04 Jul 07 HDIL IPO Subscription Details
The subscription for HDIL IPO has ended. The HDIL IPO has performed pretty well. HDIL IPO has been subscribed by 6.6 times (oversubscribed 5.6 times). Retail category has been subscribed by only 1.59 times (oversubscribed by 0.59 times). Hence all retail investors who have applied for 28 shares or more in the HDIL IPO will receive firm allotment. Institutional investor category in the HDIL IPO has been subscribed by over 10.13 times (oversubscribed 9.13 times) and the High Networth Individual category has been subscribed by 1.78 times (oversubscription ratio : 0.78 times).
I feel HDIL IPO will have a pretty decent listing and will provide moderate listing gains for those who have applied in the HDIL IPO. The listing date of HDIL is likely to be somewhere in the fourth week of July. HDIL will list both on the NSE and the BSE. Investors who have invested in the HDIL IPO can expect to receive the IPO refund in the third week of July through ECS. Allotment is likely to be made a few days before the listing date. The allotment status of HDIL IPO and the details for checking the allotment status online will be posted here as soon as they are available.
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Hi,
I ‘ve applied for 21 shares, are there any chance of me getting allotment ?
It would be nice if you can explain how this allotment thing works.
~Thanks,
Sarang
Hey Buddy,
Sorry for the wrong question, I just confused 28 shares, with shares worth 28 thousand.
I’ve actully applied for 42 (worth 21k ) shares. According to you I should get a firm allotment.
Can you please explain the theory behind this ?
~Thanks,
Sarang
Hi all..
any expectations for HDIL…??
and when it is going to hit the market..??
sir i applied for 70 shares .how much will i got.and what will be the prospects.kindly tell me.
Hi,
I ‘ve applied for 112 shares, are there any chance of me getting allotment ?
It would be nice if you can explain how this allotment thing works.
~Thanks,
hitesh
@HITESH,
I think you have pretty good chance of allotment, since retail category oversubscrived by only 1.59 times. I applied for max 196 shares, so I will get 123 (196/1.6) shares in firm allotment.
BoL and happy IPOing…Manoj
u will get all no problem
all who applied for more than 28 shares will get firm allotment
Hi Bullish,
You said “all retail investors who have applied for 28 shares or more in the HDIL IPO will receive firm allotment” – how did you arrive at the number 28.. what’s the math involved?
Regards,
Krishnan.
HI all,
The allotment and refunds have been credited to my ICICI account. I applied for 140 shares (Rs. 70,000) and was allotted 113 shares. (Rs. 56,500)
hello sir,
i had applied for 14 shares of HDIL and got full allotmnent of 14 shares. Whereas my friend who also had also applied for 14 shares didnt get a single share alloted to him.
could you explain how this happened??
also plz comment on the exit price for HDIL on listing date
continued…….
both of us had applied at cut off rate for HDIL
application no 32939714
ch no 943402 obc payble at delhi
i have not received any shares & return money
so i want to know that how i received shares as soon as possible
plese reply my id
anita1arora@hotmail.com
i had applied for HDIL ipo vide application number 31912742, kindly send the details of my refund of Rs. 4000/-