07 Jun 07 Meghmani Organics Limited IPO Subscription Details : IPO Issue Oversubscribed
The subscription for Meghmani Organics IPO has ended today. The Meghmani Organics IPO has done very well. Retail investor category has been subscribed by about 26 times (oversubscribed by about 25 times). Hence all investors who applied in the Meghmani Organics IPO will get allotment by lottery system. No matter how many shares you applied, you will not get firm allotment. The high networth individual category in the Meghmani Organics IPO has been subscribed by about 45 times (oversubscription ratio : 43.75 times). The institutional investor category has received a subscription of a little less than 19.5 times the IPO issue size (oversubscribed by about 18.5 times). Overall, the Meghmani Organics IPO has been subscribed 24 times (oversubscribed 23 times).
Personally, I feel Meghmani Organics Limited will have an excellent listing and will provide good listing gains for those who are lucky enough to get allotment of shares. The listing date of Meghmani Organics Limited is likely to be somewhere in the last week of June. Meghmani Organics Limited will list both on the NSE and the BSE. Investors who have invested in the Meghmani Organics Limited IPO can expect to receive the IPO refund in the fourth week of June through ECS. Allotment is likely to be made a few days before the listing date. The allotment status of Meghmani Organics IPO and the details for checking the allotment status online will be posted here as soon as they are available.
Listing Date : Meghmani Organics will list on Thursday, 28 June 2007ÂÂ
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11941578 11941011 11941012 11941013
1) 11941578
Sole / 1st Applicant: GOPAL R SHAH
Cut off Price: 19
Shares applied: 5250
Allotment Details
Shares Allotted: 350
2) 11941011
Sole / 1st Applicant: GOPAL R SHAH HUF
Cut off Price: 19
Shares applied: 5250
Allotment Details
Shares Allotted: NIL
3) 11941012
Sole / 1st Applicant: RAMCHANDRA K SHAH
Cut off Price: 19
Shares applied: 5250
Allotment Details
Shares Allotted: NIL
4) 11941013
Sole / 1st Applicant: KAUSHALYA G SHAH
Cut off Price: 19
Shares applied: 5250
Allotment Details
Shares Allotted: 350
Does anyone know the first trading day of “Meghmani Organics Limited IPO” ?
The listing date of meghmani organics IPO has not yet been announced
Application No. 1 1086679 for 700 Shares of Meghmani Organics Ltd
@S Shah – The status says “Unable To Find”. I think there is some problem with this particular application. Get in touch with the registrar.
i want to know the grey market premium of vishal retail and meghamani is this possibel.
i have received 350 share in meghamani what is the best price to sell it ?
Meghmani Organics Limited IPO
name of the applicant: Paramesh reddy kasimreddy
Application no: 24701956
No of share applied: 1400
DP ACCOUNT: 41324900
Hi bullish India:
Please let me know whether I have been allocated any Meghmani Organics Limited IPO shares to me? I have checked my online trading account on saturday. neither I have got allocated not I have recieved momey back through ECS to my account. PLEASE TELL ME STATUS.