07 Nov 07 Mundra Port IPO allotment chances looks good

Mundra Port IPO allotment chances seem to be high for retail investors. Though overall the Mundra Port IPO was oversubscribed by a whooping 116 times, retail investor category has been subscribed by only about 16 times. Hence investors who applied in the Mundra Port IPO for the maxiumum quantity (15 lots) under the retail investor category have pretty good chances of getting an allotment of 15 shares. However, unless there are lots of invalid applications or stop payments given, allotment is likely to be done through the lottery system even for investors who have applied for the maximum quantity. Mundra Port IPO allotment status will be out in the final week of November. The basis of allotment will be out in the third week of November.

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Reader's Comments

1. Sam | 16 Nov 2007 5:07 am

   I am not able to understand the logic behind the IPO allotment. With the religare experience it seems the Investor has to Invest around 1Lakh Rupees to get the small %age of Shares. The Small Investors who are ready to invest around 50000 doesnt have the scope to get any IPO. The allotment should be based on investments across different brackets of Investments.

2. sameer | 19 Nov 2007 7:54 am

   any idea when the allotment and refunds be out?

3. Rohit | 21 Nov 2007 4:24 am

   Chances seems like 15 only out of max possible lots……Cheers!

4. Rohit | 21 Nov 2007 4:34 am

   Please Advice me on RPL stock

5. Ramkumar | 21 Nov 2007 8:32 am

   Mundra Port IPO allotment status

6. Ramkumar | 21 Nov 2007 8:34 am

   Please let me know Mundra Port IPO allotment status website name

7. Pooja | 22 Nov 2007 1:46 am

   WE R NOT ABLE TO SEE THE STATUS OF Mundra Port IPo so Pls tell me the side to check status.
   It’s Urgent…………..

8. monte | 22 Nov 2007 3:16 am

   where do i see the allotment of Mundra Port i have account with reliance money and their systems dont show any allotment

9. Pranjal | 23 Nov 2007 1:38 pm

   For checking the status of Mundra Port allotment one can call the number : 0225960320 which is a IVR type of thing. It will ask you to put the application number and will tell you about the allotment status. I have applied for 65 shares and got 15 shares only. The remaining amount will be credited on the account by 26/11/2007 as per the info recieved from IVR. Thanks !!!!

10. Urmila Hasmukh Parikh | 26 Nov 2007 12:32 pm

    Pl. let me know status of application no.
    3 1791324 by e.mail huparikh@mtnl.net.in

11. ROHIT MAHAJAN | 27 Nov 2007 2:22 am

    Kindly let me the status of my application in Mundra port
    App. NO 4281959
    120 SHARES APPLIED

12. babulal somabhai patel | 01 Dec 2007 12:14 am

    kindly let me the status of my application in Mundra port app no. 4 2154912 for 225 shares applied

13. dinesh gupta | 09 Feb 2008 12:28 pm

    Regarding refund of Mudra Port & SEZ Limited wide application no 6-2919041.