01 Nov 07 Religare IPO allotment chances looks bleak
Religare IPO has been subscribed by over 160 times, beating my estimate of 100 times 
. Religare IPO allotment seems almost impossible to obtain. Whoever said IPO’s, in future, will see lower subscription levels because of restrictions on P Notes have been proved totally wrong by Religare IPO. Retail investor category has been subscribed by over 93 times. So retail investors can forget about getting allotment in the Religare IPO. Religare IPO allotment status will be out on the third week of November.
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Is at least a single lot guaranteed for retail investors who applied for maximum shares at cutoff?
@Tarun – Unfortunately No! Expect a full refund. Consider your self very lucky if you get 1 lot alloted in the religare IPO.
Any news about Varun Industries IPO Listing Date?
[...] Religare IPO allotment chances looks bleak [...]
I applied for 3 lots at cutoff , and I got 1 ! Yipee !
allotment setus for app. no. 1920801
thanks in advance !
whom should i contact regarding the refund for religare ipo .i did not get bac my refund