27 Jun 07 Spice Communications IPO Subscription Details – Listing Gains likely
The subscription for Spice Communications IPO has ended. Spice Communications IPO has performed extremely well. The Spice Communications IPO has been subscribed by about 37.5 times (oversubscribed 36.5 times). Retail category has been subscribed by about 4 times (oversubscribed by about 3 times). Kindly note that the IPO subscription details of Spice Communications IPO are of 5 PM today. I feel Spice Communications Limited will have an excellent listing and will provide good listing gains for those who recieve allotment. Allotment for retail will be high since the retail portion is not heavily oversubscribed. The listing date of Spice Communications Limited is likely to be somewhere in the third week of July. Spice Communications Limited will list only on the BSE since its a negative netwroth company. Investors who have invested in the Spice Communications IPO can expect to receive the IPO refund in the first week of July through ECS (in select cities). Allotment is likely to be made a few days before the listing date. The allotment status of Spice Communications 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 Bullish Indian
I applied for 1215 shares i.e 9 lots rs 56k app of spice
today by cheque.
but now after seeing the retail subscription fig of 4, I think I have applied for too much.
what will be the basis of allotment? any idea
will I get 1215 shares or 50% of it e.t.c .
Also is there any possibility of it listing at discount after considering low retail interest
+ in case of any correction. Today
evening ASK securities gave a msg in IPO News moneyctrl.com saying: Fair value of spice is rs 29.
what do you think? how much did you applied for?
thanks
hi bullish indian,
this is the first time i had invested in stock market and i donot have much knowledge regarding the same .
i had applied for DLF ipo for 100 shares in retail category.
my querry is what is the date of listing and what price it would get listed.
regards,
jignesh
i wana know how many shares would i get in dlf ipo.
i have applied for max.
hi,
I like to apply for everon but shortage in fund.
Any idea when the refund amount will be settled down for spice comm.(if the allotment is not full)?
Any idea abt spice comm. listing date?
Please let me know asap.
I have not yet received refund for Spice Comm IPO. Whom should I write to? Thanks
I am still waiting for Spice Comm IPO Refund. Had applied through Kotak. Any ideas on how I can follow up?