12 Jun 07 Vishal Retail IPO : Apply at cut off

Vishal Retail IPO is doing extremely well both in terms of grey market premium as well as subscription received so far. Vishal Retail IPO will close for subscription tomorrow. It has been oversubscribed today itself. Vishal retail IPO subscription details as of today are given below

Institutional investor category – 1.08
High networth individual category – 0. 39 (undersubscribed)
Retail investor category – 2.60

Overall, the Vishal Retail IPO has been subscribed by about 1.40 times (oversubscribed by .40 times). I will be applying for this IPO tomorrow through cheque. However, if the IPO fails to get oversubscribed by 5 times in the institutional category or if the retail category gets oversubscribed by more than 30 times, I will be giving a stop payment.

The lead manager for Vishal Retail IPO is Enam and the registrar is Intime Spectrum Registry Ltd. For updates on the final subscription details of Vishal Retail IPO and to know the allotment status, refund details and listing date of Vishal Retail IPO, do check this blog regularly.

Update : The 1 PM subscription figures of Vishal Retail IPO look very attractive. Forget DLF IPO and apply aggressively in the Vishal Retail IPO for excellent Listing gains.

Related Posts

Vishal Retail IPO

Vishal Retail Listing Price

Vishal Retail IPO Subscription Details : Vishal Retail allotment status and listing

Vishal Retail IPO allotment status

Koutons Retail IPO Subscription Details : IPO Oversubscribed

Dhanus Technologies IPO opens for subscription on 10th

Vishal Information Technologies IPO Subscription Details

Roman Tarmat IPO day 1 subscription details

Apply in the Koutons Retail IPO for Listing Gains

Niraj Cement IPO Subscription Details

Apply in the Transformers and Rectifiers IPO for Listing Gains

Time Technoplast IPO : Apply at Cut Off for Listing Gains

IVR Prime IPO : Apply for Listing Gains

Apply in BGR Energy IPO for Listing gains

DB Realty IPO Subscription Details

Reader's Comments

1. elixir | 13 Jun 2007 5:42 am

   overall oversubscription 25.96 times
   but one broker at prabhudas liladhar tell me that some rumour help this issue to get oversubscribe is it true ?

2. elixir | 13 Jun 2007 5:44 am

   over subscription at 3.pm

3. Bullish Indian | 13 Jun 2007 6:26 am

   @ Elixir – I dont think there is any rumour. Its just that the IPO is attractively priced and the future prospects are very good for Vishal Retail Limited. I expected 30 – 40 times oversubscription in Vishal Retail IPO because this is a very small IPO and also a good issue.

4. Bullish Indian | 13 Jun 2007 6:30 am

   Vishal Retail IPO subscribed 39 times as of 4 PM. Will the final oversubscription cross 50 times. Lets wait and watch. Hope oversubscription in retail does not cross 14. If it crosses then allotment would be by lottery even for those who applied for 350 shares.

5. elixir | 13 Jun 2007 7:54 am

   thanks sir

6. Bullish Indian | 13 Jun 2007 9:16 am

   You are most welcome. Looks like retail category in vishal retail IPO is subscribed more than 40 times. I lost hope of getting allotment.

7. sukhdev | 13 Jun 2007 10:59 pm

   Sir can u tell me how we get cut- off price for IPO.

   second thing is as vishal IPO oversubscibe for 50 times, say one who for 100 Shares how many he gets if he has given maximum price Rs270

8. Sachin Bhandari | 26 Jun 2007 5:47 am

   Hi Folks check your status on line for Vishal megamart IPO at intime spectrum website

   I did not get the allotment

Leave a Comment

Name (required)

Mail (will not be published) (required)