Comments on: Vishal Retail IPO : Apply at cut off

By: Sachin Bhandari

Sachin Bhandari — Tue, 26 Jun 2007 10:47:52 +0000

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

I did not get the allotment

By: sukhdev

sukhdev — Thu, 14 Jun 2007 03:59:35 +0000

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

By: Bullish Indian

Bullish Indian — Wed, 13 Jun 2007 14:16:58 +0000

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

By: elixir

elixir — Wed, 13 Jun 2007 12:54:45 +0000

thanks sir

By: Bullish Indian

Bullish Indian — Wed, 13 Jun 2007 11:30:46 +0000

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.

By: Bullish Indian

Bullish Indian — Wed, 13 Jun 2007 11:26:18 +0000

@ 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.

By: elixir

elixir — Wed, 13 Jun 2007 10:44:53 +0000

over subscription at 3.pm

By: elixir

elixir — Wed, 13 Jun 2007 10:42:12 +0000

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 ?