The DLF IPO allotment status is now available.
Retail investors have got 100% allotment.
The DLF allotment status can be checked here.
The IPO still has a Rs 20 premium in grey market. However selling pressure may be seen on listing, as retail investors and HNIs try to get rid of the excess stock that they have got.
If [...]
Vishal Retail IPO Allotment is finally out.
Check it out at Intime Spectrum.
I didn’t get any for my two applications of 350 and 325 shares.
Cellular operator Spice Communications Ltd. has fixed the price band of its forthcoming IPO at Rs 41-46.
Spice Communications recently did a private placement of 24,837,889 shares at Rs 45 and raised Rs 112 crore (Rs 1.12 billion).
Post-IPO, the stake of both the promoters, B K Modi and Telekom Malaysia will come down by 10% each.
Currently [...]
The Vishal Retail IPO got subscribed nearly 50 times in the retail segment.
So what is the probability of you getting an allotment?
Here is a table of probabilities of allotment for different number of shares applied for:
(Only 25 shares will be alloted per application).
Number Of Shares Applied For (Probability Of Getting 25 Shares)
350 (28%)
325 (26%)
300 (24%)
275 (22%)
250 (20%)
225 (18%)
200 (16%)
175 (14%)
150 (12%)
125 (10%)
100 (8%)
75 (6%)
50 (4%)
25 (2%)
The grey market premium is [...]
DLF IPO Overview:
DLF is India’s biggest real estate developer.
DLF IPO is the biggest IPO ever in the Indian markets.
Price Band: Rs 500 – Rs 550.
Number of Shares to be offered: 17.5 crore shares (175 million shares)
Total IPO size – Rs 8750 – Rs 9625 crore (US$ 2.17 billion – 2.39 billion)
IPO offer is for 10.27% [...]