Can I apply for full 1,00,000/- or is there any lot system in this IPO?
Can I apply for full 1,00,000/- or is there any lot system in this IPO?
Market Lot: 17 SharesOriginally Posted by Harish Rawat
Minimum Order Quantity: 17 Shares
Issue Price: Rs. 340 - Rs. 375 Per Equity Share
So if you apply for the highest price band -
Minimum Application = 375 * 17 = Rs.6375
Maximum Application = 375 * 527 = Rs. 197625
1 Lach Application = 375 * 255 = Rs. 95625
So you can apply for Rs.95635.
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MOIL IPO oversubscribed 2.37 times on Day 2
Chances to get more shares to retail investors are less.MOIL IPO subscribed 53.84 times
Retail investors may get fewer shares in MOIL IPO
MOIL IPO priced at Rs 375/share, to list on Dec 15.
MOIL allotment is out. Check here - http://mis.karvycomputershare.com/ipo/
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
I had applied for 22 Lot (More than 1 Lakh) but get 1 lot. Who got the maximum? Any idea about listing price? Current grey market premium?
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