How many shares do I get on muthoot finance in Rs. 2 lac application?
How many shares do I get on muthoot finance in Rs. 2 lac application?
Why subscription for retail is very low?
Coal india total size 66 crores of shares - retail subscribed 2.3 times
MOIL total size is 3.3 crores of shares - retail subscribed 32 times
PSB total size is 4 crores of shares - retial subscribed 49 times
Muthoot size is 5.7 crore - retail subsscribed 8 times
With same PAN no.?Originally Posted by Master
If you have applied at cut off as it is subscribed 8 time in retail, so you can expect 150 shares on 2 lac application.
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If he would have applied with same PAN no - then all will be rejected.
He can apply for 8 application in different name having different pan and demat account no..
The road to success??.. Is always under construction.
Decent allotment chance for retail after low subscription in retail. Fingers crossed for good listing. As many analysts have pointed out, its in a niche segment with an excellent profit margin.
The road to success??.. Is always under construction.
The allotment date is expected to be 2nd May and listing date is expected to be 3rd or 4th May. All the best to all who had applied for this IPO!
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What is the latest Grey Market Price of Muthoot IPO?
Current Grey Market Price Muthoot is Rs. 34 – 36.
Listing would be around Rs. 220-225. Happy investing!
Don’t sell your application on listing. You will get good listing gain on this IPO.
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