MCX IPO listed this week, 9 March 2012
Name of Company | Multi Commodity Exchange of India |
BSE Script Code | 534091 |
BSE Script ID | MCX |
ISIN No. | INE745G01035 |
BSE Group | "B" |
Basis of allotment Retail
Basic of allotment HNI
Many people apply for an IPO, very few end up with the shares. MCX Initial Public Offer (IPO) Over Subscribe 54.13 times & Retail portion 24 times. Now everyone thinking how much shares allot to me.When this IPO List on Exchange.
Allotment basis - applied for 192 share around 8-10 shares
e.g. Issue subscribe 24 time in retail 192/24 = 8 share
Below 100 share applied allotment 30-40 out of 4-6 applications get 8 shares each.
I am not received any detail data yet that why not possible to calculate other lot allotment status.
Allotment Date : before 14 March 2012 (12 working days after issue close)
Listing Date : before 17 March 2012 (within 3 day after d'mat credit)
Exchange : BSE only ( not listed in NSE)
New Exchange listing Process is change :
- Circuit Filter : 20% : 1032 + 206 = 1238
- No Intra Day Trading allow for new security (Trade to Trade)
- Pre - opening session -no market order allow in pre-open session
Premium for this IPO around 300 that why close circuit level
If allotment in your favor don't sale this stock Hold it.
Target around 1700-1800
i applied for 200 shares. got only 14.
рдЬрд╡ाрдм рджेंрд╣рдЯाрдПंSICK & NONSENSE!
WHAT A COUNTRY!
You applied 200 and got 14, see the peoples applied in lacs, country is good then only u survived
рд╣рдЯाрдПंYou are lucky person.
рдЬрд╡ाрдм рджेंрд╣рдЯाрдПंThousand of people not received single share
Don't sale first day Hold it for good returns.
My view about this share double in short term