DLF IPO Subscription

sp1000 · #1 17th June 2007, 06:40 PM

Hi,

I am a new investor. I applied for 100 DLF IPO shares. How much you gurus think i will be alloted?

i have applied through partly payment mode. when should i have to pay the balance amount? If i have alloted all (100) shares and i don't want more than 50 shares, can i have any option??

Thanks n regards
SP1000

rajaram.dilipkumar · #2 21st June 2007, 08:09 PM

you will be alloted all the 100 shares since the retail portion was not fully subscribed in the DLF issue..........you dont have an option to subscribe for lesser shares(you should have cancelled on or before the last day of bidding) than what is alloted to you however you can issue stop-payment instructions if the cheque you gave at the time of allotment has still not been cleared ( though the chances are remote as of now).
You will be required to pay the balance amount upon notice..

nd81 · #3 22nd June 2007, 11:53 AM

what happens if one applies for 1 lakh in the retail category ? is he going
to get the full 190 shares..since the retail is not fully subscribed ?

rajaram.dilipkumar · #4 22nd June 2007, 12:08 PM

yes , he will get 190 shares

THETRADER · #5 23rd June 2007, 12:52 PM

I personally do not consider stop payment of cheque. You could get the allotment and sell 50 shares in the market when it lists. These days listing is pretty fast.

rajaram.dilipkumar · #6 23rd June 2007, 02:28 PM

but provided the shares are listed above the issue price.......given the valuations and lack of participation for the DLF issue anything could happen.
Infact iam a broker and also responsible for promoting the issue in south india hence want the DLF listing to be a huge success but ,having analysed the pros and cons, i cant understand why on earth the BRLMs to the issue have priced it so high leaving virtually nothing on the table for retail participants.
In this regard i want everyone in this forum to understand that there is an opportunity cost to evey investment we make and urge every investor to go through the details of the issue instead of going by reputation of the issue alone.Infact reputation of the issue counts for nothing when it cant even guarantee atleast the capital we have invested.
Im ready to place the details of every good issue in this forum provided there are takers and for starters who wish to invest in IPO i believe my Times of India articles posted on 24th of april will be of good help . Alternatively you can get the excerpts of the article from the below link..
http://www.timesyourmoney.com/fullAr...=april_24_2007

sp1000 · #7 24th June 2007, 05:07 PM

Thank you very much to all of you for your kind information. I am really grateful to all of you.

One more doubt i have is that how much time i will get, after the allotment, to pay the balance amount of the partly paid issues to make it fully paid??

awaiting for you valuable response..

Thanks n regards..

THETRADER · #8 27th June 2007, 04:51 PM

Quote:

Originally Posted by rajaram.dilipkumar

but provided the shares are listed above the issue price.......given the valuations and lack of participation for the DLF issue anything could happen.
Infact iam a broker and also responsible for promoting the issue in south india hence want the DLF listing to be a huge success but ,having analysed the pros and cons, i cant understand why on earth the BRLMs to the issue have priced it so high leaving virtually nothing on the table for retail participants.
In this regard i want everyone in this forum to understand that there is an opportunity cost to evey investment we make and urge every investor to go through the details of the issue instead of going by reputation of the issue alone.Infact reputation of the issue counts for nothing when it cant even guarantee atleast the capital we have invested.
Im ready to place the details of every good issue in this forum provided there are takers and for starters who wish to invest in IPO i believe my Times of India articles posted on 24th of april will be of good help . Alternatively you can get the excerpts of the article from the below link..
http://www.timesyourmoney.com/fullAr...=april_24_2007

I agree with you fully about the pricing of this issue, and, the lack of retail participation, etc., and, it is not a good issue for investors. It is just that I am against dishonoring a cheque issued. One should have weighed the pros & cons before investing, signing on the dotted line.

rajaram.dilipkumar · #9 27th June 2007, 05:25 PM

Quote:

Originally Posted by THETRADER

I agree with you fully about the pricing of this issue, and, the lack of retail participation, etc., and, it is not a good issue for investors. It is just that I am against dishonoring a cheque issued. One should have weighed the pros & cons before investing, signing on the dotted line.

i agree .........giving stop payment should be a last resort option and meant for people who don't analyze the pros and cons before investing..........

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