Adani power ipo

Hi, i have applied adani power ipo 2 lots.. whats the probability i have for allotment.. whether i will get atleast 1 lot??

post ur views

Assuming you have applied at cut off price. The probability of getting is 66%. i.e., (1/3 * 2) * 100. If you would have applied for 3 lots, you might have got 1 lot for sure. Better luck.

Thank you for ur reply.

what could be the premium of adani power while listing. Can anybody tell.

Retail oversubscrition is 2.96 times , on dividing your appl quantity of 130 shares with 2.96 , your allotment entitelment is 22 shares. as per IPO rules minimum allotment should be 65 shares , Lot size. so instead of rejecting your application 65 ahares will be allotted by Lottery to those applying 65 or 130 shares .
best of luck for 65 shares allotment in lottery.

if you divide 130 by 2.96 , it comes around 43? Is that correct that he will get 43 instead of 22?

sorry, for 65 shares it is 22 and 130 shares it is 44 , both below 65 so 65 shares will be allotted by lottery in both cases . for 195 it is firm 66 shares allotment and similarly for other app upto 975 shares , few may be extra due to rejection etc unsubscribed employee portion , resulting in fall in Retail oversubscription

what's the website to know out allotment details and when it is expected .. some people told today... but no updates in any website regarding allotment.. anybody know that?? pls reply..

www.karisma.karvy.com

allotment expected 12th/13th

you may watch for updates
http://www.traderji.com/initial-public-offers-ipos/11112-ipo-diary.html

ADANI allotment can be checked at

http://203.199.177.158/ipo/

Allotrment :

Retail O/S is finaly 2.65 times

65 & 130 shares appl : will get 65 shares by Lottery
195 shares to 975 shares : divide by 2.65 to get exact shares allotment