IPO listing on which exchange?

S

shadowfax

New Member
#1
#1
Folks,

I need some answers to something which has been vexing me. How can i know the stock exchange (NSE/BSE) at which my IPO application is pending? The reason iam asking is this. The recent CARE IPO which closed was oversubscribed 6 times on BSE and only 2 times on NSE. So does this mean if my IPO application was processed by NSE I would have 3 times more probability of being allotted? Or do the book builders/managers accumulate all the applications from both stock exchanges and do a common allotment as per the allotment process given in the prospectus? And then allot them to stock exchanges at random? Can somedody clear this up for me please?

Thanks,
Sachin
 
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