Category Archives: BVCL IPO

BVCL IPO or Religare IPO which to apply on the final day

BVCL IPO which we are expecting to subscribed fully by 10 to 15 times and the retail side around 5 times rto 10 times , so we can expect some allotment and sure for some good premium while listing .

Religare IPO is almost at 34 times now and before closing most proababvly from 75 to 100 times and on the rtail side around 25 to 35 times , which im not sure it wuill be lottery system and very mere allotment , but good premium , but finally i expect that you might good return from bvcl becasue excess share will be alloted , just this is my feeling .
Please also make you own judgement.

BARAK VALLEY CEMENTS LIMITED IPO – BVCL IPO fully oversubscribed on the first day


Symbol – Series BVCL EQ
Issue Period October 29, 2007 to November 01, 2007
Issue Size 5660000 Equity Shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs 37 to Rs 42
Tick Size Re. 1/-
Market Lot 150 shares
Minimum Order Quantity 150 shares
Maximum Subscription Amount for Retail Investor Rs.100000

IPO got oversubscribed on the first day.
Total Issue Size 5660000
Total Bids Received 6694650
Total Bids Received at Cut-off Price 150750
No. of times issue is subscribed 1.18