NHPC has finalised the basis of allotment. Retail investors who have applied for the maximum of 2625 shares have been allotted 713 shares. Retail investors applying for 700 shares or more have been allotted on a firm basis while below 700 shares there is a lottery allocation. There was a spill over from the employee […]
Posts Tagged ‘HNI’
NHPC application cost for HNI
August 22nd, 2009
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Is applying by leveraging worth it? In the current IPO season the first issue to receive overwhelming support was NHPC. The issue was oversubscribed an overall 23.74 times. The individual break up was as follows QIB 29.11 HNI 56.56 Retail 3.87 Employee 0.57 Overall 23.74 times total applications received 12, 84,390. For purposes of this […]