7 Dec 2013
Care IPO Refund Process is complete. Check your Bank account link with D’mat account.
I just solve one refund related problem. If you have any refund related problem contact your Broker for checking your refund status or send query to Registrar.
QUERY : – APPL. NO. SHOWING IN REJECTION LIST. REASON BID NOT REGD. ONLY APPL. RECD.
Answer from Register : Refund order bearing no.4xxxxx for Rs.90,000.00 has already been dispatched to the investor on 31.12.2012 by regd – post vide regd letter no.4xxxxx.
| Name Of Company | CARE |
| BSE Script Code | 534804 |
| BSE Script ID (BOLT) | CARERATING |
| ISIN No | INE752H01013 |
| Issue Price | Rs. 750 |
| Date of Allotment | 21 Dec 2012 |
| Listing Date | 26 Dec 2012 |
| Opening Day Rate | 932 |
The latest details of subscription by investor category were not immediately available.
Total 3,19,350 Application received & Available Lot 1,25,994 Balance 1,93,356 Application reject for Allotment they shorty received full refund amount.
[expand CARE IPO Basis of Allotment Table]
| NO of Lots | No of Equity Shares at each lot | No. of retail bidders applying at each lot | Total No equity shares applied for at each lot | No. of retail bidder who shall received min bid lot ( to be selected on lottery) |
|---|---|---|---|---|
| A | B | C | D= B*C | E= (1,25,994/3,19,350)*C |
| 1 | 20 | 2,45,680 | 49,13,600 | 96,929 |
| 2 | 40 | 15,856 | 6,34,120 | 6,255 |
| 3 | 60 | 9,199 | 5,51,940 | 3,629 |
| 4 | 80 | 4,505 | 3,60,400 | 1,777 |
| 5 | 100 | 5,832 | 5,83,200 | 2,301 |
| 6 | 120 | 7,892 | 9,47,040 | 3,114 |
| 7 | 140 | 3,831 | 5,36,340 | 1,511 |
| 8 | 160 | 1,223 | 1,95,680 | 483 |
| 9 | 180 | 657 | 1,18,260 | 259 |
| 10 | 200 | 2,324 | 4,64,800 | 917 |
| 11 | 220 | 480 | 1,05,600 | 189 |
| 12 | 240 | 843 | 2,02,320 | 333 |
| 13 | 260 | 21,031 | 54,68,060 | 8,297 |
| 3,19,350 | 1,50,81,360 | 1,25,994 | ||
[/expand]
The retail portion was subscribed at least 6.5% with 3 lakh applications. Thirty-five percent of an equity issue is set aside for retail investors, source said.
CARE IPO Allotment Link – Registrar Karvy Computershare
As per my view every retail investor not received firm allotment. Allotment done by lottery system.
A total 3 lakh investor bid have applied in the issue The retail individual bidder category is oversubscribe 6.5% (appro.) The total no of equity shares offered retail bidders is 2519895 and minimum lot size 20 shares, the maximum number of retail bidder who can be allotted bid lot will be 1,25,995 (25,19895/20) . The remaining 1,74,005 (3 lakh- 125995) retail applicant will not get allotment and such bidders will be determined on basis of draw of lots.
It’s my personal assumption about this IPO. Final Subscription data not available. It’s rough idea, about not sure shot allotment in CARE IPO.
Total 1,25,995 lot available for retail bidder & total Retail bidder 3 lakhs (approximate). What about balance 1,74,005 retail bidder, they get refund.
Reference : CARE- common bid cum application form – Page No 30 – 76 – B
Grey market Premium
Date 8 Dec
Gray market rate 180-190
Date 7 Dec.
Gray market premium traded around Rs. 140 to 150 .
Kostak Rate 1500
[expand CARE IPO Subscription Details]
11 Dec 2012
CARE IPO Subscribe 41 times, Retail portion only 5 times
NSE & BSE Subscription Data – 11 Dec 2012 Closing Data
| Category | Issue Offer | BSE | NSE | Total Subscribe | Times |
| Category I | 25,19,896 | 3,11,58,820 | 8,42,54,060 | 11,54,12,880 | 45.80 |
| Category II | 10,79,955 | 10,92,80,720 | 1,05,54,840 | 11,98,35,560 | 110.96 |
| Category III | 25,19,895 | 91,92,220 | 63,70,640 | 1,55,62,860 | 6.17 |
| 61,19,746 | 25,08,11,300 | 40.98 |
10 Dec 2012
Finally Oversubscribe CARE IPO 2.25 times
Monday 2 PM Subscription details – .48 time Subscribe Issue
Table 7 Dec 2012
| Category | No Share Offer | No of Share Bid for | No of time subscribe |
|---|---|---|---|
| Day 2 | 10 Dec 2012 | ||
| Category I | 25,19,896 | 88,24,980 | 3.50 |
| Category II | 10,79,955 | 4,14,120 | 0.38 |
| Category III | 25,19,895 | 45,15,980 | 1.79 |
| Total | 61,19,746 | 1,37,55,080 | 2.25 |
| Day 1 | 7 Dec 2012 | ||
| I - QIB | 25,19,896 | 0 | 0 |
| II - Non Insti. Investor | 10,79,955 | 22,580 | 0.02 |
| III - Retail Investor | 25,19,895 | 5,92,860 | 0.24 |
| Total | 61,19,746 | 6,15,440 | 0.10 |
[/expand]
How to take care before filling IPO Form
All investor to request Fill up Form clearly with Details
- Age
- Demat Account
- Bank Account
- PAN No
- City
- Qty as per Bid Lot
- Signature (without mismatch)