Central Bank of India IPO Subscription, Allotment and Listing
July 28, 2007
The Central Bank of India IPO was subscribed by 62 times. Retail Investor category got subscribed 16 times and the Qualified Institutional Bidder category got subscribed by over 89 times. Central Bank IPO subscription figures suggest that the Central Bank of India stock will list at a premium to the IPO issue price. Retail investor category has not been heavily oversubscribed compared to the QIB category and non institutional investor category. Hence those who applied under the retail investor category will get allotment more easily than those who applied in the other categories. Since the central bank of india is a fundamentally strong bank, investors should avoid selling the stock on the listing date and instead hold it for the long term.
Posted in IPO Subscription Details, Listing Date, Allotment Status
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July 30th, 2007 at 1:21 pm
Hi,
can you tell me on how much premium this CentBk ipo is expected to be listed?
And what could be the short term target?
Thanks,
July 31st, 2007 at 11:01 am
HI,
At wat premium it is expected to list???? and wat is the short term target?
Anyone has any idea about this?
Thanks,
Balaji.J
August 3rd, 2007 at 12:10 am
Hi,
I’m sure Central Bank will list between 145-155 INR.
this is an official news from a source of Central Bank, and do not sell the shares immediately.hold it for a min of 6 months then you can see a good returns.
regards
Ganesh.S
August 3rd, 2007 at 5:51 am
Hi,
I think that the premium would be around between Rs. 75 and Rs. 90.
thanks,
sk
August 4th, 2007 at 8:20 am
Listing date of Central Bank of India…?
August 6th, 2007 at 7:07 am
Please let me know listing date of IPO Central Bank of India & Omaxe Ltd.
August 7th, 2007 at 11:28 am
CBI allotment by 13 august and listing on 17th august , the grey market premium is around 40 rupees , but its expected to go up
You can check the allotment status on intimespectrum.com
August 10th, 2007 at 2:46 am
Central Bank’s IPO Won’t be listed at a very high Premium due to the recent CRR hike and as another CRR hike is expected before Dec 2007. But a Premium of 10 -35 Rs can be expected. You have to consider the fact that Indian Economy is just not dependent on the local market conditions but on a global level. Banking sector will not post a tremendous result (in terms of net profit) in Financial Year April 07 - March 08 as compared to 06-07.
August 10th, 2007 at 2:46 am
likely to be listed on 17th August
August 10th, 2007 at 10:24 am
plze inform hoe many alloted
August 12th, 2007 at 7:07 am
Hi
Central Bank is likely to be listed at 250-260 range and most likely to cross 400 mark in the first day. With Investment deposit ratio of 0.34 and credit deposit ratio of 0.63, the bank has a similar investment partern as SBI. It’s employee cost/operating 68% is lower than SBI’s 77%. With Book value of Rs. 77 and EPS Rs 15 the CBI looks to be a good buy on listing.
I applied for 960 shares and alloted only 120 shares. Hope to cash in on gain on listing.
All the best guys.
August 14th, 2007 at 5:51 am
i applied for 960 shares of central bank and have been allotted only 63 shares. when is the refund amount expected? does anyone know?
August 14th, 2007 at 7:28 am
Any idea where can I see how many shares I have been alloted? I have applied for 540 shares of Central Bank. Order is in executed status but I still dont know how many shares I have been alloted? Please do let me know if anyone is aware of the same. When CB is going to be listed and how much app.?
Thanks,
Raj
August 15th, 2007 at 4:50 am
Hi,
The price of 400 etc seems hieght of optimism. Its realistic when i say a listin at aroun 150 and a peak of about 180 on the first day. Beyond which,
it really doesnt make more sense.
I applied for 120, and got 60.
Al the best, anyways.
August 19th, 2007 at 11:53 am
Do anyone know when CBI IPO is going to be listed
Today i got my refund back…
August 30th, 2007 at 8:33 am
I have yet to receive my refund of Central Bank. Any idea when it is going to be done. What is the mode of refund?
September 1st, 2007 at 9:53 am
I have yet to receive my refund of Central Bank. Any idea when it is going to be done. What is the mode of refund?
September 11th, 2007 at 11:58 pm
I have not yet received my refund of Central Bank. Please let me know the status of my application 5-348856?