Comment on Trading Q&A

Nithin Kamath commented on 28 Mar 2017, 01:00 AM

On issues like Dmart, it is very tough to get allotment when over subscription is as much. Maybe you could have gotten same allotment by applying for with 45k. In the HNI category, a client would have put up 1% and borrowed the rest. I think in dmart, if the HNI put up Rs 1 crore, he could apply for Rs 100 crores. I think the allotment would have been for around Rs 35lks, he would have made 35 lks gain out of which financing cost would have been 25 lks for 99 crores. But overall net, he would have still made upwards of Rs 10lks for 1 crore investment. But this was possible only because there was such a big pop on listing.

View the full comment thread »