A phrase that the Oxford English Dictionary reports was first used in 1736. It means "to make an inventory of the merchandise, furniture, etc., in one's own possession, recording its quantity and present value, or to make a careful estimate of one's position with regard to resources, prospects, or the like."

Tuesday, May 22, 2007

MIC Electronics allotment is out

The allotment of MIC Electronics is out. Intime Spectrum being its usual punctual self has released the allotment without any delay. You can check your allotment status here:
http://www.intimespectrum.com/site/ipo.asp

Company Name: MIC Electronics Limited
Application Details
Sole / 1st Applicant: RAJESH VIJAYARAJAN
Cut off Price: 150
Shares applied: 495
Allotment Details
Shares Allotted: 45

I have been alloted 45 shares. 1/11 of what I applied for. Its OK, at least I got something. Me is relieved. Was there an element of luck involved ? We will have to wait for the BoA to come to determine that.

My IPO hit-rate stands at 46.15% (6 out of 13).

Issue Allotment
MIC Electronics
Rs. 6750
Mindtree Consulting REJECT
Indian Bank Rs. 24115
Power Finance CorporationRs. 6800
Firstsource SolutionsRs. 8704
Redington IndiaREJECT
Global Broadcast News Rs. 6250
Autoline Industries REJECT
Pyramid Saimira REJECT
Tanla Solutions REJECT
Sobha Developers REJECT
Parsvnath DevelopersRs. 6000
Info Edge IndiaREJECT

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