Endurance Technologies Limited IPO : Basis of Allocation

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INVESTORS ONLY GET 30 SHARES irrespective of number of shares /lots bid for. Roughly 47% of applications will get 30 shares (1 lot) whether you apply 1 lot (30shares) or 14 lots ( 420 shares)

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 Endurance Technologies Limited IPO Update:

Basis of Allotment has been approved by Stock Exchanges.

Retail Investors will get 30 Shares in below ratio:

232 : 495  - Bid Lot 30 Shares

15 : 32 - Bid Lot from 60 to 420 Shares

INVESTORS ONLY GET 30 SHARES irrespective of number of shares /lots bid for. Roughly 47% of applications will get 30 shares (1 lot) whether you apply 1 lot (30shares) or 14 lots ( 420 shares)


HNI Final Subscription: 127.3085


Tentative Dates:

Unblocking of Funds: 17-Oct-16

Credit of Shares: 18-Oct-16

Listing: 19-Oct-16