hey GB,
i am just lil confused.
price band for Pgrid FPO is 85-90.
1.there are huge bids from 85 Rs to 90 Rs. but one thing, BSE+NSE page on bseindia is showing bids at 90 & at cutoff different. y is so. aren't 90 & cutoff are same? second: who the hell making such huge bids @ prices in price band. & whats logic behind making such huge bids. i've seen this in COAL too. (this is probably stupid q, but answer if possible)
2. in RII they show no quantity bids at cutoff & at other prices. how come such thing not shown in QIB?
3.besides when u say some issue is 2.31times subscribed (recent coal ind), wht does it mean? i mean there are 2.31 times bid at cutoff price or overall 2.31 times bid received in price band?
excuse me being noob
Logik