154.1. Arca| Link| Bookmark|
January 25, 2023 11:55:29 AM
(1000+ Posts, 500+ Likes)
Logic wins those who sold futures to buy in fpo made profit.now even if they don't apply and square of positions they make profit.
154.2. MAMU| Link| Bookmark|
January 25, 2023 1:01:57 PM
IPO Guru (1700+ Posts, 1100+ Likes)
True.. but yesterday spike of 3450 to 3524 in just 15-30 min was like it will reach around 3600 in 2-3 trading session. But today around 3380 massive short build up.
Bhailog, don't get carried away from seeing subscription figures on 1st day.
taking inspiration from LIC IPO, 1st day bohot fake subsciption hote hai, most of them got cancelled or edited to lower amount. also, LIC ke IPO mein bhi SBI wale pre IPO booking kar rhe the. Same is happening right now.
aur iss baar, bank strike from 28th to 31st jan. 26th republic day 27th IPO opens (Friday) 28th se strike at some places starts 29th Sat 30 Sun 31st =Monday= last date of IPO= Nationwide bank strike
toh most of the application won't even be submitted due to bank problems. so jo seriously apply krenge, woh 1st day ko hi application kr denge. no one will be waiting till last day because of bank strike. toh 1st day sunsciption figure jo honge woh unusually high honge.
ADANI ENT went up by 30 times in last 2-3 years. And now this FPO brings fresh issue of approx 5% of stake for 20,000 crore. note that 5% of 30x = 150% of 1x. iska simply yeh matlab hota hai ki 20,000 crore mein poore company ko aap 1.5 times khareed lete 2019 mein par ab sirf 4-5% milega
DISCLAIMER: Not a recommendation. Only for educational purpose
If both retail n Hni undersubscribed & qib oversubscribed, then shares alloted at higher level or lower level? Thanks
151.1. Smile✅| Link| Bookmark|
January 25, 2023 1:53:04 PM
IPO Guru (1600+ Posts, 900+ Likes)
Most probably at higher level. Here qib will receive more allotment
151.2. arunARUN| Link| Bookmark|
January 25, 2023 2:35:33 PM
IPO Guru (1900+ Posts, 1600+ Likes)
when you give a bid you give both price and number of shares. Obviously company would like to give minimum number of shares for raising Rs 20,000 crores
150. MAMU| Link| Bookmark|
January 25, 2023 2:32:42 PM
IPO Guru (1700+ Posts, 1100+ Likes)
149. Smile✅| Link| Bookmark|
January 25, 2023 1:57:33 PM
IPO Guru (1600+ Posts, 900+ Likes)
This sudden fall is operated After budget stocks will regain original price n we all will say market welcomes budget with ..... up in nifty, sensex me bhari uchal.
148. CL BASSI| Link| Bookmark|
January 25, 2023 1:30:11 PM
Top Contributor (300+ Posts, 100+ Likes)
Note -: PSU bank closed from 28.01.2023 to 31.01.2023 due to bank strike
Not a good day for Shares of Adani Group today. All shares down and down. At one point of time, Adani Enterprise was down about 115. FPO opening day after. May be a strategy to misguide investors. Adani slipped to 4th position in reaches of the World. Everything Great.
Tvs supply chain solutions ipo is coming in 2nd week of Feb Get ready
140. Chem cho| Link| Bookmark|
January 24, 2023 8:06:28 AM
IPO Guru (2500+ Posts, 2700+ Likes)
I am still not convinced with the theory that if it is under subscribed in retail and person applies for 2 or more lots in retail category he will get the chance for 8 shares The company will try to transfer the shares of retail un subscribe shares to HNI QUOTA , where there will no discount and the Adani enterprises will save Rs 64 discount , i still feel that retail will get only 4 shares
It's not under-subscribe as far as total application in retail (including the ones who applied for 2 to 15 lots ) exceeds allocated quota. It's just that total no. Of applications will be lesser than the lots available.
So investors who applied for multiple lots , will get a few more shares on proportionate basis
@Chem cho You are more experienced member of this forum than me and have better knowledge about market. In my opinion if the subscription figures is less than one time, all the eligible subscribers will get full allotment they applied for. If it is subscribed one time application wise only then 4 shares will be allotted to eligible applicants. There is no question of getting allotment upto 8 shares if not subscribed fully. Unsubscribed portion will automatically transfered to other categories. You know better than me.
140.5. Lokesh Chiru| Link| Bookmark|
January 24, 2023 11:25:28 PM
Top Contributor (400+ Posts, 300+ Likes)
@PKRAJ: Agree with you except the statement " There is no question of getting allotment upto 8 shares if not subscribed fully".
If the issue is not fully subscribed in retail then full allotment will happen.
If retail portion not subscribe application wise fully , then first every applicant will be allotted 4 shares (1 lot) and remaining shares will be allotted in proportion to them who have applied 2 to 15 lots (8 to 60 shares)
depends on subsciption consider number of applications = number of people applied consider subscription amount = lots applied per application x number of applications
(Becasue many people apply more than 1 lot. Some may apply even 13 lots and still be in retail category {less than 2 lakhs}. [Note that this happens more frequently in Overvalued/bigger IPO to mislead retail investors from subscription figures]
FOR UNDERSUBSCIPTION IN RETAIL QUOTA
Scenario 1: Total applications more than total lots in retail quota in this case number, everyone gets maximum 1 lot on "lottery" basis (because subscription amount will be definetly more than retail quota size)
Scenario 2: applications received less than total lots in retail quota, but subscription amount more than retail quota size in this case number, everyone gets atleast 1 lot, and then all remaining lots decided on proportionate basis
Scenario 3: Application received less than in retail quota, and also subscription amount less than retail quota size in this case number, everyone gets 100% allottment. But this is least likely to happen because people in other cateory (eg. small HNI) will automatically make applications of 13 lot to get guaranteed allotment in retail. Thus subsciption amount will automatically go above retail quota and it will convert to Scenario 2
AND moreover companies bringing IPO hire banks as IPO manager to successfully get the IPO subscribed. SO NO CHANCE OF UNDERSUBSCIPTION. i am expection going below fpo price after listing. If not immediately then after a month.
DISCLAIMER: NOT A RECOMMENDATION TO SELL or buy. Just for Educational purpose please like the message if I helped you
139. Trueinfo| Link| Bookmark|
January 24, 2023 8:26:39 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Dates are identical to Adani Wilmar. Looks like his favorite dates based on numerology.
139.1. jay here| Link| Bookmark|
January 24, 2023 10:40:42 PM
IPO Mentor (700+ Posts, 500+ Likes)
Agree! Most of super rich believe this kind of things.
I read SOMEWHERE THAT THE NEW HNI RULES APPLY ONLY TO IPOs; Adani FPO follows the same rules, or possibly follows the Old HNI Rules. Please confirm with an expert.
136.1. arunARUN| Link| Bookmark|
January 24, 2023 5:09:12 PM
IPO Guru (1900+ Posts, 1600+ Likes)