Pending UPI Mandate expired for ICICI & Kotak accounts in under 24 hours... Can anyone confirm for how long do these mandates last on 1 day after IPO close? Previously I have approved mandates the next day later than this but today it didn't work even at 12:30 pm were as I had put in applications at around 2pm yesterday...
2 lots had applied and approved yesterday only but for 2 more was waiting for seeing overall subscription levels, budget sentiment etc. so hence got delayed...
713.5. lokes| Link| Bookmark|
February 2, 2022 12:42:54 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@IPO OPI IPO OPI : yes for all banks/broker, time for upi mandate expire in ipo is always till 11.59am on next WORKING day , no matter what time you are applying on closing day.
712. ipobull| Link| Bookmark|
February 1, 2022 12:19:39 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Can anyone tell the subscription levels at cut-off price/ 230 by Shareholder category? Also, will the Retail (less than Rs. 2 Lakhs) & Other investors (more than Rs. 2 lakhs) under the shareholder category be counted separately and allotted proportionally.
712.1. ipobull| Link| Bookmark|
February 1, 2022 1:47:21 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@Admin, Can you provide some information on the same.
712.2. lokes| Link| Bookmark|
February 1, 2022 5:40:17 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ipobull: for subscription at 230, i am not sure, but mostly it will be near to 32X only means it won't reduce much, mostly will apply at cut off or 230 only.
For second query, i am sure that whole shareholder category will be considered as together for allotment, means chances for those who applied 1 lot is 1/33 so from 100 people applied 1 lots, 3 people will be allotted 1 lot. There is nothing like below 2 lakh and above 2 lakh for allotment in shareholder category.
712.3. ipobull| Link| Bookmark|
February 1, 2022 11:23:42 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@lokes Thanks for responding. But in the BSE IPO book-building site, lot of bids were shown against each price between 218-230 as well as cut-off. So, is that site not portraying the correct picture? Anyhow, suspense will be over in a couple of days time.
712.4. lokes| Link| Bookmark|
February 2, 2022 12:41:09 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ipobull: each single X (from 33X subscription) is 360 crore amount in shareholder category so whatever bids you were seeing from 218 till 229, those sum of all bids amount may not be much. And it might be possible that some of those are multiple bids , means same person bidding for 230 and other prices. Anyways we will come to know in BOA about final subscription in shareholder category.
@ rsk , that was my post and I posted around 2:30 pm after applying at 2:30 pm so anybody can check and apply as lot many account holders of kotak bank are there in our reputed forum. In SBI group IPOs also SBI extended time till 3 pm.
That extention was temporary and not raised for all IPOs.Cut-off time and UPI mandate time remains same as usual.
711.3. MehulStk| Link| Bookmark|
February 2, 2022 8:47:25 AM
Top Contributor (400+ Posts, 100+ Likes)
for Safa Systems & Technologies Limited it was till 2pm.
@rsk - amongst others i had also posted that the cut-off for Adani Wilmar IPO on Kotak Banking was 3pm. I myself applied at around 2:55pm. Whether the cut-off has been raised for all future main board IPOs is something we will have to check.
@ rsk , just now checked NITEENIPO's post and he posted around 1 PM which was earlier than me. One can go wrong but not all. Sad to see your post of missing ' Gayle ' Safa !
711.6. rsk| Link| Bookmark|
February 2, 2022 10:34:30 AM
IPO Mentor (600+ Posts, 300+ Likes)
Thanks Guys, as I said its not about AWL, Have applied before 2 pm.
Temporary. Lols. Where is the level playing field. Thats power of group to arm twist. Just for one IPO!
Its not about AWL application. Was trying to apply for Safa yesterday based on your info after 2 pm and could not apply.
Any ways, Looking at insane subscription, it was blessing in disguise as would have applied 10-20 lots based on subscription at 2+ pm and would have been wasted.
Banks are lousy at lease could have sent SMS that this is temporary.
711.7. rsk| Link| Bookmark|
February 2, 2022 10:45:04 AM
IPO Mentor (600+ Posts, 300+ Likes)
Request All Kotak holders to push for 3pm as standard cutoff thru your RMs. As a Insignia customer have been requesting for 6 months already.
All said, no one mentioned that this was one off cutoff time raised.
All clarified, please do not reply to this post anymore. Thanks.
710. RJ Rocks| Link| Bookmark|
February 2, 2022 9:36:38 AM
IPO Mentor (500+ Posts, 200+ Likes)
Listing time par Nifty 18000 hogi toh ADANI WILMAR will be rocket listing 🚀 upside.
709. rsk| Link| Bookmark|
February 2, 2022 8:24:06 AM
IPO Mentor (600+ Posts, 300+ Likes)
Temporary. Lols. Where is the level playing field. Thats power of group to arm twist.
Its not about AWL application. Was trying to apply for Safa yesterday based on your info after 2 pm and could not apply.
Any ways, Looking at insane subscription, it was blessing in disguise as would have applied 10-20 lots based on subscription at 2+ pm and would have been wasted.
Banks are lousy at lease could have sent SMS that this is temporary.
@Madhri.. long term prospective Price will fluctuate between 270-300.
708.7. sdz| Link| Bookmark|
February 2, 2022 8:21:06 AM
IPO Guru (1200+ Posts, 500+ Likes)
All other companies- valuations based on FY22 & FY23 For Adani companies-valuations will be based on FY32 & FY33 😜🤣
707. Jetha Lal| Link| Bookmark|
February 1, 2022 7:42:33 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Aniket Sir promised to give investment picks after analysing budget. But due to Admin we won't able to get any ideas and direction:( If you keep on throwing experienced gurus from this forum then only spammers and noobs will remain on this forum. Do you really want to grow or dismantle this forum? #bringbackaniketsir
True. I was eagerly waiting for his analysis of budget and the sectors/stocks that'll benefit from the budget. He felt like a man of immense knowledge & experience and always wished for prosperity for all the members. I don't know if he or as a matter of fact any other senior members will be interested now to share their thoughts after aniket sir was banned from the forum just for helping out others. Loss for both quality of the forum and new investors like me who used to learn a lot from people like him.
Dear experts, I have applied for 13 lot in SH category what are the chances of allotment? And If I am lucky then how many lots I will receive please reply.
Today evening I was watching one of the channel on which one of the main architects of todays budget made a wonderful comment which is true reflection of current IPO situation:
Our current financial environment is very very stable as most of our banks are very well capitalized with very low and stable NPAs, "mostly because all the risk capital is being raised through IPOs".
Request each one of you to make your own conclusions what it actually means......Happy investing....
IPO party is over, Valuation is the key now just like we have seen in recent IPOs, CMS subscribed less performed well due to good valuation, AGS subscribed well but listed poorly due to high valuation (both companies are good fundamentally) Looking at its subscription, People seems to started ignoring valuation especially NIIs, this one is also over-valued will fall flat on its face unless it's another operator play.
Adani group along with their proxy FII share holders itself is a big operator, except AEL all their shares are operated and prices are kept high just to pledge their shares in public sector banks to raise money at higher valuation, some day this scam will break and take down all the Adani group shares along with PSU banks, maybe the trigger for the next bear market phase and a new NPA cycle.
Things may change sooner, this March itself, may not be a full fledged bear market but a long consolidation simply due to strength of the rich economy. Next few years, New taxes will start breaking even the rich economy, leading to a full collapse before 2024 itself.
@Prats It´s a little too early for the doomsday predictions, global markets have rebounded and Indian markets will follow suit. It´s called a bear trap. There will be no stopping Adani, Ambani, Modi, Shah until 2024 (or even 2029)
We Don't know if it list at premium or discount. We can't even predict what happens to a single stock, and we are trying to predict election results down 2 years. Lol. It always comes down to individual conviction and risk reward theory.
@Prats sir looks like you have some misunderstanding there is no change in LTCG kindly please re-read budget highlights
697.10. K.Atar| Link| Bookmark|
February 1, 2022 1:29:23 PM
IPO Guru (1000+ Posts, 700+ Likes)
@user, -> Currently, the surcharge on any long-term gains from sale of listed stocks or equity funds at 15%. -> Proposed : Surcharge on long-term capital gains on transfer of any assets capped at 15%. This surcharge rate could go up to 37% for other assets, which has now been capped at 15% for all asset class.
@PowerUser , I did not in any way try to predict the 2024 winner but if you were a betting man you would know whom to bet on ... and we are all punters here whether we admit it or not My reply was to the original post which I thought was an unnecessary attempt to create panic. Nothing has changed with the Indian economy which is on a multi year bull run to 5 trillion and hopefully beyond