Adani Wilmar Limited IPO Message Board (Page 47)

Modi's budget will always be adani friendly. All adani stocks including this IPO will be multibagger till 2024. Adani enterprise 300 to 1800 in one year. Trading at over 200/250 p/e. Adani wilmer 230 can be 1000 , can be 1200 , can be 1500. Sky is the limit. Apply with full force and don't sell on listing. Keep holding could be the strategy.

@gjy .... you mean govt forcing fund house , Lic.. to buy adani group shares enabling adani to become among world top 10 wealthy and may included in nifty50 too....???

@navdeep and everyone: Regarding funds allocation, it all depends on final subscription of HNI/shareholder quota since allotment is proportionate.
One thing is sure that everyone should apply in retail category 1 lot from each different PAN account. Then remaining amount distribution for shareholder category application can be done as per assumed subscription in shareholder or HNI quota. Let the ipo be open, then approx subscription can be discussed, many including @eagleeye may post approx subscription figures in both hni and shareholder category, based on that, amount distribution can be done.

Just taking older example, in sbi cards ipo, shareholder quota was around 978 crores and it was subscribed around 23 times in shareholder category (means whoever applied for more than 23 lots in shareholder category were guaranteed allotted 1 lot, whoever applied below 23 lots were allotted via lottery and whoever applied above 23 lots were allotted proportionate).
HNI quota in sbi cards was around 1385 crore and it was subscribed around 43 times. In adani wilmar ipo, shareholder quota is 360 crores and HNI quota is 470 crore. So some hint can be taken from above example.

Final Subscription depends on many factors like gmp/market conditions/demand/awareness/new shareholders accounts just for ipo etc etc.
Allotment in HNI/shareholder category will be proportionate mode, same as informed about allotment process, in below post :
https://www.chittorgarh.com/article/hni-ipo-application-guide-nii-allotment-benefits/532/

35 lakh application s...5 times application wise

Total issue size: 3600 crore
Employee quota: 107 cr , Shareholder quota: 360 cr , Net issue: 3133 cr
Retail quota: 35% of net issue: 1096.55 crore means approx 7.33 lakh application form (lot wise)
So i think it should be subscribed approx 4.5 to 5.5 times overall in retail category, as per no other ipo during that time and its gmp.

To all senior member
shareholder quota kitne time subscribe ho sakta hai any idea??

Thanks in advance.

CURRENT GMP AWL. 55----60

@ashok: Once IPO will open, then through any bank ASBA mode, you can apply in employee category. It will have some option to apply for employee category also. Employees can apply upto 5 lakh amount but they should not bid using UPI mode (as mentioned in RHP) so apply from bank ASBA only.
Employees can also apply (means from same PAN) in other categories as mentioned by me in point 1 OR point 2 in below post, in addition to employee category.
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1173&c=491211&ap=0

Thanks lokes for reply, I have one more query, how registrar come to know I am eligible employee or not?

Is there any lockin period for employee quota?

@ashok: There is no lock-in period for employees, they can sell after listing. Only for anchor investor, lock-in period is there for 30 days. Regarding eligible employee, mostly using PAN number only, they will check/match from employee database i think. Below is mentioned in RHP for eligible employees:

Permanent employees, working in India, of our Company or our Promoters or Subsidiaries and a Director of our Company, whether whole time or not, as on the date of filing of this Red Herring Prospectus with the RoC, who is eligible to apply under the Employee Reservation Portion under applicable law, but not including Directors who either themselves or through their relatives or through any body corporate, directly or indirectly, hold more than 10% of the outstanding Equity Shares of our Company.

@Ashok raj
Your company give data base .
When you apply in employee category , computer check the data base