I have appx. 6 lakhs. Please let me know if it''s useful to apply through HNI to get proportionate allotment or shall I apply for 1 lot through retail category. I have only only PAN so can''t apply for multiple retail applications.
377.1. PSR| Link| Bookmark|
July 21, 2016 2:25:52 PM
IPO Guru (1200+ Posts, 700+ Likes)
Is it better to apply for 1 lot or 10 lot during IPO? I have been applying 1, 5 or 10 lots in last few IPOs and have not got any allocation all the time.
Now SEBI has changed the rules for IPO allotment. Initially it was Proportionate allotment, more you put money - more shares were allotted to you. But to increase the Retail investors participation SEBI has changed the rules. Now every retail investor has equal chance of getting minimum allotment. ie For example if there are 110 shares and 100 applicants so first each applicant will get minimum 1 share. So if you want to get more number of allotments then dont aapply in bulk(it will just lock your money). Instead apply through different DMAT A/c''s by and making bids of 4-5 lots in each bid. This will increase your chances of getting allotment with better utilization of your money.
375.2. Venkatram| Link| Bookmark|
July 21, 2016 1:59:08 PM
Top Contributor (300+ Posts, 100+ Likes)
Or if you want a greater shot in 1 account apply as NII with money greater than Rs. 200000/- then it will be proportional allotment. But do note that the pie for NII in this issue is just 15% against 35% for Retail
You are right Septa. There has been substantial Intraday jump today and likely a little more. Possible leak of some profit figures. A meeting of the Board of Directors of Thyrocare Technologies Ltd will be held on July 22, 2016, to consider and approve unaudited Stand-alone financial results of the Company for the quarter ended June 30, 2016.
The Company also will be submitting the unaudited Consolidated financial results of the Company and its subsidiary for the above quarter.
Further, pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations 2015, the trading window of the Company will remain closed for trading in Company''s equity shares for Directors / Designated Employees from July 18, 2016 to July 25, 2016 (both days inclusive).
Guys, I don''t think there is any leakage of insider info...It''s a rally in expectation of good results tomorrow. I''ve seen such rallies a day or two before the results in almost all my portfolio stocks.
I''ve bulked up at around 540/-. Let''s see if TTL delivers tomorrow.
Full year, FY17, guidance is for 30% increase in top-line along with stable margins. So, topline growth should trickle down unabated. However, a 20% increase in bottom-line in q2 & q3 should be enough to help the stock retrench it''s listing price by Oct.
need an suggestion i have been applying ipo for last 2 months . i have only got equity holding alloted . i want to apply for advanced Enzyme . is better applying ipo as hni category or retal category . ? i have 2.20 lakh please suggest . Thanks in advance
370.1. PSR| Link| Bookmark|
July 21, 2016 12:25:31 PM
IPO Guru (1200+ Posts, 700+ Likes)
Rs. 2.2 lakhs is very small amount for HNI category.
368. Septa| Link| Bookmark|
July 21, 2016 11:54:05 AM
(4000+ Posts, 4600+ Likes)
KEI Industries reported its net profit to Rs.16.9 crore in the quarter ended June 2016 as against net profit of Rs.11.7 crore during the previous quarter ended June 2015. The company''s sales increased 8.2% to Rs.556.9 crore in the quarter ended June 2016 as against Rs.514.5 crore during the previous quarter ended June 2015. IMO we could see new 52 week high given company has many EPC order with government spending big on rural electrification....
Present MC is around 950 Cr Approx giving a PE of 15 with industry PE of 19.... management is expecting 20% CARG which make this counter good pick even at 124..... I had mention in this forum KEI projects when it below 90 so good 35% jump in few months i am expecting it see good up tick once EPC payment comes
Moderators please dont play out saas bahu saga on this forum. Eagle eye is a gem. You must apologies publicly. I miss her so much i have stopped eating. I am on fast untill death unless i see her post again on this forum. Either bring her back or have my blood on your hand. Come back eagle eye.
@mahul Mehta tujse koi Teri opinion puchta nobody ask you anything in this board,and nobody interested in your post so please...... Shut up your mouth or create another Id with different name. Tera name dekhte hi post ko bina read kare hi dimag kharab ho jata Hai
This forum is meant for positive approach so everyone must help each other by his works. Very literate people are available on this platform to place their valuable opinions. Mdm Eagleeye - you are requested to return. Other genuine experts are also requested to continue with valuable advices. Thanks