Aeroflex Industries Limited IPO Message Board (Page 24)

​@Palka Balaji Speciality Chemicals IPO---> Parent company - Balaji Amines

Which is parent company of jsw infrastructure? It filed drhp few weeks ago. Although there is no mention of shareholder quota in drhp

Yes, 100+x is very much possible in this ipo.

There were total 50k+ applications for BHNI category in Natweb.
For this ipo, the number of successful applicants in BHNI category is 1686 only..
But here, BHNI apply for 9360 shares and if successful, get SHNI lot of 1820 shares only..

Which means, if we assume Natweb like subscription here, the BHNI goes upto 150x.. However, considering the clashing of this IPO with VPRPL and other SME ipo, 100x is looking more realistic.

@chhattisgarh I don’t think netweb crossed 50k BHNI applications. SBFC was the first IPO to cross that benchmark (~54K apps).
💯+ definitely looks GAME ON here 😅

do you mean 50 k bhni apps or 50 x bhni quota ?
if total apps are 50 k , wont 1686 allottments in BHNI make it 30 x for that category ?

A BHNI app in any main board is same - 10 lk , rt ?

​@TJSrockzz  the following is the extract from Natweb BOA. the number of applicants in BHNI category for Natweb was 50,118/-

SI..      CATEGORY NO      NO. OF APPLICATIONS RECEIVED      NO. OF EQUITY SHARES APPLIED      NO. OF EQUITY SHARES RESERVED AS PER PROSPECTUS      NO. OF TIMES SUBSCRIBED      AMOUNT (Rs.)
A      Retail Individual Bidders      20,67,939      8.63,68,050      44,10,350      19.59      43,18.67,12,430.00
B      Non-lnstitutional Bidders -More than 7 2 Lakhs UptoRs. 10 Lakhs      1,04,212      4.70,07.180      6,30,050      74 61      23,50,27,76,160.00
C      Non-lnstitutional Bidders -Above Rs. 10 Lakhs      50,118      11.21,57,070      12,60,100      89.01      56,07,79.40,490.00
D      Eligible Employees      22,142      10,54,170      20,000      52.71      50,07,28,770.00
E      Qualified Institutional Bidders (excluding Anchor Investors)      166      55,47,03,930      25,20,200      220.10      2,77,35,19,65,000.00
F      Anchor Investors      25      37,80,300      37.80,300      1.00      1.89.01.50.000.00
Total      22,44,602      80,50,70,700      1,26,21,000      63.79      4,02,51.02,72,850.00

@common man  I was talking 50k in terms of number of applications 90% of which apply the minimum in BHNI quota i.e. 67 lots in most ipos. BHNI application is 10L i.e. 67 lots but BHNI allotment is always 2L i.e 14 lots. So that's why number of successful allotments are 1686 instead of 350

@chhattisgarh Perfect !!! Thanks 🙏 for pointing it out.