Lot of negativity for the company in the forum...agree on the expensive valuations totally... But how come gmp is rising everyday? I hope these gmps are not fake ones promoted by company to hype the issue!
Suranaji kindly explain in simple way AS PER RHP PAGE NUMBER 300
Bidders bidding in the Holding Company Eligible Shareholders Reservation can also Bid under the Net Offer and such Bids will not be treated as multiple Bids subject to applicable limits. To clarify, a Holding Company Eligible Shareholders Bidding in the Holding Company Eligible Shareholders Reservation Portion above ₹200,000 can Bid in the Net Offer for up to ₹200,000, otherwise such Bids will be treated as multiple Bids and both the Bids will be cancelled. If Holding Company Eligible Shareholders are Bidding in the Holding Company Eligible Shareholders Reservation Portion up to ₹200,000, application by such Holding Company Eligible Shareholder in Retail Portion or Non- Institutional Portion, shall not be treated as multiple Bids. Therefore, SAT Shareholders bidding in the Holding Company Eligible Shareholders Reservation Portion (subject to the Bid Amount being up to ₹200,000) can also Bid under the Net Offer and such Bids will not be treated as multiple Bids.
Bidders bidding in the Holding Company Eligible Shareholders Reservation can also Bid under the Net Offer and such Bids will not be treated as multiple Bids subject to applicable limits. To clarify, a Holding Company Eligible Shareholders Bidding in the Holding Company Eligible Shareholders Reservation Portion above ₹200,000 can Bid in the Net Offer for up to ₹200,000, otherwise such Bids will be treated as multiple Bids and both the Bids will be cancelled. If Holding Company Eligible Shareholders are Bidding in the Holding Company Eligible Shareholders Reservation Portion up to ₹200,000, application by such Holding Company Eligible Shareholder in Retail Portion or Non- Institutional Portion, shall not be treated as multiple Bids. Therefore, SAT Shareholders bidding in the Holding Company Eligible Shareholders Reservation Portion (subject to the Bid Amount being up to ₹200,000) can also Bid under the Net Offer and such Bids will not be treated as multiple Bids.
Senior members are requested to explain the above in simple language
Though I'm not senior member in either age or knowledge but this is what I understood
Sh + Retail (In this case you can apply more than 2 lakh in Sh quota) Sh + S HNI ( In this you have to apply less than 2 in sh quota else both will be reject) Sh + B HNI ( same as the shni case)
Sh quota 10% Allotment will be in proportional in sh quota.
@Jai I am also thinking same as you think. But having some doubts.Its allow for retail category to apply 2 lac + in shareholder quota And for hni category it allows to apply less than 2 lacs. We need more clarity in this regards I think experts are not interested to discuss this point even admin also not interested. I don't know why they are not interested?
You may apply for Share holders quota more than 2 lacs, but then you are not eligible to apply as Shni or Bhni in remaining quotas. Then you are eligible to apply below 2 lacs. If you apply for S H. quota below 2lacs then you are eligible to apply as Shni or Bhni in remaining quota.
I purchased 1 sat industries share on 10 August, it credited on my demate on 11 August. I sold it on 11 August , it debited from my demat on 14 August. As on 11 August share is present in my demat , am I eligible for shareholders quota?
Dear Admin Its a humble request to provide details of shareholder quota. 1)If anyone applying in SHNI QUOTA then how much share can he apply in SHAREHOLDER QUOTA"
The maximum Bid Amount under the Shareholder Reservation Portion by an Holding Company Eligible Shareholder Reservation shall not exceed the ₹200,000 (as per RHP)
The portion of the Offer being up to 500,000 Equity Shares of face value ₹2/- each available for allocation to Holding Company Eligible Shareholder Reservation on a proportionate basis. (as per RHP)
Please note that all shareholders of Sat Industries Limited whose name is appearing in the BENPOS of Sat Industries Limited on August 11, 2023 are eligible for applying under the 'Holding Company Eligible Shareholders Reservation Portio
Hello expert can you please help me i have apply Concord IPO and amount is credit in bank account that time i was transfer that amount in my another account and i was checked next day on website that time allotted again i was transfer IPO amount in demat link and account and i have checked auto payment in phonepe there show payment failed next auto payment 24 Aug but i have revive message from CDSL credit share. My query is when debit again and allotted share is credit in my demat account? or do any problem on listing day?
Hello friends, I am new in stock market. I want to learn how you guys judges about ipo and company, how you read and predict the company profile. Any book or article, please share Regards
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@Hope is life Sorry out of turn topic. Are you still holding Spectrum. I respect your opinion a lot. Earlier you had suggested 125 as the low or a base for the short term. Its very near to that low suggested. Fundamentals are all good in this stock , however the stock does not seem to performs. I thinks markets knows better. Your thoughts on the same .
@IPO KEEDA sir in BOB how u activated it? what is the benefits nd
please review nd explain it?
59.8. G profit| Link| Bookmark|
August 16, 2023 11:05:29 PM
IPO Mentor (1200+ Posts, 300+ Likes)
Better way is some other banks like IDFC first bank which give 7% interest for balalnce of above 10 lakhs balance.
59.9. Anshujii| Link| Bookmark|
August 16, 2023 11:22:33 PM
Top Contributor (700+ Posts, 100+ Likes)
Best is to use Yes Bank sweep in fd.. current interest rate is 7.5% for 12 months on entire amount unlike idfc where you get slab based interest rates like - On Balances (in ₹)
@IPO KEEDA Are u using Linked FD in Bank of baroda for IPO ? If it so tell when u apply IPO FD remains intact or It Breaks to create Lien for IPO amount ? Please share I also wants to open one account . thanks..
@Tanishq bainara Thanks for reply. 1- have you applied IPO via Flexi FD ? 2- can we increase tenure for Flexi fd for say 1 Year or it will be fixed for 181 day ?
59.13. Basuvr| Link| Bookmark|
August 22, 2023 8:12:43 PM
IPO Guru (2000+ Posts, 1100+ Likes)
@Hope is life Link your FD with your saving account and apply IPO through ASBA. Incase you have less fund in saving account, FD will break only if you get allotment.
Allotment to NIBs Bids received from NIBs at or above the Offer Price may be grouped together to determine the total demand under this category. The Allotment to all successful NIBs may be made at or above the Offer Price. If the aggregate demand in this category is less than or equal to the Non-Institutional Category at or above the Offer Price, full Allotment may be made to NIBs to the extent of their demand. In case the aggregate demand in this category is greater than the Non-Institutional Category at or above the Offer Price, Allotment may be made on a proportionate basis up to a minimum of the Non-Institutional Category.
In above case what does it means "at or above the offer price" NIBs can apply above offer price? I think there is some mistake
Seniors pls comment on this .
58.1. UjwalG| Link| Bookmark|
August 15, 2023 9:23:51 PM
IPO Guru (1300+ Posts, 600+ Likes)
This is shareholder category i beleive. In SH quota the allotment is proportionate basis, hence the above note