Good morning. Kindly clear my doubt. In SME IPOS if for example if hni category is sub 10× and i apply 5 lots will i get confirm allotment and if yes then how much. Thanks
47.1. Trueinfo| Link| Bookmark|
August 29, 2022 12:26:13 PM
IPO Guru (1800+ Posts, 1700+ Likes)
If hni category is subscribed 10× and you apply 10 lots, then you will get confirm allotment. In 5 lots, you will be clubbed with others, and their will be lottery system to allot to 50% of applicants.
@Kanwarjit... Allotment chance in HNI = Your applied lot / final HNI subscription = 5/10 in this case = 50%
50% allotment chance means every 1 out of 2 applicant will get 1 lot lot. If 10 people have applied for 5 lots, out of 10, 5 people will get 1 lot in lottery.
47.6. Trueinfo| Link| Bookmark|
August 29, 2022 4:09:42 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@ Gaurav, tomorrow HNI will pick up and probably overtake retail.
Subscription Is Very High In Main IPO 40 To 50 Times To Get One Lot You Need 5 - 6 Lakhs. And If You In Lottery System Better Try Your Luck In SME IpO. If You Are Lucky You Make Good Profit.
EXAMPLE - Main IPO 40 X 14500 = 580000/- To Get One Lot. SME Apply 5 Lots With Different Pan. If Allotted Then Jackpot
@iForIPO In my opinion, possibility of allotment is our luck. In place of applying 40×14600 in retail, apply in sHNI 4×208000. To manage 40 applications is very difficult also. Applying in 5 applications in heavily subscribed SME, it is very difficult to get an allotment. All applying subject to availability of funds. When luck favors, allotment is not a problem. Decision is individual. Enjoy investing !!!!
39. ipo share| Link| Bookmark|
August 28, 2022 1:27:50 PM
IPO Guru (1500+ Posts, 700+ Likes)
How 50% qota will be divided between SHNI & BHNI? Please clarify shares available for two HNI categories. Thanks 🙏
Small HNI and Big HNI will be applicable in Main board ipo like dreamfolks, Syrma Tamilnad Mercantile Bank etc. In SME ipo there is no division of small HNI and big HNI. Allotment will be on a proportionate basis in SME IPO.
@IPO CALLING u from? I want to sell my application. All What is the application rate and subject rate? Any one from Bharuch or near it for gray market ?
Always apply IPO through ASBA as money will be in your account and you will fetch interest.
For that matter, even in UPI money will be blocked in your account and you will get interest.
36.2. K.Atar| Link| Bookmark|
August 26, 2022 9:16:47 PM
IPO Guru (1000+ Posts, 700+ Likes)
ASBA application mode is preferred among applicant due to faster release of funds. UPI sometimes takes time to release, also sometimes it stretches upto mandate expiry date. UPI is convenient that you can accept the mandate later within expiry date/time, if you need more time to make a decision.
@Sunil Patil, As long as money is blocked in your bank, banks will pay interest for the blocked amount. This is RBI rule and all banks has to adhere to this rule.
@SuneelP Sir.. You are correct. I clarified from my bank and they confirmed what you mentioned. I will get interest even if money is blocked till the time it is debited due to allotment. Thanks..
I will avoid this at all costs from medium to long-term perspective. Operating Margin has come down to 10.24%. Employee Benefit expenses are huge & are rising too. Management Compensation is steep IMO. Capex is only for a Solar System & not capacity expansion. Capacity Utilization is high too though given in Hours, which I didn't understand much. Also, I never believe the subscription data as I saw some with 100X subscription listing at par & some with 20-30X listing at good premium. . You must run a little to be in the same place because your costs will be rising but this company looks like on the back gear.