Anand Rathi Wealth Limited IPO Message Board (Page 8)

Apply or not.?

Seller 48

@lokes,
Though u have indicated that u would be applying in hni or retail,r u really applying in this issue,mera nan to nahin kar raha hain lekin still asking for guidance,gmp may vanish till listing,
Thanks

@KDKing- Very info brother. How Pan number I can apply for minor? Can I apply IPO for Minor and my self same time?

Open minor ac in Prostock
Usme direct sale kar sakte he

@Raj Bhartiya, It''s not like that. I am using my daughter''s minor demat in prostocks account for more than 2 years. I am buying and selling in the account for 2 years. There is no issue at all. But once she reach 18, this account will be freezed. I have to close the account and apply for a new major demat account. Thats the only issue. Otherwise you can use the minor''s demat account for transactions (buying and selling).

@CSK, First apply for PAN number in NSDL website. Then open a minor''s bank account in any bank (i have account in ICICI Youngstar account). Then apply for the Demat account using the PAN and Bank account (I am using Prostock, which is the only leading broker providing minor''s account without any hastle.). Then do the transactions in that account. But remember, for income tax filing, either the father or mother needs to add the P&L of minor transactions in to their income and file it in IT department.

Anand Rathi IPO

Remember once members/brokers used to govern stock exchanges.

Anand Rathi had done scam in colgate scrip when he was President of BSE.
After that SEBI imposed rule, than no broker can be director / govern stock exchange.

He collected internal data (using his position as president) of scrip COLGATE depth (Market picture or F5) and he found out that there are huge quantity available at selling stop loss.
He put buy order at same low price and sold such quantity so that it will trigger stop loss. And he took undue advantage of his position as President of BSE.
That time stock market was not having such volume so he gathered data and did this misused for personal gain.


Now you can apply in his company''s IPO after considering his past and future, and his intentions (neeyat)

All the Best/ Be Safe / Take calculated decisions .

@ SAJAL SHETH

That must make investors respect them even more. Like the way people loved and respected Robin Hood during his infamous days. They robbed the wealth hidden deep inside the deepest abyss of the exchanges run by the wealthy. Why? Only to make the poor customers who entrusted their wealth to them, rich.

Apply with ''FOOL'' force.

NII 25X, and Employee 113%

Something is cooking for sure !!! either retailers will get a GooD meal, or retailers will Burn their fingers.

After today subscription GMP will blast to 200+ good news is that many are avoiding hope this time profit making will allot to me finally.

True

Ab sab ko double price listing gain dikh raha he isliye chhote listing gain me nhi bhar rahe he kyunki paise black ho jayege bharege to

I have pan card and aadhaar card for my minor kid. I want to know which bank allows netbanking access to apply for IPO for minor and which DP allows to buy / sell shares for minor

Minor demat + bank account perfect combination 👇
If minor 10+ years old
Bank account: SBI pehli UDAAN (ATM + NetBanking Facility) you can apply ipo using UPI OR NetBanking ASBA.
2nd option Axis Bank.

IF Minor below 10 years old
DO NOT OPEN SBI PEHLA KADAM ACCOUNT ITS NO USE. Axis icici are also of no us if minor below 10 years.

open Minor account with yesbank with UG parent account. From yesbank NetBanking asba you can apply for IPO with blocking funds directly from minor account.

Demat + Trading account with PROSTOCKS,
DO NOT WASTE TIME WITH ANY OTHERS BROKER FOR MINOR DEMAT ACCOUNT.

Axis Bank provides NetBanking in minor account

As per my feeling, this should run positively in future. Because if Own Script not able to give return then who will take their PMS service? So, First Company should create Wealth for own Share Holder then someone have put trust on their service.

No one is talking about how employee quota is still at 69% on last day.
This is enough to skip this IPO

Apply only for small listing gain.

I will apply 30 lot.

I will apply 10 account

Reason??

@chalak owls My opinion apply

Still not sure to apply in this. The GMP also isnt trustworthy here. Look at what happened to Tarsons..... NII 180x, Retail 10x, Even QIB 100+x. GMP all through remained between 25-35%. N now in one week after listing its flirting with discount to IPO Price. AR GMP hasnt risen n infact sellers probably more active now. Whatever subs it has seen till now could well be by AR itself making its clients subcribe to the issue. If its listings hits the bear hurdle, could well end up in discount listing. Guess will hae to wait Monday till 2.30PM to decide whether to jump in or not or will wait for expert opinions here to decide. Rategain and probably MapmyIndia also in picture to affect the decision.

@Ram Kumar
Sir,
The calculations are correct. But you have to see that in context to the post. Plz do not generalise it. Every IPO will have different parameters as all of them have different set of numbers and will have different results.
In the context of latent, para you have cited cannot be seen in isolation. The only conclusion is that the higher no of lots you apply in HNI, the better chances you will have for confirmed allotment (as known to everyone), so the ones applying for more than 20 lots will certainly have better chances than those applying for 14 lots and so on. This is what I have highlighted in the post.
I will explain the calculations. In Latent IPO there 4310 HNI applicants out of total 19425 were alloted shares (overall ratio of 1:4.5).
Now there were 7238 applicants for 14-20 lots out of which only 125 were alloted shares. If u deduct these applicants from the total then the ratio of HNI allotees: HNI applicants becomes 4185:12187 i.e ~1:3. This doesnt mean that if you had applied for 21 lots the ratio would be 1:3. Certainly not. As is well known ratio increases gradually so in Latent we see the ratio for those applying for 69 lots was 1:15, for 70 lots applicants it was 1:12 n so on.
The other imp point was that in issues where there is 10% Retail quota like latent, applying in any HNI quota (even 14 lots) is usually better than in applying in retail. But in highly oversubscribed issues where there is 35% retail quota (Like Tarsons or even Tega), applying in retail has much better chances than in applying for lower HNI lots 14-20 or even higher. Eg. Tarsons retail ratio was 1:7.5 while for those applying for 20 HNI lots the ratio was 1:9. So in such issues as Tega, if you are applying for HNI quota then better apply for >20 lots or for even higher lots. If you cant then better apply for just 1 lot in retail that is expected to have better chances of allotment.
Moreover always make your own calculations and find out what works best for you in each issue.
Hope this clarifies.
Cheers

@ObserverEye
Thank you so much for explaining in detail. Now i understood the context.
It is more beneficial to apply in HNI category in ipos like sigachi. It is better to apply in HNI if retail is 10% for better allocation chances as you explained.

Not applying. Going long in motilalofs instead.

For those interested in applying, apply only if qib crosses 50x. This stock does not look like a candidate for listing gains, except in a case it gets high subscription.

Ar gmp 75

Anand Rathi premium 50

Lomdi ... premium +-5% lag reha hian.
Kaya kehna hain aapka.

Going in with 5-6 applications in retail depending on final subs.
.2 applications via asba @1.30 pm ..
.4 via upi @4.30 pm..
Final call

ये वाला राठी साब का 50-50 वाला आफर हैं, ठीक ठाक चलेगा। मार्किट की कंडीशन पे ज्यादा निर्भर हैं। GMP पर ज्यादा भरोसा ना करे। लोगो के पैसों का हेरफेर का धंधा है राठी साब का, डायमंड की खान लेके नही बैठे हैं। अपना विवेक प्रयोग करो। बाम साब की सलाह हैं, माननी है तो मानो।

💪💰 Health & Wealth IPOs can be injurious to both health and wealth
💪💰 Wealth IPO after Health IPO
💪💰 Star Health and now AR Wealth

This ipo can be avoided ...

@Eklavya

Lol.

@Eklayva

Spot on.. 👌👌
Bahot achche...

Mendate accepted in 1 retail application, pending 2 retail application. Will decide tomorrow either accept or decline.