Bectors HNI was oversubscribed 620+ times so anyone who applied above 620 lots got confirm allotment rest it is based on lottery which is very difficult then retail lottery.
It is very difficult to get allotment in oversubscribed IPOs in HNI category. It is easier to get allotment in retail category so always apply through multiple retail applications in oversubscribed IPOs and never apply through HNI category.
Many of the experienced boarders including me have been advising this since last many IPOs including Bectors.
600.2. P Patel| Link| Bookmark|
December 31, 2020 5:16:17 PM
IPO Mentor (900+ Posts, 900+ Likes)
Applying in HNI doesn''t guarantee for allotment... It increase chance of allotment based on higher money you applied for.... again it needs calculations based on estimated possible subscription in both HNI and Retail and total amount you are planning to apply for...
One stock which i think is now available at 25% is issue price few years back it has come with IPO price of Rs 186. standalone it making a NP 75 cr approx however consolidated the profit drop to 25 CR. presently its there subsidiary is in red however management says all will black in coming years and equally contribute to bottom line so if this happens company will report a profit 150 crs. which will give it a eps of 15. if this happened the price will be more the IPO price giving minimum of 4 baggers. any guess which stock i am referring to
How one can forget that sir , its "PRECISION CAMSHAFTS" , i am averaging it and holding it till now ... ave cost 105 rs ... hope it will recover ... a rare stock where your prediction went wrong ...
Thatis reason i think now is available at considerable low value. what real went wrong was the subsidiary had a negative effect on the company. i hope i am right this time anyway pls do your own research
market cap now is only 450 crs zero debt and big cash available in the book the three subsidiary are already EBIAT positive which is very good sign let see i years time what return it gives from Rs 46
It''s a Clear Avoid as of now looking at the Holding Pattern of Last 2 Years. Smart Money is Taking Exit
599.9. CSK| Link| Bookmark|
December 31, 2020 3:13:41 PM
Top Contributor (300+ Posts, 500 Likes)
Sir, So many Shares available in Fair range. PRECAM Burned the fingers and still, people hurting due to Hard earned money went to Vein. Please don''t Support or advocate this kind of Shares. I remember you have invested very big money in the that stock. Till now I never seen anyone talk about this, it is Purely operator driven one. Sorry, sir, I don''t agree..
Hopefully your calculation comes true this time septa sir...
599.11. P Patel| Link| Bookmark|
December 31, 2020 5:10:47 PM
IPO Mentor (900+ Posts, 900+ Likes)
@CSK - Similar case is of Sterling and Wilson, where in Investors have burnt their fingers and hard earned money... Ideally one should keep away from such scripts
It is very difficult to get allotment in oversubscribed IPOs in HNI category. It is easier to get allotment in retail category so always apply through multiple retail applications in oversubscribed IPOs and never apply through HNI category.
Thank you very much for your response Johny ! I get and totally agree with your point about Retail category v/s HNI. But my question pertains to those rare cases where it might make sense to apply in HNI.
In order to avoid confusion (vis-a-vis Multiple applications) I will just elaborate my question
This question is NOT about multiple applications of one Individual / PAN This is just ONE IPO Application for say 10 Lacs, where 5 lacs are sourced from my SBI and 5 lacs from my HDFC. This IPO application is submitted using ASBA. As it is just ONE application, so there is no basis for rejection.
Q.1) First and foremost, is it even possible ? Q.2) If it is possible and if you are allotted 1 lac of stocks then how will they source funds from. Will they take it from any one bank account or will they split the amount 50-50 across both the accounts?
597.3. Paymzia| Link| Bookmark|
December 31, 2020 3:56:18 PM
IPO Guru (2400+ Posts, 4500+ Likes)
@Nexus. Johny clearly said. 10 lac or 100 cr does not matter you can apply only from one bank , not split amount and apply with one banks .if you split amount and apply then automatically rejected.
Hi Paymzia , thanks for your reply. I got mail from CDSL that share is credited to my account. Date of share credit is also mentioned 31 at everywhere . So will I get the share tomorrow or something is wrong
same issue with me. shares are not yet credited in my account even though i received mail yesterday shares are alloted. got mail from broker that shares will showup on Jan 1st. the query i am having here is shares will be credited on Jan 1st before the listing happens or not. otherwise will loose listing gains opportunity. Please some one reply
595.4. Paymzia| Link| Bookmark|
December 31, 2020 2:22:19 PM
IPO Guru (2400+ Posts, 4500+ Likes)
Hi new guys Why are you hurry and worry already told you , those will be credit into your account tomorrow morning you check .
@Souparna Sarkar @BalaTati - shares get credited in depository accounts (CDSL/NSDL) 1-2 days prior to listing but don''t get reflected in trading account till listing. Anthony shares have been credited in depository accounts but will be visible in trading account tomorrow morning.
@All expert please advice Is it mandatory that PAN name and Bank account Name should same?Mean to say that what if First name is Second and the Second is First?
587.1. P Patel| Link| Bookmark|
December 31, 2020 10:01:31 AM
IPO Mentor (900+ Posts, 900+ Likes)
Nope - Its not required.... You can even apply with your PAN -> Demat Account with someone others Bank account as well... Some banks allows this. example SBI allows to apply upto 5 different PAN -> Demat accounts
587.2. All Time High| Link| Bookmark|
December 31, 2020 11:16:59 AM
Top Contributor (200+ Posts, 100+ Likes)
No...you can apply through ASBA with third party bank account! (Yes.... the ABC bank is a 3rd party bank as long as it is not mapped with your Demat Account!). But it''s not allowed in UPI mode. The Demat account no, PAN no, Bank account no and the name of First Account holder of this Bank account all should be mapped together here!
587.3. jigi| Link| Bookmark|
December 31, 2020 11:39:24 AM
Top Contributor (400+ Posts, 100+ Likes)
Union Bank also allow 5 IPO application right?
586. P Patel| Link| Bookmark|
December 31, 2020 11:17:08 AM
IPO Mentor (900+ Posts, 900+ Likes)
GOOD BYE 2020.... It was great year for IPOs.... Hope same will continue in 2021 as well...
Same category company''s IPO was came on 10th December 2010 name A2Z INFRA with issue price of Rs 410 and now today traded Rs 4 only.... you understand what I say.....
For the company, you have mentioned the bid was 0.96x which is less than 1, but for Anthony, it is @ 15x so don''t compare both these companies. This is one of its kind no other company listed similar to Anthony till now on the Indian stock exchange.
I got a mail that shares are credited to dmat account. but when checked in app there are no holdings in my trading(brokers) app. can some one please reply if shares are credited and showing up.