174.1. Trueinfo| Link| Bookmark|
May 14, 2023 3:48:54 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@IpoZINDAHAI, It will depend on subscription. If HNI is more than 2× of retail, then 30 retail has better chance. And if HNI is less than 2× of retail, then 30 appls of 2 lots HNI will have better chance. If HNI=2× retail, equal chance.
The chances of hni > retail are more in sme ipo.so go with 29retail and 1 hni(with 31lots or max money you have).
174.4. SONMAYA| Link| Bookmark|
May 14, 2023 6:27:33 PM
IPO Guru (1300+ Posts, 500+ Likes)
See Last day subscription and then decide.not much return on Listing On Listing seller will be more. On other hand two Big SME IPOS ARE THERE..B PREPARED FOR THAT IPO....
174.5. IpoZINDAHAI| Link| Bookmark|
May 15, 2023 12:34:55 AM
Top Contributor (300+ Posts, 100+ Likes)
Thank you all for your suggestions. I am keeping buffer to apply for other IPOs also.
174.6. SamJos| Link| Bookmark|
May 15, 2023 4:26:00 AM
Top Contributor (500+ Posts, 100+ Likes)
@IpoZINDAHAI No need to keep buffer as funds will be released on last of Remus & Krishca Ipo, unless your bank is poor to release funds in time.
174.7. IpoZINDAHAI| Link| Bookmark|
May 15, 2023 11:25:17 AM
Top Contributor (300+ Posts, 100+ Likes)
Considering it is a new LM. Keeping buffer so that I don't miss out of Krishna. It's 19th is refund and last date of application for Krishna as well.
174.8. SamJos| Link| Bookmark|
May 15, 2023 12:41:09 PM
Top Contributor (500+ Posts, 100+ Likes)
Timely refund is not function of LM, it is managed by Registrar. And you may be right, as registrar Cameo has history of being late.
174.9. IpoZINDAHAI| Link| Bookmark|
May 15, 2023 4:10:04 PM
Top Contributor (300+ Posts, 100+ Likes)
Yes. I meant new LM and Cosmos being registrar..
Finally applied 20 retail.
For Krishna what would be the suggestion: 32 retail or 32 HNI of 2 lots or 6/7 HNI of 10 lots?
174.10. IpoZINDAHAI| Link| Bookmark|
May 18, 2023 11:07:01 PM
Top Contributor (300+ Posts, 100+ Likes)
We have given instructions on 18.05.2023 night itself to ICICI Bank, who is sponsor bank for unblocking of UPI funds. We are given to understand that there was a technical glitch at the bank, on account of which there is a delay in unblocking of funds. We are expecting that ICICI Bank will resolve the glitch for unblocking of funds today. Please be informed that as per the timeline, today is the last day for unblocking of funds and there is no delay. In case of any concerns, please write to us at cameo@cameoindia.com.
Please note that we have been finalising basis of allotment on T+3 (3rd day from issue closing) and giving instructions for unblocking/refund to banks on the same day itself, in all the IPOs that we had handled.
As per the timeline, 19th May was the day for unblocking of funds and VP cameo is commenting here on 20th May that today is the last day and that there is no delay. Still upi funds are blocked. Very good going Cameo by twisting the dates and throwing the whole onus on ICICI bank.
@Karam As mentioned already, we have given instructions to ICICI Bank who is the sponsor bank, well in time, ie., on 18.05.2023 night itself. Due to the technical glitch, they could not process full file on 19.05.2023. The due date for refund is 19th only and from our side we have completed the refund instructions to ASBA banks and UPI sponsor bank on 18th itself. FYKI pl
7 applications of 8 lots or 8 retail application??
Experts please suggest..
172.1. Pratham| Link| Bookmark|
May 15, 2023 12:23:19 AM
IPO Mentor (600+ Posts, 500+ Likes)
8 retail applications Means you would have probability of allotment say 8 out of 60 But you would be fighting with thousands of applicants for allotment. 7 application of 8 lots means at most probability of your allotment is 1/2 lots within say 300 applicants. So, 7 application of 8 lots is better according to me.
The allotment in HNI category will be on lottery basis or proportionate basis?? Knowledgeable persons, please, if you can explain in little detail. Thanks.
Same question has been asked in Krishca Strapping Solutions.
170.1. IpoZINDAHAI| Link| Bookmark|
May 14, 2023 2:51:55 PM
Top Contributor (300+ Posts, 100+ Likes)
I also have similar doubt. Retail 30 applications or HNI 30 applications of 2 lot each.. which has better chance.
170.2. Trueinfo| Link| Bookmark|
May 14, 2023 3:46:02 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@IpoZINDAHAI, To answer your query, It will depend on subscription. If HNI is more than 2× of retail, then 30 retail will have better chance. And if HNI is less than 2× of retail, then 30 appls of 2 lots HNI will have better chance. At exact HNI=2× retail, equal chance.
170.3. Imhilli| Link| Bookmark|
May 14, 2023 8:42:17 PM
IPO Guru (1200+ Posts, 700+ Likes)
I think the question is 30 RII vs 15HNI of 2 lots each. Mathematically the answer by @Trueinfo is perfect. But if you ask me, I will go for 30 RII.
@SamJos, You are correct. In Nexus, I have already said, not today but every day it's Mother's Day. Forget any thing but never forget Mother and Father.
Vinod bhai max kitna tak khul sakta he Approx? Agar 22k me sell kar de to 1 lac me list na ho bus , bhaot dena pad jayega isse achha na beche to aapka opinion kya he?
160. MAMU| Link| Bookmark|
May 13, 2023 11:58:46 AM
IPO Guru (1700+ Posts, 1100+ Likes)
GMP - 14-17 Subject 2 :- 17k
I sold my all applications at 21k sub2 yesterday and will apply ff monday 😂
155. SSingh| Link| Bookmark|
May 13, 2023 6:40:53 AM
IPO Guru (1400+ Posts, 800+ Likes)
I am ‘AVOIDING’ this IPO. This might open at high premium or go down on listing day, doesn’t matter and I don’t know. You can take a call after your own study. Cheers! 👍