Just want to share a logic only (Retail category)- If any ipo subcribed lets say 4x and i am going to apply from 1 id 5 lot then i will be getting 1 confirm in this case.(I tried this trick 3 times its works but at premier ipo its not work as subcription was 7.5x and i have applied 9 lot in one so i thought i will be geting atleast 1 lot sure shot but i didnt ) any one have try this trick.
@AjAlpha In mainboard oversubscribed IPOs allotment is by lottery not on proportionate basis. Ratio of allotment for one lot or 5 or 9 lots is the same..
Ye kya daily ka UPI mandate me issue araha hai? What is happening.😡😡😡😡 Anybody facing similar issues?
75.1. CJ ROCKS| Link| Bookmark|
September 3, 2024 1:08:58 PM
IPO Mentor (800+ Posts, 500+ Likes)
@Indranil Yes sir it is very annoying that UPI has become headache 😡for the IPO investor whether it is BHIM UPI or G pay,Paytm . Mandates are coming late by 1-2 hours. So prefer ASBA👍 instead of UPI.
@Chhote Lal How can I confirm it though? By applying? Like if it is right will it be accepted? or will pop up a message? How can I know that it was successful. By applying to IPOs? and see?
Something's definitely cooking, just look at the employee quota subscription numbers afterall employees know more about the company than any investor be it anchor, HNI or retail. Even though the gmp seems low i think it could perform after listing. Also it could be a plus point or no i don't know but this company is backed by late Rakesh Jhunjhunwala but they're selling part stake in OFS. Overall this could be interesting IPO overall, let's see how it does.
Emp quota is barely Rs 1.1 Cr, that is like 10 bhni applications or 20-odd applications of Rs 5 lac. Can be easily managed. Moreover, they have a discount of 9%. That's a comfortable cushion. Their loss begins only below 354.
Hello Respected Seniors, Can you please suggest if there are issues with KYC for demat accounts and if we apply for IPOs would it allow to apply for IPO or it allows and it would show "Non-Allotee" later when results are declared. Can you suggest if technical rejections are also termed as "Non-allotees" . If so how can we ensure that our demat account KYCs are okay or if there are any other reasons we can get technically rejected ?
Practically my personal opinion is too avoid. GMP is 15%, Reason is listing on Friday and kuch uper niche hua to gmp will wipe out and chance of flat listing.
Avoid this ipo as before IPO promoters having 55% of folding and the maximum part of the IPO is ofs secondary see the financial conditions there is a huge difference between revenue and net income and even in the business the clothing business is a very huge criteria and now many big players and other small players are also taking good actions in this field
concentrate on other work or enjoy your life don't waste time by rechecking the website if ipo allotment is available on the website. I have automated that feature of checking if allotment is available on website and i get intimated asap. If anyone wants that feature message me
I am from Kolkata Previously when this was launched people often visit for shopping but nowadays there are some other players like pantaloons, trends, trent, zudio and bazar Kolkata competition is very high And sustaining here in Kolkata is getting tough Here in Kolkata Middle class people do their shopping maximum time from pantaloons
Isme normel retailers subscribe nhi karne wale jisne profit banaya he wo hi risk lenge varna avoid karege abhi wapas gmp up kara rahe he to jyada retailers bhare ipo isliye
@MuStrFc Is this a safe bet for listing gains ? The GMP is decent enough right now, but whether it sustains or not is another question. QIB numbers might make things a bit clearer. Any views are welcome.
60.1. MuStrFc| Link| Bookmark|
September 2, 2024 10:11:46 PM
IPO Guru (3000+ Posts, 2400+ Likes)
Not a pure listing candidate, since the pricing has not left much. But does not look like a discount candidate as well.
Okayish to decent for listing ~ 20-25% and more emphasis on long term.
This has stores where no body has, like in remote north Bengal to south Bengal suburbs. But the buying power is also very less so does the pricing power in those areas. It is poor man's zudio. Assuming good sales in puja and coming quarter it can be looked for listing gains
You need to access Kotak bank portal for applying in IPO through ASBA. DP name is ZERODHA Demat id is your 16 digit account number, you can get this from profile in Zerodha kite or web portal.
WHILE ADDING BENEFICIARY IT ASKS SO. BUT SEEING ONLY CLIENT ID = TRADING ID WHICH IS OF 6 DIGIT.
@NCIndia While registering for ASBA in Kotak, kindly default it comes as Kotak Securities which deals in NSDL where 6 digit ID is required. However, your DP is Zerodha which deals with CDSL and not with NSDL. Hence, you need to select CDSL there after that it will accept 16 digit demat account. Try it and confirm the result 👍