Applied in 25 sme till now under retail category using 2 different accounts but did not get any allotment. Is it fair allotment in sme? Can some one help me in understanding my chance. Do they really allot or everything is fixed game? Please help thanks 🙏
Yes I think its fair as even I got 1 in insolation energy.
115.2. antarix| Link| Bookmark|
December 5, 2022 1:16:26 PM
IPO Guru (1100+ Posts, 700+ Likes)
I have applied in around 30+ SME IPOs so far (retail and HNI) from 2 accounts. Got allotment only once (Mega Flex). With the huge subscription SME IPOs are getting now a days, allotment chances are very miniscule.
Do we have to put applcation number to check status or pan card will do? because in my case it is saying no records found after filling all the details
@SSKumar It's too early to get allotment status. No doubt the company's name is there but result will only be there in the evening only. "HURRY MAKES WORRY, HURRY SPOILS CURRY" Now it is cooling time. Good luck for allotment to all.
105. abc xyz| Link| Bookmark|
December 5, 2022 8:01:10 AM
IPO Guru (1100+ Posts, 1100+ Likes)
Good morning!!! May today bring you the joys of yesterday’s hopes!”
@KRavi NRL announced 1:1 bonus (record date not yet) and moving to main board of both NSE and BSE. Though the last results are not good, I expect NRL to do very well in long-term, moving to main board is big positive for stock re-rating due to recycle theme.
@Safe Bet, Moving to main board is major milestone for any SME stock. (price normally would appreciate as per my understanding)
DJML - SME is the recent one about to move to main board (or already moved ?). Its current market price 190 after 1:1 bonus few months ago. means the price of 380 against the IPO issue price of 125.
NRL present price range is 290-310, after 1:1 bonus and moving to main board, in one year time I would expect price of around 200 at least.
Thanks
103.5. Safe Bet| Link| Bookmark|
December 3, 2022 11:47:42 PM
Top Contributor (500+ Posts, 100+ Likes)
@Mravi ji thank you for the inputs. I just the record date is not later for tax considerations. 🙏
103.6. Safe Bet| Link| Bookmark|
December 4, 2022 7:37:57 AM
Top Contributor (500+ Posts, 100+ Likes)
*I just hope the record date is late (after 23/12 )for tax considerations.
@JSK When people have unlimited funds and this forum has also given the views to subscribe, there is no need to worry and to know chances of allotment. People having unlimited funds and have knowledge about market, not good one, will earn more than a person having very good knowledge of market and not having limited fund. "MONEY ATTRACTS MONEY" In economics there is one topic "Vicious circle of poverty". A rich person goes richer and poor goes poorer. Rest all depends on Good Luck. @Rohan Enjoy applying in HNI. Don't bother about allotment. Till the allotment announced, you have all the chance. Belive in Luck and continue applying as much as you can.
Just on a curiosity i want to know calculation behind 100lots x 4 account.
1.35cr x 4 = 5.40 cr (investment or freeze amount in bank)
if u get 1 lot (that to by lottery) - max profit 70k - 75k listing day (non-guaranteed) or on a better note 2 lots(best wishes from me) - profit will be 1.4lk - 1.5lk (again non guranteed).
so, what makes someone to apply this huge amount. (even 0.25% profit is not on the table, that too for 2 lots)
first in my last message - i wanted to type ROHAN & not Rahul. (Sorry for that)
@Shanm Well i am no one to give advice to some one who is having hefty bank balance.
But, till as you are asking than my reply will be. "PROPERTY" no dought that the person is having many properties as he is having this much amount in his bank (just guessing).
If you ask me, my first choice will be buy a land where there is public access, little out side(so the land value will be lesser) built some offices (like in 4-5 storrey) and give it in to rent to MNC Companies. (it takes some time, but this is peace full) your assests is safe, you are getting good rent with that 20-25% increament every 2 year on rent., as well as 10-12 months advances on rent (int.free).
It's a high time to reframe the SMB rules. A good IPO easily has 200-300 times subscription hence making the allotnment chance below 1% for retail category .. they should reduce lot size for example by which more number of ppl get allotnment.
100. Smile.| Link| Bookmark|
November 30, 2022 8:48:23 PM
IPO Guru (1600+ Posts, 900+ Likes)
Amazing subscription figures... Not due to caliber of company, but due to people have money and courage... ready for lottery. Here no need to check allotment, just wait for bank message
@Smile Get ready for lottery. But remember and sing one song, a beautiful one : "MERI SUNLE DIN DAYAAL, KARDE MUJKO MAALA MAAL, MERI LOTTERY NIKAL MURLI WALE NANDLAL". Best of Luck to all.
Hi every1, Here I am new in SME ipo. Applied and if i allotted then how can i sell? Can i do same thing as well as main line ipo, selling of listing day, gaining profit and out of the stock...