BLS E-Services Limited IPO Message Board (Page 28)

Applied
7 Bhni
7 SH (14 LOTS)

​@Seth. 
I have applied 14 lots in SH quota..
I think there is no issue in that..
You can go ahead with 14 lots in SH

​@Jamnagar IPOholic Ok thanks.
Applied 14 lot plus BHNI

I applied through Anand Rathi mobile app for 13 lot in shareholder category. But I received UPI auto pay request for full amount of Rs 189540/-
Please advise

​@Sangwan You can proceed and accept, debit will happen considering discount price 🙏

There is so much confusion in applying cutoff & entering price manually both r same na ..(eg.. Cutoff ~135 ; manually also 135)
Can anyone say how both r different is there any particular reason for this..
Will there's any rejections happen if we apply cutoff in place of manually or vice versa..
Is it compulsory to apply manually while applying HNI..?
Any senior members please reply...,tq🙏

​@PUSHPaa  Hello, there is rule for HNI to bid at fixed price and not cut-off price. Manually selected maximum price and system Cut-off price need not be same. Please note, the offer price at which shares are issued to investors in an IPO is known as the cut-off price, which can be any price within the specified price band. To understand it better, let's assume price band to be 90 to 100. If company decides to issue shares to applicants say at 95, this value becomes cut-off price even though Max price in band was 100. However, HNIs will ne issued shares at fixed price chosen by them and not at cut off price by company.
Hope, it clarifies 🙏

For BNII and SNII applicants of mainboard IPO cut off option is not allowed, one has to manually enter price . Even for retail application u can fill price manually . Cut off has no importance / benefit if you know that issue will be comfortably or highly oversubscribed because in such cases there is no question of allotment taking place at a price lower than maximum of price band

Comf

Applied in retail ✔️

BLS E-Services IPO,
8 SHNI apps

BLS E-Services IPO,
0 allotment

Bought very small quantity at listing

Seems Like There would be confirm allotment for people applying 13/14 lots in share holder category. Am I correct??

almost confirm allotment for 11/12 lots people as well. Maybe 9:10 will be the ratio for them.
I (and my like me) missed shareholder quota in this. This IPO came suddenly without any prior discussion on share holder quota. From 22 or 23jan only this page got created and On 23Jan only I got to know that it has shareholder quota. But it was too late by then.
This could be the reason that shareholder portion is not much subscribed.
Maybe in future we know about shareholder quota in advance

​@DuckkyDuck yeah there was no major discussion about shareholder quota but newgen had informed 1 month prior to the issue date so because of him only i could apply in SH
i think he informed in some previous IPO discussion page but i dont remember which on

Tax Proposals in the Interim Budget 2024:

1️⃣No change in tax rates for direct and indirect taxes, including import duties.

2️⃣Corporate tax rates maintains same at 22% for existing domestic companies and 15% for certain new manufacturing companies.

3️⃣No tax liability for individuals with income up to ₹7 lakh under the new tax regime - same as earlier years with no change.

4️⃣Withdrawal of outstanding direct tax demands:
up to ₹25,000 pertaining up to FY10 &
up to ₹10,000 for FY11-FY15
This step will be benefiting around 1 crore taxpayers.

5️⃣Continuity in taxation with certain benefits extended to startups.

6️⃣Tax exemptions for some IFSC units, originally expiring on 31.03.2024, extended up to 31.03.2025.

Dear @IPO GURU. 
Kindly help.

For BLS IPO, SBI netbanking not accepting Rs128 per share (considering Rs7 discount for SH category) saying bid lower than spectrum Rs129 to Rs135 not allowed.
What to do now.
Under SH-SHNI CATEGORY, Should I apply with rs 135 per share.
Will that be ok.?

​@IPO GURU. @sree vas 

Pls guide...

You should select cutoff price.

sbi still not unblock for sme ipos

Yes. One more IPO fund yet to be unblocked.

SBI unblocked other IPO too now.

*BLS E-SERVICES*

Approx break up applications :
01-02-2024 @2.00pm
As per NSE average

HNI above 10L - ~56,425(41.16x)

HNI 2-10L ~1,41,712(206.88x)

Retails - ~28,48,404(148.42x)

📍Today the interim budget of 2024 has been declared!

💵Let’s breakdown the top highlights of this Budget:

👉🏻 New solar power schemes launched by PM Modi recently would lead to saving of INR15,000-18,000 per households annually who install roof top solar panels. 1cr households will be enabled to get 300units per month fully free.

👉🏻PM Awas Yojana Grameen: Close to achieving target of 3 cr homes; 2 cr more homes planned due to growing need.

👉🏻Ayushmaan Bharat to cover all worker under ASHA scheme.

👉🏻Government to launch a scheme to help deserving sections of the middle class living in rented houses or slums or chawls and unathorised colonies to buy or build their own houses - Likely positive for Steel, Cement and Building material.

👉🏻Railway corridor-port connectivity under DFC - More than 2 corridors to be set up. Also, 3 more rail corridors for Energy, cement and mineral to be added, apart from DFC.

👉🏻40,000 rail bogies to be converted to Vande bharat standards.

👉🏻The capex target of FY25 has been set at Rs 11.1 lakh crore, up by 11.1%. FY25 capex outlay at 3.4% of GDP.

👉🏻 1-lakh crore corpus will be made available with 50 year interest free (long-term financing or refinancing) to encourage the private sector to scale up R&D. 💸

BLS retai l200 times.

Looks like retail IPO now converted into SME IPO Figures.

bhai vo retail ka l 200 me jud gaya hai , 200 times hi hai

​@Paymzia He meant 200 times.

are the subscriptions showing as others ..... considered as the subscription for the shareholder category

Yes

For BLS IPO, SBI netbanking not accepting Rs128 per share (considering Rs7 discount for SH category) saying bid lower than spectrum Rs129 to Rs135 not allowed.
What to do now

​@Wanderlust Thanks for ur revert.
Applying with 14 lots under SH (Retail) is not a problem
Problem is under SH under HNI category (with 36 lots), SBI ASBA is not allowing.. Not even with Rs135 (without discount amt)

​@pankaj bharat  In SH catagory maximum you can apply is 14 lots only, less than 2 lakhs.
You can apply HNI from retail.

​@PLAZA IDFC funds unblocked ?

Fonbox also unblocked

Y@GrayIsTheNewBlack Yes dear unblocked all three smes and applied for next

Applying for 300 lots. Hope!!

Buddy there is only lottery in mainboard ipos. You are wasting your capital, better to split capital and apply through multiple demats

*BLS E-SERVICES*

Approx break up applications :
01.02.2024 @1.00pm
As per NSE average

HNI above 10L - ~48,107(35.09x)

HNI 2-10L ~1,24,875(182.30x)

Retails - ~28,06,998(146.26x)

I applied for 14 lots in SH category from Zerodha, but was not getting the UPI request. So, I applied through Yes Bank ASBA. Now, I am unable to cancel the Zerodha application. Will my application be rejected (due to multiple applications) if I don't complete the payment for Zerodha application?

No. If UPI mandate is not accepted, application does not go through. Just Do Not approve UPI mandate.
You are all good 👍
All the Best !

​@antwrestler  @ETHICS If you have not received the mandate then no problem at all.
But remember DO NOT accept the mandate if it comes later, after successfully applying through ASBA.

Hope this helps..

i am applying only 11 lots in SH category
hoping for 1 lot
any other category seems very difficult isleye not applying in retail

my last allotment was in manoj vaibhav gems which was not an heavy sub IPO almost everyone got
from that issue i have applied all main board and good SMEs and have been unlucky and also SH quota proportionate allotment so chance for higher lot application of gettting atleast one lot is high so i'm only applying in SH

Your wish. But two lottery tickets are better than one. Nahin ?

Good work by ICICI
UNBLOCKED FUNDS of Fonebook