BLS E-Services Limited IPO Message Board (Page 42)

SH
Discount Rs 7
record date is 19/01/2023
In SH you can apply maximum bids above 2 lakhs or above 10 lakhs in following four ways:

1. SH (below 2 lakhs) + retail
2. SH (Above 2 lakhs) + retail
3. SH (below 2 lakhs) + shni
4. SH (below 2 lakhs) + Bhni
These all are valid

See the RHP

भारत माता तुज शतशः प्रणाम..
भारत माँ तुझे सलाम।
Salute to Mother India..🙏🙏

Jai maa bharti
Jai siya ram ji

Happy Republic Day

What is the "RECORD DATE" for the shareholder category ...........any idea when RHP is filed

23/01/2024

Any expectation what will be the subscription in bNII & sNII Categories

Considering the IPO size and ongoing GMP… it will go over the roof

My calculation of SH quota subscritpion,

Due to the fact that bids exceeding 200k are not permitted in SH, the calculation is based on the assumption that a valid application falls below 200k.

As of December, there were around 110k shareholders, so I assume there will be an additional 40k shareholders until Rhp is filled.

So we may assume 150k shareholders are eligible to apply under Sh quota.

Out of 150k eligible shareholders 30%(45000 applicants) may bid to max app amount which comes 190k
So 45000*189540(13 lots with cut off)=855 cr

50% may apply for 1 lot
So 75000*14580=110 cr

Rest of 20% application money can be averaged with 5 lots
So 30000*72900=220 cr

So 855cr+110cr+220cr=1185
Reserved portion for sh quota is 30 cr so 1185/30=40x

Consequently, we may encounter mild to heavy subscriptions that span from 40 to 60 times.

So applicant with 13 lots may have roughly 1/4 chance for 1 lot allotment.

​@Jay here What's the source of faqs as I'm unable to find in rhp
Kindly provide

​@Trivial Investor 
The faq pdf was sent to the ones who mailed unistonecaptial regarding query.

Full pdf link:
https://smallpdf.com/file#s=b7c6a39e-a661-46ba-9d0c-acab393a480e

Can anyone tell me how you guys got information that RHP was filled on 23 because RHP is not showing on Sebi website and Chittorgarh , you guys was very quick please suggest some wepsite.

Kaise pata chalata h ki RHP filing date kab ki h ?

No one can say except insider

Why to wait, if got information about sh category than buy immediately. I bought BLS around 1 month back at Rs 254 and sold today at 390. You can only guess and buy the share on some assumption

💥 This is a must apply with FF for Bumper listing gain and even good for short-term, long-term gain post listing.

Happy Republic Day to all.

🙏

LM faq sheet means SH bid only upto 200000.

Posting my understanding on the SH quota based on the RHP.

You can apply for more than 2 lakhs in SH quota but then you cannot apply in sHNI/bHNI.
In case your SH quota application is less than 2 lakhs you can apply in sHNI/bHNI.

So - unlike Tata Tech where 2 lakhs worth application got allotments.
In this one HNI's with much bigger applications would bag most of the allotments.

Again summarizing

sH App (Upto 2 lakhs) + Retail App -> Valid
sh App (Above 2 lakhs) + Retail App -> Valid
sh App (Upto 2 lakhs) + HNI App -> Valid
sh App (Above 2 lakhs) + HNI App -> INVALID

What about discount to SH of ₹7 ?

RHP had few contradictory statements leading to confusion.
As, confirmed by other members max application amount in sH category will be 2 lakh.
Please, ignore my original message.
Apologies if my message created any confusion (I had simply put up my inference from the RHP).

Off topic

We can expect share holder quota

1.india first life insurance .....Bank of Baroda
2. Ashirvad micro finance...mana puram
3. Sbi mutual fund ........SBI
4.NTPC Green energy ...NTPC
5.HDB financial ........HDTV BANK
6.HDFC Ergo............HDFC BANK
7.HDFC Credits......HDFC BANK
8.Kotak AMC........Kotak mahendra bank
9.PNB Met life ......PNB
10.Bajaj energy ...bajaj hindustan sugars
11.Reliance retail .Reliance
12.Icici AMC.......ICICI BANK
13.AXIS AMC....AXIs BANK
14.Jeevansathi.com....Info Edge

Not confirm but we can expect above as a shareholder category when those come to IPO.

Bharati Hexacom filed DHRP on Jan 18th

Bharati Hexacom is stake sale by government. I doubt it would have SH quota.

Do not talk more on SH quota
All eligible shareholders will receive mail explaining application probabilities
Till then just wait n wait

With big issue size, allotment in TATATECH was just close to miracle then here more discussion on SH will pure waste of time.

Shareholder in tata technologies was 45 lacs and here 1.5 lacs. Shareholder quota was 300 crore in tata and here 30 crore. So I think allotment chance will be better in bls in comparison to tata tech

Shareholders quota can get 70x sub , what's your Guess 🤔

The quota allocated for SH in the BLS Sewa IPO is akin to a mirage. The issue size itself is relatively small, totaling only 310 crores. Additionally, a mere 10% of the total issue is reserved for SH, amounting to a modest 31 crores. Although QIB and institutional investors are not eligible to apply in the SH category, HNIs, corporate bodies, and family offices are eligible.
Given this scenario, securing a share from the SH category seems like a challenging endeavor, even for HNIs. Unlike TATA Tech, BLS fails to ensure a cap on SH application limits, and there is a risk of family offices dominating the allotment, potentially surpassing the limits. The chances of allotment in the SH category are anticipated to be lower than in an average SME IPO. Hence, it is advisable to make an informed decision considering these factors.

​@Nifty Singh Information supplied on mail and through RHP documents regarding SH is contradictory.

how to get to know which ipo will have sharholder quota??

Drhp

Get in touch with SEBI website. once u get to know the drhp , it will be easy to find

does we can still buy BOB for Indiafrist insurance company SH quota?

Yes, you can. As far as i know RHP has not been filed yet..so no problem.

As i told earlier this IPO will be blockbuster before even starting of the GMP (105%). e-mudhra is a peer to this company and looking at growth prospects and budget speculations . this was deemed to be a blockbuster listing.. This is a strong BUY candidate for short term with a trailing STOP loss , if it can sustain the budget week volatility then good move speculated in the first quarter of FY25.

Below is mail of Tata technologies eligible shareholders and they clearly mentioned up to 2,00,000 so BLS services also will send mail for confirmation like this we should wait for it

What is the record date for shareholder's category

​@Sunsam 23 January.
So you must purchase BLS share on or before 22 January for Eligibility.

I have sent a mail to registrar. They sent me RHP & FAQs, both of which are contradicting.

I got response for question by mail

2

Can anybody suggest any broker who deals in gray market in Lucknow? I spoke to my broker upstox they dont deal in gray market. I am ready to open account with that broker. Thank you