bHNI (base application) definitely will not get more than 500 shares. Allotment between 470-480 shares seems very likely. Lets see if the calculations really hold post allotment.
Almost there as i told earlier. Estimate of subscription Qib 25 time BHNI 4 time SHNI 5 time Retail 2 or 3 time max. I am not applying any of these ipo buying some cash market stock last week now 20% return in one week enjoying holiday in weekend.
165. Paymzia| Link| Bookmark|
August 8, 2024 4:57:40 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Confirm allotment for BHNIs worth 14 lots for.everyone
164. Not Smart| Link| Bookmark|
August 8, 2024 4:52:28 PM
IPO Mentor (600+ Posts, 200+ Likes)
160. MKS IND IPO| Link| Bookmark|
August 8, 2024 4:26:24 PM
Top Contributor (300+ Posts, 100+ Likes)
Applied 2 SHNI and 1 Retail. Excellent Anchor investors list, decent QIB subsription, promising business model and future prospects are confidence boosters for this issue.
website gmp is operator driven, they trap retailers and sometimes they scare them away like in this case showing only 2% gmp but in reality its 18rs. more than double. its fundamentally good company, strong brand no competion. good subscription by qib 20x and employees 6x. anchor list is amazing. high allotment chances. i think it will give decent listing gains and good long term gains.
It may be an opportunity lost or a blessing in disguise . Capital protection cannot be ignored .Too many variables , so skipping this one .... Good luck to all the would be allottes .