applied 500 shares through icici bank.not received any mail or sms. having application no.umber. with receipt. please let me know my application will be considered. k paapaaraoi
Retail subscription--- Happiest minds Vs. B.king Both 10% allocated 71 cr Vs. 81 cr. HM ended up with 71× BK may get oversubscribed with 60-65 × (Both business are different,just compared with subscription data alone)
Good show overall Like Happiest minds ipo Let's see how GMP moves after high subscription Secondary market also record high (good support) Hope 1** listing
Vaccination of covid 19) may start in emergency basis and cases in December end or January It will be big boost for market, economy Also moving fast towards unlocking in aviation,railways,hotel ,real estate,restorants, auto,educational etc..
284.1. Lokesh Chiru| Link| Bookmark|
December 4, 2020 2:46:11 PM
Top Contributor (400+ Posts, 200+ Likes)
How many times it got oversubscribed in NII category that many lots you have to apply to get guaranteed 1 lot. Suppose Burger King IPO gets subscribed by 400 times in NII category then you need to apply for 400 lots to get assured 1 lot i.e. you have to apply for an amount of 60 lakhs to get assured 1 lot. Likewise for assured 2 lots u need to apply for 1.2 crore. Hope it helps
Anyone applying for lots greater then number of times subscription gets firm allotment. Below that it is lottery. E.g. Burger HNI is 354.1 so any one applying for 355+ lots get confirm allotment. 354 and less lots will be based on lottery provided there are no rejections.
Your chance of allotment will be based on lottery which is very difficult in NII. That's why never apply in NII. For next IPO open as many accounts as you can and apply under retail category. Applying multiple applications under retail has much more better chance for allotment .
The company is asking only 810 Crore for this IPO. apart from 360 Crore they got from Anchor investors. The IPO subscription has now blocked more than 85000 Crores in banks for next 7 days. This is IPO market in India, with this type of subscription, GMP is going to increase only till listing.
Good luck to all for successful allotment. remember only lucky few in retail category will get allotment of 250 shares in their Demat account
279. Eagleye| Link| Bookmark|
December 4, 2020 2:26:55 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Burger King India IPO
LAST Day *3:20PM*
The following data is assuming the shares will be issued at @60/- (upper price band)
QIB*: 67.19X (*Excluding Anchor) NII: 334.34X RII: 66.87X Total: 139.99X
*RII Applications: 23.20L* Approx No. of Applic-wise: 42.90X
I am investing first time in IPO. I have one query. Is it better to go for 3 lots from one account or one lot from 3 different accounts ?? Please help and thanks in advance :)
Hello guys I wanted to know if I would get full refund of my subscription money if it gets rejected or there would be some deductions. Buyinh IPO for the first time, please assist.
at present, the money will be blocked in your bank account, only after successful allotment the money will be deducted and transferred. No allotment means your money remain in your bank and you will get interest on the money in your saving account.
271.3. sree vas| Link| Bookmark|
December 3, 2020 4:21:24 PM
Top Contributor (500+ Posts, 100+ Likes)
Full refund, dont worry. no deductions
271.4. lekker| Link| Bookmark|
December 3, 2020 4:22:57 PM
IPO Guru (1300+ Posts, 2000+ Likes)
if allotted 15K will debit if not allotted all 15K lien will be removed. no any charge
271.5. BullOverBear| Link| Bookmark|
December 3, 2020 4:27:51 PM
Top Contributor (300+ Posts, 100+ Likes)
The amount remains blocked (or technically lien) from the time of application until allocation. Later, the amount will be unblocked (or released) for those not got allotment.