Burger King India Limited IPO Message Board (Page 25)

Is anyone facing problem by applying through bob NetBanking

Their service is worse. Change your Demat to HDFC or Zerodha

Always apply 2 nd day or first day. Dont wait until last day.if you want apply any IPO

Is any body facing problem while applying through HDFC BANK ?

Stay miles away from HDFC securities (HDFC bank ASBA). They cancelled all my successfully submitted Mazgaon Dock applications in the middle of the night without my permission and paid Rs. 338 as the compensation after I lodged a complaint.

No problem at all. Already applied in HNI category.

Does anyone facing an issue with SBI net banking? If yes, please advise which is other way we can apply the IPO. Thanks!

SBI has some issues, try after 5.00 PM it will work. It has too much traffic for the last two days during their office hours not sure of the reason. I applied yesterday by 7.00 PM got the application number.

Open account with HDFC or Zerodha

At 02:26 pm

NII application at 161x
the +10x in 20 mins time (151 x at 02:05 pm)

Good momentum.

Discl: Applied in Retail, do your research before investing in equity market.

It depends on how much amount you want to invest and your eligibility as HNI or NRI.

At 03:00 pm

NII application at 247x
+121x in 24 mins time (176 x at 02:36 pm)
+15x in 10 mins time (161x at 02:26 pm)
+10x in 20 mins time (151 x at 02:05 pm)

Good momentum. HNI applications being made at good pace

Discl: Applied in Retail, do your research before investing in equity market.

Is there a way to find out the status of application through application number? SBI account shows successful submission but not received any email regarding the same. Received email notification for other application which was submitted through other SBI account.

Check on Chittorgarh only they have application status check.Simple

For a small retail investor who can apply for maximum upto 15 lots, will it be better to apply a single lot through retail or bid for 15 lots in NII.

Single lot through retail

Correct calculation.

Alert
As subscription is very high, please use the option of higher price band INR 60 only and don't select cut off option to increase your chance.

Cut off means higher price will take automatically . No need to mention price 60

Do not confuse the boarders of Chittorgarh. Cutoff price is same Rs. 60. No difference between the two

Is this is a scam? Received auto pay request

ipo.burger@icici has sent you an AutoPay request for Rs. 15000. If you are unable to view the request, please update your PhonePe app.

Contact ICICI Bank toll free number to get guidance. Always verify.

Someone might have wrongly updated id. Decline it simply if it is not yours.

Applied JUST NOW. Hope, I will get the ALLOTMENT. ;)

If you get allotment remain invested which will increase your chances for allotment in future IPOs. Dont forget to party in Burger King on allotment.

As per My sources
Many new Young Generation who Know the brand and are customer have applied Aggressively in Burger.
Even some Newbies have applied 2 lac worth Application in Retail.
These People have no idea of Allotment. But just have knowledge of Brand. Even Employees are excited

Novice investors Arjun bhai they are the one investing.

Question is it profitable to borrow and invest in IPO yes many do many NBFC even banks and broker house finance at 7%to 9% for 7-10 days that is reason NII jump on last day to say 2 days interest plus if a weekend fall it 4 days. In case of this market is expecting the issue to oversubscribe by 400 times so fiancé this will cost approx 8000.

since once allotment is done for one lot 5985000 will be return and 15000 for share and 8000 for interest for every 60 lakhs for 7 days.

So if it list above 92 the NII will make money. however lately two IPO which was highly over subscribed in NII did not list at premium to cover the cost.

Basically it is calculated risk however if you apply for 14 lots in HNI the ratio is better then retail investor chance applying single lot. but the margin decrease considerable if NII application increase considerable.

simple apply single lot if you think it good stock buy on listing.

@Chirdhar - If HNI is 300x then anyone applied for 299 or lesser lots will be allotted based on lottery which is very tough in HNI. That's why it is better to apply multiple retail and avoid HNI.

Never invest in stocks by borrowing money. Bad Idea

I will receive mandate tomorrow by what time i can accept it?

Till 12pm tomorrow

Yes 12 PM is cut off time.

I have two demat accounts, one with broker and other in bank. Can I apply two application 1. Via UPI (broker) and 2. Bia Bank (ABSA)?

Thank you for your response. Hurriedly I tried to cancel my application by UPI. But I have found that my UPI account probably got canceled and hold from my bank account is not there. However hold is still there in the ABSA application. Hope this application will not be canceled

Only one application will be considered.

I have applied for a lot and accepted the mandate. On Zerodha amount blocked is showing none. Status is showing accepted by bank and Detail: request received by sponsor bank. My funds are also blocked in Bank. Is my application successful??
Please help me!!!!!!

Successful

yes dont worry

RII => 56.45x OverSubscribed
One lucky application among 57 - 60 applications will be get allotment

Many investors have applied for more than 1 lot. Applications wise it is around 36x right now so 1 among 36 applications will be allotted. Also there will be some rejections which would bring this down further.

Burger King India IPO

LAST Day *2:05PM*

The following data is assuming the shares will be issued at @60/- (upper price band)

QIB*: 32.73X (*Excluding Anchor)
NII: 151.49X
RII: 56.73X
Total: 69.48X

*RII Applications: 19.66L* Approx
No. of Applic-wise: 36.40X

2:08 PM
QIB - 32.73
NII - 151.49
REL - 56.74

TOTAL 69.48

RET APP : 36.61x, 19.77L

Burger King India IPO

LAST Day *2:00PM*

The following data is assuming the shares will be issued at @60/- (upper price band)

QIB*: 31.90X (*Excluding Anchor)
NII: 130.01X
RII: 56.53X
Total: 63.14X

*RII Applications: 19.59L* Approx
No. of Applic-wise: 36.27X

B king????
On 4 Dec 2020 @ 1.30
GMP Rs. 37-30
Application :Rs. 250/No trades
Subject to Rates : Rs. 7000

NI have lots of money to invest ,
we cannot invest in 14 to 18 lots even buy taking loan , as many times it is observed that interest may not match the listing Gains
Hence it is better to apply in one lots with multiple family accounts

I thought one does not loose interest on money as it stays in your account and is only blocked for certain period. Please clarify.

@Avenue Many HNIs borrow money for applying and hence have to pay interest.