Burger King India Limited IPO Message Board (Page 28)

For HNi category, IF it is lot not shares, then to get 1 lot one has to bid for 60,00,000rupees(400times subricption X 15000 rupess per lot), by this calculation returns are pathetic, by investing 60L we get 12-15k???
Am I right??

Most of the applications come on the last day itself. And looking at the popularity of this issue, this can easily match subscription numbers of Happiest Mind issue.

If money is lying idle in your accounts, try your luck. Returns like .25% in 7 days. + Savings interest will continue.

What is latest grey premium

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

If amount blocked then it is successful . Go to bseindia.com check there

https://www.bseindia.com/investors/appli_check.aspx

At 2nd Day end status
Total application : 13.17 lakh
Basis of app : 24.35×

250 IPO give me

Sbi NetBanking is not working properly... Anyone faces problem to apply ??

Now working fine

Burger King IPO

Applying in the NII category is better than applying in the RII category

HNI is expected to be 350X
Whereas,
Retail is expected to be 18L forms

In ????, ROE will be higher for HNI as compared to Retailers

in HNI application bid at higher price, for this IPO its 60. no need to worry about cut-off option.

Thanks @captsingh, I totally agree, if we are bidding at higher end, then why can't we tick cutt off. Sir, I need a help with my calculation, as you are a regular HNi player, shares in hni category is alloted in lots not singles shares, so then to get a lot with 400times subscription I have to apply with 400X15000= 60,00,000 amount and my returns would be 15k max, so for 15k 60k is justified??

long time hope all having fun i do surf Chittorgarh still the best website on IPO

My take apply yes it loss making company negative cash flow but offer is at reasonable valuations of 2.9 times FY20 EV/Sales in comparison to 8.4 times for Jubilant FoodWorks and 4.4 times for Westlife Development. It has a strong franchisee model also with population demographic like india growth can be replicated with swiggy zomato platform home delivery will not be a issue.

apply single lot in retail investor HNI 150 lots

Welcome Sir

Septa Sir...
We are delighted to see you back...

At 3.15
Qib 1.15 times
HNI 2.54 times
Retail 31.69 times
Application wise 19. 80 times
Total application received 10,69,443

Many in this group have question whether to apply in RII or NII. It depends on individual majority of investor go for single lot in multiple family accounts ( different PAN). if the IPO get substantially oversubscribed this best strategy to get more chance in this lottery,

Eagleye ( thank you) has given the data of number of application and how many times it is over subscribed application wise and total wise, the most important data is times application is oversubscribed is important this is going to get close to 100 times in RII. so if funds is limited single lot multiply application in different family members accounts is best option.

Now NII allotment process it is mix of luck and amount of lots you apply, someone had mention is number of shares applied not number of lots. just what to correct it is number lot not shares, prorate is calculated with algorithm with three factors lot size how many people have applied in that lot size and total amount shares oversubscribed.

So to qualify of NII application you should apply for 14 lots to maximum of 15% of total NII quota. So each category(meaning number of lots applied) will get prorate and ratio. so higher the lots better the ratio of allotment and lots

If an issue is over subscribed big time chance of allotment is better in NII is great higher the lots you apply but again it also involves more capital

My position applied single lot in RII in all my accounts i avoid NII, if i think the company is good long term then i buy on first day 50% and then buy rest over time.

i am planing to buy on listing if list below 110 to 120. if list below 100 then i will go big

best of luck all

Thanks a lot sir. this is the best and fruitful advice . जय गुरुदेव

IF it is lot not shares, then to get 1 lot one has to bid for 60,00,000rupees(400times subricption X 15000 rupess per lot), by this calculation returns are pathetic, by investing 60L we get 12-15k???
Am I right??

Dear Admin,

Thanks for all the right things set and maintained here.
Just to bring into your notice that link to RHP isn't working since last two days.

GMP 33

On 3 Dec 2020 @ 2.00 pm
GMP Rs. 32-33

Gyani Baba..
Saying

GMP 34
COST for HNI 28 for 350 time

Very Little difference

Slight Correction in GMP will make HNI to losse Money

Hence
Gyani Babas
Want Either GMP to move UP
For HNI to be lower

Else,
HNI as usual will be at loss

Dear friends and seniors,

If I apply for one lot vs if I apply for 4 lots in single application,
does the second one increase my chances of allotment?
Or same chances of allotment since the issue is already oversubscribed in retail category?

Thanks

IPO works on how many application you apply your chances of allotment is more. If you apply 4 lots for one application your chances are very less and if you are lucky you can get one allotment only if the subscription is more.

Burger King IPO from 2nd Dec., 2020 to 4th Dec., 2020. All the Jain's, Hindus and people who believe in non violence's and against slaughtering and killing of innocent animals should avoid this IPO. You and me can not stop the IPO but at least can absolve yourself being part of the slaughter and cruelty. Use your discretion and avoid this IPO for few bucks of earning and profit. Fwd as necessary.

@roxpatel
So by your logic if anybody doesn't cry it's ok to murder?

Sometimes you’ve got to break the rules

If QIB quota not filled up then what will happen? will it be a discounted listing?

QIB will start their running after 2.00 PM tomorrow

If QIB dont subscribe 75% (out of which 60% is already subscribed by anchor participation) then issue would be cancelled
Chances of that happening is remote as they say 0.0000000000000001 percent
Amansa itself has bought shares worth 192 crore in pre IPO and anchor round
SBI MF also purchased as anchor and off market deal from promoter

I need to apply from my Father account. But he doesn't have Internet banking or google pay /UPI etc.
He has 5 Paisa Demat account.
Please guide how to apply.

Can i use my Google pay or UPI?
Or any other method.
Please reply only in case you are sure about rule.
I don't want my own application gets rejected along with additional application of my father

Hi Mahender,

Here are your options:
1. If you have a bank account with a bank offering 3rd party ipo application, you can use it. Banks liks SBI, Axis Bank etc offer this service.

2. You can setup a new UPI id for your fathers bank account using BHIM app and use it.

3. You can fill the e-Form for IPO on NSE or BSE website, print it, and submit it to the bank where your father has account.

Hope this will help.

to my knowledge ICICi bank help you to have teh physical form and they process it online. Check with them if you have a account.

What does UPI status pending means?
My Rs. 15000 are blocked, but still UPI status pending?

will get approved today, need to wait for UPI

It's showing pending for more than 25hrs :(

Hello experts!
I applied through ICICI direct and mandated the amount through UPI
But my UPI status shows pending, will my application be considered for allotment?

yes it will

Sir, the amount was blocked yesterday around 1PM, it's already more than 25hrs but it is still showing UPI status as pending