Campus Activewear Limited IPO Message Board (Page 41)

Dear lokes, anantagg,arun,aniket, noorul, ipo analysis, earthking, ipobull, suneel paravala, arun, mravi, pkraj, Hostpacker, eVA, avenue, Dinesh Singh, pRAce., manjitsing, chalak lomdiji, eagle & owels eyes and all chitorgarh family members. Should I go for apply or skip this ipo?

@Prabhjot, still there is no clarity on how many lots will be alloted for 2L application or 10L application. However to your question, for good ipos where subscription will be more than 1X, you will get similar amount of lots for 10L or 20L or 50L. Best is to just apply for 10L. You will get min. Lots or will be zero as it is lottery.

in my opinion "lottery" is still ambiguous word. its still not clear, whether it will be a single lottery considering all app in given category(small HNI and big HNI) or there might be category based on number of lots applied and different lottery chance for each category.
For eg. lets say there are 100 people applied for 11lac, 100 for 12lac and 100 for 13lac.
I know it will be lottery for all. but Now we dont know whether it will be 3ppl of 100 will allotted for each 11lac,12lac and 13lac.
OR
It might be 3:100 for 11lac, 4:100 for 12lac, 5:100 for 13lac
We dont know???

Gmp 85/89

Dear HNI investors,

Even though 14 lots will be allocated if it is oversubscribed for Small HNI , the chance of getting allotment will differ based on the lots applied . Most of the applicant will apply for 14 lots. There are around 53 size lots are available (15 lots,16 lots....67 lots) apart of 14 lots. So if an investor can pick odd lot and can apply multiple application with same size lot have more chance.

In the case of Big HNI chance of picking odd lot is high (68 lots to full amount lot ) and applying multiple application with same size will increase the allotment chance. I think MRavi might have already thought about this.

I think in a way due to new rule Demat accounts will increase.

Thanks

Campus Activewear GMP 79 - 83 @ 8pm # 24 April.

Strong Buying happening.
Huge Buying Quantity

Yeh new HNI rules ke beech mein, iss nacheez ka ek sawal please padhiye:

I have always dabbled with IPOs in retail category and I will continue to do so till the end of my life. So, the question is: other than the poor authority of GMP from now on, has anything changed for a retail investor like me? I'm still looking at <15k per lot, right?

@Dharmendra Sharma ji, some buying seen at current level in last 2 days but still I feel we need to wait for it to come out from t2t segment because as of now looks like operaters are playing
I may prove wrong so plan accordingly
Thanks & happy investing 🙏🏻

@Crow, Not much changed for retailers except that some retailers will move to small HNI and so for good IPO more chance of allotment for retailers, Small HNI. Looks like only loosers are NBFC and HNI taking loan which will not be doing now.
And from selling pressure even HNI who were applying with loan used to sell on listing so can't comment if small HNI will make more selling pressure or less.

My understanding of the new HNI rules:
1/3 of the HNI Quota will be for 2L-10L category
3357 lucky applicants will be allotted a minimum of 14 lots in case of over subscription application wise.
2/3 of the HNI Quota will be for 10L+ category
1382 lucky applicants will be allotted a minimum of 68 lots in case of over subscription application wise.

The above calculations are for this IPO.

In case of under subscription, minimum lots (I.e. 14 or 68 lots as applicable) will be allotted to all applicants and then the remaining shares will be allotted on Pro Rata Basis.

To back my understanding check the following link at the bottom of the comment and start reading from page 44 “Part A1 -Illustration explaining the procedure of allotment for non-institutional investors“

Also, why will be the HNI portion broken into 2 parts if in the end an investor who applies for 10L+ category will also end of getting 2L worth shares same as the small HNI category ?

https://www.sebi.gov.in/legal/regulations/jan-2022/securities-and-exchange-board-of-india-issue-of-capital-and-disclosure-requirements-amendment-regulations-2022_55351.html

Allotment will be minimum 1 lot not 14.

@confusing markets I think you got confused I was talking about HNI quota.

Gmp 78/81
Form 625
2 lakh form 3000
10 lakh form 18000

Gmp 60

CAMPUS Activewear Ltd IPO
Strong buying happening in Grey

Next Paradeep phosphate Ltd IPO & Ethos Limited IPO after closure of LIC IPO. (May 2nd or 3rd week) both ipos may clash.

Hey expertes and investors ,I have little query that 'what our next step should be after listing ,does we wait for more profits or just take profit and leave.

I like your confidence and certainty of allotment

Haha,yeah

10 lakh form 17000

Campus Grey @ 62 - 66

@EVA 69.1

Thank you sir ....for very precise and clear inputs on HNI subscription...hoping it will be benifitial to all those who apply in this ipo.

Team chittorgarh Moderator sir ,
Sir I have a request ,could you plz add small HNI allotment process in HNI Questionnaire.Current HNI note has August 2021 process report..
Thanks

RHP MENTIONS: "The allotment to each Non-Institutional Bidder shall not be less than the Minimum NIB Application Size, subject to the availability of Equity Shares in the Non-Institutional Portion, and the remaining Equity Shares, if any, shall be allotted on a proportionate basis."

Not sure from where people are reading that for 10+ lacs amount application of HNI category, the minimum allotment is 10 lacs of the lot.
The above is totally wrong.

For applicants 2-10 lacs, the minimum allotment will be 2 lacs worth of lots.
For applicants 10+ lacs, the minimum allotment will be 2 lacs worth of lots (NOT 10 lacs).

HNI category is still the same only the allotment method is changed where 1/3 portion is for applicants 2-10 lacs and 2/3 for 10+ lacs applicants. As the HNI category is same and the minimum application size is 2 lacs hence for both reservations minimum allotment is the same as 2 lacs worth of shares.

@eVA ,

Kindly put up the link , from where you have learned about this new allocation rules. or atleast copy paste here.

It will be of great help for people like me. Thanks in advance.

@EVA
Thanks u for your valuable suggestion and clear inputs on new HNI rule....keep posting ..thanks...blessing from from forum members...

As per the analysis of past IPOs,

There are approx 8k applications bidding at 14 lots(just less than 2 lakh) and approx 1k applications bidding between (2 to 10 lakhs) for IPOs having GMP approx 20%.

Assuming all these people will now bid in the small HNI category(2-10 lakhs). Therefore, the expected subscription in the small HNI category could be 3x.

But, this is going to be the first IPO with new rules. Hence, not all people will apply in that category. Therefore, my guesstimate is 2x subscription in the small HNI category for Campus Activewear.

@Hostpacker.... Are you sure about this..I.e. even big HNI applying with 10L applications will be alloted shares worth 2 Lace only. I have sought this clarification but found nowhere. I later decided to learn after this IPO allotment. If that is the case allowing chances of 14 lots will surely be more in 10 lac category. Can you share any official notification , or anything that will certify this.
Thanks

Here Category is not changed . Only reservation is there for Application size 2 lakh to 10 lakh and Above 10 lakh but Minimum Application size is same for NII. i.e. 14 lots.
Let's see It will be clear on 4th may ( BOA).

Just to say Go for these IPO & Hold it for long term it'll give good returns!!

SEBI CIRCULAR PAGE NO 3 POINT 4 B
https://www.sebi.gov.in/media/press-releases/dec-2021/sebi-board-meeting_55018.html