How are shares alloted in non institutional category in ipos if they are subsribed 100 to 300 times in most of the good ones these days ?
If i apply for 1000 shares in non institutional category and the issue is subscribed 150 times in that category , how many shares will i get ? Thank you
Hello lot size is 12 shares so u can't apply for 1000 shares. U can apply for 83 lots or 84 lots. Do you mean 1000 lots? If nii category is oversubscribed 150 times then you will get one lot confirm if you apply for 150 lots. U will get 2 lots if you apply for 300 lots. U will get 6 lots if you apply for 900 lots. Regarding 1000 lots I shall reply u later
If you apply for 75 lots there is 50% chance that you will get one lot in lucky draw and 50% chance that you will not get any share. If you apply for 30 lots there is 20% chance that you will get one lot
2 अलग-अलग PAN के साथ मेरे दो डीमेट a/c है IPO में अलॉटमेंट मिलने का चांस किस situation में ज्यादा रहेगा: 1- दोनो से न्यूनतम 1 लॉट के साथ आवेदन करने की स्थिति में 2- दोनों से अधिकतम लॉट आवेदन करने की स्थिति में यहां मेरा एक और सवाल है यदि रिटेल में IPO 10 times subscribe हुआ है तो उस परिस्थिति में किसी ने 13 लॉट के साथ दो application लगाई है और दूसरे ने 1 लॉट के साथ दो application लगाई है तो किसे allotment मिलने की संभावना है।।
179.1. BubbleBoy| Link| Bookmark|
September 21, 2020 9:02:15 PM
Top Contributor (400+ Posts, 100+ Likes)
In case of over subscription in RIIs, APPLY ONLY 1 LOT on Different Pan Cards. :)
174.4. Aniketiaf| Link| Bookmark|
September 19, 2020 11:14:43 AM
IPO Guru (1800+ Posts, 10200+ Likes)
Devenkme, Thanks for your concern but unfortunately In Route also, I scored 0/6. It happened after many years when I have applied with full force and scored Zero in two consecutive IPOs. But not at all disappointed as l have full faith in sologn - " ACHCHHE DIN AANE WALE HAIN"
Thanks.
174.5. God is Great| Link| Bookmark|
September 19, 2020 11:22:50 AM
Top Contributor (300+ Posts, 200+ Likes)
Really we appreciate aniketji,eagleeye mam ,and others ipomenter & ipo guru review..in future if possible,give your review as soon as possible..
174.6. SHANI| Link| Bookmark|
September 21, 2020 1:38:37 AM
(300+ Posts, 300+ Likes)
Thanks a lot aniketaf sir. As always nice advise. It will help
Thank you for the very crisp & important information, especially for the new investors who want to apply for the IPO. I am thinking of applying 1 lot each in Chemcon & CAMS with different accounts to increase the chance of allotment.
@Aniketiaf Looking at the current stats I doubt CAMS will be subscribed subscribed 3.5-4 times (No of Application wise). It seems like not even more than 2 times. What listing gain/loss would you anticipate for worst case if it not subscribed fully for even 1 time?
174.12. BubbleBoy| Link| Bookmark|
September 21, 2020 8:58:24 PM
Top Contributor (400+ Posts, 100+ Likes)
I am new in share market i have also the question " Can I apply for 5 application of different name from 1 saving account of AXIS Bank or ICICI Bank or Kotak ?? please answer
I think the employee quota shall remain undersubscribed by the end of the 3rd day and we are going to be benefitted proportionally from their reserved quota.Foolish employees will sacrifice 122 Rs. discount per share for us :)
Yes, I also agree with comments from Aman.raj & Kumudji. We want to know that what is your reaction on it ????? and You will subscribed or avoid this IPO
Already subscribed both the IPOs today itself in the morning and hopefully foolish employees have increased even more chances of allotment in CAMS... :)
Everyone is waiting for others to apply first. Apply blindly and get benefitted like Route, Rossari and Happiest Mind.
171.6. Aniketiaf| Link| Bookmark|
September 21, 2020 5:12:18 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Aman.raj ,
If employee quota shall remain undersubscribed by the end of the 3rd day ... It not necessarily means - Jab employees ko hi faith nhi hai...... Rather it may indicates how poorly they paid (Low salary) .
Since I couldn't get any of the last two IPO. I was trying to apply through one CAMS employee in such a way that I will lend him money to apply and the profit will be shared in 2:1 between us.. Earlier he was ready, now Company is giving them an advance salary so the deal is off. seems bad luck continues... I will be super happy if the employee quota is undersubscribed :D
171.11. BubbleBoy| Link| Bookmark|
September 21, 2020 8:52:43 PM
Top Contributor (400+ Posts, 100+ Likes)
@SAtishKumar
Anchor list of CAMS is toooo good. Even PPFAS invested 7cr into this ipo, whereas ppfas was hardly seen in any of the ipos. And PPFAS is known for Value Investing. This is indeed a portfolio stock. Don't enter if you want Heavy Listing gains, you may be disappointed. :)
@ANIKERIAF.. What should be the investment stretagy for this ipo after today's correction... Are u still applying with full force or just wait & watch call for us....
169.1. Aniketiaf| Link| Bookmark|
September 21, 2020 8:27:53 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Already applied in Cams & Chemcon through all my accounts. Thanks.
Sorry, its not secondary market forum, but can someone guide me about GMM OFS? I bought 5 shares at 5300. Read that OFS will coming at 3500. On 23rd sep there will be OFS for retailers. I want to know that is there minimum amount/bid/no of share retailers need to apply? Or i can bid for any no of share? Once again sorry for asking this in cams ipo page.
It is the same...any retail application above 2 lakh comes under HNI category... The allotment happens proportionate subject to minimum 1 lot... To have a confirm allotment in HNI one needs to apply minimum 'n' number of lots...where 'n' is the number of times HNI portion is oversubscribed... For those who have applied lesser it is possible to be allotted but that chances are very minimal and it will again be lottery like retail quota... For ex: if HNi portion is oversubscribed by 100 times...every one who applied for 100 or more lots is guaranteed one lot...those who applied 200 lots and above is guaranteed 2 lots...and so on... For those who applied less than 100 lots it is lottery ... To understand better you can see past ipo basis of allotments you will get a really good idea...
Please correct me if anyone finds anything wrong...
THANKS A LOT FOR A DETAILED ANSWER. IT'S CLEAR FOR HOW TO APPLY.
AS FAR AS ALOTMENT IS CONCERNED, WHAT I UNDERSTAND IS IF I APPLY 100 LOTS IN NII CATEGORY THEN CASE - 1 IT IS SUBSCRIBED MORE THAN 100 TIMES IT BECOMES LOTTERY EVEN FOR 1 LOT (LIKE RETAIL). CASE - 2 IT IS SUBSCRIBED LESS THAN 100 TIMES I WILL GET 1 LOT AT LEAST AND FOR OTHER LOTS IT'S A LOTTERY.
Is nii category available in SBI asba? I apply in retail category and don't remember having seen option of nii category. I plan to apply in nii category occasionally.
CAMS....... a Portfolio Stock for long term...... having good dividend payout record....Considering increasing trend of mutual fund investments...and the same is expected to continue So irrespective of less expected GMP (compare to chemical company ipo) on listing...
I am guessing that there will not be an allotment in Chemcon, that is the reason for maximum qty to apply for CAMS and we hope that I get 2-3 lots allotment from this IPO....