141. abc xyz| Link| Bookmark|
June 29, 2023 1:45:35 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Cyient DM is a qualified supplier to global OEMs in the aerospace and defence, medical technology and industrial sectors.
GMP is also above 100. It's a definitely good ipo for subscription.
As the defense sector is a 🌟 Shining sector & likely to be benefited still more. In view of these going to apply FF & bought ( added ) again Data Patterns & MTAR .
140. M Gupta| Link| Bookmark|
June 29, 2023 12:17:22 PM
IPO Guru (1000+ Posts, 3100+ Likes)
I think Cyient is better than Indiaforge from RoI angle.
upi - invester type - individual bid 1 - number of lot to purvhase 14 (784 share ) cut off price un tick bid 2 - number of lot to purvhase 14 (784 share ) cut off price untick bid 3 - number of lot to purvhase 14 (784 share ) cut off price un tick
does my application is considered as Sni aur retail as there is no option for choosing SNI and retail
same in zerodha there is no option for retail and SNI so i just full 14 lot and place is it right way to apply ? one more question what is use of bid 1 ,2 ,3 should is use it or not ? applying for sni category ?
133. Bullrunner| Link| Bookmark|
June 29, 2023 8:29:46 AM
Top Contributor (400+ Posts, 100+ Likes)
Lagta hai inke employee ideaforge ke employee ki tarah paise vale nahi hai. Ya fir salary kam hogi. Tabhi to employee category me subscription kam hai.
Market regulator the Securities and Exchange Board of India (SEBI) on June 28 said it will reduce the listing timeline after an initial public offering (IPO) to three days after the closure of the issue from the present T+6 at present. 'T' is the day the issue closes for the subscription.
"The revised timeline of T+3 days shall be made applicable in two phases i.e. voluntary for all public issues opening on or after September 01, 2023 and mandatory on or after December 01, 2023," SEBI said.
Sensible move by SEBI. Further "In the existing timeline, the registrar finalised the basis of allotment and submitted it to the designated stock exchange for approval on T+3. In the new timeline, this will be done on or before 6 PM on T+1." It will be interesting to see how slow coach RTAs like LinkInTime, MASserv n some others complete this in time? Most of the time they struggle with BoA even on T+3 days.
i think this will result into very high over subscription in NII category for SME ipos. HNI with sizable funds will now incentivized to invest here as they will be able to rotate more.
Gonna tough for small investors to get allotments now.
In mainboard IPO, i think impact will be limited in BHNI as allotment is not proportionate basis which does not attract HNIs.
132.4. Trueinfo| Link| Bookmark|
June 29, 2023 8:16:53 AM
IPO Guru (1800+ Posts, 1700+ Likes)
Yes, it's in benefit of all. Everyone will be able to utilize his funds in more number of IPOs. Overall a great reformatory step.
131. DuckkyDuck| Link| Bookmark|
June 28, 2023 11:06:56 PM
Top Contributor (200+ Posts, 200+ Likes)
Unless bHNI crosses 5 times of sHNI subscription (which seems unlikely), its better to go for bHNI with as many accounts as you can and use the rest for Retail applications or sHNI if sufficient money left. Cyient will in all probability give better chances of allotment. I would have gone with First choice: Cyient 2 bHNI+3 retail Idea 1 sHNI+ 4 Retails
Or Second: Cyient 1 bHNI+1sHNI+3 retails Idea 1bHNI+ 4 retails
(@ValueSeeker advice is also good for me, if one wants to target idea more than cyient))