If i applied 13 lots of Rs. 190125/- through ASBA without cut off price then it will consider under HNI category or not ? Value is less than Rs. 200000/- so i am confused it will consider as HNI or not ? Please anyone expert advise and help me to clear my doubt.
Means if i apply for 14 Lots then it will consider under HNI, Right ? But about maximum amount written there. I have experience to apply IPO under retailor category but new one for apply under HNI so, please help to breif me.
How many Lots and what price i need to apply under HNI category ? 13 Lots value only Rs. 190125/- which is under 2 lacks so i am in doubt. Please expert advise about Lot size and price so that application consider under HNI.
They are very strong in R&D. Most of the senior management employees are from DRDO/ISRO/HAL/BEL. They are having their own very good environment test laboratory (environment test qualification is a serious test in Space/Defense products). Since the firm is small, promoters are having a good control over the organization activities. Promoter Srinivasagopalan Rangarajan is an IIT''ian.
The company''s manufacturing facility consists of a 100,000 square feet factory built on 5.75 acres of land in Chennai, which has facilities for design, manufacturing, qualification, and life cycle support of high-reliability electronic systems used in defense and aerospace applications. The company is also planning to acquire an additional 2.81 acres of adjacent land for further expansion. As of July 31, 2021, Data Patterns had 760 employees with more than 450 qualified engineers.
"Is this information true??" -- I know where they have office in Chennai. There is no adjacent land available for expansion. It is having office in SIPCOT IT park with many IT companies inside the IT park. I have many friends who worked here. Just want to know from where this information came.
@NKRAI Land acquisition i am not sure. But they having lands in Oragadam, Chennai and office in Mambalam, Chennai also. Also they having another office in Navalur IT park, Chennai also which is especially for PCB and Mech design. SIPCOT plant is the major R&D, Production and Testing facility.
Land Acquisition is not a major deal for the firms.
Guys, first time I have applied one application using upi. I approved the mandate in my icici mobile banking app. Is there a way to know the application number in the mandate(in bank app)? All I see is UMN, TRN ID and amount. How do we know for sure the mandate is genuine?
121.1. IProfitO| Link| Bookmark|
December 16, 2021 11:08:20 AM
Top Contributor (200+ Posts, 100+ Likes)
Today evening you will get the application number via mail and receive message also.
120. Learner SK| Link| Bookmark|
December 16, 2021 10:37:28 AM
Top Contributor (1000+ Posts, 200+ Likes)
I head Karvy is allowing third party application whereas Linkin is not. Is it true? Does anyone got third party allotment from Linkin as RTA. If third party is not legal, how come SBI and few other banks are allowing it. Is it optional in the hand of MB (merchant banker) and RTA ? (So in case of undersubscribed issue, they will allow and otherwise not)??
experience says it''s true because i never get allotment in third party asba when registrar is linkintime but i get third party asba allotment when it is karvy...!!
Can someone tell if a normal retail investor can go via HNI route? Are there restrictions? Can ASBA be used? What''s the min amount and what''s the cap?
Minimum amount for data patterns is 204750 Maximum no limit . No restrictions You can use asha But price you must enter manually
119.2. Learner SK| Link| Bookmark|
December 16, 2021 10:38:40 AM
Top Contributor (1000+ Posts, 200+ Likes)
Min is just above 2 Lakh. Yes normal individual investor is eligible.
119.3. colcol| Link| Bookmark|
December 16, 2021 10:42:08 AM
Top Contributor (400+ Posts, 100+ Likes)
There are no restrictions. Minimum amount is 2 lakhs. Maximum amount is the total size of the IPO you are eligible to bid for. Using ASBA is the only option in HNI
I have applied after 4 pm today .. in status it is showing as " Your Application is blocked". And amount is blocked from account. Can anyone tell what does that mean? My application is rejected or accepted?
Hi Gurus, can we apply now and accept the mandate tomorrow after the mapmyindia funds are released? or should we accept DataPatterns mandate today itself ?
-You can use the UPI ID linked to any of the banks that currently supports UPI ASBA to place an IPO application bid through Zerodha.
The bank doesn’t need to be mapped with Zerodha as a primary or a secondary account. The only requirement is that you should be one of the account holders in the bank account linked with the UPI ID that you are using to apply for an IPO.
You cannot use the UPI ID of a bank account of a friend or a family member where you are not an account holder.
Hi a newbee query here,wanted to apply a single lot in HNI for 1st time, 1.since it doesn''''t allow at cut-off price,what price should one bid for allotment. Some other doubts regarding HNI application- 2. Is application done in multiple of lots post 2L amount,i.e in this case 26 lots is min. For HNI so if one has to apply multiple lots in HNI does it have to be in multiples of 26 or can one apply 27,28 lots. 3. Also if one has money for say 50 lots and since subscription is way over what is a better bet HNI or simple retail.Beacuse in proportion wise I don''t qualify so might as well try the lottery or am I getting this wrong? Sorry a complete novice here.Please guide.
1. Enter the price at the high band 2. Multiples of 25 after 350 (min bid for HNI category) in case of Data patterns 3. HNI is better as the allocation probability is high. Assuming 200x subscription in HNI the chance is 1/4 whereas in case of retail the chance might be 1/30 (Assuming 30x in Retail. But could be higher as well).