why am i getting discount while applying dharmaj crop ipo using Sbi ASBA options lot price is 14220 but sbi giving me at 13620 rs any one explain please
Is it possible to create huf by ourselves easily or it's too complex process and must require CA help. How and where to begin for this.. Any help is highly appreciated.
@cliqx no it's not complex, but you don't want to go with Government bank hassles than opt private bank like hdfc or axis, and no need for any CA consultation, only in private Bank you need to keep more minimum balance compared to Govt banks. Just you need HUF deed first and then PAN card , that's all. I don't exactly remember when I formed huf deed it was in 50 or 100 rupees bond but procedure is neither expensive not complex. 100 rupees for deed and 200-300 for content writing and pan card 150 max that's all.
Hello Investors, Need suggestion... Trying to apply in this IPO through Upstox App and UPI mandate, but due to technical issue of Bank (J&K), Auto pay failed twice, Do we need to reapply only after deleting the application or is there any other method, please suggest, today is last day, I am applying only 1 Lot as issue is already oversubscribed... Thanks in Advance
Hi Bharadi, you need to withdraw the previous applications placed and place a fresh bid. Only one valid bid application is allowed and in case of multiple applications from the same PAN holder then those applications shall be straight away get rejected but the Registrar and Transfer Agent. Hope you're clarified now :)
Emerging agro-chemicals player with B2C & B2B customers with B2B major revenue driver. Exports to 20+ countries in Latin America, East African Countries, Middle East & Far East Asia. Fresh issue going for Capacity building (backward integration & R&D) but also has HUGE scope from current capacity. Business has seasonal fluctuations & considering 14.54 PE based on 4M annualized earnings won't be ideal given seasonal impact. Paid Dividend in FY22. Yearly revenue & OPM has show continuous improvement. Debt looks reasonable IMO. Sizeable working capital, monitor movement post listing. Asking valuation is reasonable considering huge capacity available & further capex planned. Monitor RPT's especially interest payment. I AM CERTAINLY APPLYING.
NO! I am saying I will personally apply & if I don't get I will add post listing. Haven't read a good RHP like this for a good length of time I can say.
I meant the same, applied for a retail lot, useless to enter HNI as I see... Also plan to add @ preopen this time. Please give your suggestions, I like your postings. I know it'd be difficult but really in need of a methodical/logical mentor like you.
I don't like to apply in retail unless it's a case like Global Health (medanta), where allotment chances are too high. Single lot in retail too small. So, SHNI/BHNI even if allotment chances are less. Also, I never sell my holdings to buy any share.
@focussme did you read the entire rhp? i tried reading tmb rhp and covered some 20pages and decided not to buy on seeing the legal issues within the company despite having a good revenue.can you guide me which topics to focus? i will try to read for upcoming ipos at-least some topics if not the entire one. my main idea is to make well aware of the fundamentals. thanks in advance.
How to modify one lot retail bid to SHNI in SBI-ASBA. Only option is delete retail bid and apply for new SHNI Bid. Modifications not able in SBI-ASBA. Please guide me. I want to modify my one retail bid to SHNI bid.
165.1. PLAZA| Link| Bookmark|
November 30, 2022 9:27:43 AM
IPO Guru (2400+ Posts, 1300+ Likes)
Can someone explain how BNII and SNII are allotted in case of oversubscription? For example, if BNII is subscribed 10 times and SNII is subscribed 20 times, how many shares are allotted in each category?
In bhni there will be 1 allotment out of 2 application and 1 out of 20 in shni both will be allotted 15 lots in case of dharmaj thats 2 lacs approx worth if shares
160.2. GJ Eighteen| Link| Bookmark|
November 29, 2022 6:56:54 PM
Top Contributor (300+ Posts, 100+ Likes)
Wrong, Dr. Shah, in case of BHNI : you apply for 5 lots of SHNI and if alloted you will receive the one lot equals to SHNI i.e. 2 lakh in both SHNI and BHNI case. Hence, if BHNI is subscribed 10x and all have applied 10 lakh lot not more than that than you have 1:2 i.e.50% probability that you will receive the allotment. Whereas in SHNI it is 1:1. Further, in SHNI 5% quota is reserved whereas in BHNI 10% quota is reserved. So chances are more in case of BHNI.
Off the topic, IRFC is rocking from last few days after it's below par performance during IPO time... it's good for those who are still holding.. Even other Railways stocks like Ircon, RVNL are also on their dream run...
Hi Techuser, I generally avoid psu stocks.. but I am holding railways shares IRFC, Ircon, Rites, Rvnl, Irctc and one psu share REC from ipo allotment time. I am re-investing dividends received in those.. I plan to hold these for long term.
Never hold IPO allotments but irfc (3) still in My portfolio My exit will be 38(1),44(2nd) and hold last for big targets Never ever doubt irfc performance, grossly under valued stock
159.8. Sharvam| Link| Bookmark|
November 29, 2022 9:37:08 PM
IPO Guru (1300+ Posts, 800+ Likes)
Even I hold 3 app since IPO... It's a long wait almost 20 months.... But finally it is buzzing.... Got Rs 3.25 dividend since IPO.....45 is my target as budget buildup in railway stock is yet to come
For retailers, 1 ही bid apply करना चाहिए वो भी सिर्फ cut off price पर ज्यादा apply करने का कोई लाभ नहीं होता, बेमतलब में 10 दिन के लिए पैसा फंस जाएगा और कुछ नहीं (अगर IPO subscription 1x से ज्यादा है तो) और अगर subscription 1x से कम है अर्थात पूरा भरा ही नहीं है तो apply ही नहीं करें , क्योंकि उसमें नुकसान की आशंका ज्यादा है।
Hi All, currently BHNI is subscribed 7.68.. I have read that we have to divide the total subscription by 5 to get exact number of times BHIN is subscribed as everyone will get minimum Rs 2 lacs lot in case of over subscription. Is this correct understanding?