1. Tentative dates are announced. 2. Offer price will be known 2-3 days before the issue opens BUT our forum has people who anonymously let us know the price much before it's officially declared.
So just wait.....
31. Finexpert| Link| Bookmark|
November 22, 2022 10:04:20 PM
Top Contributor (400+ Posts, 200+ Likes)
Any one has any idea, how the Employee quota is allotted, is it also based on Lottery? I mean Lets say, total available lots for employees are 10 and total employees in the company are 5, so we can say that each employee can apply 2 lots. what if some person applies 3 lots and other person applies 1 lot, will the person who applied 3 lots will get allotted 3 lots?
Also how does the registrar know that its the employee who has applied and not some random person? I know its a lame question but still needs some clarity on this.
29.1. UdanKhatola🛸| Link| Bookmark|
November 22, 2022 7:13:02 PM
Top Contributor (200+ Posts, 200+ Likes)
Registrar has employees pan number therefore if you aren't an employee your application will be rejected.
Allotment is based on subscriptions. If under subscribe then everyone gets what they have applied.
IPO Open : 28-Nov-2022 IPO Close : 30-Nov-2022 Basis of Allotment : 5-Nov-2022 Initiation of Refunds: 6-Nov-2022 Credit of Shares : 6-Nov-2022 IPO Listing Date : 8-Nov-2022
25. KAPPO| Link| Bookmark|
November 21, 2022 1:45:14 PM
IPO Guru (1200+ Posts, 800+ Likes)
*Dharmaj Crop Guard Main Board IPO*
*Anchor expected from 25/11/2022* *IPO expected to open from 28/11/2022* *Price band would be in range 235 to 255* *IPO size would be just above 250 cr*
Sorry, so far I've not pledged shares. So I am not the right person to comment. Senior members could help you. Thanks
22.2. UjwalG| Link| Bookmark|
November 21, 2022 5:38:42 PM
IPO Guru (1300+ Posts, 600+ Likes)
No you cannot do that. If you pledge your shares ,brokers cut some commision and that money is used for F&O only. You cannot simply pledge a Reliance share and take delivery of TCS share ( just an example). Besides ipo application requires money in the bank account
IPO allotment can be done only through ASBA and needed to be funded from Bank Account. So pledge or any other mode (other than cash) will not be permitted
22.4. Learner SK| Link| Bookmark|
November 21, 2022 7:47:36 PM
Top Contributor (1000+ Posts, 200+ Likes)
Jeevshri - pledging can create buying power for you. If margin for delivery is 50% as per your broker, by pledging say 10 k worth of shares, you can buy 20k worth of shares and pledged 10k will be used as margin. It can't be used for IPO.
22.5. Mr. Singh| Link| Bookmark|
November 21, 2022 10:38:35 PM
IPO Guru (1000+ Posts, 600+ Likes)
@jeevshri you may take loan against security from bank or nbfc. There will be charges and interest.
DEAR INNVESTORS When this ipos 's opening date and can some one send me the details of its fundamentals as well as opinion whether to apply in this ipo or not ? It seems that ipo is good.
jab tak price bank announce nahi ho jata tab tak kuch nahi keh sakte may next monday se start se ho jaye
18. Student.| Link| Bookmark|
November 20, 2022 2:31:23 PM
Top Contributor (400+ Posts, 200+ Likes)
I have a Doubt If I want To Create a OD Against my FD which i Booked On 5% 1 year Ago, and OD Intrest Rate is FD Rate+1% Then Will that intrest Will Calculate as 5+1=6% or Current FD Rate 6+1=7% And Will I Still get that 5% Intrest on FD even after Creating OD Against it? If Yes Eventually my Cost of Funds Will be 1% am i Right?
I'm going to suggest what I have been told when I first Arrived here play with the funds you have don't take unnecessary Risk.
You see think OD as a Credit Line which it is. you only get Charged FD5or6+1 For the amount and the duration you take. If you don't Utilities the Granted OD You still be Earning Whatever the FD interest Rate are. But be Clear about Renewal , Processing and any other hidden fees
Dear student. Think independently. You are getting 5% on your fixed deposit. Now on the other hand u have borrowed at 6% and kept in saving bank, which will earn u 2.7% again as far as u keep in saving bank account, thus it is having an implication of 3.3% for the period of credit. Rate of sbi considered here.
No doubt Linkintime is never on time. But it is giving allotment fairly. This year I got around 31 Lots in retail and out of these around 25 Lots by linkintime only. So, never blame anyone baselessly. It is totally on lottery system.
16.2. UdanKhatola🛸| Link| Bookmark|
November 20, 2022 1:32:12 PM
Top Contributor (200+ Posts, 200+ Likes)
@StockTerminator 💯 percent correct 😔
15. pRACE| Link| Bookmark|
November 20, 2022 11:50:25 AM
Top Contributor (200+ Posts, 100+ Likes)
SAH POLYMERS received sebi nod for its IPO, SAT INDUSTRIES LIMITED, UDAIPUR, RAJASTHAN
As much as I can understand, you want to get FD interest on certain amount and the same FD amount you want to use for IPO application. You can't do so using HDFC/SBI, however ICICI, Kotak offer such option.
For Kotak Bank create FD, link that FD with your savings a/c through internet banking (possible after 30min of FD creation). Apply for IPOs, if allotted, amount will be deducted from the principle amount and you will receive interest for the amount debited on your savings a/c. Kindly note to close the FD in future first you have to de-link the FD through internet banking. If you avail this facility your savings balance should be equal or more than Rs 10000 (this is not the minimum balance amount) at any point of time otherwise your FD will be broken accordingly in order to maintain savings balance of Rs 10000.
I have Kotak 811 a/c which is a zero balance savings account, I'm telling this with my context. I have no liability to maintain a savings balance but once I link FD with my savings a/c, I must maintain Rs 10,000 on my savings. Although IPO application/'Lien' can be made for the entire amount (savings+FD). Your minimum balance maintenance amount may be different.
There is another option called ActivMoney in Kotak, you may read from this https://www.kotak.com/en/help-center/bank-account/activ-money.html
For ICICI use 'The Money Multiplier' deposit option. In this your deposit is directly linked with your savings and IPO application/'Lien' can be made for the entire amount (savings+FD). In this case also you must maintain Rs 10,000 or more on savings a/c otherwise your FD will be broken accordingly in order to maintain savings balance of Rs 10000.
My father is having a ICICI Bank senior citizen account where the minimum balance requirement is Rs 4500. I'm telling this with my context. Your minimum balance maintenance amount may be different.
Please provide other views also.
13. abc xyz| Link| Bookmark|
November 19, 2022 4:10:13 PM
IPO Guru (1400+ Posts, 1400+ Likes)
Dharmaj Crop Guard Limited Issue opens :22.11 Issue closes : 24.12 Expected pb : 565/ Only 1 thing which is not good Registar Linkouttime 😂🥲
13.1. Aman Ipo| Link| Bookmark|
November 19, 2022 4:31:58 PM
Top Contributor (400+ Posts, 200+ Likes)
It is not possible for this to open on 22.11.2022 For that to happen, price band should have come by now.
13.2. Suraj....| Link| Bookmark|
November 19, 2022 6:14:17 PM
Top Contributor (400+ Posts, 100+ Likes)
Price band of 565 is not reasonable at all. If we compare it with it peers than price band should near to 230. At 565 it will be very expensive ipo both in terms of PE and p/b value.
my calculations in 15.3 is wring as i mistook fy 21 and 22 as fy 22 and 23 . so kindly delete or ignore that one. wish a price band of 25% plus GMP and profit to all ipo enthusiasts.