Allotment is equal to real lottery without any risk of loosing money Trick Retail Apply as many number of applications as you can Shni Apply from family bank account only trusted ones BHNI never had funds to apply that much quantity I’m a dumb person chasing probabilities and luck 🙂
270. Takamichi| Link| Bookmark|
August 28, 2022 3:39:52 AM
IPO Mentor (800+ Posts, 700+ Likes)
While travelling, got to see its name on the banner at Primus lounge guwahati airport.....
269. KAPPO| Link| Bookmark|
August 27, 2022 3:39:54 PM
IPO Guru (1200+ Posts, 800+ Likes)
TAMILNADU BANK IPO 5 TO 7 SEP CONFIRM 10% RETAIL PORTION
269.1. Smile.| Link| Bookmark|
August 27, 2022 3:47:52 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Bit surprised Why only 10% for retail. PAT continuously growing FY-Total Income-PAT(cr) 2021-4253.4-603.33 2020-3992.5-407.7 2019-3638.8-258.6 and for FY2022 pat jumps to 822 cr from 603 cr. Injustice on retailers.
Apart from last three years profitability,there is some other criterias which decide the retail quota percentage in an ipo.Those can be found in sebi icdr regulations 2009 chapter III part I clause 26.
267. ManishDwiv| Link| Bookmark|
August 27, 2022 3:44:55 PM
Top Contributor (600+ Posts, 200+ Likes)
Tamilnad Mercantile Bank Limited IPO
IPO Open : 5-Sep-2022 IPO Close : 7-Sep-2022 Basis of Allotment : 12-Sep-2022 Initiation of Refunds: 13-Sep-2022 Credit of Shares : 14-Sep-2022 IPO Listing Date : 15-Sep-2022
@Earthking I don't think there is any need for happiness in waiting for Bank IPO. May be good for short-term. Generally Bank IPOs are not even good for short-term. The Banks all with lot of NPAs. There are many examples in last 3 to 5 years. All don't believe in Short-term. May be good for selling on listing day. No doubt CSB Bank is near IPO price. 52 week high was no doubt 355. Exceptions are always there.
267.3. Earthking| Link| Bookmark|
August 27, 2022 11:58:31 PM
IPO Guru (1300+ Posts, 500+ Likes)
I am waiting since my family holding a small amount of shares from my grandfathers time ... also unlike other banks , TMB is mainly into high margin traders and retail accounts with less NPA ... so def it commands premium ... lets c ...
1) Asba works from one bank to different broking firm provided Asba is supported by your bank. In my case, I have applied HDFC bank ASBA with Prostocks.
2) yes Zerodha allows HNI application. Recently I remember UPI increased to 5 Lakh, not sure if it is reversed back...
266.2. K.Atar| Link| Bookmark|
August 27, 2022 10:30:13 PM
IPO Guru (1000+ Posts, 700+ Likes)
Under 5 lakhs application by Zerodha UPI mode is still working. Some brokers have enabled and some haven't.
Guys I have applied in SHNI but withdrawal of Money from zerodha will credit amount on 27th aug 2022 around 11am. But problem is IPO is closing today can i accept mandate tomorrow which i got today @ 3.30. and it wont get rejected.
Thank you so much....wanted confirmation before opening a minors account.
263.3. K.Atar| Link| Bookmark|
August 27, 2022 6:04:54 PM
IPO Guru (1000+ Posts, 700+ Likes)
Go ahead Mark, Prostocks is the best . Their customer support is fabulous.. they will guide you. And later fix . Better opt to give poa also to sell smoothly.
263.4. Smile.| Link| Bookmark|
August 27, 2022 6:20:37 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Which bank allow minors to apply for ipo through asba or upi? Many banks not permitting this.
See syrma gmp a night before listing went to below rs 40, but we saw a spectacular move post 10 am Gmp matters only those who look for listing gains. Have faith on the business and this being a monopoly business would give good returns
All You Have To know Dow Jones Down 1000 Points Just Because Of Expiry Game … You Will See 200-300 Points Pull Back In Futures Monday Morning Itself. Not To Panic …. FIIs will Continue To Put Money in Indian Markets. Happy Weekend 😇
On chittorgarh oversubscription in BNII (above 10L) is 40 times, but my broker says allotment ratio will be 2:15, means every 1 out of every 7 applicant will get allotment.
If subscription crosses 1X, then allocation is based on lottery.
If subscription is less than 1X, then you will get allocation proportionately based on number of lots....higher the number of lots you apply, higher will be allocation.
@SuneelP Sir... I have applied for 1 SMALL HNI bid. and have also applied 1 retail application based on UPI. I saw market correction prediction, Should I expect the mandate or not. Thank you in advance.
@SuneelP. Thank you Sir. I will accept mandate today. Best of luck for big profit. It is great feeling to come across guys with same name. I work in an IT company currently posted in Goa. What about you?
We had a big discussion earlier, almost all expressed their willingness for Goa, except SuneelP. I think he does not like our company.
258.12. K.Atar| Link| Bookmark|
August 27, 2022 4:07:27 PM
IPO Guru (1000+ Posts, 700+ Likes)
@Avenue , if too would like to join in Goa, things are settled back home, wouldn't be a disturbance. Why @SuneelP feels shy about it ? Saving funds for IPOs 😉 Just Joking. PDM.
@SuneelP... This trip in not any time soon, may be December, we have a long way to go. We all will discuss in due course and if you believe us it will be fun. We already had so much fun even in planning. Planning a tour is half fun and in fact even I may not go on trip. I am not getting what is stopping you and all are auncious to welcome you...
@Noorul & Avenue, even though I registered here recently, i have been following you all for a long time. How does one get in touch with you, other than on this forum? If you are planning for a get together type, I would love to join (unless it is a closed group/restricted only to seniors type). Pls let me know, thanks in advance.
You are absolutely right. This group is going so nicely. All douts and queries solved very promptly. I am very much thankful to all the members who are participating here and expressed their views. All are contributing here as per their knowledge. One should take proud to be a member of this group.👍🙏🙏
257.1. K.Atar| Link| Bookmark|
August 27, 2022 6:57:29 PM
IPO Guru (1000+ Posts, 700+ Likes)
Suzlon could be risky and rewarding as well. Buy as per your favourite category. Buy in sip ..sell in sip ... I'm 50% sure fall could come upto 17100..but can't say because DIIs could hold the market by just buying the nifty50 and rest everything will show fall or vice versa. As u must have seen yesterday market was +ve but midcap and small cap were down 3-4%. IT will suffer if overseas markets are suffering.
Key stock to pick here is tata elxsi....if falls under 8600..grab in sip 1 share for every 200 Rs fall after 8600, ..8600,8400, 8200.
Not every stock will hit bottom hence the sip buying.
256.5. ipo share| Link| Bookmark|
August 27, 2022 12:42:10 PM
IPO Guru (1600+ Posts, 800+ Likes)
@Monster Zero Thank you very much Sir for sparing your precious time and giving list of prospective stocks. 🙏🙏
Monday Nifty may tumble 400+ pts due to severe sell-off in US market on Friday. Lucky are those who pulled money out on Friday to re-invest coming week..
Dear Admin, May I request you to think for one more rank as" SUPER GURU" for those who are beyond the reach for their contribution to this Group. To best of the efforts by Members and the 'Admin' the Group is going 👌 Great. I hope Members will also appreciate my feelings if I am not wrong. Thanks.