Dear member, I want to Apply for BHNI via HDFC Bank ASBA. On clicking on the dream folks IPO option, it is taking me to the bidding page as retail client (It does not have the HNI option) and the field is not editable Although I have able to bid for 67 lots, will this be catering both both categories, or I am doing something wrong.
Hi @Ashutosh, I apply through HDFC ASBA for HNI applications. The page does not show whether you are retail or HNI. You need to specify the number of shares (in your case 67 lots multiplied by lot size) and not lots. After you complete the form with all details, when you are going to submit, it will show you that you are applying as HNI and can't modify orders. If its more than 10L, it automatically gets categorized as BHNI.
@ Mravichandran @ lokes @ K atar @ avenue @ Trueinfo @ MonsterZero @ noorul . Kindly guide i should I apply here I have 2 acc 2sHNI or 2 retail or 1 each thanks
@Kanwarjit, my suggestion is 2 sHNI In retail, you may get only 15K worth shares, but if you are lucky in sHNI you may get 2L worth shares... (Dream high...this is Dreamfolks 😉)
166.5. Trueinfo| Link| Bookmark|
August 26, 2022 12:53:40 PM
IPO Guru (1900+ Posts, 1700+ Likes)
2sHNI, bro
166.6. K.Atar| Link| Bookmark|
August 26, 2022 1:05:28 PM
IPO Guru (1000+ Posts, 700+ Likes)
@ Kanwarjit Put 2 Shni application. In retail you may get 1 lot whereas in Shni - if allotted,. You will get 14 lots , you may choose to hold or sell as per your funds requirements.
However there is 1 or may be 2 SMEs too. I hope you have separate funds for that too.
@ Trueinfo thanks for the reply. @ K atar thanks for the reply. And yes I am keeping some funds for SMEs also. Will ask for your guidance in these next week. Please need your guidance.
@ lokes. @ avenue. @ noorul. @ Trueinfo. @ K atar. @. Monster zero. @ Eva. @ MRavichandran Good morning everyone. Kindly guide. I how to invest here. I have 2 acc . Should I apply 2 sHNI or 2 retail. or 1 each of them. Thanks
@Kanwarjit... most respectfully, why do you ask same question... You can decide yourself which category has better chance of allotment and apply in that, especially now as rules are almost same in Retail and sHNI and now even sHNi subscription is separately visible.
Let me explain : if both Retail and sHNI are subscribed 30x, chances of allotment are 1/30 in retail and 14/30 in sHNI (with some variance because of actual applications no.). so allotment chance in sHNI are 14 times more but remember in sHNI you will get minimum 14 lots.
@Karwarjiit... Nothing so be sorry about and that is not what meant. Since I see you as regular participant here, I actually want you to learn these basics. Even I have learnt what all I know here only. No wasting of my time and in fact I am sorry if I sounded like that.... Best wishes...
@ Avenue sir it because of guidance of great persons like u in this forum I have learnt a lot. And I have gained confidence to apply in HNI CATEGORY. You are always soft spoken and genius persons have right to teach unknowledgeable person like me in their own style.
164. jay here| Link| Bookmark|
August 26, 2022 12:45:28 PM
IPO Mentor (800+ Posts, 700+ Likes)
Can anyone please explain hni lottery in detail? Example shni is 20x what are the chances to get 1 application(14 lots).Is it 1/20 as same as retail?or something else.
Either SHNI or BHNI, allocation depends on application wise subscription which is not available. What is displayed here is value wise subscription. Assuming if application wise subscription is 10X, your chances will be 1:10 to get 14 lots.
for shni in axis asba i've selected nii with 644 shares and 326 price but i'm getting error: "This category is not avaliable for bidding for this IPO" how can i apply shni application in asba?
Its Facevalue is Rs. @ , MEans they offered share at price of Rs. 1630.. Looks like histroy of cartrade repeats.. like they offered at 1620.... Dont waste your money.. Dont apply if subscription is not enough for listing gain.
Nothing is positive in ipo. 1, Its OFS ,most of ipo of OFS negetive, CARTRADE, 2 . Subscription is very Bed 3. . Company is loss making so retail portion is only 10% . So what is positive than i can apply with full force? 4 profile is not good.. 5. Facevalue is Rs. 1 means share price is 3300 per share...They just try to show that a good company via various sources like LIC IPO. Think twice before apply.. Only apply if subscription is good.
158.1. DownriteVJ| Link| Bookmark|
August 26, 2022 12:40:37 PM
IPO Guru (1400+ Posts, 1200+ Likes)
1. Okay 2. No, wait till 3 3. Company is not loss making. Also temp loss was due to covid hit industry 4. Profile is actually good and they have a good share in it right now. Potential is good. Also airline industry will have a higher footfall in coming years so this will benefit out of it 5. FV doesnt matter this way for calculation
Thanks
157. jay here| Link| Bookmark|
August 26, 2022 12:38:22 PM
IPO Mentor (800+ Posts, 700+ Likes)