I have query on the account used while applying: I have 2 account with BOB and IDFC. Demat account Linked with BOB Account and if i am applying to IPO via ASBA from IDFC bank, will it be considered as Third Party ?
86.1. PLAZA| Link| Bookmark|
January 10, 2023 7:38:17 PM
IPO Guru (2000+ Posts, 1200+ Likes)
@elon One can apply .doesn't matter whether link with demat or not.
No it will not be consider as third party... Idfc allowed asba for the account holder name only
85. ipo share| Link| Bookmark|
January 10, 2023 7:06:03 PM
IPO Guru (1500+ Posts, 700+ Likes)
@lokes Please share your strategy in Ducol. Are you going to apply here and if so, with how much conviction?Importantly, previous IPOs handled by its LM has not given much of a listing gain. Gains or losses have emerged after post listing. So there comes element of higher risk. Don't know which way price will go. GMP now a days is not entirely dependable. Experience and deep knowledge of experts like you can definitely be of great help in such tricky situations.
85.1. lokes| Link| Bookmark|
January 11, 2023 11:22:12 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@iposhare: yes i am applying here....i have applied with most funds in chaman so applying with 4 retail applications only here....risk is very less here , so it can be applied in hni/retail as per funds available, it will list positive only and company fundamentals and financials also looks good....
85.2. Imhilli| Link| Bookmark|
January 11, 2023 1:08:04 PM
IPO Guru (1200+ Posts, 700+ Likes)
I have also applied 2 RII as no more funds available. Positive listing is beyond doubt.
85.3. lokes| Link| Bookmark|
January 11, 2023 3:51:18 PM
IPO Guru (4400+ Posts, 5100+ Likes)
subscriptions are good enough here....so less chances of allotment in retail as usual...
@trueinfo.. I didn't applied in Chaman.. because of too high subscription. Applied here with FF.. subscription figure is not in line with demand because huge fund already blocked in Chaman. And your estimate of 100x is not possible in any case in HNI category. As per my experience HNI category won't even cross 50x.
84.5. Trueinfo| Link| Bookmark|
January 10, 2023 5:47:45 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@quite logical @ Noorul. Surely you will have assured allotment here, and possibly with very good listing gains. All the best. We learn a lot from your decisions and analysis.
@smile.. earlier I was expecting 3-4 lots but now I think will get 2 only. Fiis jump in here and applied heavily so the hni figures rising significantly. Already sold both the lots in grey and bought chaman against them.
@Noorul - Few questions, just for my academic knowledge. When you say that you sold 2 Ducol lots in grey: 1. you will have to compulsorily transfer 2 lots to the offline buyer? In case you don't get allotment, then you have to purchase from market and transfer? 2. how the transfer happens...through DIS/e-DIS? 3. Payment settlement happens online or cash? Thanks Chief!
84.10. Trueinfo| Link| Bookmark|
January 11, 2023 3:38:20 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Noorul, I predicted two lots for you. Looks the same, as you also acknowledged. Good subscription in the end and most likely good listing gains.
84.11. Smile⏏️| Link| Bookmark|
January 11, 2023 4:36:43 PM
IPO Guru (1600+ Posts, 900+ Likes)
@noorul. U r great. Track obtained by u is superb. Irrespective of subscription figures, seiling in grey is vise decision bcoz no one treat this as this as safe bet. You are shifting say money towards Chaman is again master stroke
@Smile .. I applied here because I was confident about the company and subscription figures even when there was too ifs and buts in the air for this IPO. In Chaman there would had lottery for me in that many lots and here both allotment and listing gain is confirm. And this company also have lot of potential to perform well and I will try to buy one lot if available at good price. @Trueinfo.. good luck to u too for Chaman allotment. I also applied 3 lots hni in Chaman just to follow the custom :)
@Vinny : I can't tell the whole process here it's bit lengthy one.. just want to clear your doubt that there is nothing like transfer of shares.. and in case of no allotment I have to pay the listing difference from my pocket.. for more information u have to check mosxh page and test ur IQ level :)
@kohli. I m not tracking it.. but just saw the price and it's running good. Enjoy.
84.14. Imhilli| Link| Bookmark|
January 16, 2023 4:23:17 PM
IPO Guru (1200+ Posts, 700+ Likes)
@Noorul and all who apply and manage funds in crores How do you keep your funds? In savings or some other accounts? Is there any better way to get interest better than savings? I use ICICIBANK flexi deposit money multiplier scheme... just want to know if there is any other options which could be better than this.
@noorul sir @imhilli sir even i want to know how to get fd returns and still be able to apply. I guess kotak allows ipo application on fd ? Does icici also provide the same scheme? Are there any banks other than these two?
@noorul sir @lokes sir @pkraj sir @arca sir @takamichi sir @ssingh sir @mravi sir @trueinfo sir @jay here sir @imhilli sir sorry for commenting again. Just want to know how can we park idle funds in some type of fd(like kotak bank allows) and would also able to use that amount for ipo application. Is it possible? Or there any better way of doing this.
84.17. Imhilli| Link| Bookmark|
January 17, 2023 7:23:59 PM
IPO Guru (1200+ Posts, 700+ Likes)
@Mr Investor Sir, I use ICICI BANK and ICICIDIRECT for IPO and use this facility. You can make flexible FD money multiplier scheme and park your extra fund. I have heard that HDFC also provides it, but don't have any primary experience.
84.18. jay here| Link| Bookmark|
January 17, 2023 7:46:52 PM
IPO Mentor (700+ Posts, 500+ Likes)
@Mr.investor I manage multiple accounts and Im an active trader/investor,so for me to invest in such schemes is not worthy.I let my idle funds park in saving acc only. So not aware about any good schemes🙏👍
@imhilli sir so does it happen like this for example a lot of an ipo is 1rs and if i have 100rs and i know maximum lot i can get is around 10 i.e. 10rs. So by leaving 10rs in my savings ac can i apply the ipo with 100rs total?(90rs being in fd and fd is not broken for the ipo until debit amount is more than balance in saving a/c)
84.20. Imhilli| Link| Bookmark|
January 18, 2023 9:59:38 AM
IPO Guru (1200+ Posts, 700+ Likes)
Yes. Conservatively you can do so and I follow the same. But even you can keep all 100 in your FD. If allotted, what I have heard is that, only 10 rs will come out and FD of rest Rs 90 will continue. There is no charges for break of FD. But I never checked it till date.
Post Homesfy's experience and profit earnings, by expecting around 45-50 times, have applied for 185 lots, to get at least 4-5 lots, will modify if subscription increases. Which I guess will surpass my estimation. Let's see.
Disclaimer: I earned profit in Homesfy but lost money in Moxsh too, so I would like to put my disclaimer for Retail and SHNI, apply only after your study and checking risk taking abilities as most of the HNI's applying big either hedged their position or have a big risk taking capacity. Worst case scenario, one must be ready to get negative returns also as nobody knows beyond the point what will happen. So apply only if you can take that and don't get influenced by my application size.
Does AU Bank Allows 5 Asba application in an IPO with Different PAN?
80. Venkatram| Link| Bookmark|
January 10, 2023 3:44:06 PM
Top Contributor (300+ Posts, 100+ Likes)
For those thinking of applying. Do note that we will have limited demand (Big Issue size and the money being stuck in Chaman) and also low GMP. Do note that gains will be max will be 10-20% with a downside risk of 5%. Do take note. It might underperform with easy allotment and low appetite.
But since I am more likely to get allotment. I am applying with strict stop loss.
78.2. Trueinfo| Link| Bookmark|
January 10, 2023 2:54:43 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@ Gaurav DD dimer, It's my fair guess. I genuinely feel so, with GMP on constant upswing, SME euphoria and Sah money being available. Could have been higher but for money blocked in Chaman. I think, it will be another successful IPO. Let's see. I know, with uncertainties galore, no body can say final word in share market.
78.3. Trueinfo| Link| Bookmark|
January 10, 2023 3:16:54 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Another reason for good subscription is the 'absence of any other good IPO in parallel to share the funds'.
Can anyone tell the best time to apply for any ipo. I am not getting allotment in any ipo, till the time I have applied for more than 15 ipos and didn't get any 1 in HNI and Retail as well. Mostly I apply on 1st day itself between 11:00-13:00
Please suggest that I get allotted for at least 1 ipo.
@ Eva Jones Keep changing the time and wait. But will not be able to change your LUCK. But keep applying like me. A beautiful line of Talat Mahmoodji's song : "SUBAH JHAROOR AAYEGI, SUBAH KA INTZAAR KAR". Mukeshji's song also : "VO SUBAH KABHI TO AAYEGI" I love these songs. Hope members will not mind.
time has nothing to do with allotment. It is depeneded upon number of times subscription and lottery.
77.4. jajo| Link| Bookmark|
January 10, 2023 1:06:08 PM
Top Contributor (300+ Posts, 200+ Likes)
@Eva Jones In an oversubscribed IPO the possibility of an allotment has nothing to do with the application's timings or days. It is purely based on your LUCK only in the allotment lottery process in selecting your application.
@Eva Jones :- Myself also not getting any SME allotment for the last 4 years. And in these 4 years got only 2 allotments in Main board IPOs. But never given up applying. Time of application has nothing to do with allotment. BUT IT IS NOT TIME FOR OUR ALLOTMENT.
So that particular time is good at which time you apply.
77.6. Shy| Link| Bookmark|
January 10, 2023 2:50:26 PM
Top Contributor (500+ Posts, 200+ Likes)
Hi Eva, even I'm not getting any IPO till dt. last I got was Tarson(Nov21) (LIC ,Uniparts which I got, many who applied got so...discounted them) here is what I did then I opened my mom's Demat. my money her luck she got Archean,Electronic mart & Unipart. So you should do the same apply multiple retail, who knows you will also get one. happy Investing/trading
I think IPO also follows FIFO. If you apply first chances of allotment increases. For eg if IPO is opening on 14th, then on 13th just after 12am, date changes to 14th and one can apply. Not wait till 9am to apply on 14th.
76. Safe Bet| Link| Bookmark|
January 10, 2023 2:50:48 PM
Top Contributor (500+ Posts, 100+ Likes)
@kappo ji : Muzhe lagata hai aap ducol ke bare menin bahut positive hai. Muzhe bhi lagta hai ki SME ke hisab se achha issue hai. Us mayne se GMP kuchh bahut achha nahi hai. Koi specific wajah? Since kafi sare funds chaman me fase hai o/s figures will suffer. Aap ki MERE LIYE kya advice hai 😊 🙏🙏
IN MEIN SE KIS BANK MEIN MAINBOARD IPO MEIN 10.00 LACS KE UPPAR KI IPO APPLICATION LAG SAKTI HAI 1) EQUITAS BANK 2) AU BANK 3) BANDHAN BANK 4) INDUSIND BANK
@SINGHKING, sir what is ur strategy in Ducol? Ur advice for CG members plz? Bcoz ur prediction & analysis in Moxsh was perfect...Ur important points definitely helps all... Thanks
71. MAMU| Link| Bookmark|
January 10, 2023 1:03:41 PM
IPO Guru (1700+ Posts, 1100+ Likes)
@gala IPOs whether Main or SMEs all run because of GMP and subscription figures. But GMP or subject to are creation of operators and brokers. In some cases promoters are also involved. Therse are only the indicators of demand and supply before, during and after the IPOs. May be fake also. These are not the correct parameters of listing. Take the example of today's listing of Anlon. Our GG sight is showing 60% GMP but listed at more than 151%. Not blaming CG. Mox GMP at one time was about 50% but listed in discount. All because Share Market is Great. Yesterday Deep Green, today Deep Red. Now to decide whether to apply or not at our level with available information.
67. SSingh| Link| Bookmark|
January 10, 2023 11:10:08 AM
IPO Guru (1400+ Posts, 800+ Likes)