Electronics Mart India Limited IPO Message Board (Page 6)

The odds are highly unlikely for that to happen

GMP 40.Should list 100+

101

I got one lot at what price i should exit

I got allotment in BHNI.
I think this will list at 90-95 and may cross 100Rs...
I may hold all shares, unless it crosses 110Rs...

I think it will list around 87 to 92.

Sir thoda layman language mein samnayenge ??...

As the allotment ratio was 1 : 11.3 (appx) for all the lots category in BHNI so each lot required a minimum of 6 applications (more than 0.5) to get qualifies for lottery.

Completely Wrong Interpretation of BOA...WHY?????
Because .....Each and Every Application is Considered for Lottery.
This BOA shows who got what....(After Lottery)
There is no concept of minimum number of applications ----to be considered for lottery...
Only my opnion....

Yes , you are correct decoding BOA .
In BHNI have two ratio . 1:11.5 and 1: 6

In layman term in case of EMI BoA , in shni in any particular lot if the number of application received is less than 19 then those applicants directly got evicted from lottery... Similarly in bHNI if in any particular lot , the number of applicant is less than 5-6 then those applicants lost directly without participating in lottery... If u chk the BoA, even the highest lot bidder in bHNI lost their opportunity directly without participating in lottery... So play smartly in future...

Again this observation is not applicable to SME ipos

@ Earthing
This is 1000% wrong interpretaion.
Call Lead Managers/Registrar,, your doubts will be cleared

@Earthking, wow, great observation! Did think it was purely lottery all across, but with your pointing it out, pattern seems very obvious- especially for bHNI. Any lots with number of applicants less than 35-45% of subscription multiple (not sure how best to put it) not even considered for lottery, no matter how high the number of lots were applied. None of the applicants who applied over 201 lots got any allotment as they had less than 6 applicants for their number of lots.
Thanks for sharing your observation, definitely seems worthy of attention. 🙏

Yes This is correct. Nearly same for SME with some difference..... Dont understand why some people deny it. The fact is all odd no of lots not having enough applicants (below the ratio of 1:N eg..in sHNI here 1:59) are grouped together....true till here... Then allotment is done for all lots where sufficient no of applicants have applied ( e.g in EMI in a ratio of 1:approx 59).... After doing this the lots that remain for the total odd applications which is of about same ratio as others (1:59) but is distributed to the odd lot applicants in such a manner that one lot is given to each lot group starting with the odd lot group where comparatively highest no of applicants have applied and a mini lottery is conducted in each such odd lot group and 1 applicant is allotted shares.... This is done for each odd lot group where 1 lot has been given . This leads to a result where those odd lot groups with comparatively lesser no of applicants DO NOT get any chance to even be in the lottery even though they were counted initially for calculation of allotment ratio of the lottery which technically makes them part of the lottery system..... So you can see in EMI sHNI those odd lot groups with least no of applicants such as 6 or 8 etc did not get any successful applicants(Lowest successful odd lot group was of 20 applicants).... Same situation in BHNI....
Disclaimer: Personal assessment. I am in no way an expert and suggest everyone do their own research and assessment rather than believing one way or the other.

Thanks @justalearner ... U made deeper data mining... With ur point I got clarified with that extra lot concepts too... Thank you...

@Justalearner
Thanks
Request some clarification
Take a hypothetical case that after normal allotment the odd groups left are 20, 13, 8, and 5. And only two lots are left.
Then one lot would have gone to 20 with a ratio of 1:20 and other lot to 13 with allotment ratio 1:13, leaving 8 and 5 (they won't even come in lottery). Sir, is it correct?