Emcure Pharmaceuticals Limited IPO Message Board (Page 21)

As per sources
Retail: 1 out of 6
SHNI: 1 out of 36
BHNI: 1 out of 11

Retail Applications : 25.7 L Approx
SHNI Applications : 1.6 L Approx
BHNI Applications : 1 L approx

हाहा @Sanduli भाऊ, अगदी बरोबर..😊😊

​@🚩 Just For IPO 🎁 @Vimal Garodia @Sanduli 
Thanks so much for your kind words 🙏
कृपया कृतज्ञता स्वीकारा 🙏🙏

​@Admin @ Chittorgarh.com 
​@Prachi @ Team Chittorgarh.com 
​@Reena @ Team Chittorgarh.com 
​@Tripti @ Team Chittorgarh.com 
​@Odil @ Team Chittorgarh.com 

Why investorgain site not working ???

Yesterday too, it was down in the evening for some time showing internal server error. However, was up an fine later on. Currently, it is working fine 👍

Yes, now, it is working fine..👍👍

Any chance to get full allotment in retail 14 lot 196 share.

Ok 1 lot to firm allotment mil sakta hey ne! Retail portion over subscription by less than 8 lots......but you applied for 14x14 lots
As per my thinking, firm allotment to all who applied by more than 14x8 lots, only 14 shares

​@JitendraShah Oversubscription means allotment through lottery and hence no firm allotment even if someone applied for full lots in application. As applying one lot or full lots has equal chance.
मान लीजिए शेयर 100 आवेदकों को ही मिल सकते हैं, लेकिन आवेदकों की संख्या 600 है, ऐसे में लॉटरी के द्वारा तय किया जाएगा की 600 में से किन 100 भाग्यशाली आवेदकों को आबंटन होगा और कौन वो 500 आवेदक है, जो सिर्फ हाथ मलते रह जाएंगे ।

applied 3 retail 1shni

​@Vimal Garodia @newgen consultancy
Sir
Please advise how can we apply in ipo from a partnership firm

​@bipin kedia ​
I do not have much knowledge about it but i know for sure that non-individuals cannot use UPI option but have to use ASBA option.

You need to have a demat account for your partnership firm.
Bank account linked to the demat account.
PAN card..

How they calculate capital gain tax? if the particular PAN does not have any income other than capital gain ( IPO profits), is it taxable? If it is less than 2.5 Lakh per FY, is it taxable? Do we need to file tax if it is less than 2,5 Lakh? When to file a tax for a particular PAN number, since we are using multiple for IPO subcription. Experts advise please, @Chotiwala @sonal patel @Tejas Pandya @Chhote Lal

If you show profit as business income instead of STCG then 7 lakh is free of income tax in new tax regime and 5 lakh in old tax regime. For disadvantages please see my reply to SUMITCHAND ji in this IPO discussion

I am CA....
If a particular PAN does not have any income then upto 2.5Lacs (FY 23-24) will be exempt, this maybe any income including Short Term/Long Term gains.
You have to file the ITR and show the full Capital gains to get the exemption benefits.
Every year ITR filing deadline is 31-Jul for the last financial year, you can submit before that time.

Dear CG Members,

Its an Inquiry for one of my known person who wants to open family bank accounts of 4 members including 1 minor boy for ipo application purpose.
So, do anyone knows the followings :-

1) Any bank that allows family account with minor children?
2) If so, then can he apply IPO for all family members from that bank as ASBA or only bank 1st holder can apply from that family account?

Kindly Inform.

Hii sir!!
I want access to grey market to sell my application? what is the procedure and how I should ideally sell application?

​@Aryan gadam 

Sorry, I Have "00" Knowledge About Grey Market Selling.

Can I apply IPO from Yes bank Sweepin FD

I do not have yes bank Ac, but, from what i read here, you can apply from Yes bank sweep in/flexi FD..

Yes, you can apply..

​@Tejas Pandya @Aman Goyal My huf Bank account is Opened in PNB now I have to open HuF demat account. Is there any broker which open huf demat account online. Or which broker you recommend for HUF demat account.

Motilal Oswal allow physical opening of Demat & Trading

Angel One
If you open account than contact me.

Any groww user here
can we sell ipo alloted SME shares in pre opening session?

thanks in advance

​@Hope is life I personally do not use Groww, however understand selling of SME shares is possible through it. Suggest carry out net search, there are plenty of videos available describing the process.
Good Luck 🍀

Yes we can, now groww also support selling in IPO special pre opening session

What is current GMP of emcure and Bansal wire?

Now..

Bansal Wire Industries 76 (29.7%)

Emcure Pharmaceuticals 390 (38.7%)

​@Vimal Garodia Checked again, site is working fine 👍

Anyone tell how much employee quoata application number... Any site

​@Vinaytap Employees can apply shares from lots costing about Rs 15K to lots costing about Rs 5L. But in case of oversubscription, min lot shares (~ Rs 15k) are allotted. Hence, max possible applications in this quota that will qualify for allotment can easily be computed.
Total shares offered under Employee Quota : 108,000
Shares Bid for : 959,756
Discount for employee : Rs 90
Effective price per share : Rs 918
Shares in Min lot : 16
Max Applications : 108000/16
i.e. 6750

Employee quota got oversubscribed by 8.81 times. There may be some rejections too.

BoA documents once released will give actual allotment figures.

Can i apply every IPO from via kotak active money FD A/c......, Please Guide me

​@Reliance Ind Yes, you can use kotak active money fd amount to apply in IPO. I used in Emcure and recently i activated kotak active money feature.

Yes.

QIB 74200 CRORES👍🔥

Yes
And surely qibs will try to get more on listing day

I have applied 6 lot in 1 bid in emcure pharma in retail category wheather 1 lot will be selected and other will unblocked on Monday or whole bunch of 6 lot will selected

​@Dinesh Jangid As the issue got oversubscribed, allotment will be through lottery and if you are lucky, you will get be allotted one lot.
Balance funds are expected to be released on Tuesday.
All the Best 👍

​@Dinesh Jangid Ji
You will either get 1 or 0 lot in a single retail application (1 or more lots doesn't matter in over subscribe IPO)
Ratio of retail applications as 1/5.4
For successful allotment

​@Vimal Garodia @Chhote Lal 
And all,
Have you received sms after 5 pm from BSE of receiving the application for both emcure and bansal wires??
I haven't received any sms today from bse and even blocking sms too for emcure from bank .. For bansal it is received from bank..
But in history of IPO it is showing success in application and also application no is also there..

​@Shri Bappa As explained by others, these SMS and emails might come late or not at all..
If funds blocked then 99.9% of the time you are just fine..😊😊

Thank you so much 🙏

BHNI subsrciption is 54.90 so they will get allotment base on lottry or proportionate basis.

​@IPORAJAIPO 
Please bother to answer following questions
A)did you apply in Vi?
B) did IPOs subscribed less then 2 times what you applied last 9 IPOs and didn't get alloted?

If answers are YES then you are legally entitled to complain SEBI and CPGRAM

If answers are NO then keep trying

In lottery either you apply 1 or too many
Applications it will be taken as individual
And alloted as same

BoA are approved by stock exchanges and RTA has nothing to do

If lottery system removed ,what else ?
Earlier there were proportional allotment system for retailers and retailers were applied 1 lk INR for getting 5-6 k INR worth shares(2008 rpower is examples) so rich people were getting more allotment and common people were kept out. Do you want that system implement ones again?

now a days retail portion oversubscribed 10-20-30 x , if someone has any complain he/she should have subscribed minimum 10-20-30 applications or more NOT LESS

subscription of IPOs are not compalsary or compulsion of any individual

If we want to earn easy money than we have to depend upon our luck ,

No mathematics works in IPO allotment.

well said @harit ji

APPLICATION WISE SUBSCRIPTION AT EOD

​@SJ❤️ I am not sure that i can mention the name over here.
What I can say is u can search in Play store by typing ipo
Its blue in colour

​@Ipo is coming I found it bro..
nice hint 🙏 thnxx

For senior citizen friends :

At the time of filing ITR 2 for my senior citizen uncle Yesterday, I found the following disparity for taxation on interest income on Post office schemes :
1. Interest income on which TDS is deducted pertaining to SCSS = A (which matches with 26 AS )
2 . Total interest income from PO as per AIS = A+B ( B being the NON -TDS I.e non SCSS part )
3. But while filing return total interest income is auto - generated as A+B+A instead of A+B . In other words SCSS portion is drawn twice.
4. I have edited accordingly and submitted the return.
5. Now , senior citizen friends filing return himself should be aware of the fact and others who get it done should communicate accordingly.

​@Asoke sarkar Nice inputs 👍
Thanks for sharing 🙏

I have come across articles that say that profit on sale of shares can also be treated as pgbp(business income).. will that not be more beneficial..We can claim expenses and also use slab against gain..better than paying flat 15 percent..can any ca clarify on this?

​@investormahesh  thanks for coverin it in so detail..i have showed it as stcg in first 2 years..then i showed it as pgbp last year..all these year total income was below 5 lakhs..this year i am thinkin of fillin of itr u for previous year to stcg and i will show profit of this year in stcg.. continuity theek ho jayega..am i thinking correctly?

I am not a tax professional. For repercussions of moving from STCG to business income or vice versa please consult a CA. f&o and intra day profit u can not show as STCG.