@GuptaG in bluejej 1/11 SHNI In Cello 0/3BHNI 2/10 SHNI Is bar 22 SHNI lagayi hai sbhi SHNI 3rd party UPI hai BHNI ko chhod ke @Market Advisor Thanks bhai.
Exactly 12 lakhs or you can arrange for 50-60k more ? If yes, you can go for 6sHNI applications. If not, then you can apply 1bHNI and 5 remaining retail.
If you have just one/two or even 3 demat accounts, it will always be better to apply in bHNI. If you can apply through multiple accounts, then keep an eye on subscription figures. For an equal level of oversubscription, chances for each bHNI is equivalent to 5sHNI. So in effect if bHNI subscription is equal to or more than sHNI (like in this IPO), then apply from 5 sHNI accounts.
On the contrary if sHNI is oversubscribed significantly more than bHNI, then apply from 1 bHNI and if fund allows apply from retail from rest of accounts.
Mind you there can be other permutations and combinations that may be beneficial. Calculate n see which is giving best chances on the final day of any IPO n then apply.
Hi Team Just wanted to understand apply 67 lots or more than 67 lots in big HNI means same Means chances of allocation would be same if we apply 67 lots or 100 lots in BHNI ?
You got Shni minimum (14 lots )only by lottery system..
209.4. CoolAsh| Link| Bookmark|
November 8, 2023 4:56:12 PM
Top Contributor (500+ Posts, 100+ Likes)
It can yield more lots only if the issue is undersubscribed in the bHNI category else bHNI category only gets the minimum sHNI lots regardless of the number of lots applied.
Example for oversubscribed issues, if I apply 100 lots and you apply 67 lots, then issue its considered two applications and both have equal chances. I hope this explains
If someone have 22 lakhs in there account they should go for 2 BHNI lots ?
209.7. Trueinfo| Link| Bookmark|
November 8, 2023 6:01:48 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@CoolAsh, broadly, you are right, because allotment ratio is similar irrespective of number of lots. But there is a catch. Sometimes 100 lots application or that of any other lot above minimum may not even be considered for lottery, if number of applications under that lot category don't warrant any allotment. Example, say application wise bHNI is subscribed 6× . And for 100 lots, there are only one or two applications. So, no lot can be alloted here. Allotment is done for each lot category separately, though allotment ratio considered is same.
209.8. CoolAsh| Link| Bookmark|
November 8, 2023 6:13:07 PM
Top Contributor (500+ Posts, 100+ Likes)
@Trueinfo Thanks. I thought this logic applied to SME IPOs only.
208. Hrishikeh| Link| Bookmark|
November 8, 2023 9:37:03 AM
Top Contributor (500+ Posts, 100+ Likes)
most of the recently listed stocks are performing so well MVGJL up by 11% crossed 300
Holding 3 Lot Since Allotment, Q2 Result on 14th November , However If their quarterly volume is reported below ₹550 crore and their EBIDTA is below 8 per cent, then it should be taken as a matter of concern for company shareholders.
207. Cyclodium| Link| Bookmark|
November 8, 2023 4:05:27 PM
Top Contributor (600+ Posts, 100+ Likes)
@Ramiz Kochaliya , Yes I think it should be out by tonight or max tomorrow morning.
205.2. Nothing New| Link| Bookmark|
November 8, 2023 10:28:56 AM
Top Contributor (600+ Posts, 100+ Likes)
@GrayIsTheNewBlack My dilema is right now if I apply for Protean, I won't be able to apply for ASK if the ESAF amount is not released (in case of non-allotment) tomorrow. Should I apply for Protean expecting the hold release by tomorrow noon? or skip Protean and go for ASK instead?
205.3. UjwalG| Link| Bookmark|
November 8, 2023 10:51:14 AM
IPO Guru (1000+ Posts, 500+ Likes)
@Nothing New You have limited funds then you shld not apply for protean, it wont get unblock in time for Ask auto. On the contrary Protean will have good allotment ratio than ASK , as all the ESAF funds will get dump in ASK auto issue. So choose allotment wise easy issue. Cheers
205.4. Nothing New| Link| Bookmark|
November 8, 2023 10:58:17 AM
Top Contributor (600+ Posts, 100+ Likes)
@UjwalG Thanks! I can go for the one with higher chance of allotment save it is not a discount listing candidate. So Protean I guess is the right choice for me for now.
sharing my current ipo holding status: Aeroflex: Holding half qty, will wait for another quater result and decide. RR Kabel: Holding 50%, after tomorrow's result will wait for another quarter, diwali abhi baki hai. Bluejet: exited all, no regret Netweb: Holding half and waiting for it to touch at least 850 Samhi: Sold all Rishab: waited for 2 weeks and then exited around at 520, no regret Pyramid Techno: Sold all today at 234, could have wait but fund issue. Manoj vaibhav: sold all, could have wait till Diwali but not much fancy of Jewellery stock. Cello: Holding, probably till quarterly result and if fund is not an issue then long term.
Yes, highly possible tonight until LinkInTime not busy in watching WC thrilling matches or yesterday's highlight :)
Off topic (IPO type of lucks for teams now): What a balling, fielding and missing catches fiasco, no yorker at all and sympathy to give ball exactly at bat so Maxwell can hit without moving the leg! Bichara hil nahi sakta tha na isliye :)
This issue is closed yesterday with unexpected subscription figures. In all categories subscribed heavily. Therefore, the allotment is very difficult for subscribers. Let's hope for the best.
Now out of the topic but important for some shares. In my previous post I had posted about two shares : BSE Ltd. and MCX. Still these shares are going great. One more, my favorite SOLAR INDUSTRIES, on extra ordinary hight. Just see the high and low of last 4 months. RR Kabel after yesterday's results is also going great. Sharing because holding all IPO allotted. This is just for information and knowledge of the members. There may be many more to watch.