can we apply multiple aplications from diff accounts but with only one PAN Number? I read somewhere that we cant apply more than once from one PAN card?
I have opened demat account in zerodha but not able to apply for ipo as my upi mandate is not getting approved and my bank does not have asba facility please help me to solve my problem
391. Trueinfo| Link| Bookmark|
July 28, 2021 1:02:14 PM
IPO Guru (1800+ Posts, 1700+ Likes)
In my view, for HNI with limited funds, Glen may give better returns than Rolex seeing the market expectations of subscription. Any opinion about this.
Dear Experts & Veterans, can you please help me understand the pros & cons of applying one lot vs. multiple lots in retail category? I see that many here recommends to apply only one lot, is that to increase the probability of allotment or simply not to block funds?
Thank you for your response, but my question still remains. Why only one lot? e.g. if an IPO is subscribed 4 times and you can apply 13 lots in retail, then shouldn''t you be getting around 3 lots?
@Saurav-- If IPO doesn''t get over-subscribed in RII Category, full allotment to all applicants. If IPO is oversubscribed in this category - The allotment to each investor shall not be less than the minimum Bid Lot, subject to availability of Equity Shares in the Retail Portion. For example, if the IPO subscribed 2 times in retail 1 out of 2 applicants will get 1 lot irrespective of how many shares they applied for. Say investor A applied for Rs 2 lakhs (15 lots), investor B applied for 1 lot and investor C applied for Rs 1 lakh (7 lots) in an IPO at cut-off price. If IPO subscribed 3 times in RII Category, the allotment will be done through lottery and only 1 of 3 applicants will get 1 lot allocated. It doesn''t matter how many shares they have applied. Note: Always apply at cut-off price in this category. If IPO oversubscribe, apply only 1 lot per IPO application. To maximize the allotment, apply though multiple accounts on your family members name. Hope this helps!
If there are distinct 4 applications(PAN WISE) per lot then you apply 1 lot or 13 lot it has same chance of winning you max 1 lot. If distinct applications are less than available lots then only you have advantage in applying more than one lot. RII are smarter now and they will not apply more than 1 lot. In RII low subscription figure you can apply more than one lot if you are comfortable with the company.
Thank you @InvestWithKrisha ji. I was missing the clause that “no applicant should get less than one lot in retail category unless it’s oversubscribed”. Keeping that in mind, I think I should apply in NII category to keep my chances open.
I will suggest to hold on as it has fallen due to market fall nothing specific to company.
Q1 results were fantastic both YoY and QoQ. Also it will start manufacturing Sputnik-V vaccine from Oct onwards and it has agreement to supply 25 cr vaccine with Russian RDIF which is huge and more orders will follow.
It’s EBITDA and PAT margins are top notch in pharma.
My target is 4800 in next 3 to 6 months
Note: I am holding this since IPO when most of the retailers did not apply and are regretting now.
Tentative / Confirmed Timeline of Current & upcoming IPOs
• Tatva Chintan Pharma Chem Ltd. (Price Band : Rs. 1073.00 to Rs. 1083.00)
• Issue is Already Closed • Allotment: Done • Listing : 29th July 2021
• Glenmark Life Sciences Ltd. (Price Band: Rs. 695.00 to Rs. 720.00)
• Dates: 27th July to 29th July • Allotment: 3rd August 2021 • Funds Un Block: 4th August 2021 • Credit of Shares in Demat Account : 5th August 2021 • Listing : 6th August 2021
• Dates: 28th July to 30th July • Allotment: 4th August 2021 • Funds Un Block: 5th August 2021 • Credit of Shares in Demat Account : 6th August 2021 • Listing : 9th August 2021
• Windlas Biotech Ltd. (Price Band: To be Announced)
• Dates: 4th August 6th August • Allotment: 11th August 2021 • Funds Un Block: 12th August 2021 • Credit of Shares in Demat Account : 13th August 2021 • Listing : 16th August 2021
• Devyani International Ltd. (Price Band: To be Announced)
• Dates: 4th August 6th August • Allotment: 11th August 2021 • Funds Un Block: 12th August 2021 • Credit of Shares in Demat Account : 13th August 2021 • Listing : 16th August 2021
Lockheed Martin corporation master retirement trust and The Boeing company employee retirement plans master trust are their Anchor investor. They are also interested in Api business. What is the reason for that ?
These trusts are investment vehicles that deploy the pension and retirement funds of the employees those respective companies. Think of them as any other asset manager.
Their investment does not signify that Lockheed or Boeing are interested in APIs, just that their retirement benefit investment funds think it''s a good stock for long-term investment. Pension funds and insurance companies are generally very long term holders.
Dear Aniketiaf Sir, What''s your view on Hudco OFS... I am holding huge qty @40 avg... I understand you don''t have liking for PSU company but still I value ur feedback...
Though I mentioned Aniketiaf Sir, views from experienced boarders are welcome...
378.2. arunARUN| Link| Bookmark|
July 27, 2021 9:30:06 PM
IPO Guru (1900+ Posts, 1600+ Likes)
It depends on what is the expectation from holding HUDCO. Will recommend shifting from Hudco to IRFC with better risk reward profile
378.3. Aniketiaf| Link| Bookmark|
July 27, 2021 11:35:02 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@ Earthking
I think, shifting from Hudco to Nmdc ( PSU to PSU) will be a better idea for medium to Long term. Rdb rasayan, kothari petro, EKC, Elpro international can also be considered in place of participating in Hudco OFS.
Good night.
378.4. Earthking| Link| Bookmark|
July 28, 2021 7:00:25 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Thank you sir for your straight forward reply... Thanks arunArun sir.