But don't discount the fact that a lot of people apply for more lots than required in HNI category. There is a good chance that application wise HNI will be around 1X, Therefore I said most likely everyone will get allotment.
Please help me with this: I have applied one lot on upper price band in retail category. Can I amend this to lower price band now? I am assuming as retail part is not fully subscribed so people who have applied on lower price band they will also be getting allotment.
if you analyse many last this year good ipo in which broker house recommendations was negative gave a handsome return on the day of listing and till now, surprised to see now the same broker houses putting recommendations to buy them at 30 prct premium so friends it's your money no body cares your pain, use your mind and than invest in any ipo , in share market a lot of dacoit sitting to theft your money giving fake views
144. ManishDwiv| Link| Bookmark|
November 8, 2022 5:59:50 PM
Top Contributor (600+ Posts, 200+ Likes)
aplllied 2 retail..one 15K and other app of 13 lots.
143. SSingh| Link| Bookmark|
November 8, 2022 4:43:39 AM
IPO Guru (1400+ Posts, 800+ Likes)
This should give ₹50 premium on listing. Low retail participation (with max. 1.92L apps) and high QIB participation (with super solid Anchor list) say about this quiet loudly. All the best those who applied, seems to be the best ROI candidate for 2022!!!!
If ethics and non-ethics was a consideration, then applying 2 lots does not fit the bill. It had to be apply or non-apply. Hardly any business in this world run on ethics btw.
rainbow में मेरे को १ लाख का मुनाफा हुआ है अब तक, और आगे को और होगा ऐसा लगता है
142.4. Aaashish| Link| Bookmark|
November 8, 2022 1:13:14 PM
Top Contributor (200+ Posts, 100+ Likes)
@valuepicker ji
agreed the thing is that the other 2 retail accounts consider ethics as very important and didn't want this to be considered and though decision was on me, I chose to respect their wishes.
I on the other hand gravitate towards the notion that we are there for making money in the share market and not to judge the business on ethics, business should be well run and legal
Integrity is important though
Also, I would always give a bit of premium to ethical businesses because i believe they add much more value to society, but normally as u said, 99% of the businesses especially hospital business is run unethically
P.S : I forgot that i could apply multiple lots in retail because it is under subscribed
NO, as overall issue is fully subscribed, IPO is most likely to be priced at upper band, all those who has applied for at upper band or cut off will get full allotement. any unsubscribed portion of retail segment will get added to other categories as per rules.
Definitely NO! As the issue is fully subscribed and mostly everyone applied in the upper band, you will not get the allotment.
It is not important whether Retail is fully subscribed or not, only matter is the overall subscription. So NO allotment for you :)
141.6. Kapz| Link| Bookmark|
November 8, 2022 11:04:39 AM
IPO Mentor (800+ Posts, 400+ Likes)
You won’t get at lower price as overall it is oversubscribed. I tried the same thing with Ruchi Soya with 2 bids (in one retail application) one at cut off price and other at lower price. Got allotment for cut off price only not the other one.
Absolutely not. You should have used cutoff price always even in case of under subscription in retail quota. If the company decides to allot the share at lower price brand only then you will get at low price. But that only happens when the whole ipo is under subscribed not the retail quota.
137.2. CB🤗| Link| Bookmark|
November 8, 2022 1:01:21 AM
IPO Mentor (1400+ Posts, 400+ Likes)
In retail just tick cut off and forget. I don't think they can discriminate, all retail will get same rate. If any example present for discrimination then I will be eager to learn