Happiest Minds Technologies Ltd IPO Message Board (Page 26)

Respected eagle eye, there is no need to reply to those person who are posting their message for time pass. Just ignore them and keep doing your nobal work.

Zerodha se upi bhim mei bid lagyi hai lekin bhim manadate request ki payment kyu nhi aarhi

Wait for sometime. You will get it if you have applied correctly.

Cutoff time for Bhim UPI on zerodha

5 PM

What is closing time of subscription?

Why QIB figures are low ! Surprising to me.

Current GMP please.

I've been applying for five different demat account through Axisbank ASBA for two years and apart from SBI CARD ipo haven't got any allotment

At the time of SBI CARDS I have applied 30lot from different SBI accounts 6*5 5applications from each account out of which I got alloted 27 lots. But 10 application applied through 2different account AXIS bank ASBA (2*5) but out of which I didn't got any allotment, and the status was also there at the time of allotment.
So, any one who got the allotment who applied more than one application and got alloted please confirm me.

I applied for 5 applications from 5 different demat account. Got 2 out of 5

Vibhor Saxena, can you applied through AXIS BANK ASBA

*HAPPIEST MINDS IPO*
*FINAL DAY SUBS.FIGURE AT 2:38 P.M.*
QIB 26.49X**
NII 184.20X
RII 62.01X
*OVERALL 75.96*
**Excluding Anchor
Total No.of RET.FORMS : 19,20,654/46,989
*Apps Wise : 40.87X*

Can anyone please provide definitive answer to my query. My query is that in case of oversubscription of any IPO in case of RII, when Random allotment happens, does it randomly allot to anyone without taking into consideration who applied how many lots?? Or random allotment happens in each of the different category of 1 lot/2 lot/3 lot and so on categories separately. Hope I have been clear in putting down my query. In simple terms, in these kind of oversubscribed IPOs is it better to apply 1 lot only under RII, or one should apply seeing the subscription data of each of the lot categories and seeing less number of subscriptions for a particular lot category and apply those number of lots?

when there is a over subscription is happening. person applying one lot and person applying 10 lots will have a equal weightage so if you apply one lot or 10 lots if you are lucky and on the random selection if you are selected then you will land up getting one lot. irrespective of how many lot u have subscription for. hope this answers your question.

@All... Thanks for clarifying. Its all clear now. So the percentage basis is appied to each of the lot category. And its the same probability in each of the lot category. Thanks once again.

HAPPIEST MINDS TECHNOLOGIES IPO –

LAST Day at 2:10PM

The following data is assuming the shares will be issued at @166/- (upper price band)

QIB*:19.76X (*Excluding Anchor)
NII: 182.60X
RII: 58.16X
Total: 71.15X

*RII Applications: 17.96L* Approx
No. of Applic-wise: 38.23X

Thanks Jonny, Thanks Girish KumarJ.

Now I am clear that i will get one lot whether apply for 1 lot or 10 lot.

please clarify probability of getting 1 lot out of application from 1 lot or 10 lot.
I presume since no of application in 10 lot category will be less as such changes or more.
am I correct ?????

Thanks Jonny

Sorry Thanks Johny

How does the allotment process happen for HNI category. Could someone help me understand with an example? If an applicant applies for 1260 shares and if HNI is oversubscribed for 100x then will the applicant get 1260/100 approx 12 shares?

Another misconception that retailers have.
Since the lot size is 90 shares at least 90 have to be allotted so only 12 cannot be allotted.
If HNI get oversubscribed 500x times then anyone who applied for 500+ lots gets confirmed 1 lot and above it proportionate.
Anyone applied less than 500 lots is lottery.

Thanks for the replies

HAPPIEST MINDS TECHNOLOGIES IPO –

LAST Day at 1:25PM

The following data is assuming the shares will be issued at @166/- (upper price band)

QIB*:10.78X (*Excluding Anchor)
NII: 151.85X
RII: 54.75X
Total: 57.25X

*RII Applications: 17.03L* Approx
No. of Applic-wise: 36.24X

how to check No. of Applic-wise: ?

GMP?

Between 130 rs - 170 rs

HAPPIEST MINDS TECHNOLOGIES IPO –

LAST Day at 1:50PM

The following data is assuming the shares will be issued at @166/- (upper price band)

QIB*:15.23X (*Excluding Anchor)
NII: 156.85X
RII: 57.15X
Total: 61.48X

*RII Applications: 17.78L* Approx
No. of Applic-wise: 37.82X

I am new to IPO application. I used to apply in maximum lot (up to Rs. 2.00 lacs).

My friends are suggesting that chances are getting shares by applying in one lot or maximum lot is same. i.e. in case of Happiest Mind IPO one lot is 90 shares and maximum lot is 13.

Please clarify should i apply for one lot or 13 lot.

better to apply one lot from 13 different pan/demats.

It is already oversubscribed bro. If you are lucky in lottery you will get only 1 lot irrespective of how many lots you have applied.

HAPPIEST MINDS TECHNOLOGIES IPO –

LAST Day at 12:50PM

The following data is assuming the shares will be issued at @166/- (upper price band)

QIB*: 07.72X (*Excluding Anchor)
NII: 115.89X
RII: 51.90X
Total: 45.26X

*RII Applications: 16.10L* Approx
No. of Applic-wise: 34.27X

Hi mam
Can I apply for multiple lots for listing gains

@SHINE

Yes, but from different demat accounts. Do not apply multiple apps on same pan card. Apply in the name of family and friends demat accounts.

Applied Through all my accounts.

mDelhi,

In Hippiest mind, there is no harm, to book your capital amount ( not profit ) about 300.
Profit as share can be kept for long term.

Thanks.

Thanks Aniketiaf

NIIs subscription = 151x as at 13.27

Hi, Can any one Confirm,

Whether Multiple person's application through ASBA can be made from one Bank ?

Is it considered as valid application in allotment? As some time i heard that it is being rejected considering third party application.

3rd Party asba is still allowed as many senior forum members confirmed and Chittorgarh Admin team also commented recently in one of the threads. So, apply with full force where you can apply from a single bank account for multiple demat accounts. No issue. All the Best.