Finally I got the shares of HAL ofs. I am retailer. I have applied 199 shares of HAL ofs at 1005 price. The government has given the shares at 950.95 price. But I got at 954.95 price. Why this become?
65.1. hbk| Link| Bookmark|
September 3, 2020 7:53:44 PM
Top Contributor (300+ Posts, 100+ Likes)
Bcoz you bid @ 1005. 5% discount to retailers deducted. discount is on base price i.e. 1001. So discount of Rs. 50.05. Your net price 1005 - 50.05 = 954.95
64.1. lekker| Link| Bookmark|
September 3, 2020 11:57:37 PM
IPO Guru (1300+ Posts, 2000+ Likes)
In HM and RM, Route Mobile because there Retail Quota is 35% chance of allotment is good and listing gain will be same like Happiest mind. Happiest mind chance of allotment is less becs of 10% retail Quota.
CAMS will be another good option, above two IPOs refund you can use in CAMS
Route Mobile (around Rs 600 crore IPO), CAMS backed by NSE (around Rs 1,500-2,000 crore), Chemcon Speciality Chemicals (around Rs 350 crore), UTI AMC (around Rs 3,000 crore), Angel Broking (around Rs 600 crore), IRFC (around Rs 4,000 crore), Equitas Small Finance Bank (around Rs 1,000 crore), National Stock Exchange (around Rs 10,000 crore), Gland Pharma (Rs 5,000-6,000 crore) are some of the public issues we may see before the year's end, said two persons familiar with the primary market segment told Moneycontrol.
How much shares one can get if applied 12000 shares approx 20lacs?
59.3. lekker| Link| Bookmark|
September 3, 2020 7:45:37 PM
IPO Guru (1300+ Posts, 2000+ Likes)
If NII subscription more than 200 times then you will get 1 lot or 0 If NII subscription less than 130 times then at least 1 lot you will get. I would say if you have 5 demat accounts apply 4 applications of 1 lot from 4 accounts and use remaining amount to apply in NHI category application
59.4. lekker| Link| Bookmark|
September 3, 2020 7:47:29 PM
IPO Guru (1300+ Posts, 2000+ Likes)
56. phrao| Link| Bookmark|
September 3, 2020 10:31:28 AM
Top Contributor (400+ Posts, 500+ Likes)
Time waste
Retail 10%
56.1. lekker| Link| Bookmark|
September 3, 2020 7:15:27 PM
IPO Guru (1300+ Posts, 2000+ Likes)
true
55. lekker| Link| Bookmark|
September 3, 2020 6:59:51 PM
IPO Guru (1300+ Posts, 2000+ Likes)
In long term route mobile is good option than happiest mind.
HM is resources outsourcing firm nothing too much interested, huge competition. RM technical sound huge global presence, attractive client base .
Soota going to retire with taking away huge profit with selling stack of HM, company actually getting only 110 crs.
Will apply in both, but HM is only for listing gain, nothing is there.
When priced band announced Soota said there is something left on table, but he already made sure that there is very less shares left on the table for retailers.
Those have fund issue Instead of applying in this and trying luck there is always good option to buy in secondary market of TCS and infy shares.
55.1. lekker| Link| Bookmark|
September 24, 2020 11:20:55 AM
IPO Guru (1300+ Posts, 2000+ Likes)
????????Route is going higher higher and HMT struggling
All are good but it depends on how punters want to set platform for particular ipo..Happiest minds and route mobile are small size issues. Hence there are less chances of allotment and higher chances of hefty profit. UTI AMC is a big issue, u may get allotment but amount of profit may be less. CAMS is good for long term. I am personally not interested in angel broking. Let's see..
48.3. Scrip| Link| Bookmark|
September 3, 2020 12:33:04 PM
Top Contributor (500+ Posts, 200+ Likes)
if it is over-subscribed just like Rossari and IRCTC chances of getting the allotment will be pure luck. then it will not matter whether one have applied under NII or RII.
Sorry it might be out of context with the IPO. I would like to invest in SGB for long term, now banks are enabled Series VI at 5067 per unit. At the same time Series V trading at 4900 per unit. What would be best in this context. Is there any advantage in purchasing new series over old series?