Hello all. This is my first time applying in IPO. I had applied 10 lots from Angel One and out of curiosity I had applied 1 lot from Upstoxx too. My doubt is, will all my application be rejected? Is there any possibilities to cancel the 1 lot from Upstoxx?. Thank you
one of my relative is engineer with experience in AI... maybe he too should try and research on this analysis for future prediction :)
and he recently applied for IPO in just my saying...
and there are many friends of mine who never applied for IPO but i asked them to apply for it ... infact when someone else earn on my advice then i feel more happy even if i dont get the allotment :)
Abhi aap kuch bi bol rahe jab sahi me list hoga tab pata chalega I will tell listing price on 25th in 10 Rs range see my comment for symra and TMB exact listing happened
donot hope much from share market, vertical fall down of market is telling some other stories, in bad market conditions I have seen people skip very good ipo in which 100 prct allotment was firm for example ather, Ruchi Soya and rainbow so keep money for that time when others fear you become Tendulkar
मैंने जिस बैंक अकाउंट सेASBA एप्लिकेशन लगाई वह मेरे ट्रेडिंग अकॉउंट से जुड़ा हुआ है। क्या डिमैट से लिंक्ड बैंक अकाउंट जरूरी होता है? या ट्रेडिंग अकॉउंट से लिंक्ड बैंक अकाउंट से भी ipo एप्लिकेशन लगा सकते है? कोई सज्जन कृपया बताएंगे
I had applied in SHNI category in Harsha by axis bank online portal then due to some reason I had withdrawn my request and in status it shows withdrawn successful but still my amount is blocked. Can any one say that when it will unblock?
@ MonsterZero @ Trueinfo and all other respected members. Please guide me. Holding 100 infosys @ 1476. Loss almost 10000. What to do? I need your guidance and help desperately. Thanks
Hold till results..as they to be announced on October 12th...if there's an upward movement before results, you can exit
611.2. UjwalG| Link| Bookmark|
September 16, 2022 9:48:34 PM
IPO Guru (1000+ Posts, 500+ Likes)
@kanwarjit IT sector havent participated in this past nifty move. So naturally in sector rotation IT will lead i feel and mostly large cap IT since valuations are much comfortable now
611.3. Pratham| Link| Bookmark|
September 17, 2022 1:25:50 AM
IPO Mentor (600+ Posts, 500+ Likes)
Depends on your holding capacity/investment horizon If nasdaq corrects more obviously infy would break more and that is more probable
611.4. SamJos| Link| Bookmark|
September 17, 2022 2:44:59 AM
Top Contributor (500+ Posts, 100+ Likes)
If you had taken loan for that, chase it, otherwise put in vault & forget it for years.
@ MonsterZero @ UjwalG @ Pratham @ SamJos thank you everyone for the reply. One more query. Is good to hold for short term may be 2 - 3 months.
611.6. UjwalG| Link| Bookmark|
September 17, 2022 1:14:46 PM
IPO Guru (1000+ Posts, 500+ Likes)
@kanwarjit ji time ka hi to khel hain sab sir. Sahi time pe entry stock main, kitne time tak usme rehna( tests patience), konse time pe nikalna (tests greed). Entry sikh lete hain apan, but baaki ki 2 skills nahi, this is what differentiates us from damani, RJ etc. This is my view. Coming to your que, your entry is good, infy is best in the pack, this scrip will make you profits definitely but nobody knows the time it would take to achieve your target, it can take 2 weeks or 2months to acheive . Just hold it tight if money not required
The majority of IT companies' clients are from the USA and then Europe is the second number. Since both these regions are facing recession-like situations, IT stocks will be affected the most. but when things are again stable, the IT sector will be the first to bounce back with a sharp recovery. Fundamentally Infy and other top IT companies in India are still very good. So if you can don't need the money right now then I would advise you to hold these shares. Also please note that I am expecting more downfall in the IT sector as things might become worst in USA. you may add some more stocks to average the buy price if you are comfortable with more exposure. Cheers and best of luck.
That means all BHNIs irrespective of their application size will be treated alike while allotment ? No difference for applicants applying for 630 shares or 6300 shares ??? Please reply.
610.2. Pratham| Link| Bookmark|
September 17, 2022 1:23:39 AM
IPO Mentor (600+ Posts, 500+ Likes)
@arb Yes hni whether applied 630/6300/63000 Only would get 630 shares in lottery and some incremental shares Only difference is app amount and categories from Shni to Bhni
610.3. GJ Eighteen| Link| Bookmark|
September 17, 2022 5:13:17 AM
Top Contributor (300+ Posts, 100+ Likes)
@ARB, yes the allotment will be of same lot in BHNI Or SHNI category. The calculations that i show here with clearly indicates that the probability of allotment is quite large in BHNI compared to SHNI and that too with minimum no. Of PAN card.
Does the number of lots also matter in SHNI and BHNI allotments? I mean earlier for each lot size (for e.g. 50, 60, 70, etc.) would go for the lottery in the corresponding lot size. earlier if 3 people had applied for 100 lots then 1 out of these 3 would get allotment, so chances are 1:3. but now you are saying that for BHNIs as well all the applications are together considered for lottery and lot size doesn't matter at all? Please correct me if I misunderstood your calculation. Other experts also please guide on this point.
You will get 14 lots ( 630 share ), if you are luck. Since application wise BHNI is oversubscribed approx 13 times, only 1 applicant out of 13 will get 14 lots.