Harsha Engineers International Ltd IPO Message Board (Page 42)

Shni is very small category....at maximum 1338 people will get allotment.....is it advisable to apply in shni category

If you have multiple applications go with Retail Category..

To all
In dreamfolks Ipo in SHNI :- anyone have applied more then 18 lots and less then 32 lots?

If anyone pls reply

28 lots

Can I apply retail n SHNI from one demat account?? Or it has to be from different accounts???

Should be different pan, or both will get rejected

Estimate subscription
Qib 80 to 100 times
Bhni 60 to 70 times
Shni 50 to 55 times
Ri 15 to 20 times

Aap se 90 % Sahmat hun

Going to surprise with its record subscription
QIB 120 times
HNI 80 times
Retail 30 times

Nowadays lot of money flowing into SME ipos and lot of money got stuck in it due to too many SME ipo's running parallelly.
Otherwise this IPO could have even higher subscription figures than the final closing figures of today.

If market crash, GMP Price will decrease ?

[ HARSHA ENGINEERING 3rd party HERE ] 👇👇 💰💰

applyed 13 application 13............
i know there is rejection chances because nowdays everyone talking about 3rd pary.
but still applyed...
all members share your last 7-8 ipos experience if you applyed 3 rd party...
i get many 3rd party IPO before ,,,,,,,,,,

Got alloted in dreamfolks via 3rd party upi as wells as 3rd party asba. I think Linkintime and kfin are considering 3rd party applications in huge subscribe ipos.

Which bank you all prefer for third party upi?

Kindly sugest

Mkt is down so expecting around 15x in retailers not more than that all are now cautious

I doubt given the zerodha is down with IPO. Looks like everyone is in last min rush to apply for this IPO!

Zerodha is down for IPO? says "too many clients already", anyone else having issue to apply via Zerodha?

hum Minor account se Demat account open karskte he ??? And usme b ipo apply hota he ??? And listing day par sell kar sakte he kya ipo ???

@Mml - prostocks se khol sakte hain, pura online process hai. internet main search karke unka customer care contact kijiye and open the account

@Milton thanks for reply...

Hello experts which of this strategy will give me better allotment chance considering the subscription figure I have 15L 7account
1.1bhni and 2shni and 4 retail
2.7 shni
3.7 retail
Please help Thank you

7 shni

What if i apply all retail applications through upi..from different demats but same bank account..will that be okay???please reply

That's called third party UPI and that's not ok..

Can someone tell how many applications have been recieved instead of subscription for each category till now.

To make things clear here,,,
I want to point out that i applied 3rd party asba net banking and 3rd party asba UPI in LIC (kfintech) and emudhra (linkintime).

I was alloted by both methods....in these respective IPOs.
4/4 emudhra ( 1 lot by 3rd party upi).
4/4 lic ( 1 lot by 3rd party upi).

I did use 3rd party UPI handle because listing gains were none and i had to wait till 5 to see the subscription.

So sometimes it works, sometimes it doesn't ..as admin already pointed out that banks do tend to get lazy and revert the registrar back with incomplete information, hence confirming your application.

For Harsha i applied,
3 Shni applications from 3 bank accounts..,
6 RETAIL applications (SBI 1 UPI + 5 NET BANKING ASBA ) from 4TH ACCOUNT
AND
4 RETAIL APPLICATIONS ( SBI NET BANKING) FROM 5TH ACCOUNT.

TOTAL 3 SHNI + 10 RETAIL.( FINAL)

KEEPING SOME MONEY FOR SME.

SO IF 3RD PARTY NET BANKING WORKS THEN I'LL LET YOU GUYS KNOW BY REPLYING BELOW THIS THREAD ON ALLOTMENT DAY.

@harry potter - they will check the employee status based on pan. Avoid doing this because the application will be rejected in this case unless it will be missed which is highly unlikly

As promised I'm updating the status...

0/1 shni
0/1 shni
0/6 retail
1/5 retail ( allotment with 3rd party asba sbi net banking)

3rd part asba works...💥

Couldn't apply 3rd shni application due to megaflex fund block.

Angel broking mai miner account mai ipo kaise apply kare?

I have more than 10l money but i am confuse in which category i shall apply please help me

BHni at 10l or
Shni at 2l
Shni 9.9l

BHNI 10lacs will have much better chances than SHNI.

Hi all,
There are lots of discussion going on 3rd party application being valid or not?
My take on this:- This is absolutely wrong, all 3rd party application are valid. I will give below 2 main reason for supporting my claim,

1)Bank rejects 3rd party application as per SEBI mandate :- If that was the case then after applying ipo, why we get message and mail of our bidding being submitted to exchange. Also in netbanking status it shows application executed on exchange. If bank rejected on matching pan of dmat and bank account, it would not have submitted our application to exchange.

2)Even if we assume that somehow bank submitted our application, then the registrar should have made our 3rd part application invalid. If you see BOA of most of the ipo, you will see the technical rejection and all constitute max 20 percent in RII and 10 percent in HNI. If the registrar rejected 3rd party application then these rejection numbers in BOA should have been much more higher than 20 or 10 percent, but it is not the case.

Appreciate you views on above points.
Thanks

Good analysis IPO Guy. Further, all those who are very confident that 3rd party applications are not allowed, should experiment with 3rd party in a less subscribed IPO like Ishan International where oversubscription is only 1.6 times. They will realize that 3rd party application are not only allowed but also get allotments.

@IPOGUY
Currently IPO application is a seamless process where it passes through the bank to exchange via syndicate members without any verifications. So merely getting an application number and email from exchange is not confirmation of valid application. Verification is now post closure. To avoid burden of post closure , most banks already implemented disallowing 3rd party at application stage. Those who are in process of doing it need to verify post closure. Registrars have no role to paly now after 1st May 2022. Technical rejections include applications with price out of band, odd prices, number of shares in not in lots, applying in wrong categories and 3rd party. Where as some broker and bank sites are enabled to ensure that such lot multiple, price multiple can not be entered incorrectly, few still allow this happen and again not verified at the time of submission. All rejections are post closure now.

Those claiming to have got allotment on 3rd party are in past issues when several banks offered systems to link multiple account Demat account of accountholder which was abused to link non accountholders Demat. With each IPO more and more banks are disallowing. Also few cases banks are confirming post closure without verification will also reduce to follow SEBI mandate.

However one can always still try and submit if the bank is allowing submission ....

Cannot see bHNI and sHNI in Axis Bank ASBA. Only available category is Retail. Do anyone have any idea how to apply as bHNI.
Thanks in advance.

In Axis Bank Asba, single category retail with less than 2 lakhs and with more than 2 lakhs. Choose this one. If applying for SHNI then place order up to 10 lakhs and for BHNI above 10 lakhs. Donot select cutoff.

Before listing GMP will be doubled soon

Currently some banks are still allowing third party asba but very soon they will disable the same 😔 😟 🙁

tab tak to maje lelo...

Trying to apply shni from angel one but there is no option to select investor type
Pls help

quantity ane bhav nakho etle mendate avi j jai chhe.