316. Eagleye| Link| Bookmark|
July 23, 2018 9:44:32 PM
IPO Guru (6600+ Posts, 21900+ Likes)
THE MOST RELIABLE List of Main board IPOs IN THE PIPELINE (Status as on 20th July 2018)
A) DRHP Filed - SEBI Approval *Awaited*:
1) Aakash Educational Services >>> DRHP date 19-Jul-18 2) Affle India >>> DRHP date 16-Jul-18 3) Ami Organics >>> DRHP date 11-Jul-18 4) Milltec Machinery >>> DRHP date 02-Jul-18 5) Chalet Hotels >>> DRHP date 02-Jul-18 6) Indiamart Intermesh >>> DRHP date 29-Jun-18 7) Bharat Hotels >>> DRHP date 29-Jun-18 8) Puranik Builders >>> DRHP date 27-Jun-18 9) Penver Products >>> DRHP date 26-Jun-18 10) Spandana Spoorthy Financial >>> DRHP date 26-Jun-18 11) Aavas Financiers >>> DRHP date 21-Jun-18 12) Anmol Industries >>> DRHP date 20-Jun-18 13) Vectus Industries >>> DRHP date 18-Jun-18 14) Avana Logistek >>> DRHP date 15-Jun-18 15) Hinduja Leyland Finance >>> DRHP date 14-Jun-18 16) Century Metal Recycling >>> DRHP date 11-Jun-18 17) Craftsman Automation >>> DRHP date 08-Jun-18 18) Montecarlo >>> DRHP date 10-May-18 19) Crystal Crop Protection >>> DRHP date 04-Apr-18 20) Mazagon Dock Shipbuilders >>> DRHP date 28-Mar-18 21) SembCorp Energy India >>> DRHP date 22-Feb-18 22) Route Mobile >>> DRHP date 22-Jan-18 23) Vishwaraj Sugar Industries >>> DRHP date 20-Dec-17 24) Srei Equipment Finance >>> DRHP date 28-Nov-17
B) SEBI Approval *Received* *(within the past 4 months)*:
1) ReNew Power >>> SEBI Approval 18-Jul-18 2) PN Gadgil & Sons >>> SEBI Approval 13-Jul-18 3) IRCON International >>> SEBI Approval 12-Jul-18 4) G R Infraprojects >>> SEBI Approval 11-Jul-18 5) K P R Agrochem >>> SEBI Approval 10-Jul-18 6) Lodha Developers >>> SEBI Approval 06-Jul-18 7) Dinesh Engineers >>> SEBI Approval 06-Jul-18 8) Shakun Polymers >>> SEBI Approval 05-Jul-18 9) Flemingo Travel Retail >>> SEBI Approval 29-Jun-18 10) Nekkanti Sea Foods >>> SEBI Approval 22-Jun-18 11) Atria Convergence Technologies >>> SEBI Approval 15-Jun-18 12) Sandhya Marines >>> SEBI Approval 12-Jun-18 13) CreditAccess Grameen >>> SEBI Approval 12-Jun-18 14) Genius Consultants >>> SEBI Approval 04-Jun-18 15) Garden Reach Shipbuilders & Engineers >>> SEBI Approval 22-May-18 16) Rail Vikas Nigam >>> SEBI Approval 17-May-18 17) Devi Seafoods >>> SEBI Approval 11-May-18 18) John Energy >>> SEBI Approval 27-Apr-18 19) Nazara Technologies >>> SEBI Approval 20-Apr-18 20) Capricorn Food Products India >>> SEBI Approval 12-Apr-18
C) SEBI Approval *Received* *(>4 months ago)*:
21) Krishna Institute of Medical Sciences >>> SEBI Approval 07-Mar-18 22) Patel Infrastructure >>> SEBI Approval 05-Mar-18 23) Indian Renewable Energy Development Agency >>> SEBI Approval 16-Feb-18 24) Barbeque-Nation Hospitality >>> SEBI Approval 05-Jan-18 25) Acme Solar Holdings >>> SEBI Approval 15-Dec-17 26) CMS Info Systems >>> SEBI Approval 30-Nov-17 27) Reliance General Ins. Co. >>> SEBI Approval 29-Nov-17 28) Seven Islands Shipping >>> SEBI Approval 10-Nov-17 29) Prince Pipes and Fittings >>> SEBI Approval 03-Nov-17 30) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17
Dear Downey I agree with Harit. One lot each in three different pan account. If you have only one demat account then you apply one lot only. Because retail quota will subscribe 3.5 to 3.8 times by application wise. If you have any pan number in your family then you can open demat account in before 27th and apply it.
Are bhai IPO ke andhere me bade bade maharathi ek teer me nishana nahi saadh sakte...Jitne jyada ho sake teer chalao...Tab jaakar ekaad nishane par lag jaayega...
Ps: Agar mumkin ho to mahilao ke account se apply karo...jaise ki mom, sister wagairah wagairah wagairah....agar koi secret female quota ho to chances aur bhi badh jaayenge allotment ke....:D
Anarchist ji Any specific reason to apply in the name of women names? Bcos i found maximum allotment in the name of women family members(especially senior citizen)
That's no prejudice...Women seem to get more than what the luck could allow.......
Can coincidents occur this frequently?.......I don't know whom to blame here.... Some stupid glitch in the IPO wheel of fortune?..Or may be a secret female chuvanist brain at its helm..:|
GMP of HDFC AMC is 395 - 405 APPLICATION RATE - 1400 - 1450 SUBJECT 2 - 4500 - 4600 HOLD FOR LISTING GAIN AND SHORT TERM GAIN.....ALSO FOR LONG TERM....
I need a small clarification. Pertaining to HDFC shareholders. The DRHP mentions as under in the case of over subscription. I could not understand it.
In the event the number of Eligible HDFC Shareholders who have submitted valid Bids in the Offer is more than Maximum Eligible HDFC Shareholders Allottees, the Eligible HDFC Shareholders (in that category) who will then be Allotted minimum Bid Lot shall be determined on the basis of draw of lots.
Does this mean that in the case of over subscription, it is that irrespective of the number of shares applied the maximum and minimum for successful allottees is going to be one lot of 13 shares only. Or to put in another manner once the share holder category is oversubscribed, there is no point in applying for more than one lot. Like in the retail category apply for one lot and wait for lottery?? The shareholder category will certainly get oversubscribed many times over.
Please clarify and clear the doubt for the benefit of newcomer like me.
In shareholder category proportionate basis of allotment. It means if that category oversubscribes 13 times then you will be allotted if you applied 169 shares (ie., 13th lot). If you applies one lot then ratio for allotment is 1 : 13.
Praksh ji, Max eligible shareholders allottees means each bid will get minimum one lot irrespective of how many lots they have bid. And the allottees will be selected by lottery system. Just like normal bids.
Dear 300.1 and 300.2, Thank you for the replies to my query. Much appreciated. I now fully understand that once the issue/category is oversubscribed, irrespective of how many lots you have bid, it is a lottery scheme to decide the allottees and no one gets more than one lot. And that by bidding more than one lot you are in no way benefited.
306.4. Ou Ai| Link| Bookmark|
July 23, 2018 11:49:03 AM
Top Contributor (300+ Posts, 300+ Likes)
Your understanding is absolutely right Mr.Prakash Kundur. Allotment method for Retail and HDFC Shareholders is same in case of oversubscription buy draw of lots. Also it is proportionate after allotting one lot in both Retail & HDFC Shareholders if undersubscribed. The differnce being, in HDFC shareholders catagory there number of applications are limited by the existign sahreholders. This however does not guarantee that chances are better as I explanied with an example of ICICI Prdential Insurance IPO where chances of allotment was firm in retail and 1: 12 in ICICI Shareholders catagory
306.5. Ou Ai| Link| Bookmark|
July 23, 2018 1:43:58 PM
Top Contributor (300+ Posts, 300+ Likes)
In HDFC Shareholders portion if oversubscribed more than once it is simply draw of lots regardless of one ahs applied for 169 numbers ! Applied 13 or 169 both are draw of lots. No firm allotment of one lot for 169 .
Dear Ou Ai I accept your view regarding basis of allotment in shareholder category. But i want to elicit two company regarding shareholder quota. This is for information not for argument. 1. Syngene International. Biocon shareholder got preferential allotment. Syngene RHP page 259 in this page simply put " proportionate" allotment and ICICI PRUDENTIAL ALSO RHP PAGE 553 single word "Proportionate" allotment. 2.Syngene shareholder quota subscribed 1.28 times. 20 lakh shares reserved for their quota. Company received 5,683 applications. Lot size 60 shares. Those who applied 60 shares basis of allotment is 32:41. From 2nd lot onwards firm allotment. Why 9 application rejected for minumum lot. Likewise ICICI PRUDENTIAL shareholder quota subscribed 12.2 times. Those who applying minimum lot their basis of allotment is 1:12. I applied 12th lot i got firm allotment of minimum shares of 44. In such circumstances HDFC AMC there is no one word"proportionate" allotment. It mentioned all the words of retail bidder coloum mentioned in the shareholder coloum also. HDFC AMC SHAREHOLDER ALLOTMENT IS DIFFERENT FROM SYNGENE AND ICICI PRUDENTIAL.
1 lot/pan card Bcos if u apply 3 -4 application on same pan, all will be rejected and if u put 3 -4 lots in one application you will not get more than 1 lot,that too on lottery system considering over subscribe 3x
There is no difference between GMP and Sub to. In Sub.2 you will trade a lot size (13) On GMP u decide quantity BTW this is not my personal rate It's buzz in market which may different city to city (Saturday one innocent investor sold 3 application at 1100,,!!! lac of knowledge)
301. R R Patel| Link| Bookmark|
July 17, 2018 10:07:52 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Its good to see the price reduction from 1360 to 1100 (approx 20%) after controversies regarding SEBIs direction to refund the amount to its distributors for pre IPO placement @1050 per share. A must apply IPO. I will apply in HDFC shareholders quota n retail category also.
Dear Arunbir You can apply 156 shares in shareholder quota and 13 shares in retail quota. Both together will not exceed 2 lakh. Both bids are valid. If you apply 156 shares in shareholder quota you will get minimum firm allotment of 13 shares in that category. If shareholder quota subscribes 6 times means you will get 26 shares. In shareholder category there is a proportional basis of allotment. And retail category you will get 13 share by lottery because in that category market expect 3 times over subscription by application wise.
301.5. R R Patel| Link| Bookmark|
July 21, 2018 9:33:41 AM
IPO Mentor (800+ Posts, 3400+ Likes)
@Rajkumar Well said. Fully agree with you. Me too will apply 12 lots as HDFC shareholders quota & 1 lot in retail category for maximum chances of allotment.
301.6. Ou Ai| Link| Bookmark|
July 21, 2018 11:32:25 AM
Top Contributor (300+ Posts, 300+ Likes)
@Rajakumar I am reading several times your messages that, one can apply in HDFC shareholders quota and retial quota to a maximum of 156 in shareholders quota and 13 in retail portion so as to not to exceed Rs. 2 lakhs. This is incorrect.
One can apply full quantity of 169 shares in both HDFC shareholders quota and retail quota separately. These will not be clubbed togtether and applications treated as duplication. Also it will not be treated as exceeding Rs. 2 lakhs. However, if one applies more than 169 in any one of the quotas when applying in both portions , then it will be treated as exceeding 2 lakhs and rejected.
This is for the information of all those who are applying under both HFDC shareholders and retail portion.
@ Rajakumar, How many applications is allowed per demat account or per PAN.
Also, pls let me know, "I have 1 demat account & 2 bank ( Savings ) accounts, shall I apply thru both the Banks". If yes then how many applications, If no then how many applications in single account.
Are you sure that share holders category allotment is on proportionate basis ? While I know that retail category is on lottery basis. Please advice
@ Ou Ai
You are also requested to please chip in on my query.
301.12. Ou Ai| Link| Bookmark|
July 22, 2018 12:04:14 PM
Top Contributor (300+ Posts, 300+ Likes)
Allotment method for HDFC shareholders category is same as that of retail individual investors. That is by draw of lots if oversubscribed over one time. It is prudent to apply only one lot if the oversubscription crosses 1 on first or second day. In ICICI Prudential Insurance IPO , retail oversubscribed by 1.37 times and ICICI Bank shareholders section oversubscribed by 12.6 times. Retail applicants got almost confirmed allotment whereas ICICI shareholders got in draw of lots. In HDFC asset IPO , 7.76 million shares at 35% are earmarked for retail and 2.4 million at 9.46% for HDFC shareholders.
Dear Andi, Yes proportionate basis of allotment. RHP PAGE 466
301.14. Ou Ai| Link| Bookmark|
July 23, 2018 4:03:46 AM
Top Contributor (300+ Posts, 300+ Likes)
@Rajakumar Read RHP 466 carefully till the end and entire paragraph of "Basis of Allotment". Proportionate basis after allotting one lot if the issue is under HDFC shareholder portion is subscribed less than one time. If oversubscribed more than one time draw of lots.
Half knowledge is not good. Leads to misguiding others.
Dear Ou Ai Yes you are correct. If less than one time then proportionate basis of allotment. If issue is over subscribes then allotment will be draw of lots.
Don't know Kiah sir. No news as such. But I booked loss last week and exited completely. If you have time then wait for quarterly results (I think this week) and then take final decision.