If u want to make money from money with safe mode , u need to maximum utilisation of your excess funds.
Apply with one lot only and Rest 30k fund give to other person @profit sharing or on interest who needs as u can find easily sometimes , who bid with lots of demats but have less funds or kept in bank .
@ DOWNEY you must apply for 3 different application with minimum lot from different PAN.As this issue will definitely oversubscribed.so chances of getting at least one application in case of 3 different application is more compare to single application of 45K.
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.
287.1. Ou Ai| Link| Bookmark|
July 22, 2018 2:42:56 PM
Top Contributor (300+ Posts, 300+ Likes)
Any reason for copying the someone else's message and restating as if one's own? LOL
Response to this IPO could have been Rs 2.5 lac core or more than that of coal India the no. 2 response till date if all categories are merged and allotment done on proportionate basis or even more than Rs 7.5 lac core the world record by reliance power.
Response to this IPO could have been Rs 2.5 lac core or more than that of coal India the no. 2 response till date if all categories are merged and allotment done on proportionate basis or even more than Rs 7.5 lac core the world record by reliance power.
285. Aniketiaf| Link| Bookmark|
July 22, 2018 2:01:06 PM
IPO Guru (1800+ Posts, 10200+ Likes)
IRCON gets SEBI's approval for the ipo. The company is a Rail PSU company promoted by The President of India . The size of the IPO is around 550cr.
284. Aniketiaf| Link| Bookmark|
July 22, 2018 1:54:27 PM
IPO Guru (1800+ Posts, 10200+ Likes)
IRCON gets SEBI's approval for the ipo. The company is a Rail PSU company promoted by The President of India . The size of the IPO is around 550cr.
283. Aniketiaf| Link| Bookmark|
July 22, 2018 1:47:32 PM
IPO Guru (1800+ Posts, 10200+ Likes)
KPR Agrochem gets SEBI's Clarence for the ipo . The company is a manufacturer, distributor and retailer of wide range of crop yield enhancing and protection products. The size of IPO is around 200 cr+
282. Aniketiaf| Link| Bookmark|
July 22, 2018 11:29:55 AM
IPO Guru (1800+ Posts, 10200+ Likes)
Members having sufficient fund (Over and Above HDFC AMC )can also consider a SME IPO Ushanti Colour Chem Limited opening on 23 Jul 18 for a listing gain of 10-20%
282.1. Aniketiaf| Link| Bookmark|
August 2, 2018 3:42:28 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Very good lising of sme IPO USHANTI COLOUR CHEMICAL LTD. Locked at U/C. Sold one allotted lot @ U/C. Kept another for a target of 80 +
282.2. Aniketiaf| Link| Bookmark|
August 3, 2018 4:19:09 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Strategy: If you have 10 applications of this ipo then you can sell them in the gray market, in this way you will have Rs 15000 with which you can buy 10 shares of HDFC AMC and you can hold it for a long time. and make more good profit and be safe also...
280. Arunblr| Link| Bookmark|
July 22, 2018 10:34:41 AM
Top Contributor (400+ Posts, 100+ Likes)
We are really missing our mentor and intellectual comments of septa, eagleeye in this blockbuster IPO. Hope they may join soon.
279. Arunblr| Link| Bookmark|
July 21, 2018 9:26:59 AM
Top Contributor (400+ Posts, 100+ Likes)
I didn't get any allotment in good IPO even though I applied 1 lot in different 8 accounts with different PAN & demat. As suggested by intellectuals of this forum to apply with full force. This time I would tlike to apply at least 2 accounts in NII/HNI category with more than 2 lakhs but less than 3 lakhs. Suppose I applied 221 no's (17 lots i.e. Rs 243100) and issue subscribeed 200 times in that category. What is approx share will be allotted.? Pl suggest I will borrow fund accordingly to apply with full throttle. Thanks & Regards
Don't agree with you I also use 8 different pan/application I got virtually Everytime atleast 1 to max 8 allotment For hni subscription you Wil not get any substantial allotment with 2.5lc rs application Advice to file 8 application in retail in this case
279.2. R R Patel| Link| Bookmark|
July 21, 2018 9:48:25 AM
IPO Mentor (800+ Posts, 3400+ Likes)
Yes. Agree with harit. Apply single lot in each account. @arunblr This time you can get 2-3 lots in retail category in your 8 accounts so applying in hni category will not be beneficial because retail subscription 3X expected while hni subscription may be 100X +++
279.3. Arunblr| Link| Bookmark|
July 21, 2018 5:47:07 PM
Top Contributor (400+ Posts, 100+ Likes)
Dear harit and RR Patel sir. Thank you for prompt reply. As you said you didn't agree that about my non allotment out of 8 different application. If required I will share all 8 PAN for your perusal. Actually I applied online ASBA through SBI, Bank of Baroda, Canara bank on different dates during bidding period. If any change in methods please let me know. As you said appling in HNI/NII category not beneficial. But getting one share under that category I will feel very happy. I don't have HDFC share. So can't apply under shareholders category. This time I would like to apply 8 applications. ( 5 no's applications in retail @ 1lot and 3 no's applications in HNI/NII category between 2-3lakh). Thanks for your valuable guidance. Regards
Some serious problem with your case I don't believe that bandhan bank,indostar,fine org,varroc U have not allotted single lot Check out the DP details link pan and adhar no. Properly My advice would be to file offline application to directly to your bank Branch on first day In case of hni instead of 2-3 application of 2.5-3lc.do one application for more than 10 lc But somehow I am confused in ur case U have enough time check all the details of your family DP a/c
Even with the 100x HNI subscription, you won't get more than 3 confirmed shares. So basically, profit of around 1200 Rs on the investment of 2.5 lacs. Don't do that!! You at least need 14 Lacs to get (considering 100x subscription) 13 confirmed share.