2 lots retail (Different PAN) or 01 lot HNI? Which has better chance as per the final estimated subscription? I have applied 02 lots retail. Should I keep it or cancel?
81.2. Venkatram| Link| Bookmark|
May 26, 2023 2:32:48 PM
Top Contributor (300+ Posts, 100+ Likes)
for 2 lot applications - 1 lot each under 2 retail will give more chances than 2 lot HNI application as most of the times retail sub< (HNI Sub/2) which will give you the probability of allotment if you can do 10+ lots then HNI is hands down better.
how do ppl get crores to apply in single IPO? Not possible to apply in HNi category with these subscription figures
75. PLAZA| Link| Bookmark|
May 26, 2023 2:19:58 PM
IPO Guru (2400+ Posts, 1300+ Likes)
Heree in HNI data one should escalate no of times by 15 times more as market makers shares also included in this and they will apply for one time only so we have to add appx 15 times more what site is showing for safer side
75.1. PLAZA| Link| Bookmark|
May 26, 2023 2:59:49 PM
IPO Guru (2400+ Posts, 1300+ Likes)
This subscription figure consecutively for third issue shows in INDIA retailers are having so much surplus money to invest directly or indirectly through MF hence now FFIIS have to buy at upper level price of stock and Index not like in 2008 and 2015. But we shouldn't be overconfident and book partial profit as and when seem fit for one to one .
Retailers crossed 100x and NII on the verge to cross 100x. For retailers a difficult task to get an allotment again. Both categories likely to cross 125x. Good response in such a rush of SMEs.
Please have a look at the attached images and observe that the Red-colored "closing today" is hidden for IPOs with lengthy names (e.g. Hemant Surgical) and only visible if you reduce the resolution and font size decreases.
Not a major issue but can be improved from a UI point of view.