Has anyone applied for full quota of 2L Rs in a single application? Also please share the maximum number of shares allotted for a single application. Thanks!
Most of last IPOs were subscribed multifold, so nobody applied for more than a single lot. It was Varun Bevarages only where I applied for 2 lots and got 2 lots.
The number of shares were oversubscribed right? and not the number of applications.. So there is possibility for more than a lot per application. Please correct me if I am wrong.
Its number of applications, that''s why lottery is required.
In other case where number of application is less then 1 times, you will definitely get one lot. If applied for more lots, you have chances of getting more lots depending upon subscription.
ref.: 548.3 Raghu, plz let me know your saying ,where number of application is less than 1 times....as i am new to this IPO applying ...you mean to say i should apply for 200 shares only..i am having only one demat account in my name only.. plz be kind to reply me to guide. may be your guidance will help me get allotment in this ipo
Yes, there is one application per account. That''s why my strategy is, apply on last day only. Benefit of that is that we can take informed decision. We would have initial information regarding number of application and how many times it is going to be subscribed on last day. Based on this information, one can easily take a call whether one lot or multiple lots.
This forum is very nice place. Boarders are very kind and providing these information on regular basis when IPO is open. Just keep reading the comments for details.
For IPO you can apply only 1 application through 1 pan card but for Banking Lien Unlimited application ... ( 1 Bank account Maximum 5 IPO Appl. Lien but Many Account of 1 PAN card * 5 Application )
***********By this Way you can use S Chand Fund in HUDCO***********
If you can fill up manual IPO form then .
First do Bidding by broker on 11/05/2017 ( Last Day of Issue )
After Bidding take form from Broker and give that IPO for to bank for Lien fund on 12/05/2017 ( Next day of closing ipo ). Bank will accept form and will do Lien IPO fund ..
By this method , You can use S Chand fund in HUDCO.
Other Method > Request broker to release Fund Payout of S Chand by NEFT on Payout date - 11/05/2017 . You will get fund on 12/05/2017 morning.
HUDCO IPO do apply by Physical Form ( Not Online ) on last day 11/05/2017 . Give form to your Broker for Bidding , they will do bidding on 11/05/2017 and ask them to give form to Bank on 12/05/2017 then Bank will accept same and do Lien...
Red flags: Total loan book of Rs. 36386 with only 30.86% to housing sector, 69% to infrastructure sector. Housing sector is counted as safe as compared to infrastructure in industry. Housing loan book is low. Total 89.93% of loans to Government. It’s hard to get money from Government projects especially infrastructure projects i.e road projects. Housing loan to individual (retail) is less or zero. NPA is high. Company needs to work under Government influence. Company can’t work independently. Company need to work under political pressure. Green flags: Last three year financial nos. are good but not excellent. Asking price is reasonable – P/E -14 and P/BV – 1.3. Company’s line of business is aligning with Central Government’s main policies like – home for everyone. Central Government’s disinvestment plan is high for year 2017-18. Government will not make any negative impression on investors because many other disinvestments are in pipeline. Conclusion: Market condition is favorable. Grey market premium is also good. Housing – infrastructure financing companies are doing good at present. Company is coming with good price band i.e. P/E – 14. Listing gain is possible. But investors will not get benefits like PNB Housing Finance, LIC Hou etc. In a long-term also it will not outperform like HDFC, Bajaj Finance. It will oversubscribe more than 5 times in retail section. It is advisable to apply one lot per application. Disclosure – I am applying.
Is there any bank which gives facility of more than one ipo application through one account and allows time of filling application upto atleast 3 pm on final day?