14.22 crore shares For retail 14.22 x 35 / 100 = 4.97 cr shares
Each lot will have 8 shares , so 4.97/8 = 0.62 cr lots
It means 62 lakh retail applicant will surely got allotment Is these calculations correct ??
95.1. Rolta| Link| Bookmark|
September 28, 2024 11:39:52 PM
Top Contributor (500+ Posts, 100+ Likes)
Every retailers will get allotment kosak and premium indicates....
95.2. Rolta| Link| Bookmark|
September 28, 2024 11:53:19 PM
Top Contributor (500+ Posts, 100+ Likes)
Out of 89 lakh applications in Bajaj housing 14 lakh was rejected ..some 12 lakhs in other categories..So retailers was 63 lakh after this deduction....Lots will move to SHIN....
94. Anil Mwt| Link| Bookmark|
September 28, 2024 2:40:57 PM
Top Contributor (400+ Posts, 100+ Likes)
SEA of RED for Weekend Study! SME IPOs Listed from 4th SEPT till 27th. Several have started listing below IPO price. After listing, bit up, many are falling below list price. GMP is a big trap now.🚨 It can be easily manipulated to entice people to apply or enter on listing day
94.1. Iranna| Link| Bookmark|
September 28, 2024 3:01:09 PM
Top Contributor (300+ Posts, 200+ Likes)
@Anil Mwt My experience so far with SME is that is a shady market. I have also observed many companies rise non stop for few days and fall like there is no bottom. I have understood so far that SME is dominated by shady flippers and shady LM. Cannot blame the entire SME eco system - I can say it is kinf of grey market - no safe for common ppl.
GMP has long lost its sense in this market with no co-relation to listing
94.2. SVH| Link| Bookmark|
September 28, 2024 11:49:51 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Bubble burst started in SMEs after Trafiqsol fiasco.
Better to stay away from SMEs.
In mainboard IPOs & secondary market also bubble burst can be seen soon.
Better to safeguard our hard earned money.
🙏👍
94.3. Iranna| Link| Bookmark|
September 29, 2024 3:34:37 PM
Top Contributor (300+ Posts, 200+ Likes)
@SVH As you have mentioned SME's real worth under the froth many ppl are realizing now, which will eventually slowdown. Many seasoned investors apart from regular flippers are staying away from SME for now.
You can say one by one such bursts may begin to happen - yet its a long process of a 1 to 2 years. Let's see how it unfolds
93. Sachin Sarda| Link| Bookmark|
September 28, 2024 6:26:39 PM
Top Contributor (200+ Posts, 100+ Likes)
Surely this ipo will break record of bajaj housing 1crore applications possible
Nifty's RSI has crossed 80. Currently around 83. If you look at historic data whenever Nifty's RSI has crossed 80 market has corrected significantly on an average of 10-15%. I feel this might list around 20% premium at max. So I doubt if it will cross 1 crore applications this time. 😉
Any experts opinion about the statement of @NayaknahiKhalNayakhumai Previous week was highest closing on friday as per gann rule also a correction is coming Any view other???
If your only aim in life is perfection then you'll never hit target 🎯.
93.3. Iranna| Link| Bookmark|
September 28, 2024 10:33:18 PM
Top Contributor (300+ Posts, 200+ Likes)
@NayaknahiKhalNayakhumai Yes what you mentioned is right - but we don't know when is the correction beginning to happen. All of us know "Winter is coming" but not sure when.
Bajaj was 7,000 Cr issue, Hyundai is going to be what I belive 25,000/- crore issue. After Bajaj high listing gains following IPOs have seen highly insane susbscriptions. Even if we go by Bajaj nos Hyundai will way above 1 cr applications until and unless correction has begun and IPO is then launched in market. Only time will tell.@Harsh Newguru
Believe first step towards correction will begin from Monday. Let's see. 😉
93.5. Rolta| Link| Bookmark|
September 28, 2024 10:52:54 PM
Top Contributor (500+ Posts, 100+ Likes)
@nayaknahi mutual funds FII are buying ..market will crack when RSI is near too 95 to 100.....and issue may be differ if market crash who knows...NSE has increased transaction charges from 1 st October...
93.6. Rolta| Link| Bookmark|
October 8, 2024 4:17:41 PM
Top Contributor (500+ Posts, 100+ Likes)
@NayaknahiKhalNayakhumai U r 100 % correct about your study of RSI SIR.hats on to u ..83 % of nifty RSI and form monday onwards correction started..gud sir.Can u guide how dipper it can go and whats the RSI today of nifty...Thanks
@Rolta Sir nobody is 100% correct in stock market and I am no different. Current RSI of Nifty is around 43. I expect no further correction now. Nifty has a very good support around 24650 levels. I may be wrong too. Let's see. Btw not expecting more than 10% returns in Hyundai IPO.
@Sachin Sarda GMP is in absolute freefall, from a high of 1000 touched a low of 180 today. With current scenario even 50 lakh applications seems very difficult.
93.9. Rolta| Link| Bookmark|
October 8, 2024 4:53:19 PM
Top Contributor (500+ Posts, 100+ Likes)
I understand that it's very early to estimate the figures but I am doing it so that I can allot my funds in a better way.
Estimating the subscription figures for this big 25000 cr IPO, wherein amounts reserved for Retail, Shni and Bhni would be 8750 Cr, 1250 Cr, 2500 Cr respectively, now I am assuming that it will be subscribed more or less same as the Bajaj Housing Finance, the subscription for the respective categories arrives at:
Respected seniors, I am having 4 accounts among my family members and a capital of 10,50,000. I am in a dilemma to go with 1 BHNI and 3 Retail or 4 SHNI since I believe that the allotment chances for 1 BHNI would be 1:2.4 whereas the allotment chances for SHNI would be around 1:7.
Now I understand that the allotment depends purely on luck in case of oversubscription but still I would like to invite your opinions on the same. Also, if you feel any corrections in the estimated figures, kindly opine on that too.
Does anyone know what happened to Belstar finance (Muthoot Finance SH quota) and Ashirwad Microfinance (Mannapuran finance SH quota) they have received SEBI approval on DRHP but still no RHP filed and no updates on IPO? Are they going to come? Is it good idea to buy muthoot and Mannapuran share still to be eligible for SH quota?
Query to experts / experienced IPO investors: If most of the applicants get allotment considering the size of the of this IPO (similar to LIC), who will buy this stock on the listing day as there will be selling pressure from Retail & HNI, unless it's managed well like VI.
85. Rolta| Link| Bookmark|
September 28, 2024 7:21:51 PM
Top Contributor (500+ Posts, 100+ Likes)
GMP is 490 and application rate is 3600 simply indicate firm allotment to retailers..
Jaise bajaj housing finance ka ipo aya tha voh apne sath tolin tyre/Pn gadgill jawellers jaise ipo le k aya tha abh hyundai motor ki barri Afcons infrastructure toh aah gya abh dekh te haa or kitne ahte haa or kab ate haa
@Vimal Garodia I guess allotment will be issue if ipo size is 25000 CR. If i appply 1_1 lot of SHNI from 2 different account then possibly i will get atlest one SHNI application in one account
Well, it depends on the oversubscribtion, in SHNI category and luck. It is not necessary that you will get one.. You might get 2 or zero or one, just luck in oversubscribed mainboard IPO.. But, i must say, chances for allotment are very good in this big a size of an IPO. All the best..
80.2. Mr. Singh| Link| Bookmark|
September 28, 2024 4:25:01 PM
IPO Guru (1000+ Posts, 600+ Likes)
Dr. agarwal's health care limited is promoter of listed entiry Dr Agarwals Eye Hospital, and not reverse right? Then how can shareholder quota in parent company IPO for individuals holding shares of child company?