ideaForge Technology Limited IPO Message Board (Page 25)

Me and my brother have different PAN, demat account and bank account but same phone number. Will their be any issue in allotment of the IPO?

The PAN has to be unique, then it won't get rejected

No issues.
I have couple of accounts with same phone and different PAN. I got allotment in both recently.

Upstox showing bid will be sent tomorrow to stock exchange at 10.AM
Chittorgarh is showing something else

Ideaforge -3 BHNI
Cyient DLM - 3 BHNI
Magson - 4 lots HNI
ESSEN - 1 retail
Greenchef - 1 retail

where to put additional 39 lakhs? Pentagon or 1more BHNI in ideaforge and Cyient ?

Rich 🤑 people's problems.... I am thinking which one should I skip. 😭😭

Hello BigSharks,

I mostly applied in retail categories.
This time im planning to apply in shni category. Lot size between14 to 67 considered as Shni application as per the details provided.

Now if i'm applying 15 lots, and my friend applying 25 lots in same shni category, then what should be allotment chances?

Does high number of lots gets more priority? (For shni 66 may be)

no it is on lottery based system like retail only , not difference between applying 15 and 25 lots , if your pan card gets selected, you'll be alloted minimum amount of lots in that category , which is 14 lots in hni category

No use of applying more than 14 lots in the shni category

Me and my brother want to apply for the IPO. We both have different PAN, demat account and bank account but we share same phone number. Will it affect my IPO application? Pls advice

@neoji  no issues with that. Both applications will be valid.

Esteemed fellow experts,
Can anybody suggest, if I've 42 lacs & 5 demat accounts,how to distribute funds both in Idea & Cyient for max probability of allotment & net listing gain, Thanks guys

apply 3 bhni & all other shni

Idea, 5 shni
Cyient, 3 bhni and 1 shni
Cyient i beleive will have 1 out of 4 in bhni, while idea will have 1 out of 10 in bhni i think. So better allotment chances will be cyient.

Expected subscription in bhni due to early closures if any

As u expected around 50 . Hope so

Pl read I instead of u

Hello! experts,
In case of allotment against a 68 lot BHNI application, how may shares woud be allotted? 1474? or 308? Experts who get allottments in this category please confirm at the earliest.

@UjwalG  Thank you! Sir for the quick response. I asked as I might need the remaining money urgently in case of allotment.

Divide the bhni subscription by 5 that would be the ratio of lottery. Ex if bhni is 50x then then every 1:10 application would get an allotment of 14 lots.

IdeaForge have filed an application with SEBI for extention of the issue till 30th June however, will get to know about its approval only tomorrow.
Hence, under any case, issue is open for tomorrow and will get extented to 30th June only if SEBI approval comes in tomorrow.

What was that icici facility which give good interest rate and money can be applied in ipo without breaking fd, I forgot the name as I went to the branch they said they know nothing about the same?
Felxi what?
Anybody please help

@KAMI the facility is called Money Multiier FD.

@RainMan @Vimal Garodia  Thanks guys

Expected subscription.
Retail= 50
HNI = 60
bHNI= 70

sHNI 60

If it surpass 60 times then premium will shoot up further

Seems finally closing today being holiday on 29th

Yes, today is last date

Please do not wait for last moment or cut off time of bank. There may be surprised moments in last minutes in some banks due to change of closing date. I have applied with all accounts in FF. Regards

what is the last date to apply?

Ideaforge ipo
IPO CLOSE -- 28 June 2023

zerodha saying 29 is last date.

Ek doubt clear kardo plz
Sbi yono light app se me asba se friend aur family ka apply kar sakta hu kya ...
Same bank but different demat and pan
Kisi ko allotment hua he third party ka to plz help

@Aniii Sbi account holder ka pan no.hi accept hota hai net banking mai.
Sbi account se link UPI ID se third party ki allotment ho chuki hai

Third party Asba is always accepted....

Only third party upi will be rejected

it is very hard to decide between ideaforge and cyient with only 10L and 4 demat accounts.
can anyone guide optimum allocation of funds?

expecting 3 digit subscription in hni here

4shni in cyient is best. Can put 1 shni in ideaforge. Money is being split in both ipo and because of high gmp,social buzz, ideaforge will naturally have high subs than cyient. Although cyient may give surprise.listing as it is opposite to the herd party

heartly request to everyone to guide me. (1) how to apply SHNI app. through AXIS BANK ASBA? Because there is no option for select SHNI INVESTOR CETEGARY. (2) is there compelsory select "CUT OFF" option while puting price like retail catagery or fill up upper price band manually? thanks in advance for everybody for guide me.

There's no price band for HNI categories..... so apply without cutoff...

Price band range is only for retailers

THANKS IPO GAINERS & IPO WIZARD SIR. FOR REPLY.

Have a doubt about closing date of this ipo, angel one showing closing date 28 but bse and chittorgarh showing 29June is ipo closing date.
And also on 29th june is market holiday.

Official announcement already passed
Ideaforge to close tomorrow .

@newgen consultancy 
sir share document please 🙏

GMP 530-535
Sbt 10k

Subscription Expectations
QIB - 120×
HNI - 75×
SHNI - 60×
Retail - 55×