ideaForge Technology Limited IPO Message Board (Page 27)

APPLIED ALL IN BHNI BEING CLOSING on 28th HOS

BHNI is also over-subscribed. So its all lottery now

some amount meight be shifted to cyient due to heavy subscription

Request for urgent advice from Senior members : What is the bHNI allotment basis if more than 5X subscription - is it based on lottery/draw of lots or on proportionate basis (i.e. higher the bid better the chance) ?

It is based on lottery

Latest rule- its lottery

Looks like all categories are heading for lottery....

Yes...All categories will be lottery

does anybody here know how to save tax on profit pf bhni application?

@Manan Surana Very optimistic sir.. allotment se pehle hi profit pe tax planning..😜 nice..

You might not even get it. Its total lottery

If I apply bhni will I get more shares

Sorry I forgot pls guide

You will get 206K rs shares

most likely you won't. Totally. depends on lottery.

Is it possible to modify HNI bid on zerodha? What is the process?

You cant modify HNI bid.

I HAVE 7 A/C, TO GET BETTER CHANCES OF ALLOTMENT WHICH IS BETTER OPTION.
1) 7 SHNI
2) 1 BHNI + 2 SHNI + 4 RETAIL

All SHNI is better option since it will have more probability of selection.

Sebi Observation letter issued below IPOs last week end on 23-Jun-2023

1. Tata Technologies Limited (21-Jun-2023)
2. Gandhar Oil Refinary Limited (23-Jun-2023)
3. SBFC Finance Limited (23-Jun-2023)

Many people are confused on aggressive valuations of the company which is 87.54
And making a decision to just apply for listing gains but mind well
The company incurred around 24-26* cr ESOP'cost in the year which had a huge impact on its margins

If we consider adjusted profits It comes around 58cr PAT
where on m.cap of 2800cr
PE comes at 48.5
Which is very reasonable. I would even say cheaper compared to peers.

PE of Peers ( Real peers not as per rhp)

Zen tech - 80
Dronecharya Aerial - 124
Paras defence - 67

If it lists at Rs.500 premium (taking conservative)

672+500=1172
Market cap on 1172 = 4833cr
PE = 84

Moral : Don't see what's been shown by its competitors and that fake 1300 pg report
See the real , intrinsic value of the company

Don't fear on valuations. Young and dynamic promoters. Don't miss the BOAT(IDEAFORGE)
Participate without hesitating in the sector whose sunrise is yet to start.

Only for educational purposes *

@sbipo 
1.When NSDL IPO will be a success
2.All pending legal judgments are settled
3.Stability in unauthorized dealing of Nse shares

Considering all this minimum 2 yrs to go for filing

But NSDL IPO filing is possible till year end or next jan-feb

Minor ASBA bank recommendation please. Bank which allows PAN integration with account easily.

@rahulkrjain For minor there is no TRADING ACCOUNT in any stock broker, except PROSTOCK (Which has certain terms & condition).

As far as i concern, For MINORS ASBA A/c (Properly filled with MINOR PAN DETAIL) and getting DIS Certificate (For Trf shares) is good option.

Because, I dont apply SME Shares & i all only in retail category in MAINBOARD shares. So, holding for 1 or 2days that doesnt make any big differences.

I have opened minor account with hdfc but when I go to apply for asba for minor account, pan what is showing is mine, how can I change it?

Small issue size, Huge subscription. Retail may be 1 out of 60. Lesser chances of allotment. Luckily if alloted well and good, but if not, should the plan B to buy around 1175-1200 on listing and wait for 1275 intraday or 1750 for long term?

By mistake I have applied 2 retail application in same account and accept UPI mandate.through prostock

How to cancell one....no option I have seen...thanks in advance.

Dear Members
By mistake i have applied with UPI and ASBA from 2 bank accounts for same demat SHNI bid. What can be done to avoid cancellation for both.

@German 

It's a lesson for persons like me.

I also considered doing like this
But we should doubly careful while applying, I think

@Allen brother you are 100 % correct..we should be careful

how i can check my bid accept i submit form physical
today problme in bank so

Is it worth applying for one lot in sHNI or multiple lots in retail.

depends how many accounts and funds you have. if exact 2 lakh available then should apply in SHNI as allotment changes are high and you will get 14 lots if allotted in SHNI

apply shni,
no use of applying multiple lots in retail

BHNI 16+ times would effectlively mean 3+ times. Correct?

IMO , correct

@Ascension↗  Thanks!

Hello Respected members,

Using HDFC ASBA, it is not permitting to enter the full DP name: "Zerodha Broking Limited". Last 4 letters of Limited word is not being allowed. What would be the best solution in this case, anyone who has faced a similar issue in HDFC ASBA.

A simple 'Zerodha' will suffice.

Just write ZERODHA I have been applying for eons and it works.

Hi Members... I applied first time through Google pay via zerodha IPO ideaforge. But the upi madate failing with error . But the status shows in Zeodha submitted. Can any body tell what is the outcome.

Better you cancel application and try to apply again

नमस्ते सर जी यह ideaforge आईपीओ में कौन सी एप्लीकेशन करें जिसमें ज्यादा चांस है लगने का shni, bhni, या रिटेल में 13 का लोट या रिटेल में सिंगल का लोट थोड़ा समझाने का मेहरबानी जी12:

@Manav Walunj 
So you mean that BHNI 68 lot is better than SHNI 67 lot to apply?

yes bhni has better chance than shni

1 shni 67 lot or 1 big hni 68 lot, which is best?

1 BHNI is the best to apply