ideaForge Technology Limited IPO Message Board (Page 35)

Hello,

Newbie here. Can anyone please advise on whether it is better to apply through retail category or HNI category for IDEAForge? I am planning to apply for 25 Lots.

Thanks

you should apply in SHNI because Retail is only 10% and hni 15%

@AbbyR 
Depends on your risk appetite.
If you can accept to take a hit of 10-20% on 2 lac, go for sHNI. Else retail.
This is a general statement, not for this issue in particular.

And whether you apply for 14 lots or 25, it won't make a difference. You will get allotment of 14 lots only. It is a medium sized issue with attractive GMP as of now, so it will get oversubscribed handsomely.

Buyer 450

Off Topic :

I have applied for EPANCARD and received, but even after 5-6 days, still it is not active ( showing invalid while using).

Anyone faced same issue ?
Many email & calls follow up done but no output from NSDL & Income Tax.

Can a anchor list get over subscribed?

Ideaforge. 445--455

PKH VENTURES LIMITED IPO DATE'S CONFIRM

ISSUE DATE : 30-JUN TO 4-JUL, 2023
FRESH : 1,82,58,400 SHARES
OFS : 73,73,600 SHARES
RETAIL : 35%
FV : ₹5
OPEN : 30-JUN-2023
CLOSE : 4-JUL-2023
BASIS OF ALLOTMENT : 7-JUL-2023
INITIATION OF REFUNDS: 10-JUL-2023
CREDIT OF SHARES : 11-JUL-2023
IPO LISTING DATE : 12-JUL-2023

*PKH Ventures IPO*

Date : *30-Jun to 4-Jul, 2023*
*1,82,58,400 Fresh + 73,73,600 OFS*
Retail : *35%*
HNI : *15%*
QIB : *50%*

Prem 460/470

Jis hisab se GMP Chal raha hai
or RII OR HNI dono k mila ke only 25% hai
very tough to get allotment

Sorry to ask the expert members here.
I am completely not in the investment in IPOs from 1.5 years because of some personal and other problems. Can experts help me to understand what is SHNI and how it is different than retail quota apart from total no. Of lots. And one more thing is there higher chances to apply in SHNI then retail?
I am expecting advices from esteemed expert members of chittorgarh.

Retail is from 15K to 2Lakh
HNI is divided in two
Small-NHI (SHNI) Above 2L to 10L reserved portion 1/3 of Total HNI
Big-HNI (BHNI) Above 10L reserved portion 2/3 of Total HNI

Detailed clarification on below link
https://www.chittorgarh.com/faq/difference_between_retail_nii_and_qib_investor/13/

GMP 475-480

As interest rates will start cooling off from end of July we could see PE funding resulting to new unicorns and premium valuations
Some hot sectors could be agri( Waycool , Dehaat) , Robotics and AI , Drone tech
( Garuda aerospace , Paras aerospace pvt.ltd)
In this scenario companies like ideaforge, zen tech , paras defence, MTAR , DCM shriram , Rattanindia enterprises can command more valuations.
And increasing PLI schemes will boost its margins I believe it can make 40-45% in coming quarters

Moral of the story consider this ipo as listing as well as long term . This ipo is add on dips

हमे हिरे नहीं ढूंढने , हमें कोहिनूर ढूंढने हे

Suden demand for ideaforge
GMP from lows of 440 coming to 480-500

Off topic
But what's the age of all the forum members
I'm a newbie I'm 19 years old

Physical age has to be considered only a little but mental age matters more. It all depends on how one acts n reacts. By the way, I am just 65 only.

Wow there are wise senior citizens also in this forum
I did not expect that

Can anyone please tell that from where can one get ipo funding at least rates? Also, what is the ROI charged for such funding?

Sir, I am using netbanking of kotak bank I am unable to register my son's minor account to register as asba beneficiaries even also I visited to branch and they also unable to register asba for minor savings account, how are you using this? Please reply

Prem 485/500

Any source of info where I can find how exactly the BHNi allotment works?

1 BHNI or 5 SHni - which has more chances of allocation here. Capital available 10 lakhs, demat account available 5.

True, SHNI is getting really crowded. With time more and more people will jump from retail to SHNI.

Chances in 5 SHNI are most times better than 1 BHNI. In ikio chances for BHNI was not 1/6, actually it was 1/11. I would suggest you to go for 5 SHNI if you have only 10 Lakhs. If you can manage 60k extra amount then 1 BHNI and 4 retail would be a good option.

The dilemma.
Limited fund and the clash of IPOs.
Jis me gain jyada hai, usme milne ke chances kam hai.
Sab me thoda thoda apply karenge kuchh nahi milega.

(GMP % is tentative)
Name       GMP %      Last Day

Essen SME       30%       2023-06-27
Greenchef SME      20%       2023-06-27
Idea Forge MAIN      50%       2023-06-29
Cyient Main       20%       2023-06-30

Atleast both mainline ipo should not have come together...