IKIO Lighting Limited IPO Message Board (Page 21)

The Grey market people are still buying and it's not seller only so it's not that negative it may be a price fluctuation to buy at cheaper price as people would freak out and sell to them at lower GMPs.

I thing a flat 40-45% + listing is more certain as there ll be demand after the listing as well.

Stay positive

Okay! What's your final prediction of what can happen on the day of listing ?

I'm certain that GMP won't slide down below 85 and that we can still see an unexpected Mankind like listing that can positively surprise all of us.

I would love to know your expert comments.

@Ujjwal Agarwal I am also of the same opinion as you.. GMP down may be because of high subscription and allotment will be tough..I guess we can see jump in GMP after allotment..

My view only.. I can be 100% wrong..

IKIO Lighting IPO – *GMP Estimated* (as on 10/June)

GMP = 100 +/- 1

KOSTAK:
for B-NII (>10L) = 6,600/-
for S-NII (2L-10L) = 1,250/-
for RII (<2L) = 500/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 728) = 58,000/-
for RII (<2L) (for lotsize of 52) = 4,150/-

What is the procedure to sell applications ?

Search nearest good and trusted broker who deal in GREY MARKET, he will guide you better.

GMP slipped below 100
Current rate - 98-100

Hello, I have 7 retail applications and 1 sHni application is there any buyer ?

We may connect

Singal Application में 13 LOT अप्लाई किया है...... कम से कम एक लॉट मिलने की कितने प्रतिशत संभावना है ?

Isme to proportional wise allotment hota h n??

Chale 1 lot apply ya 5 ya 13 koi farak nahin padta, agar aapka naam lottery me nikla to 1 lot milega. Main board ipo me retail aur HNI me lottery system Hai, keval sme ipo me hi category me proportionate basis pe allotment hota Hai.

Gmp 100/102

Dixon Technologies:
EPS for FY23 = 42.92
CMP = 4,080
Hence, PE = 95.06

IKIO Lighting:
EPS for 9MFY23 = 7.90
Annualised EPS = 7.90 ÷ 3 X 4 = 10.53
Issue Price = 285

If,
we are to consider IKIO valuation to be at par with Dixon’s PE of 95.06
Then,
IKIO should be = 10.53 X 95.06 = 1,001

Wheras,
If,
we are to consider IKIO valuation to be at 50% with Dixon’s PE of 95.06
Then,
IKIO should be = 10.53 X 47.53 = 500

IKIO can't be compared as such with Dixon...

मैडम,आप इतना अनुभवी होने पर भी DIXON और IKIQ में तुलना कर रही‌ है,दोनों के उत्पाद में बहुत अन्तर है।DIXON MOBIL के क्षेत्र मे है,IKIQ LED लाईट के क्षेत्र में(मात्र फिलिप्स को 85%)

All listing myth will change if GMP will not increase before Tuesday.
So wait for you prediction in listing.
GMP is not rising, which is not a good sign as of now from my side in current situation.
When allotment will come it will not absorb quantity if NOT rise from now.

Observing same pattern with few exceptions since sebi brought the SHNI-BHNI changes last year on 1st of May. 15-25% GMP gets wiped out by the time of listing.

After hard hitting 82 again start upward journey to 92
Hope it will continue till 9:45 on Friday 😊

Is 500+ Listing possible ??

I applied for two applications from different demate accounts but with same bank account which is a joint account. Is there any quarry on this?

Most likely joint account holder application will be rejected.
BTW: which bank is this? Most pvt banks allow only one dmat account in the first name.
Good luck for the lottery.

Don't worry
I got allotment crayons with UPI blocked amount by other account.

IKIO Lighting IPO – *GMP Estimated* (as on 09/June)

GMP = 110 +/- 1

KOSTAK:
for B-NII (>10L) = 7,300/-
for S-NII (2L-10L) = 1,400/-
for RII (<2L) = 540/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 728) = 64,000/-
for RII (<2L) (for lotsize of 52) = 4,575/-

IKIO Lighting IPO

Applications Received:

B-NII (>10L) = 32,000
S-NII (2L-10L) = 84,000
RII (<2L) = 15,00,000

Final Tally

Gmp 110/112

These are the rules I posted for newcomers. Lot of odd applications are given by investors so posting this again. Hope this will solve worries while appling to next issue from main board.
few tips for newcomers.
1. Third party applications are ruled out. PAN from demat and bank must be same.
2. There is no problem in minor changes in name. Finalization of allotment is on the basis of PAN in demat and bank.
3. Prefer ASBA over UPI. It has no any special advantage during allotment but reduces chance of technical rejections. Benefit of upi is, UPI gives additional time to apply, but go for last minute. It is not mandatory for broker to send all application to exchange who applied lately on last day of issue
4. When issue is over subscribed, apply only for one lot in retail. In overubscribed IPO no one can get more than one lot.
5. Always apply at higher price band.
6. To increase chance of allotment open demat for all your family members. Guide them to handle.
7. When you are applying manually through the branch, do not use photocopy of application form. Each application must have different application number.
Categories:
1. Individual investor can apply in categories namey RII and NII.
2. Allotment in both categories in done on the basis of lottery when issues oversubscribed. Method of allotment is different than SMEs.
2. NII have two sub categories.
a) from 2L to 10L sHNI/ sNII
b) above 10L bHNI/ bNII
Here allotment is similar to retail. Both categories will get allotment of #l 2L rupees (generally 14 lots)
c) Do not select cut off price in NII.

If your PAN selected on Sons accout, application ultimately refered as third party. yes ban k prevously allows facility, joint acc of minor and parent was necessary. lot will depend on age of kid. if age is above 10 I think no problem for asba. if problem persists, go for alternative like HDFC bank, bank of Maharashra, they permit this facility for minors.

@all Relax don't bother about gmp. This won't list in discount. I am well secure about ELG of 32%, finally market is boss.
KAYNES reached my expected milestone, booking all profit by keeping free shares in account

My listing estimate- 405-415

3 retail application with 3 different pan & bank account hope atleast 1lot

is B-HNI also lottery? or proportionate basis?

allotment through lottery only.

THATS SAD, ANYWAYS THANKS FOR INFO. LOTTARY WILL BE IN BETWEEN APPLICATIONS WHO HAS APPLIED FOR SAME NUMBER OF LOTS ?
I.E. SUPPOSE ISSUE IS SUBSCRIBED BY 50X
THERE ARE SAY 10 APPLICATIONS WITH 70 LOTS.
SO LOTTARY WILL BE BETWEEN APPLICATIONS WITH 70 LOTS or BETWEEN ALL BHNI APPLICATIONS ?

११४/११७

IKIO Lighting IPO – *GMP Estimated* (as on 09/June)

GMP = 120 +/- 1

KOSTAK:
for B-NII (>10L) = 7,250/-
for S-NII (2L-10L) = 1,600/-
for RII (<2L) = 550/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 728) = 70,000/-
for RII (<2L) (for lotsize of 52) = 5,000/-