IKIO Lighting Limited IPO Message Board (Page 24)

I think will be stable at 125 130

In terms of Rs......it is huge subscription

1 sHNI and 1 retail provided two demat accounts are not of same person. No use of 3L and 4L bids.

same as applying one lot.
It doesn't make sense to apply for multiple lots in retail category in over subscribed ipo.

Apply only 1 lot from 1 account

Can't say 50× but 40-45× I'd damn possible

YES, IT WILL CROSS 50 TIMES

Yes, it will cross 50x.

i think bhni will cross 70x.

70x seems difficult

50x almost crossed around 2 pm itself.
Expecting to cross 60x now.
Allotment chances are getting tougher and tougher.
Applied 8 bHNI applications.

@GrayIsTheNewBlack WHATS THE SIZE OF YOUR APPLICATIONS ??

@Dowg , all 8 bHNI applications of 3536 shares.
There is no point in applying bigger applications with the new lottery system.

It is oversubscribed in BHNI so now allotment will be 728 share or 3536 share on lottery system

@SMEIPO 728 shares only.

@GrayIsTheNewBlack NO BRO, I THINK IF U COULD HAVE APPLIED 90LOTS APPLICATION INSTEAD OF 68 & REDUCED THE NUMBER OF APPLICATIONS, U HAD BETTER CHANCES OF ALLOTMENT AS I THINK BHNI SUBSCRIPTION IS LIKELY TO CROSS 70X.
CORRECT ME PLZ IF I M WRONG.

@Mr.Investor Just apply 68 lots (3536 shares) from each account (BHNI application). This will give you best chance of allotment.

5 Bhni

@MrInvestor 
5 SHNI

Congratulations sir. In next ipo you will have 61 to 71 lakh.

Go for 5 BHNI. If have more accounts then split in SHNI

5 BHNI

apply any amount between 12 to 13 lakh in each of 5 application.... use same amount in each application....

@Mr.Investor ACCEPT THE PROPOSAL OF @lokes THE BEST ADVISE.
OR BEST ADVISE IS APPLY FF IN SINGLE APPLICATION

@lokes Sir just saw your msg. Applied 68 lots in each. Will keep in my mind for next time. Because of SME ipos' i have forgotten the BOA for mainboard ipos. I do remember you had posted a indepth post regarding the BOA. Will find that and save it.

THANKYOU @MAMU @Jai Jai Pratap @B.M.SURANA @IPOGainers @Sam Devkar @Dowg . @Bullrunner Bhai apke muh mein ghee shakar 🎉.

So applying with bigger amounts in BHNI means more chances of allotment @lokes

@Mr.Investor DONT GET OVER EXCITED, IF SUBSCRIPTION IN BHNI GOES PAST 70X STILL ALLOTMENT IS DEPENDENT ON LOTTARY, NOT A FIRM ALLOTMENT. WHICH IS LIKELY TO CROSS 70X.

Respected @lokes Sir, in my view when IPO is subscribed heavily (which is the case here) then applying the minimum lots in BHNI (68 lots in case of IKIO IPO) category is the best option. Yes you can apply more lots but chances of that number of lots eligible for lottery depends on how many applications came for the same number of lots. This situation is dynamic and until those application count is sufficient in numbers that lot size will not come in to lottery and that investor may loose allotment.

Please correct me if I am wrong or if you or other members have more information then please enlighten us.