IKIO Lighting Limited IPO Message Board (Page 33)

Slowly Slowly subscription figures are on rise. Specially sHNI is going to shine very brighter. Investors want to corner more shares in less investment on application.
Even GMP is also moving higher and higher. Retail is not going to subscribe more than sHNI. So, retailers will get better allotment. 52 shares a good for them. Subscribed 1x. On last day, it will be unexpected figures. All SME funds likely to be diverted towards main IPO, called IKIO Lighting.

Will Touch 150 Soon.....

DIIFICULT TO CROSS 150/-- IT WILL BE BELOW 100/- BEFORE LISTING OF SECURITIES

Lets See

Any views on Landmark Cars ? Should I hold or book profit in it ?

@Soulful Trader Exit in bounce back
Next quarter can be challenging ,
Good company but can buy again at Lower levels

BHNI AND SHNI EXPECTED OVERSUBSCRIPTION, PLEASE

@Rajkumar Bhuj Could you please explain the diff between overall subscription vs forms wise subscription?

@Rajkumar Bhuj
No of applications would be much more than mankind since it has very good GMP whereas in mankind many did not applied because of fear of discount listing. I myself only applied 4 Bhni applications in mankind whereas here I will be applying FF with 10 Bhni applications.
My prediction is around 35000 applications would be there in Bhni which would mean around 12×.

GMP 123-125

125-127

Crazy demand in grey
GMP 112
Will apply with full force but on "last day"

Nagpur GMP 120 +- 2
Applying FULL FORCE 💪

HAPPY INVESTING 👍😀

Applied 20 retail applications and 2 Shni applications.

GMP 109/-
I AM APPLYING FF

BIG - 8/10 TIMES

BHNI WILL BE MORE THAN 50 TIMES CONSIDERING GMP

He is saying App wis(8 to 10 times) that means 40X to 50 X.

My Guess, this one is going to break all the records in bHNI category.
Retail - 25x
sHNI - 100x
bHNI - 100x

120/-
Maal Lao Maal

Dear Admin and C G Team,
Thank you very much for initiative for taking corrective measures in respect of self liking. I also take this opportunity to thank on behalf of the members who have taken initiative in this regard.
It is not clear from your part that this problem has been blocked and will not work in future. But at present it seems that the corrective measures have been taken and likes have been reduced, whether fully nor partially. Still the number of likes is more as a new member.
Thank you again.

Adminji, you gave justice to forum members. Koi bhi new member galat practice nahi karega. Agar koy aisa future me kare to usko block hi karna chahiye. No maafi. Just out.
Dhanyawad.

@Admin @ Chittorgarh.com Plz show "IPO RESERVATION" without excluding anchor investors like QIB 50% , NII 15% and Retail 35% because many peoples are thinking that retail portion in this IPO is 50%.

I think the way they are showing is correct.
Who are taking it wrong, let them do it.

Thank you. Retail quota is Not less than 35% of the Net Issue.

115/118

Whenever a company offers its initial shares with more than 35% retail quota, I get sceptical. In recent memory, USK Infra (LC on day close), Abans Holdings (LC on day close), Uma Exports (languishing below IPO price), and Exxaro Tiles (now below IPO price) have all given negative returns in the short-term.

However, it's worth noting that IKIO Lighting has GMP's godly hands as a support which was not the case in any of these IPOs. At more about 40% GMP to the upper price band, it's the biggest positive in my eyes. The company as a business doesn't impress me much as it's a very concentrated field of work, not to mention that 70% of revenue is from a single client (Philips). It's not enterprising at all.

58% fresh issue, good post-IPO promoter holding, and decent management are other positives. Yet, the asking price is too high even in comparison with its broader peers. The fact that it's one-of-a-kind company doesn't excite me. And if the GMP vanishes (which it can), only retailers like me will be left holding the bag.

If QIB and overall subscription crosses 30x and 20x respectively, I may try for 1 retail lot only for listing gains. Thanks.

Feeling very lucky to have received 1 retail lot. Expecting 30% profit.

Sold principal at 411. Profit of nearly 6.5K kept for lifetime. Fantastic listing and best since Hariom Pipe last April. Congratulations to all allottees.

IKIO Lighting IPO – *Required for 1X Subscription*:

Anchor = 181.95Crs
QIB = 121.30Crs

B-NII (>10L) Application = 2,923 Forms (for lotsize of 728)
S-NII (2L-10L) Application = 1,462 Forms (for lotsize of 728)
RII (<2L) Application = 1,43,235 Forms (for lotsize of 52)

IKIO Lighting IPO – *Market’s Current Estimates of OverSubscription*:

QIB = 27K Crs. = ~222.59X

B-NII (>10L) = 25K Forms = 8.55X Applic. wise (Avg allotment ~85.12 shares)

S-NII (2L-10L) = 50K Forms = 34.21X Applic. wise (Avg allotment ~21.28 shares)

RII (<2L) Application = 14L Forms = 9.77X Applic. wise (Avg allotment ~5.32 shares)

Interest cost *@9.00%p.a.* for 7days = *49.19paise for 1X*

Thus,
for QIB the costing = 222.59 X 49.19 paise = Rs.109.50 per share (= GMP)

for B-NII (>10L) the costing = 85.12 X 109.50 = Rs.9,321/- per form

for S-NII (2L-10L) the costing = 21.28 X 109.50 = Rs.2,330/- per form

And, for RII (<2L) the costing = 5.32 X 109.50 = Rs.583/- (= Kostak)

IKIO Lighting IPO – *GMP Estimated* (as on 06/June)

GMP = 110 +/- 1

KOSTAK:
for B-NII (>10L) = 9,000/-
for S-NII (2L-10L) = 2,000/-
for RII (<2L) = 550/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 728) = 64,000/-
for RII (<2L) (for lotsize of 52) = 4,500/-

IKIO Lighting IPO – *Expected Delivery Volume on Listing Day*

Pre-opening = 32L shares (NSE + BSE)
EOD = 127L shares (NSE + BSE)

I have a doubt if I put in shni of 14 lots
How many lots will I get if I'm allotted 1 or 14

@Aman Ipo Adhura gyan hamesha ghatak hota hai.

U will got only 1

Very good gmp. I am applying with my full capacity. But aware gmp is useful only to those having contact. Actual listing may be variable.

100% Agree with u dear

Day one is just amazing. BHNI have max chance of allotment. Let's see, this is good beginning. Nifty sustaining 18500 encouraging people to invest.

In my opinion this issue has good potential for listing gains. Many positive points :
2. Long term relationship with leading industry customers.
2. Strong focus on R & D.
3. Diverse product basket with focus on high margin area.
4. Experienced Promoters and Management team.
However pricing and valuations, not to bother as promoters not going to gift anything. Talk of present days. For terms of investment to decide on listing, I think.

OT:
Why ACI( Archean Chemical) up by more than 5.5% today?

ACI was recommended by some of the members in recent past. I am also holding.
Take your own ride.