Looking at bussiness profile and fundamentals. I think this stock can be hold after allotment and aggressive investors can add further quantities in phase manner for higher gains.
Hi All HNI calculation for India pesticide is as follows HNI subscription 51.88 times So = 51.88 X 14,800 = 7,67,824 INR Lagayenge to 1 retail lot milega is se 1 rupaye bhi kam lagaya to aap ko 1 bhi share nahi milaega. 7,67,824 se jo bhi amount aap adhik lagayenge to proportionate number of shares milenge.
You have to take into consideration the rejected and withdrawn bids. I applied for 50 lots i.e. 2500 shares (740000) and am allotted 1 lot ( 50 shares)
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July 1, 2021 2:18:36 PM
Top Contributor (500+ Posts, 100+ Likes)
In my humble opinion ..Always consider the whole picture. This is a old company . may be not following ideal corporate practices in the earlier avatar. When QIB s have invested 43X it could be something that is being blown out of proportion (by individual interest ??). I think a 15 % premium listing not impossible.
So its not 108+ shares as majority of boarders here predicted. I said you would get 90-100 but accepted that my calculation could be wrong. Good learning. Thanks for sharing the details. Cheers!
Never apply more than 1 lot per account in retail category if retail category is ovesubcrbed. You''ll not get more than 1 lot irrespective of lots you have appiled (i.e. whether you have applied for 1 lot or 13 lot, you''ll not be allotted more than 1 lot). There is no sense to block fund more than 1 lot per account in case of oversubscription in Retail Category. You should open demat accounts of your family members and apply through them also to increase your chances of allotment.