Indigo Paints Limited IPO Message Board (Page 46)

How are shares alloted for NIIs if there is over subscription. Do all NII applicants get same number of shares allotted no matter how much you applied for?

No all applicants don''t get same number of shares. Say if HNI subscription is 200x then anyone who applies 200 lots or more gets firm allotment depending upon various factors. Anyone applying below 200 lots is lottery (again depending on various factors) which is very difficult in HNI. Don''t apply in HNI. Apply multiple single lot Retail applications to increase chance of allotment.
P.S. I have explained allotment process in details Bectors and other IPOs.

Indigo Paints is valued at 148x its post-issue FY20 EPS of Rs 10.05

Too expensive for its current size, history and track record

Arun and Patel ji,
Almost a copy of Chemcon IPO, too high GMP, could not sustain even listing day.

Hi,

I have account in axis bank,
Can i apply myself and my wife for indigo ipo from same bank account

The application will get accepted or rejected ??

Yes you can apply .

Ankit ji, yes you can apply . For this register your spouse as beneficiary with demat and pan card details.

If one can share the ancho list, if available.
Will definitely make a difference to decide and apply for this ipo.

For those who have doubts on Cut off Time to authorize UPI mandate:

Is there any timeline by which I need to act upon the block request?

Yes. As per the indicative activity wise timeline prescribed in the SEBI Circular dated
November 01, 2018, in Phase I, all block requests which have not been acted upon by
12:00 p.m. on T+2 day i.e. two days after closure of the issue, would lapse. In Phase II, all
block / collect requests which have not been acted upon by 12:00 p.m. on T+1 day i.e. one
day after closure of the issue, would lapse.
Note: Please follow the Phase II timeline. (Phase I is over!)

What is the quota for Retail & HNIs category?

Retail 35%
HNI 15%

770

Will the anchor list SURPRISE?
Mutual funds are mostly managed arrangements, lets see if SWFs are willing to put in money at this price.

What is current GMP for Indigo Paint IPO

800

Indigo Paints IPO

GMP 805 +/- 5
Kostak 875 +/- 10
Subject 2 @7,000/-

Thank you ma''am .

Thank You madam

800/810

STEEL AUTHORITY OF INDIA LTD (SAIL) OFS

clearing price - 65.65

@crsl I applied through zerodha and selected cut off option. I didn''t get allotment but no regrets such opportunities keep coming. I think your interpretation is partially correct. As per a person on another forum my application might have been considered at 2nd day cut off price (not 65.65 but 67.35) but allotment at that price is not proportional but on first come first served basis

@investormahesh

found document clearly mentioned regarding allotment to retail cut off price, cut off price for retail is treated as clearing price of Non-Retail category, yes its my misinterpretation that cut off price is clearing price of retail & have no hesitation to regret for this.
SEBI should rethink about word cut-off price in retail ofs as it indicates price at which shares issued to investors or it should be clearly mentioned as cut-off price of Non-retail or Base price, as base price for retail is non-retail clearing price.

BSE -- Revised Guidelines for Bidding in Offer for Sale (OFS) Segment ----- Dated : January18, 2019

1.7.1.Allocation to Retail Investors:

............. a) Seller may offer discount to RetailInvestorson the cut off price/bid price.

............. b) Allocation to Retail Investors bids at cut off price shall be made based on the cut-off price determined in the Non-Retail category.

........... c) In case the OFS issue is oversubscribed in retail category up till the last price point / cut-off price

................... I. For Price Priority (i.e. Multiple Price) Allocation method: All the bids in retail category shall receive proportionate allotment at the last price point/cut-off price.

...................II. For Proportionate (i.e. Single Price) Allocation method:all the bids in retail category till cut-off price shall receive proportionate allotment.

@kens

INDIGO Paints form
https://www.lkpsec.com/AjaxPages/AjaxCreatepdf.aspx?srno=160396

indigo ipo ke physical form kaha pe available honge , NSE asba per abhi nahi upload hue he

It''s available on BSE website

Nureca Limited IPO cleared by SEBI

Employees will be offered a discount of Rs 148 per share

750

740/750

Arjun rajkot where are you..
So many days you are not active in this forum...

He must be looking for current GMP & new IPOs from his guru ji for all fellow members

he is enjoying holidays

Sail OFS applied 2000 at 68.20
100% allotment at 68.20 rs
Let''s hope for 72 rs opening on Monday and book profit

@parmod..applied higher price because of zerodha close time 2.30 PM while bid close time 3.30 PM...some time if my bid below cut off then zero allottment...i apply after looking at the CMP of share + bid details..at 2.30 PM as per bid cut off was 66.5 but by 3.30 PM it incraese to 67.35

Allotted at 68.20 and sold at exact 9.15 at 69.5
2000 shares
Done for the day
OFS never disappoints...BTST