What are the chances of getting allotment in shni if apply only 1 lot... Is it proportional basis or just like retail pure luck no matter how many lots apply even 1/1 can be allotted.
In SNII u can't apply one lot. u have to apply 14 or 15 lots as the case may be. In mainboard IPO there is no extra advantage in single application of more than minimum lot or lots in retail, SNII or BNII category if that category is oversubscribed APPLICATION WISE
I had applied for 2 lac sHNI application on zerodha. I then wanted to modify it to 10 lac bHNI application but zerodha doesn't allow 10 lac application. So I applied through ICICI net banking ASBA. but now zerodha doesn't allow cancellation. Now I am stuck with two applications with same PAN. Is there anyway I can cancel 1 application to avoid rejection of both applications.
you should first have cancelled ur application then applied for new application. you can cancel ASBA application . cancel it and apply from diffrent PAN . because if u will not cancel the application then both application will get rejected
HNI applications cannot be cancelled, but only modified upwards. Through UPI in zerodha you can apply for maximum of 5lakhs only. Hence it didnt allow u modification to bHNI.
Now as you have applied 2 times from same PAN , the rule says both applications will be rejected.
All the Best
88.4. Basuvr| Link| Bookmark|
December 26, 2023 10:58:09 AM
IPO Guru (2000+ Posts, 1100+ Likes)
@RajeshkJ Both application stands rejected. You can try sending mail to registar with all details, asking them to cancle your SHNI application. In rate cases they do cancel the application based on mail.
Today's two listing at discount. Pls re review your decision of investing in this IPO. My view is this may not give much listing gain but will not listen in discount.
Sir Apply or avoid INNOVA CAPTAB??? Due to bad listing of Muthoot and Suraj
85. abc xyz| Link| Bookmark|
December 26, 2023 9:25:53 AM
IPO Guru (1400+ Posts, 1400+ Likes)
Today Elnet Technology made a new high of 319. This stock was discussed in this forum when it was below 140. In just less than 6 months fund gets more than doubled. It's a great time as in ipos, most of us don't get allotment in good ones. These types of stock are much more better than ipos. Something is better than nothing.
Can pls you make list and suggest us any such IPOs Stocks which is available at discounted price? It will helpful for other people too
84. G profit| Link| Bookmark|
December 26, 2023 8:40:40 AM
IPO Mentor (1200+ Posts, 300+ Likes)
✍🏻 CheckPoint Before applying in any IPO
👉Read DRHP 👉Objectives of IPO 👉Promoters of the company 👉Valuations of the company 👉Financials of the company 👉Understand business of the company 👉Company potential in the market 👉Comparative evaluation with peers 👉Strengths & Risks (SWOT analysis) 👉Investment horizon (listing gains / long-term) 👉Check the market trends and GMP if planning for listing gains 👉Observe hype vs independent investment decision 👉Be sceptical if any broker is pitching an IPO too hard
@SATISH CHAVDA News papers give recommendations on long term basis. So must apply for listing gains ✅. Because going with listing gain is a instant short term game.
Hi all how can i apply in shni category and block funds in angelone? When i apply it shows down my upi id , can i block funds via upi ? havenot done it earlier . Pls help
Been reading and following the community since 2020 . Never saw such a selfless community anywhere. Hello @newgen consultancy Sir , Can you please help with the fair IPO price for Polymatech , Waree Energies and Orbis Financial . It would be of great help sir 🙏
79. YBPK| Link| Bookmark|
December 25, 2023 9:44:18 AM
Top Contributor (200+ Posts, 700 Likes)
Pharma company with 3 verticals, CDMO, domestic branded generics and international branded generics Capacity utilisation for 22-23 ranges from 41% for tablets to 87% for oral liquids Out of total issue size of Rs 570 cr, Offer for sale is for Rs 250 cr and fresh share issue is Rs 320 cr. Objects of the offer are repayment of debt of parent company, repaying debt of subsidiary and meeting working capital needs. Loans proposed to be repaid carry interest rate of 7.72% to 8.52% Pre IPO placement done @ Rs 448 per share to 360 One special opportunities fund. Sales in 22-23 grew 15.7% over 21-22 while EBIDTA grew 24.2% and PBT grew 3.5% for the same period. Decent cash flow. PBT for 39 mths till Jun-23 was Rs 248.54 cr while CFOB4T was Rs 272.1 cr. Gross trade receivables as on 30-Jun-23 were Rs 306 cr against which there is a provision of Rs 2.7 cr, Rs 100 cr is overdue for less than 6 months while Rs 7.6 cr is overdue for more than 6 months. Rest are not due + unbilled. Other income of Rs 9.2 cr includes forex gain of Rs 3.2 cr, fair value gain on CCPS and amortization of govt grant. Material cost as % of sales was 74.6% for 22-23 and 71.5% for Q1FY24 Company had over 1560 employees as on 31-Oct-23. Company deposited PF of 1236 employees for Nov-23 and 1217 employees for Nov-22 Based on working capital projections, company expects revenue of Rs 990 cr on standalone basis. Around 38% of 22-23 revenue came from top 10 CDMO customers Return on capital employed has been consistently over 20% for the last 3 years. 26.6% of 22-23 revenue came from branded generics of which domestic was 18% and balance was international branded generics. Company has acquired Sharon Bio Medicine which clocked revenue of Rs 192 cr in 22-23. It’s business lines are intermediates, API and finished dosages Decent anchor book with participation of Winro Commercial, Morgan Stanley etc.
79.1. k l patel| Link| Bookmark|
December 25, 2023 8:05:24 PM
IPO Mentor (600+ Posts, 200+ Likes)
I just studied about a New Set of Companies Which would Plan to list soon and this sector has only 2-3 listed Companies till date
The Sector is Eyes Related 👁 Services like Speciality Hospitals for eye care , Spectacle Makers and Allied Services As we saw the IPO rush in Stationary Industry Same can be the case here
Some notable companies here would be :
1.Lenskart 2.Maxivison Eye Hospitals 3.Centre for Sight Limited 4.Eyegear Optics 5.ASG Eye Hospital Disclaimer : Invested in one of the prominent Eye-Hospital Chain , Dr.Agarwal Eye Hospitals
78.1. Paymzia| Link| Bookmark|
December 25, 2023 6:49:59 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Hello @newgen consultancy , Can you please tell how can we purchase pre ipo companies from a reliable source.kindly reply really interested in purchase pre ipo companies but don’t know the exact way .
Pls ans my query Mere Dmat Sharekhan me he Jaha pe HDFC ka acc MAP he , Mera dusra bank account BOB me he, me BOB se IPO bhar sakta hu ? agar me BOB se IPO bharta hu to kya vo 3 parth Gina jayega ????