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Inox India Limited IPO Message Board (Page 24)

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246. Sleeping lion |   Link |  Bookmark | December 18, 2023 3:07:22 PM
@newgen consultancy  , @Crow  , @MuStrFc  and other respected CG members,

I have applied 2 different retail applications each in DOMS, Indian Shelter and Inox (total 6 applications). I would like to re-utilise the funds for the remaining IPOs in this week from the funds of DOMS, Indian Shelter and Inox. Is following priority order is good based on the fundamentals of the companies?

(1) Happy Forgings
(2) Azad Engineering
(3) Mufti Menswear or Muthoot Microfin

Additionally, please suggest for the 3rd option...whether to go for Mufti or Muthoot? Thanks a lot in advance.
246.5. MuStrFc |   Link |  Bookmark | December 18, 2023 4:44:43 PM
IPO Guru IPO Guru (3000+ Posts, 2400+ Likes)
Will be a touch and go case if banks and RTA do not follow the timeline, but if other things remain equal, that is how you should approach it.
246.6. Sleeping lion |   Link |  Bookmark | December 18, 2023 4:48:22 PM
@MuStrFc Thanks a lot for your inputs! Will decide accordingly. Any thoughts on possible discount listing of Muthoot?
245. GJ 😀 |   Link |  Bookmark | December 18, 2023 4:29:18 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Inox CVA IPO,
8 Retail apps
245.1. GJ 😀 |   Link |  Bookmark | December 21, 2023 5:07:15 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Inox CVA IPO,
0 allotment
245.2. GJ 😀 |   Link |  Bookmark | December 27, 2023 11:10:57 AM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Bought at 900 on listing day
sold today with small profit at 926
244. SONMAYA |   Link |  Bookmark | December 18, 2023 3:43:31 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
*INOX INDIA*

Approx break up applications : @3.00pm
As per NSE average

HNI above 10L - ~71,208(9.92x)

HNI 2-10L ~1,38,618(38.62x)

Retails - ~35,83,224(10.19x)
244.1. Common Citizen |   Link |  Bookmark | December 18, 2023 3:56:44 PM
how application number are calculated?
244.2. SOAM |   Link |  Bookmark | December 18, 2023 4:27:14 PM
Top Contributor Top Contributor (900+ Posts, 100+ Likes)
@SONMAYA Please post the final breakup at the EOD, if you have.
243. newgen consultancy |   Link |  Bookmark | December 18, 2023 1:11:01 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
FINAL VERDICT

APPLY For Big Listing Gains as well as Long-term

Can expect 70% gains here and valuation and Business Model says its Fair Value is
70 Times FY 23

So Fair Value comes at 1150
And Listing Should be Around 1100
And Some more premium above
So if it Lists 80% or above , No scope remains intact

So Good Company , 4th Largest Company in its Business , Top In Asia

And Market Loves One of a Kind Listing

So Apply FF , Don't even hesitate 1%
243.18. Seth. |   Link |  Bookmark | December 20, 2023 12:47:33 PM
IPO Guru IPO Guru (1200+ Posts, 600+ Likes)
@newgen consultancy Ji what's your advice for allote , finally I got 1 lot after soo long...

I see from your analysis that as per GMP it may list above fair value so should I sell in short term and buy again at lower 🤔
TIA
243.19. Deep D Lamp |   Link |  Bookmark | December 20, 2023 5:39:11 PM
@newgen consultancy सर हमे पता चला आपको अलोटमेंट नहीं लगा, लेकिन सर आपके ज्ञान की हमे अभी भी जरुरत है
@Seth. सर ने जो प्रश्न पूछा वो ही प्रश्न हमारा भी है
और सर हमने एक प्रश्न और पूछा था do you really run a consultancy or are you the professional financial advisor?
242. Deep D Lamp |   Link |  Bookmark | December 18, 2023 2:47:56 PM
सभी जगह ढूंढ कर, अपना सर खुजा के आया हूँ ,
नहीं मिला कही पर भी जवाब तो चित्तोड़ के एक्सपर्ट्स के शरण में आया हूँ
आप सभी के लिए फिर एक सवाल लाया हूँ

Why I could see in the IPO Bid Details the Applicant do apply the bids in the lower range?
What is rational behind this?
Is it just to increase the subscription numbers and create a hype, as in every IPO which is not fixed price I see almost same number of share getting applied in all prices.
Attaching the screenshot for reference

मार्ग प्रदर्शन करे

242.2. Not An Expert |   Link |  Bookmark | December 18, 2023 3:16:26 PM
W.r.t. above, its cumulative quantity at each price point. Hardly 3.8 lakh out of 43.8 Cr quantity is below highest price. Such minor outliers can always be there...
242.3. Deep D Lamp |   Link |  Bookmark | December 18, 2023 3:50:07 PM
@UjwalG Really honored to get the the right answer.
I was also getting confused with the numbers and I was thinking why in such oversubscribed IPO people bid at low prices and that too in such big numbers.

I was also confused with these numbers, but really thanks and once again a Hat Off to all CG members.

I think this community is a gem and do provide a handful information for the dumb investors like me.

241. Django |   Link |  Bookmark | December 18, 2023 3:35:24 PM
Looking at the subscription figures it looks better to apply in retail than shni
At least will get something
Wanted to apply 3 4 shni

Experts suggest should I go with retail or shni already applied 3 bhni
241.1. diwan kapoor |   Link |  Bookmark | December 18, 2023 3:46:20 PM
IPO Guru IPO Guru (1500+ Posts, 1000+ Likes)
Attraction of 308 shares allotment..is forcing retailers to go for Shni.. Otherwise Retail catagory is very much suitable for investors now a days.. Agree by your view @Django ji..
240. VIKRANT BALUNI |   Link |  Bookmark | December 18, 2023 2:09:42 PM
Maine shni me 308 lot k liye phle apply Kiya using bhim UPI with sbi account
Mandate nhi aaya ..
Maine usko cancel krke greater 330 lot k liye modify Kiya
Mandate phir bhi nhi aaya .. mail aagya dono baar application ka
Lekin mandate nhi aa rha ...
Baaki sbke mandate aagya ..

Inox wala hi nhi aarha ?
Is anyone facing same issue !!!!!!
240.7. VIKRANT BALUNI |   Link |  Bookmark | December 18, 2023 3:19:32 PM
Sir
I have applied for 308 shares not for lots ..
Already clarified
240.8. PKRAJ |   Link |  Bookmark | December 18, 2023 3:46:08 PM
@VIKRANT BALUNI Dear, I know it is 308 shares but this post is for MITTAL specially.
It is understood that this is shares and not lots.
For you not to write sorry. You are a gentle person. Others are also.
Keep the way of subscription as convenient to you.
239. ashish.jain |   Link |  Bookmark | December 18, 2023 3:12:47 PM
any one who was applying 1-2 shni applications in last 15 IPOs. How many allotment did you receive? Just checking is it better to apply shni for bigger allotment or retail for better chances?
239.1. Paymzia |   Link |  Bookmark | December 18, 2023 3:19:39 PM
IPO Guru IPO Guru (2700+ Posts, 4700+ Likes)
All are applying, all are getting allotment depends upon their luck
Your wish where to apply decide yourself
239.2. ashish.jain |   Link |  Bookmark | December 18, 2023 3:32:32 PM
I already applied 3 bhni. My purpose of asking this question was is as allotment is very tough is shni (30-60) so what is the success ratio if anyone was applying from last 15-20 IPOs. Normally general luck remains same in over of 15-20 IPOs.
238. NIL J |   Link |  Bookmark | December 18, 2023 3:28:53 PM
Apply 2 bhni
2 retail
237. MAMU |   Link |  Bookmark | December 18, 2023 3:09:14 PM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
For this INOX, I SKIPPED BHNI in shelter and till now subscription wise calculation is almost near. Hope to get something good 🔥
308 = 11 lucky number ,💗
237.5. smokingkills |   Link |  Bookmark | December 19, 2023 5:44:24 PM
When we say 3, 4 or any number of applications, there is no relations between applications. Each application is treated individually. The more no. of applications, the probability of allocation is more. But still, if someone is unlucky, he/she might not get even one allotment with 10 different applications with 10 times subscriptions. So, i guess, in last, it's all about luck in Mainboard application if subscription is more than 100%. Please correct me if i am wrong anywhere.
237.6. Rakcyt |   Link |  Bookmark | December 19, 2023 5:50:39 PM
IPO Guru IPO Guru (1300+ Posts, 1300+ Likes)
@smokingkills  You smoked and killed it rightly😊
236. MAMU |   Link |  Bookmark | December 18, 2023 1:24:49 PM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
Aaj kahan gaye?
Game 2 baje bad start hoga inka.

By fingure wise must cross shni nos in terms of premium and response
236.5. MAMU |   Link |  Bookmark | December 18, 2023 3:03:13 PM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
@GrayIsTheNewBlack Sirji , QIB 🔥🔥🔥
236.6. MAMU |   Link |  Bookmark | December 18, 2023 3:18:37 PM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
108 🔼🔼🔼
235. Mayur kothari |   Link |  Bookmark | December 18, 2023 3:04:24 PM
i have applied in HNI category from GROW.But UPI mandate did not came .Now i am not able to cancel and resubmit as it is HNI category.What to do?
235.1. diwan kapoor |   Link |  Bookmark | December 18, 2023 3:18:06 PM
IPO Guru IPO Guru (1500+ Posts, 1000+ Likes)
Why many investors miss the opportunity.. Due to the mandate issue.. Why you all not opt net banking & apply through netbanking ASBA.. It is so simple & very easy way to apply ipo..
So sad that inspite of having fund in a/c .. You will miss the opportunity.. Please switch to net banking asba.. Dear
It is my humble advice to you & other all investors like you..
Personally I am using net banking asba.. Since around 15:years .. With in a one minute time ..one ipo application can be applied..
Best of luck to you for your all applications.. 🎄
234. Shankha G |   Link |  Bookmark | December 18, 2023 2:39:08 PM
Should i apply in S-HNI (Min) of 14 lots or Retail Max of 13 lots ?
Looking at the current subscription, which 1 will be better?
I have 2.5lakh of funds.
234.2. RoK |   Link |  Bookmark | December 18, 2023 2:56:17 PM (200+ Posts)
If applying in retail, apply for 1 lot only. There is no point in applying for more lots in retail.You will just block your money.
234.3. Shankha G |   Link |  Bookmark | December 18, 2023 3:05:38 PM
Ok. Thanks for replying.
Applied for 1 lot in retail from 2 accounts.
233. lokes |   Link |  Bookmark | December 18, 2023 2:56:27 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
Applied multiple bhni applications....
233.1. Rakcyt |   Link |  Bookmark | December 18, 2023 3:03:37 PM
IPO Guru IPO Guru (1300+ Posts, 1300+ Likes)
@lokes Applied 1 bhni and 3 shni
Not much funds 😔
232. MAMU |   Link |  Bookmark | December 18, 2023 1:23:06 PM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
Bhni - 10x below
232.1. MAMU |   Link |  Bookmark | December 18, 2023 3:00:26 PM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
Going towards 12x
231. hoxin |   Link |  Bookmark | December 18, 2023 2:59:42 PM
if status of block unblock column showing blank on nse website for ipo bids than what it means???
230. Monster Zero |   Link |  Bookmark | December 18, 2023 2:56:31 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Applied 3 shni , Hope i get all three😂

Skipped Shni in doms and india shelter for this, i think i deserve this win.

Doms 3 retail
India shelter 3 retail.

Good luck Deviyon Aur sajjano.
229. Ssshah |   Link |  Bookmark | December 18, 2023 12:39:54 PM
Dear
sir ,madam, anyone using PNB ASBA ?
just need to clarify as i am new user in PNB asba,

1) investor category will be NIB (non institutional bidder) for hni application of above 2 lac?
investor type should be IND/HUF/NRI/TRUST ?
2) depository participant name?
if i am bonanza customer so have to type BONANZA PORTFOLIO LTD? is it correct ?& 16 digit cdsl account no.?
3) cut off bid price i.e. maximum &
quantity no.of shares .

that's all if it is all correct so can proceed ahead.
kindly guide me as new in PNB ASBA ,Thank you for your help .
229.2. Paymzia |   Link |  Bookmark | December 18, 2023 2:42:09 PM
IPO Guru IPO Guru (2700+ Posts, 4700+ Likes)
1.yes
2.yes
3. Manually enter price and quantity
229.3. Ssshah |   Link |  Bookmark | December 18, 2023 2:54:56 PM
@Paymzia thank you siir.
228. Mahesh Chamaria |   Link |  Bookmark | December 18, 2023 2:40:08 PM
Modify from rii to shni but new mendate got failed due to glitch now what i can do??
Not able to cancel shni application at Zerodha.
227. VVIIPP |   Link |  Bookmark | December 18, 2023 11:30:00 AM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
Those who are applying, react here.
👍
227.9. sumitkmr |   Link |  Bookmark | December 18, 2023 12:27:38 PM
4 Retail
227.10. k l patel |   Link |  Bookmark | December 18, 2023 2:30:44 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
4 small 1 retail