@harit I've seen the **** jaiswal website also, but find the number hard to believe. BHNI only 3.5x by applications? When by value its indicating almost 5.5x assuming most ppl apply base BHNI lot?
@rohiitian These are just approximate numbers as exchange doesn't share the number of applications received. After Idea may be lot of people applied large applications in bHNI category.
178.7. Sharvam| Link| Bookmark|
April 25, 2024 4:33:53 PM
IPO Guru (1100+ Posts, 800+ Likes)
@ rohiitian someone putting very big application in BHNI, so that subscribtion looks decent enough. It happened in past also.
178.9. DEVBULL| Link| Bookmark|
April 25, 2024 5:49:21 PM
Top Contributor (500+ Posts, 200+ Likes)
1) I use to calculate Application wise BHNI taking 18 to 20% of Amount wise BHNI. Accordingly, application wise works out around 4.99 – 5.5 times. Let us wait and see the BoA when published. 2) By the way, I have applied for 2 x BHNI.
App wise 3.5x when value wise it is 27.5x is quite unbelievable but would be great for us investors, if true.
Keep minting!
178.11. Esparando| Link| Bookmark|
April 25, 2024 6:46:06 PM
Top Contributor (500+ Posts, 100+ Likes)
I really hope subscription application wise is 3.5 times.
With the caveat that markets conditions do not worsen, even a 50% listing gains on this would not surprise me considering the positive reviews by almost every fund house.
I definitely think IDEA would have played a great role in these lower subscription numbers.
178.12. Esparando| Link| Bookmark|
April 26, 2024 8:44:58 PM
Top Contributor (500+ Posts, 100+ Likes)
I downloaded the app but do not see application wise break down of subscription details.
I am little curious since I have applied from multiple accounts under bHNI category and this 3.47 times bHNI application wise subscription excites me.
How we can see that retail portion application wise? earlier in VI BHNI portion was oversubscribed by 6x and application wise it was 1x, so there was full allotment in that category, I just have the curiosity to know, plz any body who is kind may let me know,,,
In BHNI 10L+ applications amount wise but allocation wise it's 2L+ if overall amount wise subscription goes beyond 5x. So simple maths that 5x=1x in BHNI But if we go into details there's so many people apply much more than 10L(70/71 lots), if we taken into consideration sometimes even 6 to 7 x amount wise subscription can end up in less than 1x application wise. Mathematically total subscription/5 in BHNI Very much complex . Study vi,bharti hexa and some other ipo/FPO/ofs BoA for detail information
174.1. RAT| Link| Bookmark|
April 25, 2024 5:27:35 PM
Top Contributor (200+ Posts, 100+ Likes)
@Save to invest Apply SHNI through upi upto 5lakh...there is no other way to apply BHNI after closing of asba last time which is different for different bank....
167. SONMAYA| Link| Bookmark|
April 25, 2024 4:32:41 PM
IPO Guru (1300+ Posts, 500+ Likes)
*JNK India*
Approx break up applications : 25-04-2024 @4.00pm As per NSE average
HNI above 10L~ 10,766 (3.47x) HNI 2-10L ~21,855 (14.07x) Retails - ~3,43,093 (1.84x) Total - ~375,714...Already posted Applications wise ..figure.aBut some how not reflecting here
167.2. UjwalG| Link| Bookmark|
April 25, 2024 5:23:23 PM
IPO Guru (1000+ Posts, 500+ Likes)
Thank you. Some discrepancy in retail, around 2.5 times application wise since only 1.5lk needed for 1x
167.3. RAT| Link| Bookmark|
April 25, 2024 5:32:04 PM
Top Contributor (200+ Posts, 100+ Likes)
@UjwalG Application wise retail is approx 3.21x....152k application is needed to subscribe the retail portion and retail bidded for 490k application...