JSW IPO must be saying mere Ram-Lakhan (QIBs) kab ayenge.... jokes apart market sentiments may impact the GMP in case we don't see high QIP nos, still it doesn't looks like to be a risky bet that will go negative on listing (fingers crossed) as the fundamentals look decent and group is a reputed one, but we need to leave it to the Market as it is the best one to decide what happens on the listing day..
Any one experiencing a problem in prostock when I am trying to apply using prostock it is giving an error Yel application number exhausted, please suggest or any alternative to apply as this is for a minor using upi
179.7. Seth.| Link| Bookmark|
October 2, 2023 5:03:46 PM
IPO Guru (1100+ Posts, 500+ Likes)
Whats your listing strategy and guess bro? And did you hedged anything at GMP?
179.8. IpoZINDAHAI| Link| Bookmark|
October 2, 2023 5:41:47 PM
Top Contributor (300+ Posts, 100+ Likes)
Not hedged anything.
QIB had big 50000 crore which is no small feat. So I believe it should open 155+.
I am planning to sell it between 165-180.
Since there is no decent main board IPO in the pipeline. Plaza being small IPO, chance of allotment is miniscule. So I will hold the share till above levels.
179.9. Seth.| Link| Bookmark|
October 2, 2023 7:19:47 PM
IPO Guru (1100+ Posts, 500+ Likes)
Thanks bhai for insights 👍 Same here My Target also 180 to 190 rs which looks achievable in short term because of JSW Brand value and decent QIB and anchor response...
Sir itna cash mai rakh ke ipo mai karna theek hai? Ye after tax kitna hi deta hoga. Koi business mai invest kyun nahi karte aap? Mujhe aapka thought process samjhna hai
179.14. IpoZINDAHAI| Link| Bookmark|
October 3, 2023 4:20:32 AM
Top Contributor (300+ Posts, 100+ Likes)
Sir,
This is pooled emergency funds of few individuals.
Basically, most people keep emergency funds in FD since it is rainy day fund. IPO (Good Ipos) are a good way to beat FD returns and may even earn 12-20% return.
The more BHNI application, the more chances of getting IPOs. Allotment ratio has been good in BHNI (approx 75%) since the new rule started.
179.15. IpoZINDAHAI| Link| Bookmark|
October 3, 2023 12:05:30 PM
Top Contributor (300+ Posts, 100+ Likes)
155+ was listing expectation but 157 circuit is nevertheless good.
Congratulations to all those who could hold the shares and didnt panic.
I have applied JSW in Retail category using Kotak NEO but UPI mandate not received so payment not done.
If I apply again using same PAN from different broker ( Zerodha ) in Retail or SHNI and payment completed successfully means, will my 2nd application valid or they cancel both?
Unless you accept your UPI mandate the application (bid) won't be considered as submitted (active) hence simply keep your second bid as it's already submitted successfully and do not accept the UPI one for which you haven't received the mandate. This way only one successful bid against your PAN will reflect which should be fine.
@Ashish Khater Tried multiple times but of no use sir. It's showing 27th sept 10 AM cutoff time for modification/cancellation sir.
@Stock Trek Yes sir. Will do the same. Still not applied 2nd application sir. Will apply after 3.30 PM looking at QIBs Subscription ( above 20k Cr. - SHNI, below that will apply in retail ) sir.
Thank you both for responding and helping sir 🙏
177. Display| Link| Bookmark|
September 27, 2023 11:11:12 AM
Top Contributor (400+ Posts, 200+ Likes)
Dear Members, I was reading the comments section and I came across a message suggesting a fellow member to apply for 58 lots in Retail Quota. Can anyone explain how it is done and how does it increase our chances of allotment. Your views will be very helpful.
174.1. PSR| Link| Bookmark|
September 27, 2023 10:40:46 AM
IPO Guru (1200+ Posts, 700+ Likes)
Since Retail category exceeded 5 times, no purpose would be served by applying for 58 Lots. in fact, if you make single application for 58 Lots, then automatically it will be treated as sHNI category.
Now only option available for 58 lots in RII Category, meaningfully, is to apply in the names of 58 persons having Demat account as well as PAN, which is not possible in ordinary course.