Export plz guide in FF to LF aaply order for below 5 IPOs as we need to distribute funds among these Main: Jupiter, EMS SME: Kahan, jiwanaram, unihealth
143. MAMU| Link| Bookmark|
September 8, 2023 10:48:00 AM
IPO Guru (1700+ Posts, 1100+ Likes)
I have one doubt any senior plz clear it. Only for Retail category I am asking As per BOA most application are applied for 1 lot so the probability of getting IPO is less when u apply for 1 lot though it is lottery system as application are more so competition more. But when the lot size increases to 9 10 11 till 12 application are less.so probability of getting IPO is more as less application less completion and chances of getting increase. Kindly guide is this correct or I am wrong..
141.1. MVP| Link| Bookmark|
September 8, 2023 9:15:20 AM
IPO Guru (1400+ Posts, 1000+ Likes)
Allotment chances/ratio is same for all lot sizes. e. g. issue gets subscribed 10 times in retail. Let's say 100 people applied 1 lot and 10 people applied 13 lots. In this case: For 1 lot application: 10 people will get allotment For 13 lot application: 1 person will get allotment. Mathematically chances are exact same.
141.2. MVP| Link| Bookmark|
September 8, 2023 9:47:22 AM
IPO Guru (1400+ Posts, 1000+ Likes)
Here is the example, from Aeroflex BoA.
All the lot categories from retail had the same allotment ratio, i.e. 11 out 276 people got the allotment. So why block extra money?
THANKS FOR YOUR CLARIFYRING WITH A SIMPLE EXAMPLE. IN MY VIEW LOTS WILL BE DRAWN FOR 110 APPLICANTS TOGETHER AND IT MAY HAPPEN THAT CANDIDATES WITH 13 LOTS MAY NOT GET ALLOTMENT AND 11 APPLICANTS OF ONE LOT APPLICANTS MAY GET ALLOTMENT. PLEASE REVERT , IS MY SURMISE CORRECT. WOULD BE GRATEFUL FOR YOUR REPLY
141.4. MVP| Link| Bookmark|
September 8, 2023 10:04:28 AM
IPO Guru (1400+ Posts, 1000+ Likes)
@HOPEFUL Please write comments by turning off Caps.
In my study, i think lottery happens separately for each lot category. I could be wrong, but that's my observation after studying various BoAs.
I have open huf bank account in hdfc bank . But when I am going to apply ipo , it's showing below error
Your account is not eligible to apply IPO Rights/Issues. Only own Accounts or Accounts with financial rights can apply for IPO Rights/Issues. Is there is any member who applied ipo through hdfc net banking ??
140.1. A.A| Link| Bookmark|
September 8, 2023 9:51:33 AM
(200+ Posts)
Yes I use an HUF account with HDFC and it works fine. You might want to have a word with your home branch people and check what needs to be enabled.
139. Prince 🤴| Link| Bookmark|
September 8, 2023 8:05:02 AM
Top Contributor (500+ Posts, 200+ Likes)
Every one is talking about T+3 and THIRD PARTY APPLICATION CANCELLATION POLICY this is good for retail investors
Par iski vajha se grey market me uthal pathal hogi esa mujhe lagta he kyoki kuch logo ke paas hi grey market ka access hota he and 99% retail investors GMP ki vajha se hi apply karte he . Agar secondary market effect aayegi to primary Market me bhi effect aana tey he ! HNI rules ke vajha se jaha 100%+ GMP hota tha vo 50-60% ho gaya he . Ab dekh te he ki aage kya hota he !
As per my knowledge and experience ab moderate returns par listing hogi and agar company achi hogi to listing ke baad 🔥🔥🔥 Varna 🗿What is your opinion guys ??
139.1. Kapz| Link| Bookmark|
September 8, 2023 8:39:04 AM
IPO Mentor (600+ Posts, 300+ Likes)
@Prince 🤴 good food for thought. In my opinion, more than GMP related issue (which in any case is unregulated), it’ll impact subscription numbers dramatically. For good IPOs, subs are already high and now, Quick release of funds will ensure everyone gets to apply in everything taking subs to astronomical levels for even average IPOs. In my opinion, allotments will become even more difficult.
139.2. UjwalG| Link| Bookmark|
September 8, 2023 8:43:12 AM
IPO Guru (1000+ Posts, 500+ Likes)
Correct. Volatility will increase now. Increase in volatility means diminishing returns. Those who get allotment will try to move funds more oftenly now, create an artificial selling pressure to make funds for next ipo, thus gmp will have no/less significance left. These are my personal beliefs. I am a long term investor. Maybe i can be benefited if i get shares at par after listing, because allotments will now be more tougher after T+3
139.3. Prince 🤴| Link| Bookmark|
September 8, 2023 8:54:54 AM
Top Contributor (500+ Posts, 200+ Likes)
@UjwalG Totally agree with you 👍 @Kapz Khayali pulao 🍚 kaho ya unregulated market par hakikat ko dhukeraya nahi ja sakta hi 5-6% investors apply after research ye bhi jyada bol diya 🥲 others bas GMP ke bharose hi apply karte he
BASILIC allotment is also done. available on site. now all the unblocked money is going to come to JUPITOR. Expecting a huge subscription today. Again Low chances here also.
All the subscription estimates will be broken tomorrow with Ratanveer's money available here. Same thing happened in Nifty expiry today, with all Bank Nifty trades entering Nifty there was an astronomical rise in the Nifty Open Interest.
Bad luck for all those who skipped Ratanveer to apply in Jupiter hoping for a comparatively easy allotment. Ab allotment bilkul bhi easy nahi rehne wala in any category.
Hi. Newbie here🙏🏼. Thoda puchna tha k allotment for first day applicant and last day applicant same hota hai ya different. Allotment chance kiske zyada hote Hain ya pure lottery hota hai?
135.2. Display| Link| Bookmark|
September 8, 2023 8:08:18 AM
Top Contributor (400+ Posts, 200+ Likes)
@Scuorp Pure lottery. Jab nahi milta hai toh aise khayal aate hai ki shayad first day apply kiya toh better ho etc. , that is human tendency but it is pure lottery
134. Seth.| Link| Bookmark|
September 8, 2023 12:18:07 AM
IPO Guru (1100+ Posts, 500+ Likes)
I apply always by hdfc net banking i face this error some time but if i try after some tym i able to apply ( may be its bank server eror but its fix after some time automatically)
131.2. ManishDwiv| Link| Bookmark|
September 7, 2023 4:56:13 PM
Top Contributor (500+ Posts, 200+ Likes)
50K application in BHNI not possible..max expect 15-16K considerng grey markt will go down more tomorrow..may settle around 150rs..final BHNI 20-22times
Please visit Ratnaveer page, I have put the SMS I received from Indian bank for unblocking. Some people have pasted screenshot of debit message also. Its true. Looks like they are now following T+3 rule. Not sure whether LinkIntime would do it for all IPO's going forward but atleast in Ratna they did.
130.3. svh| Link| Bookmark|
September 7, 2023 8:54:39 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Ha mera bhi refund aa gaya hai Yeh galat hai Puri planning ki hawa nikal di Jo date dete hai usi ko follow krna chahiye kyuki baaki log usi hisab se planning krte hai Ki IPO konsa IPO skip kare or konsa lagaye