Kaynes Technology India Ltd IPO Message Board (Page 42)

What about Five Star?

Same here... Applied 2 ASBA applications.

Anyone got? Confirmation via NSE

Yes got message from NSE.

You could have gone for 1shni category application easily

In Shni application we get full allotment or on proportional basis.

Can you please clarify how its 1:4 when bHNI is subscribed 23 times.
This is also true for SHNI as well?
Can you please elaborate how does number of times subscription is translated to allotment chances in sHNI and bHNI category?

Divide BHNI by 5 to get approx number of applications. For SHNI, this is not the case.

@Cyberdude, All bHNI applications are for more than 10 lacs and allotment will be for 2 lacs. So, subscription is always 5× of allotment ratio. That's why subscription divided by 5 gives you approx allotment ratio. Not true for sHNI as application amount and allotment both are same.

Total applied share in BHNI 34701125 share bidded . 90-91% applicants bidded with minimum lot i.e. 69 lots and remaining 10 % applicants bidded at higher side always.

Arround 70% of total share bidded at 69 lots means. 34701125 ×70% = 24290788÷ 1725 = ~14081 Applicants bidded at 69 lots and rest ~1560 applicants bidded at higher side.
Total Applicants is ~15640.
Available lots 4296..

Available forms * 4296

Ok, thanks for explaining about bHNI.
For sHNI also its not easy to guess the actual probability as the applications can range from 2 lakh to 10 lakh.

10 per rejection rate

Keep it till 2-3 days and then sell from 20-30% upside from current price.

Results are average...the half year ended eps is lower than previous year...they are behind their target to beat previous years EPS
We should see consolidation again. Nothing exciting about results.
Now i know why they didn't declare june qtr results. It was pathetic.
Not to mention that they asked ipo price of 220 based fy22..now it has higher p/e on ttm basis, but still below industry avg

In retail u will get allotment of 25 shares only whereas in shni 350 shares

how much is retail appwise?...if its very low than ok

Shni 10.6 app wise
Retail 2.3 app wise

Then no use of applying more than 1 application under retail.

Since retail is oversubscribed, the max you can get is 1 lot. In HNI, it can be more