Totally manipulation Grey market Rs 15 to 125 so please withdrawal your application avoid this IPO sorry for the morning comments i take all my words back please Avoid
i am not aware of any new rules by SEBI on IPO allotment for retail category
how many shares will be allotted on one full retail application if IPO is subscribed 2 times in retail ? Will it be 1 lot only or 50% shares of the number total shares applied ?
@Param Patel, You have not read my query properly. here the question is, if one applies full retail application of 13 lots, and issue is subscribed 2 times in retail, how many shares will he get ? will he get 1 lot only or 50% of total shares he applied ?
112.5. jay here| Link| Bookmark|
November 14, 2022 12:45:12 PM
IPO Mentor (800+ Posts, 700+ Likes)
@bullz eye..If issue is oversubscribed more than 1x by application wise(most likely this is)each applicant gets only 1 lot through lottery.so it would either 1 or 0.
सर्वे भवन्तु सुखिनः, सर्वे सन्तु निरामयाः
112.6. Suraj....| Link| Bookmark|
November 14, 2022 12:49:38 PM
Top Contributor (400+ Posts, 100+ Likes)
@bullz eye as said by others too if a IPO is subscribed more than 1 time application wise than you will get 1 lot maximum which is also via lottery if u are lucky or else you will get nothing even though u applied for 13 lots.
If you apply for 13 lots in a single application, you may get 1 lot. If you apply for 1 lot in a single application, you may get 1 lot. If you apply for 13 lots in 2 or more applications, you may get more than 1 lot (but never in a single application). If you apply for 1 lot each in 2 or more applications, you may get more than 1 lot.
No use of applying 13 lot for an oversubscribed ipo You will get only 1 lot if your chance come (whether you applied 1 lot or 13 lot you will get only one )
Thanks Guys for replying So my understandning was correct and there is no recent change. If an IPO gets oversubscribed in retail, the retail applicant may get maximum one lot irrespective of how many lots he/she applied
Decent business and decent issue. The only problem is the high asking price, but looking at the GMP and subscription figures, I suggest taking some risk. But exit on listing either way. Thanks.
all expert please suggest i have 7 application apply ya avoid...?
106.1. jay here| Link| Bookmark|
November 14, 2022 12:49:45 PM
IPO Mentor (800+ Posts, 700+ Likes)
I applied 70% of my capacity seeing a little high valued price.
Max risk would be aorund 5 to 7% if you do book on listing day..calculate your risk accordingly.
It has very minimal chance to open in red as have strong anchor book also it has good demand in grey..still a little risk always there in high valued stock
Current Gmp 120-25 ...apply....
सर्वे भवन्तु सुखिनः, सर्वे सन्तु निरामयाः
106.2. ManishDwiv| Link| Bookmark|
November 14, 2022 12:53:32 PM
Top Contributor (600+ Posts, 200+ Likes)
how does this application status works? like zerodha users applications goes to nse and angle one users ipo applications goes to bse? or some other process.
Expert is it makes sense to apply more than one lot in a single retail application in this ipo have some money to apply so thinking of it.. as sub is low i know its lottery but who knows the deep 😜
101. SSingh| Link| Bookmark|
November 14, 2022 12:34:03 PM
IPO Guru (1400+ Posts, 800+ Likes)
Is IPO ko laga daala, to life jhingalala.. Bindas Lagao for 20-30% gains.
Looks like competitor Syrma going to post weak results today (from the way its going down today). Other factors aside, this is double of syrma. (like EPS, revenue, competancy/USP)
Sir, agar retail portion 5 times bharta hai aur mai 7 ya 8 lots retails mai apply karta hu to kya muje 1-2 lot lagne ke chance hai ya nahi ? please guide me.