@VPCameo Sir thanks for early allotment Kindly follow the same in Holmarc as well
Got 0/6 retail
62. abc xyz| Link| Bookmark|
September 18, 2023 7:37:38 PM
IPO Guru (1400+ Posts, 1400+ Likes)
SME ipos are very small 🤏 in terms of issue size & very less applications as compared to the Main ipos. Even though none of the SMEs have completed/ tested the T+3 work yet. Which is very shocking and not investors friendly approach. The Authorities have to press them for this work. Nowadays there are numbers of ipos are coming together & this makes very difficult for applying due to this Simantantously ipos. If authorities don't force them we as a investors boycott these issues who don't follow T+3 work. But but as we aren't United so don't hope T+3 before January 2024.😅🥰😜🤑.
Kundan IPO closing on 15th Sep. As you are aware, 19th Sep is bank /Exchange holiday for Ganesh Chathurthi. We would file with Stock exchange for basis approval on 20th Sep. So we are likely to get approval on 20th Sep evening only. Hence funds will be unblocked on 21st Sep, which is 3rd working day from issue closing date. For Holmarc we are planning to get stock exchange approval on 22nd Sep and refund instructions will be given overnight on 22nd September, which banks would act upon only on 25th September as 23rd Sep is a bank holiday, being 4th Saturday .
Okay, we will manage the funds in Kundan. But Hallmarc must do allotment on 22nd September. Thanks @VP Cameo for response
58.5. svh| Link| Bookmark|
September 15, 2023 2:57:07 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Thanks for posting But funds already blocked in Chavda infra keeping in mind that funds will be needed for madhusudan. If you had posted 1 day earlier and also on chavda infra page then there could be much difference in subscription numbers.
@svh Sir, what is your view on Kundan? Applying here ?
58.7. svh| Link| Bookmark|
September 15, 2023 3:22:03 PM
IPO Guru (2600+ Posts, 3700+ Likes)
@GrayIsTheNewBlack Sir , No I'm avoiding. Window dressed books. Aggressive price. 2 ex factors - Fedex & Gretex. It will certainly list in discount like saroja.
@GrayIsTheNewBlack Yes we are trying to file on 18th Sir and complete refund on 20th Sep. In case of any unforeseen event, we would complete basis on 20th and refund on 21st. Thank you
@VP Cameo , excellent Sir and thanks for trying to adhering to T+1 allotment in advance unlike some big registrars who are struggling to give even T+3 allotments.
Request for allotment to (Kundan 20th Sep and Holmarc 22nd Sep) Kundan complete and weighting for Holmarc THANKS @VP Cameo question- where does the allocation process RTA or exchange system/server?
58.17. svh| Link| Bookmark|
September 26, 2023 10:50:35 AM
IPO Guru (2600+ Posts, 3700+ Likes)
78.7. svh I Like It. 2|Report Abuse| Link |Sep 15, 2023 2:22:03 PM IPO Guru IPO Guru (2000+ Posts, 3400+ Likes)
@GrayIsTheNewBlack Sir , No I'm avoiding.
Window dressed books. Aggressive price. 2 ex factors - Fedex & Gretex. It will certainly list in discount like saroja.
Applying in RR only.
Moxsh , Yason and many more to come. Beware of Fedex.
57. lokes| Link| Bookmark|
September 15, 2023 3:39:58 PM
IPO Guru (4400+ Posts, 5100+ Likes)
In my view, if possible, better to sell and apply here to avoid risk....since there are many concerns here like big debt, big issue size without QIB , lesser subscriptions and gmp, mainly poor track record of LM , financials looks good but latest FY23 looks to be window dressed for ipo...sector is good here but competitive ...... i may apply here some applications and may sell them in grey after ipo closing....
After careful consideration of the views of our well knowledged and experienced gurus, I have skipped. Time will only judge whether the decision is correct or not.
55. CL BASSI| Link| Bookmark|
September 15, 2023 6:43:18 PM
Top Contributor (500+ Posts, 100+ Likes)
Now HNI lot transfer to retail
Good for retail???
54. CL BASSI| Link| Bookmark|
September 15, 2023 6:41:58 PM
Top Contributor (500+ Posts, 100+ Likes)
Good for retailHNI share transfer to retail
53. abc xyz| Link| Bookmark|
September 15, 2023 5:24:37 PM
IPO Guru (1400+ Posts, 1400+ Likes)
Just taken the advantage of low subscription as compared to other smes.
Applied with full force All bhnis 6 applications in Kundan. Let's see Kundan Chamkta hai yaa Dim hota hai.
@abc xyz , I too had a thought of going with 3 applications of 23 lots each. Around 3 pm decided to apply 3 bHNI's is RR Kabel and applied 3 applications of 9 lots each here. Expecting 1 lot now based on the subscription (approx. 75% chance).