NBFC funded HNIs are now smarter. after paras, they know that even 1C application might not give sureshot allotment and thus higher chances of no allotment / heavy loss.. Hence they are now applying with 1.5C / 2C application..
Goldman Sachs has downgraded Indian equities on valuationfor next 3-6 months. Need to tread primary markets too with caution, in my opinion. Although Goldman says, funds will move from secondary mkt to primary mkt.
In my opinion, from last few weeks, it has already started moving... so many ipos we have already seen and so many more to come... if each ipo is supposed to be 2000 crores average size and there are 20 such ipos, each month 40000 crores is going into primary market...
Don''t know about others but I sold 2 to 3 lacs of MFs for this season so that I could apply and hold if allotted
Would like to know who have better terms for HNI funding.( Charges as well) Tried giving my contact details on various companies website and nobody called me till now :)
Note: I am small self funded HNI till now on few IPOs and posting this for a friend
Be Lucky, be Rich or best... be a NBFC. HNI Cost is around Rs.250, so they would be earning Rs.250/share with little risk
231.2. snipperRaj| Link| Bookmark|
November 12, 2021 2:35:43 PM
Top Contributor (300+ Posts, 200+ Likes)
exactly the point, buy on listing day pre-ipo, it most likely can give 20%-100% return in one day/ week... and can buy as much as we want. rather than putting 1.5 CR for 1 sure lot giving return of ~25k-30k return in 8 days
231.3. sdz| Link| Bookmark|
November 12, 2021 2:40:12 PM
IPO Guru (1000+ Posts, 500+ Likes)
Nexus...damn good one. NBFCs funding IPOs are like option sellers who makes all the money in options market but whole market sees them like dull candidates 😛
@sdz: Agreed. Actually it makes sense for NBFC to apply for QIB license. They may end up having more risk, but in case of Latent they would earn around 6 times (=814.73/134.30) more!
231.5. SamJos| Link| Bookmark|
November 12, 2021 3:17:11 PM
Top Contributor (500+ Posts, 100+ Likes)
@Nexus - NBFC will earn 7 days savings A/C interest + Rs.250/share with no risk, as they had already collected margin, which is always higher than what you need to pay for alloted lots (very very rarely, it may happen IPO list with >50% discount where they need to collect from client over & above margin money).
@SamJos how will they earn savings A/C interest? the money will be in NII''s bank account as he has made the application so he will earn the interest, right?
@SamJos: I agree with you. Btw for Latent, NBFC would get Rs.273.18 @ 8.5%. See calculation below. Its also in "HNI Cost" Tab. Interest is already part of Rs.273.18. I don''t know if there are any other costs apart from 273, in the Margin they collect upfront.
@Cyberdude: HNI has to open a new account with the Bank of NBFCs choice. That Bank Account is with NBFC as POA. HNI cannot do anything in that account w/o NDFCs permission. NBFCs have got their bases covered :)
220.10. NoorulI Like It. |Report Abuse|Nov 12, 2021 17:42 Top Contributor Top Contributor (200+ Posts, 100+ Likes) @Cyberdude.. all i said has no logic.. but experience . U can confirm this to Samjos later on.
but i didn''t see any post of your in this thread, so i thought you are saying about the replies of Nexus which is your account only.. I am not getting for which post you are referring to in above comments
@ cyber.. you ask lokes about 380 and 384 lot query.. and the reason behind 380 lot having more chance.. and by mistake i answer u in this threat.. (Disclaimer).. i didnt intensely applied that application no and i don''t hve any idea about this BOA thing.. that many people r talking about here for increasing chances of allotment. I just pour all the money i have in my ac.. right now hve 43rs.. cant even order pizzA :)
Can any Guru help as to how to calculate (formula) how many shares one gets based on subscription figures. Say I applied for 1000 lots in Latent IPO HNI in one application and 1 lot in Retail in another application. Thank you
230.1. lokes| Link| Bookmark|
November 12, 2021 11:10:45 PM
IPO Guru (4400+ Posts, 5100+ Likes)
On each ipo page on top, you will see one tab with name "HNI cost" there you can find share allotment in hni allotment calculator. Like below link for latent. https://www.chittorgarh.com/ipo-hni-funding-cost-calculator/latent-view-analytics-ipo/1178/
Dosto mera mendate fail ho gya hai Reinitiate kaise kru
229.1. lokes| Link| Bookmark|
November 12, 2021 11:25:56 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Nothing can be done now....if it was done before closing then application can be cancelled and applied again for new mandate , such risks are always there in upi, by mistake entering wrong pin or rejecting by mistake....etc. So bank asba is always better.
Buy Paras defence Quarter to Quarter profit 8 times Sep 2020 vs sep 2021 profit double. EPS nearly double. Monday will be fire.🔥 UC
227. CSK| Link| Bookmark|
November 12, 2021 6:17:15 PM
Top Contributor (300+ Posts, 500 Likes)
Dear HNI Folks- I have applied for Sigachi 50 Lot I got 90 Shares(1 Lot). Sigachi is 125 Crore size. I noticed who every applied above 50 got a minimum lot. Lokes also told in another forum he applied 150 and got 1 lot for Sigachi. Now my query is on LVA. LVA size is 600 Crore. I have applied 150 Lots for LVA. If company decide give one lot for every 100 lot applied then whoever applied 100 or above can get the minimum lot?? Sigachi 50 lot for minimum 90 shares is lottery or who applied 50 lot whether they were given minimum lot?? Please clarify.
If you have applied lots less than subscription, it''s purely based on lottery. However if your lots are close to subscription, you have more chances to get alloted. In Sigachi, you had 30% probability and you are lucky to get 1 lot. Generally, people with 50% chances, will have more probability
226. parmod gupta| Link| Bookmark|
November 12, 2021 9:47:45 PM
Top Contributor (400+ Posts, 300+ Likes)
I have applied through ipo using upi mandate but after waiting a while i didn''t received autopay request, then i cancelled first one and applied new application now after new application i received autopay request around 2.30 pm and i accepted. Now another autopay recivied around 8.30 pm and i decined. Now problem is that accepted autopay was of cancelled application. So i have no valid application, but what about my money blocked??? In how many days it will be unblocked?? Plz anyone know then reply
Bhai aisa hi mere sath ho chuka he, aapka ye hold money, stock allocation date ke baad bhi return nhi hoga. Aapko allocation date ke baad apne bank ko contact krke, unhold ki request dalni padegi