Latent View Analytics Limited IPO Message Board (Page 35)

@noorul Replicating your superb initiative of a single HNi thread from the Sapphire group.

Since the GMP is strong, I don''t think this thread will be as long as the one in Sapphire 😂

@noorul @lokes @sdz

The discussion in the Sapphire HNI forum is being continued here.

I can manage max 485 lots for Latent. This leaves me no HNI funds for Tarsons. While the division between Latent and Tarsons is a long discussion in Itself, my query is different. Supposing I decide to go all out only for Latent, then :

Lokes says below 500x , Noorul says over 500x and sdz (I think it was u) who advised be to split applications when u can''t apply for at least 1 confirmed lot.

So, if its 485x or below, then no ambiguity... But what if it goes to say 520x... Then do I apply only 485X single application... Or do a 242+243 application so that u have a nearly 2/4.3 chance of snaring at least 1 or may 2 or maybe even zero lots.

Penny for your thoughts. Thanks.

MK. No, i always vote for single big HNI application in super high demand IPOs >300x and if full capacity is more than 50-60% of final number. In your 485x scenario I''ll go for single application. Last day it''ll be tough to do big amount transfers between bank accounts, so need to plan the day before only 😄

@sdz No transfer issues 😊

If not you, then who was it who told me to split applications ?

May be Noorul, as he applies from 2 accounts in HNI category and successfully gets 1 lot allotment in high demand IPOs

Wow! I am truly intrigued by the size of applications you guys go with!
I am new to stock market and for the first time ever I have applied for IPO as HNI. I have applied for 30 lots only. So from what you guys discussed, looks like chances of me getting even a single lot is difficult I suppose.

@M.K: Chances will be approx same either you apply from single account or 2 accounts but it depends on some other factors too. Can''t explain everything here. So if your total lots amount is near to expected HNI subscription, then better to go always with full amount from one account only. That will have better probability (with very minimal luck needed) of getting one lot.
If splitting , then you may get 0 or 1 or 2 (your luck will factor more here).
One more thing, whenever you are going with lesser lots (less than 50% of approx subscription) then apply in round off lots like 240 and 250 etc instead of 242 and 243 but in full application, 485 lot number is fine if subscription is upto 500X or upto 550X to get 1 lot, else again better to go with full round off figure 500 lots in cases like paras hni subscription instead of 485 lots to increase chances.
Coming back to latent, i feel you should definitely get 1 lot with 485 lots either straight forward or in lottery.

@lokes Thank you for your input. Can you please elaborate on why the round figure applications? Does it really make a differnce?

Also, shall I let the cat loose among the pigeons? Here goes :

485 lots in Latent or split between Latent and Tarsons?

@Light Nod Your application may be allotted in a lottery. So if the subscription is say 300x then 30 lots means there is a 10% chance of u getting 1 lot.

Make sure u apply in retail from all available accounts besides the HNI. Also, 30 lots might get u better allotment chance in Tarsons vs Latent.

@M.K: lets leave the reason but it has a reason/logic as per hni allocation procedure, some might be knowing that as per my previous discussions in older ipos, now am tired to explain that. May be some other time. But you can remember my point.

And regarding 485 lots split between latent and tarsons, as of now, keep all for latent view for 1 lot surety and company is good for long term holding also, can generate good returns/wealth in 1-2 year.
By tomorrow, as per latent subscription figures around 2.40pm, you can decide to give 400 lots in "latent view" and keeping remaining 85 lots for tarsons.
if ur bank/broker allows to increase HNI bid smoothly and if you already tried that then you can apply 400 lots first then around 2.50pm , you can revise to 480 lots if needed.

Thanks @M.K

But if it''s 300x, wouldn''t it mean that I have only 1% chance?

@lokes Thank you for your inputs 👍

@Light Nod You are applying for 30 lots... So 300/30 = 10.... So 1 in 10 chance.... 10 %... if it goes to 500x, then 30/500 = 6% chance... Basically 6 out of 100 or 1 out of 17 approx will get 1 lot.

@light nod: please go through below post for further understanding:
https://www.chittorgarh.com/article/hni-ipo-application-guide-nii-allotment-benefits/532/

@M.K : today itself this thread has 12 messages, no idea what will happen tomorrow :)

@ M.k. u done a gud job to carry forward the chat.. and here i also want to say something important that not only hnis but retailers r also welcome here with there experience and ideas.. or if they want to ask anything.. becaz in the end we all r investor here irrespective of our application size.. n making money is a main moto.. (we r not creating any sort of discrimination here)
And as Avenue n sdz said facing a scrolling problem .. becaz of long chat.. for this we will move to new comment section ones message counting cross 60 mark.. it would b easy then.. n i really dont want to both of them to go Thailand for finger massage.. :)
Come back to business.. as i said applied 380 lot today itself.. malik ka naam lekar.. and its gmp is increasing like a petrol price.. i repeat here again.. hni will cross 500x mark..decide accordingly..
@M.k... Bird in a hand is worth two in a bush.. hope u get my point.

@noorul: your bank doesn''t allow to increase hni bid?
i mean you can increase the amount if possible to increase your chances if you are not sure getting allotment with 380 lots since you thinking of 500X minimum.

And complete ipo forum is for retailers/hni only :) so anyone (hni/retailer) can post on any thread or new message anything, no issues, ya only thing is to help/support each other.

Thanks for this thread. I have two questions.

1. In chittorgarh HNI page it is mentioned that the cut-off time to apply for IPO shares in the NII category is 4 PM IST on the issue closing date whereas most of the banks are closing their online application for HNIs at 3pm. May I know which which bank allows the HNIs to apply till 4pm in online.
2. Can we apply in both HNI and Retail category at the same time using single PAN and demat account ?

Thanks

Just FYI...
If HNI=500x then @ 1000 lots (ASBA: ~1.5Cr) you get allocation of ~30K.
With GMP=280, Listing Gain:~42.5K so Yield=0.28%

For Benchmarks=>
Paras Defense Yield=0.18% @ Listing Price of Rs.469
NYKAA Yield=0.72% @ Listing Price of Rs.2018

@mrvasanth: for first point, ya HNI time is 4pm but online asba, mostly no bank/broker allows after 3 pm but some allows physical forms after 3pm too. For second point, No. Both will be rejected.

@nexus: yes bigger size GOOD IPOs are always giving better yield in HNI, like Zomato was even better than nykaa in terms of return on investment.

I went through this HNI funding page of chittorgarh
https://www.chittorgarh.com/article/ipo-funding-in-india-explaned-ipo-loan-process/205/

I would like to get few things clarified.

1. Which NBFC is best for HNI funding in terms of the interest rate and the overall smoothness and speed of the process ?
2. Are only NBFC providing HNI funding or Banks too provide ?
3. Do we need to maintain any minimum balance in HNI funding accounts ?
4. Is there any serious cons in providing Power of Attorney to the NBFC something like misuse of our demat account etc. ?
5. Can we choose not to sell the allotted shares provided we have enough money to pay the NBFC for the allotted shares ?

Dear all,
if you have, say 1000 lots, how would you to allocate between Latent and Tarsons (assuming you would want to invest in Go Fashion also)

Thanks

@Noorul.. Great idea No. 2 to split HNI Tread after each 60 messages. No I was keeping track of read message no. with HNI Thread to minimize scrolling, like 135.18... 135.19

@ M.K. in brief applying odd lot can result you being the only candidate in that lot category. ex. if you are only applicant for 483 lots and issue is subscribed 1000x times, Allotment chances will be 483/1000 less than 0.5, you may not get allotment. I am not expert but this is my belief.

@mrvasanth... I think we ourselves are not sure of HNI cutoff time hence can not confirm. I was confident that HNI Cutoff time of ICICIDirect was 3.00 pm but yesterday I applied in Sapphire at 3:10 pm in HNI

@mravi As you were recommended earlier by @noorul, it''s best to avoid the urge to apply in every single ipo as in the time to come, you will get numerous opportunities. Go Fashion at Rs 690 looks very expensive with a PE of 68.5 if we consider EPS of 2019-20. After that the company has consistently incurring losses in sync with lower revenue. I would recommend you to skip this and target Latent and Tarsons with good fundamentals and future prospects.
Between Latent and Tarsons, I would recommend you to allocate in the ratio of 80:20 or 70:30 depending on the subscription and the number of lots you want in both. If Latent garners huge oversubscription, you can be biased towards it and tweak the ratio as Tarsons would than garner less attention.

@Noorul #14...

Thanks for opening up this thread for retailers and "also-rans" like me. And its because of this that I am able to write here.
Though Ravi has been an inspiration to all of us....

...... I must express my sincerest gratitude towards You and SDZ for attracting my attention towards the discussions you used to have here as leading HNIs....

then, also Avenue, Lokes, Mog and many others (the names of whom I am not able to readily recall) from whom I picked up valuable knowledge / information...

Thanks once again...

Eklavya
(The one who learns....indirectly)

BTW.. Who decides the dates off IPO, Lead manager or SEBI. If lead Managers, than they should be more careful. Because if the dates of Tarsons were postpended by one day it could fetch multiple times more subscription. They might not be knowing initially but should have a mechanism to revise the offer dates.

@mog,
noted your points on the allocation & your complete avoid call on Go Colours, appreciated.

@Eklavya,
Vanakkam. I second your opinion on the great discussion & recommendations by all the members especially in HNI threads. special thanks for the quote about me 😊

Thanks

@eklavya Thank you. We are here to help each other. Over the past few months, i have learnt a lot from Lokes, Noorul, Sdz, Jstm, and mravi about the strategies related to HNI and their view about the company. Not to forget the respected seniors and legends of the forum like Sonal patel, Eagle eye, Arjun rajkot, Aniketaif and others.

@avenue I guess the dates are arrived at by the company in consultation with its lead manager and advisors. I wish tarsons would have postponed their ipo by a day or two....it would have made a lot of difference.

Issuers, lead managers and underwriters are concerned only full subscription that is one time so it it accepted and listed. Oversubscription numbers does not matter to them. So even if the issues are bunched investors will readjust to invest in all or few and IPO sails through with one time minimum.

@avenue Thank you for the explanation. 👍

@MOG @MRavi For 1000 lots, a better strategy would be apply at 2.45 pm for about 1.25 times the HNI subscription to guarantee 1 lot of Latent and keep the rest for Tarsons. That should be approx 650-700 lots for Latent and 300-350 for Tarsons.

@m.k. yes, deciding after 2:45pm is the strategy and decide according to the subscription. I personally prefer latent over tarsons specifically because of the sector it operates in so i''ll be biased in my approach and allot more funds to it. Lets see what the subscription figures say.

@Eklavya Knowledge increases on sharing. Three cheers to the seniors including and not limited to lokes, noorul, sdz, MRavi, MOG, jstm whose detailed discussions on strategies converted me from a silent observer of these furums into an active participant too. These forums have now become more than just posts about GMP and oversubscriptions. Respect to all the other seniors including and not limited to Aniketiaf, Chemcho, eagleeye, sonal Patel, harit, Kama SRK, and many others whose names have skipped my fallible memory.

@noorul: can you reply to my comment number 15 for knowledge purpose, i am also having kotak bank too so need to know if u have tried that already. pasting again here.

@noorul: your bank doesn''''t allow to increase hni bid?
i mean you can increase the amount if possible to increase your chances if you are not sure getting allotment with 380 lots since you thinking of 500X minimum.

@lokes

As per rules, HNI application can neither be modified nor cancelled once executed.

If its a paper form and the broker / bank hasn''t uploaded it, then it''s a simple case of swapping it or withdrawing it. In online applications, I don''t think it''s possible (as per the rules)

Will try to see if I can modify today after I place my application. Will keep you posted.

HNI may reach 700× .

@M.K: you might not be aware about rules. I have mentioned here in previous posts many times that HNI bids can be revised on higher side and many knows that. As per sebi rule, hni bids cant be cancelled after executed on exchange, but they can be cancelled even before submitted on exchange, i have done that and they can''t be lowered but they can be revised towards upper side.
Some banks allows it smoothly while some having issues in that as i have experienced. yes you can also try that once and let us know.
I feel i should keep some of earlier posts with me to keep pasting for others info, since till now there are so many things which i keep repeating to people regarding hni/retail/banks etc :)

@M.K,
Thanks. Yes, I will wait for 02:45 pm to take a final call (for now allocation: 90% latent, 10% Tarsons. also some other refunds will be used for Tarsons)

Thanks

Apply only in LATENT YOU WILL GET ONE LOT ...MOST PROBABLY....GOOD LUCK

@MK
it is possible to modify HNI application in ASBA online. have done it multiple times in past issues before final closing time.

Already 128 times in Hni ..till now

@M.K,
Lokes is right, possible to modify HNI for higher bids, cant reduce or cancel once submitted to exchange.

Thanks

193x already

hni 242x at 13:35pm 😮😫

242x already

* 12:35pm for the above message

250x 😂🤣

Which one to choose in HNI? Latent (~700×) or Tarsons (~100×) ? With about 150 and 350 lots. I think tarsons may be beneficial with sure allotments.

1000x seems possible now!!!
I have funds for 500 lots and am already reconsidering Tarsons...

@Lokes, MRavi sir, Avenue:

Looks this will cross 600X. I have funds for 300X. I''m planning to skip this completely in HNI and apply in retail 2 lots.

Apply 300Lots in Tarson, better to have some guaranteed returns, rather 50% chance of allotment.

Any suggestions? Appreciate your inputs.

Thanks for the HNI thread through which I am learning many things on the strategies for both applying in HNI and retail. I would be grateful to all members of this forum. Because of this forum only, I got 1out of 134 in Sigachi in lottery, 1 lot of PB in retail and thankful to all.
I have applied for 133 lots with the available funds and kept some funds for Tarsons to apply in HNI after reading the messages. Even though I don''t have funds to get a sure shot allocation, I am getting a lot in lottery with the funds in HNI and happy for that.
@M.K, I tried to edit my HNI application after applying, I was able to edit from my SBI ASBA. Others experts also please share the opinions on modifying the application if I am wrong.

@suneel and others: yes the speed with which it going making us think again who have lesser lots to apply.
Since here we may get nothing and if latent view will cross 600X approx then definitely it will affect tarson subscription, means that will have lower HNI subscription and if gmp remains 25-30% for that till listing which is now, then that will be better deal considering returns on investment, since here now looks with 500 lots also may not be 100% sure of getting 1 lot so for 250-400 lots people, we need to think again and we may need to choose tarson to get something atleast instead of nothing here with all our investment.
I will wait till 2.30pm before taking call to apply here or in tarson.

Knowledge gained today : HNI bids can be revised upwards. Thank you all 👍

@avenue and all,
I have planned for 90% fund (2724 Lots in latent), not sure what to do if its going to be near to 1000X. ( I was thinking around 400-500 X only).
Now will I have to change the strategy for some good returns to allocate more to Tarsons for better allotment?🤔

@Suneel,
if I were you, I will do what you mentioned exactly.

Thanks

subscription figures will move fast mainly during 12 to 3.15pm approx, after that it wont move with same speed so by 2.45pm we have some clarity that its going upto 500X or 600X or 700X, i feel it wont go upto 900 or 1000 as @avenue suggested since 1000 means 90K crore means more than nykaa.
Remaining lets see by 4pm, its all our assumptions till then :)

@ Eklavya.. you r always welcome.. and it would b our privilege if anybody here get benefitted through our discussion and suggestions..
@ lokes.. actually i hve 2 hni ac. One hving a capacity of approx 380 and other 275... And usually i prefer to apply with full force from both.. and dats d reason i can''t alter my application.. initially i thought 380 lot would b enough but dat continuously increasing in gmp disturb d plan.. and now i hve to go in lottery..
@mog.. u n me have similar kind of approach which picking a ipo.. i m also very conservative and selective in terms of picking ipo and usually i neglect those who comes wd 5 to 7% gmp..
And i m not much technical to Briefly read the balance sheet and rhp.. other things.. for this i prefer to get knowledge from other members..

@sdz

Now you understood why I was apprehensive for applying with 500 lots Latent vs Tarsons 😂

@lokes It''s possible the Tarsons also oversubscribes heavily due to FUNDED HNIs. All funded HNIs are making good money in all the IPOs recently... So that encourages them to go on applying. If the GMP remains supportive, you may expect a 300x plus in Tarsons HNI also.

No if.. no but.. will cross 500... To b very soon ..

Crazy subscriptions- looks like will cross 700x for sure.... wonder what would be listing price and price after a week. Surely going paras way.

@noorul @M.K : yes one reason for this bumper subscription in latent view is its continuously increased gmp due to company profile and future demand and comparison with happiest mind and so all funded HNI wants to cash on this.
And one more reason for more subscription is very lackluster response to sapphire foods from funded HNI, all that money is coming here.
@noorul: All the best to you, i wish you get one lot allotment in latent. chances will be around 60-65% considering 600X for now.
And @MK : if latent will cross 600-700X suppose then i dont think tarsons can go upto 300X since till now i have never seen market putting more than 1 lakh crore in HNI subscription at single time considering all ipo''s, let see how it goes going forward.

Yesterday I told that it will be 600X.
Then no one was believing.
The more it subscribe the less will be Tarsons subscription and thereby increasing our profits.