I applied with one upi. But didn''t receive mendate. then I cancelled and reapplied and received and approved mendate. But, then I received one more mendate request. Now my concern is, did i approved the mendate of cancelled application?
Last day to apply. So I apply is there any chance to get allotment? As I was said earlier chances of allotment for this IPO is very less. If I apply in the last day what are the chances? Experts please advise.
I m a newbie and might be wrong. But as per my understanding, if allotment chance is more, than profit chance will be less. If the allotment chance is less(oversubscribed), than profit chance will be more.
Bhai koi bata do ki IPO kaise milta hai. Yeh shayad 27th IPO hai jisme me apply karne wala hu par aaj tak kuch na Mila. Na to UPI se Mila na ASBA SBI se. Mujhe to wo IPO bhi na Mila Jo retail me 3 time subscribe hua tha. Kya apply karna hi band Kar du.?
@Zakkas 3 accounts hai mere paas with different PAN, unse hi karta hu apply. बाकी अभी वक्त तो बुरा है ही. कोरोना की वजह से साल भर घर पे था. इसी month से new जॉब शुरू की है वापस. पर सेटल होने में भी शायद टाइम लगेगा. और किसी ने कुंडली 😄 देख के कहा है की अप्रैल मई से पहले अच्छा समय नही आयेगा, तो मतलब IPO भी नही मिलेगा. और हां थैंक यू. 🙏🏻
139.5. ColdBurger| Link| Bookmark|
November 12, 2021 9:55:57 AM
IPO Mentor (1300+ Posts, 400+ Likes)
If you have applied PayTM ipo and not allotted then something might be wrong in your application.
Hi everyone, Need some expert advice here. First time applying as HNI...have been applying in retail quota for earlier quota (not much luck though) Can you please guide how much is the minimum bid to be qualified as HNI? Was thinking of 15 lots of 76 x 197 = 224580. Will this be a correct application? If there has been an earlier thread on this topic kindly post the link. Happy Investing. Thanks.
138.1. Krishnaji| Link| Bookmark|
November 11, 2021 1:56:46 PM
Top Contributor (400+ Posts, 200+ Likes)
Total share worth shud be more than 2 lakhs rupees and accordingly you have to decide how many lots you want to go with in HNI category. Like in this case... in upper band 197/- each share-->14972/-(76 shares..i.e,1lot) * 14 lots = 209,608 Thanks!
If you had gone through the details, it would have been clear to you. The IPO Lot Size mentions the minimum & maximum lots a retail investor can apply. In this case, the maximum a retail investor can apply is 13 lots (197 × 76 × 13 = 1,94,636). Any amount greater than 2,00,000 is considered as HNI/NII application and cannot be applied through Stock brokers, only through Internet Banking or Physical forms submitted to Banks directly. In this case, 14 lots (197 × 76 × 14 = 2,09,608) is enough to be considered as HNI/NII application.
yes application is correct. but chances of allotment is zero. Assuming HNI will be oversubscribed 500 times. so need to apply atleast 500 lot to get 1 lot confirm allotment.
138.4. SamJos| Link| Bookmark|
November 12, 2021 2:54:15 AM
Top Contributor (500+ Posts, 100+ Likes)
@arif - hni application can also be made by stock brokers, e.g. through kotak / hdfc / axis securities online.
138.5. Adv Sarin| Link| Bookmark|
November 12, 2021 4:37:35 AM
Top Contributor (200+ Posts, 100+ Likes)
Applying for 15 lots in this issue is nott better than applying in retail category for few lots. So you can try any where. It got same chance.
Thanks everyone for your advice/suggestions. Have done some research on HNI quota and applied for more than 15 lots. Fingers crossed for the allotment date.
133. PSR| Link| Bookmark|
November 12, 2021 6:03:36 AM
IPO Guru (1200+ Posts, 700+ Likes)
Issue size is Rs. 600 crores. (According to this website) Hence, Rs. 210 crores (35%) is reserved for Retail. Number applications required for 100% subscription : 1,40,261 (210,00,00,000/14,972) Number of times subscribed according to given data : 69.56 times Probable number of applications till now : 97,56,555 (1,40,261 X 69.56) Even there are some applications for multiple lots, there has to be around 90 lakh applications. Is it true?
133.2. PSR| Link| Bookmark|
November 12, 2021 8:40:26 AM
IPO Guru (1200+ Posts, 700+ Likes)
Mr. Amit Pathak
Thank you for your information.
132. SamJos| Link| Bookmark|
November 12, 2021 2:35:04 AM
Top Contributor (500+ Posts, 100+ Likes)
If money from Nykaa Hni subscription is not invested in Paytm or Sapphire it will definitely come to Latent. Roughly it will be: Nykaa total ipo Rs. 5351.92 cr, 15% was NII, that comes to Rs. 802.788cr, NII oversubscribed 112.02, so hni invested Rs. 802.788*112.02 = Rs 89928.31 chores.
Latent total ipo is Rs. 600 cr, 15% NII comes to Rs. 90 cr . If Nykaa hni money comes here, it can oversubscribe Latent hni quota by 999.2 times (89928÷90). So my hni friends, Latent hni oversubscription figure can reach & beat even Paras Defense figures. Comments are welcome on this calculation guess.
132.1. Hector| Link| Bookmark|
November 12, 2021 6:53:14 AM
Top Contributor (200+ Posts, 100+ Likes)
This does not work like this way. HNI works based on the GMP premium.If the subscription will be 1000 times then GMP for 10%interest comes around 380,which the HNI can''t afford .
few things here... NYKAA is a household name... People have applied blindly... Falguni Nayar is a known person in the industry.. Katrina is the brand ambassador.. Issue size being big had something for everyone... is in eCommerce industry where there are very few options if none (Nykaa jaisa koi nahi)
Coming to latent_view, before this ipo page opened, most of us would never have heard the name.. much smaller issue size (1/9th of Nykaa) hence many ppl know beyond 300x, it''s worthless for them to apply hence they will rather go for TARZAN (tarsons) many conservative HNIs won''t enter bcz of new name/new company
Your calculations are spot on. Practically it won''t cross 600x is my view...
131. Jetha Lal| Link| Bookmark|
November 11, 2021 2:52:04 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Experts and Fellow members, 3 rd Party UPI me allotment milta hai Linkintime me? 3rd Party ASBA me toh mila hai mujhe but heard many times ki 3rd party UPI payment are rejected. Please help me with your experience 🙏
131.2. G J 😃| Link| Bookmark|
November 11, 2021 5:51:03 PM
IPO Mentor (1600+ Posts, 400+ Likes)
@Chirdhar,
https://www.chittorgarh.com/faq/does-third-party-asba-or-upi-ipo-application-rejected-or-accepted/582/ it says, only 3rd party ASBA is allowed not 3rd party UPI.
Are you sure about this?
@Team Chittorgarh @ADMIN Please confirm this.
131.3. Jetha Lal| Link| Bookmark|
November 11, 2021 10:29:38 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Admin please this 🙏
131.4. lokes| Link| Bookmark|
November 11, 2021 11:08:27 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@jetha: as per sebi rule, third party upi applications are liable to be rejected, admin also responded same thing recently on similar query in other ipo forum but many people posted in various ipos that they were allotted in third party upi too....i didnt tried that atleast. And when we have asba for third party then why to try something which is unclear, simple use same person upi for whom application is being applied else use third party asba or else u can try third party upi in any ipo having lesser subscription in retail just for trying purpose :)
131.5. G J 😃| Link| Bookmark|
November 12, 2021 1:19:52 AM
IPO Mentor (1600+ Posts, 400+ Likes)
@lokes,
Before your response on the other message thread about 3rd party ASBA thing I was planning to test what you said in the last, "try third party UPI in any IPO having lesser subscription in retail just for trying purpose".
Also, do you have any link for this, "as per Sebi rule, third party UPI applications are liable to be rejected" please share if possible, would like to read it for information purposes.
I''ve applied 5 application by 3rd party upi in Sansera Engineering from same bank account. Got allotment in 3 applications and interestingly amount is not debited yet for all three allotments.
In total .. applied 21 applications... spread over 3 day period at random times.. let''s see if this strategy works to get allotment. Earlier i use to apply in batches of 5...
130.1. lokes| Link| Bookmark|
November 11, 2021 11:46:40 PM
IPO Guru (4400+ Posts, 5100+ Likes)
On a lighter note, next time ek pandit Ji ko bhi puch kar muhurat nikalwa lena apply karne k lie, abhi bhi na mile to 😊
sapphire skip... latent skip because for 50L, chances of getting allotment will be 50/90 which is just 55% (I am now expecting latent to go 600x considering the flopshow of both paytm & sapphire)
and tarson being a bigger IPO, and good gmp (currently 30% and will grow in the coming days I feel) it gives a much better chance of allotment = atleast 1.5 lots and hence better chances of making profit... latent me bychance mil bhi gaya toh 55% chances of making 20k vs 100% chances of making 10k (this is considering gmp will grow to 40% and you getting 25k worth of the stock)
I have appplied through BOB ASBA in the name my 3 family members. Today I have received a message from BSE showing 2 BID ID in all three applications, whereas I have applied once only. The amount is also blocked once only. Now what should I do, whether all applications can be rejected? Please advise.
When I am putting My application Number In NSE Bidding Status It''s Shows Plz Provide Correct information I am Not getting Reference Number but Amount is block
I have Not received Message from NSE that Your Application Is successfully Submitted But Amount is block SMS is Compulsory or Not But In My father Account SMS has came from NSE that form is Successfully Submitted
The sms doesn''t come everytime. If the amount is blocked, then shouldn''t be an issue. You can check your application on the exchange website as well.