What is gmp of le merite and why it is so low when it is really a good ipo
111.1. DownriteVJ| Link| Bookmark|
April 28, 2022 9:36:52 AM
IPO Guru (1400+ Posts, 1200+ Likes)
Check the subscription again at 2.45 pm today.
110. antarix| Link| Bookmark|
April 28, 2022 8:33:58 AM
IPO Guru (1100+ Posts, 700+ Likes)
SBI has stopped accepting multiple applications from netbanking. Now only the account holder can apply ASBA. Saw this today while applying for Le Merite.
Please* Issue Period 29-Apr-2022 to 05-May-2022 Post issue Modification Period 06-May-2022 (10.00 A.M. to 11.00 A.M.) Cut-off time for UPI Mandate Confirmation 06-May-2022 (upto 12:00 P.M.) Issue Size Initial Public Issue of upto 24,00,000 Equity Shares. (Including market maker portion of 1,20,000 shares) Issue Type Fixed Price Issue Price Rs.36 Face Value Rs.10 Tick Size Re.1 Market Lot 3000 Equity Shares and in multiples thereof Minimum Order Quantity 3000 Equity Shares Maximum Subscription Amount for Retail Investor Rs.200000 IPO Market Timings 10.00 a.m. to 5.00 p.m. Lead Manager Swastika Investmart Limited
Experts need your help, I want to know that if retail is 6x subscribed means there is chance of 1 to get 1 lot out of 6? In lottery system or any other format
4. Campus - Must Apply 5, Rainbow - Apply(sell on preopen)
102.4. antarix| Link| Bookmark|
April 26, 2022 6:40:15 PM
IPO Guru (1100+ Posts, 700+ Likes)
Dear all, I want to apply for Campus and Le Merite and funds of around 10 L and 4 DMAT accounts. How should I divide this amount between two IPOs? Any suggestions?
@antrix... Luckily for you both are closing on 28th. Watch out for realistic allotment chance in le merit as I suspect subscription to be huge. If that is the case focus more on campus. Else devide equally ...
102.12. GJ π| Link| Bookmark|
May 5, 2022 1:34:44 AM
IPO Mentor (1600+ Posts, 400+ Likes)
1. Le Merite - Allotted 1 out of 6 applied (including 1 failed mandate application) 2. Nanavati - Skipped 3. Fone4 - Allotted 1 out of 2 applied 4. Campus - Not able to check status yet 5. Rainbow - Skipped
Will Lme funds be available for LIC ipo..i am planning to apply for 3 lots in 3 diff accounts...in case of nil alotment will the money be avilable for lic..pls advise