We all think this is good ipo must apply.. but i still cant understand why grey market not too much fancy in this ipo... last 3 to 4 days gmp stop & down
Few bigger one moved towards LIC IPO and going to apply few lots only here. that's may be one of the reason . It will be Subscribed 15x in RII and tough allotment here. Fone4 is also good for listing gain as GMP and Subject to rate is stable from starting.
Hi, I want to apply for LME, what would be a better way to apply to better chances of getting allotment. 1. Apply for 1 lot each in 9 different application in retail category 2. Apply in NII in a single account for 9 lots that makes its 10.8 lacs 3. In NII category will it be advisable to apply less than 10 lacs or more than 10 lacs and how it differs in allotment status.
Hi, What would be a better way to apply to better chances of getting allotment. 1. Apply for 1 lot each in 9 different application in retail category but in different pan no. you can apply 5 app on single account on diffrent pan no. ( single app on one PAN , OTHERWISE ALL APP CONCELLED). 2. Apply in NII in a single account for 9 lots that makes its 10.8 lacs - Please see subscription at app 2.30 pm ,if HNI subscribed approximatelly 4 time , you application should be above minimun 5 lot. if IPO is good then bitween 2.30 to 3 pm subscription is adding very fast. last time of apply my asba 3 pm . and 5 pm for UPI F for 1 lot. 3. In NII category will it be advisable to apply less than 10 lacs or more than 10 lacs and how it differs in allotment status.- yedi 1 lot ke liye apply krte he to lottry system for ex- if subscribe 5 time than , 5 me se 1 ko milega, and yadi HNI kota 5 time subscribe orb apne 5 lot ke lye apply kiya to confirm 1 lot milega .( old ipo me example ke liye - alotment me jaye waha per sheet milegi use dekhe) (This is my personal view please check on other )
1. I would suggest you to apply 8 retail applications for 1 lot each.
2. Don't get confused, New HNI application and allotment rules do not apply to this or any other Fixed Price IPOs. It has the same and old single HNI category.
Dear Chittorgarh Admin, Is it possible to bifurcate the NII (HNI )subscription in your subscription status (Bidding details) as that would be very helpful.
Regards
89.1. lokes| Link| Bookmark|
April 26, 2022 2:52:19 PM
IPO Guru (4400+ Posts, 5100+ Likes)
There is only one NII category here....like old way....as i mentioned in below post: https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1244&c=504595&ap=0
Which is better to apply? I can put in 2 lots max (NII) vs 1 lot Retail for better chances? Do I just wait for subscription figures on last day and decide?
Help me members I am going to apply through UPI and my account is in BANK OF MAHARASHTRA, LIMIT IS 1LAKH BUT LOT IS 1LAKH 20K CAN I STILL APPLY OR I HAVE TO GO BANK TO INCREASE LIMIT
@aakash patil ,you can apply irrespective of your bank limit for upi transactions.this upi mandate for ipo is different from those regular limits for normal upi payments.
@Aakash Patil , IL limit is for customers to transfer however mandate works differently . One of my account in ICICI Bank have UPI transfer limit of 1L however IPO mandate worked for me for 1.5 L also and never failed. So nothing to worry if you can accept the mandate successfully.
If in case mandate is failing, as an alternate option is to cancel the current bid and apply through bank as asba. So may be for the first ipo, bid a little early (may be before 2:30 PM on last day ) so that you will have enough time to apply as ASBA.
You could also confirm with your bank about this before applying.
@ Aakash patil Mera bhi bom me ac he Mene sme apply kiya tha but msg asya sponser bank not supported After that i will apply through bob Bob limit is 2 lakh
Le Merits : 15 % listing gain is possible or more. Fone4 : 20% listing gain but need to sell at pre Open. Global longlife: 10 % listing gain is possible but risky bet.
I will apply Le Merite and if Subscription would be better in fone4 then try to apply on last day. Global long life is also good but fund issue.
I will also apply here but allotment will be very difficult. Most big HNi like MRavi 😎 will have too much of spare funds as in mainboard IPOs with new rules, they may apply @ 10 lacs only, and this IPO is as per old rules. My thinking only..... Wait and Watch...
@Avenue, I had lots of allotments recent times (not sold anything). I would like to keep enough buffer for secondary market purchase (especially recently listed ones if market goes down). Certainly I will apply 'Le Merite' accordingly to get allotment of 4-5 lots maximum.