Thank you @Smile✍️ Bhai ..aapne bacha liya..me to yahan par hi FF karne wala tha..aapne maa shitla ki yaad dila di..unka kaam aisa hai kar de to kar de funds unblock..warna yahan pe my finds are still unblocked likhte rehte.. kataria me allotment chance kam he lekin yahan pe allotment chance thikthak air unblocked chance zyada..😆
36.7. Smile✍️| Link| Bookmark|
July 20, 2024 10:06:49 AM
IPO Guru (1800+ Posts, 1100+ Likes)
@Tejas Pandya I also forwarded two applications, before placing third, to check live subscription Visited page of chittorgarh.com where noticed name of "Late Latif" maashitla, to save others written message here and withdrawn my applications.
@diwan kapoor Thank you. Fed up with non-allotment in this month, I have FF. No sure of getting allotment nowadays. Let us wait and see.
33.3. KGSKIPO| Link| Bookmark|
July 19, 2024 5:18:26 PM
Top Contributor (400+ Posts, 100+ Likes)
@DEVBULL All the best sir. I was thinking that this will be subscribed max 200 times and applied 59 X 2 lots considering error margin. Now I need one more person in 59 lot otherwise I will be not part of lottery. Your expectations in subscription is correct and how did you arrive 147 lot. My bank closing time also 3 pm and it's really a handicap compared to banks having closing time of 3.30 pm
@diwan kapoor In continuation to my preceding posting to you, half of the second sentence typed by me there swallowed by CG. I don’t know, why?
@KGSKIPO My Bank is also closing by 3 pm. Mine is simple strategy. No chance of getting allotment in Kataria. So go with limited lot sizes to test our luck. Put maximum available fund in the Macobs where there is some chance of getting allotment. No need to reserve any fund as no IPO closes on next working day.
Can you explain the financial logic of applying 24 lots and that also from multiple accounts shen the GMP is less than 25%? I dont think the stock wont provide buying opportunities post listing. So acauiring the lot is also not an issue.
Let's say you are allotted with one lot from three accounts, still as listing gains you would not make more than 30-40 k from that one lot. Does thar justify the efforts ? Sorry if i have not understood the logic but would love to learn.
@IPOAK 24 *3 would require = 86.4 lakhs. If it lists as per GMP then profit post STCG will be 35,500/-. This would mean a return of approx 0.4% for about 6-7 days. Meaning a return of about 20% per annum. And this on top of the 5-6% interest banks pays on your captial.
24.3. CJ ROCKS| Link| Bookmark|
July 19, 2024 3:25:42 PM
IPO Mentor (800+ Posts, 500+ Likes)
@Seth. Congrats sir ji 🎉👏 for achieving "GURU" tag for your hardworking,unbiased views about IPOs both SME and MAINBOARD and fundamental knowledge for last few years. We have benifitted a lot from your valuable posts. It is just a milestone.🙏🙏 Keep posting and updating us as usual😊🙏
24.4. Seth.| Link| Bookmark|
July 19, 2024 4:06:30 PM
IPO Guru (1200+ Posts, 600+ Likes)
@CJ ROCKS Thank you so much ji 🙏😊 Very nice of you to take notice and recognise , I really appreciate🙏
23. Jsca| Link| Bookmark|
July 19, 2024 3:52:54 PM
Top Contributor (500+ Posts, 100+ Likes)
@rohiitian Please update if you are participating on this? This or Kataria which has more chances of allotment with, fine with small profit but shouldn't be negetive listing.
Their products look world class from looks on their website (I haven't used them). With such high quality products, dont they have a decent big manufacturing set up ? Surprisingly they have only 15 employees, which means no manufacturing of their own. As someone commented below, most likely these are chinese products, so it is only white labelling ?
21.1. MuStrFc| Link| Bookmark|
July 19, 2024 3:04:21 PM
IPO Guru (3100+ Posts, 2400+ Likes)
They are still at small scale compared to other in same segment. Scaling up currently to make their presence known. Only then can personal manufacturing can be concentrated.
And there are still many companies which advertise "Make in India" but still import and labelise them and sell in local markets. The reason why our imports from China never drastically reduced despite this Initiative. @InvestThreeZeroOne