Mandeep Auto Industries Limited IPO Message Board (Page 3)

12 Seller

Allotment out on registrar's website.
I got 0 out of 3 HNI bids.

7 lot ki 5 applications. bhut kam chances hai lg rha

RESPECTED MEMBERS,
PLEASE CAN ANYONE TELL ME THAT IS THERE ANY CHANCE TO GET ALLOTMENT ON 1 SHNI APPLICATION BY ASBA

BECAUSE MANY MEMBER WRITING THINGS LIKE ELIBILITY FOR LOTTERY AND STUFF I ONLY HAVE ONE ACCOUNT SO IS THERE ANY CHANCE FOR 1/1 SHNI APPLICATION PLEASE EXPLAIN.

As you mentioned SHNI application, iam assuming you applied for 2 lots. There will be enough number of applicants for 2 lots so that the lot category is considered for lottery. So, you have chance of getting allotment. @Aakash p

​@MuStrFc Thanks for response.
​@Esparando HNI subscribed 61.68x and retail subscribed 90.49x so total average subscription is 76.09x.
Since HNI subscribed less than retails in this case might be some portions from HNI to be transferred in retails also HNI subscription may considered average subscription of retails and HNI which is 76.09x.
Will see with more detailed info in BoA how it's going to work as I just heard this kind of information within friend circle.

Note: I'm not claiming this information is correct or not, just shared as heard.

​@Mr. Singh But HNI is oversubscribed herr then why will the quota transferred to retail?

​@HumorHedge Ji, SEBI guidelines generally try to protect interests of small investors and the purpose of having a separate retail category is to improve their chances of allotment. If this provision were absent, the lot size -weighted probability of allotment would be lower for retail than for HNI. In other words, retail would have had a higher probability of allotment if retail + HNI were combined into one category. This measure ensures that the probability of allotment for a 1-lot retail application is at least half that of a 2-lot HNI application.

​@rohiitian 
​@MuStrFc @Palka @Dhiraj Ramchandani And other experienced members , is this one safe to apply ? Lm Has previously managed only 1 ipo( slone)

Current avg subscription is 77x, so minimum 3 were required to be eligible for lottery and there are 4 already from here itself. @Ishq With Risk

​@MuStrFc Where are you seeing 77 times ? In HNI I see it as 61.54 times.

@Ishq With Risk With HNI subscription at 61.54 times, for 14 lot to be considered for lottery, you would just need total 3 applications at this lot as @MuStrFc mentioned.

This new time limit (till 10 PM or 10:30 PM) to accept UPI mandate is not working it seems. At least with BHIM. I tried to accept and it gives me "Original Reqauth mandate not found" error

40/30/10 applied finger cross

0/0/0/0 allotment

Who received allotment for 30 lots application?

Applied 27 lot.

Need at least one more to be part of lottery.

Skipped...

I see that you skipped this one… what was your rationale. Do share for learning purpose.

​@ARJUN'S EYE How did you decided to skip this?

Avoiding this one. GMP is falling. If the gmp remained steady, could have planned a few retail apps.

Discount ki toh umeed na thi. Anyways narrow escape here & no luck in the remaining two.

If retail is subscribed more than hni then part of hni quota is shifted to retail?

​@MuStrFc @AAvi Thnx

​@IPOFreak Just applied 30 lots.. if u had posted few mins earlier, I could have joined u.
Anyway best of luck to both of us !

Gmp Crashed Suddenly.. 52% to 29% ....
I hope this is a safe bet … ? 🤞🏻
Seniors please reply ..

Who is playing to go with 7,8,9 or 10 lot, I shall join with 2 application.

Not alloted - 0/2 for 7 lot application

Got 1/1 from HNI and 0/1 from retails.

Applied 18 Lots, if anyone wants to join.

Very strange to see SME of 25 crore size with 52% GMP struggling with subscription numbers.

Issue closing in few hrs and HNI still at 11 times subscription....something not adding up.

In this speed, what will be the expected subscription

Will be super surprised if it crosses 100.

ABS I guess would be in 225-250 zone.

Applied retail 5 applications

Final Verdict - Going to apply 3 retail applications on this one, not a FF candidate for me.

your views on indian emulsifier ?

mandeep funds won't be available for Indian so which one is better for listing gains

Off topic !!
Can we still apply third party application in sme?

It seems hni aren't interested in this sme. Everyone wants ABS marine only !