The Crow Verdict - Apply with full force for a business that''s developing, profitable, and one-of-a-kind with major competitors being outside of India. Only negatives are low FV and full OFS. Another issue is the high asking PE but that may be due to first mover advantage in the bourses.
Red flags - 3 out of 13. Keep crowing!
193.1. MehulStk| Link| Bookmark|
December 13, 2021 1:42:01 PM
Top Contributor (400+ Posts, 100+ Likes)
187.2. SamJos| Link| Bookmark|
December 13, 2021 3:22:51 AM
Top Contributor (500+ Posts, 100+ Likes)
@RAJESH - Go through experts hni/qib subscription & gmp predictions, you can roughly decide by yourself which ipo to go. (Higher gmp & lesser hni oversub is better than higher gmp with higher hni oversub, which itself is better than lower gmp with lower hni oversub.)
Follow that ipo & hni subscription figure till 2.45pm last day & make final decision. ARWL & RTT are recent examples which appear lucrative initially but avoided looking hni performance last day last hour.
Since HNI Oversubscribed around 88 times whereas Retail just 11 times, then why do you suggest going with HNI. Any rationale behind...
185.4. Gopinathji| Link| Bookmark|
December 13, 2021 12:07:44 PM
Top Contributor (300+ Posts, 200+ Likes)
@vinayam 35% retail quata hai isliye 14ya15 hi hoga
185.5. Krishnaji| Link| Bookmark|
December 13, 2021 12:13:42 PM
Top Contributor (400+ Posts, 200+ Likes)
Dear Vinayagam, As you have 2 lacs fund only so better go with retail from both the accounts. This would save your fund for the other ipos. For HNI, minimum fund required is 2 lacs and above per acc, so anyway even if you put all 2 lacs in 1 acc, your other demat acc will go waste.
Unless You can apply for more than 30 lots in HNI or may be even more, there is no sense in applying in HNI quota in highly oversubscribed HNI quota issue especially when retail quota is 35%. 1 lot in retail with have better probability of allotment than 20-25 lots (or maybe even more no. of lots) in HNI for such issues.
185.7. PSR| Link| Bookmark|
December 13, 2021 12:22:02 PM
IPO Guru (1200+ Posts, 700+ Likes)
Mr. Vinayagam
Now time is 1.15 PM. NIIs bids are usually received between 1..PM to 3.00PM. Considering these as well as other factors into consideration, this issue is likely to subscribed more than 300 times in NII category, in which case the allotment chances for 2 lakhs application could be about 1:20. On other hand, RII category may not exceed 14 times. In this scenario, if two applications are made in RII category, the chances of allotment likely to be 1:7. Hence, going for RII category appears to be better option.
Applied 1 lot in retail through Upi, but authorisation has been failed due to some server problem.
Should I apply again? Will it get rejected if I apply again??
Also, is it true that applying through ASBA is more reliable than Upi?
Thanks
183.1. lokes| Link| Bookmark|
December 13, 2021 12:00:05 PM
IPO Guru (4400+ Posts, 5100+ Likes)
you can cancel your current application from your broker site and apply again. Chances wise ASBA and upi both are having same chances, but better is ASBA always since we don''t face any issues there like you are facing in upi now. UPI mode better to use only in ipo where not sure to apply and final QIB/HNI figures needs to be seen, else use ASBA only always if possible.
182. ipobull| Link| Bookmark|
December 12, 2021 7:15:45 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@Admin, Iam a member since 121212. Completed 9 years today. It has been nice experience in this forum.
@ipobull Congratulations sis. Any advise on stocks purchase.
182.3. SamJos| Link| Bookmark|
December 13, 2021 2:27:39 AM
Top Contributor (500+ Posts, 100+ Likes)
Congratulations......& Best of luck to be Bigbull from ipobull 😃
182.4. ipobull| Link| Bookmark|
December 13, 2021 9:24:02 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Thanks very much for your nice comments, Nifty Singh, Justin Bieber & SamJos. Shall keep on posting whatever I feel right. All the best to you. Make lots of money.
182.5. Eklavya| Link| Bookmark|
December 13, 2021 9:30:38 AM
IPO Mentor (700+ Posts, 300+ Likes)
@CAGuarv Depending on u r fund size u can decide, there is a possibility of CE info getting oversubscription by around 350 to 450X if u have that much fund u can apply blindly else apply in Retail with Multiple Application then u can apply in MedPlus in HNI as it may go around 100X
182.9. ipobull| Link| Bookmark|
December 13, 2021 11:55:10 AM
IPO Guru (1000+ Posts, 1000+ Likes)
@Eklavya, Avenue, CAGauravGoyal, Thanks a lot for the good words. @CAGauravGoyal, You can go for MapmyIndia for nice listing gains and it being a niche player. MedPlus is also wonderful based on its financials, but it will face competition from Netmeds & Pharmeasy over long term.
181. Elon Rusk| Link| Bookmark|
December 13, 2021 11:00:33 AM
IPO Mentor (500+ Posts, 200+ Likes)
Applied for for 4 lots each in 2 accounts but i am sure i will be allocated 0 lots. Chances of getting Allotment for me is 0.1%
@lokes@Avenue@MK@M.Ravi @Noorul@All senior member Firstly would like to thank you for sharing your knowledge with us . I would like to ask about the 1 lakh Cr HNI funds Theory I want to how do you guys estimate expected HNI figures ?
In the current scenario - Between Rategain , Shriram and metro around 10,000 Cr is expected to applied in HNI Category.
So remaining is 90K Cr And most rewarding IPO would be CE,Medplus and Data patterns
Rategain funds would be available for Medplus but CE funds will not available for Data Patterns.
So according to me, 8500 Cr of Rategain will again usable after CE IPO. So again we have almost 1 Lakh Cr to used in 3 IPO with healthy GMP (Not taking into account HP Adhesives ) HNI quota in respective IPOs (Approx) - CE - 156 Cr Medplus - 210 Cr Data Patterns - 89Cr
Considering Data patterns small issue size - one would expect it too hugely oversubscribed So most funded HNI would go for CE IPO (Considering GMP ) So how do you guys finally estimate the rough figures ? I know you can''t estimate exactly but just want to know want all goes on in your minds while making these decisions .
My prediction of over subscription.. Mapmyindia = 320x - 390x Datapattern = 350x - 430x Medplus = <70x
180.2. M.K.| Link| Bookmark|
December 13, 2021 12:21:06 AM
(300+ Posts, 200+ Likes)
@Harshad The anchor book + the QIB over subscription plays a part. The GMP plays a part. The HNI funding mkt activity plays a part. Also, need some experience coupled with guess work. I''m not as accurate at estimating as the others 😃
@ M.k. No one can predict the real figure.. market is always unpredictable.. But there is no harm to just make a wild guess if somebody request. I just did it.
180.4. lokes| Link| Bookmark|
December 13, 2021 10:38:52 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: he is not asking about expected figures but asking about how we estimate expected figures for which MK replied. @Harshad: Below things are main considerations while estimating expected HNI figures: GMP of the ipo issue size of the ipo other good ipo during same time means that 1 to 1.1 lakh max funding thing. HNI funding rates/activites/any-news Experience/knowlegde based on past ipo subscriptions.
180.5. lokes| Link| Bookmark|
December 13, 2021 10:49:12 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@harshad: Missed to add one more point above which is: company financials/sector/long term growth prospective etc.
Pardon me for another newbie question. Suppose I apply for 250 lots and the oversubscription ends up being 500x, will I be guaranteed at least half a lot ( 9 shares) or is there a possibility I may end up getting no shares at all ?
Thank you for clarifying . One more question. If the subscription is 500x, will my chance of getting the lottery for one lot be higher if apply for 250 lots vs 50 lots or will it be the same in both cases ?
Experts here please guide me. Every time i am applying for ipo on last day at 4.00pm through sbi upi. I am getting upi mandate and approving. But till now i have not received any ipo which i applied at 4pm on last day. Later i found that we should apply before 2 pm for applying through sbi upi. Is it correct?