Hi dsforipo, i have a/c in Axis bank. i notice that i can apply for 3 bid. but i still i don''t understand how to apply for 5 application. can i send 5 application ,with 1 PAN card.? i never came accross during online IPO application asking me '' How many application u want to apply for.
383. R R Patel| Link| Bookmark|
October 10, 2017 5:15:36 PM
IPO Mentor (800+ Posts, 3400+ Likes)
MAS Financial Services Ltd IPO: Subscription figures @5:10PM:- QIB - 148.33X* (closed) HNI/NII - 378.53X (closed) RII - 14.69X (only open for offline forms) Employees - 2.4X (only open for offline forms) Total - 127.77X *excluding anchor Fantastic participations in all the categories. Great subscription figures and beyond expectations.
Considering HNI subscription of 380x. How much is the interest cost for HNIs per share? My calculation says that the interest cost will be Rs. 180/- per share. So HNI will break even at about the price of 640.
1) My calculation may be wrong. If it is please point out my mistake. 2) Considering that premium at this moment is 215 (35 bucks higher than their cost) will HNI start selling their expected shares at premium and book profit?
383.2. R R Patel| Link| Bookmark|
October 10, 2017 6:23:55 PM
IPO Mentor (800+ Posts, 3400+ Likes)
HNI cost for 7 days @6% interest is Rs.200 per share.
383.3. lokes| Link| Bookmark|
October 10, 2017 8:19:21 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@rajkumar and R R patel: please let me know why HNI has the interest cost added.... ? for retail, as i am applying through ASBA from kotak bank, they just block my amount from my savings bank balance but they continue to give interest on that amount until the shares are allocated and funds get deducted from bank. so why you guys are considering interest cost for HNI ?
*MAS Financial Services Limited* SUBS.FIGURE 4:22 PM QIB 149.67X* CLOSED NII 381.94X CLOSED RII 14.27X ONLY OPEN FOR OFFLINE EMP 2.42X ONLY OPEN FOR OFFLINE *TOTAL 128.64X* *Excluding Anchor
Total No.of FORMS :1326526 *Apps Wise : 12.32X*
*FOR HNI/RII GET 1 LOT OF 32 SHARES* IF THEY HAVE MADE A BID OF 12223 SHARES (RS.56,10,357/-) & MORE
Srijith I searched and got GMP. Just wanted to confirm it on this prestigious forum. If you can''t give answer you always have a choice to ignore a thread rather posting an advice.. Tell me what offence I committed by asking a question? This forum is a helping hand...
378. P M| Link| Bookmark|
October 10, 2017 5:07:07 PM
(1100+ Posts, 1100+ Likes)
There is a misconception about who applied more than 12000 shares in NII will only get allocation. But It is wrong. Even who applied 14 lots (i.e. 448 shares) may also allotted 32 shares in NII by lottery.
There must be concept of Pinned Post in this forum. the post must be marked by forum admin as pinned post so that relevant posts must be on top in IPO page.
*MAS Financial Services Limited* SUBS.FIGURE 4:08 PM QIB 149.67X* CLOSED NII 381.94X CLOSED RII 14.15X ONLY OPEN FOR OFFLINE EMP 2.42X ONLY OPEN FOR OFFLINE *TOTAL 128.59X* *Excluding Anchor
Total No.of FORMS :1315266 *Apps Wise : 12.21X*
*FOR HNI/RII GET 1 LOT OF 32 SHARES* IF THEY HAVE MADE A BID OF 12223 SHARES (RS.43,87,750/-) & MORE
MY RECOMMENDED STOCK AS ON 11 SEPT 2017 STILL I HOLD ABOVE STOCK
G S KAUSHIK Registered User Member Since: Message Posted: 3 Topic Posted on 9/11/2017 1:28:38 AM VALUE UNLOCK STOCK 1 SUVEN LIFE SCIENCES 2 TRIDENT . 3 RATNAMANI METAL. 4 JM FINANCIAL,5 ASIAN GRANITO, 6 RSWM CURRENT LEVEL YOU MAY BUY FOR 06 MONTH TARGET