Mazagon Dock Shipbuilders Limited IPO Message Board (Page 32)

By what time I can apply through AXIS BANK ASBA mode.

Qualified Institutional Buyers (QIBs)      10.5389
Non Institutional Investors(NII)      146.2765
Retail Individual Investors (RIIs)      25.9583
Employee Reserved      2.3055
Reservation PortionShareholder      0
Total      35.9105

I am new so can someone please explain what is QIB, NII & RII? Can I apply in QIB or NII or only in RII?

@Maximizer...
All data is correct except that you do not need any special demat account to apply as HNI.
Any application above 2L will automatically qualify under HNI.

As Individual user having demat account, can apply in either retail or HNI category. You just need to select correct category while applying (submitting bid) for IPO.

Look NII Cost per share for Chemcon is Rs 288 so Rs 340 + 288 = Rs 628 is the total cost per share. Right now NII are losing money in chemcon.
Second issue is EPS of Chemcon is 15.37 and giving a PE 40x is at higher range... Rs 614
Bottomline NII might have burnt their finger slight in this Chemcon IPO.......

Coming to Mazagon Dock NII may be slightly cautious in investing so i assume subscription may not cross 350x to 400x

Kotak Mobile App and Kotak Bank Internet Banking is down. Not working.

its internet banking app is working. Just applied

Working now

@eagleeye mam pls update latest GMP.I feel GMP is decreasing...

Listing gane kitana hoga

Is it worth applying in HNI category. Can any one plse advise if there is any difference in allotment for single lot or 13 lot application.

Thanks

Your allotment chance does not affected. As it seems it will be lottery allottement looking at Subscription figure. Rather you apply in 13 different PAN and Demat account to increase the chances.

N.B.: PAN Name and Demat Account holder should be same.

Don't apply HNI. It is expected 500-600x means minimum 75 to 90 lac to just get one lot. Instead apply multiple retail applications of one lot.

Almost all public shares barring
NBCC
Mishra Dhatu Nigam
IRCTC
have not given any decent returns over decades. Closest peer Cochin Shipyard in the same business entered with an IPO and quoted over IPO price for a brief period before declining below IPO price. However, Cochin Shipyard was issued at a price with higher valuation than Mazgaon docks.

So, do apply in this IPO. Considering the PSU record and lower or no fancy by FIIs price may decline q while after listing. Those with allotment can book immediate gains.

can we apply through google pay upi. my bank linked is canara bank

but i recieved mandate on gpay . if i authorise it will be considered valid?

please tell me

Should we apply 1 lot or 13 lot under retail category??
Does applying more under retail category increases the chances??
Also should I apply 13 under retail or 14 under HNI, which will increase Chances??

Learned leaders, please answer this question which most people today have??

hi i have applied 1 lot through upi and amount blocked but in zerodha ipo status is showing amount blocked :none and my status not changed i have waited almost 2 days will my application considered as a valid application

shares offered for Mazagon under NII category are 4,538,025

if the subscription is 351.46x (assuming HMTL number here)
and if i invest rs. 2,09,160 (i.e. 14 lots = 1442shares)

what is the probability of allocation - how many shares will i get under NII category (is it 3shares for guarantee or the logic is different?)

Mostly you will not get anything. Shares are allotted in minimum lot size which is 103. In order to get guaranteed allotment you have apply for 352 lots as per your assumption of 351.46x HNI. Below that is pure lottery which is very difficult in HNI. Better apply 14 different retail applications of 1 lot to increase your chance of allotment.

Choosing category doesn't depend on you and as & when you want can switch, this should be registered while opening ur demat with supporting documents.. so mere selecting the category like NII will not make u a NII...

I have applied for 13 lot - 1339 shares. what are the chances of allotment? What is the present GMP?

Chances of allotment is LOTTERY, and that too only 1 lot. :)

I HAVE APPLY 11 TIMES ( 11 LOT ) , SO ALLOTMENT CHANCE IS MORE ? THANK YOU.

No, in fully subscribed ipo, you will get either 0 or 1 lot per application.

How many DEMATs do you have?

I am facing issue in bhim app in mandate process. mandate decline
Can anyone please answer what to fo now

I am facing the same problem. pls, apply through ASBA. which called through Internet Banking.

Issue with mine also. Zerodha Console is not working. Can't modify bid nor cancel upi mandate.

Dear Admin,

Seems there is Anamoly in update. NII subscription is 26X by now

Awesome listing for chemcon and decent one for cams. Just hope I get allotment for mazagon. Min 25-30% for sure

Sir mera account sbi mene apne asba से अपना apply किया है क्या में उस sbi के asba और लोगों का apply कर सकता हूं ipo please reply ????

Don't Do. your all application will be rejected.

@vivek - PSU banks are still providing this facility. I applied in CAMS from 3rd party ASBA and even got allotment. So this trick still works!

I have only Yes Bank account to apply for IPOs online. But there is no Mazgaon Dock IPO available to apply.

Can't trust on upi application since I didn't rcv fund locking mandate while applying in IRCTC IPO due to which I was unable to participate in IRCTC IPO.

SBI NetBanking too unreliable as it shows "No records found" while checking allotment status which means IPO application in SBI NetBanking doesn't get processed but surprisingly amount get blocked in the account even then.

How can I participate in Mazgaon Dock IPO ? Can anyone suggest way out. Tomorrow is the last day.

Option is there in yes bank on next page of available ipo list..pls explore..thank you

I am also facing same issue...
I have applied through SBI ASBA but when I check Application number on BSE then it shows "No Records Found".
Already 24 hours gone still application status is not showing on BSE..
Anyone please advice