MCON Rasayan India Limited IPO Message Board (Page 8)

HNI 400 X
RETAIL 330 X

Applied 1/1/1/1/1

As someone has mentioned on Divgi page:
Silicon Valley bank which funds start ups has run on the bank, liquidity problem. May cascade to other banks as well, so there was a sell off in banks.

Retail 450x-500x
HNI 800x+

One needs to be super lucky to get retail allotment and filthy rich to get confirmed HNI allotment.

HNI will crossed 1000x times.

Difficult to cross 700 times.....

Sealmatic kya hold kar sakhte hi sir koi bataye @254

have answered your question in sealmatic forum.

Got it sir thank you 😊 🙏

will be very difficult to get the allotment.

Subscription may be in range of
RII = 250×
NII = 500×

Refund will be available for Quality Foils... also keeping some fund for Labelcraft

My Guess
Retail = ~350x
NII = ~650x

In 2023 what ever SME IPO is listed, had not given any gain. It is either listed in the same price or below. Can anyone give any reason for that. In COVID also we got good returns.

@Abhijit Ghosh,
I think you are missing a lot about SME's listing. Before today's listing 20 SMEs were listed either on BSE or NSE. Out of these 20 only two were in negative on first day. 5 gave more than 50% on listing day. Out of this 5 one gave more than 100%. Other 13 gave something and something more also.
Gains depend on individual bases and not collective. Many investors apply just to sell in pre open irrespective of profit or loss.
You know very well about today's listing.
Many lucky investors make profit in declining market also. So, enjoy the ups and downs of Share Market.

If listing gains are concerned, except Aristo (-9%), most 2023 sme still giving high returns - chaman(31%), shera (11%), macfos(54%), earth (22%).

GMP still intact more or less at same level....Good

but if we apply with full strength, then Labelkraft will be missed...which again is a good IPO...

Refund may be used for Quality foil

we never recommended Srivasavi.....it was below average IPO....it's GMP at close was just 4%....

it was avoid

Systango & Vertexplus fund can be used for Labelkraft & Global,
&
mcon/prospect funds can be used for Quality & Bright.

So present fund need be utilised for Mcon & Prospect.

Which category would have better chance of allotment?
and if it's HNi, how many lots should we apply for guarantee allotment?

Confurm allotment is when your app is more than 80% of nii subs. So you guess nii subs, & apply mire than 80% of it to get confirm 1 lot allotment.

Rony - I think one can apply max 285 lots. (6.84 Cr total size, 50% NILL and lot size 120,000)

Closing Date konsi he 09-03-2023 ya 10-03-2023
Event      Tentative Date
Opening Date      Mar 6, 2023
Closing Date      Mar 10, 2023

M con
Live @rajkot 70000

@ KING VINOD
Update Mcon gmp & subject2

I would like to apply third party ASBA (five different applications) through Union bank of India. Will it be accepted ? Pl comments.

Considered the size and the kind of response it generates
Very Very Hard to get allotment
Retail 400 Times Minimum
Better Apply in some other IPO, rather Boozing here for allotment
HNI is also over booked Hence best Thing is find other opportunities.

if bank don't submit our ASBA application to exchange...

other then banks..

where should we complaint?

reply please...

@Hope is life
I don't have account in BOB.
But in Central Bank, immediately after submitting ASBA, I can download my application.
I SBI and PNB, we can view Application in ASBA View option.
There must be some option in BOB also to view your application if it is submitted. If applicantion is not submitted, amount will not be blocked.
In case you are unable to submit ASBA in BOB, you can use UPI mode to submit your application.

@ipo share sir

thanks sir

i applied through upi...

i have 40lakhs,i might have additional 1 or 2 lakhs.i have 2 demat accounts.How to split between mcon rasayan and Global surfaces IPO.

Better split equal AMT for both ipo and apply one retail and one hni

Apply 4 bhni in global. Better return chances.

retailers are applying with full force.

Nii will also be ff, but they cone on last day last hour.

Public fancy sme might attract subscription as under
Others 800+
Retail 500+