@PLAZA bhai, listing may be dicey due to immediate uncertainties. However, I believe the stock has min 40-50% appreciation potential in 1-2 yrs timeframe. I'm definitely holding some of my allotment long term, even if there's a good listing pop.
391.6. PLAZA| Link| Bookmark|
January 19, 2024 7:07:49 AM
IPO Guru (2400+ Posts, 1300+ Likes)
@ValueSeeker Yes IMO due to allotment rush listing might be somewhat at below gmp but fundamentally and business outlook wise good to remain invest..
390. Saney| Link| Bookmark|
January 18, 2024 11:29:15 PM
Top Contributor (400+ Posts, 100+ Likes)
Surprised at 0/3 retail. :( same here it's feels like a joke with us...linktime
389.2. Smile✍️| Link| Bookmark|
January 19, 2024 5:35:23 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@Crow Whenever low subscription calculation always fails. I applied 5 retail assuming 2 lots, received 1. Unique player holding this, time will prove this is gem or game.
Everyone, the same thing happened to me with AWL last. One has to be really lucky to not get a single lot out of 3 in an IPO that's subscribed roughly 3 times in retail.
Got not 490 but 491 shares in the BNI application. I.e. 1 share extra. Out of curiosity, Anyone would know why would that be the case in an oversubscribed ipo?
383.1. UjwalG| Link| Bookmark|
January 18, 2024 10:56:39 PM
IPO Guru (1300+ Posts, 600+ Likes)
Because every applicant can get shares in lots i.e 35 shares. But when total shares are not multiple of 35 then some may get extra 1 shares
383.2. UjwalG| Link| Bookmark|
January 18, 2024 11:04:38 PM
IPO Guru (1300+ Posts, 600+ Likes)
Pardon me, forgot the calculation. Total shares to be alloted in bhni .2,802,817 ...Per bhni allotment size 490 shares (1 application) So 5720 applicants +17 shares. So these 17 shares get distributed to 17 lucky people.