It depends upon Register and banks If Allotment out 10th nov and banks release amount on 10 and 11 morning .Then only we can use sigachi amount
249.6. lokes| Link| Bookmark|
October 30, 2021 9:15:16 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Mravi: yes most probably you will be able to use sigachi money on 11 Nov to apply in sapphire or latent view ipo which are closing on 11th Nov, as you can apply till 2.45pm. Here registrar is bigshare in sigachi which usually handles small IPOs , so can''t be 100% sure of unblock but 90% chances are there that by 2.30pm on 11th Nov (refund day) it will be unblocked. In previous ipo by bigshare, debit/unblock happened from 10am to 2pm on refund day.
@indiaway, @lokes, thanks for the reply, appreacited.
249.8. jstm| Link| Bookmark|
October 31, 2021 1:20:11 PM
IPO Guru (1300+ Posts, 3200+ Likes)
@ lokes Both are good. Regarding sapphire , we have experience of Devyani''s listing.More than 50% return on listing. So promoters are reliable. In addition , QSR theme is being celebrated by market. Eg : Burger King , Zomato , Barbeque Nation etc. no matter how much loss the co. is making. & LVAL''s only peer is Happiest Mind which is trading at above 100 p/e presently. Hopefully price band could be investor friendly.
@ MRavi I''m planning to change my program regarding Sigachi''s HNI application. Now I''m thinking to apply only in RII or just above 2 lac in HNI due to these 2 IPOs Sapphire & LVAL. It is better to sacrifice 1 good IPO for the sake of 2 good IPOs. If unblocking is not done in time then we''ll have to forgo these opportunities.
@jstm, Many thanks for this thoughts and guidance, really appreciated. I will also plan accordingly. To keep only few lots (say 2-3 Lac rupees) each for Sigachi, PB, SJS. and go full force on Nykaa. (Nykaa refund will be available for all 3 i.e: Paytm, Sappire, Latent view)
249.10. lokes| Link| Bookmark|
October 31, 2021 3:46:48 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@MRavi/@jstm: So if most of the people following this [applying in nykaa with full force and skipping others], then nykaa will see a better than expected subscription in HNI :) May go more around 120X or even more, else due to bigger size, 80-100X was expected in HNI (even that was if compared to zomato)
249.11. lokes| Link| Bookmark|
October 31, 2021 3:48:17 PM
IPO Guru (4400+ Posts, 5100+ Likes)
*(even that was more if compared to zomato HNI subscription/size)
Is anyone applied this ipo or any ipo today through hdfc bank online . Is it working????. I am not getting any response after confirm button clicking. Please try and suggest pls.
I want to apply IPO from my Bank of Baroda net banking for my friend (All the details will be belonging to him) But now there is no option of Pan modification while Registering account details.
Respected Kama Sir, It''s long since we have not heard you. Please come back. Discussion on buy back is not allowed . So, please say something about market , Ipo etc . Without your participation this forum is saltless. Thank you
Sir, Thank you very much for your kind consideration. I humbly submit that I am really touched n grateful to you.
I have already applied for NYKAA IPO. I am planning to apply for Policy Bazar and Sigachi IPOs. Of course, Paytm also.
After a long time, I am applying for IPOs in retail category. I am left with a very small amount out of the allotted quota for the IPOs. In the recent days, allotment has become a very very rare opportunity due to heavy subscriptions. Hence, not that much interesting. All the very best to you. Thank you.
@KAMMA SIVA RAMA KRISHNA I second Asoke Sarkar. Nice to see that you have applied in IPO. I wish and pray for you get allotment even they are subcribed heavily. This is not only for your good heart but hoping to see your posts in IPO''s forum. All the best Sir for your IPO re-entry
Thanks
244.3. lokes| Link| Bookmark|
October 31, 2021 12:19:27 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@KSRK sir: there is no harm in keep applying in good ipo''s in retail category even if allotment chances are very less, since funds needed are less for 1 lot application and can be applied easily from any bank ASBA. we don''t know when luck favors us :) wish you good luck for allotment in PB/nykaa where chances are better than sigachi.
Really, I am drenched in the showers of your love n affection. I find it very very difficult to choose the be fitting appropriate words to express my gratitude. I wholeheartedly thank you for your kind words.
@KAMMA SIVA RAMA KRISHNA Ji, The way you express and write your gratitude towards others, is itself unique & appreciable, I always read all your comments it feels good and makes me happy. Keep it up and keep applying good IPOs, luck always favors in someday, somewhere surely. Thank You
Very kind of you. Undoubtedly, I am fortunate enough to have kind hearted people like you who are pouring all their affectionate words. What more can a person expects from his dear ones? I shall be ever grateful to you all. Thank you.
244.7. ColdBurger| Link| Bookmark|
October 31, 2021 9:35:34 AM
IPO Mentor (1300+ Posts, 400+ Likes)
Pleasure to see message from kSRK ji, his comments are like flowers if the forum is a garden🙏 Missing Aniket ji, wanted his valuable view on SAIL after 10 fold increase in net profit.
It is your affection, not anything else that elevated …….Oh! You are so kind to consider me a flower in the garden. Very sweet of you. I shall be ever n ever grateful to you all for all your kindhearted words. God blesses you all with all the best. Thank you
243. Adp| Link| Bookmark|
October 31, 2021 12:48:18 AM
Top Contributor (400+ Posts, 100+ Likes)
I have minor account in hdfc bank and demat with JM financial. How can I apply for ipo. Bank says the don''t allow upi I''d for minor.
242.1. lokes| Link| Bookmark|
October 31, 2021 12:23:36 AM
IPO Guru (4400+ Posts, 5100+ Likes)
ya you cant apply from hdfc bank for minor. But you can apply for minor from any other bank which supports multiple applications if you have ( eg: axis, SBI, yes bank, RBL bank, indusind bank, PNB etc )
241.2. jstm| Link| Bookmark|
October 28, 2021 10:02:15 PM
IPO Guru (1300+ Posts, 3200+ Likes)
1. Nykaa 2. Sigachi 3. Policy Bazaar 4. Fino
241.3. lokes| Link| Bookmark|
October 28, 2021 10:05:36 PM
IPO Guru (4400+ Posts, 5100+ Likes)
if limited funds, to apply in retail, then definitely you need to consider policy bazaar over sigachi as per subscription and allotment chances and listing gains etc. No need to block money in sigachi where very less chances of allotment, better apply in PB. if funds are enough then apply in all these three.
Thank you. I am applying with limited funds only. So I was also in doubt for sigachi or PB. Nykaa I''m planning to hold for long term, guess it will be the right thing to do? What should be my strategy for PB if I apply?
241.5. lokes| Link| Bookmark|
October 30, 2021 8:27:53 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ameture: in PB, either book profit on second or third day of listing in PB, as per secondary market conditions, or else keep holding for long term means more than a year.....
I am new in the Share Market. I had applied for a few IPOs as retail investor and got allotment for 1 lot each in Zomato (up by 85%), Devyani (up by 37%), Glenmark Life Sciences (down by 13%) and Aditya Birla Sun Life AMC (down by 7%) from the listing prices. So overall, my net P&L is +26%. I am thinking about selling Zomato & Devyani and holding GLS & ABSLAMC for long. Please advise.
This was my baby steps and I plan to invest small amounts every month. Not thinking about SIPs or MFs as I want to choose my own shares. Also, I want to avoid certain industries like Banking, Insurance, etc due to personal reasons even though the returns are high.
I wish to invest 10L in Nykaa IPO. Please advise.
I am using Zerodha Kite App and I have SBI Internet Banking. Please explain how to apply as HNI.
@INDIAWAY Thank you for your reply. I know that. But how to apply for more than 2L (to be considered as HNI application). As I mentioned earlier, I had applied as retail investor only, that too for 1 lot each through Zerodha. There is no option in Zerodha for the same.
I know it can be done through Internet Banking only. But I don''t know how to do that. Please advise if you know.
238.3. lokes| Link| Bookmark|
October 22, 2021 12:12:04 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arif: you need to register first (add ipo applicant) from profile section in SBI, if not already done. then you need to apply from eservices tab then "demat service and asba" option, then choose ipo (equity/rights ) then apply for the ipo. For hni, you need to choose individual category then dont click on cut off and choose number of shares as per your amount in first bid and proceed
Zomato and Devyani are almost stable and sometimes goes down by little and sometimes go up to the previous level. So, I thought I could sell them in the dip and buy later.
As like everyone else, I don''t like negative returns and I had rather hold them for long than sell in loss. In the long term, they should definitely go up unless they are fundamentally weak. GLS is a Pharma stock and ABSLAMC is a financial sector stock (not related to Banking sector, which I want to avoid due to personal reasons). So fundamentally both are good stocks even though they are not doing well for now. Please correct me if I am wrong.
I have been reading the members messages in this forum for the last few days and I must say it was very informative 👍
Now as someone said, I think I have found my playground in the Share Market. Everyone invests in Share Market to make money, either in a few minutes or in a day or in years. I think I am not cut out for intraday trading as I am a very cautious person when it comes to investing money and impatient for staying invested like every other small time retail investor to be a long-term investor. So, if I can make money by investing in IPOs, then why not?
As I mentioned earlier, Zomato was my first investment (I know that I am too late to the Share Market, but hey at least I have reached here). The IPO allotment price was 76rs, listing price 116rs (if I remember correctly). So, a profit of 40rs/share on listing coming to around 52.63% increase. But the price went upto 146rs within a week, so a profit of 70rs/share coming to around 92% increase. Similar case with Devyani also. But in the cases of GLS & ABSLAMC, the listing prices were positive and then they are trading in negative and still have not reached even the allotment price.
So, my query is whether you all sell your full allotted stocks on the listing day itself (at once or in batches) or over a period of few days (within 2 days, 5 days, a week, etc).
Also, I am thinking of investing 5L in Nykaa and 5L in Sigachi now. Because if allotted in Sigachi, there is a high chance, like in Paras Defence, to be a multibagger within a short time (a week) as the price is too low (targetted by retail investors). But if you are selling everything on the listing day, this doesn''t mean anything to you. Experts opinion please. Please help out a newbie 🙏
Will use the money from Nykaa for Sapphire (not looking for Paytm)
@Arif I need to clarify first i am not an expert. I do a bit of everything (intraday / short term / long-term ). Coming to the ipo if it''s a fundamentally good stock then i hold it for long term. I even buy from secondary market to increase my holding level in the stock. Some of the stocks from ipo can become long term wealth multiplier. So I do not want to miss out on that for a even 100% gain. Choose wisely when applying ipo and if the valuation are justified and there is growth prospectus you can very well hold for ling term.
238.11. lokes| Link| Bookmark|
October 30, 2021 1:28:50 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arif: just want to tell you one thing from your last line that from your nykaa funds, definitely go for Paytm instead of sapphire, surely Paytm will give more listing gains than sapphire, if you don''t trust this now then you will see this yourself later.
@Rajeev Kk Very good information, which I was also planning to do initially. That''s why I didn''t let go any of my allocated stocks in IPO so far, even though 2 of them are in huge loss. I planned to hold GLS & ABSLAMC for long-term anyway, but not sure about the future prospects of Zomato & Devyani.
@lokes Thank you for your reply. As I said earlier, I want to avoid certain industries like Banking, Insurance, etc due to personal reasons only. Moreover, in my opinion due to the huge size of Paytm IPO (more chances of allotment & hence low GMP? Correct me if I am wrong) and chances of Sapphire following Devyani''s IPO story (low price, in demand), maybe just maybe Sapphire listing gains will be better than Paytm. It''s my intuition, but I am just a newbie here and you all are the experts here, so most probably you will be proved right. Its not that I don''t trust your or other expert''s opinion, but I am avoiding it due to personal reasons, as mentioned earlier.
238.13. lokes| Link| Bookmark|
October 30, 2021 8:23:52 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arif: ya Paytm size is huge but a lot will go in anchor investment from that and demand will be huge in retail and there will be a good subscription like Zomato and listing gains will also be upto 50% or more in Paytm on day1 ( means after listing on day1). Devyani after listing at 140.9 couldn''t touch that price till now and Zomato after listing is above it''s listing price till now and went upto 90% gains even after having big size and average subscription in HNI. Let''s see more, by that 8th 9th nov week sentiments, as of now, am sure Paytm will give more returns than sapphire.
237. Kishore S| Link| Bookmark|
October 29, 2021 11:49:03 PM
Top Contributor (200+ Posts, 100+ Likes)
It looks like those who save funds for other IPOs after this one will get better chance of allotment and profits. Don''t just go by GMP as it can be manipulated easily.
GMP ke bina ek bhi ipo koi nahi bharega.... aur uske bina loss hi loss hoga... 95 ipo me gmp se hi kamai hoti he aur 5 ipo me loss 12 ipo ka hota he to 83 ipo ka chokhaa naffaa....
237.2. Kishore S| Link| Bookmark|
October 30, 2021 12:26:36 AM
Top Contributor (200+ Posts, 100+ Likes)
I am talking about artificial GMPs created now a days
237.3. dpcdsl| Link| Bookmark|
October 30, 2021 6:54:55 PM
Top Contributor (400+ Posts, 200+ Likes)
The manipulated and fictitious GMP is a concerned, no doubt but it gives some guidance. Every Company and their LBRM can use this tactics but some may not be able to do so, currently Fino Bank, no GMP yet even after bidding started.
But GMP is no guarantee of gain. In IPO of SBI Card, forms were sold at 4,000/- and on listing loss of 2,000/- also, operators got hit of 6,000/- on allotted forms and 4,000/- on allotted forms.
237.4. Kishore S| Link| Bookmark|
October 30, 2021 8:23:50 PM
Top Contributor (200+ Posts, 100+ Likes)
Yes. We have to treat GMP as only one of many other parameters to evaluate a stock
*Anyone suggest how to apply HNI through AXIS or city or Idfc first BANK. I have only these banks accounts only. Pls suggest
236.1. lokes| Link| Bookmark|
October 30, 2021 8:17:28 PM
IPO Guru (4400+ Posts, 5100+ Likes)
It''s Same like retail, just choose shares more than 2 lakh value.
For eg: in idfc first bank, go to ipo asba section from my investment in mobile app, then choose ipo to apply then choose individuals options from investor category then remove cut off tick, and enter shares in multiple of 12 and highest price (1125) in first bid and proceed.
I have two different demat accounts with different PAN cards but linked with same bank account. Can I apply using both through ASBA or will they get rejected?