Experts what is the expected final HNI subscription in this? Just wondering where to put the additional 39 lakhs? Pentagon or 1more BHNI in Ideaforge and Cyient ?
@Bullrunner Not sure about the subscription in pentagon. I can apply for about 27 lots in pentagon. If subscription is more 27 lots will not guarantee allotment.
Applying BHNI in cyient will also increase chances as I will have 4 BHNI then.
34.3. Bullrunner| Link| Bookmark|
June 28, 2023 9:06:23 PM
Top Contributor (500+ Posts, 200+ Likes)
@IPO APPLIER As per my thinking hni subscription in Pentagon will not Cross 50×. If you are only 1 applicant in 27 lot. You will definitely get 1 lot. Because it is more than 50% off total subscription.
can some expert please explain what does Proportionate allocation mean? How does this process work? It would be good if you provide some examples as well. Thanks in advance
33.1. MVP| Link| Bookmark|
June 28, 2023 4:19:26 PM
IPO Guru (1500+ Posts, 1100+ Likes)
Study BOA document of any past IPO you will get the idea. For example, here is BoA of Infollion
33.2. antarix| Link| Bookmark|
June 28, 2023 5:26:18 PM
IPO Guru (1200+ Posts, 800+ Likes)
Assuming that IPO is subscribed 12 times in HNI category. Now if you apply 24 lots, you will get 2 confirmed lots. But if you apply 10 lots, you may get 1 lot in lottery. This is for SME IPOs.
Y this small size ipo opened for 5 days(including one holiday) and if it is open for so many days then y qib ha ls applied on first day?.. Retail public ko show krne ka game hai kya?