Anyone know about big hni application above 10 lakh if it is over subscribe then person allotted 2 lakh ammount share . What is the process of that anyone have Idea. Please reply
23.1. SamJos| Link| Bookmark|
October 12, 2022 11:07:16 AM
Top Contributor (500+ Posts, 100+ Likes)
Shni or bhni if alloted will be given 2lakh+ worth shares (14 lots). Of 15% hni quota, 10% reserved for bhni & 5% for shni. So if any category oversubscribed, allotment will be by lottery within their own sub-category.
In bhni, if alloted, minimum 10L worth shares will be alloted.
23.4. sashah| Link| Bookmark|
October 13, 2022 12:26:15 AM
Top Contributor (400+ Posts, 100+ Likes)
In SME IPO, their is no SHNI or BHNI..it is based on old system of proportionate allocation. If it is subscribe 100× and you apply for 100 lots than you will get confirmed 1 lot...
@ArvindRathi Rightly informed by@sashah..... This being fixed price SME IPO, the concept of small or big HNI is not applied here. The old system of propotional allotment depending on no of lots applied and times oversubscription will be applicable.
@AnjanKumar If you apply for 10 Lots, your application will be considered as a HNI application and will be put up for propotional allotment...But this issue is expected to be heavily oversubscribed and HNI portion is expected to be OS in hundreds. Suppose HNI portion is OS by 100 times, the an applicant of 10 lots will have 1:10 chances of getting an allotment that will be done through a lottery..... applicant of 20 lots.....2:10 or 1:5 and so on......On the other hand an applicant of 100 lots will get a confirmed allotment of 1 lot. an applicant of 200 lots will get confirmed 2 lots....and so on....
@badluck................Abe ZANDU kya nahi lagana hai ? Pada likha nahi hai, Mene kya likha hai samaj nahi aa raha. Ab samaj........as Interest rates are rising drastically around the world, its effect on balance sheet of companies will start show adverse effect from coming quarter and also demand will slow down. World market would not sustain at current level and I think that for another 3 years, Nifty will not go up more than 20,000 level. Which is maximum 6% rtn per annum and so Just keep your hard earned money in a very diversified portfolio will not give much return but in between market may crash also, as elections will come near. Therefore better stay away for new investment in stock market other than to be very stock specific. All mid cap/small cap can be very dangerous, if fall comes. There is not much probability of growth other than DEBT free companies and whose business won't dent with slowdown. W/in next year you will be hearing more bad news abt small countries collapsing due to no forex reserves left like Sri Lanka. So overall fundamentals are changing to be getting worst in 2023/24. If fixed deposits start give 7.5% return than share market will not give you more than that in coming 3 years with a risk of fall down.
The best way to invest is SIP only and debt free top 10 stocks in each segment (Large / Mid / Small).
I have sold all my holding for stock market this month, which is more than 10 crores and now moving to SIP method. I know my predictions are 99% right. Therefore LIGHT your positions, as Indian stock markets are not cheap / not expensive Valuation wise but compare to other world markets, its expensive and t/4 no new liquidity will come to stock market until next election.
FII and big investors are selling/lighting there positions with every high, so you are seeing technical bounces but market not sustaining at higher level, as there is no support buying. Once they light their position than market will crash like anything with whatever EXCUSE but big excuse will be earnings and slowdown, worldwide.
Currency will fall further, so only export oriented debt free companies and which business won't dent, will do good, such as Chemical stocks but there valuations are already stretched, so only QIB route is good for investment.
Learn from "CRYPTO", same will happen in "EQUITY" soon.
Top 10 companies for SAFE investments are (for myself) not recommending to others
RELIANCE ITC ICICI BANK CAMS MINDTREE VARDHMAN TEXTILE DEEPAK NITRITE MANALI PETROCHEM VATECH WABAG _____________________________________________________________________________________ PHANTOM X
I dont understand this business and I dont believe in this balance sheet figures, so I won't apply more than RETAIL and will sell immediately on listing. As premium they are charging is very much unreasonable. I won't invest for long term at such valuation. I believe that correct price of this stock should not be more than 30~40, so its not a good investment for me.
This firm is involved in digital effects, however, their own website looks so poor and pathetic. Financials also look shady. Will apply only if the subscription is > 20x and GMP is > 30%
Agree that the website could have been better given the domain but it's not worse considering average Indian corporate websites. They have pretty good movies in their portfolio like Avengers, Bahubali, 2.0, RRR, Joker, 777 Charlie, Kaithi. I just wonder how much runtime they have contributed to these blockbuster lists.
19. abc xyz| Link| Bookmark|
October 8, 2022 8:30:38 PM
IPO Guru (1400+ Posts, 1400+ Likes)
How many members of this forum have still holds the Maruti Interior Which was issued @55/ and closed @ 205/ Still looking strong. If any comment on this
The movies and TV shows they claim they worked on are quite impressive. BUT, the company name is not seen in end credits of these movies! So, it appears they are sub-contractors to other companies (means low rates) and don't seem to have direct relationship with studios.
CONCORD ..........100% LISTING GAIN (SELL) INSOLATION ....... 60% LISTING GAIN (HOLD FOR LONG TERM) CARGOSOL ......... 50% LISTING GAIN (SELL) CARGOTRANS...... 50% LISTING GAIN (SELL) STEELMAN ........... 30% LISTING GAIN (HOLD FOR SHORT TERM) SILICON...................10% LISTING GAIN (HOLD FOR LONG TERM) ELECTRONICS MART 50% LISTING GAIN (HOLD FOR 2 QUARTERS) PHANTOM .......... APPLY WITH CAUTION. SELL ON LISTING. VARANIUM CLOUD .........(HOLD FOR LONG TERM) ANNAPURNA ................. (HOLD FOR LONG TERM)
What's so special in Varanium Cloud ? In Insolation , This segment is having Tough Competition now, So many Players are there, Every One is fancy about Power sector now and What about Viviana Power, Megaflex PLastic and Virtuso ?
Thinking of applying it, which other banks gives ASBA facility apart from SBI, I have demat account with Upstox, Please somebody give suggestions because SBI is too slow in response.
9. Liger| Link| Bookmark|
October 6, 2022 11:15:10 AM
Top Contributor (300+ Posts, 500+ Likes)
Financials looks like Window dressing for IPO.
8. Smile.| Link| Bookmark|
October 5, 2022 11:56:59 AM
IPO Guru (1800+ Posts, 1100+ Likes)
Words of DD sir, financials are dressed to launch ipo, price: not much left for investors. My words: listing will be at par, global market signaled bullish trend, if it continues then there will be profit of 20K. As now no competitor, so subscription will desent.
8.1. Smile.| Link| Bookmark|
October 11, 2022 4:05:40 PM
IPO Guru (1800+ Posts, 1100+ Likes)
No good mainline in competition and free funds from EMI are lodging here so expect great subscription, gmp also suggesting same.
Only apply if good GMP 50%+ and subscription figures are 30+. This very expensive issue and I don't understand this business and its sustainability. Not a regular business. I will only apply on last date after 2.3pm
What a Pre-IPO structuring... Rajasthan global securities has purchased 1000 shares @10 and after that company has given 899000 bonus shares, so as per ipo price arnd 8.5 cr amount shares given free to Rajasthan global securities.. Itna free to bhai bhai ko nhi deta.. Inko kyu Diya? Full adjustment in shares and profit.. QIB portion in ipo is only to lure and attract retail investors.