Polycab India Limited IPO Message Board (Page 32)

Polycab India IPO

GMP 85 +/- 1
Kostak 900 - 925

Minor holding demat with bank account and pan endorsed can apply thru UPI
.

Yes, if you have UPI ID and PIN of minor saving account.

Better is if you have net banking of minor account prefer to apply from online ASBA from his net banking.

What will be allocation criteria for NIIs? If I apply for 5 Lacs, will I get proportionate to total suscription in NII?

As per experts this IPO subscription may go beyond 100x times in HNI

So to match this, you need at least 15lacs application under HNI

Its always better to try luck in RII category than HNI, if anyone have limited fund

HNIs are really big players, matching them its not easy especially in IPOs like this.

If HNI subscribed by 100 times . for getting one lot they need to invest Rs.1452600.00 . is it true ?

Like wise,
Pls check basis of allotment of HNI for HDFC AMC, you will get idea

For example HDFC AMC IPO was oversubscribed 195x* times in HNI
Lot size 13
HNI who applied 1377636 shares (105972 lots ) who got 7087 shares (544 lots)

105972 applied lots / 195 over subscription in times = 543* lots

I am not sure if any HNI applied below 195 lots, will he get at least 1 lot or not...

I cannot see Polycab IPO listed under can be applied IPOs in SBI->ASBA services. Following are the current active IPOs.
Company Name                                                IPO Open Date      IPO Close Date
SHRIRAM CITY UNION FINANCE LTD05042019            05-Apr-2019            03-May-2019
MUTHOOTTU MINI FINACIERS LIMITED18032019      18-Mar-2019            16-Apr-2019
KOSAMATTAM FINANCE LIMITED 29032019 KFL16      29-Mar-2019            26-Apr-2019

I see in this forum that some were able to apply through SBI. Is it really shown in SBI->ASBA services? If not, how can we apply from SBI?

Got it under ASBA->IPO equity. I was searching under IPO debt.

SEBI | Streamlining the Process of Public Issue of Equity Shares and convertibles- Extension of time lime for implementation of Phase I of Unified Payments Interface with Application Supported by Block Amount - https://www.sebi.gov.in/legal/circulars/apr-2019/streamlining-the-process-of-public-issue-of-equity-shares-and-convertibles-extension-of-time-lime-for-implementation-of-phase-i-of-unified-payments-interface-with-application-supported-by-block-amoun-_42597.html

SEBI has extended *Compulsory UPI* in IPOs till 30/6, so Investors can Apply Traditionally Through An *ASBA Application Forms* in Current OnGoing IPOs.

*But* below Fresh Rules should be Followed.

1) As per new guidelines *Third Party Bank Account* will not be valid

2) Every Investor has to Fund from *his own Bank Account*

3) In case of joint account only *First applicant can apply*

4) There could be a *single application per bank account*

DO we have any links describing this??

which category has more chances of allotment if applied - RII or NII?

Depends how many lacs you have

RII Lucky draw

HNI proportionate allotment, assumed that HNI oversubscribed 50 times, and if you have applied 100 lots then you will get 2 lots.

दोस्तों,,इस ipo में पैसा लगाना ठीक होगा ?

i Already Applied 5 lot With SBI ASBA , is it possible to Increase applied Lots through The same account.. ..

Cancel your applied application and again apply with more lots.
But this IPO is going to oversubscribed multiple times in RII So there is no point to apply more than one lot per application.

Sir ....In asba (sbi) retail and employee these two options are there .....How I apply as hni ? Plz

Put bid more than 250000 you automatically get into HNI zone

If you are employee apply for employee subscription or not you are entitled for Retailer.you falling whichever category and invest more than 2 lakhs your application(s) deemed be HNI category.

Polycab
Target exit price 700 -725

Arjun fake news deta he

GMPs

Polycab 90 Seller
Metro 40 Seller

Polycab India IPO

GMP 95 +/- 1
Kostak 800 - 825

.. Polycab India IPO - *Market Estimates of oversubscription*:

RII = 10L Forms = 3.11X Applic. wise (Avg allotment of ~8.7 shares per lot)
NII = 27K Crs. = ~135X

Interest cost @7%p.a. for 7days = 72.22paise for 1X

Thus, for NII the costing = 135 X 72.22 paise = Rs.98/- per share (GMP)

And, for RII the costing = 98/- X 8.7 = Rs. ~850/- (Kostak)

Polycab India IPO - *GMP Expected*
GMP 98/-
Kostak 850/-

Arjun mad hai...

Qib jo 2 time hui wo retail ko lutne kai hai...
Ave giyo retail loss karega so sell application and apply...metro prem 30 rs rakha tabhi retail nahi lagaya.... Poly prem 90 rakha so retail ko lottne k liya

Bacha Hai Tu Abhi
Kese Hoga 25x

PolyCab India

QIB : 25X
HNI : 100X


Marker Gyanis Expecting
Metro Will List 940 +- 10

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