Precision Metaliks Limited IPO Message Board (Page 7)

Sorry you alredy explained.

Thanks.

Just want to know how we will know?

https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1211&c=491472&ap=0

@avenue: Sorry by mistake only link got posted, i was typing.
I was saying that yes market is bleeding and suddenly all ipos (mainboard and sme's) also started falling a lot so its better not to take risk here if HNI don't crosses 10X as i posted my view here. I may apply here to get 1 lot even if HNI crosses 5X but others can take risk only as per their capacity and conviction.
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1211&c=491472&ap=0

@Lokes... 100% agree.
I also will target for 1 lot if subscription is too poor and FF otherwise.

However at a few occasions I wrongly estimated number of lots to apply for getting just 1 lot in low subscribed IPOs, as many times HNI sub figures have doubled and even tripled between 3 and 4 pm.

I hope subscription figures are good enough to save me from that delima and I can apply FF.

wishing it go more than 15x...
as of now it seems only 10x will hit...

experts please help,

i read that SME shares is dealt in lot wise,
so suppose if i apply 15x and HNI is 10x than how many shares i will get, 1 lot?, 2 lot?, 1.5 lot?

@bhav 1 lot

@bhav: you will get 1 lot or 2 lot, based on other applicants and lottery.

Thanks lokes.

I played a gamble this time on budget.. as its listing is one day after budget.. If market admire the budget than it will surely gonna b healthy listing.. otherwise may b negative one.
Applied 8 and I6 lot from both ac.

@Noorul... calculated risk I feel,
Best wishes to you...

Couldn't apply in HNI because of urgent office meetings. But thanks to edelweiss , applied 4 retail upi later.
The subscription is not bad considering bleeding market and IPO opening just after budget day.

wishing good luck to all for allotment and for good opening post budget.

@Noorul - Sorry to disagree Noorul, but i think budget will have zero to little impact on listing and overall market sentiment.
Current sentiment in due to the fed(and subsequently RBI) interest cycle change(and may be many other things). Now interest rate will start increasing. Growth of companies/economy will be limited and inflation would fall. First fed policy meeting will be on 25/26 jan. Based on that market will react. If Fed doesn't increase rates, market will cheer for sometime(2-3 months till next policy meeting). And surely you will get good listing gains. But if fed increase rates then no chance of listing gain, even if budget is good.
So u took a gamble surely, but not on budget. You took gamble on Fed.

And as an overall opinion, as interest rate cycle is changing(THIS IS A BIG EVENT), we will not see 30-40% per year market gains, as we have seen in past 5 years. For 1-1.5 year of interest increase, market will be mostly flat. This will also impact number of IPOs happening and there listing gains.

@sniperraja how can one apply for sme ipo when there is a upper limit on upi transactions? or they are allowed for this alone?? i thought sme can be only applied through asba.

@deepblue.. I read from @lokes@avenue on this ipo forum page that upi transaction limit even increased to 4 lakh . Since retail appl size is restricted to max 2 lakh, you can still apply 1 lot application through upi which is of around 1-1.4lakh in sme ipos. If upi limit is increased to 4 lakh, then ideally hni application of 4 lakh size should also be accepted. May be lokes or avenue can enlighten more on hni through upi.

@ duccky.. thanks for your valuable input buddy.. and what i feel market already correct a lot in fear only.. and fed won't change the interest rates.. as it most of times did.
Budget will surely impact market in both ways ..
Negative or positive..
One of the reason of market correction is fear of budget.. because most of times Nda govt budget is not market friendly.. so people r booking profit in advance..
If there is some good news for metal sector or any benifit in short term or long term taxes.. than it will surely give boost to this ipo listing..
And any bad news will make the situation tough.

@deepblue @snipperraj.... I have been able to apply only one lot retail application of 102000/- using UPI mandate in Zerodha.
No official confirmation seen so far for increase in UPI limit and Zerodha definitely not accepting UPI applications above 200000/-