Protean eGov Technologies Limited IPO Message Board (Page 12)

The question is How do banks earn by facilitating ASBA applications? Lets talk about both the legit and probaly not so legit manner.

Technically nothing
It's coming under banking services like clearing ,NEFT ,rtgs etc

Banks get some commission from merchant bankers of IPO depending how much applications they processed.

Allotment aaj hai?

​@Palka 
Yes
You can see tommorow morning
Best wishes...

kab he iska allotment guys

Post midnight bhai....technically tomorrow 😃

What is the exact subscription in terms of no of applications in retail ? Kindly suggest.

Didn't applied here...not convinced with company business due to governance related, little expensive valuations and full OFs etc...in my view it's better to book listing gains here instead of holding for longer....good for steady dividend income if someone wants to keep...

​@Rakcyt Good decision by you...
Seeing the strong upmove today, looks like some funds buying was done in it. Let's see if upmove can sustain and carry forward in short term or not...ideally it should sustain and soon should cross 900...

Thanks Lokes.. let's hope so with crossed fingers 🤞

its hard to get
btw allotment kab he sir ji

Hello everyone,
I am kind of a new member , just have one question . How can we sale the allotted application in grey market and how does it work ?
And what’s your opinion on negative listing ?? According to all of you make a guess that do you think it will be a negative listing and if yes how much (in % ) .
First time went for bhni ( so a bit curious)
Thanks

Grey market works on trust, very hard to for a new member to sell in grey. So instead look for local brokers, they can help you deal in grey.
See since this is your first time in bhni you shld be able to handle 2lk worth of shares, be it in profit/loss. Nobody can predict negative listing, its the sentiment that plays on that day. For this issue, idts it will open in red. And if you are worried about listing,then you are short term player, you need to hit sell in pre open, no more questions.
But if you trust the company then listing variations shldnt matter for you.
Happy investing.
Ps- I dont deal in grey, and havent applied here since funds were short because of cello.

Very mch similar subscription figures like IRM 😱😱 . GOD KNOWS what is waiting for the investors. IRM ka ghaw sukha nehi abhi tak.
কিযে হবে,

Aisa nahi hota boss! Subscription ke sath IPO kabhi compare nahi hote. Both business are completely different, hope for great listing!

Moreover, IRM listed on arguably the day with the worst opening mood in October. Listing day market mood can matter in dicey IPOs, and such stocks may take longer time to chart a new trajectory.

Applied 5 retail application. In that 1 is third party. (Just to get idea about third party still going or not )

​@VINAYERH What is thinking to apply 5 lot in Retail when Retail subscribed almost 9x? Only 1 lot can be allotted if lucky & chances are also same for 1 lot & 5 lot

What’s the current gmp ??
Thanks in advance

80
Last updated with very low volume

Thanks

Those who are applying, react here.
👍

Applied in retail only. x5 applications.

Retail 5 Lot

*PROTEAN eGOV*

Approx break up applications : @5.00pm
As per NSE average

HNI above 10L - 14,819(6.62x)

HNI 2-10L ~30,613(27.36x)

Retails - ~8,45,093(7.19x)

Applied 3 Retail👍

Applied 3 retail

Listing will be above 900.

​@Elon Maast bhai blue jet ka result accha ayega, aur price 10% upar band hoga...

ab to answer milgaya na, pls pls dont spam

​@k l patel 🤣🤣

Protean eGov Technologies IPO,
10 Retail apps

Protean eGov Technologies IPO,
4 Retail allotments here

ESAF SFB garnered total subscription of 25000 cr rupees plus with tremendous support from all categories. Will Protean follow suit?

QIB subscription at 46.94 times
In Gross , 4506.24 cr

As Per expectations and estimates

Dear @newgen consultancy  Great, almost expectations and estimates here in Protean. Good Predictions..

but ESAF was EASF.
it was subscribed more than double of your expectations and estimates..... :)

Why all recent IPO register is Link Intime India Private Ltd instead of Kfintech? Any idea, any cycle is mandate by SEBI?

bHNI application wise oversubscription - 6x (approx..)

Applied FF - 2 bHNI
Money blocked in ESAF

0/2 bHNI

Between ESAF and Protean
Total investment 1.2 Cr+, with zero allotment.

Amount wise QiBees🐝 subscription - Rs. 4,491 crore.

Just a decent response, but on listing day, it will turn upside down⤵️ if market conditions are tepid🍃.