Please if anyone can solve my confusion regarding SHni allotment in Pyramid Technoplast IPO. My query is regarding BOA (Allotment done in SHni Category). My query is:
Total 12 persons applied for 27 lots each (2430 shares) i.e. total lots applied is 324 lots. Here, none of the applicant was allotted Minimum Shni lot i.e. 14 Lots.
Whereas 14 persons applied for 21 lots each (1890 shares) i.e. total lots applied is 294 lots. Here, 1 of the 14 applicant allotted 14 Lots.
Why there was no lottery for those 12 persons who has applied for 27 lots each?
I think All Would have Understood why This IPO was AVOID from My Part
I would Rather Recommend to buy This Stock at 10% discount From Here
This Bulk Packaging companies from all the Sectors will get Strong Financials in November Quarter So I would recommend to Accumulate the Packaging Companies based on Your Personal Likes/Dislikes
Can someone tell me how the allotment is done in Shni. I have seen BOA on chittorgarh. The persons who had applied in 1710, 1980, 2610 etc. shares category does not allotted a single share. Does lottery system not conducted Lot wise for every Lot? I am so confused right now.
Sir, I have read what u explained in ur comment dated 27th Aug but still I didn't get it. There were 5 Applicants in 1710 shares category, 10 Applicants in 1980 shares category & so on (check BOA) but none of the applicant allotted 1260 shares. Why?
350.3. Prince 🤴| Link| Bookmark|
September 1, 2023 11:19:33 PM
Top Contributor (500+ Posts, 200+ Likes)
Dear do not compare no.of shares ignore no.of shares it differs from IPO to IPO consider it on lots basis you can easily understand.
Sir, Sorry to bother u once again. I have also done calculation according to Lot Wise but still didn't get it. Here is my query:- Total 12 persons applied for 27 lots each i.e. total lots applied is 324 lots. Here, none of the applicant was allotted Minimum Shni lot i.e. 14 Lots. Whereas 14 persons applied for 21 lots each i.e. total lots applied is 294 lots. Here, 1 of the 14 applicant allotted 14 Lots.Why there was no lottery for those 12 persons who has applied for 27 lots each?
Can someone tell me how the allotment is done in Shni. I have seen BOA on chittorgarh. The persons who had applied in 1710, 1980, 2610 etc. shares category does not allotted a single share. Does lottery system not conducted Lot wise for every Lot?
but due to small market cap known DII or FII will not enter in this script
so it will take some time to absorb initial selling pressure
"apda me awsar" "negative might be positive "also means due to small market cap small group of investors (operator's in other language)might take this script to anywhere ..
company doing good business, financial ok...
note-this is my personal observations, no buying or selling suggestion....
Wise people will hold as there is nothing wrong with company and it will bounce back and people who did not get allotment can accumulate today or tomorrow.
Money deducted for Pyramid IPO.But message received from BSE that there is no allotment.when checked with allotment status no allotment.How do I get my refund.bank SBI.Whether to contact bank or register of the issue.please give advice
Pyramid listing will have impact on forthcoming IPO - Ratnaveer and Rishab . We have not seen only seller situation on IPO listing day. Its very strange.
342.1. Smile✍️| Link| Bookmark|
August 29, 2023 11:00:09 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@RealQueen Pyramid is a diffrent story, wont force any adverse effect Rishabh. It is not in demand like aero or vishnu; but for diff reasons. Comparing with Pyramid it is safe bid. You may true in Ratnveer
Hi all , got allotment of pyramid technology ipo and when I'm trying to sell , there are no buyers at all and I'm completely shocked . Suggestions pls , iam worried about my capital .
340.1. UjwalG| Link| Bookmark|
August 29, 2023 1:47:27 PM
IPO Guru (1300+ Posts, 600+ Likes)
You should always check risks before applying. It was a T group listing, thus UC/LC will continue for days. But i think you will get a chance to exit with minimal profits here. Since you are worried of your capital, small caps are not for you, you shld go for blue chips. Just my suggestion. Paisa agar hearbeat upar niche kare to uss paise ka kya phayda sirji
@UjwalG Nice Suggestion, Paisa wahi invest karna chahiye jo aapko tension na den.. share market works on greater fool theory. Waise bhi LC was expected in this IPO as retail was 50% .
SIRJI ALL WHO WANTED TO EXIT TODAY ARE STUCK OUR MORE EXPERIENCED SENIORS WARNED US THAT RETAIL 50% AND HNI 20% WILL CREATE PROBLEMS WHEN MOSTOF THEM COME TO SELL AND BOOK PROFIT ON LISTING. BUT WE DID NOT PAY ATTENTION TO THEIR ADVICE I HAVE 1260 SHARES 760 SOLD AT BSE AT 175.75 AND BALANCE I WILL SELL TOMORROW AND END UP HOPEFULLY WITH LITTLE PROFIT BUT NO LOSS. I AM NOT A LONG TERM INVESTOR
@Vinay kumar sap Put AMO order today asap @5%LC of todays LTP ( Zerodha allows AMO sell orders @5pm) so that you will have greater chance of selling your shares tomorrow.
@Vinay kumar sap As of Now, simply apply to sell daily in preopen.
From next time, to avoid this type of situation, if you are not long time investor, simply follow a rule to sell all the holdings in preopen. And always satisfy with the preopen price. Don't be greedy for some more 5/10/20%. I always book my complete position in preopen, whether it gives -ve / + ve return. "जो प्राप्त है वही पर्याप्त है"
340.8. Ankur Goel| Link| Bookmark|
August 29, 2023 6:34:04 PM
IPO Guru (1300+ Posts, 600+ Likes)
Place AMO order if you are using zerodha and wait for trade opens. If you are lucky enough, your order will be executed.
One should not worry 10-20% here and there if wishes to enter into capital market.
@Heritage Wale Bhai Maine bhi apko bata diya tha ki main to 9.45 ka show dekhke hi nikal jata hu..😁 Agar koi Gadar jaisi block buster ho to apan dekh lete hai 10 baje ka show..
336.6. Imhilli| Link| Bookmark|
September 3, 2023 4:16:29 PM
IPO Guru (1200+ Posts, 700+ Likes)
@Gulsan It's really tricky. The people who has close contact with grey market brokers can have better prediction capability. But there is no definite rules. All are mostly based on intuition, market sentiment and previous track record etc. Here QIB was less, which was not a good signal. I feel, it should bottom out in a day or two.