Just like retail. Lottery with min allotment of 2L, as per my understanding.
162.2. Imhilli| Link| Bookmark|
September 13, 2023 9:51:51 PM
IPO Guru (1200+ Posts, 700+ Likes)
RII, SHNI , BHNI all are through lottery in case of over subscription
161. Hrishikeh| Link| Bookmark|
September 13, 2023 8:23:29 PM
Top Contributor (500+ Posts, 100+ Likes)
will apply only 1 retail thru HDFC asba just to check if its really luck based and my applications are considered while allotment, because never got any allotment thru HDFC Asba applied 20+ issues
Anyone can shortout AXIS BANK IPO related issue, means any one can add ASBA Register.......???? if yes, then please guide, i am not able to Register my demat details....
No brother, only single holder. As per requirement I added DP NAME.....DP ID..... CLIENT ID .... PAN NO , INVESTOR NAME and MOBILE NO is displayed by default, after that I am not able to enter email ID and not click to PROCEED BUTTON due to that button is DISABLE for registration..... if possible please help
156.3. Earthking| Link| Bookmark|
September 14, 2023 7:30:42 AM
IPO Mentor (1100+ Posts, 400+ Likes)
It might be browser issue... Mostly u. Must have tried from mozilla... Try in chrome... I had similar issue in axis but works fine in chrome.... Try that...
156.4. Basuvr| Link| Bookmark|
September 14, 2023 7:50:07 AM
IPO Guru (1800+ Posts, 1000+ Likes)
Try it in incognito mode.
156.5. jigi| Link| Bookmark|
September 14, 2023 10:51:35 AM
Top Contributor (400+ Posts, 100+ Likes)
Register email id with the bank first that might resolve an issues
Jeet, first check if you have registered your email in the profile/account section, if not register it. Then try for ASBA registration. If still not able to do it, then change your browser.If all this fails contact customer care by phone (emails take a long time).
156.7. hbk| Link| Bookmark|
September 14, 2023 1:04:42 PM
Top Contributor (300+ Posts, 100+ Likes)
Just now re-registered ASBA details. And it went smoothly
Meri daughter ka MINOR demat account open hai par main IPO Apply nahi kar pa raha hu online NET BANKING say MINOR saving account say.
Kya app seniors mujhe suggest kar sakty ho ki kon sa bank MINOR account main INTERNET BANKING allow karta hai jo online FUND Transfer Facility NEFT, RTGS & IMPS deta hai
Aur sath main IPO Net Banking say hi apply ho jaye MINOR Saving account say.
Koi acha bank suggest kar do jo MINOR ACCOUNT main online Fund transfer facility aur IPO facility deta hu without any limitations
@Ankit agarwals I have recently open demet account for minor in HDFC bank. When I apply through net banking of HDFC, it display first application name by default and pan of my which can't change, not display pan of minor in form of IPO. Do you face same issue? Also there is no asba registration option in bank. when I apply for IPO directly form open and my information is coming as first application. Please advice me.
Are Bhai ek bar jakar unko bolo ki meri bache ka pan card h woh bache account me pan card add krengi aur aapka alag cust I'd alag se banugi uski merge kr dengi phir aapki Pan card minor ka show hoga
153. Silent lion| Link| Bookmark|
September 13, 2023 5:16:12 PM
Top Contributor (300+ Posts, 100+ Likes)
Kisi ko idea h axis bank me joint holder ka netbanking ya customer id milta h ya nhi milta
150.1. UjwalG| Link| Bookmark|
September 13, 2023 3:04:49 PM
IPO Guru (1000+ Posts, 500+ Likes)
Everyone is rushing to list. This ipo's will suck off the liquidity from other scrips.
150.2. Safe Bet| Link| Bookmark|
September 13, 2023 4:38:34 PM
Top Contributor (500+ Posts, 100+ Likes)
Yes agree with you @UjwalG It is usually a BIG over valued offer that upsets a positive ipo trend. Let us hope for the best.
149. YBPK| Link| Bookmark|
September 13, 2023 4:21:02 PM
Top Contributor (200+ Posts, 600+ Likes)
Capacity utilization of cables and compounds manufacturing factories is 70 – 85%. For fans and lights making factories, it is around 18-80%. Very good cash flow for last 2 years and it continues in 1st Q of 23-24 YoY Q1 turnover increased 29% however receivables increased 17% while inventory decreased by 2%. EBITDA margin decreasing, from 9.2% in 20-21 to 8% in 21-22 to 6.4% in 22-23. For Q1FY24, trend seems to have reversed with EBITDA margin coming at 8% Company has vast distribution network of 21 warehouses across 17 states to ensure customer reach. Employee expenses have almost doubled from Rs 148 cr in 20-21 to Rs 300 cr (annualized) for 23-24. From 20-21 to 21-22, advertisement expenses have jumped from Rs 26 cr to 85 cr, freight & distribution expenses have jumped from Rs 49 cr to Rs 116 cr, Other income includes fair value gain on investment in mutual fund, of Rs 10 cr and forex gain of Rs 14 cr. Interest on borrowings are in range of 7.25% to 9%. Assuming borrowings of Rs 136 cr are repaid from IPO proceeds, PBT will increase by Rs 10 cr per annum considering average 8% interest rate Out of total receivables of Rs 627 cr as on 31-mar-23, Rs 36 cr is due over 1 year while Rs 6 cr is due between 6 months to 1 year. Shareholding of Vvidhi Mahhesh Kabra, MEW Electricals Limited, Mamta Ashok Loya, Ram Ratna Wires Limited, Monal Rajesh Kabra are shown as public holding whereas all of them are also disclosed as related parties to promoters and Directors. Exports as % of sales has remained @ 27% for Q1FY24, same in Q1FY23 Cash rich company with mutual fund investments of Rs 279 cr and cash and bank balances of Rs 15 cr. Company has accumulated GST credit of Rs 55 cr, under litigation which it estimates will be decided in its favour. India Ratings has assigned IND AA- (stable) rating in Dec-22. It is the 4th highest rating, highest being IND AAA Decent anchor book, Prashant Jain (ex HDFC AMC), Jagdish Master and Dharamshi family (Valuequest / Kalpraj Dharamshi/Ravi Dharamshi) are invested in the company. Large OFS size. Post IPO promoter stake will still be high @ 62.77%
149.1. Jetha Lal| Link| Bookmark|
September 13, 2023 4:38:02 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Wonderful presentation of key figures but valuation missing. EBITDA improved bit because key commodity prices i.e Copper & Aluminium cooled down and you can verify with margin of peers as well. EBITDA margin of peers Q1FY24. Polycab: 14% Finolex: 12% KEI : 10%(It's margin is low because it does a lot of B2B business where margin is comparatively lower. Retail ~ 44%, Institutional ~ 46%, Export ~10% ).
148.1. G profit| Link| Bookmark|
September 13, 2023 4:34:25 PM
IPO Mentor (1000+ Posts, 300+ Likes)
Ofcourse, you can, in the bhni category
147. Sachin Sarda| Link| Bookmark|
September 13, 2023 2:39:32 PM
Top Contributor (200+ Posts, 100+ Likes)
Will list in discount ipo party is over
147.1. Gingal| Link| Bookmark|
September 13, 2023 3:20:25 PM
Top Contributor (200+ Posts, 100+ Likes)
When majority people think negative and do trading activity accordingly Then Mogambo Operator gets happy to surprise them.. It happened so many times in past. Let's wait this time.