16. Esparando| Link| Bookmark|
April 2, 2024 6:44:28 PM
Top Contributor (500+ Posts, 100+ Likes)
In HNI, applying using multiple bids (with same price for every bid but different lot sizes for each bid) - May I know how this would be considered during allotment process ?
Would the application be part of lottery/allotment process for each lot (since 3 bids with different lots are applied) ?
16.1. MuStrFc| Link| Bookmark|
April 2, 2024 8:21:33 PM
IPO Guru (1800+ Posts, 1000+ Likes)
@Esparando Even if you do that, the amount for the application will be considered which is the highest among 3 bids. And this selected bid will then treated for allotment / lottery.
Any chance of allotment for person applying 125 plus lots
12.1. MuStrFc| Link| Bookmark|
April 2, 2024 4:48:53 PM
IPO Guru (1800+ Posts, 1000+ Likes)
@Arun Jindal Your lot category if has enough applicants for more than 50% of total subscription, i.e. around 150 then only its possible to get allotment, otherwise there is a possibility to miss out getting in the lottery altogether.
11. IPONEED| Link| Bookmark|
April 2, 2024 3:36:23 PM
IPO Guru (2100+ Posts, 1100+ Likes)
ANY ONE HOLD GREENCHEF APPLIANCES LIMITED YET OR WANT TO BUY ALSO CELL POINT
The issue is going to close within a few hours. Many members and investors are looking into subscription figures for final decision. At this time I want to share my views. A small size issue with good subscription figures. GMP good at present. Stable and same from last 8 days. Neither going up or going down. Strange. Business model total different. Some positive points. Now some negative points. The main concern is equity holding. At very low end. About 41% post this issue. Definitely a concern. Some big customers. Is it enough for the business ? Not a big business model. Financials, in my opinion, so, so. No doubt borrowings are manageable. No pre payment of any borrowings. Listing likely at good level and if so any type of circuit is possible. Not likely to list below issue price, I think. Allotment difficult. Applying 2 in retail category. I know that allotment is not possible at all, for me. But taking a chance as finds are available with me. Don't follow blindly, me or others. Best of luck to all.
@MuStrFc They always 1 day delay to publish allotment after that 1 more days delay for fund un-block. Some of the bank not un block after 3-4 days also.
5.5. MuStrFc| Link| Bookmark|
April 1, 2024 10:18:24 PM
IPO Guru (1800+ Posts, 1000+ Likes)