irfc is much much better company. it is having risk free n excellent business model. anchor book was excellent... but still struggling to cross ipo price. railtel given at rich valuation, poor anchor book, price at 94 instead of 80. still u r expecting 20 percent listing gain. yes listing gain of 20% is possible but for that hni subscription must cross 150x which looks difficult. retail must wait till 3 pm tomorrow see hni subscription n then apply upi option is also good as it also gives us option n time to apply
IRFC was a big issue of 4600 Cr whereas this issue is 820 cr. It''s size is one fifth of IRFC. IRFC is a very good share but market don''t have appetite for huge issue like IRFC.
Railtel is a mixture of different telecom business and it''s business model is unique.
Railtel anchor placement was not at all bad too.
Always remember, small size issue gives you better listing gain compared to large size issue
282.3. Kishore S| Link| Bookmark|
February 18, 2021 9:48:07 AM
Top Contributor (200+ Posts, 100+ Likes)
first time apply using UPI id of PHONE PE (mandate received and approved) NOW NSE site bid application status as below Block Amount for UPI Bids - 14570 UPI status for UPI Bids - Block Request accepted by Client Payment successful
Investor is already registered. Please select another IPO to proceed. i am facing this issue in BOB, anyone facing this issues? money is not block and i can see no ipo applied in Apply IPO tab
If some issue is oversubscribed and CASE-1: I apply for 1 lot, vs. CASE-2: I apply for 10 lots (from single account in both cases), does second case give me a better chance of allotment? Mostly I have seen replies here which say apply for only one lot in Retail category if share is oversubscribed as there will be similar chance of allotment in both cases. Is there any source/reference for same? Thanks
271.1. BubbleBoy| Link| Bookmark|
February 18, 2021 12:57:38 PM
Top Contributor (400+ Posts, 100+ Likes)
Apply 1 lot only in case of oversubscription.
271.2. Brownsugar| Link| Bookmark|
February 18, 2021 12:57:44 PM
IPO Guru (3100+ Posts, 2800+ Likes)
Any issue that''s over subscribed in Retail category need to applied with only 1 lot from 1 demat account . To increase your chances for allotment in retail oversubscription ,use demat account from family and friends. To apply for such multiple accounts hassle free Use ASBA net banking facility like SBI net banking which allows 5 demat applications per IPO from 1 bank account. Happy to help.
271.3. Mr. Singh| Link| Bookmark|
February 18, 2021 12:58:28 PM
IPO Mentor (700+ Posts, 500+ Likes)
1. No. Both give same chance. 2. Refer RHP for reference of same.
Why such a huge over subscription is expected under NII category. IRFC ipo was over subscribed only 2.7 times under NII category. RailTel is also a PSU belonging to Railways.
NII will always over subscribe if good IPO because, if IPO is subscribed 100 times in NII category, investors who applied for 100 shares will get 1 share. but RII will get a lot based on random allocation.
Help needed... I got mandate request in BHIM app, it failed in approval. But balance is deducted from account. Can someone help? Will i get refund in my UBI account? Or i need to follow up with someone?
Seeing a good ipo with some normal figures after so long time. Otherwise after corona retailers are running for IPOs like these are for free. Some good singles of subscription getting to pre covid figures for a decent ipo.