🌟 *Grey Market Premium* 🔸Campus Activewear IPO Rs 45 - Rs 50 Per Share 🔸Rainbow IPO Nil 🔸LIC IPO Rs 30 - Rs 33 Per Share (GMP update is only for information. The actual listing price of IPO will be different)
Yday I asked my broker about allotment as I applied using UPI, received messages for application confirmation but due to some reason (say glitch), seems bid is not accepted.
Looks that was best possible outcome to take informed decision after listing would happen 👍
Best of luck who received allotment to book some profit from table. Monday would crucial to decide fate on Tuesday listing
By you having received more than 14 lots allotment in Big HNI, can we safely conclude that every Big HNI applicant will get a confirmed 14 lot allotment...
@Avenue, Yes for sure 👍(Big HNI will get 14 lots and more),
(p.s: I thought of getting more shares, but happy with the allotted)
Thanks
281.3. Ravu| Link| Bookmark|
May 6, 2022 11:48:02 AM
IPO Mentor (700+ Posts, 400+ Likes)
@MRavi,
Congrats.
I think retail is also 100% allocation. Only sHNI will end up in lottery
281.4. sdz| Link| Bookmark|
May 6, 2022 11:52:59 AM
IPO Guru (1200+ Posts, 500+ Likes)
Congrats MRavi. How come this less shares when overall HNI was 3.73x? I expected far higher allotment ratio for bHNI than 4.8x. Thought it’ll be 60-100% allotment 😜. So sHNI was drastically low subscribed
281.5. K.Atar| Link| Bookmark|
May 6, 2022 12:01:28 PM
IPO Guru (1000+ Posts, 700+ Likes)
@K.Atar, Sir, thanks, wish you all the best for allotment and listing.
@Ravu @sdz, Thanks. yes, I am surprised also, Big HNI applications are higher than expected. (hence after distribution of minimum lots, very small allocated for higher bids)
@ValueSeeker, it may list at par with the market condition. (being good Hospital stock, this will go really good in short to long term. Investors just ignore listing price, keep holding, what ever the economic cycle, well managed Hospitals will prosper)
(Disclosure: Those are my opinion, kindly review yourself or with experts before taking decision)
281.13. Ou Ai| Link| Bookmark|
May 6, 2022 12:40:04 PM
Top Contributor (300+ Posts, 300+ Likes)
Having seen his portfolio with so many discussions, one should have realised by now @MRavi is not an investor who sells in haste.😁 Do hold this stock longer unless one needs to sell for cash flow in next IPO application. These stocks over a period can generate wealth. Rainbow is going to be almost debt free and will gradually reward. However, there is no need to panic if opening is at a discount. Also note market conditions are not conducive to overrun and buy at discount too unless it is too steep. There are many more IPOs as well as secondary shares are in the offing. All shares will continue to offer opportunities.
(Many opportunities are there in secondary market as well. However, those new to secondary market, don't sell this hospital stock in panic, recommended to keep it for long term)
@Bhav, Same here. I am expecting @avenue, @lokes, and few others...to enlighten the forum within next few days after BOA
@Mandvl, @shanm, Thanks (I checked through Bank ASBA application status)
@ISHAN GODBOLE, Thanks, please refer #Ou Ai sir message #13
Hi! I got 4 out of 4 in sHNI meaning 14 x 4 lots = 56 Lots = 1512 shares. I biggest allotment in one company, thanks to new rules.
@MRavi... you should seriously consider opening family DMAT accounts. :)
So far I was confident to hold this stock for medium to long term, but seeing free and excessive allotment may have to rethink. I am keen to know experts view on this as I think everyone got what they applied for at least in retail and sHNI. Best Wishes...
Dear All, 2935 allotted out of 6858 shares (from 10 accounts) 4 Retail/3 SHNI/ 3 BHNI. My view- Hold for Long Term. All the best for listing
281.22. Safe Bet| Link| Bookmark|
May 6, 2022 1:17:47 PM
Top Contributor (500+ Posts, 100+ Likes)
Got 563 against 1863 applied.
Cant really comment without knowing the application nos is the two HNI categories... Exchanges definitely need to share the application numbers split in HNI during the issue. Else it is going to be just blind folded investment for the HNIs.
281.23. lokes| Link| Bookmark|
May 6, 2022 1:21:59 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Congrats @MRavi sir @avenue and others for allotment and all the best for positive listing. Yes as per current market situation, positive listing is only what we need ;) :) @avenue: you are getting lucky with new rules :) @sdz: with 3.7X total, it was not expected full allotment in BHNI, since first everyone to be allotted minimum 14 lots application wise then only remaining shares proportionate. @shanm: After minimum allotment of 14 lots in new rules, remaining shares will be divided in proportionate basis , as per share, not as per lot.
281.24. K.Atar| Link| Bookmark|
May 6, 2022 1:22:50 PM
IPO Guru (1000+ Posts, 700+ Likes)
Allotted 3/3 in retail application.. Happy allotment to me.. 💐🌹❤️🌹💐🎊❤️
281.25. Ou Ai| Link| Bookmark|
May 6, 2022 1:29:35 PM
Top Contributor (300+ Posts, 300+ Likes)
@Shanm As explained by Lokesh bhai above, since your application was greater than 14 lots, you got pro rata additional shares over 14 lots. Greater clarity will emerge once BoA is released.
@MRavi Sir, Congratulations Sir. After long series of non-allotment (0/4 Le Merite, Campus and many more) received 4 out of 4 (Rainbow). Fingers crossed. Looking forward to trouble you for rainbow as well :)
Will try to enter Le Merite & Campus on listing day.
Already credited in account! So it will list on Monday? Everyone seems hurried as more red awaiting market. Seems this time Nifty15k will be the support. Done for 6 month cannot recover any position.
Dear @Mravichandran @Noorul & @lokes @sdz @avenue and other members
Please note that I have been allotted 4 lots…should I keep it for long term (5-10 years) or sell 2 lots in a 2 months time after gaining some profits and keep 2 lots for long term
Kindly help and let me know your valuable comments
a) My bank didn't allow me to apply big application than quota reserved for HNI so It couldn't believe that for 24cr reservation, he applied nearly 100cr
b) Later on allotment, figure was not matching with his application of 8300 lots.
So anybody can believe that he is FENKU like "CHAIWALA" but later he showed his allotment details and so I apologized him.
If you give wrong data and ask me to belive, I can't believe and may be you can believe. I only can believe after I see proof.
Now I just pray God that our dear Anant don't dump stocks before it reach 100, actually this stock have potential to trade above 100 but if he dumbs than we r fkd up.
I think I will hold it for long time as current balance sheet is too strong and considering cotton demand / price / export - Inr will depreciate, so this stock will do extremely well. It can double in 1 year from now. I am talking about LEMERITE
@Lokes, @Avenue, @K.Atar, @snipperRaj, @ultrasnow, @AhireR, @Kundan Mishra, @ Avadhesh, @Shanm, @AAA JAI, @ Safe Bet, @Ou Ai Sir and many others...
Congrats for the allotments 👏👏👏and good luck for decent listing (My personal opinion, soon market stabilizes, QIB or MF will buy this along with unallotted NII's like me. For those going to hold, this will reap rich rewards for sure)
@PKC, Congrats for Rainbow.
With all respect, did you respond to the reputed member @lokes for his question in 'Lemerite' page # 261.28 ? if not please do (when you feel the rights to believe only after proof, others have the same)
Secondly, we cant ask any one to hold & not to sell until 100 or so. And Market will take care of any pressure (ex: Nomura and many others sold @125 at pre-open of 'Veranda', I remember including @anantagg. Market can absorb those off loadings)
Finally, kindly mind your language in the forum or at least when you address me any message.
Thanks
281.40. DEVBULL| Link| Bookmark|
May 7, 2022 12:32:27 AM
IPO Mentor (600+ Posts, 200+ Likes)
1. Applied SHNI/15 lots /405 shares/1 application ---> Allotted 382 shares [i.e. {(minimum 14 lots x 27 shares) + proportionate 4 shares}] 2. Applied Retail/1 lot/27 shares/2 applications ---> Allotted 27 + 27 shares. It seems all most all have got allotment. Congratulation to everybody. The real test will be on the listing day. Let us pray for the good listing.
281.41. K.Atar| Link| Bookmark|
May 7, 2022 1:10:18 AM
IPO Guru (1000+ Posts, 700+ Likes)
Mravi Sir, Thanks for the wishes,, I am going to hold onto lots and not going to sold soon. This market selloff will be over one day and companies like these will reward.
**Its my personal opinion and others may differ and they have right to do so (in a decent way).
Sir,, what to you mean by "unallotted NII's like me" please dont make fun, it's not possible.
@K.Atar, I could have been clearer. What I meant there was, those NII's not received the quantities as applied / expected. (I was wrongly thinking to receive all applied lots). Thanks for correcting it.
Thanks
281.43. K.Atar| Link| Bookmark|
May 7, 2022 1:43:54 AM
IPO Guru (1000+ Posts, 700+ Likes)
Ahh, i get it now, your inner heart says that you should have been allotted in full. And you feel that companies like these can reward in long run so you wanted more share, and still wish to acquire more. Had i not wasted my money by putting 2 shni in campus (where i scored zero) i would have employed that money here in rainbow and could have got decent allotment. But sometimes luck has other plans. No one knows what's going to happen. Thanks for your time, (you are still up - that amuses me).
@MRavi sir and others who feel left out or short changed If the listing happens around current GMP, which is barely 2% above issue price, there can be another chance to add - whoever has the appetite! :-)
Allotted 9/9, looking at market conditions if, no or minimum listing gain then will hold for the medium to long term. yesterday Dow was not that much panic, hoping for gap-up opening on Monday.
Thank you.
279. Bullish| Link| Bookmark|
May 7, 2022 7:11:45 AM
IPO Mentor (900+ Posts, 600+ Likes)
I am suggesting if you have been allotted 2 or more then only sell 1 lot on listing gain and hold 1 for some time like KIMS may be atleast 3 months. Yaha bade bade beaten kar rahe he ki bahot sare lage hue ho aur hold karne ko bol rahe he sab se pehle wo hi log sell karne bhagege so apna dimag laga k apni sun na 🙏🙏🙏🙏 mkt condition sahi nhi he abhi mkt pura sentiment pe chalta he
278. Bullish| Link| Bookmark|
May 7, 2022 7:06:48 AM
IPO Mentor (900+ Posts, 600+ Likes)
Rainbow can give surprise listing but like I mentioned it will not go up soon it will take time however many of us will definitely sell looking current mkt scenario even with limited profit. Sab badi badi baate kar rahe he sirf isme se adhe se jyada listing pe nikal denge aur kuch log adhi quantity nikal denge 😃😊🙂😀😄😁 kisi ko abhi paise block ya fasana nhi he
I see GMP as 10 rs now and I know few of u would have been worried, however I have a feeling that it will have a decent opening and give 8-10% gains. Let's hope for d best and let's wait n watch.
@ Prasen IPO... congratulations for the full and firm allotment...i will hold one lot for long term.. will sell remaining 4 lots on listing day..@Krupa ji yes QIB participation is good and if Nifty goes up on Monday alongwith Campus good listing these will have good impact on Rainbow which will list on Tuesday.😊
@Krupa ji.. In LIC i will apply 5- 10 applications in retail after seeing final subscription on Monday..Will apply minimum five. And if QIB participation is good and market up on monday then i will apply 10 applications.. @Prasen IPO it should list with premium..in past we have seen many good IPOs listing with premium in Falling market.. Among four IPOs, i am only applying in LIC and Venus.. LIC half force and Venus full force.. in both IPOs pricing is attractive and less risk...I don't see any harm in applying in LIC when there is premium and also discount for retail investors.. LIC premium was only increasing before RBI decision regarding repo rate.. Market will hopefully recover next week and with recovering market GMP will also increase. About Venus, issue is small and pricing is good. Small issues performs well as history tells us. Not applying in Prudent because of valuation. Delhivery is worst among these four. Personally I have bad experience with their services. Their staffs and agent's are unprofessional. Valuation is very high. Blue dart which is already listed in exchange is far better than delhivery. It's a complete avoid for me. And i am not even looking at the GMP.
@Prasen Ipo it's very difficult to say in this turbulent time...but i am expecting 10- 12 times subscription in HNIs... About QIBs its very difficult to predict as you know how they surprised everyone in Campus..but i guess QIB will go to 15 -20 times...i may be wrong..
As per the Strong track record of growth, and operational and financial performance of the company we think list at a premium least 55 to 70 + of issue price.
@Team Chittorgarh The notification mails about replies to our messages give incorrect links. Clicking on the link should ideally take us to not only the relevant page, but also the specific post/thread if possible. It only takes us to Chittorgarh home page. I'm sure, this is not a huge ask to implement.
270. UjwalG| Link| Bookmark|
May 6, 2022 7:32:42 PM
IPO Guru (1300+ Posts, 600+ Likes)
Did anyone notice that the registrar be it linkintime or Kfin now sends allotment email on the same day of BOA. Earlier it used to come 2-3 days after. Probably due to some new rules from SEBI
My problem is just the opposite . Applied through upi and accepted mandate, but still did not receive allotment - I see a record not found error. This happened with 2 applications.
same with me, mandate was created successfully and bid was also submitted successfully as received confirmation both from bank and NSE, but kfintech showing no record found. I have sent email to them but no response yet.
267. sree vas| Link| Bookmark|
May 6, 2022 7:05:02 PM
Top Contributor (500+ Posts, 100+ Likes)
Either exit in loss (if can bear) or hold for infinite long term.
266.3. sdz| Link| Bookmark|
May 6, 2022 3:05:30 PM
IPO Guru (1200+ Posts, 500+ Likes)
May be we need to wait for 10rs to average with 5x of current holding and bring down breakeven to 25-30rs 😜🤷♂️
266.4. ipo stonks| Link| Bookmark|
May 6, 2022 6:44:32 PM
Top Contributor (300+ Posts, 200+ Likes)
@AV AV Last mile delivery will always be there. Either Zomato or Swiggy will do it or someone else will. Also there will be consolidation in this industry, all small players will be acquired by big players. And this is what is happening currently. I’m very bullish on Zomato. I have 15000 shares @76 per share. And I will add more if it dips till 45. My bet can be entirely wrong, but this is the chance I am willing to take.
Also, Let’s recap the E-commerce boom time There were so many e-commerce businesses only Flipkart and Amazon survived. Now recall the ride hailing time Many came but could not beat Uber and Ola Similarly I can see Zomato surviving.