Ratnaveer Precision Engineering Limited IPO Message Board (Page 13)

Those who are applying, react here.
👍

Maine to mazak mai "Happy allotments!" kaha tha, link intime walon ne seriously le liya.😂😅👏👏

👌😀😀

Ratnaveer Precision Engineering IPO,
Total 9 Retail apps

7 Retail apps ASBA Self
1 UPI app UPI Self
1 UPI app UPI 3rd Party

2 BHNI formality done

Ratnaveer Precision Engineering IPO,
0 allotment from all apps

@CB🤗,
What about you?

*Ratnaveer Precision Engineering Ltd*

Approx break up applications : @4.00pm
As per NSE average

HNI above 10L - ~18,939(23.62x)

HNI 2-10L ~54,575(136.10x)

Retails - ~19,34,323(49.23x)

*Ratnaveer Precision Engineering Ltd*

Approx break up applications : @3.00pm
As per NSE average

HNI above 10L - ~17,884(22.30x)

HNI 2-10L ~50,993(127.16x)

Retails - ~18,04,715(45.93x)

I am trying to understand how to calculate the final probability ratios so pls correct me if I'm incorrect:

Total BHNI as per the table on this forum is 130x and given that they will be allotted sHNI no of shares (if selected) then ballpark ratio for BHNI would be 26:1 (1 out of 26 applications will be selected)

Follow-up question on the above - if I would have made 26 BHNI application that would there be 100% chance of 1 getting selected?

Thanks in advance

​@Chirag Agrawal  Lets's say, BHNI applications sub = 22.3x (as per @SONMAYA )
and after technical rejections, it comes to 22x.
Theoretically, if you applied 22 BHNI applications, 1 application would be selected and alloted 14 lots.
However, practically it's not the case. you might get more than 1 lot or you might not even get a single lot as the selection of each application is an independent event.
(It's called probabilty for a reason and you have to factor in luck too.)

Iska ho gaya ho to.......Ab chalo jupiter ke page pr......

Sodha tha 11 ko aayenge is page pr Surprisingly aaj hi aana pda...

Yaha to T+1 me hi allotment kar diya !

QIB put only ₹41,61,02,16,900 (₹4161.02 cr.) here.😐
Lowest since recent times.⬇️🔅⬇️

Final amount: ₹43,91,54,26,800.💼

​@jaces They have 20% excluding anchors. So?
And what you have written is the number of shares.

If i am applying in retail should u apply maximum lot or the min lot. Does it affect selection as i personally have received allotment only when the lot was min in retail. Respected boarders like @MVP Sir and all please shed some light.

​@Indranil 
For an oversubscribe issue, all the applications of RII, from 1 lot to 13/14/15 max lot (below 2 Lakh) are treated as same.
So, if someone applies for more than 1 lot, simply it is blocking of money.

​@Indranil Here is the example, from Aeroflex BoA.

All the lot categories from retail had the same allotment ratio, i.e. 11 out 276 people got the allotment. So why block extra money?

Can unblock money be used for EMS? Please reply

Yes yes

Most probably yes, it may unblock on 11th night or 12th morning

Ratanveer is not showing in axis asba any reason

3pm Time limit crossed probably on last day.

Axis minor bank account holders can apply from their minor account

1st ever ipo where shni > bhni

Tremendous and crazy wave of ipo

QIB aaj thoda jaldi aaye, yaa phir issue size very small.

Issue size is very small but in contradict QIB overall response is low compare to the IPO size (so far).

Sir, QIB ab late hi aate hain.. If you have observed in last 1 or 2 IPOs, most of them come after 2.30 PM.

Applied
6 sHni
1 retail

*Ratnaveer Precision Engineering Ltd*

Approx break up applications : @2.00pm
As per NSE average

HNI above 10L - ~14,049(17.52x)

HNI 2-10L ~42,238(105.33x)

Retails - ~15,51,795(39.49x)

Allotment going to be very tough for this one

Crow Verdict: Apply for listing gains as no peers, small size, decent valuation, good subscription so far, and good GMP.

Skin in the game: 3 retail applications via UPI (HDFC, SBI, Axis)

Has any IPO allotment been received by anyone using the ICICI DIRECT account in the past 6 months?
Respected forum members, Please confirm.

​@MVP There is no technical glitch... From this week, they are debiting directly in case of retail application... However, in case of SHNI or BHNI, they will ask for add money before accepting the bid.

Thanks @Palka 
Actually it didn't ask for SHNI and BHNI application as well.

Dear all members...what is third party asba...How to execute it??

Let's say Mr. A is using his bank account to apply for IPO in the name of Mr. B. So, the funds are of Mr. A and the DMAT account and PAN is of Mr. B. This is 3rd party application.
A few banks are still letting customers do it.

One may assume as 1st party ipo issuing co. 2nd party Dmat applicant and 3rd party bank account asba holder...last 2 party should be same person

GMP Flying High
61-62

Hi @newgen consultancy 

Thanks

I also applied

Hello,

Getting alert in Axis asba " I hereby declare that the above mentioned PAN belongs to me. I, solely will be liable for any legal or financial implications for furnishing the wrong information. Bank shall not be liable for any misinformation submitted on my behalf."

So, from now 3rd party ASBA not allowed ? or we can still apply 3rd party ?

Yes . I observed this from this ipo and don't know whether they will remove as part of first stage of filtering

3rd Party ASBA application should not be used. This facility is not available in ICICI bank. We hv seen that Axis bank still has the option. Even in Chittorgarh website is written "Banks in India no more offer the 3rd Party ASBA IPO application starting from 1st May 2022."

Will this ipo money useful in ems. Account are with sbi bob

Very likely. SBI now unblocks the money on 'refund day' by noon.