Rolex Rings Limited IPO Message Board (Page 29)

You are very Bullish

In tatva ipo you say 3300+ what happened bro?

I hope it happens.
Just on an experimental basis i have cancelled a retail application out of 16 applications.
And applied in HNI with bare minimum lots (224 shares) to see what good it does.
It is still Lottery but it''s just for fun

@Monster Zero, you made a mistake.

NII/HNI subscription is usually higher than RII category.
Current values: HNI/NII: 55x and RII: 20x

So, your chances of getting IPO via
1. RII = (no. of accounts) / (oversubscription factor) = 16/20 = 0.80 lot = 80% chance for 1 lot
2. NII/HNI = (no. of lots bought) / (oversubscription factor) = 14/55 = 0.25 lot = 25% chance for 1 lot

If you are planning to use some accounts for RII and other NII/HNI, you can sum your total chances.
So, this time your experiment has given you lesser chances for getting a lot.
Sadly, you can''t cancel your NII/HNI application and revert to RII option.

@IPOlogic...as i clearly mentioned it as an experiment and i am waiting for the allotment results to come out so whatever the outcome is , I''ll be happy that I learned something.
Also already have 15 applications for rolex in Retail category.
😄

@IPOLogic: Your logic of RI chance 90% is wrong.

It it is subscribed 20 times in RII then the chance is 1 out of 20 = 5%. Shares will be minimum 16/1 lot.

No

Yes you can .. In my knowns people applied it and also get the allotment .( this things I get to know from GR Infra IPO) .. Ideally it not written anywhere but you can do it.

so i''ve to apply from the UPI id of the same person?

I see many people here saying that it will get rejected.
Have you tried this earlier ?
If yes, Could you tell me which bank that UPI belonged to ?