I am waiting for 1 allotment out of 3 application for last 8 years, applied for almost all SME IPOs till now just on a assumption that i will get joy of my life at somepoint of time.
117.3. Mr. Singh| Link| Bookmark|
July 16, 2024 7:36:05 PM
IPO Guru (1000+ Posts, 600+ Likes)
@P.I really from 8 years? Subscription in SME IPO were not that high till 2 years back.
Cool. I have applied in all 4 ipos today (20 lot each). Subscription was high in all 4, else would have put 80 lots in only 1 IPO (which would have increased the propability significantly). Fingers crossed!
I exited APS on day one itself (was looking expensive post listing itself) but what a run it has given post that. The solar bull cycle had just began around the time of APS listing.
116.5. JSK✨| Link| Bookmark|
July 17, 2024 12:08:52 AM
IPO Guru (1600+ Posts, 900+ Likes)
Yes, i had sold at ~250. Solar boom was started by Waaree, KP Green and Gensol :)
Thanks everyone!
116.6. PLAZA| Link| Bookmark|
July 17, 2024 12:21:46 AM
IPO Guru (2400+ Posts, 1300+ Likes)
116.9. Safe Bet| Link| Bookmark|
July 17, 2024 3:18:01 PM
Top Contributor (500+ Posts, 100+ Likes)
@JSK✨ All I can say is that Surya Bhagwan aap pe Prasanna hai😁😁🌞🌞
116.10. JSK✨| Link| Bookmark|
July 17, 2024 3:39:08 PM
IPO Guru (1600+ Posts, 900+ Likes)
Thank you everyone! As informed, i'm moved to secondary for 70% fund since couple of months but apply 1 sHNI mainline/SME IPO from couple of accounts.
Again, I'm suggesting people not to just rely on IPO but mandataroy do trading/investment in secondary. As i had predicted when TATA Tech IPO came last year, subscription will be sky rocketing in IPOs and we can see now. Last month, 48L demats opened.
During JSW Infra time, 2000 cr IPO, subscription was ~15x in sHNI and same sized Emcure Pharma IPO, sHNI subscription in 4 time higher if we include Bansal sHNI together. Who-so-ever applies 1.5 cr in sHNI/bHNI will have 2L worth of shares chance otherwise it is simply waste of time and money. I'm not suggesting to leave IPO at all but reasonably do both to earn more and learn more too!
What BigShare is to other people, Kfintech is for me (totally unlucky) I know allotment was extremely tough here, but with Kfintech I usually don't have hopes even in easy lottery.
106. MVP| Link| Bookmark|
July 16, 2024 11:31:20 AM
IPO Guru (1500+ Posts, 1100+ Likes)
[Off Topic] Anyone with Indusind bank and HUF please provide the input if you faced similar issue. I'm trying to do the ASBA registration for my HUF account. The bank account, demat account have same HUF PAN. However when I'm doing the ASBA registration I'm getting the error : PAN Mismatch, entered PAN and account holders PAN are different.
The bank people seems to have no idea, just playing email-email with the backend team. If anyone faced similar issue please guide.
106.1. PLAZA| Link| Bookmark|
July 16, 2024 11:50:32 AM
IPO Guru (2400+ Posts, 1300+ Likes)
open account with IDFC FIRST BANK when suits to you having good facility for IPOs
106.2. MVP| Link| Bookmark|
July 16, 2024 4:01:32 PM
IPO Guru (1500+ Posts, 1100+ Likes)
Thanks for the suggestion @PLAZA sir. Badi mehnat kar ke indusind me banaya, will try 1 week, otherwise as you suggested will go for the idfc. Hoping someone can help with indusind issue.