Sahaj Solar Limited IPO Message Board (Page 7)

Someone od esteemed member, please reply. What should be done on such cases.

Are you using ICICI Direct Demat ?
or
ICICI Bank (which in turn redirects to ICICIDirect) to place order for third party Demat account ? Example Applying through ICIC Bank / Direct but for Zerodha Demat A/c ?

Icici direct has banned buying as per RTCM issued by NSE untill they upgrade their technology to support it.

List of applicalbe stocks for the month :
https://www.icicidirect.com/mailimages/RTCM_StockList.pdf

​@Seth. Thanks sir🙏 for your timely response😊

​@CJ ROCKS 😊 Welcome

​@Seth. Seth ji 🙏Dil maange more😊
Aalea, Sati, Prizor, 3M ka confusion door karo as I can apply only 2-3 max SME IPOs bcoz fund crunching.😁 If possible please give the priority list as DD sir gives avoid to Prizor but in the past also avoid rating SME IPOs performed well with good GMP. Here GMP is also good. Take your time till Monday. Thanks in advance🙏🙏Enjoy your weekend 😊🙏

​@CJ ROCKS Ok sure , will post for them too. I was under impression sahaj closing on 3rd day but I is weekend so closing on Monday..
Will post all 4 IPO review very soon.

​@sloth well said.

Sooner or later , this rule will come to SME as well.

Proportional alottment is only for 15% quota. 35% is lottery only.

लगता हैं सुन लिया सेबी ने:-😅
SEBI to increase Minimum Subscription Lot size in SME to ₹5lakhs , to decrease crazy retail participation

Source: The Hindu Business line

That means further lower allotments :-(
Only 10 allottees per Cr of issue size (assuming 50% QIB).

​@Tejas Pandya  hv shifted 30%in mutual fund for time being as now smes will also heavily crowded.

I'm not big bull like 4 names you mentioned (😅), but in my humble opinion, this is not the right one to do that. With no major clash Sahaj can easily get subscribed more than 1000x in HNI.
Ganesh or Effwa were the perfect candidates to do that, where expected subscription was around 400x. And chances were 1 out of 4 for ~100 lot application. But ofcourse, will like to hear from Rohit bhai and Gray bhai what they think.

​@Tejas Pandya - It would be beneficial only if you can get confirm allotment after shifting to a single account.
Most of the issues are not very large and may get oversubscribed heavily (> 500x+)
Tunwal is a large issue and will be attract comparatively lower subscription.

So, crux is if you think a single large application is sufficient to bag one lot you can collate the amount into a single account.
Else better continue with multiple HNI applications (and avoid large fund transfers).

@MVP bhai, big bull to bas @PLAZA Sir hai.
Baaki humlog to newbies hi hai.

​@GrayIsTheNewBlack How about around 125 lots in this one and around 150 lots in tunwal??

​@GrayIsTheNewBlack Nothing like that dear . We all in the same boat . I anticipated that now by 13 to 14 thousand in sme pumping it is very difficult to get allotment now even by accumulating fund in one account so I deployed yesterday 30% of my liquid free money in mf and rest will be alongwith od amount used in IPOs as presently same return from mf comings. Since 1st april mf held by me gives around 20% return till 8th july around 6% monthaly anunalised 72 % but i know this will be averageout in dip of market which is in parallel to ipos return . So I decided park part liquid amount in mf .

​@Tejas Pandya - 125 in Sahaj is definitely going into the lottery.
150 in Tunwal is very likely to give confirm allotment.

​@PLAZA can you please sepcify the name of teh mutual fund giving around 6% return. becuase retuen will depned from mutual fund to muttual fund.

Canara robeco manufacturing fund
Kotak emerging equity fund
Nippon large cap fund
Mirae midcap fund etc

Thank you @PLAZA

​@Tejas Pandya 
1) I have already brought all my liquid funds to a single bank account adding my wife as joint account holder with “either or survivor” facility. Got registered both the PANs and Demat A/cs in the ASBA page of the Bank. I will try with single application with FF, if the expected NII subscription is up to 250 times. Beyond that, I will go for two applications with lot sizes of 50, 60, or 70 and with left over funds I will go for all other good IPOs opened simultaneously. Strategy: Go with full force with single application wherever possible to get confirm allotment. Otherwise, go with two applications of equal lot size to target easy ratio on lottery. Don’t miss any good IPO and go with limited lot size to try my luck, using left over funds.

2) Coming to Sahaj and other present IPOs, I will go for limited force in Sahaj just to try my luck. I will target one of the four IPOs closing on next day with FF to get confirm allotment, if possible. Other three IPOs with limited force using left over funds.

3) Tunwal with limited force and Kataria with full force.

​@Tejas Pandya No concrete evidence to say that all parked funds in one account guarantees allotment. Could very well miss out due to being odd lot.

Since Sahaj is Solar and Sole, ideally you should put in multiple HNI apps in the range of 50-70 lots, possibly higher if there is scope in my opinion. The rest can be used in other issues around.

​@MuStrFc Congrats sir ji👏🎉 for achieving a milestone tag"GURU" . You really deserve that as you are one of the great fundamental analyst of our own CG forum. Keep posting and guiding us with your experience and thorough knowledge 🙏👏

My guess is this would go for 1500 times. Pooling all funds may not give a major advantage unless its a 10cr application.

​@CJ ROCKS बस आपकी और दूसरे मेंबर्स की कृपा से ही मुमकिन हुआ है 🙏🙏

​@Mustak No sir you deserves the highest rank in the forum🙏👏Your knowledgeable posts are really benefitted the CG forum. Keep posting and guiding us😊🙏

Sahaj is looking like 800x so unless you can pool funds and do min 400x in one lot, there's a chance that you will miss out since it'll be normal lottery and sometimes even round numbers like 125 lots don't enter lottery. Safe options are 100-150-200x etc, or you yourself doing multiple lots of one size that crosses the 50% threshhold @Tejas Pandya

​@rohiitian please describe this lot less than 1x subscription are not randomly picked?

Applied Limited lots x 2 hni app (different size) purely to test my luck. Tomorrow will apply in FF targetting any one of the four IPOs and remaining IPOs with left over funds. No IPO will be omitted.

1) NII Funds used in the SME IPO market by taking the three ipo figures closed on 8th and 9th July (Ambey, Effawa and Ganesh Green) = Rs. 13245.26 crores.
2) Estimation of IPO subscription by NII on today and tomorrow based on some hypothetical calculation.
i) Sahaj (Today) = Rs. 8733.34 Cr.
ii) Aelea, Sati Poly, Prizor and Three M (Tomorrow) = Rs. 4511.92 Cr.
Total = Rs.13245.26 Cr.

3) Expected No. of times of NII subscription for Sahaj = 8733.34 / 7.4304 = 1175.35 times.
4) My hypothetical calculation may fail in the highly flexible SME IPO market. Let me see, how it works in the end of the day for Sahaj.

​@GAUTAM GOYAL I assume you used your Zerodha account details in HDFC bank ASBA.
You can do the same in any bank's ASBA, there is no other special need..