Salasar Techno Engineering Ltd IPO Message Board (Page 37)

https://www.sptulsian.com/free-zone/ipo-analysis/Salasar-Techno
Capital intensive nature of business, tiny issue and "Trade to Trade" listing. So Avoid is the analysis.

Allotment would be tough. If allotted investors would gain reasonably.

tulsani is cheat ,
he gives one advice to his clients to apply , and other advice to major people not to apply , so that chance of allotment is more ,
he exited au finance at rs 650 for his client at rs 650 and now he is creating atmosphere that it will touch rs 500 Mr gamble also takes his advice and waiting for rs 500 ,
when rs 550 is not breached , for rs 500 for tulsani and his followers best of luck

Apply not apply pl tell

As this is a very small issue and Retail is expected to subscribe over 50 times there is very little chance of getting allotment. However as the share will be listed in T Group and traded on delivery basis for 10 days. one may get a chance to buy in open market around the Issue price.

i have subscribed salasar ipo through Karur Vysya Bank Net Banking and succesfully submit it 3 days ago but still i have not received application message on my mobile or mail.
please somebody help me.

random

R U RECEIVED MESSAGE OR NOT

It will not work for ICICI / HDFC / KOTAK. However you can apply from SBI or UNION bank, if you want to apply for other applicant name expect Account holder name.

I am facing problem with HDFC Net banking, anyone else also facing, do let me know as I have tried on saturday also and it didn''t gone through on saturday as well as today.

To clarify some confusion regarding the categories in this issue as per the Details posted by the registrar there are only 2 categories in this issue RII (50%) and NII (50%) No QIB portion. So no need to check if there is subscription in QIB category it will be 0 as it is not applicable to this issue. Hope this enables you to make a informed decision.

This is a Fixed Price issue, hence, no bidding required on Exchange Platform. So, no role of Brokers in this IPO. Investors need to either apply through Online though Net banking login of the respective Banks OR submit physical forms to their Bank. Most of the bank will not accept physical forms after 12 noon today (can guess this based on the experience).

CDSL allotmet was 43:3 while subscribed 23.5 in retail. Salasar already subscribed 28 times and till five hrs to go. God knows what will be allotment ratio. Probably 50 or 55:3.

Good Morning . can you suggest someone for below mentioned query .

I created Demat account and Bank account in my son name ( Minor account ) . bank account with icici bank ( minor account ) and demat ( minor ) account with other broker.
- when i trying applying online through net banking option --> getting error temp this option not available . i called customer care and visited three different branches . they
could not able to resolve it . even they not understand the issue .
- later i tried through offline through Broker . they also not participating as they mentioned it is fixed rate / fixed issue .

- even i thought i can apply through my account ( icici bank ) . i can apply only in my name . it is not allowing other than account holder .

can you please suggest any alternate option to apply for Salasar Techno engineering ltd ipo in my son name .

@SpinerShot : created account in ventura securities ltd . they will not show much interest as it is only DP account . they will not earn any brokerage . you need to speak to demat section not trading section .

@SpinerShot, you can go for Zerodha & IndiaNivesh. They open minor demat accounts.

why no QIP bid ?

Till now:

Non-Retail: 3.38x
Retail: 27.51x

This ipo is not appearing on ICICI direct IPO list. Can any body advise how to apply through ICICI direct?

If u have ICICI bank account apply through net banking

Thanks @Vinayak. On ICICI net banking it is working.

I will wait till last day too put my application. The issue is already oversubscribe however technically the issue is still not pass muster since QIB portion is NIL so wait and apply. The issue will not go through if QIB is not subscribed

Kindly see my note no 391 please.

I''M sorry it is 389 instead of 391.

This ipo is not appearing on ICICI direct IPO list. Can any body plz reply?

Allahabad Bank Cuttack Branch not accepting ASBA applications & I have no accounts in other banks. Any one can guide me how can I apply in this IPO.

Take net banking & apply online.

submit form to broker

This issue has no QIB reserved quota. It has only two categories to apply for 1. Retail investors 50% 2. Non retail investors 50%
Prospectus- issue detail-page no 387.
So don''t bother about Qib subscription.

one simple Query to Board mates --

How much lots should one apply in Salasar in HNO Quota in order to ensure that atleast one lot is allocated to him. ( just an approximate figure based on guess of no of times subscriptions, I know there are other factors and then there is an allocation Algo for HNI, guess its not lottery like the Retail applicants )

Eagle, Septa, Gamble, any other learned members ??

Akay. while its too simple to say this but allocation Algo is a bit more complex

In short you are assuming the NII to be subscribed 15 times by no of shares right ?

Any body having differing views ... if we put he application with careful selection of number of lots the chances of allocation increases manifolds

Dear Akay,
NII category will be oversubscribed between 150 times to 200 times. If its oversubscribed 200 times you have to invest Rs 2700000/- to get confirm one lot 125 shares.

Nice to see seems no one here trapped in recent listed share like ausmall, cdsl,...

Should have booked

Thanks
Sold @596. 12k profit booked.

apply not to apply

septa sir,
tomorrow is last day what you do.
you applying or not ?
i waiting your reply .
please reply.
THANKS

Septa sir please reply.

Read comment number 352.4
You will get answer of your question