Off topic- Any one who has filed ITR before 05th July under new regime taking rebate under 87A and received demand notice now since rebate is now denied under new regime for STCG. My ITR is still not processed. I filed under new regime prior to 05th july and at that rebate was allowed for STCG. Jinki ITR process ho gayi ho kripiya wo prakash daalein
Ye bhi link intime ka hi hai gala ki tarah agr isne funds atka diye to to gue bajaj ka ipo mere haato se Gala ke to abhi tk blocked hai isme aisa na ho
I would also like to know the answer to the question of @Dineshbhai I Patel . I never tried to know this as I apply for single bid for stocks and single rate always.
1) How many lots will be allotted for S-HNI(Min) And S-HNI(Max) in case there is an allotment ? 2) How many lots will be allotted for B-HNI(Min) And B-HNI(Max) in case there is an allotment ?
14 lots will be allocated in all your cases..since its over subscribed..base SHNI lot will be allocated.. Note: There will be minor rounding cases of few share here & there..
@Ashish KS In case of over subscribed IPO's SHNI Max does not make sense, all will go to lottery. Base SHNI will do..if you are lucky. Similar case in BHNI Max, since there is no limit, most of them will get into lottery based on lot sizes. Most of the ppl will apply base BHNI. In some case very big/ultra BHNI might have an small adv...but there is chances of missing in lottery too.
35.4. Not Smart| Link| Bookmark|
September 8, 2024 7:45:18 PM
IPO Mentor (600+ Posts, 200+ Likes)
In case of Over subscription: Minimum lots specified for sHNI catagory will be allotted for both sHNI and bHNI subscribers. 14 lots or 13 lots normally. Difference between sHNI and bHNI : 1. For sHNI 5% of shres willbe reserved where as 10% will be reserved for bHNI. 2. The number of lots prescribed for bHNI is 5times of sHNI though the number os shres to be alloted for both are same. Hence the chances of allotment for bHNI is brighter than sHNI. Finally these are applicable for over subscription and only for Main Board IPOs.
@imsaurabhforu In case you get an allotment, you have to deposit the debited amount before 12 am. If you do not do the same, your FDR will be broken to the extent of amount dr and interest @ rate of interest for the period completed minus 1% will be credited to your account.
Ok thanks. Do i need to ask branch to enable sweep in on my FD or something else? Asking because, At idfc bank sweep in fd balance can not be used to apply for ipo.
@Puunam I am using prostock.... Zerodha and some other broker also have this facility
32. MuStrFc| Link| Bookmark|
September 8, 2024 2:47:12 PM
IPO Guru (3000+ Posts, 2400+ Likes)
Two LMs handling this SME like issue, PNB Investment and Unistone(handled Saraswati Saree IPO). Would have been better if the underwriting proportions of the two were shared. Anchors are the usual SME Anchors.
Company is majorly operating in FIBC Bags segment (Bulkcorp SME recently). Since the bags are the new normal for heavy goods be it solid or liquid, company has specialisation to make different quality of bags for the wide variety of goods. Industry agnostic operations visible for their products. Promoter group is experience and also has subsidiaries working in the same field, one being listed among them (Shree Tirupati Balajee FIBC Limited). Around 800 employees on payroll with attrition rates falling to 6.5% from 9.5% last year. More than 346 customers served (mostly B2B). 50% share each for domestic as well as export sales.
IPO proceeds are used to repay 31 cr of borrowings for self and 20 cr for subsidiaries so that adds around 3.21 cr to PAT and lowers the D/E ratio and P/E Ratio. Rest around 23 cr are being used to fund working capital requirements and company has outrightly given the revenue figures for FY25 as well, i.e. close to 650 cr. Margins increased due to fall in raw material prices which may not be the case going forward and if normalised, PAT remains more or less similar to FY24 even on increased revenue. Total consolidated capacity utilisation is around 84%, so additional capex is needed to increase PAT. Few one time figures adding to PAT like profit on sale of old machinery, govt subsidies.
P/E currently at 19, peers Commercial Syn (P/E 37) and Emmbi (P/E 22). Emmbi has around 4% market share and doing capex to increase from their current 30,000 MT Capacity actually makes them cheaper in forward earnings than Shree Tirupati (current 51000 MT Capacity).
Contingent liabilities around 95 cr including bank guarantees for loans.
Going by the recent small mainboard issues, this appears more for listing, but the LM combo does not necessarily make it certain. Other than biz is not very exciting to grow multifolds in a quick span of time.
With birth certificate, I got the bal aadhaar done, gave that as proof for PAN
31.2. Iranna| Link| Bookmark|
September 7, 2024 8:44:50 PM
Top Contributor (300+ Posts, 200+ Likes)
@RJrahul Hi you can visit nearby post office or Aadhar seva kendra along with Baby. Carry baby's original birth certificate and both parent's aadhar. After filling out the form baby's pic will be taken for aadhar along with applying parent's biometrics. Documents will be returned back to you. You will get SMS on your number within a week and will be able to get soft copy of new aadhar after 4 days of receiving SMS. Hard copy will reach you within 20 - 25 days.
dear friends, I have a question.. lets say an ipo was allotted to my father and he has significant unrealised gain on it... he transferred those shares to me.. now, on whose side the gain will be counted? does the price at which i got the shares from my father becomes my cost of acquisition of shares ?
26.1. Iranna| Link| Bookmark|
September 7, 2024 2:54:50 PM
Top Contributor (300+ Posts, 200+ Likes)
@Akash Goyal Google search will be of help for you in this
26.2. Chhote Lal| Link| Bookmark|
September 8, 2024 9:00:27 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@Akash Goyal In Chittorgarh.com itself, you will find such data. Data regarding actual applications made for each category is available in BoA (Basis of Allotment) document. Look for link BoA at top of IPO page.
Max 50x Retail Subscription is expected, normally it would have been around 80-90x. Seems Bajaj Housing Finance IPO has created ripples, aaage pichhe ke sabhi IPOs me funding disrupt ho gyi, investors, particularly Retail & SHNIs are concerned about timely unblocking of funds. My Gala funds are still block.
As a retail investor, I think we should skip this IPO because there are better allotment chances in Bajaj IPO.