All retail applications done. Am really interested to know the quantum of HNI applications... And the final subscription figures. Best of luck to the HNI applicants 🤞 @noorul @sdz @MRavi @lokes @MOG... And others too
If I/m not mistaken, I think @jstm too mentioned about applying HNI in Sigachi
82.3. SamJos| Link| Bookmark|
November 2, 2021 8:53:28 PM
Top Contributor (500+ Posts, 100+ Likes)
I ask all HNI experts, is it ok to dive with 500+ lots in Sigachi? I am gone through your all posts, but many had preferred Nykaa, few with Sigachi due to fear of very high subscription. I too had applied Nykaa with 555+ lots, but slightly remain reserved for Sigachi, as Nykaa rarely can give poor result & Sigachi can be another Paras. Please view of all you experts/gurus at one thread, thanks.
yes, jstm and noorul are FF on Sigachi, which is a correct decision in a way for safe side.
I see Sigachi to reach 500X or more. if thats the case, I want to take risk and may apply very few lots Sigachi and go FF on PB. (just out of box thinking or just a gamble worth trying from my prospective only)
@Samjos, good that you gone good lots in Nykaa. you will surely get one lot in Sigachi (it may not be a ''Paras'', but quite 50% close to it). if you are not risk taker, goahead with 500+ lots in sigachi. (many experienced advised the same)
Thanks
82.6. M.K.| Link| Bookmark|
November 3, 2021 2:08:03 AM
(300+ Posts, 200+ Likes)
@SamJos
Not an expert but do apply.... Allotment ratio will be lower than your Nykaa application. 500 lots should not be risky for this IPO compared to what happened in Fino today. Ideas were being proposed to apply in retail too to cancel the HNI application.
End of the day, trust your gut... Suno sab ki, karo apne mann ki.
82.7. lokes| Link| Bookmark|
November 3, 2021 2:49:56 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@MK : regarding quantum of HNI application, i replied in other thread just now in this forum to Mog. @samjos: i feel you can go with 450 lots in sigachi and around 50 lots in PB. with 450 lots you will mostly get 1 lot in sigachi (either for sure or either in lottery) and in PB, you may get 2 lots and who knows that PB may give even 20% listing gain. or as per tomorrow subscription around 2pm or 2.30 pm etc, you can go with 400/100 also in sigachi/PB if you have total 500 or else 500/50 etc.
@R M Kumar - the only difference between Retail and NII is the amount. Retail can be bid for less than 2lakhs, if the same person bids for more than Rs 2lakhs, he is NII.
@noorul you were correct in productive l predicting that HNI won''t cross 300x. Clearly people who saved money for sigachi HNI quota will be happy with the current subscription figures.
From d very beginning i said sigachi script is perfect dish for a self made hni.. and subscription figures won''t b too high as others predicted... Those who apply will surely gonna make gud amount of money.. upper circut candidate for sure.. Gud luck 👍
82.20. lokes| Link| Bookmark|
November 3, 2021 6:00:07 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: yes you are right. Nykaa took most of the money so even 200X became uphill task for sigachi. That''s why i also shifted to sigachi today for my remaining funds and posted my view for those who still were waiting to choose from available 200 lots or more. till yesterday i wanted to put all funds in PB and retail in HNI. Anyways i applied with 150 lots in sigachi and 35 lots in PB. I came to know sigachi will go around 160-180X by 2.45pm so arranged funds to increase bid size by 20 lots but couldn''t increase my bid in idfc first bank, it was not allowing as i posted in other message, lets hope i will get 1 lot, chances are around 85%.
@noorul ji - cannot thank you enough. Even I was going for Nykaa and PB. I changed plan after learning from you. I followed your strategy. Applied in HNI quota for Nykaa and Sigachi, in Retail PB, totally skipped Fino and SJS. Feeling good. Thank you very much.
As usual, taking the advices and analyzing the comments posted in this thread , I have applied for 491 lots in Sigachi. Hope, I will get 256 shares on proportionate basis. As listing gain is doubtful in PB, I just applied for single lot from three accounts. Thank you all. Happy Deepavali.
Applied 5 lot each in Nykaa and Sigachi, Still left 2 lot Money, is it Good dicision to apply in Policy Bazar OR Apply 2 more in Sigachi in Friend Account ??(Without Commission).
@Berozgar, if any IPO is oversubscribed, experts suggest to apply only 1 lot in retail as the allocation of lot will be on lottery basis. So why are you blocking the amount by applying more than 1 lot in oversubscribed IPOs? If you have friends or family accounts I suggest to apply for 1 lot per account in Sigachi. Take your own decision as it is your money or you can consult your advisor
This is more of a Zerodha specific problem. No single broker is allowed to have more than 15% of the Trades for any given strike. Zerodha being #1 often exceeds this limit. So people can''t BUY OTM Strikes where most of the Trades happen.
If you just Buying then you are out of luck and you will have to use a different broker, but if you are doing Vertical Spread then you have to first execute the SELL-Leg of your Trade and then do a BUY to circumvent this issue.