Slone Infosystems Limited IPO Message Board (Page 3)

Application with 150 lots would have better chances. 140 lot applications should be minimum 3 to be picked up in lottery.

Sirji, have funds only for 140 lots…Thanks for letting me know,…From future onwards, I will make a note of it.. Thanks

CAN YOU ELABORATE HOW 150 LOT APPLICATION HAVE MARGINAL ADVANTAGE OVER 140 LOTS?

+1
I am also confused about the comments of I've applied this many lots, please join.
Did some research and there is this concept of cumulative bid quantity and but don't really understood this and have no idea how to determine the favourable lot size as well.

Generally, application with numbers such as 50,100,150,200 etc have many applicants. In case of highly oversubscribed IPOs, we need to have minimum half of total HNI times subscription to be picked up in lottery. So, if IPO in HNI category is subscribed 800 times then there should be minimal total of 400 lots in one category to be considered for a lottery. Now if there is a single application of 140 it won't be considered for lottery, if there are 2 application of 140 lots i.e. total 280 lots is also less than half of 800 and hence not considered in lottery. If there are 3 apps of 140 lots each total is 420 > 800/2 and hence 1 out of 3 will be alloted.

Since there are many people in 50, 100, 150, 200 lots category so it has atleast chances to be considered for lottery.

@IPOgainers interesting.
So Basically i 've a Theory considering what others would be applying,
Applying lots in multiples lf 10 would give less probability and if applying let's say 41, 42, 43 Lots then unless you are certain that there are other HNIs applying for that amount, its better to apply like 35, 45, or 55 Lots. Because there would be Applicants (50% criteria fulfilled) but there won't be that much applicants who are applying on 40, 50, or 60 Lots. What do you think?

ipo gainer@ I didn’t know this ….Thanks for educating us

All the best Sir..!! 🥀🥀
Hope God will bless you with one lot atleast.. 🙏

​@DEVBULL  Were you successfull in any of the recently concluded sme IPos ?

Good luck for this one too

@diwan kapoor: Thank you
@Rakcy: Recent allotments --> Storage, Emmforce, JNK. All from multiple BHNI applications.

​@DEVBULL  That's really worth your strategy of FF apps yielding good fruits .
Congratulations 👏 👏

​@DEVBULL Congratulations for super duper allotment in HNI application below 100 lot ..

against*

yes

Apply in shni for better chances in allotment

​@Simply Vicky NII kitne time ho jayega?

​@Palka Fund should be unblock on 9th..so Aadhar & TBO can be apply easily.. IMO
On other hand Indegene fund will also be available for non allottee.. On 10th...!!

Very small issue, unblocked funds from 3 SMEs are available with investors. Hence I decided to apply nominal 1 reatail application each from my 2 accounts while sparing the funds for tomorrow's main board " Indegene" 1 sHNI and 1bHNI.

@Palka
Looking at issue size and no other IPOs, it may be more than 400x possible..Let's
See how it goes after 2.30 pm.