@professor...... For once just imagine if this is your bread and butter and then it would all be doable .... Just for general understanding used above line
@Lokes: Finally I applied HDFC Bank account for my son. Account name is showing as Sushanth U/G Suneel. Is it the same case for you Minor account also in HDFC?
Also, are you continuing to apply in Minor account for IPOs? I remember you are using Zerodha or Prostocks...Did you get any allocation recently in your Minor account? Thanks...
446.5. lokes| Link| Bookmark|
August 21, 2022 9:23:01 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@suneelP: everything i already mentioned in our last below thread discussion in last 3 comments (21st , 25th, 29th) of mine, here you can check... https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1248&c=514499&ap=0
@Mrt In your question you are asking: chances and confirmed. Nothing is confirmed when it is oversubscribed. All depends on your luck because it is lottery. You can get upto 8 and even zero. I am giving an example of mine : in 2007 I made 4 applications of minimum lot in Mind Tree. Issue was oversubscribed by more than 30 times. I got two allotments. All luck. Don't be so crazy. Till allotment is announced you have got 8 lots. Think positive, be positive. Wait and enjoy.
I’m planning to apply from 3 accounts, all big HNI category 👊🏻 If FII continues to pump money for one more week, we might see new high of Indian stock market and then this IPO will also give bumper listing 🔥 Fingers crossed 🤞🏻
Great to be a member of main board IPO applicant after a long gap. This IPO needs an additional 10x ceremonial subscription.
I am planning to apply with 2 or 3 bHNI applications depending on final subscription, if funds are made available.
Best wishes...
442.6. sdz| Link| Bookmark|
August 17, 2022 10:41:06 PM
IPO Guru (1200+ Posts, 500+ Likes)
Hi Noorul and MRavi !! Welcome to new IPO season 😜 Logged in 2days ago after longtime, good to see you both 👍
Thinking to apply in 1sHNI and 1bHNI. Any idea about application wise subscription in both categories?
442.7. K.Atar| Link| Bookmark|
August 17, 2022 10:42:29 PM
IPO Guru (1000+ Posts, 700+ Likes)
Sir, I have already applied 2 Shni ,and 1 more Shni will make tomorrow last day. I couldn't make 1 Bhni and 2 Shni due to funds stuck elsewhere. Nevertheless, there are more than 70 IPOs still to hit Market. Will see if funds permit. God willing..
442.8. K.Atar| Link| Bookmark|
August 17, 2022 10:43:42 PM
IPO Guru (1000+ Posts, 700+ Likes)
I am basing my calculations on assumption that only exceptional HNIs will apply for more lot then minimum needed, most will apply for either 2L or 10L. Even @MRavi has confirmed so...
@SDZ, @K.Atar, Thanks, and good to see you all. All the best to you for allotment and blockbuster listing.
@Avenue, you did so much research on this new rules of HNI with many of the our friends like @ Noorul, @lokes...etc. Finally as you (we) wished, first IPO with known SHNI, BHNI spilt up. As you advised earlier, there is no use to apply more than 2L for SHNI and more than 10L for BHNI, and applying in BHNI has more chance than SHNI). Thanks for all your research and advise. All the best to you Prabhat 😉
Hello all experts, @Ravisir, @Mravi sir, @lokesji, @noorulji. Can you please explain again about SHni and BHni? Also explain how allotment will work if applied for 8lacs v/s 12lacs? Thanks in advance
@MRavi.. great you noticed... I told well in advance that in coming days we will see messages like "applied 20 sHNI applications". Advantage of having multiple accounts is advent.
442.15. 🔥 MOG 🔥| Link| Bookmark|
August 18, 2022 12:41:48 AM
(400+ Posts, 200+ Likes)
@noorul @mravi @sdz @Avenue How are you guys? 2 months seemed like a really long time.
I am also planning to go for 1 Bhni and retails applications. Another company filed rhp today... If it turns out to be Bharat FIH, it's going to be a really good start to this leg of IPO season.
Applying 8 bHNI. Hoping for big allotment and decent listing... 20% Premium is quite comforting at this stage. 🤞 While the new scheme doesn't assure allotment to HNIs but it gives to a chance to get bigger allotment. Goodluck to all of you.
@ earn smart money.. application of more than 2 Lakh comes under small hni and above 10 lakh falls under big hni.. and no advantage for applying above 2 or 10 lakh in both categories respectively if issue is already oversubscribed like this one. @ Bottleneck.. anything above 67 lots not going to make any difference in over subscribe ipo.. In case of under subscription you will get the proporsnate allotment on above 67 lots application. @mog, sdz , k.atar and other friends nice to see you back in action after a 2 months period... Missed your presence... Well didn't missed @avenue and @ mravi sir... Because connected on watsapp group... Let's wish this ipo season prove to b another block buster and give money rain in monsoon.
442.19. SamJos| Link| Bookmark|
August 18, 2022 5:14:13 AM
Top Contributor (500+ Posts, 100+ Likes)
Will apply for 5 bHNI & 2 sHNI tomorrow.
This b & s scheme has again put HNI on lottery system like retail investors. May be good for sHNI but bad for bHNI.
442.20. K.Atar| Link| Bookmark|
August 18, 2022 11:36:07 AM
IPO Guru (1000+ Posts, 700+ Likes)
@all, Applied one more Shni application made, now final count is 3. Funds from Veekayem not released, was prepared for this scenario also. Now out of 3 sme IPOs open which one everyone will aim after done with Syrma IPO.
Hi noorul, MRavichandran, Avenue, sdz - so nice to see you guys again. Lokesh is missing? Did not see his message here yet?
Noorul what is your strategy for this one. I'm still sitting on gains copying yours and MRavichandran strategy in earlier IPOs.
442.22. lokes| Link| Bookmark|
August 18, 2022 11:52:48 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Hi guys...I will be applying 2 BHNI applications here and 2 retail, i have 2 accounts only mainly where funds can be arranged/transferred.... these days i am busy in office work so not giving much time here and not doing any analysis too.....
Until now I have applied all the IPOs with one lot only. First time jumped to HNI category and applied only 1 application in HNI. It is quite a big amount for me. So I have qualified for writing my comment in HNI thread. Thanks
442.33. Bhav| Link| Bookmark|
August 18, 2022 1:09:24 PM
Top Contributor (400+ Posts, 100+ Likes)
@ riti
no as per new rules more than 1x subscription in any category will go in lottery, so big HNI already subscribed more than 1x so its lottery from total x subxcription
@Bhav.. completely wrong.. at same subscription bHNI will have almost 5 times more chance. I wrote in detail earlier somewhere, let me find it for you..
@Imhilli... HNI thread is a group where we discuss HNI application related issues. However all are welcome to join and comment....
BHNI n SHNI are going neck to neck in terms of subscription. But this reflects amount put in these applications and not no of applications. My last BHNI application was in campus IPO. There one can see that sHNI was 14x amount wise and 12x application wise...so not much room for improvement in chances. But when you look at bHNI applications, it was 26x amount wise but only 14 times application wise. And because shares worth 2 Lakh is allotted in both sHNI and bHNI, so the final allotment saw 1:12 allotment in sHNI and better than 1:3 allotment in bHNI. So bHNI allotment was much better even though bHNI was 26x compared to sHNI that was 14x amount wise. (4times *2= 8 times better chances in bHNI roughly) In Syrma my expectation is that if bHNI end up *10x then every applicant gets shares woth 2 L *20x then it will be 1:2 and so on.... of course this new rule is still in its nascant stage and data can differ greatly
In sHNI I expect the ratio to be only slightly better than subscription figures.
Probability of allotment in sHNI and bHNi for any given x subscription can not be confirmed as we don't know the application numbers. Many bHNi may apply huge lots, so can be confusing.
In an Ideal case, when all sHNI and bHNI apply at lower limit of 2 lacs and 10 lacs only, 10x sHNI subscription and 47.85x bHNI subscription, both sHNI and bHNI will have 10% chance of 14 lot allotment.
My understanding... Rest you all can calculate....
442.38. Bhav| Link| Bookmark|
August 18, 2022 1:36:44 PM
Top Contributor (400+ Posts, 100+ Likes)
@ avenue
yes mu mistake,
went through Venus and campus BOA, total Bhni X / 5 will be chances
anyway i put 5SHni. wanted to keep more lot in olatech.
anyone knows how to modify application for HNI in indusind
442.39. sbipo| Link| Bookmark|
August 18, 2022 1:36:56 PM
Top Contributor (400+ Posts, 100+ Likes)
@nurool,@Avenue @lokes,@Mravi and others experts, What would be satisfactory QIB subs here to reinforce subscription, it's yet to pick up,only meager 3×,not impressive. Thanks
@Noorul - How did u come up with 4:1 for BHNI as it is already over subscribed by 10 times shouldn't it is already 10:1? or am i missing something here?
442.48. Safe Bet| Link| Bookmark|
August 18, 2022 2:51:16 PM
Top Contributor (500+ Posts, 100+ Likes)
@ Justalearner : Good analysis. we can hypothesize then that that OS by numbers will be about 10% of actual OS for BHNI. Interesting ...lets see how it pans out.
Applied 10 sHNI apps...dont know if this was the right strategy but i could have gone for 2 bHNI also. comments pls? keeping some balance for Olatech as well
Applied for 3 bHNIs.... hope this doesnt dissapoint on allotment n listing day.... bit of a risk... Markets have peaked early. May not sustain the momentum next week. Anyhow, it will not list in discount for sure....
Since the final subscription numbers are out. Could someone explain the expected basis of allotment. The lot size is 68 shares irrespective of Retail/ SHNI / BHNI or The lot size is 952 shares for SHNI and 4556 shares for BHNI
@noorul How do I send my mobile number across without displaying in a public forum?
@lokes thanks buddy... Kabhi hit kabhi miss jaa raha hai.... Some rise and a few sink lower... Still I feel I'm making much more than making HNI applications in IPOs.... Will have to track a few IPOs and the SHNI and Bhni allocations to formulate the new Plan of Action...btw, have 1 🌟 performer in my PF now (A.E. 😃) Will book some profits soon to plough back into IPOs
442.70. sdz| Link| Bookmark|
August 18, 2022 9:09:26 PM
IPO Guru (1200+ Posts, 500+ Likes)
Good to know about your portfolio performance dude 👏👍
yes, it’ll take time to switch back to IPO mindset and plan according to new HNI rules. Hope this IPO list continues for long and successful too 😉
@MK @sdz @MOG @NiteenIPO and all other friends joining back,. really good to see you back after a long time. Looking forward for a great IPO season ahead.
@MK.. you may go through discussion in SME IPO Fidel Infotech, 352.55
Without this HNI Thread... CG is simply boring :) Now a days not seen much participation by HNIs... Please be active same like earlier.... Discussion of these champs engaging the forum members most..
Hello all respected members.. Applied 2 sHNI & 8 retail application I am new comer & silent observer of this forum.. take decision after reading discussion.. specially @noorul sir, @Avenue sir, @Mravichandran sir, @looks sir, @anantnag sir, @Bhav sir, @M.K sir.. @Jethalal sir and lots more senior members.. when I see you here feel reliable.. your discussion guide me to take decisions..
Welcome @all old champs as well as new ones to the newest ipo season... Hope we all again makes a good wealth with healthy discussion... Current GMP of Syrma is near 60rs. All the best for allotment.
442.79. sdz| Link| Bookmark|
August 20, 2022 11:13:33 PM
IPO Guru (1200+ Posts, 500+ Likes)
Thanks Noorul and wish you all the same. As listing in profit is confirmed now, everything depends on lottery allotment luck 👍
I applied in 1 BHNI, 2 SHNI and 2 retail. I should’ve planned well a day before and applied in 5BHNIs. With sudden jump in GMP, riskiness fear turned quickly into opportunity loss 😜
442.94. IProfitO| Link| Bookmark|
August 24, 2022 1:11:02 PM
Top Contributor (200+ Posts, 100+ Likes)
Lesson learnt .will not apply minimum lot if applying more than 3 bHNI or 5 sHNI . Will apply unique lots .I tried this trick in campus and atleast got in one application . Here 0/4 bHNI ,0/2 sHNI and 0/1 in retail .So Sad.
442.95. Ou Ai| Link| Bookmark|
August 24, 2022 1:26:28 PM
Top Contributor (300+ Posts, 300+ Likes)
Applied 1 BHNI of 75 lots and got one allotment of 14 lots. Congratulations to all those allotted.
@Noorul If I have three d mat acc in different names but mail I'd registered is same can it be a reason for non allotment,thank u in advance for help and support
442.108. Safe Bet| Link| Bookmark|
August 25, 2022 2:00:02 PM
Top Contributor (500+ Posts, 100+ Likes)
Bank of Maharashtra ASBA as usual the last arrival😜
Got 1/4 BHNI... was expecting 2 but theek hai... something better than nothing 😊
I am very positive on Syrma.. Excellent set up... popular due to quality standards.... potential to triple in medium term if it gets some good orders.
441. Chem cho| Link| Bookmark|
August 17, 2022 10:43:17 AM
IPO Guru (2600+ Posts, 2700+ Likes)
With BSE close to 60000 mark and NSE CLOSE to 18000 mark this IPO will bang on listing later today at @ 9.30 am the grey market premium jumped to Rs 40 after very long time BSE will attain 60000 mark soon
In last two days, 2nd is yet to conclude, market has lost about 1300 points. After good rally for many days, some cooling is there and even required to pass all-time high. But GMP is coming down in present circumstances. We can't live without Share Market and Share Market can't live without investors. I remember one good song, "Hum bane tum bane, ek duje ke liye" . If Market keeps correcting, listing will not as good as thought. "HONI TO HOKE RAHE, UNHONI NA HO". All the best first for allotment and than listing.
@NaveenK I have not received any mail/sms from BSE even though I have accepted mandate within due time.Money is also blocked in my account. Unfortunately my application might have been rejected due to some technical faliure.
People of Gujarat are enjoying holidays and not bothered in premium market. Wait till Monday. Better you also enjoy. If market is up GMP will also be up on Monday. Better luck on Monday.