Syrma SGS Technology Ltd IPO Message Board (Page 30)

QIB : 98X
Retail App.wise : 4X

Are you sure retail app wise is 4x? It should be above 5x, no?

@iposandy it's 5.15

Syrma SGS Technology IPO – *GMP Estimated*

GMP 64 +/- 1
Kostak 825 +/- 25
Subject 2 @3,700/-

I got Email from BSE twice with same application number. DO my bid will get cancel due to multiple application (Applied only single application ) ?
Applied through Axis asba.
Does anyone got email twice from BSE?

I have recd mail thrice with same ref/appl no

Hi. I too got twice with same application number. I applied yesterday just before 2pm by asba. When I checked in bse site, it shows not bided. But amount blocked. Will my bid be accepted?

Syrma HNI Details :

Available -
SHNI - 2005
BHNI - 4011

Approx Subscription -
SHNI - 27000
BHNI - 12000

Probability wise -
SHNI - 1 : 13.46
BHNI - 1 : 3

Retail - 1 : 5.16

Those who know final subscription figures for all categories application wise, pl share the information.

Hello.
just for the information i want to know, as per subscription data
RETAIL SUBSCRIBED - 5.53 TIMES (RETAIL IS 35% OF TOTAL ISSUE SIZE)
NII(SHNI) SUBSCRIBED - 14.47 TIMES (SHNI IS 7.5% OF TOTAL SIZE)
NII(BHNI) SUBSCRIBED - 19.01 TIMES (BHNI IS 7.5% OF TOTAL SIZE)

AS PER THIS ABOVE DATA, IN WHICH CATEGORY THE CHANCES OF ALLOTMENT IS HIGH.
I NORMALLY APPLY IN RETAIL (8 APPLICATION - FAMILY MEMBERS), BUT THIS TIME I HAVE APPLIED - 7 SHNI APPLICATION.
SO JUST ASKING, BETTER CHANCES OF ALLOTMENT, SO IN NEXT ISSUE WILL TRY TO INVEST AS PER THE SITUATION.

THANKS IN ADV

Retail subscribed 5.53x .. removing 2 lot to 13 lot applicants and technical failures and rejections, it will come to be 5x meaning 1 in 5 will be getting allotment of 1 lot = 68 shares... If you had applied 8 accounts here, there was almost 100% chance of getting 1 lot of 68 shares and roughly 60% chance of getting 2 lots of 136 shares as well..

sHNI subscribed 14.47x .. again removing extras, it will come to 12.5x meaning 1 in 12.5 will be getting allotment of 14 lots = 952 shares.. since you have applied 7 times here, you have ~56% chance of getting 952 shares.. and ~44% chance of getting 0 shares..

Obviously, what you have done is better since on being lucky, you will be getting 952 shares and at current GMP of 60₹ === profit of 57k
But there will be very few people who prefer surety profit of 4k over 55% chances of 57k profit... (all depends on the listing since GMP is a good enough measure but not the PERFECT measure of an IPO)

Hope this helps answer your query.

Thank you NIMIT SHAH, thanks for your valuable update.

Latest gmp ??

Latest GMP is around 60₹

What is application wise subscription in retail cat.?

Looks like TMB issue is coming soon

Agree because ads were showing on this site

True. TMB IPO is likely to come soon. They have started advertising in Chittorgarh, IPO Watch sites.

Gmp 60/62

At 58 rs 💪 buying .....

In Campus IPO, BHNI average application size was Rs 19lk and 2.3lk for SHNI. Using the same for Syrma IPO HNI Applications wise subscription:

BHNI 19x - 88cr*19x/(19lk*4200 allotees)=2.1x
SHNI 14.5x- 44cr*14.5x/(2.3lk*2100 allotees)=13.2x

@sdz.. great...
Now I feel atleast in oversubscribed IPOs, there will not be many bHNI applicants who will apply much beyond 10L amount , as things are clear now ..

@sdz now your calculation seems perfect. This new HNI system will provide good profit to self reliant HNIs. Risk reward is so much favourable with high allotment chances in BHNI.

UPI mandates are not showing up properly in Gpay app. Anyone facing this?

i am facing the same problem, i cancelled in 1 account and applied it again and accepted immediately.

The issue seems to have been fixed. If you have a pending mandate. You can check and approve now. Good luck ✌️ .

20 in shni
8 in Bhni. , Applied

Premiums

Application wise koi bata skata h???

Applied 120 Retail
Best of luck guys

Applied 200

GMP Raised to 55-57

Hoping for a Good listing gain 🤞🏻

Application wise sHNI may be around 12× and bHNI around 3×

Can we get exact Bhni application no?

Shni 15.15
Bhni 19.90

Gmp: 60 Buyers

HOS:- Some people buying in Grey large quantity.......So please dont dare to "short" in grey market...

Hoping for a Great listing!!