Syrma SGS Technology Ltd IPO Message Board (Page 37)

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....

My calculation is in contrast with yours...
In the absence of data for Application details I've also assumed all the application at entry levels i.e. 67 & 14 lots.
Looking at the data at the end of 17.08.2022 probability of winning a lottery in BHNI is 5 times higher than SHNI.

रिटेल कछुए🐢 की चाल चल रिया है! LIC नै याद कर रीया है सायद??? राजस्थान री एक कहावत दुध सुं जल्योड़ा छाछ नै भी फूंक फूंक कर पिवै! अब तो लाग रियो है रिटेल 5 टैम कोई हाल में ना जावै ऐप्लीकेशन कै हिसाब सुं! और रिटेल में 9 लाख ऐप्लीकेशन आवणी ही मुश्किल है!

[ ऐप्लीकेशन लगाने से पहले अपने वित्तीय सलाहकारों से सलाम, परामर्श लें और अपने दिमाग का इस्तेमाल करें मै कोई विशेषज्ञ नहीं हूँ! 🙏🙏🙏 ]

GMP 35

Jitna milega sab utha lo .
350 tgt pe bechna...uske niche peer comparison me undervalued hai.
Hoping for 1 Shni allotment.,😁
Will hold until 380 and sell in small quantities.

Looks like retail will have more easier probability than sHNI ...
Disclaimer : I have applied in sHNI ...

But Retailer get 1 lot and sHNI get 14 lots....

perfect... sala judgment hi nahi le sakte kitna maal lagega yaa kitna nahi...!! kitna apply kare kitna beche aur kitna rakhe!!

bole to maths ki vaat lageli he...😭🥲🥹

Expected subscription : Retail ~10× : sHNI = 20 and bHNI ~ 30× .

sHNI may be max 10-12×

5 application of sHNI any day. But be prepared for two or more allotments also, in lottery.

SHNI : 12 X, RETAIL : 7X

Expected subscription in Retail, SHNI and BHNI?
Will help to decide which category to apply.

3 sHNI applications of 2L and 1 sHNI app of 4 L if no other requirement.
or
4 sHNI applications of 2L each, if you want to keep 2 L handy.

@hbk,
You have 4 accounts and 10lakhs, Avenue is right. You will have 2lakhs in hand and can use this amount in other SMEs. Minimum sHNI as it is already over subscribed. 14 lots.
Rest your own decision.

Dear Members,

Please clarify that for both SHNI and BHNI:
1) The minimum lots allotted would be 14 only.
2) Since both of them are over subscribed it would be advisable to apply for just over 2 Lacs or 10 lacs.
3) If both of them are over subscribed for a similar number (Say 25X ), which would have more chances in lottery.

1 - Yes
2 - Yes
3. bHNI should have more chance.

I agree with @ Avenue. I think even if BHNI subscription is higher by 3 times than SHNI, chance of allotment in BHNI is more as they are applying for 5 times more than what they are going to get.

Applied for 1 lot. Very favorable markets and decent company.

What is crow verdict.. pls

This IPO is going to be Big bang, only because IPO after long gap, markets at Peak... nothing to do with Fundamentals 300+ would be on the cards...

According to trend, applying single lot in retail... seems useless to apply more.

Subscription figure is not attractive in Retail portion, it would be not more than 4 times, long time frame for ipo close ,why retailers not participat ??

The funds applied for Veekeyam Fashion IPO will be unblocked by tomorrow. That will increase the subscription figures significantly.

I am trying to apply for HNI of 2lac from zerodha via HDFC net banking. But HNI Catagory is not showing. In default Retail catagory is showing. Plz Help Plz

If you are applying from zerodha why u need netbanking
just select how many shares/lot you are applying make sure not to exceed 5lakh limit
all that if you're applying through broker it automatically consider your application of more then 2lakh which is 14 lot as HNI
is this what you asking

LATEST GMP 37

LATEST GMP : 43.

Lagta hai Retail Investors ko LIC Mein Jo Jhatka laga Us se Abhi tak Ubar nhi paye hain 2-4 IPO Ki Achchi Listing k baad hi Wapas Aayenge.
SYRMA IPO Retail Application Maximum 9 Lakh aa Sakti hai.
[ Before Applying in IPO Consult with your financial advisor and do your own research ]

HNI, over 10L, is it proportionate or draw?

If draw, is it full allotment or how much?

HNI > 10 lakh, if oversubscribed application wise, will be alloted 14 lots by lottery. If not oversubscribed application wise, then all applications will be first alloted 14 lots and remaining shares alloted proportionately.

Hello, distinguished members. I would be applying first time in HNI category via Zerodha UPI and icici direct, can you please confirm whether I would have to select the cut off price option or just simply enter the higher price band on the portal. Which increases the chances of allotment.

For HNI , you need to enter a price (obviously 220 as it is oversubscribed ), no need to select cut off.
Cut off price is applicable only to RII.

For HNI, don't select Cutoff price. Just select, higher end of the price band.

Now Qualified Institutions started. So it seems to be a good signal.