It's Friday....big applicants r enjoying extended leave.....RH in raksha bandhan then Saturday Sunday and then independence day..... So people r enjoying for now..... Moreover it's only the first day and quarter of ipo has been subscribed, so not that much of a slow run.....
122. Smile.| Link| Bookmark|
August 12, 2022 5:32:37 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Dont bother on subscription fig, it will increase on last day ,Will list in positive, This issue is not for listing gain or those days are gone where you will receive big profit on listing day. You will earn more money in TNPL, Rainbow ..... till listing of Sirma. But if capacity hold, this is a good bid. So can can apply now or enter on listing ... Both will be happy.
121. K.Atar| Link| Bookmark|
August 12, 2022 3:13:30 PM
IPO Guru (1000+ Posts, 700+ Likes)
Applied 2 Shni of 33 & 22 lots.. One more Shni after Veekayem verdict & release of excess funds from my Zerodha account. Will apply most probably on 18th.
Avoiding last minute glitches, now almost tension free.
121.1. Trueinfo| Link| Bookmark|
August 12, 2022 4:10:34 PM
IPO Guru (1900+ Posts, 1700+ Likes)
@K. Atar, what's the logic of 22 and 33 lots. Only 14 lots could have served the purpose in sHNI. Once it's oversubscribed, allotment will be like retails. All applications from 2-10L in sHNI will be treated same. Allotment will be by lottery and not proportionate.
121.2. K.Atar| Link| Bookmark|
August 12, 2022 4:30:49 PM
IPO Guru (1000+ Posts, 700+ Likes)
No logic bro. And I don't require funds for few days so applied from all money in separate accounts. Money in bank will earn interest and money marked as lien will earn interest.
But as you reminded, next time - I will be careful.
Now a days problem witbh shni is that u will get 14-15 lots in allotment..... If it lists good then voila but if there is a discount listing and stock dont recovers in some time then people with limited amount will sell it in discount, and that loss with 14-15 lots can be quite big at times..... Think about holding 14-15 lots of lic or in case rainbow which took more than month to pass it's ipo value.... So it's a double aged sword....better to be in retail if u can't bear loss multiple of 10k ..... 10k of loss has much more psychological effect thn 10k of gain
Jethalal,stockoholic,ultrasnow,harit,learner SK, earthking,arjun rajkot,ipobull,eVA, avenue,checkmate,Dinesh Singh, suneel paravala,mravi,k.Atarji,ipomastana,lokes,sahukar,krupaji,arun,ipo analysis,pkraj,anantagg, aniket, noorul, Hostpacker, pRAce,eagle & owels eyes and all chitorgarh family members Should we go for apply or skip this ipo?
I will apply in sHNI/bHNI depending on final subscription figures on the last day, provided my funds are available. I am so happy to see sHNI/bHNI breakup and I expect huge HNI subscription only because of this reason ( I am not saying this is the only reason)...
116.9. pRACE| Link| Bookmark|
August 12, 2022 1:36:31 PM
Top Contributor (200+ Posts, 100+ Likes)
I am applying ff in all a/c.
116.10. pRACE| Link| Bookmark|
August 12, 2022 1:37:17 PM
Top Contributor (200+ Posts, 100+ Likes)
out of topic, but for information to all, i holded rainbow ipo and now it is alsmost 10% up so good finally
After a long time, a Mainboard IPO is open and I am sure the hungry investors who were waiting for an opportunity will invest heavily in this IPO.
Syrma SGS’ Sales revenue looks quite small in front of its listed peers, but it is showing better profitability. They are focusing on high mix low volume products and this is helpful in maintaining its profitability.
Syrma SGS is very strong in export operations. While the competitors Amber Enterprises and Dixon Technologies primarily cater to domestic customers, Syrma SGS gets nearly 43% of its revenue from sales to overseas markets. This is hugely positive for the company. For me this makes Syrma SGS attractive not just for short term but also in the long term.
I will definitely apply in this IPO.
114. sahab| Link| Bookmark|
August 12, 2022 1:27:17 PM
IPO Guru (1100+ Posts, 600+ Likes)
@lokes are you applying third party application in this ipo? because of linkin
Anyone know any banks that allow third party ASBA applications now? Indusind removed their Third party feature , and as of now only axis bank allows that, If anyone know please help, Thank you in advance
113.1. antarix| Link| Bookmark|
August 12, 2022 11:39:22 AM
IPO Guru (1200+ Posts, 800+ Likes)
SBI allows that through its YONO Lite app (not through netbanking). Up to 5 accounts can be added there.
113.2. Angry Alien| Link| Bookmark|
August 12, 2022 1:24:03 PM
Top Contributor (200+ Posts, 100+ Likes)