Tata Technologies Limited IPO Message Board (Page 121)

Go with 13 lots retail and 13 shareholder category
Allotment chances are night in both categories one lot each

If you want apply remaining IPOs
Means
gandhar oil
Fedbank fin
Ireda

Here you apply
One retail + 13 lots shareholder category

GMP : 340/342 ( 68 % )

On FIRE 🔥
348/349

From which site or app you checking GMP??

Sir how many share will I get in Bhni category 420 share or 2010 share if I alloted??

With 20,000 crore market cap Tatas have Not left much on the table because with 4500 crore topline market will give it around 26k-28k crore market cap.

Not expected this greediness from Tatas.

Yes, that is what proportional allotment is.
You can look at any recent SME BOA (as it still has proportionate allotment in HNI category).
Only catch here is that the max application size is 2-lakh, which practically means that max 1 lot will be allotted as I expected good over-subscription in the share holder category.

It's not SME you may compare share holder allotment of HDFC AMC and Ujjivan bank where shareholder restrict upto 2lakh only, you can't compare here also with SBI Card and Aeroflex because there no restriction for shareholder quota.

​@IEC @GrayIsTheNewBlack
​@newgen consultancy 

 Brother then estimating high subscription in SH category, do you think it is advisable to apply 13 lots in SH category ?

Or is it advisable to apply only one lot in SH category?

Pls confirm. Thanks in advance.

​@IEC My god! Hats off to you. Your awareness is just too good. Just checked the BOA's of Ujjavan and HDFC AMC. Excellent info.given by you.

​@IEC @GrayIsTheNewBlack sir then is here too it is like lottery in every category?? like if everyone is applying 13 lots in sh quota to maximise their chances , is it benefical to apply in 12 lots category , if there is any, to increase chances as there will be less people in that category and so on....

@newgen consultancy

​@IEC For Ujjivan Bank and HDFC AMC, the number of applications was less than 1x, hence, every applicant got 1 lot (few shares for the higher lot category).
How this will happen for this IPO as the anticipated applications would be much higher than 1x (say 3x)?
Is there any logic to apply for more than 1 lot in case the number of applications is greater than 1x?

TIA

​@IPOFreak @Manan Surana I think if application wise more than 1x then no logic to apply more than 1 lot here, but more than 2lakh application reserve for shareholders so it may subscribe below 1x application and in this case may be rest share alloted proportionate basis like retail not hni.

​ @newgen consultancy 
Sir, please guide us. There is lot of confusion over here about SH and retail. How many lots one should apply.

​@Dhairyasheel You can apply upto 2 lakh in SH and 2 lakh in retail, but, there is no point in applying 2 lakh in retail. Allotment ratio is same for 1 lot or 13 lots in retail.

So apply max in SH 13 lots and 1 lot in retail.

Hope this is clear..

Hi @Dhairyasheel and others, refer below share holder category allotment in Aeroflex. You can cleary see 1:1 allotment in higher lot application which indicates apply in max lot for better allotment chances in Share holder category.

​@Basuvr , Aeroflex didn't have a limit of 2 lakhs in SH category.
That is a big difference.
Cannot compare with Aeroflex here.

​@Basuvr kindly go through above post before commenting! @IEC has clearly mentioned that the shareholder category in Tata Tech IPO is not comparable to Aeroflex, yet you are commenting this.🤦‍♂️ I appreciate that you want to share info with others, but in that case please be sure of what you are sharing.

Above messages clearly say you can't compare Aeroflex SH and Tata Tech SH with reasons.

It only means that you have posted the message without paying any attention to the above messages in the thread.🤦‍♂️

Request all members to not post messages just for the sake of it.

Thank you👍

​@Basuvr I agree that applying maximum lots may still be beneficial but the reasoning provided by you is absolutely flawed since you are comparing apples to oranges.

​@Diligent IPO Learner I do read all comments before posting🙏, Anyway I would not compare it with HDFC AMC as application wise subscription of SH quota was just below 1x (SH quota subscribed 2.9x but application wise it was < 1x) and hence all valid applications got allotment with ratio 1:1

For Ujiwan, SH quota was oversubscribed just above 3x and BAO says 1:41 allotment ratio for 1 lot application and all other applications with 2 and more lots was with 1:1 allotment ratio i.e. 100% allotment of min 1 lot shares. Refer attachment.

For Tata, due to its brand and huge shareholders of TM, I am expecting more than 10x and considering above example of Ujiwan (Hope this comparison is good as per above messages, but out come remains same) and as well as Areoflex, MORE the lot we apply more are the allotment chances. 🙂

​@Diligent IPO Learner @Basuvr Yes more lot application benifial but SH category allocation is not like Aeroflex or SBI card which are directly proportionate.

What will be scenario when SH quota gets over suscribe Application wise (more than 1x) with all applying 2 lakh Application..

Also please let us know No of Application reserve for SH quota..

​@Jamnagar IPOholic appox 202000 application for share holder category.

​@IEC  And approx 30-35 lakhs share holder

​@IEC Thank you
Please also enlighten in case of Application wise over subscription (more than 1 time) with all applications being Max Amount limit (13 lot)..

How Allotment will take place in that case..?

This is incorrect. In hdfc amc ipo shareholders got proportionate and not one lot

​@PLAZA , Do you know if we can submit the buyback applications online in prostocks for minor ?
I remember one of your post related to this but not able to find at this time.
I have few shares in my sons Prostock account and wanted to tendor them.

Sir buyback ka matlab kya hota hai?? Kuch profit hoga kya TCS lene se??

Sir Bhni me 420 share milenge ya 2010 share???

​@GrayIsTheNewBlack Sorry dear neitner I m having any account with prostock nor any minor account as of now . Yes suggest me how I can open minor account of 2 months old grandson and which is better by your experience I.e.bank and depository etc ...

Unfortunately no

May depend on from which platform you bought... better wait for email from linkintime ... mostly linkintime will send mail to eligible shareholders soon ...

Who are dealing GMP they know estimated price .

Without knowing all the thinks you are coming to stock market is a big joke

The cutof price is 510 enjoy

Where did you find this?