I have applied Tata Technologies in Retail Category 1 Lot. Also applied Share Holder category 1 Lot. My question : What is the chance of getting allotment in SH category, as i applied only 1 Lot & my friend applied 12 lots? For who maximum chance of allotment to Me or my friend ?? Your suggession is need pl.
1657. Nothing New| Link| Bookmark|
November 24, 2023 8:04:25 AM
Top Contributor (600+ Posts, 100+ Likes)
Dear Experts, I have already applied 13 lots in shareholder cat and I still have 2.5 lakhs, I am confused whether to apply 1 lot retail or 1 small HNI. Please suggest
1656.2. Venkatram| Link| Bookmark|
November 24, 2023 10:51:53 AM
Top Contributor (300+ Posts, 100+ Likes)
@Heisenberg I faced the same confusion yesterday and finally played the sHNI application instead of retail, with the idea that I might get 30 shares in retail in higher probability than sHNI without doubt but in sHNI if luck favours I will get more shares with much lower probability and my aim was to maximise stock allocation chances, I am using my 13 lot SH application as a backup to at least get 30 shares. Hope this helps you decide.
You can take a chance by applying in Shni catagory.. Allotment will be 420 shares if you were lucky.. So apply & forget till allotment.. Luck factor work after that.. Best of luck
1655.4. ValueSeeker| Link| Bookmark|
November 24, 2023 10:13:06 AM
IPO Mentor (1100+ Posts, 400+ Likes)
If app wise SH crosses 13x, which already might have crossed, then only 1 lot (30 shares), and that too by lottery.
1655.5. Nothing New| Link| Bookmark|
November 24, 2023 10:20:45 AM
Top Contributor (600+ Posts, 100+ Likes)
@ValueSeeker Lottery would be onyl for the ones who applied 13 lot applications? Or 1 Lot applicants too? I need to know whether an eligible shareholder who can apply only for 1 lot should apply as a Retail applicant or a shareholdr to maximize allotment chance?
1655.6. ValueSeeker| Link| Bookmark|
November 24, 2023 10:30:31 AM
IPO Mentor (1100+ Posts, 400+ Likes)
@Nothing New bhai, everyone will be able to participate in the lottery, but probability of allotment is generally highest for highest level applicants, i.e. 13 lots in this case. And then it tapers down. Please refer to Aeroflex IPO BOA for better understanding, which also had similar SH quota with proportionate allotment.
1655.7. MuStrFc| Link| Bookmark|
November 24, 2023 10:30:59 AM
IPO Guru (1900+ Posts, 1100+ Likes)
@Nothing New For every lot category be it 1 or 13 it will be lottery. Just that for 13 lots chances of allotment are higher. Further applying 1 lot in either retail or SH, allotment in both is very difficult due to the amount of over subscription in this
1655.8. Nothing New| Link| Bookmark|
November 24, 2023 10:59:23 AM
Top Contributor (600+ Posts, 100+ Likes)
@ValueSeeker Yes! Ofcourse. But looking at the current subscription, (13x Retail and 24x SH overall) would the 1 Lot category SH applicant have better than 1:13 chance of allotment?
Confused after reading many message. @newgen consultancy For share holder quota, should I apply 1 lot or 13 lot? I am also applying BHNI.
1653.1. ValueSeeker| Link| Bookmark|
November 24, 2023 10:32:33 AM
IPO Mentor (1100+ Posts, 400+ Likes)
13 lot SH application will have greater probability of allotment than 1 lot, going by past trends. Please refer to Aeroflex IPO BOA, which also had SH quota with similar proportionate allotment.
1653.2. Ascension| Link| Bookmark|
November 24, 2023 10:53:01 AM
Top Contributor (500+ Posts, 200+ Likes)
@rahulkrjain thoda scroll kar lo jawab mil jayega
In current situation There are 4 lane on a trunk road We think lane A is better But Suddenly lane B going fast In mid way You find lane C has more room You switch You find lane C is over crowded You go to lane D which is empty Again you switch to lane D But going ahead you find a roadblocks or "work in progress" At that timelane A to C are fully occupied
entire community of retailers are feeling the same
1652.1. Earthking| Link| Bookmark|
November 24, 2023 9:44:51 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Well said ... very apt for the current situation...
I completed all my app for all ipos by yesterday itself based on my guesses on final subscription ... but Tata tech subscription figures definitely bothered me a lot ... honestly not for my allotment chances in Tatatech IPO .... but worried about my future chances in the upcoming IPOs ... Anyway we have to accept and appreciate the fact that Lot of small investors will invest their time and money in share market because of this Tata Tech IPO ...
1652.2. jay here| Link| Bookmark|
November 24, 2023 9:50:19 AM
IPO Mentor (700+ Posts, 500+ Likes)
@harit Yes agree,sticking to the specific lane would always be beneficial :)
1652.3. ValueSeeker| Link| Bookmark|
November 24, 2023 10:11:27 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Pardon me for sounding philosophical, but I follow the message of Geeta - Do your karma (duty), and leave the rest to the forces or almighty. Whatever happens will be in your best interest, go with that faith in the forces. Even if you don't get an allotment or several allotments back to back, something better is lined up for you in the grand design. If nothing else, this thought gives tremendous solace.
That is a problem with Zerodha. If it shows withdrawable amount 210k and u request for withdrawal of 205k it will be rejected or lower amount will be released. I mean they show withdrawable balance but it actually becomes withdrawable balance after one day. This problem is not there in upstox
I don't know reply to your question. On Zerodha Kite app u can find..... Your account will be credited to your bank account by 2 pm on date... My previous message was regarding your comment that your request of yesterday got rejected
1648. VVIIPP| Link| Bookmark|
November 24, 2023 10:41:39 AM
IPO Mentor (500+ Posts, 400+ Likes)
Hii .. I have limited amount for applying. In following way ,I have distributed my money. 1. IREDA- 4 Lots Retail 2. Tata Tech- 4 Lots Retail. 3. Gandhar- 2 Lots Retail. 4. Flair- 2 Lots Retail.
I am beginning to think I should have skipped this IPO and applied in all other ongoing ones. I guess there were better chances of getting some bang for your buck…
APPLY FOR HUGE LISTING GAINS Long-term badme dekhenge
Valuation Rationale : It should Ideally list 75% gains So M.cap post listing comes at 36000 cr FY 24 PAT Expected Earnings : 870 cr
PE FY 24 Forward Earnings : 41.5
I can give TATA Tech a Forward PE of 48 times KPIT Is trading at a FE of 52 Still 20% scope left post listing
So Fair Price Per share : 1020-1050 2 More IPOs and 2 good SMEs coming so don't apply 13 lots in retail or more lots in bigger categories , so Capital will not blocked
@Sambhav Jain Allotment is going to be proportionate basis Jitna jyada lagaoge utna jyada milega
For Eg If you applied 1 lot and SH Quota is Oversubscribed by 25 times Then you will get 1 share surely Lot Size 30 shares If 30× 1 l share sure So try applying atleast 2 lots that you atleast get 1 share
@newgen consultancy Sir bahut confusion h ye nhi samajh AA Raha minimum 1 share allot hoga ya 1 lot allot hoga...sab keh rahe jisko milega 1 lot milega 1 share nhi milega please final confirm kr dijiye jisse mai apne sabhi account m 6 lot ki application dal saku
Apply through Gpay from HDFC bank account not showing mandate accepted in Zerodha account but from paytm and phone pay working fine..Is any one facing same issue..