I got 2 lots ( One from each PAN / Accounts) out of 6 Accounts in GR Infra & Clean Science. Although applied for full retail quota from each account for both the Companies.
So my humble question is whether I should apply 1 lot from each account or up to the full retail quota of 200000 in TATVA CHINTAN PHARMA, which is the best option to apply?
Better to apply for 1 lot. Though you apply for full capacity, since all IPOs are getting over subscribed multiple times there will be lotterry and lucky ppl get 1 lot(per PAN number)
127.2. lokes| Link| Bookmark|
July 16, 2021 3:11:38 PM
IPO Guru (4400+ Posts, 5100+ Likes)
apply only 1 lot from each account in retail, no need to put 2lakh bid in any account since you will get only max 1 lot and either you apply 1 lot or max lot in retails, chances of getting allotment will be same in both case... And if you have money then you can apply around 50 lots (7.5 lakh) from any single account in zomato in hni category to get confirmed allotment there....
Chances for allotment in Zomato will be more but less profit to none on listing day. And for Tatva- chances of allotment will be very very less because of high demand & over subscription, but higher GMP will see profit much more on listing day. Choose wisely :)
126.3. P Patel| Link| Bookmark|
July 16, 2021 12:09:20 PM
IPO Mentor (900+ Posts, 900+ Likes)
Zomato - Chance of allotment is high. Little gain compare to Tatva on listing. But good for 2-5 years of horizon. Tatva - Allotment is very tough, but good listing gain. Also good for short term to long term as well.
Chance to get allotment in Zomato is more than tatva but listing gain maybe less in Zomato as compare to tatva.. I got allotment in clean so now i am in same situation as your but i am applying in tatva..
Go for Tatva Chintan and get profit if you will get allotment, Zomato is loss making company and there is also doubt it will gain or not in now and future also because there is another company who is coming in food delivery system that is amazon and they have already started in Bangalore for delivering food.
125. Eagleye| Link| Bookmark|
July 14, 2021 11:01:34 PM
IPO Guru (6600+ Posts, 22000+ Likes)
I am a novice in the field but considering that its earning is 50cr and its aiming for value of 2500cr gives it PE of 50. Going by the GMP, its PE will be even higher. At best I feel one should book profit on listing and exit.
Guys,i have an question... Does any of you guys ever applied for more than one lot and got the allotment? And should we apply for one lot or more than one lot in highly subscribed ipo? Plz reply..
New here. How I can check the whats the size of retail, QIB, etc of this IPO. Can I apply as retail and HNI both? I checked I can apply as HNI from net banking, any other things I should consider. I am considering HNI just to increase allotment chances, any other ways to do that?