Techknowgreen Solutions Limited IPO Message Board (Page 2)

Heard 4-5 Rs GMP through some brokers.

Same here sir
I've also applied 1 retail
Hoping for allotment in this

Best of luck to both of us then...🤞

3 of us 😅😅

I accepted 2 more mandates at the last moment, around 04.58 PM.
So a total of 3 Retail apps were there.
Allotted in the last one, not in the other two apps.

So,
1 Retail allotment here in Techknowgreen Solutions IPO

@JAI JAI GARVI GUJARAT and @Agrawal S 
What about you guys?

None for me.. 😞
Streak continues.

Congratulations for your allotment .
Was not expecting it to come early.

​@Agrawal S 
Best of luck for the next IPO.

Thanks.
Now a days, these registrars are fighting for early allotment as anyways in few months, this T+3 will be compulsory so why not start doing it from now only.

Congratulations GJ Bhai & wishing good profit on listing day
I ain't allotted here will participate in next ipo 👍

I feel SEBI approving more IPOs just to keep registrar one their Toes. Going to be crazy seems.

Congratulations. Any news about GMP?

Holding allotted lot

@JAI JAI GARVI GUJARAT , @W. Buffett 
Thanks.

@Agrawal S 
😅

Yh Techknowgreen wale abhi bhej rhe h non allotment msg and email..acha hua baat diya..nai th pata hi nai chalta humein th 🤣🤣🤣

how about further after big changes today ??

​@DNM 
What big changes you are talking about?

FYI...
I am still holding my allotment and will do the same for some days atleast.

Morning sir,
I have just seen qtys changed a lot between hands on oct 4.

Anyway i have exit yday at UC

Same here Anil ji. Aapki aur meri thinking same hai..

@sanchit bhai, 
Yes our thoughts matches 😁
I am from Bangalore aur aap kaha se hain..??

Was busy but able to apply 15 lots HNI, thanks to zaggle timely unblock. Good luck all daredevils, good sector, should list well

Confirm allotment for you

Not confirmed. Total subscription is ~13× . It will be lottery, but chances are more than 60% .

But here HNI is 9x
Even if few shares are transferred to retail category I am assuming that HNI allotment ratio doesn't change, as have seen it in other IPO's BAO.
Anyway let's wait for allotment

​@Basuvr , what @Trueinfo Sir is saying is correct.
In fixed priced IPO's if the retail subscription is more than NII, some portion of NII shares are transferred to retail.
So, probability of allotment in application is about 60% (8/13).

​@GrayIsTheNewBlack Sir, may be I am wrong, but what I have seen is that even after share transfer the ratio doesn't change

Eg. Sahaj Fashion
Retail - 11.72x
Other - 3.78

Share transferred 12,40,000 from NII to retail

Allottment Ratio
Retail 94:693 -> 1:7.37
NII with 2 lots 71:264 -> 1:3.71

​@Basuvr , I'll try and explain.
See in HNI application you need to apply for minimum of 2-lots, but in most of the oversubscribed IPO's you'll just be getting one lot.
So, in the above Sahaj case after the adjustment the oversubscription will be same in Retail and HNI category.
Approximately ~ ((11.72 + 3.78 )/ 2 ) => 7.75

Now, each HNI application is worth minimum 2 lots but will be receiving just one-lot.
The allotment ratio for a 2-lot applicant will approx. be => 7.75 /2 => 3.87 ( approx. 1 in 4 will receive allotment)
The allotment ratio for a 3-lot applicant will approx. be => 7.75 /3 => 2.58 ( approx. 4 in 10 will receive allotment)
The allotment ratio for a 4-lot applicant will approx. be => 7.75 /4 => 1.93 ( approx. 2 in 4 will receive allotment)
The allotment ratio for a 5-lot applicant will approx. be => 7.75 /5 => 1.55 ( approx. 2 in 3 will receive allotment)
The allotment ratio for a 6-lot applicant will approx. be => 7.75 /6 => 1.29 ( approx. 10 in 13 will receive allotment)
The allotment ratio for a 7-lot applicant will approx. be => 7.75 /7 => 1.10 ( approx. 10 in 11 will receive allotment)
Firm allotment for a 8-lots and above applicants.

If we apply the similar logic to Technowgreen solutions. Final oversubscription is 13 times.
And my lot size is 8.

Ratio of allotment will be 13/8 => 1.625 ( approx. 10 in 16 will get allotment)
Which is roughly 60%.
Hope this clarifies.

​@GrayIsTheNewBlack Thanks a lot Sir 🙂for the detail clarification and more thanks for the valuable time taken to draft it.🙏

Probability of 60%, didn't work in the favor.
Not allotted in 8-lot HNI application.

How many lots should we apply in HNI category to get confirm allotment?

i am applying here 3-4 retail applications.....company is looking good to me to hold for sometime....

​@lokes  Thanks Dear for timely sharing your views always.

Most awaited reply from Lokes. Thank you.

Positive reply from Lokes, now subscription will fly 🙂

Applied 2 retails

Applied 3 retail applications....subscriptions has increased in last 1 and half hour so allotment won't be easy here also....allotment will happen with 12.5X subscription in both hni and retail.....
lets hope for some positive listing here, rest depends on operators in short term.