Yes . Got allotment in 3rd party UPI in Go fashion. Also got in many other IPOs.
In Recent Go fashion : Upstox Upi - Phonepe-linked bank Axis ( Got allotment ). also in my relative using phonepe-linked SBI Bank getting several allotments.
still good one for retailers as other good ipo goes 80-90 times minimum 40 times but this will not go at least 40 times in retail i guess so allotment will be 1/22-25
yup but point is retailers will be happy by this....
264. Learner SK| Link| Bookmark|
December 3, 2021 4:14:37 PM
Top Contributor (1000+ Posts, 200+ Likes)
NII is subscribed 664 times which means, if one applies for at least 665 lots, he / she is assured of 1 lot. 665 lots means Rs. 99,75,000 (rounded up at 15K per lot). Let us assume, one borrows and invests, then interest cost at the rate of 7% pa for 10 days (last date of allotment to date of listing) will be Rs. 19K. And at the rate of latest GMP of Rs 420 multiplied by 33 shares a lot, expected gain is Rs 14K. Am I missing something?
I guess 7 days only..cause after allotment next day blocked amount gets released..so 12-13k cost..and return you can expect anything between 70-120% (most probably this value but nobody can be sure what will be the exact returns) so net return value can be 10-18k range..so obviously there are risks to even hvae a loss after loan..but generally heavily subscribed ipos get listing gain at least 10-20% more than gmp..so most probably ipo funding would land them in safer place.
263. mann mundra| Link| Bookmark|
December 3, 2021 2:01:09 PM
Top Contributor (200+ Posts, 100+ Likes)
HNI will cross 650 times .
263.1. mann mundra| Link| Bookmark|
December 3, 2021 4:05:44 PM
Top Contributor (200+ Posts, 100+ Likes)
hi I want to apply for the Tega Ind IPO through ASBA-Union Bank of India But I am not able to see Tega listed on the bank''s website whereas other IPO''s are visible
anyone facing the same issue? What do I do Regards
256.1. lokes| Link| Bookmark|
December 3, 2021 3:46:03 PM
IPO Guru (4400+ Posts, 5100+ Likes)
you are doing good job by posting these, but better keep 15 mins gap atleast or better keep replying to your one single post, that will be easily readable too.
Bid will be accepted in every case whether payment has been made or not. But, in case of failed payment your application will not be considered for allotment. Thankx