HELLO sir, i want to open demat and bank account in the name of HUF . my purpose is apply for IPOs . i want to apply ipo through netbanking . i have earlier open huf bank account in hdfc bank but this bank not provide ipo application for huf online. so please suggest me those banks who provide this ASBA facility for HUF online . THANKS sir
87. K.Atar| Link| Bookmark|
November 29, 2021 8:52:52 PM
IPO Guru (1000+ Posts, 700+ Likes)
भारतीय प्रतिभूति एवं विनिमय बोर्ड (सेबी) ने 10 कंपनियों को आरंभिक सार्वजनिक निर्गम (आईपीओ) के माध्यम से धन जुटाने की मंजूरी दे दी है।
इन 10 कंपनियों ने अगस्त और सितंबर के बीच सेबी के पास आईपीओ से संबंधित दस्तावेज दाखिल किए थे। उन्हें 22-26 नवंबर के दौरान नियामक से आईपीओ के लिए ‘निष्कर्ष पत्र'' मिला
For this my options and simple and limited. I probably will skip Star Health and apply Tega with FF. Only thing left to consider is number game. Organizing funds till 3rd Dec and will apply...
Raising in corona number may spoil the Tega party.. otherwise a bread and butter kind of ipo for us.. will apply from both d accounts... If there is no more blood bath on Dalal street. 😐
I have been a silent follower of your discussions from quite sometime. They are very valuable, very informative & very knowledgeable. Thank you so much. Please continue sharing your views.
What do you think Tega IPO will do in the current bloodbath in the market ? Tarsons, being a good company, has given good profits. I expect Tega will do the same.
I will skip Star Health and apply FF in Tega. Even if the bloodbath continues in Secondary market, this will not list in discount. We have seen Tarsons case, even thought it listed Flat, it was up by 20%.
Anyhow, we can take final decision on 3rd Dec @ 2PM.
Star Health is a total avoid for me. Planning to go FF in Tega. Will decide on 2nd Dec after seeing initial response and market situations that time. More bloodbath expected next week in market due to deepening fears of new covid variant Omicron.
All members are most welcome to join HNI thread, we all have been benefited following this forum. Current scenario is simpler as compared to earlier complicated multi-IPO case where we all helped each other in gaining knowledge and fine points. Let us continue this good work of spreading and sharing experience & knowledge. I hope this is of benefit to all investors...
Star health is a straightforward AVOID for me considering the valuation and track record. Tega industries seems to be good considering the fact that I expected issue to be priced around Rs 400 but it''s still fine and there is still much steam left for the investors. I will apply with ff in this one irrespective of the market conditions.
@always lucky, Don''t worry too much about the market correction when you are applying a good IPO. Good IPO companies will stand. Go-ahead and apply ''Tega'', will list very good even if market not very supportive.
Is there any reason of our experts avoiding suggesting HNI, RII subscriptions figures for current IPOs, other than unexpected/unforeseen figures seen in recent past? Market was never straight line even in the past.
Because of this, novices like me are left to guess. My guess HNI around 400x unless Anand Rathi takes major self funded HNI share.
86.15. M.K.| Link| Bookmark|
December 1, 2021 11:27:00 AM
(300+ Posts, 200+ Likes)
@noorul Bloodbath in the markets is always tricky when applying FF in IPOs... The reason for that is the superb opportunities in the secondary market which can appear in such times. If I had funds free on the listing of Latent, I would have picked up a good chunk and would have earned much more than my GoColours allotment.
@AlwaysLucky We are lucky to have such experienced people here who take the time and effort to resolve our doubts and queries. I would like to thank them all too. As @MRavi said, never miss an opportunity to buy a good stock. The chances of this listing negative are Remote... I say remote cos SBI Card listed negative due to the mkt crash... But a good stock will always bounce back. Kachra will sink lower and lower and become compost in the end. 😉
These days i think its better to go wd flow and don''t look deep down in fundamentals and balance sheet of a company (if one is looking for a good listing gain). Last time also many people here skip Go color over tarson becaz of valuation and future prospect issue.. but in the end Go colors folks had a last laugh.. so for me this time again Tega is a no brainer ipo.. with 80% of Gmp.. applying with FF.. Do let me know about other hnis folks strategy .. Do they hve some sort of interest in Anand Rathi with 25% Gmp..?? R u thinking about split of fund to apply in both.?? As of now My take is to go with Tega from both the acc.. becaz Tega fund can b used for Rategain.
I''m also not totally sure. Same confusion as you.... All in for this or keep some for Rathi?
Guess I shall wait till 2pm of the last day and take a call. My general tendency is to go all in for the better one.... But if it goes above 500x, then I might scale back and apply some in anand rathi. A 100x HNI in AR will yield more than 500+ x of Tega. Still let''s keep a Track of the GMP and keep our ears to the ground.
@noorul Its the difference in view point amongst the investors - some want listing gain only whereas others prefer to have fundamentally strong stocks and keep it for long term. I too had applied in Tarsons as its a good long term stock. I went for go colors in retail category only for listing gain.
Comparing with Latent as it has similar issue size and expected to match applications.... In latent retail was oversubscribed by 111x and 1 out of every 80 retail applicant got the shares. If Tega matches Latent in terms of applicants, then retail will be 29x and 1 out of every 23 retail applicant will get the shares....
If we look at Tega HNI applicants. If Latent is matched in NII as well, then Tega will see 840x NII applications and 2 out of every 9 NII applicant will get the allotment (overall ratio of NII).
Continuing with Latent analytics allotments, If one shifts from retail to HNI, then of those who apply for the lowest possible HNI lots i.e for 14 lots, 1 out of every 61 applicant got the shares (somewhat better than retail ratio of 1:80) Moreover, if we exclude HNIs who applied for 14-20 lots, then the ratio sees an improvement and 1 out of every 3 applicants got the allotment. So, it makes sense while applying in HNI, if you are unable to match the oversubscription figure for a confirmed allotment, then apply for more than 20 lots from multiple accounts after applying the max u can from 1 account. Divide your funds accordingly. Moreover as is a basic rule never apply for more than 1 lot in retail category for a highly oversubscribed issue. If you can apply for multiple lots, then apply for more than 20 lots in HNI (of course the higher the better), you will surely hit bulls eye in one out of every few such applications.
@ObserverEye with regards to your basic rule, I got zero allotment from 480 lots in latent and got 1/6 from my retail applications... So, in the end Lady Luck has to smile on you too :)
@M.K grt sir, you were damn lucky .... and yes, when you get successful in 1:80 ratio, of course lady luck has to be on your side. Agree completely. BTW My basic rule of NOT applying for more than 1 lot in retail still stands.... And Mathematical probability still tells you it''s better to apply in any HNI category rather than applying for 13 lots in Retail category.... Not many can be lucky like you sir.... 79 people were unlucky to make you lucky . For me all I have got in retail are shares like GLS, ABSL, Krsnaa etc. Even in Tarsons I did not get in 1:2 HNI ....So the lady of luck doesn''t seem to be interested in me.😥😥 I have to rely on proper mathematical chances to score.🧐
@Noorul - Personally, I''m entirely favorably disposed towards Tega, completely discounting ARW and Star and find RTT ridiculously expensive. But given the 30-40% GMP of RTT, are you encouraged to split between Tega and RTT? Or going FF in Tega?
@ Neo.. I will apply in Tega with full force ..Star health hve no charm left if talk about gmp n most probably it will list in discount.. only desperate retailers r participating in that issue and among those many won''t accept the mandate in last.. Talk about AR.. as i said his brother Suresh rathi is my broker.. but der is no place of emotions in business.. so i m giving it a miss and in no mood of split d fund.. In my opinion anyone with limited fund should not split it.. becaz Tega hni will cross 450x.. Retail cross 30x.. and as my assumption Tega gmp will b 100% in coming days.. so Tega is must go ipo amoung this 4. Talking about RTT.. its completely from a unique sector and hve no listed peer.. as per my knowledge market these days love such stories.. n also rewarded them on listing.. Although company is in loss but its also a fact this days loss making company gives more return to investor. I will apply in RTT if its gmp sustain.. and yes for me der is no point of unblocking of fund issue .. becaz Kotak always unblock d money vary next morning of allotment. Hve sold all the last month alloted ipos .. and now keeping my wallet high to get couple of big fishes.. so year will end on a Top Note.
86.28. Eklavya| Link| Bookmark|
December 2, 2021 10:26:59 AM
IPO Mentor (900+ Posts, 400+ Likes)
@ Eklavya.. yes mate i sold latent too.. at 200% profit.. what else i want from ipo. And yes i feel latent will b in 4 digit with a span of one year. @ Dinesh.. For Tega is next to impossible to repeat latent story.. latent had a gmp of 180% on other hand tega have 80%. Anyways missing hnis today. Sdz, lokes, mravi, niteen, trueinfo, samjos and others .. where r u guys arranging fund or what ??
As I wrote earlier it is simple for me this time. I am going FF in Tega, may apply in retail for AR if subscription is ok. Only thing to see tomorrow is final HNI figures and decide whether to go for 500, 50 , 30 lots applications or 350, 200, 30 lots (I can make 3 HNI applications).
@MOG I agree with you about different in view point among investors about listing gain / long term goal. But having applied in Go Fashion still has given everyone more profit over Tarson. I agree that Tarson may be an even better company than Go Fashion but Tarson can still be bought at almost offer price 662-676 any anybody likes to hold for long term whereas on the other hand buying Go Fashion now will cost us double 690-1260.
@Noorul - Interesting to learn about Kotak and how swiftly they release capital. I''m with SBI and since the past few months they''ve been a bit slow with the release.
Either ways, I''m going FF in Tega!
And except for your enthusiasm for RTT, agree with everything that you say. For me, buying into IPO''s is for the long term! Keep minting!
Will apply for the first time in HNI category and join the big boys. My max funds available are for 20 or 21 lots as my funds are invested in the secondary markets long term. Any suggestions, I will be applying from icicidirect during market closing hours
@noorul ji..if anybody bids lower than cap price in hni category..is there any chances to get any lot? suppose price range is 400-410 and total subscription is 500x and I bid for more than 500 lots but at 400 or 405 price..would i get any lot?
@NeoLonges... ICICIDirect is equally quick in releasing funds. I have never faced any issue with ICICI, at least related to refund.
Will consider RTT later seeing market state and response, especially at it is not effecting current two IPOs. and yes I am 100%sure my ICICI Tega fuds will be available to RTT.
Can anybody suggest some more concrete HNIx estimates.
86.38. ObserverEye| Link| Bookmark|
December 3, 2021 10:45:00 AM
IPO Mentor (700+ Posts, 500+ Likes)
For Tega issue, since retail has 35% allocation, it is better to apply in retail than applying for less than 50 lots in HNI. The ratio it seems will be better in retail than in HNI applications less than 50 lots.
I have lot capacity of around 130 lots. I think that no use applying in Tega in HNI as subscription will be much higher. So thinking to go with Anand Rathi with HNI application and Tega in Retail. Only prob is i won''t be able to use AnandRathi money in Rategain.
Any other suggestion?
86.41. lokes| Link| Bookmark|
December 3, 2021 11:39:06 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: i was too much busy yesterday in office work, couldn''t login here :) i am thinking HNI in tega will go around 300-350X. As per current GMP (less than 100%), doesn''t look like it will go much above 400X else won''t be a good deal for funded HNI''s. @NKJ: you can apply in tega itself for all 130 lots, you may be allotted if lucky (chances are 1 out of 3 approx) and you will have chance to use money in raingate too. Tega if allotted will give good reward without any risk, while anand rathi has little bit of risk with it in HNI applications. @unleashed : with 165 lots, you can be below/above 50% category, anyways leave that, better you apply with all 165 lots in tega. Don''t change lot number.
even mapmyindia ipo is set for 9th to 13th dec... I think go for retail in TEGA, and wait for more clarity on other IPOs... this is a period where we have to take smart calculated risk
@NKJ.. if I was you, I would still have applied 130 lots in Tega IF I was sure of it''s money being available for RTT. I personally think RTT has better prospect as compared to AR. Even if I do not get Tega I can still apply in RTT.
For funded HNIs the cost of funding @400x----Rs.347....per share total price= 800 @500x----Rs. 434.....per share total price=887 @600x----Rs. 521.....per share total price=974 @700x----Rs. 608....per share total price=1061 Considering its expected listing around 900, doesnt make sense if HNI goes above 500x. But HNI these days are prone to surprises. Still I think the QIB/NII/Retail will be 150x/450-600x/27x
86.46. lokes| Link| Bookmark|
December 3, 2021 12:18:13 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@iamnimitshah : we can use tega money in mapmyindia, we will skip raingate then, but no point in skipping tega in HNI. @MOG: you pasted in other thread, am replying here. for tega, HNI with 20 lots and 1 retail application will have approx similar chances so better to go in all retail applications use extra fund in other HNI application to fetch more shares on proportionate basis or you can go in smaller HNI for above 30 lots like 30 or 40 or 50 etc if you wish in one application. @NITEENIPO: all the best :)
@lokes Yeah by mistake posted in another sub-thread, so posting it here for others.
Mapmyindia and Data patterns are good ipos based on financials and their respective sector.....would choose these over Rategain. Hopefully these 2 don''''t clash. As for Tega Industries, i''''ll go ffin my primary hni account.
@Lokes Noorul I have a secondary account with hni capacity of 24 lots so what would be beneficial - hni or retail. Have to check out the hni oversubscription during last hours to decide. If hni is the way to go then how many lots should i go for? Most of the people go for 14 lots and some go for 20 lots.
@M.k Jai-veeru ki jodi chalti rahe.........Before applying in HNI, do discuss the lots you are applying as there is a high chance of heavy oversubscription over 500x and both of us apply for approx 450x. I want our subscription lots to be unique so that both of us get allotment.
I have funds for 263 lots should I round up to 250 and apply? or keep 263? Please suggest
86.51. lokes| Link| Bookmark|
December 3, 2021 12:52:28 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Fake Investor: you wont be allotted any lot if you apply at lower price band no matter how many lots you are applying, you need to apply at highest price band only. Like in tega you need to apply at 453 rs price only for any chances of allotment. @shareHunterz : keep it 263 only or anything like 261 or 262. Don''t go for 250. @mvsmr : normally it depends on bank to bank about this HNI application edit , some allows smoothly, some doesnt allow it. i have experienced both. Some allows only after application executed at exchange. you can keep trying till 2pm in SBI ASBA and later let us also know your experience for knowledge sharing. @avenue: All the best, anyways you would be allotted for sure.
@mvsmr I dont think revising of HNI application is allowed anywhere. @hunterz... My suggestion would be to go with 260 lots. Experts can advise better though
@observereye HNI application can be edited provided that you are only allowed to increase the bid quantity....cancellation and lowering of bid quantity is not allowed. Regarding 263 lots application, it''s totally a gamble. If subscription is less than 526 lots, and his application is unique, he would get 1 lot. If subscription is more than 526 lots, it would be better to go for common, round-off lots like 250, etc as he wouldn''t want to be the unique applicant.
@ fake investor.. u can''t as lokes explained.. @ iamnimit.. tega fund can b easily utilised for rategain or mappy.. so der is no valid point to avoid tega and in retail tega will b very very tough. @ mog.. i guess 20 quite better than 14. Chances r very remote though..
I have applied 274 and 387 lots .. so anyone here i reqst not to apply same number of lots else we both will b in lottery.
I would still like to learn about odd lots funda. It is like when you have application size > 50% of total subscription in HNI category, apply some odd lots (like 202, 201 and not rounded off lots like 205, 210, 250 etc.) to stand uniquely?
Thanks @lokes, @Avenue, for your guidance. Only reason I was think to go in retail for Tega is that my 130 lot application will be far below HNI subscription.
@avenue...just for my knowledge...why you will apply for 50 lots in HNI when the subscription is so high...wouldn''t 1 lot in retail is a better option than 50 lots in HNI?
in the 41st comment of this thread, I have told that 600x looks doable... and 700x looks tough... I think TEGA is on it''s way to 700x considering that 300x is done by 1-35!!
@MOG Sure, just shifting funds between accounts. Will post the message at about 2.30 pm. Is baar, Jai Veeru dono ko milna chahiye 😉
86.64. sdz| Link| Bookmark|
December 3, 2021 1:53:31 PM
IPO Guru (1200+ Posts, 500+ Likes)
Bbye HNI application.
450x+ and running towards 700x+.
So Just 2 retail lotteries 😂
86.65. lokes| Link| Bookmark|
December 3, 2021 1:56:16 PM
IPO Guru (4400+ Posts, 5100+ Likes)
this is going too much, even if stock list in double and subscription goes around 600X suppose, then it wont be a good deal for funded HNI''s, right @iamnimitshah , no idea why they are going so much for this company even, latest was different things anyways. In goclours/tarsons, it was proper subscription as per estimations, but in latent it shooted up too much and lets see now in tega, if its crossing 550-600X then not a good deal for funded HNI until stock lists above 1000.
@unleashed : please change your bid to 170 lots if possible. @shareHunterz : please change your bid to 260 lots if still not applied or increase to 270 if possible if applied.
86.68. lokes| Link| Bookmark|
December 3, 2021 2:02:00 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@sdz: i am also thinking same now for tega. To skip in HNI and apply from all retail applications only. Better i will take chances in anand rathi then in HNI, that may give more percentage returns as per investment, in compare to tega.
Yes definitely 600x and 700x not good for funded HNIs.. Did not take loan for this one as I was already expecting 500x from the very beginning ;-) Going all retail in this one...
regarding the company, I think this one is really very good and listing in 4 digits (220%) can very well be possible... we have seen sigachi list at 285%
@lokes it doesn''t let me edit right now as the bid is not yet submitted on exchange. It will allow once the bid is submitted on exchange (but I doubt as the application window would be closed by that time). Let''s see what happens.
Thanks for your support :)
86.71. Krishnaji| Link| Bookmark|
December 3, 2021 2:18:13 PM
Top Contributor (400+ Posts, 200+ Likes)
all 6 retails in, My guess HNI shud settle around 750X Have 190 lots amt ready...will take decision @ 2:50pm and what mood is :)
@lokes, even though there was ''Edit IPO'' tab in SBI ASBA, I couldn''t increase my HNI lots till 2 pm, by mistake I have applied for only 100 lots instead of 200 lots. Hope I may get the allotment in lottery It seems the ''Edit IPO'' option allows to increase/delete in retail only.
86.73. lokes| Link| Bookmark|
December 3, 2021 2:20:47 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@iamnimitshah : ipo price is 453 so even 200% means triple times means 1350 rs listing, unlikely i think, lets see anyways. @unleashed : which is your bank btw ? @noorul: you applied here? and how many lots? i think you might have applied already even if subscription crossing 600-700X since your kotak bank allows upto 2pm only
@lokes IDFC FIRST Bank. I have edited it to 170 lots now.
just like @unknown I am also interested in understanding why 170 is better then 169 or in general why round figured lots are better and not unique bid when our application size is < 50% of total HNI subscription?
86.77. lokes| Link| Bookmark|
December 3, 2021 2:32:27 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Unknwon: you can check this reply. Don''t think much now. @unleashes: yes right as you said below in your comment. for less than 50% bid, round off lots are better to get companions for sure. Remaining all depends on luck/co-applicants.
"I would still like to learn about odd lots funda. It is like when you have application size > 50% of total subscription in HNI category, apply some odd lots (like 202, 201 and not rounded off lots like 205, 210, 250 etc.) to stand uniquely? "
@Lokes, I applied yesterday for 323 Lots thinking subscription will be around 500X. Looks it will cross 700X, should I increase my lot size to 325 Lots to make it round figure as my chances will be less than 50%.
As all bids are considered not just at cutoff the real number is very different TEGA at ~2pm NSE Data. Actual subscription at cutoff was x9.6 whereas all bids was x152. Is there something I am missing?
Total Issue Size 95,68,636 Total Bids Received 1,45,50,36,396 Total Bids Received at Cut-off Price 9,22,31,997 No. of times issue is subscribed 152.06
83. K.Atar| Link| Bookmark|
November 29, 2021 11:48:02 AM
IPO Guru (1000+ Posts, 700+ Likes)
In these turbulent times and resurgence of new variant of corona virus, it is highly unlikely that any GMP can survive till listing. Need to be very very cautious for few days/months. Even tega gmp may erode if the market slump continues.
Tega is one of those companies which you must hold for long term. If lists below issue price, golden chance to accumulate.
83.2. K.Atar| Link| Bookmark|
November 29, 2021 5:12:47 PM
IPO Guru (1000+ Posts, 700+ Likes)
@honey bear, sir.. looking forward to it, and sincerely considering your suggestion. but do you have any idea why and what is happening to latent view. before it was going up. and now sharply declining. its not even stabilizing
83.3. K.Atar| Link| Bookmark|
November 29, 2021 5:13:29 PM
IPO Guru (1000+ Posts, 700+ Likes)
@K.Atar Sir Latent View Is Falling Because it is Trading Way Higher Price Than Expected currently it was trading at 130+ PE compare to its peer company Happiest Minds At 105+ PE ( Happiest Minds is far better company compared to Latent View ) And Any IPO stock usually takes 2-3 Weeks to settle.
83.5. K.Atar| Link| Bookmark|
November 29, 2021 6:32:03 PM
IPO Guru (1000+ Posts, 700+ Likes)
@ Param,, thanks brother, appreciate the response,, i have invested hugely (accumulating from sec mkt) in LView so that''s why i asked the que. Hope it doesn''t decline much in few days
From the last three fiscals, they have posted profit. For the first quarter of FY22 ended on June 30, 2021, company has earned Rs.11.88 crore on a turnover of Rs. 179. 39 crore.
*SEBI Approves National Stock Exchange IPO At Rs 2 Lakh Cr Valuation! (Launch Date, USPs)*
The Indian equity exchange National Stock Exchange (NSE) will likely roll out its initial public offering shortly, in the upcoming weeks.
Market regulator body Securities and Exchange Board of India (SEBI) is all set to allow the exchange to re-file its prospectus for the share sale.
If given the green signal by SEBI, NSE’s IPO launch will become the country’s biggest IPO, as it will likely value at over Rs 2 lakh crore.
The move for NSE will be a highly-awaited one, as the bourse had initially filed for the IPO back in 2016, followed by in 2019.
*A Snippet into NSE’s IPO Launch*
The bourse had initially applied to file for the IPO in December 2016.
However, SEBI’s current chairman Ajay Tyagi had taken charge only two months prior to this and he ordered SEBI to withdraw its filed documents as the regulator had gotten involved in the algo trading scandal.
An investigation was put into place by SEBI on the alleged data theft and preferential access scam at NSE co-location servers.
Later in 2019, some senior NSE officials were charged by SEBI on allegations of lapses in its co-location trading systems that gave advantage to a select few, and SEBI ordered them to pay over ?1,000-crore disgorgement amount, states BL.
However, legally now, the court has given no stay order on NSE’s proposed share sale. So in legal opinion, NSE can refile its prospectus
Additionally, the senior NSE officials against whom charges were pressed by the SEBI, are no longer in the bourse.
*Valuation of NSE IPO*
NSE’s shares are being quoted currently in the range of Rs 3,000- 4,000 per piece, while its price to earnings ratio is in the range 80- 100 in large private deals, which is only 38 for BSE.
NSE IPO is expected to be priced in the higher PE bracket, state experts. As of March 2021, the operating income of the bourse rose by 60% to Rs 5,625 crore on a YoY basis, while the net profit incremented 89% to Rs 3,574 crore compared to Rs 1,885 crore in the previous year.
Expected subscription is 300x+ in HNI so if you have 50 lacs to block...you are fine .. Or else go for multiple applications in retail. Which will require less amount to block and increase your chances of allotment. Retail is expected to go between 30-50x. Gmp is 79% @320 over 453
Speaking from the past ipo experience and gmp numbers... I''m pretty sure 40x is minimum...... And don''t worry about the market, if there is a seller there''s always a buyer.
@monster i respect your experience but retail application never crossed 45 lakhs mark at 40x retail it will almost reach 58 lakhs application it then it would be most subscribed ipo by retailers in history of indian markets
@monster, Latent view that broke all records n retail was 119 x had received abt 48 Lakh retail applications. If we take same no of app in Teja which is highly unlikely, the retail will end up around 32x. In all probability retail will be much less then that...
74.8. lokes| Link| Bookmark|
November 28, 2021 10:29:48 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@monster: while calculating/guessing retail/hni subscription estimates, take note of retail portion and retail/hni amount(size) available for that ipo :)
I also calculated it at approximately 33x, but as the number of demat Accounts is just rising rapidly. I gave the range of 30-50X ....but we''ll see the final numbers on 3rd December.
@monster zero sir you are sure for 40x in retail and retail portion subscribed 24x ( on the basis of application )
74.12. SamJos| Link| Bookmark|
December 3, 2021 6:27:41 PM
Top Contributor (500+ Posts, 100+ Likes)
If you have fund, best of both the world strategy is - to apply one lot as RII in all max. possible demat/pan accounts except one, in which you apply rest of fund as HNI. This hold true for any subscription figures.
73. Unknown| Link| Bookmark|
November 28, 2021 10:45:12 PM
Top Contributor (400+ Posts, 100+ Likes)
@monster for 40x retail subscription total no of applications required are around 58 lakh (about 216 cr reserved in this ipo for retail) which is not happened till now even in latent view application wise retail no of applications are around 38 lakh (about 60cr reserved for retail in LVA)
72. Grow India| Link| Bookmark|
November 28, 2021 9:11:32 PM
Top Contributor (300+ Posts, 100+ Likes)
@Team Chhitorgarh
Ipo detail me after ipo market capitalization bhi show ho to estimate lagana thora easy ho jayega.
Or fresh issue ke case me or OFS ke case me market capitalization kaise calculate karte hai.??