ONE PAN NUMBER TWO DEMAT ACCOUNT ONE FOR SHARE HOLDER CATEGORY THE ANOTHER DEMAT ACCOUNT FOR RETAIL CATEGORY AMOUNT WILL NOT EXCEED TWO LAKHS IS IT CORRECT TO APPLY LIKE THIS. PLZ CLARIFY
Refer to RHP pg 343 - In the event the number of Eligible UFSL Shareholders who have submitted valid Bids in the Issue is more than Maximum UFSL Shareholders Allottees, the Eligible UFSL Shareholders (in that category) who will then be Allotted minimum Bid Lot shall be determined on the basis of draw of lots.
In case of shareholder cat if it gets oversubscribed then please apply only 1lot like RII cat as the basis is draw of lots only. Use the fund efficiently and save interest cost.
NBFC Book worth 30000 CR is ready. I urge all big Retail Friends to apply in HNI Rather than putting 20 application in Retail and Get Nothing Take a chance to apply in HNI Retail will be more than 30X or even More Better Go for HNIs
All Dear Big Retail Friends Apply In HNIs it will be Beneficial.
Many Top Funds From America Kuwait Saudi Japan And Some European Funds are Interested in this.
207. Aniketiaf| Link| Bookmark|
December 1, 2019 3:40:37 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Goods and Services Tax (GST) revenue collection crossed the Rs 1 trillion mark after a gap of three months in November with the revenue growing by 6% to Rs 1.03 trillion in the month.
The positive growth, a possible sign of recovery, has come after two months of negative growth.
Will it act as a sentiment booster after poor GDP show.........
Gst fy 2107-18 gst audit due date was there in the month of nov & dec....so shortfall gst if any earlier paid is being paid now... This is the reason for excess collection for the month of nov...same trend may follow in december also....mrkt condition is as it is....have huge expectation from finance minsiter for further dooster bose to emcompass economic condition.....have full faith on this bjp leaders....in upcoming budget ddt will be reomved and even cap gain tax rates may be slashed...
206. Eagleye| Link| Bookmark|
December 1, 2019 12:54:36 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Ujjivan SFB IPO
GMP 23.75 +/- 0.15
206.1. Rkg| Link| Bookmark|
December 1, 2019 5:50:33 PM
Top Contributor (500+ Posts, 200+ Likes)
You have been giving estimates of oversubscription of various categories. So it is clear that in case of oversubscription, it is prudent to apply for 1 lot only for general retail. Same thing for shareholders category also. But , pl. let us know whether this sub category is also estimated to oversubscribed. Thanks
Looking at the grey market price, if it actually happened on the listing day, then the m-cap of UFSB will be around 9300 cr... Which is more than double the present day value of parent company UJJIVAN FINANCE, So, in my opinion buying the parent company could be more rewarding as you are not dependebt on ipo allottment..
1) Under the shareholder quota, we can apply for 14 lots x 400-shares/lot x Rs.35/share=Rs.196000/-. 2) Under the normal RETAIL quota, we can apply for 13 lots x 400-shares/lot x Rs.37/share=Rs.192400/- So, friends, kindly allocate Rs.388400/- in total to apply in the above 2-categories. Thanks.
Apply 1 to 2 lots in shareholders category as shareholders category is going to be subscribed heavily, there are around 54000 lots available for shareholders and there are around 1 lakh + shareholders are eligible. but the strategy can change depending on subscription , so wait till 3rd dec, to decide...
203.4. dpcdsl| Link| Bookmark|
November 30, 2019 8:49:14 PM
Top Contributor (400+ Posts, 200+ Likes)
@Small Investor
Apply one lot of 14,800/- in RII and remaining in 'share holders' category, i.e. 9 lots worth 1,26,000/-.
Hello Mr.Amit K Singh, I HAVE NOT GIVEN any wrong guidance. I only suggested to the people that what is the maximum amount they can apply. Then it is left to the individuals to decide. Thanks.
As an expert, you shouldn't leave anything for the individual to decide. When you know for sure retail is going to subscribed by more than 30 times, retail category application must not be more than 1 lot.
I have demat with trade smart. And i applied in CSB ipo thru sbi asba. Neither ii got mail confirmation nor fund blocked in sbi account. Why this is do. However my hdfc demat working fine for same ipo application. Experts ur openion.