lokes,@Noorul , Happy to see you guys making big profit in recent sme ipo.can you pl guide us how to sell sme allotment ? We are selling most of the allotment in pre open or first day and not getting enough juice. How you are taking decisions of selling?
162.1. lokes| Link| Bookmark|
August 4, 2022 5:31:36 PM
IPO Guru (4400+ Posts, 5100+ Likes)
anything can happen in any of sme, nothing can be compared and no common conclusion....if some are rising after keeping for little longer or for more time, then some are going down also after listing in some days like le merit, precision,safa etc. And after going up initially then also they can come down like jeena sikho/skp bearing/swaraj etc. So its also about luck, no common formula for all ipos. Not easy to guess when to sell and which one to sell/hold for how long.
Agree with what lokes said... No golden rule and no common formula works in sme .. it's a combination of risk and experience.. @ lokes have sold Jayant today... There was a huge selling pressure today .. circuit was almost broke.
@ipo bhakt..... Read the sme ipo discussion of previous year or year before.... You will see the people who are making right decision now have made wrong judgements before..... So eventually you me and many others will also be able to decide better with time.... We make mistake and learn.... Difference is - people who were trading last year in sme had less competition and most companies had a good run..... Now many IPOs r not opening well and there is too much of competition in good IPOs..... So it's a tough battle now..... Benchmark is different now but the game is same....
Dear Dinesh. If the company launch IPO on good valuations than many companies launch IPO. But Indian companies are greedy they come on high valuations than no any company enter in capital market at this time. Your thinking apply on greedy companies.
i heard about some SGS technology !! is it or something else??
160.7. Smile.| Link| Bookmark|
August 5, 2022 4:55:47 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Sryma sgs tech mainboard ipo almost confirm Dates : 10 to 18 aug Price band n other: yet to finalize It is combination of fresh issue of equity shares worth Rs 926 crore, and OFS of up to 33.69 lakh equity shares Retail: 35%
159. Trueinfo| Link| Bookmark|
August 5, 2022 2:15:04 PM
IPO Guru (1900+ Posts, 1700+ Likes)
All hopefuls, please prepare yourself for bearing the disappointment of no allotment.
Very good subscription projections Agarwal ji. How many lot u applied ?
153.19. anantagg| Link| Bookmark|
August 3, 2022 1:18:03 PM
Top Contributor (200+ Posts, 200+ Likes)
Anurag Ji thank you. Will definitely share my review.
Suneel Ji thank you
Rsk I still have some holding with me
Trueinfo thank you
Dharmendra ji thank you
Shahukaar i have my own investment company and i was a promoter of Uravi Lamps ealier. Soon I will be coming up with multiple IPO in SME and Main Board.
Anant Aggarwal ji is Rakesh jhunjhunwala of some market
153.21. Nilaykumar| Link| Bookmark|
August 3, 2022 7:59:34 PM
IPO Guru (1200+ Posts, 600+ Likes)
@anant ji please give guidence. Mainly Based on which parameters you apply for ipo and how you decide how much time you will hold? And do you also get highly panic like us when discount listing or down fall of our holding?
151.2. K.Atar| Link| Bookmark|
August 1, 2022 2:09:00 PM
IPO Guru (1000+ Posts, 700+ Likes)
I have been using pro stocks and pretty satisfied with it. Their customer support is fabulous, they don't keep you on hold forever , they say - we will return call after solving it. And they actually do it.
151.3. lokes| Link| Bookmark|
August 1, 2022 8:04:03 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@badluck: prostocks is good. you can go through below links. https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1248&c=514499&ap=0 https://www.chittorgarh.com/article/minor_demat_account_minor_trading_account/175/ https://www.prostocks.com/trading/minor-account.html
@Badluck so far only prostocks is providing trading account also along with demat account (only broker in India to provide both) for minors... I enquired dozens of brokers for this... Since trading income is not possible from Minor accounts no body offering... Almost everyone offers Stand-alone demat account which is of less useful for ipo investors ( you cannot sell the allotment from minors account quickly as there is a transfer procedure involved to gaurdian account)... Hence as Atar and Lokes already suggested go with prostocks... Their softwares are not high-tech but services excellent so far.
You told in previous posts that you will come up with hdfc minor ipo asba (whether it is taking minor pan or gaurdian pan)... This sort of confirmation you wanted to check and update the forum as I remember...
Did you verify this route?? Kindly share if already verified and successful
Thank you
151.6. Imhilli| Link| Bookmark|
August 2, 2022 12:17:40 PM
IPO Guru (1200+ Posts, 700+ Likes)
Prostock is good. But it allows direct applications SME IPO s which are to be listed in BSE. Not for NSE. Thus for minor accounts it is difficult to apply through prostock. If anyone doing the same, may please inform how they are doing.
151.7. lokes| Link| Bookmark|
August 2, 2022 12:48:41 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@aspirant: i have already informed everything in older thread and already shared that thread link in my above post. so please put some efforts to read that thread.
151.8. Smile.| Link| Bookmark|
August 4, 2022 5:55:26 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Dear experts...suppose some1 has 50 lakhs.... maximum lots upto 50 lakhs can v bid in HNI? For maximum chances of allotment? Or others bidders lot quantity should match our quantity? How is d system can any 1 explain brief...as it wil help All...Thanks...
150.1. lokes| Link| Bookmark|
August 4, 2022 5:35:29 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Don't think much, apply for maximum amount of lot possible with your money and then pray for good luck and allotment.
149. lokes| Link| Bookmark|
August 2, 2022 12:51:02 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Am going here with 28 lots, anyone wants to join with similar lots in HNI can join.....
@lokes... Your stars are very bright these days.. no body wants to join you.. surely he or she will b eliminated. I am on bad patch.. Jayant is only hope left.
Lokes invests in hni category and not in retail. So he applies 28 lots (40 lakhs)from single demat account.
149.7. Imhilli| Link| Bookmark|
August 2, 2022 2:22:00 PM
IPO Guru (1200+ Posts, 700+ Likes)
@ Lokes I couldn't understand your message. Are you offering people to apply through your account so that the lot size increases and the chance of allotment increases? As I am relatively new in this field, couldn't understand the language properly. Please let me know if I am wrong.
Planning to apply for 61, 51 & 10 lots (Three HNI applications)
149.9. K.Atar| Link| Bookmark|
August 2, 2022 2:40:32 PM
IPO Guru (1000+ Posts, 700+ Likes)
@Imhilli Lokesh Sir here informed that he applied one application for 28 lot and he asked if it is possible for someone then he/she may apply same lot of Lokesh Sir, so as to increase the chances of being selected in lottery.
Apply in 26 app in retail and (8,10,12,16)lots in 4 hni application
149.11. Imhilli| Link| Bookmark|
August 2, 2022 3:24:41 PM
IPO Guru (1200+ Posts, 700+ Likes)
@ K. ATAR Thanks for the clarification. But it created one more doubt in my mind. I understand that in proportionate lottery more the lot size better the chance of allotment. Thus if you want better chance, apply with full force to get one lot. So if anyone applies 29 lots , he will have better chance than the person applied for 28lots. Please clarify if I am wrong.
149.19. lokes| Link| Bookmark|
August 2, 2022 6:47:20 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: thats why looks like @avenue joined me since his luck is favouring more than me :) he got 2 lots in agni and 2 lots in jayant (in retail) so now lets see who gets out of us....depends how many others are there....if we only 2 then 1 will get for sure. You still holding jayant? planning to sell tomorrow or will keep for longer, i am holding but looks like its reached its limit now ;)
@lokes.. yes still holding Jayant .. looks like probably 2 or 3 more upper circuit left.. need to very watchfull ..and don't b greedy.. I will try to sell Jayant before it takes a U turn. I guess @ Dinesh singh has sold it. And Jayant looks like completely operated by big operators ... Very thin volume through out the days. It's behaving like Empyrean cashew .
149.21. Imhilli| Link| Bookmark|
August 2, 2022 7:53:15 PM
IPO Guru (1200+ Posts, 700+ Likes)
@Avenue Thanks for your suggestion. I have gone through the BoA of Agni... there are few surprises to me... for example for 17000 lots 4 applications got allotment in 1:4 ratio, whereas for 19000 lots 8 applications got allotment in 1:8 ratio. I was expecting that the 19000 lots should be 2:8 or better. Could you please clarify why it is so. I really don't know how poor am I in maths!!🙄 I could also see that when there is a single application, even as high as 49000, there is no allotment.
@Imhilli... I see you as a regular participant. I would be keep to clarify all of your doubts and explain in detail but expect you to first know basic allotment rules in current sme ipos. They are important and every HNI should know. Like all HNi applicant should know what is the % of allotment of a 14 lot HNI applicant in a 102.45x subscribed sme ipo. Do you know it? Please don't mind.. it is only to make you learn like I have...
Applied and accepted 4 lots under retail category. Hoping for best guys
149.25. Imhilli| Link| Bookmark|
August 2, 2022 11:58:15 PM
IPO Guru (1200+ Posts, 700+ Likes)
@Avenue Yes... after studying the figure of Agni BoA, I could make it out. It is %total share applied×no. Of lot available in hni category/100 with rounding off. During rounding off if is less than 0.5, it will be 0 and that is why many categories are having 0 allotment. Thanks again for the pinch😉... it motivated me to learn of my own 😄
@satishreddy, It is very easy to manage money. As I and you(I think) don't have that much money, we believe that it's difficult to manage. Lot of members apply heavily in IPOs. They have knowledge to handle it. It is easy to handle money in Bank account. By GRACE of GOD, people have money. So enjoy with what money we have.
@lokes,@Noorul , Happy to see you guys making big profit in recent sme ipo.can you pl guide us how to sell sme allotment ? We are selling most of the allotment in pre open or first day and not getting enough juice. How you are taking decisions of selling?
@Sandy 262 you say that you are new. From your question it seems that you are new. Still you have recommended to apply. Can I know on which basis did you recommend to apply? Please don't take it otherwise.
148. Trueinfo| Link| Bookmark|
August 1, 2022 5:06:19 PM
IPO Guru (1900+ Posts, 1700+ Likes)
148.4. lokes| Link| Bookmark|
August 1, 2022 8:11:29 PM
IPO Guru (4400+ Posts, 5100+ Likes)
HNI crossing 100X looking tough given the size of ipo and PE of the company....its valuation is not cheap at the issue price, it won't list double etc....so retail can be around 60X and HNI around 80-100X, rest lets see tomorrow, we always have surprises in sme's :)
148.6. DEVBULL| Link| Bookmark|
August 2, 2022 11:46:27 AM
IPO Mentor (600+ Posts, 200+ Likes)
@lokes, @Noorul, @Avenue and other experts If I like to apply for more than 50% multiples of the total multiples of NII subscription, shall I go for odd lots or round figure of even lots under the present changed scenario. Suppose, in this SME IPO, if expected multiples of NII is 110 times, shall I go for 59 lots or 60 lots to get better chance of allotment.
@Devbull, If NII subscription is 110 times, u better apply for 59 lots. If you are single applicant at 59 lots, as it is more than 50%, you will get 1 lot for sure. Also, if you apply 60 lots and if you are single applicant, you will get 1 lot for sure. But since 60 is round figure, there could be multiple people applying 60 lots.
Yes Devbull, you can continue the same method for SME IPOs.
148.10. Kami| Link| Bookmark|
August 2, 2022 12:41:01 PM
Top Contributor (300+ Posts, 100+ Likes)
@ suneel padvala, does that 50% rule applied in main board under retail option Like in campus i applied 4 lot in retails (didn't got allotment) but in boa it wasn't even showing that someone applied for 4 lot it was like People applied for 1 lot xxx And then jump to 6lot xxx I thought Increasing lot will improve my chance to get allotment but in boa it wasn't even there
@Devbull.. It's a double edge sword, can backfire sometime if subscription goes beyond your estimate. I mean if you accidently fall below 50% mark and are only applicant, you will not get it. In Agni I thought HNI would max be 70-80x, so applied for 41 lots...It went much beyond... I was damn lucky to still get 1 lot.
Funny part is in Agni, below 50% candidates - with odd figures like 39, 41 got allotment, and no allotment for 40 lot applicant...
So No science or Maths, just apply and start praying...
@Avenue. You are correct. Agni –> 50% of total multiples = 54 times (i.e. 107.4/2). I made two applications of 49 and 47 lots which fell below 50% but got allotment for both two. Lesson learnt: Always go big with odd lots and keep praying.
@Kami, This 50% rule mainly applies to HNI. In retail, its all pure luck if it is over-subscribed more than 1X. In USA, max lot in retail is 1 lot, looks subscription is going towards 50X, then your chance will be 1 in 50. So pure luck.
@Avenue, Lokes: Please correct if Im wrong here. Thanks.
@devbull... No odd even working these days.. I wasn't alloted against 44 lot and many people have been alloted in odd numbers.. so it's all about luck.
148.15. lokes| Link| Bookmark|
August 3, 2022 1:04:19 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@devbull: you got allotment with 47 and 49 lots even they are below 50% because you got other people also with you for those lots and in both you won in 1/2 and 1/3 luck. The one who applied for 46 and 48 lots had no companion so those both got 0 allotment since being single and below 50%. So you are double lucky that you were not alone for your choosen lots and then in lottery, you won over others.So depends on co-applicants and luck both. And this 50% can be little bit adjusted between 48 to 52% etc to adjust and distribute all lots properly.
148.16. Imhilli| Link| Bookmark|
August 4, 2022 10:46:35 AM
IPO Guru (1200+ Posts, 700+ Likes)
So far I could study, if you have multiple accounts to apply and capacity of say 50 lots, better to go for 5 applications with 8, 9, 10, 11and 12 lots rather than single application of 50 lots. Reasons are 1. There is a chance of getting allotted 5 lots. 2. At lower lots category, you will have more applications as it is affordable to larger people. So the chance of not crossing the 50% mark is less. 3. As it is very difficult to predict the oversubscription, even with 50 lots, one may not cross the 50%mark. For luck favor, people sometimes avoid certain numbers e.g. 13 . So one may take care of the same.
@Noorul. Yes. I agree with you. Apart from expertise, one should have little bit of luck also to win the game. Luck will come and go but expertise will remain with us and even improve day by day which will have major contribution to win the goal. But luck will not remain forever. Sometimes it will favour us and most of the times we will have to curse our fate. I analyzed the BoA. Your preceding lot size had better change of 1:2 but your lot size had slightly tough ratio of 1:3 because of two co-applicants. Had it been 1 or 3 co-applicant(s), the ratio would be 1:2 or 2:4. Better luck next time like Jayant. Because of expertise, you applied for Jayant, got it and still holding it whereas I didn’t apply for due to poor subscription (4 times only).
@lokes. Thank you for your analysed comment w.r.t my position in the BoA of Agni. It seems the actual HNI figure is 102.45 times and so the 50% works out 51.225 times. But firm allotment starts from 57 lots onwards in case of single applicant. It works out 55.64%. As you said, there would be little bit adjustment always but in this case it is slightly high.
147.2. Smile.| Link| Bookmark|
August 4, 2022 6:20:29 AM
IPO Guru (1800+ Posts, 1100+ Likes)
@ds to avoid many such difficulties prefer ASBA instead of UPI
147.3. Venkatram| Link| Bookmark|
August 4, 2022 11:59:39 AM
Top Contributor (300+ Posts, 100+ Likes)
Write to ipo.upi@npci.org.in and provide all the details and ask them to revoke the mandate. Also check with the registrar whether they can help release the mandate. Always avoid UPI if you can system has this issue which affects every second time. If you use UPI be prepared to follow up for all such issues.
ipoguru aur baki category me " operator ki category" banao aur usme " Anant Aag" sir aur " Engel eye " mam jese logo ko rakha jaye... har ek ipo me cmnt karna munkin unke liye lekin jis me bhi batting karte he usme cmnt jarur karte he aur hum jese normal middle class walo ko naffa ( profit) hota he.... they all are stake holders in so many companies...