i applied this ipo through kotak netbanking with 8400 qty and 25 price but my application shows cutoff price not used. Did i make a mistake anywhere and will i be eligible to get allotment? Please help
151.1. Bullrunner| Link| Bookmark|
July 12, 2023 6:07:49 PM
Top Contributor (400+ Posts, 100+ Likes)
What is the probability of me being allocated shares in this IPO if I apply from my employee account in the NII category? Is there a guarantee that I will be allocated at least one lot or other?
Can you please clarify my chances of getting an IPO allocation if I apply through my employee account? Alternatively, if I apply as a non-institutional investor (NII), what are my chances of getting an allocation?
146.1. Finexpert| Link| Bookmark|
July 12, 2023 4:05:47 PM
Top Contributor (400+ Posts, 200+ Likes)
I think allotment chances will be higher in employee quota as compare to hni. You can apply in hni with your family members account and use your personal account to apply under employe quota.
I am unable to understand that why people apply in BHNI in oversubscribe IPO, they know that they will only get one SHNI lot. Currently we are seeing that subscription is approx same in both. Why they don't apply in SHNI.
Chances are better in BHNI if both - SHNI and BHNI has same subscription. BHNI you can assume subscription at 20% i.e. if is 5 times it means allotment is going to be for everyone since it is subscribed 1 time.
145.3. UjwalG| Link| Bookmark|
July 12, 2023 2:19:03 PM
IPO Guru (1000+ Posts, 500+ Likes)
Adding to sashah comment, bhni has double the shares available than shni
145.4. MVP| Link| Bookmark|
July 12, 2023 3:13:11 PM
IPO Guru (1400+ Posts, 1000+ Likes)
Good point Sir, you please apply in SHNI only 🫡
Jokes apart, chances of allotment in BHNI increases 5 times compare to SHNI on same subscription level.
Only 33300 From Require for 1 Time ( 10% Retail ) Around 15 lakh form Will Submit then 1 out 45 for Retail.
142.4. PLAZA| Link| Bookmark|
July 12, 2023 12:06:45 PM
IPO Guru (2000+ Posts, 1200+ Likes)
@PKRAJ Sir I have read your comment somewhere that you are holding SYRAM SGS . Pl suggest me what to do now as I am also holding 952 shares of this By chance . As the company has posted very good result in past and expecting also in q1 , pl give your opinion...
@PLAZA Yes, I am holding 50% allotted in sHNI. Today is the day of Syrma. Good going. Better to hold at present. Future prospects good. Market moving towards 70,000. Any down trend in market may also effect Syrma. A general rule. I am also holding Dreamfolk.
142.7. PLAZA| Link| Bookmark|
July 12, 2023 1:53:12 PM
IPO Guru (2000+ Posts, 1200+ Likes)
@udan @PKRAJ Thanks for feed back . IMO it's result for q1 will be bumper and already cornered by some HNI as per my view not having much stake of mf etc.
142.8. UjwalG| Link| Bookmark|
July 12, 2023 2:24:15 PM
IPO Guru (1000+ Posts, 500+ Likes)
Ems stocks are now on overvalued zones, most of the participants have factored the next quarter results too i believe. Need to have a correction, one way run is not good for any stocks. Ps, holding both lots of kaynes and syrma. Riding on two horses just like ajay devgan riding on two motorcycle. 😂
142.9. Sharvam| Link| Bookmark|
July 12, 2023 2:43:07 PM
IPO Guru (1100+ Posts, 800+ Likes)
Expected EPS of SYRMA is 10 for full year So at Rs 500 it will trade at 50 PE forward.
If you have applied in retail cancel or delete it and then you can apply again.. In HNI i think it is not possible to cancel the bid you can only modify it..
Should I apply 66 lots in SHNI or 67 lots in BHNI?? In which are the allotment chances better and what will be the allotment if it is oversubscribed 70-80 times
134.1. jay here| Link| Bookmark|
July 12, 2023 12:50:04 PM
IPO Mentor (700+ Posts, 500+ Likes)
Always plan for Bhni as it has the highest chance of allotment among all categories generally. If subscribed 70x bhni would be around 1/15,for shni if 70x then around 1/65. Hope it helps.