@Dalal apne apply nai kiya tha sir....Eaglye mam ka GMP ek dam correct hota hai ..web sites ke GMP pe mat jaav....Unke pass GMP update karne ka time nahi hoota....
@lokes .Dont worry it will list in the range of 925 to 950 and touch 1000 on listing day.
223.1. lokes| Link| Bookmark|
February 15, 2022 7:19:43 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Its good to be optimistic and hope for better......i am just being conservative, not worrying....
222. lokes| Link| Bookmark|
February 15, 2022 5:58:03 PM
IPO Guru (4400+ Posts, 5100+ Likes)
lets hope for listing around 890-910 as per improved gmp and improved market conditions and then movement between 880 to 950 tomorrow......if listing is positive, request everyone who allotted in ipo to hold it for some days with some stoploss, instead of selling soon tomorrow after listing.
222.1. Amit Chheda| Link| Bookmark|
February 15, 2022 6:13:57 PM
IPO Mentor (800+ Posts, 900+ Likes)
@ Lokes if it open near 900, my SL will be 850.
All the Best.
221. mann mundra| Link| Bookmark|
February 15, 2022 5:53:13 PM
Top Contributor (200+ Posts, 100+ Likes)
Market ke sentiment ko dekhte huye Manya ke 100 rs uper khulne ke poore chance hai ..
220. Eagleye| Link| Bookmark|
February 15, 2022 5:07:53 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Manyavar IPO
GMP 40 +/- 1
220.1. Earthking| Link| Bookmark|
February 15, 2022 5:29:55 PM
IPO Guru (1300+ Posts, 500+ Likes)
This is really big news madam... A positive premium from a reputed board member...
Even in weak market premium is in the range of 20 to 25. It will touch 45 in the evening as per big Hni of Ahmedabad. Big surprise.people who didn't applied now praying for discount listing but sorry it will be great day tomorrow for all braveheart who applied.
i am not applied in this IPO, and not interested in investing also, i know big operators are waiting for playing game for grab the retailers money. Galti se bhi nahi lunga isko
It will open in discount with. -15 to -20 % .. Huge selling presure on listing day . Price will correct to original one around 500 in next few session.
215.1. Amit Chheda| Link| Bookmark|
February 15, 2022 12:26:12 PM
IPO Mentor (800+ Posts, 900+ Likes)
Every brand is not Paytm.
214. Bullish| Link| Bookmark|
February 15, 2022 9:56:25 AM
IPO Mentor (900+ Posts, 600+ Likes)
As retailers have very small quantities it will open in green n will be lock at upper circuit don't be hurry in sell
214.1. Amit Chheda| Link| Bookmark|
February 15, 2022 11:58:24 AM
IPO Mentor (800+ Posts, 900+ Likes)
213. Eagleye| Link| Bookmark|
February 14, 2022 7:14:28 PM
IPO Guru (6600+ Posts, 22000+ Likes)
THE MOST RELIABLE List of Mainboard IPOs IN THE PIPELINE (Status as on 14th February 2022)
A) DRHP Filed – SEBI Approval *Overdue*: DRHP filed >2 months ago
1) Aadhar Housing Finance >>> DRHP filing date 24-Jan-21 2) UMA Converter >>> DRHP filing date 01-Jul-21 3) Maximus International >>> DRHP filing date 26-Aug-21 4) Infinion Biopharma >>> DRHP filing date 01-Sep-21 5) Tamilnad Mercantile Bank >>> DRHP filing date 04-Sep-21 6) CMR Green Technologies >>> DRHP filing date 27-Sep-21 7) Lava International >>> DRHP filing date 28-Sep-21 8) Abans Holdings >>> DRHP filing date 29-Sep-21 9) BVG India >>> DRHP filing date 30-Sep-21 10) Oravel Stays >>> DRHP filing date 30-Sep-21 11) Wellness Forever Medicare >>> DRHP filing date 01-Oct-21 12) API Holdings >>> DRHP filing date 10-Nov-21 13) Droom Technology >>> DRHP filing date 12-Nov-21 14) eMudhra >>> DRHP filing date 12-Nov-21 15) Elin Electronics >>> DRHP filing date 17-Nov-21
B) DRHP Filed – SEBI Approval *Awaited*: DRHP filed <2 months ago
16) JK Files & Engineering >>> DRHP filing date 09-Dec-21 17) Nandan Terry >>> DRHP filing date 10-Dec-21 18) Maini Precision Products >>> DRHP filing date 14-Dec-21 19) Syrma SGS Technology >>> DRHP filing date 14-Dec-21 20) Asianet Satellite Communications >>> DRHP filing date 22-Dec-21 21) Hexagon Nutrition >>> DRHP filing date 24-Dec-21 22) Bharat FIH >>> DRHP filing date 24-Dec-21 23) Snapdeal >>> DRHP filing date 27-Dec-21 24) Protean eGov Technologies >>> DRHP filing date 27-Dec-21 25) Campus Activewear >>> DRHP filing date 27-Dec-21 26) Rainbow Childrens Medicare >>> DRHP filing date 27-Dec-21 27) TBO TEK >>> DRHP filing date 27-Dec-21 28) Venus Pipes & Tubes >>> DRHP filing date 27-Dec-21 29) Capillary Technologies India >>> DRHP filing date 27-Dec-21 30) Aether Industries >>> DRHP filing date 29-Dec-21 31) Sresta Natural Bioproducts >>> DRHP filing date 11-Jan-22 32) Sanathan Textiles >>> DRHP filing date 12-Jan-22 33) Course5 Intelligence >>> DRHP filing date 12-Jan-22 34) Landmark Cars >>> DRHP filing date 19-Jan-22 35) Dreamfolks Services >>> DRHP filing date 24-Jan-22 36) FabIndia >>> DRHP filing date 24-Jan-22 37) Imagine Marketing >>> DRHP filing date 27-Jan-22 38) Dharmaj Crop Guard >>> DRHP filing date 28-Jan-22 39) Ethos >>> DRHP filing date 01-Feb-22 40) Harsha Engineers International >>> DRHP filing date 04-Feb-22 41) Inox Green Energy Services >>> DRHP filing date 08-Feb-22 42) Cogent E-Services >>> DRHP filing date 09-Feb-22 43) Kids Clinic India >>> DRHP filing date 11-Feb-22 44) Life Insurance Corporation of India >>> DRHP filing date 13-Feb-22
C) SEBI Approval *Received (<3 months)*:
1) Jesons Industries >>> SEBI Approval 08-Feb-22 2) Capital Small Finance Bank >>> SEBI Approval 08-Feb-22 3) Uma Exports >>> SEBI Approval 07-Feb-22 4) Hariom Pipe Industries >>> SEBI Approval 28-Jan-22 5) Delhivery >>> SEBI Approval 13-Jan-22 6) Veranda Learning Solutions >>> SEBI Approval 11-Jan-22 7) Radiant Cash Management Services >>> SEBI Approval 10-Jan-22 8) Five-Star Business Finance >>> SEBI Approval 07-Jan-22 9) Waaree Energies >>> SEBI Approval 03-Jan-22 10) GPT Healthcare >>> SEBI Approval 29-Dec-21 11) Global Health >>> SEBI Approval 21-Dec-21 12) Veeda Clinical Research >>> SEBI Approval 21-Dec-21 13) Sahajanand Medical Technologies >>> SEBI Approval 17-Dec-21 14) Le Travenues Technology >>> SEBI Approval 16-Dec-21 15) Keventer Agro >>> SEBI Approval 16-Dec-21 16) Emcure Pharmaceuticals >>> SEBI Approval 08-Dec-21 17) ESDS Software Solutions >>> SEBI Approval 03-Dec-21 18) Sterlite Power Transmissions >>> SEBI Approval 02-Dec-21 19) Godavari Biorefineries >>> SEBI Approval 26-Nov-21 20) VLCC Health Care >>> SEBI Approval 25-Nov-21 21) Healthium Meditech >>> SEBI Approval 24-Nov-21 22) India1 Payments >>> SEBI Approval 24-Nov-21 23) Gemini Edibles & Fats India >>> SEBI Approval 23-Nov-21 24) Electronics Mart India >>> SEBI Approval 22-Nov-21 25) Puranik Builders >>> SEBI Approval 18-Nov-21 26) Prudent Corporate Advisory Services >>> SEBI Approval 18-Nov-21 27) Tracxn Technologies >>> SEBI Approval 17-Nov-21 28) Fusion Micro Finance >>> SEBI Approval 16-Nov-21
D) SEBI Approval *Received (>3 months ago)*:
29) Inspira Enterprises India >>> SEBI Approval 01-Nov-21 30) ESAF Small Finance Bank >>> SEBI Approval 20-Oct-21 31) Penna Cement Industries >>> SEBI Approval 14-Oct-21 32) Skanray Technologies >>> SEBI Approval 08-Oct-21 33) One Mobikwik Systems >>> SEBI Approval 07-Oct-21 34) Popular Vehicles and Services >>> SEBI Approval 29-Sept-21 35) Paradeep Phosphates >>> SEBI Approval 22-Sept-21 36) Northern Arc Capital >>> SEBI Approval 03-Sept-21 37) Chemspec Chemicals >>> SEBI Approval 30-Aug-21 38) Shri Bajrang Power and Ispat >>> SEBI Approval 26-Aug-21 39) Go Airlines (India) >>> SEBI Approval 26-Aug-21 40) Ruchi Soya Industries >>> SEBI Approval 13-Aug-21 41) Fincare Small Finance Bank >>> SEBI Approval 28-July-21 42) Jana Small Finance Bank >>> SEBI Approval 09-July-21 43) Medi Assist Healthcare Services >>> SEBI Approval 22-June-21 44) Utkarsh Small Finance Bank >>> SEBI Approval 03-June-21 45) Arohan Financial Services >>> SEBI Approval 23-Apr-21 46) Seven Islands Shipping >>> SEBI Approval 22-Mar-21
211. Earthking| Link| Bookmark|
February 14, 2022 9:05:59 AM
IPO Guru (1300+ Posts, 500+ Likes)
Now with Russia Ukraine tension, this will be in deep red on opening... Hope against hope...
210. arunARUN| Link| Bookmark|
February 13, 2022 9:37:33 AM
IPO Guru (2000+ Posts, 1700+ Likes)
IPO allotment game is going to change post April 1, 2022. Some of us would prefer to apply as small HNI at level of Rs 2 Lakh as this bucket of 2-10 Lakh may provide better allotment rather than filling multiple form and taking lottery chances More interesting will be 10 lakh bucket. Who will apply for Rs 10 Lakh and be happy to take 10 lakh allotment. Grey will continue to exist as some people would not like to block Principal amount in IPO application. Grey is like option price with 6 working day expiry. So it will continue but would not have correlation with cost of interest as for successful issue it would not make sense to apply more than 10 lakh. I may use my current account limits to apply for very good issue. Buying 10 lakh worth of stock at one go will be a first time experience
210.1. lokes| Link| Bookmark|
February 13, 2022 5:42:59 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arun: what do you mean by this: "Buying 10 lakh worth of stock at one go will be a first time experience" you mean applying for 10 lakh rs shares or getting allotment of 10 lakh shares ? for good issues, which will be subscribed more, we can't get full 10 lakh allotment. for 10 lakh application (will depend on final subscriptions in this category) and for average. issues which is not subscribing enough, no one would be applying for 10 lakh amount to get that much shares.
so can you explain this once what do you mean with these: "Who will apply for Rs 10 Lakh and be happy to take 10 lakh allotment." "Buying 10 lakh worth of stock at one go will be a first time experience"
210.2. arunARUN| Link| Bookmark|
February 13, 2022 10:59:12 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@lokes It is rather simple Currently we apply 1 lot in retail in range of Rs 12,000 to 16,000 and if issue oversubscribed get one lot by lottery From April 1, 2022 in big HNI quota (10% of issue) minimum allotment will be Rs 10 lakh which will be allotted on basis of lottery if issue is oversubscribed by those applying lot near to Rs 10 lakh (like retail allotment) and if any thing is left after allotting lot of Rs 10 lakh then it will be distributed on pro rata basis as done currently. Which means if big HNI quota is Rs 100 crore and 1000 applications comes of Rs 10 lakh each then every one will be allotted worth Rs 10 lakh. In case there are 2000 application of 10 lakh then 1 out 2 application will get allotment of Rs 10 lakh. It will not distributed pro rata i.e. each of 2000 applicants getting allotment of Rs 5 lakh each I hope i am clear in explaining
210.4. arunARUN| Link| Bookmark|
February 14, 2022 11:32:35 AM
IPO Guru (2000+ Posts, 1700+ Likes)
@jackpatel Don't know. However what we can guess is that RBI was upset with NBFCs lending for HNIs. As it saw it as non productive usage of resources by NBFC, rather than focusing on their core business SEBI may have felt large scale volatility on listing day and linkage with grey market to stop current practices My sense is that guidelines will change again to take care of practical difficulties but let us wait and watch. Technically companies need not have HNI quota altogether as there is no minimum requirement for same unlike retail for which minimum percentage has been mentioned
210.5. Arca| Link| Bookmark|
February 14, 2022 11:47:15 AM
(1000+ Posts, 500+ Likes)
@arun what about hni 's (between 2-10lakhs). How they are allotment ? Is it also lottery like retail category where 1 person will be alloted 2lakhs rs worth of shares or each person will be getting atleast 1 lot if subscription is more than 14times ie worth 12-15k.
210.6. Arca| Link| Bookmark|
February 14, 2022 11:54:30 AM
(1000+ Posts, 500+ Likes)
*How is their allotment?
210.7. arunARUN| Link| Bookmark|
February 14, 2022 12:27:24 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@arca As per my reading they will get 2 lakh each of allotment i.e. 14 lots. As pro rata is being stopped henceforth from April 1, 2022 (IPO coming to market from that date. DRHP may have been submitted any time)
@ arun .. I don't know from where u get that 2 lakh lot and 10 lakh lot theory.. I didn't read it anywhere in the circular released by sebi and its not looks practical in any mean.. IMO the lot size will remain of 15k in each category ..
@arun ... please share the link of source of your information so that we can also study. This is something new to me...
As we are relatively free now and 1st April is also not that far and it will take us a while to study and prepare / change our strategy, I request all to share all confirmed information a central place and discuss.
May be Admin can open a separate page or allow to open a special thread to discuss and understand changes being incorporated since 1st April 2022.
210.10. lokes| Link| Bookmark|
February 14, 2022 2:31:21 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arun: i think this is completely wrong assumption from your side, until you have seen from some authentic source. Minimum allotment will be 1 lot only in both 2 to 10 lakh category and above 10 lakh category also (if that is subscribed more than approx 67 times).
210.11. arunARUN| Link| Bookmark|
February 14, 2022 2:45:06 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@noorul Reference to regulations are from https://www.sebi.gov.in/legal/regulations/jan-2022/securities-and-exchange-board-of-india-issue-of-capital-and-disclosure-requirements-amendment-regulations-2022_55351.html Relevant part of regulation In regulation 32, (a) after sub-regulation (3), the following sub-regulation shall be inserted namely, — “(3A) In an issue made through book building process, the allocation in the noninstitutional investors’ category shall be as follows: (a) one third of the portion available to non-institutional investors shall be reserved for applicants with application size of more than two lakh rupees and up to ten lakh rupees; (b) two third of the portion available to non-institutional investors shall be reserved for applicants with application size of more than ten lakh rupees: Provided that the unsubscribed portion in either of the sub-categories specified in clauses (a) or (b), may be allocated to applicants in the other sub-category of noninstitutional investors.” (b) in sub-regulation (4), in clause (ii), the sub-clause (i) and (ii) shall be re-numbered as sub-clause (a) and (b). SECOND RELEVANT PART In regulation 49, (a) in sub-regulation (3), after the words “retail individual investors” and before the words “and anchor”, the symbols and words “, non-institutional investors” shall be inserted; (b) after sub-regulation (4), the following sub-regulation (4A) shall be inserted namely, — “(4A) The allotment of specified securities to each non-institutional investor shall not be less than the minimum application size, subject to the availability of shares in non-institutional investors’ category, and the remaining shares, if any, shall be allotted on a proportionate basis in accordance with the conditions specified in this regard in Schedule XIII of these regulations.”
Now you translate it . As per my translation clause 4A means allotment over 2 lakh (nearest) and 10 lakh (nearest)
Sebi has prescribed a revised allocation method to non-institutional investors (i.e. those investing more than Rs 2 lakh in an IPO): one-third of the non-institutional investors’ portion is to be reserved for applicants investing more than Rs 2 lakh but up to Rs 10 lakh and the rest for such applicants investing more than Rs 10 lakh. Further, allotment to non-institutional investors shall be through a draw of lots, as is done for retail investors, to ensure transparency in the allotment of IPO shares and allow for a sufficient allocation to ‘smaller’ non-institutional investors.
210.13. arunARUN| Link| Bookmark|
February 14, 2022 3:33:53 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@lokes @avenue Please see my post above in response to @Noorul That gives sources and regulations (that is what i think)
210.14. K.Atar| Link| Bookmark|
February 14, 2022 3:39:43 PM
IPO Guru (1000+ Posts, 700+ Likes)
The true purpose of this amendment is to weed out nbfc funding.
210.15. lokes| Link| Bookmark|
February 14, 2022 3:43:02 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arunarun: yes i have gone through your new sebi link. In this older (first) sebi link regarding this rule, things were not clear: https://www.sebi.gov.in/media/press-releases/dec-2021/sebi-board-meeting_55018.html
In this new release link from sebi, things are clear. And yes i can confirm on this now that allotment in HNI categories will be the minimum application in both categories. its strange and surprising but its true until they change it again later. So minimum allotment will be 2 lakh in 2 to 10 lakh HNI category....and allotment will be done same like retail category. In case of over subscription (application wise) , everyone will be allotted minimum of 14 lots (whatever as per minimum hni application) irrespective of application of 2 lakh or 10 lakh. Same way it will happen from above 10 lakh category. Minimum allotment there will be 10 lakh worth shares. Allotment same as mentioned above. So now it will be too much risk or too much reward :) mostly no one from us will take chance to apply in above 10 lakh category, even for 2 to 10 lakh category we need to be enough sure to apply, to get 2 lakh worth of shares :)
Don't get confused with the words.. Here minimum application size refer for the minimum lot that is 15k. Its means not less than 15k to any applicant.
210.17. lokes| Link| Bookmark|
February 14, 2022 4:48:02 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: if you go through complete document, in the below link, you will understand....i have given 1 hour of mine time to go through and understand....its same as i explained in my above post........it has examples also given in the link, without seeing those examples i also wouldn't be believing it......its hard to digest this but this is the truth now. Whatever i informed in my above comment is correct....
This is most logical to curb the onslaught of the closing hours GMP & total bid hunters and thereby taking away the legitimacy of a genuine aspirant. This is the result of an extensive study of SEBI in this subject which will redefine the entire episode.
210.19. K.Atar| Link| Bookmark|
February 14, 2022 5:41:02 PM
IPO Guru (1000+ Posts, 700+ Likes)
Thanks to Mr. Arun for bringing this into the notice of Forum Members, this is indeed very valuable information shared - otherwise would have skipped and couldn't have come into our notice.
The information provided is correct and complete game changer.
Now we know how even fraction of lot are distributed in addition to one lot within successful applicants.
From 1st April, we don't have to calculate number of lots/ odd-even figure while applying... but just have to decide to apply for 15K, 2L or 10L and start praying...
210.21. arunARUN| Link| Bookmark|
February 14, 2022 10:12:17 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@lokes @avenue @noorul Now you agree after checking yourself on concept. Now would like your view on my first post
I had read the complete procedure along with the examples.. I find it very interesting, hard to digest and out of a box concept. Specially that above 10 lakh category and getting a 10 lakh rs shares at ones.. it can b very risky. Specially in such issues that comes with too many ifs and buts. Eventually it will lead the selling pressure on listing day too. Seriously no Hni would like to hold a 10lakh worth of single stock. Applying for 10 lakh or got share of 10 lakh both were different thing earlier. But now the one who will apply for 10 lakh might get 10 lakh worth of share. Its not everyones cup of tea to take that big chunk of any script .. We all had witnessed what had happened to sbi card .. how circumstances changes within a span of few days. From 40% gmp to negative listing due to covid impact. I guess now Sebi wants to count how many of us have the Balls.
Anyways you deserve all the credit to Decode that mysterious allocation process and enlighten us and as well as many others. More power to you 👍
210.23. Ou Ai| Link| Bookmark|
February 15, 2022 7:54:48 AM
Top Contributor (300+ Posts, 300+ Likes)
Read the entire article in SEBI link. Examples given confirm affirmatively what @arunARUN mentioned and @lokesh also reconfirmed. Though it is hard to assimilate SEBI's intention, one of the objective appears to clearly demarcate investors as per their risk taking capability, in a way to protect them. Those of us who are funding ourselves above 2 to 5 lakhs by pooling self funds to apply in highly oversubscribed issues with anticipation of minimum or few lots allotment have to rethink considering risk of 14/15 lots allotments. Similarly for 10 lakhs and above. This will make NBFC funding more focused on above 10 lakhs. Each HNI category invites commensurate risk/reward compelling us to tread with caution unlike earlier allotment method wherein risk was limited to smaller lots unless it is a sparsely subscribed IPO like Birla AMC..
Many years ago , SEBI changed the method from proportionate to minimum lot and now appear to introduce hybrid model. Thanks to this discovery from @arun and rest who took pains in reading SEBI documents to reconfirm. Even I did not believe till reading the contents of the link.
210.24. lokes| Link| Bookmark|
February 15, 2022 11:27:38 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@arunarun @noorul @others: I hope sebi removes this rule later if its consequences are bad on listing....1 lot allotment in these category to all and rest (if remaining) proportionate, was fair thing already and was beneficial for all kind of HNI category people from 2lakh upto max size....
Anyways now for good ipos with average size of around 600 crore like latent view or data patterns etc, above 10 lakh category will be 60 crore means 600 applications in that category so if more than 600 applications are coming then no point in applying more than 10 lakhs so looks like funding etc concept won't be there in average size and very good ipos.....For bigger size good ipos only, bigger HNI's will apply for more than 10 lakh amount to get more shares in proportionate, that too i don't think since 10 lakh worth is already too much in comparison to their current applications....(now putting 50 lakh to 1 crore amount they get only 15K worth of shares in very good ipos).....
And i don't think now listing gains will be more than 80-100% in any of ipos due to selling pressure from these HNI's on listing, they may not sell all but definitely they may sell some portion to book gains on better listing. And i think most of us will apply in 2 to 10 lakh category only instead of 10 lakh above category until very very sure since in above 10 lakh category, it will take out enough portion of our capital also if allotted.....anyways we will see how some initial ipos are getting subscribed in HNI then we will get better idea....
It will be interesting to see how these new rules pans out. I am surprised and cannot really digest.
I am focusing only on 2-10 Lac category. No matter what SEBI is trying to do, I see no logic behind forcing somebody to buy 14 lots, when they could offer 1 lot to 14 different people. In place of making 14 investors happy, they are allotting 14 lots to a single person and even that person may not be happy and comfortable to hold them. I would not have applied in many IPOs in which I have actually applied, if I was to be allotted 14 lots. It will be a risky bet for even average IPOs and may effect HNI subscription and larger sell off post listing. Retail subscription will increase as some HNI may consider applying multiple retail applications.
Let us wait n watch, I however feel new 2-10 Lacs and 10 Lacs + categorization alone was good enough keeping old allotment mechanism.
210.26. arunARUN| Link| Bookmark|
February 15, 2022 1:25:52 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@avenue You are right that people will first focus on 2 lakh category. There will be enough people willing to apply at higher end (as visible from application data when retail allotment was also pro rata) At that time i used to apply just below 2 lakh and in moderate retail response (say 3 time retail) was very happy to get allotment of around 50-75 K. I remember getting NBCC good allotment at IPO time My guess of IPO universe is around 1 lakh applicants who will be willing to put application of Rs 2 lakh and be happy to get allotment of same. Guess of 10 lakh applicant universe is more difficult. Will still see grey market sellers applying equal to cover what they have sold. (They will certainly apply if they have sold atleast 70 lots around
210.27. Ou Ai| Link| Bookmark|
February 15, 2022 7:03:00 PM
Top Contributor (300+ Posts, 300+ Likes)
SEBI basically redefined minimum lot for Retail to 1 lot , HNI (2-10 lakhs) to 12~14 lots and HNI above 10 lakhs to 72~84 lots. Looks they want investors to clearly identify the bucket they want to invest in based on risk/reward . Assuming same level of subscription as in the past , less number of applicants will be allotted in both HNI (2-10) & HNI>10. Thus, in a good quality issue with high demand that is likely to see heavy oversubscription, it is more advantageous to apply multiple applications in retail than one in HNI. There is likelihood of investors moving from HNI(2-10) to retail. We will need to see effects of these changes from 1st April 2022.
I read somewhere last year that the present lot size of around 15k will be made around 7k to 8k so that more retail investors could apply. *unconfirmed*
@arunArun, Thanks for posting this very informative message and further discussions by the experts like lokes, Noorul, Avenue, Arca, Asoke Sarkar and others. This is very important to many forum members especially HNI like me, much appreciated to all of you.
But operator will take uc on listing day.... Next few days upside possible... Game hoga isme like sona com....ooerator 161 pe ko 300 ke pe par lekar jayega brand brand bolkar...
209.2. Dowg| Link| Bookmark|
February 14, 2022 10:56:06 AM
Top Contributor (300+ Posts, 100+ Likes)
Isme game hoga, listing upper ho jaayega, fir retailer aa jayega isme, fir dump kar dia jaayega ..... Its a theory. Lets see isbaar operator apne pitaare mein say kya nikaalta hai.
एडिबल ऑयल फर्म रुचि सोया (Ruchi Soya) 4,300 करोड़ रुपये जुटाने के लिए फरवरी महीने के अंत में फॉलो-ऑन पब्लिक ऑफर (FPO) ला सकती है। रुचि सोया का मालिकाना हक बाबा रामदेव (Baba Ramdev) की अगुआई वाली पंतजलि आयुर्वेद (Patanjali Ayurveda) के पास है। न्यूज एजेंसी पीटीआई ने सूत्रों के हवाले से यह जानकारी दी है।
208.1. arunARUN| Link| Bookmark|
February 12, 2022 12:51:16 PM
IPO Guru (2000+ Posts, 1700+ Likes)
Current price of Ruchi Soya would have no bearing to optimal price. Current float is too low for reliable price discovery May be a third of current price may do the magic
@NKJ... I knew it was a sure shot allotment and on a lighter note meant it is rare result while ignoring the IPO name. I am used to see 0/4, 0/2 retail allotments in most of the popular and highly subscribed IPOs.
207.4. Dowg| Link| Bookmark|
February 12, 2022 3:33:36 PM
Top Contributor (300+ Posts, 100+ Likes)