@IPO Hawk Retail portion needs over 44L applicants to get fully subscribed which does not seem to be happening. Hence, no lottery. Each applicant in retail will get sureshot one lot plus additional lots/shares on pro-rata for those who have applied multiple lots.
its going to touch 12 even today how will it handle the pressure next 2 days specially the pressure on listing day when everybody will sell ........ Additionally they kept its price near 13 or above from last 1-2 week, now after FPO what they bought for keeping it up that they will also sell tomorrow onwards.............. lagta hai only those will earn who have hedge postion.............. I am out ......... for that reasons
If we applied one lot in retail at ₹10 eg. Lowest price, Retail quota remaina under subscribed what are the chances of allotment? Is there any chances that HNIs will get allotment in retail at cut off price...
HNIs have to mention the price while applying, most will apply at cut off only and will receive retail unsubscribed quota.
Retail applying at 10 will not get allotment, retail quota when undersubscribed will be transferred to other categories who applied at cutoff. Here also same will happen.
@Kransh Sir, provisions related to applying at cut-off price is available only to Retail segment. Others (bHNI or sHNI) have to necessarily put the price manually.
634.3. MuStrFc| Link| Bookmark|
April 22, 2024 2:47:51 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@GN That is termed as double application in one name. Your both applications are liable to be rejected. Instead apply for 26 lots from one account, if it favours your risk appetite
One pan one application, no. of demat accounts does not matter. If both demat ac are in your name with same PAN and you apply in both, it will be considered as multiple applications and both will be rejected.
633. Safe Bet| Link| Bookmark|
April 22, 2024 2:40:25 PM
Top Contributor (500+ Posts, 100+ Likes)
what should be considered as a GOOD QIB subscription multiple in VI 5x? Any opinions pl?
633.1. Mr. Singh| Link| Bookmark|
April 22, 2024 2:48:10 PM
IPO Guru (1000+ Posts, 600+ Likes)
The issue has already sail through. Lot of support has been received by QIBs and NIIs. Retail quota is not likely to be subscribed fully. GMP not good but subscription figures look interesting, inspite of such a big loss making and big size, I.e.18k crs. Different opinion of members. But I may share the lines for small and medium level investors with less risk appetite :
**IF YOU WANT TO BE HAPPY TAKE DECISIONS ACCORDING TO YOUR PRESENT SITUATION, DECISIONS TAKEN BY SEEING OTHERS, ALWAYS REMAINS UNHAPPY**
@parmod gupta Retail portion is too big. Even if retail segment manage to bid for Rs 6300 Cr owning to multiple lots, it is highly unlikely that 44L retail applicants will apply in this issue.
Hello Experts, What if I apply FPO on lower price band in retail, what happens if retail is not fully subscribed but overall the FPO is fully subscribed? Do I still get shares on lower price band?