friends, TATA TECH me Retail...52Lakh Apllications aaai thi or VI me 42 Lakh Successful alotee is possible. SHNI me 222000 Applications aaai thi or VI me 45000 Successful alotee is possible. BHNI me 125000 Applications aaai thi or VI me 90000 Successful alotee is possible.
So in VI if subscriptions pattern just follow subscription of TATA Tech then also Retail will be 1.2 times SHNI will be 5times BHNI will be 1.5(7.5) times
And we all know durring tata there were three ipos and these time only one ipo is there, so figures will rise, hence firm allotment is not all possible.
Pattern follow hone ke chance kam hai ,tata brand and craze alag tha ,Vi loss making company,brand bhi strong nahi ,Tata ka GMP always more than 50% tha,isme 13-15% hai
Sir exactly what should I do, just keep money simply in account or mail to registrar? It seems allotted but only just coz upi limit exceeds which I didn't pay attention.
261.2. Seth.| Link| Bookmark|
April 24, 2024 2:12:20 AM
IPO Guru (1200+ Posts, 600+ Likes)
@mohan hemnani You not need to worry anything you will get shares in demat on time and money will be deducted later anytime just keep money in the account equal to allotment until it debits. You have nothing to do or mail anyone for that.
260. Silent lion| Link| Bookmark|
April 17, 2024 6:12:04 PM
Top Contributor (300+ Posts, 100+ Likes)
Is me ek chij kisi ne mark ki hai... 2lakh ya 10 lakh ka subject 2 bhav kahi pe nhi hai... Y?
#HOS #Buzz in market Market Rumours: Adani may announce VODA IDEA takeover after elections. Deal stiched in backend already. All due diligence and paper work completed. #Adani #Idea
257.1. UjwalG| Link| Bookmark|
April 17, 2024 11:35:20 PM
IPO Guru (1300+ Posts, 600+ Likes)
Agar paper work completed hain to news valo ko kaise pata nahi chala?
Keeping in mind the fact that the financial performances are consistently poor/ very poor, can we expect it remain above rs.11 and bring some profits. Respected members for opinion pl.
One should not expect any fireworks during listing or for that matter in short duration thereafter. However, this counter has potential to reach levels of 17 which may not happen so soon. No recommendations, please evaluate yourself before taking any call. Best Wishes and Happy Investing !
Facts for RETAIL Vodafone Idea FPO: 35% reservation 6300 Crore Divide by Rs 15000 Need 42,00,000 Retail investors for firm (confirm allotment of 1 lot) In Tata Techno (MAHA IPO) received: 41,15,879 applications. So need as much investors to meet this SUPPLY. (Or people should applu higher lots)
> Not all RETAIL will come for such FPO > F & O will not help for a small retail investor (80000 Share lot) > Limited people have grey market access
Mega IPO history: Adani PayTM LIC Reliance Power
There is Greed, Risk and Opportunity. :)
Comments please...
Sorry for the previous wrong calculations. Thanks for the quick reply.
Another small correction, here retail lot is at Rs 14278 (at Rs 11 for 1298 shares). Hence by dividing the retail portion of 6300 Cr by 14278, number of applicants for full subscription comes as 44,12,382 and not 40 L Appears, retail portion will remain undersubscribed. Will be interesting to watch subscription figures.
255.2. arunARUN| Link| Bookmark|
April 17, 2024 11:14:04 PM
IPO Guru (2000+ Posts, 1700+ Likes)
Fact is average retail application across issue is Rs 21,000. Many investor either dont know about 1 lot or care By percentage at least 30 percent applicant applies more than 1 lot. See random basis of main board allotment details Some even put maximum lot in retail category even in well subscribed issues So logical numbers are not the right way to look at it specially in a well known name
15000 is for ease of calculation and understanding
255.4. Learner SK| Link| Bookmark|
April 18, 2024 9:27:05 AM
Top Contributor (1000+ Posts, 200+ Likes)
It is a loss making comapny and RII should be 10% as per my knowledge. How come it is 35%.
255.5. MuStrFc| Link| Bookmark|
April 18, 2024 9:39:03 AM
IPO Guru (3000+ Posts, 2400+ Likes)
@Learner SK That requirement is for IPO, since this FPO, its allowed
255.6. Chhote Lal| Link| Bookmark|
April 18, 2024 10:31:47 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@WorthLearning Yes, that is understood but this resulted in additional 4 L applications. Let's see yo what extent this FPO gets subscribed.
255.7. Chhote Lal| Link| Bookmark|
April 18, 2024 10:43:29 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@Learner SK Understand it is permitted in case of FPO. Companies conducting an FPO are subject to fewer regulatory requirements compared to an IPO, but still need to comply with relevant securities laws. Hence, 35% for retail. Had it been IPO, retail quota would be 10%
255.8. M Gupta| Link| Bookmark|
April 18, 2024 10:47:48 AM
IPO Guru (1100+ Posts, 3300+ Likes)
Retail will easily oversubscribe as many shni will come for below two lac size application. Further many will apply more than a lot as share is quoting above 13 ( issue price 11).
Small application GMP is Rs 1800 per app.
It’s difficult to cross tata tech applications by number but will certainly cross amountwise by a hugh margin.
@M Gupta Thari baat to sahi se par kya -2 L (14 lot) wale 3,15,000 investor, chahiye 6300 Crore absorb karne ke liye.
Without F and O mushkil ghani che.
Upar se Tata Techno main 1,80,000 Application ayo thi SHNI.
Mare ko yeah 3,15,000 mushkil Lage hai.
Par dekhiye....
Expert Comments please
255.10. Chhote Lal| Link| Bookmark|
April 18, 2024 11:07:52 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@WorthLearning Not any expert, but retail portion needs over 44L applications to subscribe full. This FPO may not get those many applicants even if some of sHNI shift to retail.
255.11. M Gupta| Link| Bookmark|
April 18, 2024 11:15:38 AM
IPO Guru (1100+ Posts, 3300+ Likes)
Plz remember TATA shareholder quota below two lacs had 2.75 lac applications
M Gupta ji was absolutely correct. Retail quota indeed oversubscribed that too when GMP was very low throughout the day. Had the same GMP as it was 4 days ago continued till now, this would have certainly oversubscribed.
@TARU PANDYA I agree with @MuStrFc This is not going to be undersubscribed in all the categories. Maybe a little in retail.. So, almost no chance if you bid at 10..
253.3. Smile✍️| Link| Bookmark|
April 17, 2024 8:13:10 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@TARU PANDYA ⚓. List is out, their bid price is 11, so 10 means non allotment
@TARU PANDYA Retail quota is 35% and Balance 65% will be filled by QIBs and HNIs where price is not likely to be finalised at lower end. Expected final price will be 11 only. Toh 10 mein nahin dena padega phir ...
@TARU PANDYA Assuming you apply at 10 and price for IPO discovered as per bids is 11, you will not get any allotment. For retail category one should opt for cut-off price, where by you will be entitled for allotment at both lower and upper end price level. If an investor selects the cut-off option, they become eligible for allotment at any issue price discovered through the book-building process. However, the cut-off price cannot be selected for HNI applications, i.e., bids above ₹2 L. If you are applying in other categories than retail, select bid price as 11 to avoid non-allotment. Best Wishes 👍
Sang ,kindly just share your view considering current situation in grey market to apply or not for those like me, who dont have grey access.Probably discount listing is not going to happen it seems.
@JOYS FPO is follow-on public offer and open to all. It is rights issue where one needs to be holder to be eligible. Also, in case of specific share holder quota reservation - one needs to be share holder to qualify for applying in that category. Here, you may apply bindaas 🙂