Be selective, if you will apply in all then high chance that result will be normal only. Apply in good demand IPO only either miss or hit, Game of Luck. Secondary market is already there with all kind of materials to play with.
U need to change ur strategy once alloted. If applying for listing gain & flat or discount listing happens, exit asap from that stock. If shares list in premium, Sell few shares & carry rest shares with trailing Stop loss.
By applying this strategy u may miss some profit but u will save a lot of capital.
100x overall subs 3000 crores 200x overall subs 6000 crores I think these numbers are mind blowing if it happens I think overall subs would be in the range of 30-40 times. Hni is also in similar lines. Surprised to see more than this.
@lokes bhai kya lagta he aapko. Listing game he ya long term? Ek starlite problem he isme aur company not seems promising for future (also present). Your thoughts on this company.
141. lokes| Link| Bookmark|
September 7, 2022 2:17:23 AM
IPO Guru (4400+ Posts, 5100+ Likes)
anyone tried deleting retail application in bank asba mode? kotak/hdfc or any other bank..... when they unblock funds? , instantly after application deletion or after some minutes or after some hours approx when ?
@Lokes I confirm in RBL, after deleting the application, money will be unblocked instantly. In HDFC, I applied during 2014 ~ 2019 period only, as I remember, money unblocking is not instant after deleting the application from HDFC during that period, currently I don't have any idea.
If we cancel already processed application with exchange the banks first submit cancelation request to exchange in anytime between 10am to 4pm , after cancelation confirmation from the exchange then they unblock funds.
If application not processed with exchange then it cancel immediately and fund unblock also quick.
141.4. Smile.| Link| Bookmark|
September 7, 2022 8:06:09 AM
IPO Guru (1800+ Posts, 1100+ Likes)
@lokes Once you delete application, fund may remain blocked till date of refund. So if at par probability, better to continue.
141.6. lokes| Link| Bookmark|
September 7, 2022 1:05:10 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@bhavdip: i was not asking for this virtuoso application, it was general question. i have applied one retail application in megaflex yesterday night itself, so that one i wanted to delete to use funds in other, megaflex i can apply later also with other funds from some where...
@lokes, Recently (in the last 30 days only) I did it 2 times in some other IPO (can't recall) in Axis Bank. Fund was released instantly in let's say 2 mins.
I hope, this helps.
141.9. lokes| Link| Bookmark|
September 7, 2022 11:16:53 PM
IPO Guru (4400+ Posts, 5100+ Likes)
thanks @GJ @KDKing and others for your reply... i didn't tried deleting application then, thought of letting it be....
@Venkat garu, I'm Suneel and we both worked in Motorola(from TCS)... Are you still in US or back to India. Please ping on my yahoo email id...call me on my cell number(i think you should have my number)...
135.3. hbk| Link| Bookmark|
September 7, 2022 1:48:30 PM
Top Contributor (300+ Posts, 100+ Likes)
In HNI in case of over subscription, minimum 1 lot will be allotted. If number of applications exceed number of lots available, then lottery of one lot.
Jay Mata di .As per the RBI guideline NBFC can not fund fore ipo more then 1 cr so chances of nbfc funding is against property or shares and that will not be significant. Subscription Above 200 will be big surprise.it will not cross 150 as per my understanding.
134.1. Takamichi| Link| Bookmark|
September 7, 2022 10:38:25 AM
IPO Mentor (800+ Posts, 700+ Likes)
Beside kn, no ipo this size will be able to garner that much subscription and that too happened with old rules and with qib quota..... It's not a 2 to 5cr ipo.....
please note In sme IPO icici bank closing time 3 pm on final day .. and other ipo time till 4.30 on final day.... i appling in sme as well others ipo also from icici bank so i am aware about that
SME IPOs and MainBoard HNI applications have 3:00 pm cutoff in ICICI Mainboard RETAIL application have 4:30 pm cutoff in ICICI Till last time I checked...
01 સપ્ટેમ્બર 2022 થી MAINBOARD IPO & SME IPO પ્રક્રિયા
1. UPI આદેશ * MAIN BOARD IPO & SME IPO ના છેલ્લા દિવસે સાંજે 5.00 વાગ્યે સમાપ્ત થશે. તેમજ તમામ ફેરફારો દા.ત. (PAN મિસમેચ/DP ચેન્જ) પણ IPO ના છેલ્લા દિવસે સાંજે 5.00 વાગ્યા પહેલા કરવાનું રહેશે.
2. વેબસાઇટ પર ફક્ત અવરોધિત બિડ્સ પ્રદર્શિત કરવામાં આવશે
3. HNI એપ્લિકેશન 2 લાખથી 5 લાખ માત્ર UPI દ્વારા જ *બીડ કરી શકાય છે.
4.તે 5 લાખથી વધુ MAIN BOARD IPO & SME IPO નું ફોર્મ ફક્ત સિન્ડિકેટ અસ્બા શાખાને મોકલવાનું રહેશે. 6. સિન્ડિકેટ અસ્બા શાખામાં 5 લાખથી વધુ અરજી સબમિટ કરવાનો કટ ઓફ સમય IPOના છેલ્લા દિવસના સવારે 11.00 વાગ્યાનો છે.
Thank you all for the information. I have noted that the hard cutoff is 3:00 PM currently I am new to SME IPO and was under impression that the timing is 4:00 PM