Vishnu Prakash R Punglia Limited IPO Message Board (Page 19)

If SBI doesn't rectify the mistake, then subscription here will increase more than expected as even bhni funds are unblocked upto 80%. So chances here will be lesser while in aeroflex chances of other applicants will increase.

i have been aplying ipos from 2 years now but never got allotment thru hdfc asba no allotment in recent IPOs aswell mostly applied in SHNI and retail, anyone in the same boat?

Sir I have Got 3 in HSBC, 2 in Concord and 1 in pyramid while applying through HDFC asba Retail

​@Vimal Garodia very true

Can anyone explain Allotment Process of shni and bhni. Is it lotery/proportionate/both basis,.Thank you.

Since April 1, 2022 sHNI and bHNI follows allotment similar to retail
Retail rule is allot 1 lot to every one if possible else lottery. However if shares are left after alloting 1 lot then prorata
sHNI - same as retail but number of lots become 14
bHNI- If bHNI oversubscription is more than 5 times then allot 14 lot to every one by lottery. If less then 5 times allot 14 lots to everyone then prorata for balance

Read my latest comment i explained in detail by clicking my name you will easily understand

GMP
vishnu 52/55
aeroflex 65/67
Rishabh 52/55
ratnaveer 32/34
basilic fly 1.80 lakh sub to

aapne Pyramid ka GMP nhi likha sir

pyramid 18/20

Is federal bank allow 3rd party ASBA at present or any other bank?

Union Bank of India also allowed 5 applications from single Account

Bro have yu applied ipo application five different demat account

Infra EPC company with focus on Water supply projects, railway, road and irrigation projects having presence in 9 states and 1 UT and owns 499 construction equipments
YoY EBITDA margin improved from 9.7% to 11.2% to 13.6%
Decent RoCE for the last 3 years and D/E ratio less <1 for 2 out of 3 years
Order book of Rs 618 cr of which Rs 380 cr will be executed in future
Company has around 900 employees on roll while as per EPFO establishment records, company has deposited PF of 35 employees in Jul-23 and 42 employees in Jul-22
Borrowings from PSU banks are around MCLR +2.7% which works out to 10-10.5%. Company has borrowed from related party @ 12%
Poor cash flow for the last 3 years, against PBT of Rs 207 cr, CFOB4T is Rs 73 cr, mainly due to YoY increase in inventory and receivables
Of the issue proceeds, Rs 62 cr will be used for purchasing construction equipment while Rs 150 cr will be used for working capital funding
Based on working capital projections, company intends to do revenue of Rs 2040 cr in 23-24. FY 22-23 revenue from operations was Rs 1168 cr. If 23-24 projections are achieved, valuation would be cheap on given IPO price
Professional and consultancy fees have jumped from Rs 2.2 cr to Rs 5.1 cr.
Increase in sub-contracting charges is in line with increase in revenue
Out of total receivables of Rs 199 cr, Rs 23 cr is due for over 1 year

Off topic:
Global Pet share are trending high.
​@SSingh @MRavichandran 
Is there any news for global per for 20% upper circuit and moving high?
Should we hold it further

Global pet has underperformed many days.it is a unique business company with very good future prospects.worst companies are hitting daily uc ,global pet deserves continuously UC untill atleast 200...very good company

@arvind bhai, Essen’s results were not as good as Investors expected hence I completely exited with small profits. To me, next rally candidate is ‘GreenChef’ (Already significant rally is there in last 2 sessions). I have several lots of GreenChef and average is around ₹105.. So I don’t recommend you to buy just from my advise as SMEs are very risky and can go in any direction. Who knows operators start dumping and it starts hitting LCs hence I request and suggest every SME investor to invest after checking the promoter quality, future expansion plans, your risk appetite, holding capacity etc. Thanks. 🙏🏻🙏🏻

GMP stable at 54-55

Final Call tomorrow

But Applying FF is almost certain

How to know my ITR is verified by A.O or not ? although it is verified from CPC and the status shows " Processing Completion ✅✅✅✅ "

Login to your account on income tax site
Then go to profile
Then click on jurisdiction details

Applying FF

bHNI receiving pretty tepid response as of now.
Any specific reasons ??

Funding wale 14% interest rate pay karte BHNI apply karne ko
agar aaj hi apply krdete to Aaj ka Saturday Sunday ka interest bhi include hota
Monday ko apply krenge only 4-5 days ka interest lagega
Main reason yehi he Monday 2PM tak BIG HNI subscription dekhna 100 Times cross karlega

hahaha.. actually this post was about bHNI subscription :)

Should I need HNI account in SBI to apply in ASBA for sHNI and bHNI. My bHNI application hold for Aeroflex was removed next day without any reason.

@KGSKIPO

no need any special account,, just need amount and should submit right details

How come hold created and removed the very next day? If right details were not submitted, then it should be technically rejected for which hold is released post BoA.
​@KGSKIPO are you sure it was for Aero?
FYI, There is no such account as HNI in any of the bank.

Expected Subscription category wise:_

1. QIB- 80 times
2. BHNI- 60 times
3. SHNI - 60 times
4. Retail - 25 times

Is the estimated fiqures are correct?

Kal Aero ka subs dekh jar lag raha tha ki logo je pass unlimited money hai,lekin aaj iss ipo ka subs dekh kar samajh ayaa limited paisa hi hai,
Thanks yaaro
Dis: i don't have even limited money unfortunately

​@Admin @ Chittorgarh.com 
Plz. Mention PE : 13.61

That EPS is Pre-issue

Calculate by adding No.of Shares issued under fresh issue and then Calculate M.cap at 1234 cr and then divide by annual Net profit
You get your answer 😀

Got it 👍

In IndusIND bank ASBA, i had applied ipo with category selected as IND but applied lot for BHNI. I believe i had to select the category as NOH (Other - Non Institutional Investors).
Will my application be rejected?
For shni and bhni, should i selected NOH category?

Yes @Akash Jaiswal

@Tejas Pandya sorry my question was incorrect. actually I wanted to know whether Indusind Bank allow HNI application to be made from Minor bank account? Because from IDBI bank account I am able to make application for amount only upto Rs 2,00,000.

I HAVE MY TRADING ACCOUNT IN ICICI SECURITIES AND SB ACCOUNT IN ICICI BANK LINKED TO THE TRADING ACCOUNT. IF I APPLY THROUGH ASBA THROUGH MY SB ACCOUNT IN SBI WITH THE SAME PAN. KINDLY ADVISE WHETHER THIS WILL BE TREATED AS THIRD पार्टी APPLICATION OR NOT.

Third party are those applications where demat is in your name but bank account is someone else name. So in your case ,your application is not a 3rd party application. Its treated as right application
Ps, please use small caps to write queries. Using large caps seems like someone is shouting

Thank you very much.

​@Admin @ Chittorgarh.com Dear Admin, is there any separate discussion happened on IPO funding. I would like to know the current NBFC's that are providing funding. contacts, interest charges and procedure. If this information is already discussed pls provide me the link. Or if you find any best article on this pls share

Hi IPO experts, what would be the best strategy to apply in vishnu prakash IPO with 25 lakhs funds. I am thinking to apply in 12 SNHI. Any other suggestions pls

Off topic but I think it's the best time to buy the dip in the market

Bought some shares of JIO fin, let's see what is announced on Monday.