Shri techtex won't be five lot I guess. Maybe 9lot. Not sure about the lot value. But the allotment changes will be higher in yatharth comparing Shri techtex sme as you're applying in bhni category.
Hi Experts, wanted to apply in bhni as no luck in retail from last 1 year, on safer side how much subscription from QIB can put this ipo on safer side? just assumption
267.3. Finexpert| Link| Bookmark|
July 28, 2023 1:19:20 PM
Top Contributor (400+ Posts, 200+ Likes)
For safer in bhni category, QIB should cross Atleast 50 60x . Amount of more than 10k crore by QIB indicates comparatively safer listing atleast without any loss.
266. PLAZA| Link| Bookmark|
July 28, 2023 11:16:48 AM
IPO Guru (2000+ Posts, 1200+ Likes)
Hi everyone just 1 observation, I just noticed while applying for IPO through AU Small finance bank ASBA facility, in Investor category it only asks for either individual or corporates. They donot ask whether it is Retail or HNI application (like most other banks do). I hope it does not leads to rejection due to incorrect information. I am asking this coz I am applying in all major IPO's from 2 accounts in Mainboard or SME category since last 9 months through AU SFB & did not got any allotment in any. So just wondering if AU Small finance bank is the culprit behind it or its sheer bad luck :( ? Btw is their anyone has applied through AU SFB & has got allotment recently ??
Do you get emails or message of registrars for non allotment? If yes then it is bad luck due to oversubscription. You can also check your allotment status on Registrar website...mostly it is non allotment due to oversubscription.
Yes, I do get emails for non allotment. But I am sure the same non allotment email will go to even those accounts whose application got rejected due to any reason.
Don't worry Apply Yatharth Hospital will not list in negative. As per the grey market it will give listing gain of 25% to 30%. It's my opinion l have applied just few minutes before.
@Noorul@Monster Zero@Arjun Rajkot Respected members, How good is the fundamentals?Will it list in negative and will it go up after listing in short term. Kindly guide us
I want to ask to all fouram members that should we get good return on FD instead of applying that money in IPO .
And I know we can Fd and take overdraft against Fd and can send that amount to our self saving account and can apply but due to that per account transaction will we more than 1cr debit and 1 cr credit it will creat big problem with such transactions.
So what we should do for it and ROI of Fd is good than ipo???
Fixed deposit return is like 7% on p.a basis meanwhile in IPO you can make 50-60-70% on listing , there is no comparison between between primary market and FD's , as you said you can take overdraft against the FD but overdraft interest will be upwards of 9-10% , even if you get allotted ipo's in HNI you can easily cover this interest ....
@AnmolJiii dependent on what bank you use, instead of having regular FDs, you can setup linked FD or sweep FD (or other terminologies used by various banks). These FDs allow you to earn FD rates as well as be used for IPO applications. Only on successful allotment the FD of that much amount gets released, leaving rest as is. With this you get the benefit of both - FD rates on unutilized funds and IPO allotments that can give potentially much higher returns.
Hope it makes sense. I suggest you speaking to your bank’s relationship manager to understand better.