Every day and every moment everything is appreciating. Sensex on all time high. Earlier it was 6k to 7k. There after limit increased to 15k. Again a new category in HNI introduced, sHNI. Now see the result. Retailers have moved towards sHNI now. Investors are progressing, financial and knowledge wise both. In my views with your opinion, I may beyond one step further and make a lot size for application but for allotment all the applicants should be allotment at least one share if not more. And if one share is not possible go for lottery even for one share. Trading lot is already one share. 😀😀😃😃😀
Rather than decreasing the limit i feel SEBI should increase the limit for retailer to 20K.
91.3. PUTIN| Link| Bookmark|
July 23, 2023 4:36:01 PM
Top Contributor (200+ Posts, 100+ Likes)
Sebi should remove hni category, and reserve 50% shares for qib and 50% shares for rii, let hni investors apply in qib or rii category, allotment chances for rii will increase
No need to reduce the amount in retail category instead they should reduce hni from 14 lots to 5 or 7 lots . By reducing hni allotment size listing gain will also be increased as less selling pressure will be their.
@G M Surana we should write to SEBI to decrease lot size value of SME IPO like it reduced lot size value in InvIT. Reducing SME lot size value will increase allotment chance.
91.7. IpoZINDAHAI| Link| Bookmark|
July 24, 2023 2:49:19 PM
Top Contributor (300+ Posts, 200+ Likes)
BHNI and SHNI has been such good move. It has resulted in participation even from retailers who earlier never used to apply in IPO because of 1 lot being only 15,000/-. 15,000 is still not lucrative since 1 lot allotment results in mere 2-10k profit.
SEBI should increase the Retail amount to 30k, this way someone who is alloted 1 lot also can think for holding 15k worth share. Also will result in more profits for retailers.
Right now even if 1 lot in retail after booking profit, hardly 5k-7.5k amount worth share retailers hold, if at all they hold.
I was apply in SHNI category from SBI SB account. My plan is to apply in BHNI category in future. Pls advice if anything needs to be taken care or its the same process i.e increase the qty and apply above 10 lakhs by which by default it will be BHNI.
90.1. Basuvr| Link| Bookmark|
July 23, 2023 7:11:48 PM
IPO Guru (2000+ Posts, 1100+ Likes)
It's same process, just increase the lot while applying
I think lot size setup is very resonable, no need to change. Only thing SEBI need to look after is valuation.. There must be something on table for those who are alloted.
3rd Party 3rd Party 3rd Party sunte sunte kaan pak gaye. [10 trading +Demate ] account hai to 10 bank account bhi 100/% hai . phir 3rd party kyon? ?? Sub golmal hai bhai golmal. Sabzi wale, Chai wale, GoopChoop wale ka Account kholo Rs.500-700 dekar kiraye par Account lo aur [ khud ke bank account se 3rd party Apply karo ye hi sab hai na ?? ]
Ek baat bataiye agar allotment mil bhi gaya third party me listing pe bech bi diya to jayega to wapis demat se linked bank account me hi na to fir third party se karne ka fayda samaj me nahi aaya..
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More updates: 1.Yatharth hospitals IPO coming with artificial created demand 2.SBFC Finance coming with expensive valuations but strong business and outlook And also strong demand possible 3.Pyramid Technoplast IPO to hit soon
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78. SONMAYA| Link| Bookmark|
July 22, 2023 3:03:50 PM
IPO Guru (1300+ Posts, 500+ Likes)