AB Cotspin India Limited IPO Message Board (Page 4)

In retailer category there is no question of multiple lots in sme mostly. (Only 1 time I have seen 2 lots which was promax).but there also 1 lot is enough just like mainboard.

In hni category (please refer BOA- Basis of allotment & lokes explanation given below for full understanding).
It has advantage for sure if you have more funds but less applicants.
Eg in case of vivo (based on boa)
If you had applied 1 retail your chances of allotment were - 1/245 (after technical rejections)
If you had applied 1 hni with 2 lots your chances of getting allotment were 2/295 ie 1/147.5
So decide based on your funds.


For more info, you can read comment number 47 and 57 from this below thread if not already read :
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1178&c=468061&ap=0

You can find boa for most of the IPOs in our chittorgarh site itself.

I’m applying for 5crs.

I’ve applied for 5crs rupees

357 lots approx.

Dear anantagg & MRavi,

You have changed our HNI subscription numbers prediction, at last movement many needed to revise their applications for firm allotment, ;)

Eva I believe that’s not our problem.

@anantagg.. That is absolutely not your problem, but is ours. And we searching for solution :)

Dear anantagg..pls add more after listing.so after listing huge selling pressure can be controlled.so we small and poor people can sell patiently.(don''t mind Just joking)

I would rather avoid a situation where a few people can control and manipulate an entire float
@anantagg, Remember there''s always a bigger fish

I know there are millions of bigger fish than me. I’m just investing my money and trying to make money. I’m not trying to manipulate a share.

I usually apply at 2:55 or 3:55. From next time if you guys want I’ll tell you how much amount am I’m applying so that you guys can plan accordingly.

anantagg sir, at 3:55PM which bank is allowing to submit HNI application? and is this online application?

@spock...Million $ Question ?
@anantagg... please share how can we apply at 3:55 pm ?

You can apply till 3:59 from your offline broker. They generate a hard copy of application and lunch it online from there broker license and then you need to sign the application and submit to bank by next day.

This is the way which very few people knows and you need to talk to your broker for offline application.

its 50 shares in 1 lot now in eki, initially at time of ipo, it was 1200 shares in 1 lot.
Buying/selling will happen in 1 lot means 50 shares.

Why all of a sudden about eki😬?

Lot size is 50 roughly about 5.2lakhs as on today

@arca: badhta hua market and badhta hua share, sabko attract karta hai and sab enter karna chahate hai :)

@Avenue,
I will apply small lot only. I will check at 02:50 to decide. I may want only one lot not more.

Thanks

@avenue: i will apply around 2.50pm for no. of lots as per subscription that time to try getting for 1 lot only max by guessing approx 4pm subscription. when subscription doesn''t increase much from 2 to 3pm then it doesn''t even move much from 3 to 4pm also.

@MRavi Waiting to see the jump in subscription after your application :)

@MDinesh,
hahaha. no way, (its 10.09 C size IPO)

Thanks

I skip.. as i am already enjoying the circuits of roller coaster.. u circuit in nupur and lower circuit in vivo.. time to take a break.
According to law of averages.. sme will betray very soon...

@MRavi haha, IPO size doesn''t matter for you. Anyway, I noticed couple of spikes in past 30 minutes. You already applied?

All,
I applied 2 HNI 8 lots and 100 lots. too risky bet. lets see.

Thanks

I applied for 4 lots in HNI and 1 lot in Retail (Zerodha -UPI).

@MDinesh,
hahaha.
Any way I have committed in this too much. lets see,

thanks

Applied for 5 lots and 3 lots in 2 applications

Since I had already disposed VIVO with hefty profit, I am taking risk in this SME IPO and I have just applied for 9 lots.

applied 20 lots

@lokes,
very conservative. Hope i did not commit mistake like ABSL. lets see

Thanks

I too applied for 3 lots in HNI

@MRavi: sir luck is anyways not favoring these days so didn''t took much risk :)
if you and anantagg will not sell in preopen, then it may have some avg. listing gains :)

@lokes,
I don''t know about others. but YOU know about me. I will not sell this one also on listing. may be after few days if good IPO lined up

thanks

It happened again and I am loving it..
At 2:50 pm I felt as if I was on top and contributed my bit of 4 lot application to ABC. 30 minutes later I again am a beggar and on mercy of company by Lottery.

Seeing final figures I am inclined to accept the UPI mendate for retail applcation.
Should I...

@MRavi: ya sir, about you i know :) but this time you will be getting more than 10-12 lots. lets hope for some 10% listing gains at least minimum.

@Lokes this time HNIx has doubled from 3:00 pm till 3:45pm, from 3.0 to 6.73

HNIx 8.4, Time wasted again...
Nevermind looking forward for Timescan tomorrow...

With 1 more hour left, it may reach 12

@avenue: i was not taking about percentage increase means double etc, i was talking about absolute numbers. And at 2.50 when we check it shows around 2.40 time subscription only in Chittorgarh, for 3pm it will display at 3.10 around. At 3pm, it was 3.5 times approx today. If you calculate percentage wise then you can always apply for 2.5 to 3 times lot number than actual subscription at 2.45pm, to get 1 lot.

Applied 1 HNI 3 Lot and 3 Retail Appl.

@MDineshI
HNI cut off time is 4PM

@Lokes, you could merged your both applications in single, anyways you will still get allotment as lottery will be not tough.
Not sure how many shares of HNI will move to Retailers.

@Lokes.. I am not blaming anybody and It is not about me getting or not getting a lot, but more about not been able to take an informed decision and not knowing reason of it.

Many times we have discussed this cutoff time tragedy in past but unfortunately have never concluded. We could never find any bank or plateform which allowed HNI bids after 3:00 pm. For ICICIbank I can confirm that IPO application link of ABC was removed at 3:00 pm today and there was no option even to revise the bid. The only logical assumption was made by you that physical form application will take some time to be processed and hence final figure will increase a bit. But seeing today''s increase in figure, I do not think in today''s digital world when most of applicant are applying online, physical applications can form such a significant portion to increase HNI subscription from 3.00x at 3 pm to 9.45x at 4 pm.
If some big financial houses are allowed to place bids till 4 pm, then they do enjoy some unjustfied advantage over RII and HNI investors and SEBI etc. should do something about it. Even if nothing happens we atleast should know the reason.

My suggestion is to make a request to chittorgarh admin to investigate and conclude this cutoff time case for the benefit and knowledge of RII/HNI investors, as individually we have not been able to.

@Avenue See if this helps - https://www.chittorgarh.com/article/last-day-ipo-bidding-time-limit-banks/357/

Ofcourse stock brokers like Zerodha is not mentioned here

@ Avenue - This HNI subscription after 3 PM is happening in all the recent IPO''s . This needs more clarity as you explained .

@avenue: there is no blaming etc from anyone, you was just mentioning the point and i was just explaining my thing, all these are discussions and are always good to have and even i am that kind of person who like to have cross questioning also without being personally getting affected, unlike some other "Guru''s" who takes it personally.
Anyways regarding your point, i already asked @admin 2-3 times earlier in older posts when samjos asked once and there was no response. And you can see my response here for your questions, no other explanation for this as of now.
Check first reply from me here: https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1204&c=486899&ap=0

@spock: since i was not much confident so didn''t wanted to take risk, else i knew it can be 8-10 times also final figure. And other application i was applying in retail only but i am always very unlucky in retail whenever it crosses 2-3 times in any ipo so i just made that 3 lots thinking i may get 1 lot in any of 2 application.

@everyone: final subscription figures here will be 13 to 13.5x approx in both category after moving shares from HNI to retail. In sme ipo''s, whenever retail is more than HNI then they do balancing for making them equal.

@lokes
I think after rejection in retail, it would be around 12-12.5X subscription for both the categories.
Not expecting much rejections In retail but still many might not able to accept the UPI due to fund and UPI errors and some might have already cancelled the applications becs HNI numbers were not good before 2:30 PM. My 10 lots application also will be in lottery, fingers crossed.

@lokes , Is it for sure that shares would be moved from HNI quota to retail quota, since retail subscription is higher? Or does it depend on the LM/SME? This kind of adjustment appears odd to me

I am applying SME IPO since last 8 years. I always consider before applying following things.
1) Issue price
2) Lot size
3) Business category
4) Last three years Balance sheet.
5) Future Growth in business
6) EPS
7) And most important primary market situation.

If primary mkt is in correction mode, I never apply in SME IPO.

My Sucess Ratio is 45%
Thank god I didn''t loos my money.

Best of luck.

@ipo electrifying
Could you please give more info
about 1) Ipo size 2) Lot size that what scenario is good for applying like lesser the IPO size or Lot Size more is the chances of Listing gains ?