Please share your opinion whether to apply for listing gains. Anything left on table?? Thanks 🙏 in advance
25.1. lokes| Link| Bookmark|
December 18, 2023 1:53:17 PM
IPO Guru (4300+ Posts, 5100+ Likes)
i have applied multiple retail applications here....applying in siyaram in smal hni application...and in inox... yes benchmark can be applied for listing gains in my view
Many thanks Mr. Lokes but greatful if you can post your views little earlier as many Banks close IPO subscription by 2 pm. Humble request, next time give your msg latest by final day morning. Believe me many small time investors value your advice as 🥇. Thanks 🙏
24. k l patel| Link| Bookmark|
December 18, 2023 1:55:27 PM
Top Contributor (400+ Posts, 100+ Likes)
Need Some help from an expert, I am not understanding sme hni allotment process. Is it lucky draw? is it proportionate basis? I recently applied in presstonic ipo worth 10.5 lakhs (approx) from 2 accounts. Both of them had the exact same number of lots applied and one got allotment and the other one didnt. The one that did get allotment is, however got for only 1 lakh. It doesnt seem to be lucky draw, otherwise I would have gotten allotment worth 2 lakhs (for hni). It also doesnt seem proportionate basis cause then both the accounts should have gotten the allotment. Because if this I am not understanding whether I should apply for only 2 lots in small hni or the maximum possible amount to increase my chances. Pls help as im sure many are facing the same issue.
Try going through BoA of any concluded sme ipo...that will give you a very good understanding...
Sme allotment is proportionate in hni...
You get firm allotment only if your bid is equal to or higher than the oversubscription...
Ex: If HNI is 100x
HNI application of 100 lots get 1 lot confirm HNI app of 200 lots get 2 lots confirm HNI app of 300 lots get 3 lots confirm
HNI app of anything less than 100 goes into lottery and lucky ones will be allotted only 1 lot..
10.2. Basuvr| Link| Bookmark|
December 16, 2023 5:49:38 AM
IPO Guru (1600+ Posts, 800+ Likes)
For SME IPO allotment is done on proportionate bases and even if you apply for 50, 100, 130 lots in oversubscribed IPO you will get only 1 lot if allotted in lucky draw
Refer below thread to understand the allotment process in SME, this should clear your doubt
BEWARE OF LOWER CIRCUIT USUALLY WHAT I OBSERVE THE SME IPO LISTED SHARES GENERALLY STUCKS IN UPPER CERCUIT OR LOWER CIRCUIT ............ LOWER CIRCUIT ALWAYS DANGER.............