Capacit'e Infraprojects Limited IPO Message Board (Page 68)

your name is HNI, apply as HNI, but with 2.5L it would be as good as retail(due to over subscription)

Contact your broker. He will arrange funding for you. With 2.5L you can get funding of upto 2.5 Cr. Ofcourse the broker will charge interest for it but if you wish to take a big dive, its the only way.

If you apply simply with 2.5L, chances are you will get very less allotment, may be lesser than what you may have got if you used that money in Retail Segment Application.

Another way is to find family / friends who don''t apply for IPOs. Apply on their behalf and enjoy the benefit of applying under Retail Segment.

@ RKB n juju. Nice comments :) your posts make this forum alive

Can anyone please explain how shares gets allotted to HNI investors? How it is different from RII?

@AshIPO.... Retails & HNI have different quota. Both are Allotted against the total number of applications received. Retail Applicants usually apply from their money which is capped at 15k per application where as HNI apply via borrowed money and there is no cap.

@share view you are the real star Pls keep guiding us with your analysis.

wait for listing day..you can buy worth 2.5 lk

Thanks Rajkumar.
But I don''t understand why allotments chances are less for HNI if we apply with 2 lacks.
Can you please elaborate?
Is there any formula to calculate the allotment chances. Can you please give me some example?

Thanks ShareView, we learn from you and others and try to share what we learned and there is more to learn

@AshIPO please go to this link below and try to read and understand The Basis of Allotment of Avenue Supersmarts
/ipo_basis_of_allotment/avenue-supermarts-ipo/615/

There you will find that if we had applied under HNI category with just above 2 lakh . i.e. 700 shares, ( Since here the proportionate allotment is done) you effectively will get = 700/277= 2.52 shares,
But this is not possible, minimum lot you can get is of 50 shares. So within Category of 700 shares, only 27 applications received allotment against 522 applied.

So, conclusion If you apply in HNI category , make note of expected subscription and then decide how much to apply to get confirm allotment


Now compare this with Retail. With 2 lakhs you would had at least 13 applications(200000/15000) to apply and have more chances of allotment because retail app-wise subscription remained 7 times i.e. 1 out of 7 got allotment

I hope it helps, if not do read first Basis of Allotment in above link

Thanks for the detailed explanation juju. It was really very helpful.
Just one doubt. Is 277, number of times subscribed in the HNI category? I see that HNI was subscribed 272 times in dmart page. Please correct me if i am wrong.