For 5 Lakh Application If NII is oversubscribed by Times ------- Lot you will get 15x ------- Minimum 2 lots 34x -------- Minimum 1 lot 70x -------- 1 lot if you are lucky in draw - 1 out of 2 application 140x --------1 lot if you are lucky in draw - 1 out of 4 application
HNI is expected 150-200x in this one. So mostly you will not get anything if you apply in HNI. Apply in retail. If possible apply multiple retail applications.
In this IPO 35% is for Retail so retail has higher chance of allotment.
Following are BoAs for some of recent oversubscribed IPOs where BoA is clearly available in this forum -
1) Chemcon Retail 2 out of 53 NII 14 lots 22 out of 707
2) SbiCards Retail 66 out of 79 NII 14 lots 12 out of 37
3) Ujsfb Retail 35 out of 1102 NII 14 lots 35 out of 1169
From above it would be clear it is better to apply in retail.
Also this may not get as high retail subscription as Indigo due to various reasons like lack of funds, lower gmp etc. so that increase chances of allotment in retail.
143. arunARUN| Link| Bookmark|
January 24, 2021 11:08:15 AM
IPO Guru (1900+ Posts, 1600+ Likes)
I doubt whether any premium will be left by date of listing
Home First Finance Ipo Good company, I m apply this ipo
138. Aniketiaf| Link| Bookmark|
January 23, 2021 8:26:10 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@ Hardik Gosai ji,
Regarding your query on Bharat Rasayan Buyback---
While deciding Entitlement(ER), If it comes in fraction, than it is not considered. But, During final acceptance (AR) , if more shares are accepted than ER, that time fraction shares are not only considered but given priority also.
I may be wrong also, so better you take advice from genuine experts before act.
If any member has more idea on this matter let post a message for us.
Thanks.
138.1. Aniketiaf| Link| Bookmark|
January 23, 2021 8:36:15 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Even admin@Chittorgarh.com can also throw some light on this matter if possible.
138.2. jajo| Link| Bookmark|
January 23, 2021 10:32:09 PM
Top Contributor (300+ Posts, 200+ Likes)
In the matter of additional shares in buy back, most companies give priority to those shareholders who are holding less number of shares to be eligible for buy back, at least offered 1 share to buy. This will be clearly mentioned in the offer letter as in the case of TCS buy back.
NCDEX approx 500cr IPO is expected in Feb end or March first week
136. MAMU| Link| Bookmark|
January 24, 2021 8:15:49 AM
IPO Guru (1600+ Posts, 1100+ Likes)
GMP hovering around 100 level. It seems not sustainable on upside. HNI cost will be lower if monday market will volatile and premium will more hammer from here. Listing after budget. Anything can happen. Fund shortage for this ipo by small investors. Retail category will assume 4-5 times only. Lets hope for better Monday Have a great Sunday ❤
135. MAPatel| Link| Bookmark|
January 22, 2021 1:31:09 PM
Top Contributor (300+ Posts, 100+ Likes)
Aniketji, Please share your view for this IPO.. Whether apply full force or apply with limited a/c or avoid.. is there how many % of listing gain possible for this IPO ?
Thanks Aniket Ji, What about GAIL buyback, gather small quantity around 132 yesterday.
135.7. Aniketiaf| Link| Bookmark|
January 23, 2021 2:45:34 PM
IPO Guru (1800+ Posts, 10200+ Likes)
ganesh jaiswal ji, If an Upheaval don''t take place in market around Budget, than in present scenario GAIL around 132 is good buy for dividend as well as Tender in buyback.
@Aniket sir can you share your advice on bharat rasayan buyback is it advisable to purchase 1 share in different account and give in buyback how many chances are there to accept it 100%?
@aniketaf sir, as you said valuation not justified, (134.1) , sirji aap great ho , IRFC and indigo as you said listing.. thats why you are the GURU. thanks for your view
I have applied ipo through upi from phonepe ..payment has been done and marked has lien in my bank account still in angel broking it is showing me has payment not being done anyone can help me .
I have applied 6 applications in this IPO today. I know, I am taking risk. GMP of Rs 120 may vanish if the market falls further. It may follow the footsteps of UTIAMC on listing day if situation become worse.
UTI AMC IPO is different, their financials are not at all well as compared to listed peers. Its not the case wiith HFFC, their performance is inline with peers.
Same here Holding 2 lots Will like to take away listing gains, Looking to sell @10:00:30 At max.with some profit atleast 1 lot For 2nd lot 3 to5% more Assuming 3200/lot(not too greedy)
If any other friends made some different strategies Please disclose here Thanks
Me Also Allotted 2 Lots , I will Sell Both of Them At 10:00:10 AM , As it may trap Retail Investors By Opening It around 680-700, I want To take This Profit and Will Take Small Loss In IRFC as Budget Did not Have Some Extraordinary for The Railways. So I will Set off IRFC "s Loss With HFFL"s Gain and Enjoy INDIGO"s Profit which is Booked today at upper circuit.
131.7. phrao| Link| Bookmark|
February 2, 2021 4:31:33 PM
Top Contributor (400+ Posts, 500+ Likes)
Valuations wise this is much better than Indigo as something was left on table. Indigo run-up was mainly due to short-covering. Pre-open shorts got trapped. This company can be compared to Gland - hold for long term and buy on dips.
130. P Patel| Link| Bookmark|
January 23, 2021 1:30:29 PM
IPO Mentor (900+ Posts, 900+ Likes)
Trying this message if it appears here... as few of my new message in this board is not appearing...
129. Eagleye| Link| Bookmark|
January 23, 2021 12:41:35 PM
IPO Guru (6600+ Posts, 21900+ Likes)