As per financials, the company looks good to me. Increasing Profits, revenue and assets. As per valuations, not able to find its exact pe. Industry pe as per RHP is highest-44 lowest-12 avg-23 Baisc EPS is 4.13 and price- 75. Acc to me pe should be around 18. which is below industry average. experts what's your suggestion on its valuation. whether its fairly valued and can we apply or not?
I am new to ipo’s trading and seek your advise. Can I apply for SME IPO’s or main board IPO’s with same PAN no and from two Demat accounts? If answer is yes — hope that will not be treated as fraud or calls for any action.
@Avenue, As @lokes said, the icon is there next to your name after clikcing post new message or simply replying any message. I did test this and working well.
Can anyone please guide whether new rules of HNI allotment i.e. 2 segment containing (2 to 10 lacs ) and (above 10 lacs) will be applicable for this IPO?
Or will HNI allotment be as per old rules without any difference of application slabs?
22.1. eVA| Link| Bookmark|
April 18, 2022 3:43:29 PM
IPO Guru (1300+ Posts, 1900+ Likes)
For this IPO and also all Fixed Price Issue IPO, the new rule of HNI allotment is not applicable.
i have never applied in HNI, i want to apply this ipo in HNI but dont know how many shares to apply as HNI, retail application lot is 1600 shares, and the amount is 120000. so to qualify in HNI how many shares we have to apply. Please let me know coz i am new here
As per new rule if issue will be oversubscribed then allotment like Retail category as lottery system ? ( I am not sure about new rules). If this will happen then I seen maximum 1500 HNI who have participated in highly subscribed IPO and here approx 1900 lots available for allotment so as per new rules everyone will get minimum lots here if number of applicants not more than 1900. ?
I think a decent percentage of retailer will try in HNI category. So most likely crowd will be there in 2-10 slab hence lottery whereas 10+ may contain relatively less participants , chances for lottery will be less in 10+ .
2-10 slab have around 667 lots , chance of lottery is almost sure 10+ have around 1333 lots , chance of lottery will be less.
So investors who can invest 10L+ , allotment is almost sure however risk will be high as they will be allotted 9+ lots.
Yes. Above 10lac + will get confirm allotment . Total 4000 lots available and arround 200 lots (5%) reserved for Market maker then
NII. : 1900. .. (1/3*1900 =633 lots for Small NII ) Small NII Subscribe 1.5x maximum as Application wise ) Here allotment is not much tough ) RII : 1900. may be Subscribe 30x or more..
Here Small NII alloted 2 lots per applicants then 316 lots consider as single applicants and Big NII .140 lots consider as single applicants.
As per previous data . In PE Analytics .. 99 Applicants have applied more than 10 lac lots so it may be increases so there is no confirm allotment for 10 lac + also. It may be go upto 2x in Big NII as applications wise and Small 6x as applications wise ..
Above case will be subscribed in case of heavy demand otherwise we all know how to get lots.
19.10. eVA| Link| Bookmark|
April 18, 2022 9:54:55 AM
IPO Guru (1300+ Posts, 1900+ Likes)
As per circulation dated 14th Jan22, these new rules are applicable only for book-building process IPOs, very few SME IPOs come with Book building. Please check below-attached image for information.
with so much confusion and unclarity about new rule applicability, I intend to see NSE subscription live data on 20 april. If HNI is divided in two subcategories, they have to show both subscriptions separately. Layman's approach..
19.13. eVA| Link| Bookmark|
April 18, 2022 3:42:12 PM
IPO Guru (1300+ Posts, 1900+ Likes)
Dear Avenue,
You can take my words, this new HNI rule is not at all going to apply or impact SME IPOs of the Fixed Price Category.
We need to wait for mainline IPO or SME IPO (Book building category) for these subscription numbers categories in exchange data.
I hope the exchange will segregate this with two sub-sections under HNI rows.