Nanavati Ventures Limited IPO Message Board (Page 1)

Alloted 1. Msg from bank.

@Kundan Mishra,
Not fully convinced to apply. Since HNI subscription is limited to 10L in main board, I may give it a try in this SME's to get one lot (both Nanavati & Fone4) after seeing if HNI subscription goes above 5X 🤞

Thanks

Ty for your response sir.
Yes, as per initial study, both were less attractive. But, only because of subscription it cannot be ignored.
I may not be able to participate and just observe. As by the time HNI is 5X, SBI ASBA would be over.

Or maybe the demand is also due to LM... Having recent standards set by BEW, Madhavbaug, Precision...

@ Ravi sir,
congrats 'Guru'
sir, can you pls give a light on which ongoing SME & main board IPO can be applied.
Also still I am not clear on the HNI application of upto 10lakh & above lakh cap. can you pls advise the difference & allotment possibilities?

@Shanm,
Thanks

I will apply as below:
SME: Le Merite (other 2 SME's are high risk but some listing gains expected)
Main board: All 3 (including LIC)

HNI applications still fully not clear. However, if you apply in more than 10L HNI, allotment chances are high compare to above 2L HNI. both categories will be mostly go for lottery & 2L shares allotment for both to the lucky ones.🤞

Thanks

Nantri Ravi sir.
I got your point. Yes, it's better to go with 10L HNI.

In case of oversubscription, 10+L HNI also a lottery system? Not a proportionate based allotment?

@ ravi sir,
In case if I go with 50L or 1 Crore(under 10+L HNI), what will be the added advantage?

@Shanm,
yes, lottery system only (not proportionate basis)

Thanks

@Shanm,
50L or 1 Crore (under 10+L HNI), no advantages (except if 10 L HNI is not fully subscribed, you will get full allotment)

Thanks

congrats mravi sir for guru tag. you truely are and also helping us always.

@shanm @MRavi: only in case application wise over subscription, then lottery will happen, like if in campus ipo, there are more than 6700 people applying for 68 lots or more then only approx 6700 people will get 14 lot each via lottery.
And its not easy to have 6700 people applying for more than 10 lakhs amount, it may be possible here in campus being good gmp or still may not be, need to see but in other average ipos, people should be enough careful before applying in big HNI category as per ipo issue size and gmp and company profile else it will be too much risky for many people.
Also we cant get any hint from actual subscription figures in hni category, because all allotments will happen based on no. of applications, so if more people are applying with larger amounts then actual subscriptions can be high but application wise subscriptions can still be lesser, no idea if in future we will be able to know application wise subscriptions or not in both hni categories, like we come to know for retail category.

@snipperRaj,
Thanks for those kind words, happy to hear from someone like you.

@lokes,
very valid points (it will be trial & error method initially, finally we will become experts in few IPO's)

Thanks

@lokes,
same here. Also I will skip fone4. Not interested to take high risks (with marginal gains possibility)

Thanks