Pray ...My 80% portfolio is made up of these 3 stocks.. Pray ..pray..pray ..
58.3. Have Faith| Link| Bookmark|
September 20, 2021 3:16:12 PM
Top Contributor (500+ Posts, 100+ Likes)
@Monster zero Car trade made new low today ..going down only after listing... APTUS is also below it''s issue price
58.4. DBJ| Link| Bookmark|
September 20, 2021 4:03:20 PM
IPO Guru (1300+ Posts, 1900+ Likes)
cartrade, I think it will not break 1350-1375 unless market is crash, if this break this level then sell and out from this. as of now you can only hold and wait, if this cross 1550 and stay there for some session then only it can be for long term. disclaimer: i already sold my IPO allotments in pre-open session only, not holding any single share. Devyani, no any comment not holding any share.
58.5. lokes| Link| Bookmark|
September 20, 2021 7:04:28 PM
IPO Guru (4300+ Posts, 5100+ Likes)
this cartrade is testing patience a lot....today when market went down it made new low, even aptus also came near low....some investment news came for cars24 that also had negative in cartrade. i just hope market wont go below 17K.....
@ Avenue This fresh calculation of the probability is correct on the basis of your assumption. But I would request you to revisit the basis of the assumption. In this case, the probability of getting 1 or 2 will be much less than your calculation while the probability of getting zero will be very high.
@ Avenue I don''t know what will be final subscription figure for nii. But I know that such types of stocks (t2t ) are not in the fancy list of big investors for its encumbrance. Even some brokers do not allow its customers to enter such IPOs. 1000 times subscription is impossible as in that case interest cost per share will not be less than 260 and listing should be above 435 which is most unlikely.
In this connection I like to inform you that a nii is entitled for proportionate allotment only when the number of bids given is more than the overall bids in that category and for lower number of bids it goes to lottery application wise irrespective of the number of the bids. Then you can''t calculate the exact probability until the day of allotment as because nii also can withdraw bids before the date of allotment. I think you calculated probabilty pro- rata basis. So I requested you revisit this part and act accordingly.
Harsh reality.. hni subscription will cross 500x. Retail subscription will cross 150x.. I m already hearing the loud of sorrow of the day of allotment.
I usually apply for ~250 lots each from two accounts. However considering such high HNI sub. projection don''t you think I should apply for 500 lots from one account by transferring funds to a single account.
Yes. But incase of 500x sub, applying from 250 lots each from two accounts gives me 33% chance of 2 lot, 33% for 1 lot and 33% for 0 lot allotment. Isn''t it? A weekend question for any good mathematician.
@avenue 500 lot ki capacity wale log chittodgarh me aake normal people s3 salah le ?? 🤔 kuch jyada nahi ho gaya !! 7 cr 50 lakh lagen wala admi !! Chittorgarh me kya kar raha he be !! Lagta he kono firki le raha he...😌
Dear Chalak Bhai, eik Zero jyaza calculate kar diya aapne. It is 75 lacs :) Apka itna confident message dekh kar ek baar to mein bhi ghabra gaya aur phir se calculate kiya.
@ avenue.. i will follow the strategie of Tatwa chintan.. in which i applied from 2 different ac.. n luckily got a lot in 1. There is a slight possibility that due to small issue funded hnis won''t take interest becaz they will surely occur loss in this deal.. funded hnis were in loss in tatwa chintan too..
@Avenue, I agree that if you are lucky enough to get one lot each in 2 accounts. but also there is smaller risk of not getting any. I would always go with one account being sure to secure one Lot. thanks
@ Avenue Most politely I say that it is a perfect example of the English proverb ^ A bird in hand worths two in the bush^ . I feel actually it worths many in the bush. In this case , if you bid from one a/c you will certainly get one and proportional allotment for the excess if total bid in less than 500. On the otherhand,if you give bid from two a/c and subscription is more than 250 it will go to lottery where you may get two but there is a threat of converting a definite one to zero. If you are willing to go to lottery, then it will be better either giveing two bids of 14 each or 35 bids for 14 each. Thank you.
53.13. Adv Sarin| Link| Bookmark|
September 19, 2021 9:40:10 PM
Top Contributor (200+ Posts, 100+ Likes)
HNI won''t be below 1000X so only those who apply with FI funding will have confirm allotment. To get one lot you need about 1.5CR application.🤔🤔
People with 75 lac capital trying so hard to make a (uncertain, risk-prone) 15k profit never ceases to amuse me. ICICI Bank gives more than 18k on 75 lac if you opt for a 30-day short term FD. Just saying.
@ adv sarin.. 1000 lot to get 1 lot makes Hni cost near 300rs per share.. it would b foolish if anyone does that..
53.16. lokes| Link| Bookmark|
September 20, 2021 12:53:42 AM
IPO Guru (4300+ Posts, 5100+ Likes)
@forencd: please use little bit of common sense....you are talking as if he is having that 75 lakh in his hand not in bank account.... I have been seeing Always 1-2 people gives such arguments in these hni conversations.... Please be aware that his 75 lakh in bank saving account also will still be earning 3 or 4 or 5 % interest on whole amount during block time also and finally 15-20k will only be deducted as per allotment that will fetch this certain 15k or more profit in such IPOs....and he will still get more than your 18k icici fd interest in his bank account.
@noorul I agree with you on this but even Tatva Chintan had huge Hni subscription. Even though the interest cost will be very high for this issue but still Hnis are gonna love to have a slice of the booming defence sector. Expecting >500 times oversubscription in Hni
loud of sorrow? WOW Now Gov and SEBI should work on this to make sure all will be happy with allotments in every good IPO irrespective of IPO size. as a trader and investor, we should also need to understand where to block/invest money so that we should at least get minimum returns instead of going into sorrow mode because of no allotment. Getting allotment Or not getting allotment is part of the IPO process. This should not be the reason to make me sad !!!
@forsenCD, I will move a step further to lokes explanation. Most of 75 Lacs is already in form of Fixed Deposit and earning 5.35% interest. I hope it explains
53.20. lokes| Link| Bookmark|
September 20, 2021 10:54:59 AM
IPO Guru (4300+ Posts, 5100+ Likes)
@avenue: now i have doubt that how can we use FD amount for ipo applying? only amount in SB can be used, right? or your FD is sweep-in type etc, and that will allow to use funds in ipo also? or you will break FD then will apply for ipo then again make FD etc ? if i will understand then may be it will help me also in applying that way....
@Ashoke Sarkar I fully agree with you that the most obvious option would be 1 application with 500 lots and I probably will choose it too. However my question was mathematical. Probability of chances of allotment of 2 lots, 1 lot and big Zero if applied with 2 application of 250 lots assuming 500x HNI subscription. I think answer is 25% chance of 2 lots, 25% of 0 lot and 50% of 1 lot.
@lokes ask your bank to convert your FD to linked type FD ( ICICI uses this word). They will remain as it is but will start to reflect in available balance section. This information was most appreciably shared by a forum member only and when I followed it even ICICI employees were not knowing it, only one senior knew and linked my FDs.
@Lokes if you have FD worth 50 Lac and 1Lac SB, you can apply for 51 Lacs and if allotted any amount less than 1 lac, only SB will be deducted and FDs are left untouched.
@Avenue using FD to bid for IPO ASBA is not allowed by all banks. So far as I know it is allowed by Kotak and Yes Bank. I think Indus bank also allows it but certainly not allowed in HDFC.
@niteenipo I do not know about any other bank but I have ICICI 3 in 1 a/c and using FDs for IPO applications. Even ICICI initially said it was not possible but one senior had knowledge and linked my FDs.
@Avenue good to know that ICICI also allows it, so we can confirm day that ICICI, Kotak & Yes Bank allows while HDFC doesn''t. Hopefully we can compile a list of which banks allow and which don''t.
@NITEENIPO Can you please confirm if IndusInd Bank allows this kind of flexible FD?
53.28. Adv Sarin| Link| Bookmark|
September 20, 2021 1:48:48 PM
Top Contributor (200+ Posts, 100+ Likes)
If apply for 500 lots chances. 50% 1lot, 20% some 100+ shares & 30% no allotment.If remember Apolo Micro issue of similar size in 2018 was subscribed 950X although in those days very few people were active in IPO than today. Rest apply 500 lots because it''s not costing you anything.
@ spock.. i just took a dig to all those who cry here because of non allotment.. specially when the registrar is link in time.. i never shows my disappointment whenever ipo didn''t alloted to me.. i knw the complete process and specially that demand n supply game... Just wait for allotment day u gonna see who people would cry there heart out.. u better tell all this things to them..
It''s perfectly allrite people expressed their feelings because of not allotment, you never know how hard & long someone is trying for allotment in good IPOs. I don''t think I need to tell them.
Hello Everyone I had a off topic question Is there any update regarding Adani Wilmar IPO Any idea when it will be open for subscribing Thanks in advance for answering.
From different available sources the premium seems to be more than issue price. Small issue and chances are very less for allotment, but all have chances to get allotment. All the best to the investors for allotment. Think positive.
SEBI website drhp status dated 09.09.21 still shows issuance of observations kept in abeyance for gemini edibles.So this information might not be correct.
40. JIgar A| Link| Bookmark|
September 18, 2021 9:35:27 PM
Top Contributor (400+ Posts, 300+ Likes)
@Aniketiaf & @Kamma...sir Thank you both very much for explaining the buyback. As you said, I also bought Nalco shares for the first time at a buyback with a small profit. But in the stock market I cannot participate much because of the job. But now I want to buy eclerx share for risk free money in buyback time. I am too small investor but I want to thanks once again to @Aniketiaf Sir for marvelous advice & info. at this platform. Plz sir I humble request u to keep it up ur fabulous post(ipo&buyback)/investment call so small investors like us will be happy and give smile & pray for happy to u & ur family...
Can any body know the expected launching date of GEMINI EDIBLE OIL AND FAT ,PAYTM IPO,NYKAA IPO AND POLICY BAZAR IPO.AFTER FILING DRHP IN HOW MANY DAYS IT WILL TAKE TO LAUNCH IPO.PLZ REPLY ANY ONE.