Can anyone explain me for eg if i apply for 5 lots in retail for this ipo than will i get more chance of allotment or only 1 lot i should apply? If i apply for 5 lots than i may get alloted 1lot or not? Is it propotionate basis where to read this on dhrp?
50.1. Aaashish| Link| Bookmark|
July 8, 2023 2:21:25 PM
Top Contributor (200+ Posts, 100+ Likes)
Only 1 lot in retail and 14 lots in hni So either apply just 1 lot or apply 14 in shni
Mainboard lottery if over subscribed. In case retail is subscribed 1 times then in 5 lot application, one will get more than 1 lot share. It all depends on how subscription proceeds.....
43.3. Aman Ipo| Link| Bookmark|
July 8, 2023 1:48:01 PM
Top Contributor (400+ Posts, 200+ Likes)
Even equitas holdings and ujjivan financial services made money on listing when these both holding companies got listed before esfb and usfb got listed separately.
@IPO KING MAKER Bhai usk ka nam mat lo bahot bhayanak din tha wo bhagwan kare aisi listing or kabhi na dekhaye.
41.3. Aman Ipo| Link| Bookmark|
July 8, 2023 1:15:42 PM
Top Contributor (400+ Posts, 200+ Likes)
Usk me 10% qib tha jbki isme 75% Qib hoga. To agar premium 30-35% sustain krta h to open positive hi hoga kyunki selling pressure bht km hoga USK ke comparatively. So you can't compare this with Usk at all.
40. abc xyz| Link| Bookmark|
July 8, 2023 11:07:28 AM
IPO Guru (1100+ Posts, 1000+ Likes)
This ipo have refreshed the memories of UJJIVAN SMALL BANK of DEc 2019. The issue price was @ 37 This issue was oversubscribed more than 150 times. Listing was @58 and reached 62 ( ATH) on same day but after that the stock didn't touched that price & under pressure and made low of 24 . The Covid have affected it's performance in a big way. But now it's trading @41. Ujjivan Bank is much much better than EQUITAS, IDFC First & Utkarsh Bank in each & every parameters.
It doesn't mean that Utkarsh Bank is not good, the ipo may get overwhelming response too.
40.1. Sharvam| Link| Bookmark|
July 8, 2023 11:44:58 AM
IPO Guru (1000+ Posts, 700+ Likes)
Good short term opportunity in Ujjivan... If Utkarsh lists around 38/40 range as per GMP, then Ujjivan will surely move towards 52/55 range is short time. By the way I have seen Ujjivan below 20. I am holding Ipo allotment of Ujjivan, and if I am not making mistake there was some retail discount during Ujjivan Ipo.