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Satoshi Nakamoto's Comments

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Satoshi Nakamoto
2. Satoshi Nakamoto  Dec 26, 2019 20:38 Reply

SBI Cards and Payment Services Ltd IPO

I agree with Eagleye mam on the shareholder quota estimates. If past trend is an indicator the Shareholder quota will be hugely oversubscribed, cant estimate the quantum though. Since the allotment will be on a proportionate basis and no ceiling on the bid amount lot of HNI applications will enter the SH quota.

My guess 
One who applies for 1/2/3 lots will barely have any chance of getting an allotment. It will be a difficult lottery at the lower end. 
Folks applying 13 lots plus may stand some outside chance.

Most of the shares in this quota will be cornered by the HNI investors.

Not much in store for the retail investors in SH

Comments welcomed (critics included)
amit K singh
2.1. amit K singh  Dec 26, 2019 22:27

SBI Cards and Payment Services Ltd IPO

Then number of applications will be lower as hnis are applying. I guess number of hnis may be in thousands? So everyone will get one lot for sure...
Satoshi Nakamoto
2.2. Satoshi Nakamoto  Dec 28, 2019 09:46

SBI Cards and Payment Services Ltd IPO

Hopefully RHP will have a ceiling of 2L for SH quota
Satoshi Nakamoto
1. Satoshi Nakamoto  Dec 26, 2019 20:29 Reply

SBI Cards and Payment Services Ltd IPO

I agree with Eagleye mam. If past trend is an indicator the Shareholder quota will be hugely oversubscribed, cant estimate the quantum though. Since the allotment will be on a proportionate basis and no ceiling on the bid amount lot of HNI applications will enter the SH quota.

My guess
One who applies for 1/2/3 lots will barely have any chance of getting an allotment. It will be a difficult lottery at the lower end.
Folks applying 13 lots plus may stand some outside chance.

Most of the shares in this quota will be cornered by the HNI investors.

Comments welcomed (critics included)






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