The Stock Market thread

[dante77]

For HNI. Profit is around 3 lakhs. Block your money for a week and get 150% profit if get lucky.

 

I know Retail has more chances since it has higher quota but HNI-S is tempting as hell. 

 

If course I did not get any allotment

 

[iamX]

2 minutes ago, dante77 said:

For HNI. Profit is around 3 lakhs. Block your money for a week and get 150% profit if get lucky.

 

I know Retail has more chances since it has higher quota but HNI-S is tempting as hell. 

 

If course I did not get any allotment

 

Sorry, how so? 

 

I thought you only get 1 lot (30 shares) at best in case of oversubscription?

Edited November 30, 2023 by iamX

[rushab oswal]

10 minutes ago, iamX said:

Sorry, how so? 

 

I thought you only get 1 lot (30 shares) at best in case of oversubscription?

Three categories

15,000 - Retail

2,10,000 - Shni

10,00,000 + - Bhni or something

 

In case of oversubscription one lot in one category (lottery)

[dante77]

15 minutes ago, iamX said:

Sorry, how so? 

 

I thought you only get 1 lot (30 shares) at best in case of oversubscription?

 

4 minutes ago, rushab oswal said:

Three categories

15,000 - Retail

2,10,000 - Shni

10,00,000 + - Bhni or something

 

In case of oversubscription one lot in one category (lottery)

 

[KnackChap]

Got gandhar ipo in wife ac.. sold at 80% premium. 

[KunjanPSD]

27 minutes ago, rushab oswal said:

Three categories

15,000 - Retail

2,10,000 - Shni

10,00,000 + - Bhni or something

 

In case of oversubscription one lot in one category (lottery)

In case of non-retail applications, allotment is not via lottery. It is in proportion to the amount blocked.
Ex: If an IPO is oversubscribed 100x and an investor has applied for 100 lots, then the user will get 1 lot.

Generally, these HNI players take short term loan from NBFCs to apply in IPO, pay interest of 6-7% or something and then make it all back by selling the allotment.
Obviously, this is a gamble as well because HNI bids cannot be changed so one has to wait till the last moment to check and project potential oversubscription and apply for an amount which will give profit over and above the interest they have paid to the NBFC.
If the IPO does not do well, interest won't be covered.
If the investor does not apply for enough lots, then they will not get enough allotment,

[iamX]

14 minutes ago, KunjanPSD said:

In case of non-retail applications, allotment is not via lottery. It is in proportion to the amount blocked.
Ex: If an IPO is oversubscribed 100x and an investor has applied for 100 lots, then the user will get 1 lot.

Generally, these HNI players take short term loan from NBFCs to apply in IPO, pay interest of 6-7% or something and then make it all back by selling the allotment.
Obviously, this is a gamble as well because HNI bids cannot be changed so one has to wait till the last moment to check and project potential oversubscription and apply for an amount which will give profit over and above the interest they have paid to the NBFC.
If the IPO does not do well, interest won't be covered.
If the investor does not apply for enough lots, then they will not get enough allotment,

Very insightful and clarifies my doubts, Thank you.

[rushab oswal]

1 hour ago, KunjanPSD said:

In case of non-retail applications, allotment is not via lottery. It is in proportion to the amount blocked.
Ex: If an IPO is oversubscribed 100x and an investor has applied for 100 lots, then the user will get 1 lot.

Generally, these HNI players take short term loan from NBFCs to apply in IPO, pay interest of 6-7% or something and then make it all back by selling the allotment.
Obviously, this is a gamble as well because HNI bids cannot be changed so one has to wait till the last moment to check and project potential oversubscription and apply for an amount which will give profit over and above the interest they have paid to the NBFC.
If the IPO does not do well, interest won't be covered.
If the investor does not apply for enough lots, then they will not get enough allotment,

Oh so no point in applying in Shni lots?

[KunjanPSD]

48 minutes ago, rushab oswal said:

Oh so no point in applying in Shni lots?

Have to check DHRP. There can be proportionate allotment in SHNI as well but there will be cases where oversubscription has happened even at 10L.
So let's say in this case, everyone below 10L won't get anything.

[Bird Bird Bird]

Adani Adani chillao sab aaj. 

[SpearHea:D]

Nice green in my portfolio due to adani stocks  and bjp win 

[iamX]

This is after just 3-state win. I wonder what will happen if and when BJP wins the General Elections next year.

[Purana Khiladi]

1 hour ago, iamX said:

This is after just 3-state win. I wonder what will happen if and when BJP wins the General Elections next year.

If Modi comes in 2024 again which he should unless people are stupid then hoping the mutual fund targets will be achieved by 5 years less  

[Bird Bird Bird]

 

Views on demerger ? My bet is on scientific business, but not sure if I should sell off Borosil Ltd post demerger. 

Edited December 5, 2023 by Bird Bird Bird

[KunjanPSD]

2 hours ago, Bird Bird Bird said:

 

Views on demerger ? My bet is on scientific business, but not sure if I should sell off Borosil Ltd post demerger. 

At 480ish, the price was already baked in, I am holding for now. But not expecting much gains, can sell the consumer biz, hardly single digit return on capital.

[rushab oswal]

7 hours ago, KunjanPSD said:

At 480ish, the price was already baked in, I am holding for now. But not expecting much gains, can sell the consumer biz, hardly single digit return on capital.

why did it crash 15% . im invested here from 280 levels and have no idea how demerger works XD

[dante77]

Demergers are bad for stocks in short to mid term. May or may not be good but not good for the particular from a properly investment view. 

[KunjanPSD]

1 hour ago, rushab oswal said:

why did it crash 15% . im invested here from 280 levels and have no idea how demerger works XD

Because from today, you are only Borosil consumer business. Not Borosil Consumer + Borosil Scientific (the good part).

 

Borosil Scientific will list separately and you will be assigned 3 shares of BS for every 4 shares you help of Borosil limited.

 

So given that the underlying company changed, retails sold it and it crashed, it will settle down to what market considers a fair value. Obviously, punters who bought it just to get demerger shares, would have sold it as well.

 

 

[KunjanPSD]

1 hour ago, dante77 said:

Demergers are bad for stocks in short to mid term. May or may not be good but not good for the particular from a properly investment view. 

Incorrect.

If you today, all of the large pharma companies demerge their India business, the standalone value will be higher than the current entity. It's entirely upto the company in question.

 

For Borosil, it's a mauka for the people who wanted the good part only and believe in its growth.

[dante77]

2 hours ago, KunjanPSD said:

Incorrect.

If you today, all of the large pharma companies demerge their India business, the standalone value will be higher than the current entity. It's entirely upto the company in question.

 

For Borosil, it's a mauka for the people who wanted the good part only and believe in its growth.

Aarti industry ne pharma demerger ke maar rakhi hai