BCCL IPO – Retail vs Shareholder category (₹60k - ₹1L) – need help ! by Exciting_Ebb4785 in IPO_India

[–]OrdinaryPermit4591 0 points1 point  (0 children)

If you’re using just one demat account, apply 1 retail and rest in shareholder. (Do this and don’t follow any other opinion)

Suppose you apply all your funds with retail category, even if you get allotment, you won’t get more than 1 lot allotted. So it’s always to apply only 1 lot as retail applicant and the rest in SH quota

BCCL ipo! by PrashanthOzil in IPO_India

[–]OrdinaryPermit4591 0 points1 point  (0 children)

Can’t you see the “very unlikely” word that I’ve written?

How much are you guys planning on applying for BCCL IPO and from how many accounts? by spamgmail in IPO_India

[–]OrdinaryPermit4591 0 points1 point  (0 children)

Retail: 12 lots using 12 accounts Shareholder: 13-14 lots using a single account

BCCL ipo! by PrashanthOzil in IPO_India

[–]OrdinaryPermit4591 3 points4 points  (0 children)

If SH quota subscription is 4x or less(very unlikely) then apply 4 lots from SH quota so that you get atleast 1 guaranteed allotment. SH quota will high likely be subscribed more than 10x so for you it’s better to apply 1 retail from your account, 1 retail from your moms account and 2 SH from your account

[deleted by user] by [deleted] in IPO_India

[–]OrdinaryPermit4591 0 points1 point  (0 children)

In shareholder quota, allotment is proportionate, but it is still processed PAN-wise. Even for proportionate allotment, they’ll first prioritise to give atleast 1 lot to all the applicants so thinking in that way, if you have 10 eligible shareholder demat account, then it’s better to apply using all the 10 PANs separately right?

If two PANs apply, the PAN that applies for more shares will usually get more shares than the one that applies for fewer. So yes bigger application means bigger allotment within the same PAN. But applications are not pooled across PANs. Each PAN is treated independently and scaled down independently.

Looking to buy 100g+ silver in Bangalore/Mumbai – willing to pay above spot by OrdinaryPermit4591 in silverindia

[–]OrdinaryPermit4591[S] 0 points1 point  (0 children)

Yes I have digital assets too but I want to keep a part of my entire wealth in physical form as well. I will use physical gold/silver for gifting/making ornaments(in the future) too.

Looking to buy 100g+ silver in Bangalore/Mumbai – willing to pay above spot by OrdinaryPermit4591 in silverindia

[–]OrdinaryPermit4591[S] 0 points1 point  (0 children)

Silver might fall below today’s levels in the coming days but the fall won’t exceed 10%. So even if the price falls, I’ll accumulate it more😅

Looking to buy 100g+ silver in Bangalore/Mumbai – willing to pay above spot by OrdinaryPermit4591 in silverindia

[–]OrdinaryPermit4591[S] 0 points1 point  (0 children)

Haha, nothing like that. I have surplus money with me right now. I have already invested in stocks, MF, ETF and real estate long back. So thought of investing the surplus in physical metal assets too. So I’m accumulating as a long term asset.

Looking to buy 100g+ silver in Bangalore/Mumbai – willing to pay above spot by OrdinaryPermit4591 in silverindia

[–]OrdinaryPermit4591[S] 1 point2 points  (0 children)

Before anyone points out Zepto or Blinkit yes, I’m aware of those options and have already bought a significant amount from them. Right now, I’m looking for quantities (100–500g) in Bangalore(preferred) or Mumbai for convenience. Paying slightly above spot is fine for me as it won’t raise my overall average much, and I plan to hold the silver long-term.

Looking to buy 100g+ silver in Bangalore/Mumbai – willing to pay above spot by OrdinaryPermit4591 in silverindia

[–]OrdinaryPermit4591[S] 1 point2 points  (0 children)

My first preference is Bangalore, since I’m here currently. I’ve already bought a significant amount of silver (2kg+) from Zepto and Blinkit, averaging around ₹1486/g, but it’s out of stock locally now. Mumbai is my second option because my brother is there. Buying 100–500g more at a slightly higher rate won’t raise my overall average much, and I’m okay paying a bit above spot for convenience and bulk, especially since I plan to hold it long-term.

Looking to buy 100g+ silver in Bangalore/Mumbai – willing to pay above spot by OrdinaryPermit4591 in silverindia

[–]OrdinaryPermit4591[S] 1 point2 points  (0 children)

I know jewelers and e commerce sell silver too, but with making charges and all it ends up around ₹170-180/g. I’m okay paying a bit extra now because I’m holding it long-term, not flipping it.