Arrshath

How BASE+X strategy works in BHNI & SHNI Category…. My friends whatever i am sharing is from my practical experience and not any myth or misleading information… I tried base+x in many IPOs and got good results… Sharing my recent application in LEAP INDIA-IPO… Taking example of LEAP INDIA IPO.. First understand in BHNI u can apply at base(67 lots) S. NO1(6298 shares)or any higher lot… So if u apply at 68 lots,it is called base+1 and so on… In this IPO application wise BHNI was oversubscribed 3 times.., Now people generally apply at base,if u check in BOA,there are 34773 applications at base lot and their allotment ratio is 117:352(1 out of 3).. Now take half of 3,it is 3/2=1.5…. So any lot size above base if having total no of applications above 1.5 i.e. 2 will get one confirm allotment, u can check S. NO.15,allotment is 1 out of 2…. If there is 1 application at any lot size which is less than 1.5,against their lot size 0 is mentioned but all applications are considered in lottery,their ratio is mentioned at the end of BOA,it is 5:30(1 out of 6)… So if no of application on any lot size is 1,ratio is 1 out of 6 ,if there are 2 applications,allotment will be 1 out of 2,if there are 3 applications,allotment will be 1 out of 3,if there are 4 applications,allotment will be 1 out of 4,if there are 5 applications,allotment will be 2 out of 5 and so on… Now what is the benefit of applying at higher lots:- suppose u apply 10 applications at base lot, u may get 10 out of 10 or may get 0 out of 10,it is not fixed that if ipo is subscribed 3 times application wise so u will get allotment 1 out of 3.Actually at base lot size there are 34773 applications and 11558 allotment,so 23215 non allotments,even if u apply 100 applications all may come in 23215(non allotment) and u get zero allotment.,, But if u apply at base+x where there are very small no of applications like i applied at 80 lots(base+13),u can check SNO.12(7520 shares),there are only 9 applications and allotment is 3 out of 9,where 5 out of 9 applications are mine and i got 2 allotments out of 5.. So basically at base+x ,i compete with my own applications for allotment instead of competing with thousands of applications at base lot…. Some persons planned it well and place their applications at base+x by guessing no.of times ipo will be subscribed in BHNI on last day and get good allotments… I know after this there will be many questions,so many have already learned my strategy well,they may answer these questions in my message box or i will clear any doubt left unanswered in next post… Thank you….

Some people are asking me why i am not getting allotment at base+x,my dear friends u need to have following three things with you to make it successful:- (1)Estimate of subscription of bhni application wise (2)Number of accounts to reach more than half of bhni application wise number.. (3)Funds to apply at highest possible lot size so that there will be less competition at that lot size..