To be eligible for policy holder quota, you can become a policyholder even now.
Be sure @Raj B, There is no shareholder quota in LIC IPO. LIC has no parent company. For your kind information, LICHFL a subsidiary of LIC.
490. sbipo| Link| Bookmark|
January 28, 2022 3:49:33 PM
Top Contributor (400+ Posts, 100+ Likes)
@lokes,@nurool, I don't have AEL,so can apply only in retail and hni category,are u people applying? If so,then which category? It would be listed after budget and that's the risk,if govt increases LTCG,that would be disastrous for the markets. Thanks
490.1. lokes| Link| Bookmark|
January 28, 2022 5:12:28 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@sbipo: yes i will be applying in retail and shareholder category. No. of lots in shareholder or HNI etc will be decided on monday mostly by everyone who will be applying in HNI as usual seeing approx subscriptions, anyways this time things are little different due to market conditions and budget etc.
@sbipo.. Me too not having AEL. But surely will apply in hni category.. not going to give any importance to subscription figures.. This ipo is now going to b a tricky one becaz of falling market and other reason is ipo date is before budget and listing is post budget. But I hve a strong confidence that this one is not going to list in discount.. may b like zomato type that generate demand after completing ipo process. Its listing is after 10 days from here on.. market will digest all the negativity till than.
For LIC IPO.... I m lic holder and also I m share holder of LIC hsg finance.... In all my three accounts.... Can I apply all three catogaries as retail, shareholder, policyholder.???
484. Imhilli| Link| Bookmark|
January 28, 2022 5:23:47 PM
IPO Guru (1200+ Posts, 700+ Likes)
Please explain what is meant by others in the subscription details table here. Where can I get the information about total subscription figure in shareholders category?
In Zerodha, I am applying for an IPO for multiple lots using UPI, but I have received only one lot blocking request in UPI. so the rest lots are canceled or not able to request more than one? Does anyone know?
Check whether you've received any text message from nse regarding the application. If you received then only mandate is pending, check your upi app. If not received, wait for it.
Inspite of discount, employees don't seem to subscribe.
481.1. ipobull| Link| Bookmark|
January 28, 2022 3:35:59 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Do not jump to conclusion until last minute. Do not look at employees subscription. Look at valuations and growth prospects of the company and decide for yourself.
Can anyone explain why are the subscription figures so low for this IPO? Is it because of the current market sentiments or the weekend that comes during the IPO or there another reason?
If we apply in both retail and shareholder category, are there chances to get allotted in both category or one will get in any one of them only if alloted?
You can apply online from Stock holding corp or SMC. You need not have Demat account with them. Don't wait for SH form or Email
477. MehulStk| Link| Bookmark|
January 28, 2022 10:45:32 AM
Top Contributor (400+ Posts, 100+ Likes)
Hello IPO Experts and Gurus, From where we can know the subscription figures for shareholder quota ? Please guide, I am applying first time in subscription category. Thank you
And if the "others" show a figure of 2.00 at around 3:55PM on 01-feb-2022, then it means that for every 2 lots applied, i would get 1 lot is this understanding correct for SH quota ?
477.5. lokes| Link| Bookmark|
January 28, 2022 1:01:31 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@vantage: yes you are right. Allotment in shareholder category is proportionate. if you apply lesser lots than final subscription then allotment will be via lottery (with more lots applications having more chances) else it will be proportionate if you apply for more lots than final subscription in shareholder category.
Explanation needed. If i am shareholder of adani enterprises and if i have applied then aggregating amount of (share holders quota + 1 retail application) should remain below 2 lacs. Am I getting this right ?
476.1. lokes| Link| Bookmark|
January 28, 2022 2:06:07 PM
IPO Guru (4400+ Posts, 5100+ Likes)
its not like that. you can apply 1 lot from retail category and also you can apply any amount from 1 lot till 360 cr in shareholder category from same PAN number. you can check these links for more info. https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1173&c=491211&ap=0 https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1173&c=491460&ap=0
475. DuckkyDuck| Link| Bookmark|
January 27, 2022 11:44:43 AM
Top Contributor (200+ Posts, 200+ Likes)
Did we get a mail from registrar that i eligible for shareholder quota? I have 1 share of Adani Enterprises from long time but haven't got any mail for this. Checked spam as well. If we get a mail, has anyone got it yet?
email may come or might not come. Linkinetime is not particular about this. SBI card email came but came late.
475.3. DuckkyDuck| Link| Bookmark|
January 28, 2022 11:40:56 AM
Top Contributor (200+ Posts, 200+ Likes)
Thanks both for previous query.
@Lokes ji i have another query. As i assume you are user of ICICI bank/ICICI Direct, i am asking this directly to you. Query: I will applying in shareholders category for more than 2 lac. So in icici direct form, what should i select in top right options buttons : Retail or Non-Institutional / Other Investor? Technically i think should be Non-institutional because of more than 2 lac. But, ideally under shareholder category, these 2 options doesn't make sense. I am concerned on this, because if we select NII under shareholders. And then one app for Retails as well. It should not translate as, I applied in shareholders, NII and Retail, by the system.
475.4. lokes| Link| Bookmark|
January 28, 2022 11:57:27 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@DuckkyDuck: sorry i dont have icici direct or icici bank account. I have only zerodha broker and other bank accounts. As you informed NII you will choose under shareholder, so it will be considered single shareholder application above 2 lakhs and one more separate application under normal retail category can be done. Users having icici direct account can also comment.
475.5. Ou Ai| Link| Bookmark|
January 28, 2022 12:02:46 PM
Top Contributor (300+ Posts, 300+ Likes)
@Duckkyduck There is no such confusion. In shareholder category it is retail if applied for less than 2lakh and Non Institutional/Other if above 2 lakhs. Tick appropriate one.
Under shareholder category investor is allowed to make a NII application subject to making less than 2 lakh retails category in Retail. Tick as applicable.
Retail and NII are shown under separate application for shareholders, employees & Retail/NII, hence no overlap.
475.6. ipobull| Link| Bookmark|
January 28, 2022 12:10:46 PM
IPO Guru (1000+ Posts, 1000+ Likes)
In Icicidirect, there is option of AW shareholder category also, you apply under this.
DuckkyDuck is not asking for the process or choice to apply. He has a genuine concern whether system are able to distinguish between shareholder HNI application and general HNI application. Usually HNI applicants can not apply in retail but here as a special/new case, HNI (shareholder) applicants will also be applying in retail.
475.8. Ou Ai| Link| Bookmark|
January 28, 2022 1:30:08 PM
Top Contributor (300+ Posts, 300+ Likes)
@Duckkyduck's concern is answered in last sentence of my reply stating it is classified under separate tabs for employees, shareholder and public that are distinct. Hope it is inferred. Note this is not the first time an issue came like this with shareholder's quota and we applied several times on their system with no overlap issues.