Please clear my doubt.. I have 1 share of adani enterprises, can I apply from both category, share holder and retail quota?? One more question, is it possible to apply from share holder quota from groww and retail quota from upstox.??
HNI Funding Will Also Take Place in Shareholders Category of Adani Wilmar IPO If You've Gonna Apply 1 Lot Then Retail Category will have more Chances of Allotment As Compared to 1 Lot in Shareholders Category.....
270. K.Atar| Link| Bookmark|
January 20, 2022 11:32:24 PM
IPO Guru (1000+ Posts, 700+ Likes)
From RHP:
RIBs and AEL Shareholders Bidding under the Shareholders Reservation Portion (subject to the Bid Amount being up to Rs 200,000) can additionally Bid through the UPI mechanism.
270.1. K.Atar| Link| Bookmark|
January 20, 2022 11:51:33 PM
IPO Guru (1000+ Posts, 700+ Likes)
But there is a caveat that applicant should not make multiple hni application, he can do so only either in sh quota or normal hni quota - as he chooses so- as per his convenience.
Thanks
269. K.Atar| Link| Bookmark|
January 20, 2022 11:49:05 PM
IPO Guru (1000+ Posts, 700+ Likes)
Eligible AEL Shareholders bidding in the AEL Shareholders Reservation Portion up to Rs 200,000 can bid through the UPI mechanism, and Eligible AEL Shareholders bidding in the AEL Shareholders Reservation Portion for an amount exceeding Rs 200,000 cannot bid through the UPI mechanism.
If the aggregate demand in this category is greater than [●] Equity Shares, at or above the Issue Price, then the allocation with respect to the Shareholders Reservation Portion shall be made on a proportionate basis . Bids by Eligible AEL Shareholders in Shareholders Reservation Portion, the Net Issue portion and the Employee Reservation Portion (if eligible) shall not be treated as multiple Bids subject to applicable limits. To clarify, an Eligible AEL Shareholder bidding in the Shareholders Reservation Portion above Rs 200,000 can Bid in the Net Issue for up to Rs 200,000 and the Employee Reservation Portion (if eligible and subject to applicable limits), otherwise such Bids will be treated as multiple Bids. If an Eligible AEL Shareholder is bidding in the Shareholders Reservation Portion up to Rs 200,000, application by such Eligible AEL Shareholder in Retail Portion or Non-Institutional Portion or Employee Reservation Portion (if eligible and subject to applicable limits) shall not be treated as multiple Bids. Therefore, AEL Shareholders bidding in the Shareholders Reservation Portion (subject to the Bid Amount being up to Rs 200,000) and bidding in the Employee Reservation Portion (as Eligible Employees and subject to applicable limits) can also Bid under the Net Issue and such Bids will not be treated as multiple Bids.
I sell my stock today on 20/01/2022 . still i m eligible for shareholder quota or not pls answer me
268.1. Black Swan| Link| Bookmark|
January 20, 2022 10:56:45 PM
Top Contributor (400+ Posts, 400+ Likes)
Eligible
267. Suraj....| Link| Bookmark|
January 20, 2022 9:09:03 PM
Top Contributor (400+ Posts, 100+ Likes)
Can anyone pls clarify, as rhp is filed on 19 jan and i have a share of Adani enterprises. If i want to sell my share tomorrow , is still i am eligible for share holder quota.
The SH is defined on the basis of the PAN. As long as the PAN number of the first holder remains the same, you can apply through any other Demat / Broker / Bank.
Actually SH is checked based on whether you have the share in the Demat that you are applying from.. so the demat that u r going to apply for the IPO should have the share...meaning in this case it has to be from zerodha
I have 1 share of adani enterprises, can I apply from both category, share holder and retail quota?? One more question, is it possible to apply from share holder quota from groww and retail quota from upstox.??
DATE CONFIRM Adani Wilmar Limited file RHP with SEBI on 19-Jan-2022
Issue Date : 27 to 31-Jan, 2022 Fresh : Rs 3600 Cr Retail : 35% Emp : Rs 107 Cr SH : Rs 360 Cr FV : Rs 1
IPO Open : 27-Jan-2022 IPO Close : 31-Jan-2022 Basis of Allotment : 3-Feb-2022 Initiation of Refunds: 4-Feb-2022 Credit of Shares : 7-Feb-2022 IPO Listing Date : 8-Feb-2022