Aditya Birla AMC has did a reverse of Glenmark Life sciences.GLS had offered shareholder quota in DRHP and removed in RHP.ABAMC didn''t offer shareholder quota in DRHP but included in RHP.
Got 1 lot of GLS in allotment and purchased 100 shares in pre-open at 750. It is now trading below listing price. Can someone enlighten me the benefit if we get allotment in shareholders quota?
As per RHP, 5% Shareholders quota is reserved only for public shareholders of ABCL and that means only individual as well as HUF holding shares as on record date 22 September 2021.
I have only one share of glenamrk pharma i bought because there were rumours of shareholding quota in it & now I''m in loss of 150+ rs now just tell me as i tried to find out in RHP of aditya birla whr is mentioned about shareholding quota & what is the record date i read somewhere when RHP is filled so its gone right?
40.1. DBJ| Link| Bookmark|
September 23, 2021 11:42:56 PM
IPO Guru (1300+ Posts, 2000+ Likes)
ABCL Shareholder reservation Minimum Bid : 1 Lot Maximum Bid: Equity Shares such that the Bid Amount does not exceed the ABCL Shareholder Reservation Portion
Allotment: Proportionate
Verdict: its like mini NII quota same like SBI Life/card IPOs
40.2. DBJ| Link| Bookmark|
September 23, 2021 11:59:41 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Bids by ABCL Shareholders in ABCL Shareholders Reservation Portion and in the Net Offer portion shall not be treated as multiple Bids subject to applicable limits. To clarify, an ABCL Shareholder bidding in the ABCL Shareholders Reservation Portion above Rs 200,000 can Bid in the Net Offer for up to Rs 200,000, otherwise such Bids will be treated as multiple Bids and both the Bids will be cancelled
40.3. DBJ| Link| Bookmark|
September 24, 2021 12:00:29 AM
IPO Guru (1300+ Posts, 2000+ Likes)
If an ABCL Shareholder is Bidding in the ABCL Shareholders Reservation Portion up to Rs 200,000, application by such ABCL Shareholder in Retail Portion or Non-Institutional Portion, shall not be treated as multiple Bids. Therefore, ABCL Shareholders bidding in the ABCL Shareholders Reservation Portion (subject to the Bid Amount being up to Rs 200,000) can also Bid under the Net Offer and such Bids will not be treated as multiple Bids.
40.4. DBJ| Link| Bookmark|
September 24, 2021 12:04:56 AM
IPO Guru (1300+ Posts, 2000+ Likes)
If ABCL shareholder bidding in his category for more than 2 lacs application then he can''t apply in ANY OTHER category
If ABCL shareholder bidding in his category for below 2 lacs application then he can also BID under Retail OR NII category.
This will help only if the issue is attractively priced, and if listing gain will be there. I am having ABCapital shares in 5 demat accounts. Also we need to see shareholder allotment criteria, if it''s pro-rata & no cap on the application amount then not good for small investors.
Sir I have two demat account one in NSDL and other one In CDSL I am having AB capital share in NSDL depository Can I apply to shareholders quota with my CDSL demat account
My NSDL account broker doesn''t have facility of online platform So I want to apply through zerodha (CDSL)
You can apply under shareholders quota in the same demat account NSDL where AB Capital shares.
Under retail category you can apply from CDSL second account
31.2. Black Swan| Link| Bookmark|
September 23, 2021 9:13:20 PM
Top Contributor (400+ Posts, 400+ Likes)
You can apply both applications in Zerodha Account. The Registrar uses PAN for identification of shareholders and not DP account
30. Chem cho| Link| Bookmark|
September 23, 2021 11:01:22 AM
IPO Guru (2600+ Posts, 2700+ Likes)
Valuation of UTI AMC were high in IPO price 554 it went down to low of Rs 500 after IPO listing but today it is trading above Rs 1100 23/09/21 simalarly Aditya birla sun life AMC WILL DO WELL SO APPLY IN IPO ABSL AMC
What was the sensex at the time of IPO of UTI AMC and now what is sensex. No doubt the sensex is not double. But some sectors are on top. Some are below even when sensex is on top. IT sector is behaving like any surprise.
Chem cho tu bola buy, tohh public ulta karegi. tu IPO ka sudarshan sukhani he....ipo me last deaakar software ka low high and profit kamaya bas wo bolega.....ipo ka khiladi he re.
har koi application rate likhta hai but ye application sell kaha aur kaise hoti hai. main 7 account se apply karta hu aur kabhi 7 me hi nahi aate allotment.