Can anyone help me I just want to know what was the record date for Share Holder eligibility in Aeroflex, I am asking this question now because I had bought 1 share of "Sat Industries" on 10th August & same got credited in account on 11th August (if i am not wrong record date was 11th August). I had applied 520 shares in SH category but didn't get single share. How is that possible....kya main eligible nahi thi SH category me??
Shareholder quota is 28x subscribed... The min lot allotment is for 1 lot... So considering all 28x is valid you need to have applied minimum 28 lots for 1 lot allotment in SH category... Proportionate allotment doesn't mean guaranteed allotment... Partial lots allotment is not possible... If you've applied for 4 lots then chances of allotment is very less...
You applied 520 shares which was 4lots and subscription of shareholder quota seems to be around 13x Allotment was proportionate, so to get 1lot you needed to apply 13 lots atleast
(25x is there officially but based on the lots that I been allotted it's 12-13x)
@sdshah sir, so no Lottery system like Retail and HNI quota in SH quota sir? If someone applied just 1 lot in oversubscribed SH category is no use sir?
As far as I know, you would be eligible for lottery if there are sufficient people in your lot category. For example: If subscription is 13x
If you applied for 1 lot, probability of you getting a lot is 1/13, if you apply for 4 lot it is 4/13
But the number of people applying in your lot category should be sufficient. Example: if there are atleast 13 people in 1 lot category, one of them will get 1 lot. If there are 4 people in 4 lot category, one of them will get 1 lot. Others can correct me if I'm wrong
I had written prediction first time in the forum and exactly in the same range it listed. Believe in yourself and be positive.... Keep applying SME, Mainboard etc. Surely one day you will get surprise.!!!
550.3. Jetha Lal| Link| Bookmark|
September 1, 2023 10:25:55 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@docayush Ask yourself did you apply for long term or listing gain. If you applied for long term then you must have studied or thought something so stick to it but if you applied for listing gain then accept whatever you received and exit.
It was Surprising to see that I have posted 2 applications 1. Zerodha app with 1 lot, raised UPI Mandate, but didn't approved Application Details - Retail (Via Zerodha) Sole / 1st Applicant SXXXXXXXXXA CXXXXXXXI Securities applied 130 Cut off Price 108 Securities Allotted 0 Amount Adjusted 0
2. Fyers app with 1 lot, raised UPI Mandate and approved it as well Application Details - Retail (Via Fyers) Sole / 1st Applicant CXXXXI SXXXXXXXXXA Securities applied 130 Cut off Price 108 Securities Allotted 130 Amount Adjusted 14040