Hello Septa.... hope u are doing good.. I have been reading ur post from some time now on this site.. Can u guide at what price one should see on listing... I am only looking for listing gains against allotment of 1 lot in Alkem,.. Thanks
Application Details Sole / 1st Applicant Cut off Price Securities applied MOHAMMED AZIZ AHMED 1050 182 Allotment Details Securities Allotted Amount Adjusted 14 14700
After allotment, the company has to list the shares in the Stock Exchange. Once it gets listed with ISIN (International Securities Identification Number) and the same will get reflected in our portal
Allotted in 2 a/c out of 3 applied, can''t understand why asba debit message came at 3.50 pm, when allottement messages in this forum started at 10 am. Hope for listing around 1275-1300
As a newbie could someone educate me on when does the basis of allotment gets decided. 1. In case of Alkem, was it proportionate OR lucky draw based. I didnt’ get any allocation inspite of bidding for 12 lots of stocks 2. Is it better to place multiple bids so that at least one gets accepted or one bid of larger number of stocks ? Any advise is appreciated...
470.1. Venkatram| Link| Bookmark|
December 21, 2015 2:23:09 PM
Top Contributor (300+ Posts, 100+ Likes)
Regarding the basis of allotment. There have many explanations provided in this forum by Eagleye and others.
For ensuring allotment in high demand IPOs kindly make 1 lot applications from multiple family member''s accounts to ensure allotment. This approach is needed if the retail portion is oversubscribed more than 3 times if not then you can bid for multiple lots in 1 application.