Hello Experts I have around 15lakhs and I can apply through 5 different demat account will it be better to apply through only 1account using all my money or apply through different account and if in different account how many lots should I apply for 1 lot or in 2 lots pls help to increase my chances of allotment. Thank you
Dear experts, Please explain if I applied for 50 lots and there is no other bid for 50 lot then I go for lottery or directly eliminated because HNI quota is subscribe more than 100 lots. Appreciate your valuable feedback please.
62.1. Trueinfo| Link| Bookmark|
August 30, 2022 12:08:48 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Directly Eliminated in the case you stated. But, don't worry, you will find good company in 50 lots in heavily subscribed issue. May be 10-15 or more.
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August 30, 2022 11:55:46 AM
IPO Guru (1800+ Posts, 1700+ Likes)
Big conflict between allotment chance and quantum of gain. Ameya gain is much higher, but allotment chances are remote. JFL gain is low, but allotment chances are better.
@lokes sorry out of the topic hi Lokesh, Thanks for your valuable updates on this forum.I want your advice on buyback.I am doing birlasoft buyback for the first time with my broker .26th Aug was the record date for acceptance. My funds are blocked since one month .We had bought shares and sold same shares in future.but my broker is not releasing funds as saying 7th Sep would be last date and then only fund will get release .My problem is I am LOOSING interest on Savings account everyday and opportunity loss to apply in any ipo be it dreamfolk ameya jfl and even the one which will be coming on 7th sept .Cant I release my funds now as record date over for acceptance for birla soft .Plz guide .I am too much tired of this buyback.
If I apply 2 lots then I will come under HNI category.
Currently it is oversubscribed 10 times. If we just assume this will over subscribe 30 times by IPO last day in HNI category, how the allocation will be done. Do I get any opportunity?
51.1. Smile.| Link| Bookmark|
August 29, 2022 10:40:09 PM
IPO Guru (1600+ Posts, 900+ Likes)
With 2 lots in hni you are going to lottery so its better to apply two different applications in retail