As expected, 0/3 in 3 retail applications from 3 different account.
But the part is that other than than linkintime, I gets allotment 1 out of 5 times but linkintime score is still zero for 10-12 different ipos i have applied.
I made 4 hni applications of around 1.4 crore each but still no allotment.
194.2. Kapz| Link| Bookmark|
January 6, 2023 8:58:10 AM
IPO Mentor (600+ Posts, 300+ Likes)
Quite surprising, as per BOA, 4 applications are there for 140,400 shares (Rs.1.4 cr.) and 1 applicant got 1 lot. If all 4 were you, then you should have got 1. Unless you applied in different numbers of lots?
@Kapz I checked... I applied 122 lots, 113 lots, 124 lots and 119 lots in 4 HNI applicatios. But in BOA nothing is metioned about them. What could be the reason? Please guide...
@Rohan Bajaj, I suppose BOA doesn’t mention those lots with single application in that range, which may have been the case for your applications. In my humble opinion, you’d have definitely gotten an allotment had you applied all 4 applications with 120 lots each, instead of different lots for each application. Perhaps, try this next time.
For that, lot size needs to be much higher. Previously, the general belief was, for guaranteed allotment, the application lot size needs to be at least 50-52% of total subscription (experts, @lokes, @avenue, @mravi and others, please correct me if I’m wrong on this). For e.g. for Anlon total subscription was 883.58. According to the above belief, the minimum lot size for guaranteed allotment would need to be 442 onwards. But, in BOA, I do see guaranteed allotment for an application of 347 lots with single applicant in that lot which is around 39% mark.
Thank you so much @Kapz . Now I have understood how to apply in highly subscribes SMEs. God knows how many allotment chances I lost due to wrong lot size in good listings...
Better late than never, brother. New year, new beginnings… all the best for forthcoming allotments, which you are bound to get with correct approach..🤞👍