After route got 1 allotment in antony waste. Did 2 applications. One through sbi asba and one through upi. Got allotment in one applied through upi. Mode of application does not have a say though as it is pure lottery.
520.1. P Patel| Link| Bookmark|
December 30, 2020 8:26:25 AM
IPO Mentor (900+ Posts, 900+ Likes)
I applied one from my Demat account and 2 from my cousin Demat account but all payments thru SBI ABSA from my savings account.
Is there any chance my cousin application is rejected due to some reason, can we apply like this and has anyone got allotment by applying in SBI ABSA like what I have done...
516.1. Paymzia| Link| Bookmark|
December 30, 2020 3:43:24 AM
IPO Guru (2400+ Posts, 4500+ Likes)
@Rafid
Think how many applications required and how many came. You got 1/3. Be happy . SBI allowed up to 5 applications . You can apply third party applications with your sbi asha . No problem
@Paymzia : Are you sure that we can apply for third party applications from SBI ASBA. For example can I pay from my account for my friend''s application?
@Shad SBI ASBA allows registration of 5 beneficiaries with PAN and Demat account for IPO application. As per your question, you can apply for your friend through SBI ASBA. Even I did get allotment in Mrs Bector in relative name thru my SBI account.
I have been applying ipo for many years but I never got such a wonderful ipo. I always apply in retail category - can this be the reason I get no allotment? Should I apply in hni category? Will that make any difference? Please help
514.1. Paymzia| Link| Bookmark|
December 30, 2020 7:08:17 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Simple apply with your family members and friends too. Then allotment chances are more . One think keep in mind all IPOs mostly over subscription ,
So this is purely based on luck luck luck
513. No trade| Link| Bookmark|
December 30, 2020 6:24:15 AM
Top Contributor (300+ Posts, 200+ Likes)
Check IPO allotment on the following link : https://linkintime.co.in/MIPO/Ipoallotment.html
CRSL YOU CAN GET HIGHER ALLOTMENT IF YOU AFFORD TO APPLY 2 FORMS ,MAY BE ON ANOTHER MEMBER OF FAMILY PANCARD.
510.2. Paymzia| Link| Bookmark|
December 30, 2020 3:27:39 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Every ones wants to allot for every time but they don''t see (look) how any applications required , and how many came .
@csrl You got some IPOs alloted , but one of i know a person did not get any ipo still now past 2011 onwards . But still now applying applying applying , he is always positive thinking .
I got some , but he did not Purely luck luck luck that''s it
@crsl long list, but remember it''s purely on luck. There is a contrast in oversubscribed IPO. Probabilities of allotment is always there but that does not mean 100% allotment. Even in 2020, I did get only SBI cards allotment on my name in all oversubscribed IPO. The remaining two are Gland pharma and UTIAMC, undersubscribed.
@Patel ji, With all due respect, I hope you remember the 2009 scam of "ferji" demat accounts.
502.6. P Patel| Link| Bookmark|
December 29, 2020 11:33:08 PM
IPO Mentor (900+ Posts, 900+ Likes)
@techuser, agreed with your argument and in past many fraud happened. But with time evolved and learned from those fraud, regulators should have imposed some restrictions and introduce some audit mechanism to avoid such frauds further.