Sir, if you know the number of single lot applications then please tell us how many total applications including single as well as multiple lots in retail category.
@Shareking - Yes IPO can be applied throught ASBA. But you can go to branch and fill the hard copy ASBA form and apply. You don''t necessarily need to apply online only. I have done it myself. You can visit bank till the time it is opened (till 4:30 or may be few mins later) depending upon branch timings. Also, all these hard copies are processed by bank so you can always find retail subscription increasing even after 3PM.
As a retailer i have applied this lot at discounted price of Rs. 263. Will that make allocation to me impossible (as others may have applied at the rate of 275) ????
Another one thing is that compare to HNI and NII retailers portion is subscribed around 40 times. Does this imdicate that retailers have better chance of allotment than hni and nii ???!!!
Looking at subscription figures n listing , Mr. FM AJ would be ''dreaming'' of imposing higher tax on STCG from all mouth watering IPO profits. Just kidding.
I suggest they also start levying "Capital Loss Tax''....and ''No Application Tax'' .....Why just those who get allotment? Doesn''t everyone deserve to be the part of the great nation building excercise thats underway?
yes , who knows he may introduce IPO application tax also :)
'' Capital Loss Tax '' - Now we should be ready for that also as he is going to extend LTCG from 1 year to 3 yrs n we are already paying taxes in the form of GST,STT,SEBI fees,Stamp duty,ETC irrespective of profit or loss.
''No Application Tax'' - Those who are falling under taxable income bracket must apply n hold for long term to save tax under section 80C otherwise pay ''no application tax'' in the form of income tax.
Looking at the past trends of his decision anything is possible . Year 2017 was full of IPOs. He might be thinking that this trend will continue forever even in SME IPOs also !
SEBI closed its one eye while staring at govt. n permited to high priced PSU insurance companies IPOs.In future it may close its both eyes to allow even ''Gallawala'' n ''Laariwala'' to bring their IPOs :)
I have applied two lots of 400 and 350. 400 shares for rs 275 and 350 shares for 270. Will I be alloted any shares as I could see consolidated shares applied " 68025050" is more at cutoff rate than shares offered for RIIs "2109280" Experts please advise. Thanks..
First understand the logic of IPO application... 1) No matter how many lots u apply.. For a huge over subscribed issue, u will get only 1 lot.
2) that one lot is also not for everyone... But there will be a lottery process to choose.. Not everyone applied gets..
In your case... U have put 2 applications... As the issue is oversubscribed 40 times (assuming all applications had one lot unlike you very few) u will get 1 out of 40 applications... So 2 applications has a very very low chance of getting through.. Its purely upto your luck.
Hallo sar I apply 1 lot uco bank offline ipo submit. But my account balance not 13150 . So I add my account balance tomorrow....pl suggestions...pl pl pl......