Naresh Bhai saro ipo che long term mate pan , rakhi sako..hu pan first day ma Sara price pan profit book kari niche 1 _2 week ma bhav high level thi 10 % niche aave tyare laish ... I sold global health at 444 ..plan to entry again at 380
*Listing Archean Chemical Industries Limited as on Dt 21/11/22 Monday*
*BSE CODE:- No. 543657*
*NSE SYMBOL:- ACI*
*ISIN NO:- INE128X01021*
*Price : 407*
463. svh| Link| Bookmark|
November 17, 2022 9:00:10 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Last year one IPO Windlas Boitech came at Rs. 460. It's CMP is 240. Now they are buying back @ Rs. 325 from open market !
I wonder how SEBI is permitting such companies to buy back at such a big price difference. This is official legal but immoral one type of insider trading. SEBI must put ban on such kind of buyback request regardless of issue size.
Dear Chittorgarh Team, Lokes, MRavichandran, Monster Zero, Trueinfo, svh, PSR and all other seniors,
• I had applied with 3-BHNI & 3-SHNI applications in “Archean Chemical” and allotted 0 shares, because Registrar is “Link intime”. • I also applied with 3-BHNI & 4-SHNI in “DCX system” IPO, allotted 0 shares as Link Intime was there. • In “Syrma SGS” IPO, I applied with 2-BHI & 4-SHNI, allotted 0 shares as Link Intime..
There are few more incidents where I allotted 0 shares, when Link Intime stands as Registrar.
Earlier (1 year back), I was usually getting allotment in NII category, when allotment was proportional basis. But now the allotment is on lottery system (everything is hidden) so not getting any allotment until there is firm allotment.
CONCLUSION: I guess the Link Intime has well set-up planning with few big Bulls (Punters) on allocation of shares. It is allotting shares to some selected persons as there is no any transparency over allotment, which is based only on lottery system.
1. Seniors, are you also facing the same problem (as me) for non-allotment? if yes please share your experience. 2. Usually, I applied with minimum lots (14 & 69 lots) in SHNI & BHNI category. Do I need to increase number of lots? 3. Is there any provision/possibility to ask the Link Intime, for more clarity over their allotment system? 4. Link Intime stands as Registar in majority IPOs. We need to know more about their allotment system, so we may not face same issues again in future..
Well, I got 2/5 SHni in Dreamfolks despite 30 times in SHni. Intime was registrar. But after that , even I have drawn a blank in all categories including Bhni and SHni in Intime. Cant do much ,
In old times the method of lottery result was based on your application number. Reverse of your application number devided by the ratio. e.g if ratio is 1out of 7 then if the remainder is 0 the application is successful. If ratio is 2 out of 7 then successful appns. be with remainder 0&1 and so on. Not aware of present procedure.
459.3. svh| Link| Bookmark|
November 17, 2022 4:28:08 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Dear friend ,
Don't get frustrated. It happens. Keep applying and have faith. In Dreamfolks and Harsha , I was also not being lucky enough to get any single allotment. In Syrma I changed my strategy at last moment to try my luck. I diverted my mind from HNI to RII after checking subscription numbers and available space for allotment because I believe something is better than nothing. It worked it and got 60% allotment in RII. You also try this next time. Anyway still there is hope in Kaynes Technology IPO. I wish you all the best for allotment in Kaynes. Kaynes premium is better than ACIL. It sharply shoot up after issue closes.
Archean Chemical 1/3 Global Health 1/1 Bikaji Foods 1/2 DCX Systems 1/3 Syrma SGS 1/3 Aether Industries 1/3 Paradeep Phosphates 1/1 Ruchi Soya Industries 1/1 Adani Wilmar 1/3 ये सब रीटेईल क्वोटा मे हे और Registrar Link intime
All senior member please reply. My friend applied for this ipo and received this message.
Guys please help me. My friend received this message.
Your allotment for the ARCHEAN IPO was unsuccessful. Don't worry, your refund will be automatically processed within the next 10 working days or on the expiry of your mandate. If you don't get a refund after 10 days, check with your bank or the RTA of this issue. Team Upstox