Arihant Academy Limited IPO Message Board (Page 6)

sbi started fund unblock,,, unblocked for few applications..2 release, 2 pending

@Nijani
Great kidhar apply kiya tha aapne
20th ki raat ko 8 baje to Allotment aaya
Tumhara to 19 ko hi unblock ho gaya tha

@JAI JAI GARBI GUJARAT
Sorry bhai my bad.
19th nahi par 20th raat ko msgg aaya unblock ka.
Thank you for pointing iut my mistake.

Applied 13 retail application here...

more then expected subscription for me

i read many comments in this forum who knows the business model of this academy
nd

people's who even studied there

they all praise this academy

thats boost my confidence...

220 times overall after removing MARKET MAKER PORTION...

@admin plz check
Subscription figures are showing different on Ipo details page & subscription page of this ipo.

10 Retail application applied

Applied 7 HNI apps 🤞🏻

experts plz advice, since this ipo is subscribed by large num, and it wud take to lottery system vch of the below wud make sense
1) to apply with jus min HNI(2lots)
2)one retail
3)if in case, funds of 6-7lots available

I can join, but wot be probability of allotment for 7 lots

All Depends upon Luck...

Applied 3 retail

@ lokes , Noorul , Mravi ,

What is final call on Arihant ?

Apply or not ?

Applied 4 BHNI.. already

Applied...

@experts and veterans, around 50-70% of stocks listed in last 8-9 months have dropped significantly today. Any particular reason you can think of or just some profit booking? Appreciate your thoughts and views on this.

Going To Apply

Blocked money in Dronacharya definitely affect the subscription in this IPO

Likely to be subscribed more than 300 times, so thinking what to do 😃😆

@abc xyz
It looks difficult to cross 300x looking into the suspension figures at 13.00. +- 150× may be a good figures. Today's market may hamper the spirit. In good green first and now red. Let's see what will be the closing? Unblocked funds in maximum Banks by now and more by 14.30. But other good, better and not the best IPOs is in line and waiting to enter after Christmas and New Year. Market looks bit risky looking into Covid problems in China. Russia and USA also not good one at present.

Considering overall scenario difficult to cross 200

Applied 11 retail applns.

Arihant, homesfy, moksh...

Teeno ipo maise kon kon se apply karne hai

sbi still blocked dronyacharya means khel khallas,,,,,
waise bhi sbi 2 baje sbi apni dukaan band kar dega...

Lgta he 200+ around subscribe hoga
Matlab chances of allotment will reduce 🙂🥲

@@ Chittorgarh team,

Request you to add a separate page for discussion of technical aspects such as SME Allottment, UPI procedures etc. Such information is discussed by board members time to time, but gets lost in heap of messages scattered across various IPO pages.

@Admin @Chittorgarh team
Thanks
May I humbly request you to please remove tag (top contributors) from my name.

@AAvi,
Noted. It will be removed tonight.

Dear esteemed Investors
Any one joining in 15 lots of 24000 shares each .
we are applying 6 application of this range

found something useful for HNI allottment procedure in a DRHP. Will be useful if someone could provide working examples of this information. Curious to know, how a category with higher lot numbers (e.g. 2 apps of 92 lots each), but not enough to get 1 full lot is accomodated "

"For Bids where the proportionate allotment works out to less than 2,000 equity shares the allotment will be made as follows:
 Each successful Bidder shall be allotted 2,000 equity shares; and
 The successful Bidder out of the total bidders for that category shall be determined by drawof lots in such a manner that the total number of Shares allotted in that category is equal tothe number of Shares worked out as per (b) above.
d) If the proportionate allotment to a Bidder works out to a number that is not a multiple of 2,000 equity shares, the Bidder would be allotted Shares by rounding off to the nearest multiple of 2,000 equity shares subject to a minimum allotment of 2,000 equity shares.
e) If the Shares allotted on a proportionate basisto any category is more than the Shares allotted to theBidders in that category, the balance available Shares or allocation shall be first adjusted against any category, where the allotted Shares are not sufficient for proportionate allotment to the successful Bidder in that category, the balance Shares, if any, remaining after such adjustment will be added to the category comprising Bidder applying for the minimum number of Shares. If as a result ofthe process ofrounding offto the nearest multiple of 2,000 Equity Shares, results in the actual allotment being higher than the shares offered, the final allotment may be higher at the sole discretion of the Board of Directors, up to 110% of the size of the Offer specified under the CapitalStructure mentioned in this Prospectus.