Arvind and Company Shipping Agencies Limited IPO Message Board (Page 5)

If you get lucky, you will get 1 lot (3000 shares)

​@MVP Thank you sir for your reply.further ahead So no proportionate allotment count in such scene?

11 lot application has more probability.

In SME, more tge lot you apply increases probability

​@Noorul Sir are you applying?

Yup. Applied

Applied 4/2/2 lots

You may go for 4 hni application of 4 lots each

Ok thanks sir

​@Vbhav 
1.
Apply

2.
It is a Fixed Price Issue IPO, which means if Retail > HNI, share movement from HNI to Retail will happen.
4 HNI of 4-4 lots each seems a good option to me
or if you have 15-16 accounts, you can go with 15-16 Retail apps also
as HNI subs will also going to be high, Retail may be a better option
Reasons:
a. No parallel IPO running
b. Good Company

I will probably go with Retail options as of now.

Thanks sir for your guidance

​@GJ 😀  I hv applied in retail sir...

I didn't expected that much subs in hni. If i had applied then only demotivate situation and loss of bank interest.

Thanks for right guidance and saving my money...

​@Vbhav 
Happy to help/guide if I could.
I also applied 8 Retail apps here

@Vbhav why loss of bank interest, in ASBA the amount is lien (blocked) amount is not out of your account. You will keep getting the interest.

Aisa kuch nahi if your money is tax paid... u apply 1 lot or 1 lakh lot no issue...

@kingboss.. as far as I have a personal experience.. More than 2 Lac amount allotment are to be surely reflected in your AS-26. & for the same you have to pay the stcg tax on the profit.. That too as par your income tax slab..
All sme's & their allotments are below 2 Lac so.. You can apply without any fear of tax... if you have a balance in your a/c..

​@kingboss No need to worry when the application is made from Bank account. That's your accounted funds and not other. Even if it reflects any where no problem. If you have unaccounted funds from different sources in your Bank, you need to be worried. IT department is not so free for small things and they know each transaction of everyone. Exceptions may be there. Here in our FORUM, we have very big HNIs.
When you are on right track, why to worry. Is it your first time for such application?
I am not a financial expert. I have given my views. If I am wrong, I will appreciate, if I am corrected.
Good luck.

​@kingboss  As PKRAJ ji said, no need to worry, it will reflect in AIS and TIS form if you got allotment.But if you will pay tax* then no need to worry even if you alloted 1 or 10 lots.

Off the topic, even you purchase or sell a single share it will reflect in AIS/TIS form

* Tax
>> If you sell shares within 12 months= 15% tax
>> If you sell shares after 12 months= 10% tax only on Long term capital gain above 1,00,000 rs. In a year.

This rates are subject to your income.

From past financial year, even single share is reflecting in 26AS and AIS, but @kingboss no need of worry for clear source of money.

​@diwan kapoor STCG should be at 15% and not at slab rate if the shares are sold through a recognized stock exchange.

STCG is 15% and LTCG is 10% if gain is more than INR 1 lakh in a financial year, nothing to do with slab rate. If your financial year income is less than taxable amount then even this STCG, LTCG will be refunded or waived off

@Basuvr.. You are right.. STCG is 15℅ .. & LTCG is 10℅..but if the income of any one through all sources is fall in non taxable limit.. than there is no compulsion of paying tax /advance tax.. For your knowledge I am giving you a example of my family member.. Who's ITR are filled by my ca in my front.. My family member got the hni allotment in Medanta..and earn around 80000 profit on selling this allotment.. so 15℅ STCG was calculated.. But as the net income was up to the non taxable limit.. So no tax liability was there.. That's why I have written here .. tax slab..

Income Tax is only payable when you earn. Mere applying in the IPO is not a gain until you sold your shares. So no need to worry when apply for coming in Radar of Income Tax Department.

Applied 4 appl. For 11 lots each

applied 1 appl of 11 lot

​@diwan kapoor Ji all the best from bottom of my heart ❤️..

@Tejas bhai.. Bahoot shukriya aapka.. Apni
Kahi.. Kya kiya aapne issmai🌻

​@diwan kapoor Ji applied 10 applications of 8 lots..

@Tejas bhai..Best of wishes.. May God bless you with one allotment.. at least 🌻

​@Tejas Pandya @diwan kapoor For these many applications, do you use third-party or different bank accounts to apply for each application?

​@ipowale No third party applications..

@ipowale.. No third party.. all different bank a/c..

​@Tejas Pandya  in the same batch as you. 4 Applications of 8 lots.

​@Tejas Pandya , mere 8 applications of 10 lots 😀
Dono ka allotment chances are almost same !!

applied 10 appl of 8 lot each

Applied 4 applications of 8lot each

Registrar confirmed that it is T+6 listing. Old style allotment.

But Beeline other issue has opened, so expecting for an early allotment for this IPO, to use the fund in his next IPO