@"Safe bet" The issue was over subscribed by 77 times. The allotment of shares is purely based on lottery system. The basis of allotment is approved by the stock exchange. If you have not got allotment, it is due to your bad luck. In case of any further concerns, write to us at cameo@cameoindia.com
293.2. Safe Bet| Link| Bookmark|
May 20, 2023 10:25:55 PM
Top Contributor (500+ Posts, 100+ Likes)
@cameo You say it is o/s 77 times , I fail to understand why a 93 lot application then NEEDS GOODLUCK Waiting for your reply. Board members may also Pl comment....
I got 2 against 8 application in auro Even also in Quicktouch sme ipo i got 2 against 8 application, it was pure my good luck. So keep applying in good sme ipo Whenever you got allotment.
293.4. PLAZA| Link| Bookmark|
May 21, 2023 9:02:27 AM
IPO Guru (1900+ Posts, 1200+ Likes)
@ safe bet Don't rely statement of vpcameo as this one is not representative of cameo by simply making id resemble to cameo . Even this fellow does not knew that HNI subscribed 104 times instead of 77 as mentioned. Simply mentioning here is that someone make id of resemble name and protective negative comments of cameo registrar . God knows why is doing...
293.5. Safe Bet| Link| Bookmark|
May 21, 2023 2:49:28 PM
Top Contributor (500+ Posts, 100+ Likes)
@Plaza Yes you may be right... It always spooks me why SEBI/exchanges do not insist on the BOA (approved by it) put on public platform the very day it is finalised. It expects companies to share information on the exchange websites at the earliest so it should do a bit of introspection & do some charity in its own home.
291. Imhilli| Link| Bookmark|
May 18, 2023 3:34:53 PM
IPO Guru (1200+ Posts, 700+ Likes)
To me the real issue is the money release, not the listing price. Just now I had a discussion with the manager of the registrar. He informed that allotment is almost in final stage. Once it is done, it will be sent to the NSE today evening itself. If approved tonight by NSE, instruction will be given to the bank to release money immediately. He informed me that it all depends on how promptly the stock exchange is approving the allotment. Hopefully by tomorrow 1pm everyone will get their money back. So friends, be relaxed.😊
291.1. svh| Link| Bookmark|
May 18, 2023 4:14:56 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Thanks for sharing this good news. It's okay even if not allotted but money should be released in time before 2 PM tomorrow.
🙏👍
291.2. Imhilli| Link| Bookmark|
May 18, 2023 10:42:42 PM
IPO Guru (1200+ Posts, 700+ Likes)
So they kept their words. Now the fund should be released before 2pm tomorrow
Allotment out. This time it is right on time from Cameo. Now people can easily apply in Krishca. People really wanted the refund/release more than the allotment.
As per rule even if allotment not available on Cameo website they need to unlock it tomorrow only... Otherwise penalty provision is there... So it won't go beyond tomorrow, shaanti banae rkhe
278. Safe Bet| Link| Bookmark|
May 18, 2023 9:55:47 PM
Top Contributor (500+ Posts, 100+ Likes)
If cameo has such a bad reputation with regards to allotment why did they committ to do it 3 days while the norm.is FIVE DAYS?? Puzzled Conspiracy 🤔🤔
@Safe bet We have finalised the basis of allotment on 3rd day, ie., 18.05.2023. There is no delay nor there was any delay in allotment in our past IPOs. Please be specific in case of any concerns and write to us at cameo@cameoindia.com
278.2. Safe Bet| Link| Bookmark|
May 20, 2023 10:19:45 PM
Top Contributor (500+ Posts, 100+ Likes)
This message was a reaction to board messages prior to the allotment which showed cameo to be delayingallotment in past. I think you have done a super job doing allotment in 3 day as aginst standard period of 5 days. My amount was also unblocked in time to apply next day. CONGRATS! KEEP IT UP. Would be thankful if you could share BOA of AURO. I AM EAGER TO SEE WHY I MISSED OUT.
278.3. lokes| Link| Bookmark|
May 21, 2023 4:32:19 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@safe bet: Just to make you clear, Allotment date is always on third WORKING day for any sme/mainboard ipo after ipo closing and it usually comes in evening or night or late night. You have some wrong assumption of 5 days.
278.4. Safe Bet| Link| Bookmark|
May 21, 2023 11:22:58 PM
Top Contributor (500+ Posts, 100+ Likes)
@Lokes For Ieg. N nnokaize it was 5 days. Closing 3May BOA 8 May. I think it MAY BE 3 working days. I usually recall it to be t+5 for most issues.
@lokes i salute u mam for taking so much effort to make people understand the simple thing even when they just want their wrong understandings to be true.... Really i salute that patience and effort of urs....
@Hope is life These Registrars are generally not investors friendly. Unless managed by the IPO companies. However this is only on the third day when basis of allotment is there. Only a few on third day. Need not worry, tomorrow every thing will be in time. Even if we worry, nothing is going to be positive. They will do according to their wish only.
277.6. Imhilli| Link| Bookmark|
May 18, 2023 9:25:08 PM
IPO Guru (1200+ Posts, 700+ Likes)
Rightly said @PKRAJ . Let's sleep in peace today and hope for the best tomorrow.