Auro Impex & Chemicals Limited IPO Message Board (Page 6)

Please read 90 inflate of 100.
As ipo price is 78

No comments by experts means we should place order in preoening around 80 to 84

I am planning to put sell order around 95-100 in Pre-open as this was the GMP earlier and seems about right valuation as per the company's growing financials. This could be a real gem in next 6-12 months, expecting good returns in long term, so will hold it if not able to sell it at 95.

Are bhai..........sab ghabra kyu rahe ho ? Muje yahi baat samaj nahi aa rahi.
Itna ghabrana hai to share market me ana hi nahi chahiye.

Just hold tight or sell at -10% this is simple strategy.

INDONG TEA yaad hai..................50% ho gaya. Mene to 13rs mai kharid liya, muje to kuch itna bhi kharab nahi dikh raha tha.

Aaj dekh lo usko...............

AURO ti fir bhi badiya stock hai.

I am not suggesting others for what to do. I am saying that what I am going to do. I will buy it at lower level gradually.

Very bad example- Indong issed at 26 is currently at ~23. You bought it at 13. Means you expect Auro to fall upto 50% then it's good buy.

and my bank account with hdfc

and u instructing ICICI for

unblocking for my fund?

Mera bhi UPI Canara Bank se ab tak unblock nhi hua h
HDFC ABSA bhi 19.05.2023 ko night 9.00 PM ke bad unblock hua jis wajah se IPO apply nhi hua.

@VP Cameo
My all kotak upi funds are still blocked, exactly what's going on??

@"Hope is life"
Please note that ICICI Bank is the sponsor bank for UPI and hence we have to send unblocking instruction to sponsor bank only, who in turn will have to send to respective banks. While we have shared the refund instruction to them on 18.05.2023, there was a technical glitch at their end, due to which there was some delay in processing. It is expected that they will process all the unblocking by today.

@ "Ipo HSL"
Kotak has confirmed just hat all UPI unblocking is compelted. Please check once again

Increase from 1 bottom

@safe bet : total subscription is 104 times in HNI and you applied for 93 lots....so there is a chance of no allotment with 93 lot, no surprise in that....it all depends on how many total applications were there of 93 lot....
if there are 5 applications then 4 will be allotted 1 lot and you might be that remaining unlucky one....similar way 5/6 will be allotted and 6/7 .....and upto 4 applicants, all should have been allotted....

Probability of allotment is ->
[round off of { (applied lots*no of applicants)/HNI subs} ] / no of applicants

Round off happens to next/previous number above/below 0.5 approx.(not exact)

There is something unusual or things messed up by Cameo big time. I have recieved 0 lot against 173 lot application. No matter how many applicants were there at this lot size, one confirmed lot was expected.
People also not allotted with 100 lot size.

@Lokes I think BOA cd give a better clue. But it will be ages before it is available.
@SRaj.. yes your case is absolutely CLEAR what can be done now??

@safebet , I have contacted cameo but haven't recieved reply from them yet. Need to open sebi scores case. I don't know how compensation case can be raised.

@VP Cameo 

@lokes 

@Safe Bet 
I have checked BOA. There are 4 applicants with 173 lots each. Each of them should be allotted minimum one. Why I am allotted 0 . While, other 3 are allotted 2 each.

For 93 lots, there are two applicants, BOA mentioned both of them allotted one each. Why @Safe Bet not allotted then.

93 lot only one application may be safebet have 92 category where 4 off 5 alloted.

@snipperRaj really big surprise to see only 3 alloted in 173 category, it shouldn't happen.

Even at 200 lots, 5 out of 6 are allocated. Strange

@Safe Bet  , 92 or 93 ? 93 Firm allotment
@snipperRaj  , Ask cameo for the reason. It will be helpful for the forum.
@Admin @ Chittorgarh.com  , VP Cameo is verified ?
Thanks

Final subscription figure shown in chittorgarh and cameo BOA document are not matching, mainly in HNI and QIB category. HNI/QIB as per BOA is 115 times and 10 times. Now coming to allotment :

​@snipperRaj  For 173 lot, there are 4 applicants and as per normal allotment according to 115times subscription, 6 lots to be given to these 4 people , which is first 1 lot to each and 1 more to any 2 out of 4 by lottery but here by some blunder mistake, they have given 2 lots to each of 3 people and seems you are not allotted anything. Definitely you can send mail to cameo first, if no reply or satisfactory resolution from them, you can file some case with sebi after checking process on net. Exactly same mistake they did in 200 lot category.

​@Safe Bet  for 93 lots, BOA clearly showing 2 applicants and each allotted 1600 shares which is proper so not sure how you are not allotted , just check once once that you have applied 148800 shares only, not some other number by mistake like 147200 in which 4/5 are allotted.

@Lokes/ Sraj/svh/ HNISJao : Checked my application again . It IS for 93 lots(148800). Amount was blocked/unblocked. BOA shows two apps both alloted for 93 lots.
Cameo chap has conveniently gone silent.
How/where do I raise a complaint????

Some shady bit of allotment here by Cameo as Lokes Sir pointed out.
As per BOA for 173 lot application, 9600 shares divided among 3 applications (out of 4 at 173 lots)
Instead it should be 1600 to each of the four applicants and remaining 3200 shares to be given to 2/4 applicants based on the lottery.

sent a complaint email to Cameo with copies to SEBI & NSE. Let's see what excuse they make......

@lokes, @safe bet, @VP Cameo 

Below weird reply from cameo. One lot each should be given to all 4 applicant and then remaining 2 should be lottery to 2 out of 4 applicants.

Dear Sir

Under the category 276800 shares, there were 4 applicants and the number of shares proportionately available for this category was only 3 applications could be allotted and hence only 3 out of four applicants were eligible to get allotment. As per the lucky numbers provided by the stock exchange, your application did not get any allotment.

Regards,

Priya

Vice President & CS

Cameo

I think this is really FUNNY there are six lot available for distribution in the (173 lot) category ((173*4)/114.95 ). There are four applicants, from the rules I interpret it should be 1 each to 4 applicants & then extra 1 lot in the proportion 1:2. So two chaps out of 4 get 2 lots & the other 2 get 1 lot each ...fair enough.
This is a joke if the exchange/SEBI also interprets this to be correct then shame on them. You need to escalate this. to Exchange/Sebi.
My case is a little different my category (93 Lots) shows 2 apps in the BOA both allotted (rightly as available lots is 1.618 i.e. 2 (rounded) ) but I have not been allotted. But my application shows submitted on NSE ipo portal.

Yes very funny. seems they manually did allotment or their software was handled by some new IT engineer who put bug in its algorithm.

Also it is not clear how there is subscription mismatch between CG and cameo.

Safe bet , can you share how to report to sebi and nse.

@SRaj I emailed to cameo with a coy to sebi@sebi.gov.in & ignse@nse.co,in
The cameo help desk didint read the email , just forwarded it to bank for unblock. Pathetic. Had to give a nasty reply to cameo higher ups to look into it. waiting for their response.
The NSE complaint has been ticketed no reply yet. Their online grievance systems are pathetically slow.
sebi no response yet.

If you go through BOA which clearly shows that 2 application of 93 lots received but allotted 3200 shares to one applicant. This is a very big mistake by cameo. They should allotment both applicant 1600 each .

Buy as much as you want. It will be available almost at IPO price

@CLD  Thanks bro for the advice bro. Done that. :)
The issue actually is: are the registrars taking us ALL for a ride with allotments that are blatantly bypassing what we understand as the regulations. Shouldn't they be hauled up by the Exchange/SEBI if they have made a mistake & bill is footed by the investor. What if this has happened in say is Innokaize or some other good issue.

It is all computerized draw of allotment as such no chance of manipulation. It is done in presence of witnessed.

TRUE but it is heard that by the help of software experts some application nos are being managed though not authenticated but can be relied on the source . If it is so then lottery can also be managed digitally enwironment.

Between 9.15 a.m. to 9.45 a.m.