Finally Lucky this time got 1 out of 12 app of various lot sizes range : 1,4,5,9,10 lots (total of 54 lots) Congratulations to the lucky allottees ….. it’s pure lottery in SME IPO
Not alloted in 80 lots *4 applications. Pure bad luck
90.1. KarmaTheLord| Link| Bookmark|
January 16, 2024 9:09:43 PM
Top Contributor (200+ Posts, 100+ Likes)
I'm wondering why no allotment for 80 lots?! Doubtful with the allotment process.
90.2. M Gupta| Link| Bookmark|
January 16, 2024 10:26:27 PM
IPO Guru (1000+ Posts, 3100+ Likes)
@Rohan Bajaj Can we do pooling for maxposure as getting allotment by applying 85-90 lacs in four will be very difficult.
Similarly i have clients who apply around 7-8 app of this size.
If we apply at a single size at least one of us will get, otherwise, as the issue is going to get subs by 2000 times, we will fail to qualify for the lottery itself.
BASIS OF ALLOTMENT - Where can we find complete basis of allotment document for any IPO?? The one published in newsletters have only few sample lots and we don't get to see allotment ratio of our lot many times