Australian Premium Solar (India) Limited IPO Message Board (Page 8)

yeah..same for me.

Uploading the allotments data hopefully

Seems Australian comes earlier than New Swan

I will try my best to answer your queries :.

1. No specific notification for rejection, you might or might not receive the same over email. If application appears at the time of allotment with no other reason mentioned, its not rejected. If application does not appear, means it is somehow rejected.

2. For minor application, PAN of guardian is just associated with the account. In the end the bank and application is of minor and their PAN, because if that was not the case, the same stands as third party application.

3. No, that was allowed earlier. Now the PAN in application and in bank pertaining to application should be same.

4. The FAQs page of Chittorgarh site is one place to answer such general and specific queries and gather more information about the same.

Hope it helps !!

​@Anant P All applicants has allotment chances unless the application is technically rejected.

Best of luck 🙏

Same here, applied 3 retail applications with 1 lot each. Hoping for best, and wish you too a good luck

Wish you also good luck for allotment.

Applied 9 Retail let's wait for result.

​@Anant P  Have faith, I did get retail allotment in my my very early days of SME play may be within first 2 or 3 IPO, and it will be tough to believe that it was in very small IPO of Olatech where retail was subscribed almost thousand time. It is different story that after that I never got any SME where subscription times was above 20 times.

I think once any PAN holder is allotted with lottery allotment , next 7-8 months that same PAN holder wont get any allotments, looks like this is one of the criteria during allotment.

1.83crores for l lac profit...wow.. Good luck

You assumed that only one out of 10 applications will be successful? It may be more than one also.

​@antarix @GrayIsTheNewBlack let's say 2 applications gets successful, 2 lacs profit on amount of 1.9 crores in 4 days right? (today, allotment date, refund date, and listing day(provided he sells on listing and listing is at 100k profit)). I am genuinely curious why he or other HNIs don't put this amount of money in market where there are numerous stocks giving more than 5 percent in 2 days at least, there are more. i know there is also a chance of potential loss but still i am curious , Whats the catch here??? if anyone can explain , thanks....

​@Manan Surana If you know for sure which stock in secondary market will give 5% in 2 days, please tell us also 😁 If anyone can accurately predict this, he will be a multi-millionaire.

IPO market is somewhat predictable in terms of listing gains, but unpredictable in allotment due to lottery. This is inverse of secondary market - we can buy any stock, but have no idea when it'll move and in which direction.

​@Manan Surana JI, that is the beauty of stock market. If one can predict movement in any good scrip then he/she will keep minting and become Crorepati within months. But the act and hands on experience tells else, the uncertainty factor is so high in comparison to IPO listing gain. Second here even if applied with 2CR, only up to max 12Lakh approx. can outflow to market and that too with higher chances of certain gain. Now think about putting 2CR in market, just think hw much risk is associated to even earn 1 Lakh in 2-3 days or even in INTRA given the market is on all time high and we cannot fathom how much it can fall if correction takes place? Certainly big traders play in crores but they do earn also and then only they dare to make a position which may incur loss.

​@Manan Surana Some applies with 1.9 cr from 10 accounts, for 2-3 allotments on luck bases. So do you think thu funds are just lying in saving account?
If more than 1.6 cr is as part of FD, do you think such a member doesn't invest in secondary market and Mutual funds ?

@antarix - It's difficult to get max of 1 to 2 lots irrespective of no. of demat accounts.

​@Manan Surana  Seeing the GMP and Subscription, HNIs are infusing crores of money in the small ipo to play safe. Less risk and less profit, that's the motto here.

​@Manan Surana 'Numerous stocks giving more than 5 percent in 2 days' is the catch here. Finding these stocks is easier said than done. But in IPOs, at least finding the stocks at attractive rates is easy, getting them is difficult (with big money, it is somewhat less difficult). In secondary market, it is reverse. Finding the stocks at attractive rates is not easy, getting them is easy once you have found them.

thanks everyone for their views , a lot of valid points made here , made me rethink my noob question :)

For better chance of allotment.. One should apply for same lots.. In multipal applications.. If fund permit..