The system was changed 2-3 years back. Now you will get only one lot if there is over subscription in retail category. No advantage in applying more than one lot.
567.1. kishan parekh kp Mar 6, 2017 3:43:29 PM IST | I Like It. | Report Abuse YES your frd is rite ..we can apply 200000rs but in retail quota most of for good ipo it subscribe by 3-5 % so according to rule .. who get allotment only for 1 lot not more than 1 lot bcoz ipo is over subscribe if ipo not over subscribe or less subscribe so there will chances of get more than 1 lot
@AfterAll : category is no of lots /shares applied in retail. @manishhind : pls don''t spread rumors. It is SEBI rule that if subscription is more than 1 times, than min lot will be allotted to applicants so as allot shares to maximum people. Allotment basis link sent on my previous email. In all categories of retail allotment was of 18 shares only.
You can go & check the allotment ration, which will give you better idea. Check the link : /ipo_basis_of_allotment/bse-limited-ipo/611/
571.8. ShareView| Link| Bookmark|
March 6, 2017 5:44:22 PM
IPO Guru (2400+ Posts, 3600+ Likes)
26. ShareView Feb 1, 2017 5:10:26 PM IST Reply BSE Limited IPO
unbelievable 0/11 ! !
Alloted zero.There are some insider malpractices acted upon by big fishes which is beyond our understanding.Karvy has been punished in the past and we saw evidence in 2016 . As Lotteries are like pure luck , so the IPOs . Aggressively Priced IPOs are easily alloted and retailors suffer loss
I have checked with last BSE IPO allotment - comments of this forum. There is no relation between how many you applied and how much is allotted. Check this in the past thread of BSE.
Its only a lottery system. Apply and hope you will be allotted. Have many accounts & apply.
present allocation method for IPO is totally unfair for retail investors who take higher risk. When the ipo is over subscribed, the retai investors at minimum application and max application are treated similar. While if the ipo is not oversubscribed than the max application investor takes the brunt and get allotted the full subscription. There is no fairness in risk and reward working... The current process is flawed and if SEBI wants to allot every one than all retail investors should be compulsorily asked to bid for same number of shares. Else the retail investor who takes higher risks max application should stand higher chance of allotment during oversubscription
My friend told me that even if we apply 2 Lac if we get allotment it will not be more than minimum application i.e. 50 Shares Only Is that so Plz advice briefly
YES your frd is rite ..we can apply 200000rs but in retail quota most of for good ipo it subscribe by 3-5 % so according to rule .. who get allotment only for 1 lot not more than 1 lot bcoz ipo is over subscribe if ipo not over subscribe or less subscribe so there will chances of get more than 1 lot
I do not remember the name of the person who provided this analysis in the past but it was 100% correct. This was he did say..
1. If the IPO is a good one, it will be over subscribed and chances are that you will be allotted max of 1lot per application 2. If the IPO is bad, it will be undersubscribed and the person will be allotted his full amount. So its better to apply in 1 lot. (Ideally you shouldnt be investing)
So yeah, in summary retail get 1 lot only. So why block you money for no reason?
567.3. Sidhu - This is not always correct. If the IPO size is big, your chances of allotment is high for the application made. For e.g. Interglobe (INDIGO) IPO I applied for more than 1 lot & got 100% allotment & also earned handsome return on it.
570.6. ShareView| Link| Bookmark|
March 6, 2017 9:20:17 PM
IPO Guru (2400+ Posts, 3600+ Likes)
INDIGO was unique case overall subscribed 6 - 7 x but retail quota was under subscribed.
Eagleye has sold all her application in kostak😎. So no updates from her on Dmart. She is going to apply in MBL but she is unsure about its listing price.😅 So no new posts from her on both the pages till some new data comes in the market.
562. Septa| Link| Bookmark|
March 6, 2017 10:09:19 AM
(4000+ Posts, 4600+ Likes)
Comparing V mart with D mart gives you lot false positivity on health of V mart. Basically V Mart is fashion house which also does Kirana. However D mart is your wholesale Kirana Store. Yes V Mart is moving it business model more towards Kirana so market is giving it share re valuation.
For me Dmart is next big thing india is growing it has population of 1.3 billion with majority of them moving to cities in coming years and this big hyper market is future mexico has close to 8000 hyper market we have not yet crossed 500 and we have bigger population then mexico.
So Dmart and players like it will be wealth creators in next decade so have all of them in your portfolio
Investors need to be cautious this time. Market is at very high valuation. Since last 2 months market is in up trend. Now it looks like time for little consolidation. About new IPOs, investors need to be cautious as well. Two big events on 11th March – State assembly results and 15th March – US Fed meeting will led market in near future. If state assembly results are not favorable to BJP then sure we will see negative effects on market and new listing. If US Fed increase interest rate then also our market will see little downside for short term because of strong United States dollar
I want to tell.that some people say apply 1 lot from 1 pan and 1demat a/c for more allotment..Nothing I saw many peoples that apply by 2 lakh limit in retail.and get full or maximum allotment. It is lottery system not matter 1 lot or 14 lot you apply.