''What is kostak'' ''Will I get allotment'' ''How will allotment be done'' ''When is allotment'' ''How many lots will I receive'' ''What is GMP'' ''When is listing'' ''What is listing price'' ''Why my amount not blocked'' ''Why my amount not deducted'' ''Why I did not receive confirmation''........ and so on......I have only one question, IS EVERY SECOND PERSON HERE A FIRST TIME IPO APPLICANT????
Hiii Buddy Investors..... I am new on share market and also on this website.... So hopefully i learn for fundamental and basic rules of the Market ......
Guys, I was out of IPO application for couple of years hence this question. Earlier, if the oversubscription is below the max lot size you applied, we used to get at least one lot. The sounds much reasonable. In Dmart case, if the oversubscription is below 13 times and i applied for full 13 lot, I was assured 1 lot. I don''t understand how it works now? We will only get one lot but not everyone getting. Anybody can help me understand?
Now the first priority is to allot one lot to every applicant irrespective of the no of lot he/she has applied.If that''s not possible then it will go for lottery with equal probability for all applications to allot max one lot. So when there is oversubscription apply for one lot only.Hope this helps.
How is the lottery carried out? Whether any software is used? In whose presence it is done? Suppose there are one lakh shares and each lot is of 100 shares. So maximum 100 applicant can be allotted one lot each. Suppose it is oversubscribed by 10 times and there are 1000 applications. Whether every 10th applicant will be given one lot each?
@NPT Good questions but honestly I don''t know the operational details of carrying out the lottery.You are right;if application wise oversubscription is 10 times then one in 10 applicants will be allotted max of one lot. @Aman: In case of oversubscription (like Avenue Supermarket ) only liers get more than one lot for single application :).
Thank you AKB! I think the earlier process was more transparent. So what i think now make more sense, if you know it will oversubscribed, apply min lot from multiple account to increase your chance.. correct?
Yes increase your no. of accounts thts y i applied through 30-40 application in every good IPO. and if not sure about listing thn from sell application (30-40) also a good profit without risk.