i applied in every IPO with atleast 30-40 demats , but never face any problem regarding blocking of money , application rejection , unblocking of money etc. Its all going in very fine way without any problem till now...hahahaha
yes tough work but which friends unknown for share market , they easily agree if u give surity to them that never Rs. 1 loss for their in these type of things.
Dear Hkumar Sir- allotment ratio is 4:1 as issue is subscribed ~4 times app wise in RII category.. it is subscribed >7 times by no of shares offered but not app wise. As you know in cae of over subscription, we can get only 1 lot irrespective of how many applied, so allotment ration will be 4:1 in our category.
Dear Mumbaigold sir- even if GMP reduces to 200/- it is still 67% of offered price. i think this IPO can break all records.. :) all those who will get allotment can make some quick bucks.. ALl the best (y)