Hello, I have applied for 1 lot and application number is also generated but lien marking of fund is in "schedule status" and not successful in SBI Bank. What should i do? Should i apply again or wait till cut-off time of SBI which is 2pm. Need help on this.
help out maine AXIS net bank se Dmart k liye 4lot apply kiye hai.. but 200qty at 299 p bid kiya hai.. muje single single lot apply krna achha rehta ya direct 200 qty ??? plz help
200 qty means 200 shares k liye 1 hi damt se apply kiya hai status ( 59800 blocked aa raha hai sab ref no app no mil gaya hai > bas yeh confirm krna hai k 50 50 50 aise kr k applya krta to accha hota ya 1hi bar me 200 kiya ye b chalta hai ??
Either ways it is the same, it makes no difference as you have applied from same DMAT and PAN. If it was for different PAN and DMAT account then 1 lot per PAN/DMAT would be benefical.
4.43lac applicants will get firm 50 shares by lottery to cover retail quota , so one should take chance by applying for 50 shares as it is expected for app 12 Lac applications in retail
are you any knowledge about share bazar it already 10 lacs application till date and you are saying 12 lacs application in retail portion what a joke by you
Where cud we get number of applications information? Till now, BSE/NSE show only the Total number of shares subscribed for which is 10cr compared to 2+cr shares..
Mr Anirudh ,I am lay man in share market with very little knowledge of same. You could not understand "it is expected app 12 Lac application in retail"
i bought NECC on 03/03/2017 at 61.30. at that time NECC deleiverable volume 100 % no intraday possible. from 07 march deleiverable volume 26%,63%,66%. why deliverable volume lower than 100 % from 07 march. shall i hold or sell?
If Retail investor subscription is 1 time and if 50 shares is the lot, then minimum of 50shares needs to be given and hence allotment probability is 1/50 (1 in 50 people would get 50 shares). BSE website shows retail category has been oversubscribed 4+times. That means probability of allotment : 1/(50x4) (1 in 200 would get it). So if you applied in retail category, dont look or worry till 20th and if you get it, thats a bonus.
Totally wrong calculation Mr Praveen N: If subscription is only 1X time, then all will get what ever lots they applied it means 100% allotment. If the subscription is 4X times, minimum 1 out of 4 applicants will get...
787.3. nicks Jain| Link| Bookmark|
March 10, 2017 9:09:28 AM
IPO Mentor (700+ Posts, 900+ Likes)
Correct. Ignore my earlier message. Its the number of shares subscribed, got it. That cud be (TotalSharesReservedForRetail N(2,21,86,441) divided by 13*50 ) (34,132) number applications (subscribing for 13lots) or N/50 (4,43,728)number of applications (subscribing to 1 lot) or any combination between these number of applications. Where do we get the information on number of applications in retail segment?
786. Bhav| Link| Bookmark|
March 10, 2017 9:02:20 AM
Top Contributor (400+ Posts, 100+ Likes)
Can anyone tell me how allotment in HNI done?
786.1. Septa| Link| Bookmark|
March 10, 2017 9:10:24 AM
(4000+ Posts, 4600+ Likes)
it will be done by pro rata allotment based on how many time s the issue is oversubscribe with 50 a lot size say the issue in HNI is oversubscribed 100 times so all those applied over 100 lot will get at least one lot or more based on number of lot applied. those applied below 100 lot will be given a single lot in lottery base based both lottery and pro rata
i bought NECC on 03/03/2017 at 61.30. at that time NECC deleiverable volume 100 % no intraday possible. from 07 march deleiverable volume 26%,63%,66%. why deliverable volume lower than 100 % from 07 march. shall i hold or sell?
Can someone please guide me , where are better chances to get shares allotted in retail or HNI category. I am trying to see if I put 2Lakh in retail vs 10L in HNI , where do I have better chances to get allotment ?
The HNI portion is expected to oversubscribe by 400 times. You get allotment according to the ratio. So the minimum amount you need to apply for one lot is : 14950*400 = around 60 lakh. So at 10 lakh HNI the allotment would be zero.
In that case you would stand better chance in applying only one lot of Rs. 14950/- in Retailer, no use of even applying for 2 lakh.
780.2. rsk| Link| Bookmark|
March 10, 2017 8:46:45 AM
IPO Mentor (600+ Posts, 300+ Likes)
HNI would be < 150, else its loss for HNIs. Also issue is relatively big.
Hi, I have applied for D mart IPO on 1st day using ASBA Service of SBI bank but haven''t received mail or message of confirmation. Same happend with me for BSE ipo as well and on last day at late hours i receive msg/mail for confirmation my application but no allotment. Is this happening with others too or any problem with my broker or bank?
in the net banking of SBI, in ipo history you will get ur application. Copy the application no from there starting from 0E....N chk in Bse website http://www.bseindia.com/investors/appli_check.aspx for the bid status.
Voila!!! The same happened to me with kotak securities. Although its a general practice that all the applications are confirmed at once post the ipo closure date @11:00 Pm on the last day, Howevever no allocation seriously makes one feel disheartened even after applying on the first day of issue opening!!!
U need to chk ur demat no n pan. It will execute even on wrong demat n pan as it does not know whether it''s yours or not. Chk ur application status on Bse or NSE to confirm
After entering application no and PAN no, I see same details in Bidding Details table. I can also see applied share qty and price. But dont see Bid ID. I hope my application is valid one.
.. to add in my prev post, when I open the Order details from my ICICI ASBA, I see the Status as Accepted for the Bid 1. Does this mean application is valid and accepted/considered?