I have applied for 55.40 lacs but got allotment of only 2 lacs. As per my understanding I should have allotted 4lacs worth of shares.. can anyone explain me how allotment works in BHNI ?
@RPM Your application falls under BHNi category. And in mainboard IPOs for HNI category it is not proportional allotment anymore when oversubscribed and in lottery maximum allotment is 14 lots ( in 2 lakh range) Your application now falls under BHNI lottery so 2 lakh worth of shares allotted.
Minimum application for BHNI is 64 lots (₹1007760). If oversubscribed the allotment chances are almost same across all lot categories and if you have multiple accounts apply for lots just above 10L ( in most cases 64 lots)
10L or 27 L or 56 application all goes to lottery allotment is only for 2L
Apply maximum 10lk work shares from single pan. So for better allotment with 55lk, apply 5 BHNI (10lk * 5 application) and 2 SHNI (2lk * 2 application).
406.13. ipo share| Link| Bookmark|
April 12, 2024 11:43:35 AM
IPO Guru (1500+ Posts, 700+ Likes)
@Arjun Rajkot Ji, you are almost spot on. Great prediction in advance when nobody else even thought of such listing price. Thanks a lot for your great work. Please keep posting your comments on regular basis 👍🙏
406.14. Rakcyt| Link| Bookmark|
April 12, 2024 11:44:39 AM
IPO Guru (1200+ Posts, 1200+ Likes)
@Tejas Pandya Have you booked ticket to Bangkok for all your frndsfor 19 days stay .....pls don't forget 😄😄
@Rakcyt Yes, not delaying 😉 BTW, holding your positions or booked? Udhaar khata is waiting for entry 😃
406.22. Rakcyt| Link| Bookmark|
April 12, 2024 12:58:05 PM
IPO Guru (1200+ Posts, 1200+ Likes)
@Chhote Lal Got only 1 lot , sold 164 @ 800 average ...given sell order for anthrr 50 @ 879/- , if not today then Monday for sure .Will keep 150 for few long
@Shri Bappa Appreciate karne ka kaam me sabse pehle karta hu.. please check comment no.806.16..👍🏼 @Rakcyt How did you read my mind?? Just booked tickets for Kashi mathura..😁
406.28. Rakcyt| Link| Bookmark|
April 12, 2024 2:55:19 PM
IPO Guru (1200+ Posts, 1200+ Likes)
@Tejas Pandya It's so normal to guess it . We in North go for big party even for smallest of gains while you guys ( in good sense) go for Pilgrimage . That's the basic difference 😄😄
@Rakcyt उसका chhitorgarh फोरम से दूर दूर का कोई लेना देना नही है तभी तो हिम्मत की ऐसा लिखने की.. और बात रही धार्मिक मैसेज की तो उससे तो शक हो जायेगा क्यों की अभी धार्मिक मैसेज वाली उम्र नही है मेरी.. खेलने कूदने के दिन है मेरे अभी..😅 @Shri Bappa हां बहोत कुछ सीख सकता है वो मुझसे इस मामले में ..😉
406.33. Rakcyt| Link| Bookmark|
April 12, 2024 7:33:14 PM
IPO Guru (1200+ Posts, 1200+ Likes)
@Tejas Pandya Good 😊 On a serious note one can visit Thailand alone as well as with family and all can enjoy equally. Been multiple times through Star Cruise , alone and with wife too . Spend the money out of part of one "petti" 😄😄and visit Karaibi, Kata and PhiPhi with wife . Wonderful scenic picturesque beauty you won't find in Goa or Thiruvananthapuram beaches .😊😊
405. Nothing New| Link| Bookmark|
April 8, 2024 11:09:32 PM
Top Contributor (600+ Posts, 100+ Likes)
No message or debit up until now. Means no allotment by Kfin again. Correct?
People have started receiving bse sms now so wait it will take time to deliver that everyone.
405.10. MuStrFc| Link| Bookmark|
April 8, 2024 11:31:29 PM
IPO Guru (1800+ Posts, 1000+ Likes)
@sunil surat When typing a new reply or message, look for message icon on top right next to your username. Click on that and you will see all of your messages there. Disable the message from there and post again after edits if needed.
Ab tak ke forum members ke msg dekhke to lagta hai ki SBI & Axis walo ko preferential allotment mila hai... Lead managers ka biased approach... I have also told this type biased allotment/unblock early by Lead manager in past one issue also... Many members will counter my view telling that other 3 LM also there, but atleast SBI & Axis walo ki to lottery lagi na...
@ROAR At least Bank account can make you early bird. And if u have both bank & demat and still not allotted then you are unluckiest person.
In reality, looking msg of members, only SBI/Axis walo ko hi allotment mila hai ya to unka fund unblock bhi ho gaya. Then why many other banks not unblocked?
400.4. Bullrunner| Link| Bookmark|
April 8, 2024 10:38:32 PM
Top Contributor (400+ Posts, 100+ Likes)
@Wolf hunter Sebi se kuchh nahi hoga. Motabhai ko bolo ED valo ko bheje.
Just for idea, i can not see any allotment status or debit of fund or unblock of funds , jn AXIS ASBA ? , SO am missing something as @VIPVIP Is telling, can anyone help?
@VIPVIP I saw a few msgs stating SBI ASBA funds unblocked too so can't say for sure. But for debit/unblock only by these banks, it varies or maybe something implicit. I applied through SBI UPI but still didn't get any debit/unblock notification
In an issue oversubscribed 2/3 time I got zero allotment out of my nine applications. And in the very issue oversubscribed by around 500 times I got one lot so I think it is matter of luck we really can’t blame anyone but we remorse or smile on our luck only.
395. Bullrunner| Link| Bookmark|
April 8, 2024 10:23:41 PM
Top Contributor (400+ Posts, 100+ Likes)
Got 1 HNI lot in sbi asba. Kotak and bob still waiting.