You need to calculate using probability theory. Chances of all 5 are allotted. 4 are allotted. 3 are allotted. 2 are allotted. 1 is allotted. Chances that atleast one is allotted is 1-Chances of nil allotment in all the five. Chances of nil allotment in all five: =(288/289) to the power of 5 Do the rest of the calculation yourself.
One can not calculate, as it will depend on how many applications are submitted with 44 lots out of total applications in SHNI category Then ratio for 44 lots application calculated, as per ratio allotment given to selected application by lottery basis
Off topic: Can experts kindly say, why there's price difference of NOVA AGRI in BSE and NSE and the difference is a whopping Rs. 1.2 per share. In that case anyone can purchase in bulk from NSE and sell it in bse , say next day, and make huge profit.
@JOYS Nova Agritech counter is hitting circuits. Difference in share price at NSE and BSE formed in first day of listing became base for determining this 5% circuit and is continuing. When share moves in circuits, it will not give trading opportunity and anyone thinking of making money on account of price difference between two exchanges will either not get chance to enter or to exit. Be careful.
In NSE share is at upper circuit . There are already buy orders for more than 96 lakh shares at upper circuit price but there is no seller. How will you buy in bulk?
Well, on a more serious note, it all depends on whims and fancies of registrar. In this case, KFin tech may declare results as early as 8 pm or even as early as 5 am tomorrow.
Good Luck 🤞
449. Som mca| Link| Bookmark|
February 2, 2024 2:41:44 PM
Top Contributor (300+ Posts, 200+ Likes)
Secondary market are very bullish, can give some more return, don’t sale your holding for upcoming IPO. A bird in the hand is worth two in the bush.. Take your own decision
@ADP Harsha Engg was listed at 330 during Sept 2022 and currently available at 400. It's 52 W high is 494 and low is 309. Suggest wait for its quarterly results due on 8th Feb to catch any possible trigger for its movement.
447. BLUE WHALE| Link| Bookmark|
February 2, 2024 8:33:02 AM
Top Contributor (400+ Posts, 200+ Likes)
@Binni ICICI has been creating this confusion. Look for Amount Debited in place of Amount Blocked message. You will be lucky if you get Amount debited message from ICICI. All the Best 👍
444.1. MuStrFc| Link| Bookmark|
February 2, 2024 12:51:38 PM
IPO Guru (3000+ Posts, 2400+ Likes)
Erroneous mandates of UPI will only get cancelled on their own when the BOA is released and when the banks get instructions to act upon them, until then we can't cancel or revoke the mandates on our own.
@MuStrFc@Vimal Garodia Thanks for your response. I had applied 3 applications using same UPI ID (all third party due to last minute fund adjustments) 2 mandates got cancelled on their own, for third one cancellation failed.
442. Smile✍️| Link| Bookmark|
February 2, 2024 9:02:16 AM
IPO Guru (1800+ Posts, 1100+ Likes)
From last 5-6 days was hurry due to medical emergency of family member. Nothing serious has been discharged from hospital yesterday and absolutely fine now. Given time to family which is my first priority. At the same time performed second "Karma" of applying BLS IPO. We have control our emotions. Mandates were accepted after ready of discharge paper confirming funds. In that situation applyed 12 SH and 13 RII applications. Shared to all for managing proper ratio of "kartavya".
Happy to hear that family is first . Have a great day sir.
442.6. Seth.| Link| Bookmark|
February 2, 2024 12:24:17 PM
IPO Guru (1200+ Posts, 600+ Likes)
Exactly same happened with me last week, I can feel your pain😭 My mother mate accident and I was admitting her for oparation , now she discharged with plaster in hand. That time 3 IPOs closing and I applied after admitting her in 10 minutes what application I could as my dedication to apply IPOs and then continued with treatment and care of my mother...
Very difficult to get allotment here , haven’t received any mainboard IPO after INOX. Too much liquidity driving Oversubscription specially by Big players. 😞
@DSGROW Kya hi kar sakte he, I haven't received any allotment after CELLO WORLD
441.3. Chhote Lal| Link| Bookmark|
February 2, 2024 10:18:06 AM
IPO Mentor (6100+ Posts, 4600+ Likes)
@DSGROW Hello, yes participation is on rise in all categories. But some entities are playing fowl too. You may be aware of recent news where Sebi is probing cases of mule accounts and inflated IPO applications which are meant to jack up share sale subscription numbers. As such also, every oversubscribed issue is a lottery and only lucky ones gain. Also, few get struck in not so good counters. Lets keep trying. You never know when the lady luck will shine upon. Good Wishes to all the serious applicants !
Please guide, Which brokers allows to sell (SME) ipo in pre open market. And also apply SME IPO using UPI. I'm using Groww it does not have both facilities....
440.1. UjwalG| Link| Bookmark|
February 2, 2024 11:51:48 AM
IPO Guru (1300+ Posts, 600+ Likes)
Out of topic question need help Actually i was trying to transfer shares from groww demat to angel one demat through cdsl easiest but everytime it is show transaction ready for dp authorization but groww is not authorizing the transaction and it is getting expired every day anyone know how to resolve this issue pls help🙏🙏🙏🙏🙏
439.1. Chhote Lal| Link| Bookmark|
February 2, 2024 11:07:08 AM
IPO Mentor (6100+ Posts, 4600+ Likes)
If you are not too much bothered about DP charges and taxation issues, sell these shares from Groww and in next one/two days buy the same from you Angel a/c.
439.2. A. Rajput| Link| Bookmark|
February 2, 2024 11:17:52 AM
Top Contributor (300+ Posts, 100+ Likes)
@Userrrrr It failed maybe due to insufficient fund in trading account.please add 25-30 rs in trading account and place new transfer request your share transfer on next working day.
i have experienced same problem in zerodha i think you have only done transaction after adding trusted account but you have to also do BO linking in transaction tab of cdsl there is also an article of zerodha the same process is shown there too if you still have issue ask me
439.4. UjwalG| Link| Bookmark|
February 2, 2024 11:51:14 AM
IPO Guru (1300+ Posts, 600+ Likes)
@Userrrrr I know exactly why its getting rejected. Transfer the shares again and then create a ticket with groww saying i need to transfer pls approve. They will approve from their end and it will be done next day. The broker has to approve the transfer otherwise it gets rejected. Cheers
Mujhe 1 question puchna tha , mere PAN card aur Bank account me surname pehle aur name badme hai lekin mere Demat account me name pehle aur surname badme hai toh kya is sea application ka rejection ho sakta hai?
438.1. A. Rajput| Link| Bookmark|
February 2, 2024 9:54:31 AM
Top Contributor (300+ Posts, 100+ Likes)
Don't worry your application will be Valid
438.2. Chhote Lal| Link| Bookmark|
February 2, 2024 10:11:03 AM
IPO Mentor (6100+ Posts, 4600+ Likes)
@Scube Not sure if this could be reason for non-acceptance. However, You must get the same corrected so that the sequence of name and surname is identical everywhere (PAN, Bank, Aadhar, Demat etc.)
438.3. A. Rajput| Link| Bookmark|
February 2, 2024 11:00:59 AM
Top Contributor (300+ Posts, 100+ Likes)
@ScubeMy brother's bank and demat account has different name but he is getting allotment in many ipo recently recieved in tata tech under sh quota so don't worry.
438.4. Seth.| Link| Bookmark|
February 2, 2024 11:13:28 AM
IPO Guru (1200+ Posts, 600+ Likes)
I also have same issue but after research I found that only Pan number matters and your name should be 80% correct. So it is good to go for you don't worry