You can not apply over 2L in SH category. It does not matter whether you apply in other categories or not.
215.2. Earthking| Link| Bookmark|
January 30, 2024 4:58:57 PM
IPO Guru (1300+ Posts, 500+ Likes)
One cannot apply more than 2 lakh in bls shareholder ... most of the portals too don't allow ... in hdfc and axis I could see, in bls shareholder quota , it is allowing maximum 1512 shares only ...
215.3. G profit| Link| Bookmark|
January 30, 2024 5:13:50 PM
IPO Mentor (1200+ Posts, 300+ Likes)
Mandate end date does not matter much. Mandate will be revoked or account will be debited when allotment is declared (after approx two working days from last day of ipo application)
FOR SH Category MAximun number of lots one can apply should be 14 lots only, I have checked in GROWW application you cannot submit bids at Rs 135 Rs. Considering cutoff price is 128 Rs we can apply for 14 lots which is less than 2 Lakhs. Hence go for 14 Lots under Shareholder category. Thanks
I have 2 queries. First in upstox i cant see shareholder category or hni category? Just individual is showing.. how to apply for shareholder cat and hni cat in upstox ? Second query is if i have bla shares in upstox.. can i apply in shareholder cat from sharekhan.. both demat are mine. Thanks
@IPOTraders Yes, Upstox only allowing 13 lots in SH quota, whereas Groww allows up to 14 lots in SH quota (includes Rs. 7 discount). Lot of confusion and dilemma regarding the SH quota. No shareholder email from BLS International as well.
207.3. A. Rajput| Link| Bookmark|
January 30, 2024 4:04:25 PM
Top Contributor (300+ Posts, 100+ Likes)
Yes upstox not allowing 14 lot in sh unfortunately I have demat in upstox and bank pnb which is also not allowed discount
.As per the RHP filed, a discount of Rs. 7 has been given in shareholders quota,also there is a cap of Rs. 2,00,000 in SH category. What are the maximum lots which I can apply in the shareholder category considering Rs 7 discount, in case of 14 lots the amount comes to Rs. 2,04,120 (Gross of discount), Rs. 1,93,536 (Net of discount). The maximum lot one can apply in the shareholder category is 13 lots or 14 lots?
206.1. RAT| Link| Bookmark|
January 30, 2024 4:02:06 PM
Top Contributor (300+ Posts, 100+ Likes)
U can apply 14lots in SH category ...after considering 7rs discount to SH
205. Som mca| Link| Bookmark|
January 30, 2024 2:22:03 PM
Top Contributor (300+ Posts, 200+ Likes)
Again high subscription, no chance of allotment. Better to look Budget specific stock.
In oversubscribed issue, it does not make sense to apply for more than 1 lot in retail. It is pure lottery. Let us say issue gets oversubscribed by 250 times in this particular retail portion, here the chances will be 1 out of 250 applicants will get allotment.
Unknowingly, bought BLS on 18th January and sold on 20th, debit mail received on 23rd. Is there any specific record date for SH category? Experts, will I be eligible for SH?
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👉🏻 17 times out of the total 28, market trend was negative on the budget day with the highest fall 📉 of 5.8% in 2009.
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👉🏻 On budget day nifty 50 index moves with average of 1.88%
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Few members saying applying both shni and shareholder category from same pancard number and same demat account both applications will be rejected plz give me correct answer so confused 🙏 🙏 🙏
201.2. antarix| Link| Bookmark|
January 30, 2024 3:20:53 PM
IPO Guru (1200+ Posts, 800+ Likes)
Both will be valid.
201.3. Basuvr| Link| Bookmark|
January 30, 2024 3:38:23 PM
IPO Guru (2000+ Posts, 1100+ Likes)
@Shuaibpasha If you are applying both shni and shareholder category from same pancard number and same demat account, then both will be valid, this is 101% correct
Note: Share holder application has limit of 2 lacs 🙏
Kisi ne farzi(not having Tata motors still apply) share holder me apply Kiya tha Tata tech and got allotment reply here 😆😆😆😆 Jo le nahi paye bls international unko help mil jayegi.......