SH category applied : 13 lots in 3 accounts 10 lots in 1 account and 7 lots in 3 accounts Till allotment I was thing that I should apply full 13 lots in 5 accounts and 3 lots in 2 accounts and 2 lots in 1 account to get at least confined 5 lots. But guess I have got SH in all the accounts even in all 7lots accounts.
Why gmp is going down? I think ppl who got allotment are selling in grey market?
753. Nifty Singh| Link| Bookmark|
February 3, 2024 3:27:00 PM
Top Contributor (200+ Posts, 100+ Likes)
Kindly revisit the purpose of IPO proceed. Whenever there are such purposes alongwith fresh issue, the stock performs exceptionally well in future; numerous examples, can't write name due to forum norms. Here we go for BLS- company proposes to utilise the Net Proceeds towards funding the following objects: Strengthening the technology infrastructure to develop new capabilities and consolidating the existing platforms; Funding initiatives for organic growth by setting up of BLS Stores; Achieving inorganic growth through acquisitions; and General Corporate Purposes
Fully endorse your viewpoint. However, sometimes the valuations are not in sink with the IPO offered price and market will bring the same to correct levels later. Nahin?
753.2. Nifty Singh| Link| Bookmark|
February 4, 2024 1:59:19 PM
Top Contributor (200+ Posts, 100+ Likes)
752. PUSHPaa| Link| Bookmark|
February 3, 2024 4:46:05 PM
Top Contributor (200+ Posts, 100+ Likes)
Seeing all the comments most of the Share Holders r present in this forum.. Tq @Admin @ Chittorgarh.com & @newgen consultancy .. Congratulations to all the allotees 🎉.. Don't sell in pre open with Lower circuit..
What is the first hand source for getting Basis of Allotment? I have checked the websites of major registrars, Kfin Technologies, Linkintime, but am unable to locate the link for the same.
Could anyone please guide for it?
Is it also shared on SEBI and exchanges websites? Please tell where to watch for it. Please provide URLs of each websites for the same if possible.
I applied with 14 demat account under shareholder category Non allotment in 2 account . I have checked once again . Have share of BLS since 2 months . And also applied at cutoff . Write same to kfintech .
748.1. Paymzia| Link| Bookmark|
February 3, 2024 4:12:42 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Wait for BOA publication And see how they allotted
746.1. MuStrFc| Link| Bookmark|
February 3, 2024 3:18:40 PM
IPO Guru (3000+ Posts, 2400+ Likes)
14 lots in Shareholder category would have fetched you confirmed allotment, 14 lots in retail is same as 1 lot in retail which has very low chance of getting allotment
746.2. Smile✍️| Link| Bookmark|
February 3, 2024 3:32:12 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@Vijay. K Do rekyc 14 lot application with non allotment not possible Either you missed something while applying or just do rekyc
746.3. Basuvr| Link| Bookmark|
February 3, 2024 3:51:45 PM
IPO Guru (2000+ Posts, 1100+ Likes)
Here max lot in retail was 13, how did you apply 14 lots in retail? Did you apply in SH category? Do you hold BLS International on record date?
746.4. Paymzia| Link| Bookmark|
February 3, 2024 3:59:51 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Gajab hai. @Ankur Goel Happy for you. But not happy as Ragistrar and Banks not adhering to SEBI guidelines. Kisi din SEBI Kfintech ka licence na cancel ❌ kar de, like Paytm Payment Bank.
No allotment after applying 1512 shares under shareholder quota, any specific reason, I see everyone getting 1 lot under shareholder if you apply 14 lots...
Non allotment, I have BLS share from last 3 4 months, so that was not an issue.
In the application it is saying at cut off price, but when I am calculating it is 128 rs per share application.
742.5. Seth.| Link| Bookmark|
February 3, 2024 1:50:21 PM
IPO Guru (1200+ Posts, 600+ Likes)
128 is correct price for shareholders. May be bank done mistake in submission. See on kfin site , catagory is shareholder or retail . If it's retail then bank submitted in retail instead of shareholder.
742.6. Seth.| Link| Bookmark|
February 3, 2024 1:50:46 PM
IPO Guru (1200+ Posts, 600+ Likes)
So you can mail bank for compansation of their mistake.
742.7. Basuvr| Link| Bookmark|
February 3, 2024 1:58:20 PM
IPO Guru (2000+ Posts, 1100+ Likes)
@Kushagra Gupta Not possible, your application might have been considered as retail/hni. Do you anywhere see that its mentioned as Shareholder.
Being new member you will not be able to share screen shot, hence difficult to understand actual fact
@Basuvr@Seth. At kfin it is showing shareholder category ,applied 1512, alloted 0. unfortunately I can not share the screenshot over here as no attach option is here..
Can I do anything over here or reach out to someone on this to rectify.
742.9. Seth.| Link| Bookmark|
February 4, 2024 4:29:30 PM
IPO Guru (1200+ Posts, 600+ Likes)
@Kushagra Gupta If it's showing shareholders quota than check if that person have share of BLS before record date in demat account. If it's in demat account on or before 23 January than complaint to bank nodal and kfintech for compansation and if they they don't solve within months than complaint to SEBI scores or smart odr portal as below.
742.11. Ankur Goel| Link| Bookmark|
February 4, 2024 5:29:54 PM
IPO Guru (1300+ Posts, 600+ Likes)
Sometimes brokers keep client position in their pool demat account. I think, your shares were there in broker demat account due to which you were not eligible for shareholder quota.
Thanks to BLS management, the share holders category received proper allotments this time unlike other recent IPOs. Everyone received an allotment if they applied for 13 or 14 lots on a proportionate basis.
738. Rakcyt| Link| Bookmark|
February 3, 2024 12:06:20 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Happy that both 14 and 13 lot cats got allotment but confusion remains at DP end when applying didn't allow 14 while net site allowed 14 lots . Hope companies will bring more clarity in future
Agreed. Discount of Rs 7 created all the fiasco. If quota was reserved for SH, offer of discount could have been avoided. Anyways, all iz well that ends well. Many got shares and others some learning.
@CA Lokanath Mohanty Not all shareholder bro, shareholders with 14 lot applications got 163/164 shares. I think all 13 lot sh applications also got confirm 1 lot + shares. Don't have news about Sh 12,11,10,9,8,7.... Lot applicants.
I applied Sh 7 lot, received 1 lot. Please reply all.