436.2. Lokesh Chiru| Link| Bookmark|
December 10, 2020 9:49:00 AM
Top Contributor (400+ Posts, 200+ Likes)
Only 1 application as I have applied in HNI quota. In HNI quota allotment is on proportionate basis unlike Retail where it is lottery in case of over subscription IPOs.
436.3. Mr. Singh| Link| Bookmark|
December 10, 2020 9:56:11 AM
IPO Mentor (700 Posts, 400+ Likes)
436.5. Johny| Link| Bookmark|
December 10, 2020 10:33:56 AM
IPO Mentor (700+ Posts, 1000+ Likes)
Lokesh You must have applied Rs. 80Lakh+/533+ lots that's why you got allotment. Anyone who applied below 355 lots will get based on lottery. Retail have misconception that because HNI is proportionate everyone in HNI gets allotment (of some shares at least) which is incorrect.
436.6. Lokesh Chiru| Link| Bookmark|
December 10, 2020 10:34:20 AM
Top Contributor (400+ Posts, 200+ Likes)
@BLR 535 lots
436.7. Lokesh Chiru| Link| Bookmark|
December 10, 2020 10:35:37 AM
Top Contributor (400+ Posts, 200+ Likes)
Few minutes ago I got message saying that 15000 on hold removed and debited, and when I checked the statement its showing 15000 debit probably I got 1 lot allotment. Before you ask Its SBI And I applied through Zerodha.
Congratulations, 3 of my applications are from SBI bank and zeodha platform, no one has yet received Debit msg, still hoping for the best after official announcement.
433. sdz| Link| Bookmark|
December 8, 2020 7:18:23 PM
IPO Guru (1000+ Posts, 500+ Likes)
Applied 180 lots (45,000shares) in HNI category. Will i get 45,000/355=126shares or Nil?
433.1. lekker| Link| Bookmark|
December 8, 2020 8:03:38 PM
IPO Guru (1300+ Posts, 2000+ Likes)
You have chance of 51% of allotment of 1 lot (250 shares) So NIL or 1 Lot.
433.2. Kapil Gro| Link| Bookmark|
December 8, 2020 9:34:38 PM
Top Contributor (300+ Posts, 100+ Likes)
May be divide by 355 may be less due to cancellation of incomplete application of any otherwise NII catgories will be alloted as per proportinate rule as you write is correct
433.3. sdz| Link| Bookmark|
December 8, 2020 10:20:36 PM
IPO Guru (1000+ Posts, 500+ Likes)
Ok Thank you. This is first time i applied in HNI category and so not sure about allocation on proportionate basis means minimum 1 lot by lottery or just divide shares applied divided by oversubscription num. Will get clarified tmw. Can we simultaneously apply both in HNI and Retail?
433.4. Scrip| Link| Bookmark|
December 9, 2020 12:04:08 AM
Top Contributor (400+ Posts, 200+ Likes)
Either in HNI or Retail
433.5. SANJEEV SOOD| Link| Bookmark|
December 9, 2020 12:24:00 PM
Top Contributor (300+ Posts, 100+ Likes)
354 Lots would have made you alligible for "one lot firm allotmnt in HNI" , appx 52 Lac worth application.
433.6. sdz| Link| Bookmark|
December 10, 2020 10:25:47 AM
IPO Guru (1000+ Posts, 500+ Likes)
Got 1 lot 250shares allotted in 1 NII account out of 180lots each in 2 different NII accounts. So now got clarity that even in NII category it is minimum 1lot allotment though proportional basis. I got 1lot in 1 account through lottery only. Thought i will get 125shares each for 180lots. Minimum 355lots needed for guaranteed 1 lot