226.5. Paymzia| Link| Bookmark|
December 4, 2020 9:42:43 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Even if you have one account apply one lot only. If you want apply HNI/NII , you need huge capital, If you want apply 13 lots or one lot in retail is same there is no change . Over subscribing so perlu luck basis for this IPO
Need your help. Scenario-1: I apply single application for 1 lot (i.e. block 15000) Scenario-2: I apply single application for 4 lots (i.e. block 60000)
Does scenario two has more chance of allotment than scenario one, or is the probability same since issue is oversubscribed by retail investors? Thanks
In retail category subscription more than 1 time, the allotment is decided through lottery and only one lot is allotted irrespective of application of even full 2 lakh rupees. So apply only one lot at cutoff price in this IPO. More than one lot, you are blocking money in your bank account.
Last two days, SBI ASBA is not working perfectly. IPO application filed on 2nd Dec after 2 PM, reflected on 3rd Dec morning hours. Same thing for application filed on 3rd Dec, will reflect today. Despite this on 2nd day, Retail subscription at 38 times. Today it will surely cross more than 50 times. Allotment purely by luck.
I can't find my bank a/c (SCSB) in PNB online (netpnb login) while apply the IPO. So, I removed from the login and logged out by the system each time when I am trying to submit the IPO application. If anybody have its solution, please suggest me.
But 2L of bid can't make me get a lot until it is subscribed 14 times in hni category, which is impossible???
211. Arunblr| Link| Bookmark|
December 3, 2020 8:14:35 PM
Top Contributor (400+ Posts, 100+ Likes)
Dear Sir/Madam. This is bring your kind notice that SBI net banking is migrating from www.onlinesbi.com to www.onlinesbi,sbi. that's why we are facing since yesterday. Please don't wait till tomorrow. Apply immediately.