Cause under new Rules It's Via lottery for above 10 lakh. Earlier Calculation of proportional allotment no longer applicable. Hence in oversubscribed ipo in HNI category better to do the minimum 10 lakh only.
I have applied for 2142 shares (42 lots) under HNI category but not got single lot When allotment is on proportionate basis in HNI and hni category subscribed by 22.2 times. May I know the basis of allotment for HNI category please.
new rules for HNI have kicked in from 1st April 22. Under that Small HNI (2 to 10 lac appl) and Big HNI ( above 10 lacs) categories created. in these categories allotment similar to that which is in retail i.e min lot of HNI ( 2 lacs) if oversubscribed.
This Listing on 9 the last day of LIC and With Market in current Situation.. and with too many newbees around. Let's just hope There Would be No Panic Selling or bulk selling by any big fish....
Markets getting managed For LIC But for How Long. Going to reduce my Risk in LIC if everything seems right will buy more after listing
From Whatever I have Noticed In Highly Subscribed IPO's New Accounts Don't get Allotments.. Every Time Got Allotment in my primary old account only.. this time Too. Correct me if im wrong Have any of you Got any Allotments in your new Account that you created With Different PAN's Obviously
688.1. Bullrunner| Link| Bookmark|
May 5, 2022 9:50:34 PM
Top Contributor (400+ Posts, 100+ Likes)
@bullrunner What Method You Utilise How You Apply Is it Just Asba from one Source or ASBA from Different Bank Account. Or a mix of Multiple ASBA and UPI's It will be Helpful
It happens. Loads of patience needed. We can maximum be allotted with 5-10 IPOs a year.
Keep applying. Almost easy n free money
683.2. Kal.Atar| Link| Bookmark|
May 5, 2022 9:06:06 PM
IPO Guru (1000+ Posts, 700+ Likes)
Mix it.. sometime apply by asba, sometimes by different upi ids (from gpay 5 ids possible , phonepe, bhim etc etc), if possible use different brokers demat (prostocks, zerodha etc etc). See if it works for you or not..