experts if allotment in retail was...1 out of 7, i applied 14 lots from 14 different pans...and got 0...how its possible? no third party also. @lokes @noorul @ mr ravi and all other senor members.
Hi, it's lottery, this time you are not lucky but next time even in a heavily subscribed IPO you might get 14/14 All the very best
637.3. Prasen Ipo| Link| Bookmark|
May 5, 2022 3:09:19 PM
Top Contributor (300+ Posts, 100+ Likes)
It is luck bro . Same thing happened with me 16 application and got only one
637.4. lokes| Link| Bookmark|
May 5, 2022 3:10:25 PM
IPO Guru (4400+ Posts, 5100+ Likes)
its all about luck bhai....each application is independent on its own, they don't know all 14 applications are done by you or whom, its allocated via lottery, so 2 application from same person also can be allocated and 14 applications also may not be allocated. in lottery, each one is considered one single independent application. So it was just bad luck for you if you applied properly.
And in retail, doesn't matter you apply 1 lot in one application or 14 lots in one application, it will be counted as one application only, and both 1 lot / 14 lot are having same chances.
Well, 1/7 overall. Does not mean if you apply 7 you will get 1 for sure. There's still a 11% chance if you apply 14 you will get none. Unlucky yes, but possible.
thanks for the replies guys @lokes @prasen ipo @dukes @glueman congratulations on allotment and all the best and prayers for superb listing in campus and rainbow as well.
Guys My 5 applications in shni sbi asba are saw not record found.this problem is only shni category in sbi asba not in retail. Now we cannot do anything? Who is responsible for this god knows.
625. Kal.Atar| Link| Bookmark|
May 5, 2022 3:22:18 PM
IPO Guru (1000+ Posts, 700+ Likes)
Those who are unable to check please check balance in your bank app, since I did not receive any intimation sms but when checked my union account, found funds released in my 2 shni app ,only 1 retail upi response is pending (i am never very enthusiastic with this LIT RTA).
I have applied through Kotak ASBA and amount got debited in SHNI and got a mail as well that shares got alloted but still Link intime displays 'Record Not Found'. Not sure why many people are facing same issue.