157.1. ipo stonks| Link| Bookmark|
April 26, 2022 7:50:05 PM
Top Contributor (200+ Posts, 200+ Likes)
Apply for 68 lots in fathers account in big HNI. And if possible arrange for 12 more lots and apply in mothers account also in big HNI. And if you are not able to arrange those 12 additional lots money apply for 14 lots in small HNI in mothers account. Rest funds can be used to apply in small HNI for more accounts or for other IPO.
@vishnu.. any particular reason to apply for 124 lots or it is just available funds. My suggestion to apply for the 67 lots from one account and 14 lots from second.
earlier,i am applied in ipo using differnent pan around 18-20and using the same UPI id, can anyone help me now which process we should use to apply using the same bank or upi.and application sholud be submitted in a successful process.
But its wrote maximum 13 lots so i applied for 13 so from that 13 i will get only 1 lot if i am lucky?
153.3. Prasen Ipo| Link| Bookmark|
April 26, 2022 5:32:37 PM
Top Contributor (300+ Posts, 100+ Likes)
#Aakash patil This ipo already oversubscribed that's why allotment based on lottery . You subscribe one lot or 14 lot . You can get maximum one lot in lottery.
some banks will not unblock fund even you cancel application, for unblock you need to wait 3-5 days, so better modify application from 13 lots to 14 lots as suggested by krupa. But once you changed to 14 lots then it will be HNI application and then if incase you want to cancel then you can't cancel.
if you still want to go for retail then cancel and apply again is the option left.
@krupa @Kdking I can modify or cancel as you say but i am afraid If i increase 1 quantity and it come in HNi will i get any problem as i am not Hni i am a small retail with limited funds please sanga mala🙏🙏
HNI application madhe tula 14 lots milatil jar application select zhale tar. Retail che je tu already 13 lots che apply kele ahe, jar tula fund cha kahi issue nasel tar je apply kele ahe te tasech rahude, retail application select zhale tar tula 1 lot milel.
At tu tharav kai karayche te, dont think about hni and you are retail investor. normal retailer pan HNI madhe apply karu shakato.
Tula 1 lot allotment pahije ki 14 lots(both lucky draw madhe milel jar application select zhale tar) 1 lot sathi je apply kele ahe te tasech rahude or cancel karun apply kar 1 lot only new application, 14 lots sathi modify kar from 13 to 14.
@ Aakash patil If u cancel your application may be your money unblock after 4/5 days so there is no use of that fund Agar 14 lots mila to don't worry in this ipo(lottery lag jayegi) Ye ipo up hi open hoga
@Mr Patil If you are applying through UPI on Angel one or other broker, you can apply only in retail category and hence for a max of 13 lots. But it doesn't make sense to apply for more than 1 lot in retail category as you can see retail portion is already oversubscribed and now the max you can get is 1 lot that too through a lottery. If you can, then modify your application to 1 lot. If not, cancel it n apply through ASBA for 14 lots. There again it will be a lottery but you will have a chance to get all 14 lots allotted. N no, you won't have any problem applying in HNI category. If you have the money, you can apply in HNI. There won't be any issues.
Pls tell me whether Indian or Axis bank allow 5 applications through ASBA.PLS
146. Imhilli| Link| Bookmark|
April 26, 2022 10:29:25 PM
IPO Guru (1200+ Posts, 700+ Likes)
There were lot of discussions on small HNI and large HNI rules expected after 1st April due to change in SEBI rules.5% quota for small HNI of investment upto 10lakh. But how check the subscription figure of small and large HNI? As of now chittorgarh site is showing only one HNI category.