Linkintime rejecting 3rd party applications applied through indus asba. I applied 3 application through indus asba and they rejected all applications applied through indus asba
This has reference to your email query, in the recently concluded IPO.
Your application is rejected on technical grounds / or by your banker under the reason code “THIRD PARTY APPLICATION”.
In case you require any further clarifications, kindly take up the matter with your broker through whom you placed your bid or with your Bank (in case of bank rejections).
Regards,
Primary Market- IRC | Link Intime India Pvt. Ltd. Phone: +91 22 49186200| Fax: +91 22 49186195
I have got 4 application in SBI ASBA via yono app , 4 application in Axis ASBA and 1 application via self UPI.
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May 7, 2022 7:17:15 PM
Top Contributor (400+ Posts, 100+ Likes)
Very very bad luck for campus : BHNI : applied 93 lot from self account. But allotment is nil. shall I complain to SEBI ? SHNI : applied 23 lots from self account. But Nil allotment. Retail : 0/ 5 In nutshell : not a single lot allotment after blocking approx. 17-18 lakh.. In Rainbow 100% allotment in retail including third party Axis ASBA : 7/7 Pl advice or comments. Regards
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Applied for 8568 shares in HNI category and did not get even a single share. As I understand it should have been proportionate allotment & I should have got around 385, anyone knows why or how this can happen?
Check the below link for BOA.... it's not uploaded yet but will be posted soon. Maybe that will solve your query, my best guess is that your application is around 25 lacs so you are in big hni category and basis of allotment for big hni will be higher that your applied lots.
1st April 2022 se HNI category ke liye new rules implement huve hai. Aap chahe 14 lots apply karo ya 14000 lots apply karo aapko milenge only 14 lots voh bhi agar aap lucky ho to. ( In case of over subscription ). No more proportionate rule in HNI.
@ Girisha Note : As Per BOA Application Wise OS: BHNI : 2.81x SHNI: 12.4x Retail: 5.5x
As per BOA Total OS: BHNI: 25.91x SHNI: 13.91x Retail: 6.47x
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May 9, 2022 5:51:48 AM
Top Contributor (300+ Posts, 300+ Likes)
@Harsh Stock Expert Good observation. Actually I had erred in one of previous posts that BHNI applications may not multiply getting split into just above threshold of 10lakhs plus. A quick analysis on BOA of BHNI one will see,
From the sample applications provided , those who applied 3468 shares with 16524 applications got 21:58 ratio,(36%) those who applied 4029 shares with 2 applications got 1:2 ratio, (50%) those who applied 34170 shares with 5 applications got 1:3 ratio,(33%) those who applied 51357 shares with 5 applications got 2:5 ratio,(40%) those who applied 10200 shares with 4 applications got 1:4 ratio,(25%)
Barring one case of 4029 shares, those applying and falling in slot of limited number of applicants, allotment chances reduced in spite of average ratio 21:58 (36%) threshold level just above 10 lakhs. It is better to be in a pool of large number of applicants for equitable chances as such data is available only post IPO.
Let @Lokesh do his usual analysis and present more..
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May 7, 2022 9:54:21 AM
IPO Mentor (700+ Posts, 400+ Likes)
plz share campus listing day strategy what u guys think on its listing price ?! US market is also recovered not much though but yea @lokes,@mravi,@K tar and many others too??!
Ok folks ...Allotment done ... Now the big Question is Subscription times in BHNI & SHNI... BHNI seems around 10x since many have got 1/ 2 applications in BHNI. What about SHNI? Coming around 50x.... BOA awaited...