Applied for ipo through RSEC via upiid No money was blocked. Today got message from NSE tbat says shares 12, price 999999.99 and bid amt 14760. No one could explain what is this price of 999999.99 and why no money was blocked from my account. Can anybody help
Good Morning Madam Therefore going by the last subscription status ( I think we should track application-wise i.e. 4.14 X), can you please comment on what is the possibility of retail allotment if someone has applied for 1 lot? This considering the fact that no additional cushion is available for RII from Employee quota as the latter got subscribed 1.16X share-wise..... BTW can you find out the level of subscription in Employee Quota Application-wise....if it is less than 1 then RII can ger some additional quota... Your predictions are more or less accurate and logical hence taking your view Regards
336.5. Adp| Link| Bookmark|
September 24, 2020 9:29:33 PM
Top Contributor (500+ Posts, 100+ Likes)
Look how route is performing same will happen to cams it is good for longterm as there are no competitors we know about karvy leave it as peers...Today market fall doesn't reflect as listing date is on next wed too much time will see markets at that time....
I have applied through axis Bank ASBA yesterday, but it was showing application under process and amount not blocked. So I made by sharekhan UPI and approved mandate. The amount blocked through UPI. But today ma bank ASBA showing application approved by exchange and it has blocked the amount. So twice amount blocked by 1-upi mode and 2- ASBA mode. So I want to know whether my application will be rejected or not. Pan is same. It's cams ipo
327.2. Maximizer| Link| Bookmark|
September 24, 2020 1:19:24 PM
Top Contributor (200+ Posts, 100+ Likes)
It takes some time to block the amount, because bank servers may go down (as happened yesterday to me in UPI mode). Before placing second attempt, always inquire with the customer care of bank and broker to know the application / transaction status. If you attempt another placing while the previous one is under process, then you have to face the rejection like this!
Both app amount will release once allottement is done..you have to wait now...no any option.. You should not made 2nd application with same pan card...
I also faced same type of issue last time in happiest mind ipo....so this time I applied via BoB net banking...
There r lots of issue via UPI... Specially if u r giving Google pay id...if it's fail then we have to reach out to bank n broker to resend the mandate... Bakwas hai upi mandate...
Can any Body enlightens me that at what time it is stopped in ASBA Process on the last day , As Today When I tried to apply at 14.30 hrs. , I saw its name missing in Kotak Securities
Strange , this Closing time is different for every Bank or Depositories , It must be Mentioned Somewhere , Where we Apply . It is no where clearly mentioned in the IPO highlights
323.4. Ankur Goel| Link| Bookmark|
September 24, 2020 10:59:28 AM
IPO Guru (1300+ Posts, 600+ Likes)
@Vijay, it is bank's responsibility to mention cut off time. You will get this information at every bank's asba page. You will find it anywhere else.
This issue is subscriber 6 times under retail category. That means those who applied 72 shares and above will get minimum 12 shares in retail category? Am I am right?