Got 1/2. Last SME allotment was Global PET. That was an underdog (darkhorse) IPO. I will keep it for long at least till result, then will decide, what to do. All E tech, it's peer company, did not do well initially but now it's performing well. (Just my view. Not a recommendation to sell or buy, take your decision as per your SEBI registered financial advisor).
55. Arun Jindal| Link| Bookmark|
October 7, 2023 10:07:53 AM
Top Contributor (400+ Posts, 100+ Likes)
Thus I applied for 36 lots got zero surprising it is
54. Arun Jindal| Link| Bookmark|
October 7, 2023 9:55:08 AM
Top Contributor (400+ Posts, 100+ Likes)
I had send nine applications for 16000 shares each but I have got zero allotment. It was subscribed 14 times in HNI category. It has really surprised me. Any senior Pl comment.
53. BLUE WHALE| Link| Bookmark|
October 7, 2023 8:28:08 AM
Top Contributor (400+ Posts, 200+ Likes)
wishing a surprise listing. current gmp is 4-5.....expecting to list at least double than current gmp.
When you apply so many in HNI category, are funds lying in your sweep-in? Have you ever been allotted ipo using sweep-in funds?
46.2. G profit| Link| Bookmark|
October 7, 2023 12:06:58 AM
IPO Mentor (1200+ Posts, 300+ Likes)
@AjjuGarib Kindly note that exchange does not differentiate between direct fund from our savings account or whether it comes from sweepin account. It is the duty of the bank to block funds and pay when shares are allocated in ipo. So pls donot worry regarding this matter. Just keep applying for good ipos whether from savings account or sweep in account. Best of luck
@G profit Thanks for your response. However I read that the application through Sweepin funds is considered invalid. Can you confirm to me if you were allotted any ipo in last 1 year where sweep-in amount was debited? If yes , which bank you used?
I have a current account with kotak activmoney facility (sweep-in facility). I have several instances where upon allotment of an IPO, money from sweep-in FD was paid.