OCTOBER IPO RALLY 1. ORIENTAL 2. NEW INDIA 3. HDFC LIFE 4. ASTER DM 5. GODREJ AGRO 6. RELIANCE NIPPON 7. FUTURE SUPPLY BIG BAZAAR 8. BHARAT 22 CPSE TYPE
I need one clarification regarding my application under HNI.
I have placed bid for Rs. 495000/- but selected price as Cut-Off instead of Rs. 250/-, even though both will be the same as issue is oversubscribed but whether my application will get rejected due to such price selection or will it be remained valid?
its not sure that he will not be allotted...if he will be lucky then he will get one lot and id he''s unlucky then he wont get ...
460.6. P M| Link| Bookmark|
September 20, 2017 6:57:27 PM
(1100+ Posts, 1100+ Likes)
There are many answers for this question
It depends on issue subscription categorywise 1. If RII category not fully subscribed will get 6 lots 2. If RII category fully subscribed, but NII category not fully subscribed & RII + NII quota is more than RII + NII subscription then also will get 6 lots 3. If RII & NII fully subscribed but not heavily oversubscribed then it depends on applications may be will get between 0-6 lots 4. If RII + NII is heavily subscribed then will get NIL or 1 lot
there are many combinations depends on subscription figures & applications.
FOR THIS IPO NIL or 1 LOT (60 shares)
459. Safe Bet| Link| Bookmark|
September 20, 2017 2:08:16 PM
Top Contributor (500+ Posts, 100+ Likes)
ANy one can suggest a suitable site which gives "BASIS OF ALLOTMENT" for IPOs at the earliest? (not allotment status of application, Only the Basis of allotment document)
What means cut off price,I fall under RII category and I had applied it through ASBA facility, I had not clicked for cut off price, but my money is blocked for 250 only,will I''ll be alloted?