Hello, I have applied one lot from BOB amount blocked is also 15K, But issue is i have received mail from BSE is one application with two different BIDS (60+60),So i need to know is RTA will considered such application as single lot or double lot.
one more issue , 2 applications same pan applied two times wrongly from axis and sbi...will this 2 application will get reject or one will through..sorry for asking this..due to network issue it happened
Same issue happened for me yesterday, i called axis bank customer care, when both the application blocked, i NSE.
Also foe your information, customer care person informed me that if you have not withdrawn any of the application only one application shall be bided by the system.
I think applying in Retail is always better these days. As 15x is still reasonable. But 600x for HNI is insane. But, what is the basis of allocaiton for HNI category?
For 600x multiples in HNI category. What should have been the min amount of investment? Is allocation is minimum of 1 lot? 60*600*250 so around 90,00,000? will a person who invested the minimum amount in HNI ie 2lakh can expect any allocation?
360.1. rsk| Link| Bookmark|
September 16, 2017 8:39:34 AM
IPO Mentor (600+ Posts, 300+ Likes)
yes but it will be lottery. 90 lakh will surely get 60 45 lakh will get 60 but 1 out of 2 22.5 lakh 60 but 1 in 4 many times these insane subscriptions are skewed by 20-50 crore each share applications some times there are many applications which shift the bell curve to higher side and is not true reflection of how the proportionate shares will be alloted
360.2. rsk| Link| Bookmark|
September 16, 2017 8:49:39 AM
IPO Mentor (600+ Posts, 300+ Likes)
Good example is Salsar. There were some 200 applications for over 20 lakh shares each with almost 100 appl for 33 lakh shares each. HNI subs almost 500x but smaller applicants also got 1 lot. Idea is to have good distribution of share holders and not corner stock in few hands.
I always apply in IPO through SBI ASBA which is available upto 2pm only. Today I forgot to apply in this ipo upto 2pm. Is there any alternative option to apply in ipo''s after 2pm. So that I can consider alternative im future.
Hi, I applied for this Ipo today morning through HDFC Sec. There it shows that the order is executed. But haven''t yet got any message or email from BSE. This is my second ipo application. After submission of my previous application, I received both sms and email confirmation from BSE. Not sure if it is mandatory to get confirmation email. Please let me know.
1 out of 15 lottery http://economictimes.indiatimes.com/markets/stocks/news/capacite-infraprojects-ipo-subscribed-over-180-times-on-day-3/articleshow/60529461.cms
Did anybody successfully applied through ICICI netbanking? When i applied, i didnt get any message after submitting. In order book, application is created and amount is blocked. But in BSE site when i checked the application status, it is not showing any details. ICICI online application was not working for few weeks and it resumed now. Not sure really whether the site is workring or not.
347. R R Patel| Link| Bookmark|
September 15, 2017 7:08:19 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Total 95,238 lots of 60 share each are available for allotment in retail category.
Subscription in retail category @6pm is 17X
Approx applications received in retail category @6pm so far is 12,38,000
So 1 out of 13 may get allotment so allotment ratio may be 1:13
In INDORE , many research companies are active .Never trust them .First they ask for basic service of Rs 5000 and provide one or two calls for trial , if gets Stoploss hit , it was for trial or otherwise for paid client.Once you enter the trap , they are waiting for you by hook or crook.Please Never Never trust these companies if they are so competent , they would be billionaire, why they chase customer for trading. In trading there is no requirement of Land , power , labour etc only capital of Rs 10000 + demat a/c .
Interest cost to HNI = price per share * number of times oversubscribe in HNI quota * interest rate (5.5% to 7%) * number of days amount is blocked / 36500
In capacite Min Interest cost = 250 * 638 * 5.5 * 7 / 36500 = 168
HNI will get 1 share at: issue price + interest cost = 250 + 168 = 418.