Capacit'e Infraprojects Limited IPO Message Board (Page 61)

it should always be cut off price.

If it is going to be lottery, then why cut off price matters? Just want to improve my knowledge

They only consider bid at cut off price if subscription goes multiple times

Akp technically you are correct. In case of huge subscriptions it doesn''t matter if you bid at cut-off or max price (250 in this case) both are one and same. But if you bid at 245, you won''t get anything. So cut-off is kind of easy option.

Akp try to understand cut off price here ( in Multiple bid single issue price allocation)

a) When you bid at lower price band or above except upper price band- you ask for allotment of shares only if issue price matches with your bid price or no allotment

b) When you bid at upper price band - you ask for allotment at upper price band and since issue price cannot be more than upper price band , you are bidding to get allotment at max price if it becomes issue price

c) When you bid at cut off- you ask registrar of the issue to consider you for allotment at whatever price the IPO is issued (within the price band) . Hence when you apply at cutoff banks block ASBA for upper price band and if issue price is lower , you will get refund

Observation- Since now most IPO get over subscribed , generally issue price becomes upper price band. That is why, you should either apply at cut off or Upper price band

To put it in simple words: Why would a company consider lower price bid if it has more than enough applications at cut-off price to allot the reserved shares.

Also, Cut - Off price can not be more than upper price band.

Today 7.10 PM

Yes,
Today at 1030hrs I applied it is successful.

I too couldn’t apply for last few IPOs thru’ ICICI bank online IPO facility & according to the site that it was a temporary glitch. However, the other day I as soon as linked my ADDHAR card number to my ICICI bank a/c, the IPO application facility started functioning again. I could be wrong here - may be the temporary glitch was genuine, OR, the IPO facility is in full swing because of the impending ICICI LOMBARD IPO, OR, it is indeed a way to prod customers to link their bank a/cs with their ADDHAR numbers!!!

Yes, I was able to apply last night at around 11:00 PM, it must have been some glitch in the morning. Also, at BoB asba i applied Dixon ipo yest morning, which was strange considering the last date was 8th sep

Only one time

Thanks
Anil

Ek hi pan se ek demat me 2-3 bar aaply nahi Kar sakte aap ipo oder ko modify kar dijey.

Ek hi pan se ek demat me 2-3 bar aaply kiya to kya ho sakata hai

modify kar dijey means.

ONE PANCARD PE AAP EK BAR HI APPLY KAR SAKATE HE.

AAP FORM FILL UP KARTE HO TAB PANCARD NO, AND NSDL/CDSL NO JO USE KARTE HE VO DUSARE FORM ME USE NAHI KAR SAKATE HE. LEKIN AAP FORM ME RETAIL CATEGORY ME LOT SIZE CHANGE KAR SAKATE MAXIMUM 2,00,000/- TAK.

EXP CAPACITE ME 60 SHARE KA LOT HE TO 60*250=15000 ONE LOT KI PRICE HE.

TO AAP 2,00,000 / 15,000 = 13.33.

TO AAP ISME 13*60*250= RS.1,95,000/- AND TOTAL SHARE 60*13 = 780 SHARE KE LIYE APPLY KAR SHAKTE HE

Matl jaha par 60 share hai vaha par 180 shares daal sakate hai barabar na

are reply do yaar

If you apply multiple times, then it''ll be rejected. Anyways, this IPO is already oversubscribed. So you''ll be lucky if you get one lot.