I can''t believe my luck. checked in icicibank, money still not unblocked. checked on the site. Had applied 3 applications of 60 shares each. got allotment of 20 shares for all 3 applications. So total 60 shares :-)
151.1. ValueSeeker| Link| Bookmark|
December 21, 2012 9:18:23 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Guess, its pure lottery at every level of lots.. I put in 4 applications of 13,13,2,1 lots under 4 family members'' accounts, and got 20,0,0,20 shares, resp. Is it fair to not allot anything to an applicant having so much conviction as to have gone for the max?! Couldn''t they have simply split the lot size down so that every applicant gets an equal number of shares, however small that would have been? Logic and common sense doesn''t always work.
now ipo allotment has become more of lottery kind, but its same for all lots, there is no separate chance for every lot as earlier used to happen, now 20 or 260 share application are on same boat
Me too, applied for 260 got nothing :( and the refund has not been made yet. Guess they want to enjoy the interest of it before releasing..Suckers
144. hchc| Link| Bookmark|
December 21, 2012 8:55:55 AM
Top Contributor (400+ Posts, 900+ Likes)
I m the most unluckiest guy in this world. Applied in CARE IPO In 7 different names of my family members but none of the form number got allotted. I was expecting atleast 2-3 allottes but my fortunes didn''t support me. Anyways guys all the best to those who got shares. Listing expected around 920/-
HCHC it is highly unlikely that you have not been allotted on any of the applications. Please recheck. What qty of shares did you apply in each application?
How are you guys able to check the allotment status. The links are working but I am not getting the option to enter my application no. It only says .....please wait.....
now allotment in retail portion will be made on basis of application received . old system of oversubscription allotment in retail is scrapped.
CARE retail has app 25.5 lac shares quota . 1. suppose 1 lac application received , all will get 20 shares ( 1 lot to full app ) .this will consume 20 lac shares . balance 5.5 lac shares will be allotted on proportionate basis to 2 lot to full 13 lot appl . so they will get 20+ hares. 2. suppose 2 lac applications received , it will require 40 lac share demand , but since we have only 25.5 lac shares , all applicants will get 20 share by lottery and u will find that 1 lot appl also stands good chance of allotment . oversubscription in retail 6 times stands void in this case
what care will do with the money when dooms''s day is tomorrow! i do not believe in such pandit wani.
135.3. Pandit Ji| Link| Bookmark|
December 21, 2012 4:45:36 AM
Top Contributor (400+ Posts, 200+ Likes)
Bhaiya, humour ko samjha karo,, kalyug aa gaya, na daan na daksina, aur sedha panditji pe aarop, aaj aapko 120 share lagenge aapke jo 6 application lagaye hai na unpar.