Dear Arun, You are absolutely right on the last point, I am able to apply in full because I borrowed some money from my brother-in-laws, its not the factor of money in my case, anyway we will continue discussion on next what to do. Srini.
Srini is right we r nt saying dnt giv anything to the person who is applying less bt maximum appli shld gt somthin..thts wht im sayin every full aplli shld hvae gt arrnd 10 shares instead in 2 full appli just 1 of them gt 20 shares which is nt right...
as i said b4r they want to increase the price in secondary market.coz ppl who havnt recd the shares will buy frm secondary market n the price wnt fall n promoters will also sell at higher price...
Career Point IPO Allotment is Out tomorrow 1 october,2010 Share alloted in all Demate Date 1-10-2010 Time 8:13 P.M. For more detail log on www.intimespectrum.com and see your application ststus
573 Hi Srini, My aim is not a confrontation but a healthy discussion.I respect your thoughts.But every basis has it's own demerit.In your case the person who has applied for 1 lot will never think of getting an allotment.His chance is zero in case of carrier point.But in the applied case every body has a chance to get allotment.My be high or low depending upon the amount u r applying.Money is the only factor in your case.Do u think every person has the capability to apply for maximum lot.Rich person should not get the total advantage based on money.Every body should be treated equally.
yes im with u 576 full appli nil allotment not done.they shold have give 10 shares to all of the full allotment instead of 20 to 1 tht too in lottery i.e every 2appli will gt 1.i think they have done this coz they want to increase the share price after the opening.coz they want ppl to buy it frm the secondary market tht way price wnt fall n rather it will go up.
I m happy for the ppl who gt allotment.
This is very wrng whtever they did is wrng totaly.