Chaman Metallics Limited IPO Message Board (Page 25)

You will not get any allotment if you are alone in that lot category unless you by yourself have applied 50% of NII subs (e.g. applied 125lots for NII subs of 250). Basically, each HNI lot category has to be a minimum of 50% of NII subs to be eligible for the lottery.

So you mean if I apply 110 lots size, then same lot size should be there for other 3 applications as well for allotment chances? By the way, is this 50% of HNI subs. rule mentioned anywhere?

I don't think so.

@rohan: i felt very bad for you after seeing your post in anlon page that you didn't got allotted even after applying 4 big applications, just because you didn't choose lot size properly. As by now, you might have understood, that you need to apply in such a way that either you are above 0.5 times of final hni subscription in any single application or either you need to choose all application with same lots for much better chances....As you know that all your applications at different lot sizes are treated as separate/individual applications, so allotment in each will happen as per chances in that lot category.

In last one week, i have posted this thread 2 times, posting it again now, please give some 15-20 mins and go through below link post to understand properly so that you don't loose opportunity in future after applying with so many big applications.
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1207&c=489020&ap=1

Thanks @lokes for clearing my doubts. You contribution in this forum is really commendable. Thumbs Up.

I applied for 87 lots which is quite an odd number. If no one applied for 87 lots, then chances for allotment are really low? Is it?

Dear PBRGV .I apply 3 application of 87 Lots each.

@ssigh,noorul,lokesh nd other exports give ur opinions please 🙏

@Hope is life
Right strategy will be increasing the chances of allotment (i.e., probability). Read the comments shared by Justalearner and Trueinfo below

Thanks arjun m sir

You should have gone for 2 lots in each account for better probability

ok thanks sir

but in retail its subscribed 159 times
nd
in hni 255 times

so i think about retail last time..

can u please explain sir

why 2 lot in each account has better chance of allotment?

You could have gone for 3 lots of hni in each account. Your allotment chance would have been 1 in 85 (I.e. 255÷3) for each application. In retail presently your chance is 1 in 159.

ok thanks i m hilli sir

i think i made while applying

but it will helpfull in future...

Which bank?

I applied 12Lot & 2Lot (missed SBI timing) . Saving for Paint company also market condition down and read SELLER TONE by some member. No luck in recent SME.

@ lokes.. Few people got confussed. They are messaging me that lokes applied 24cr.. :)

@lokes - please clarify 1 application of 24cr or multiple
Good one @noorul

As per my understanding,
he applied for 38 (issue price) lots.
probably single application

Seems that he applied 38 lots.

38 lots I guess :)

He applied 38 lots..
But I really got that message.
Someone mistook it.

@AJS
Mr. Lokes informed that he had applied no. of lots similar to issue PRICE not issue SIZE.
So you can consider lots around 38.

Hello GJ
Is there still any banks which accepts multiple applications from asba.

SBI & Yes..allows 3 rd application
But dont know if the applicaion are rejected or accepted...as no allotment recieved till date on any 3rd party asba lot.

Has any0n1 got allooted recently?

@Akash,

Hi
As mentioned here,
https://www.chittorgarh.com/article/3rd-party-ipo-application-from-one-bank-account/537/
Yes, Axis and some other banks still allow 3rd party ASBA applications.
Although LinkIntime allows it, some even got allotment
Still, I will suggest not going that way.

I do have 7 HDFC Bank accounts (6 Family members + 1 HUF).
I do login into their net banking portal and apply from there using Zerodha Demat account numbers.

@mark bab,
I got in LIC IPO, and some people also recently claimed to get allotment from 3rd party applications.

Perfect GJ....tnx

@GJ @mark bab today I have tried applying from SBI but it haven't take more than single application.

@Akash,

From what I read and heard, SBI stopped it from NetBanking,
SBI Mobile application (Yono or something) still allows it.
But never used it.

I only used Axis 3rd party feature, that too once for LIC
After that never dared 😂 (LIC performance being the reason, on the lighter note)

@GJ

I totally understand. I am still holding one lot of LIC in my portfolio ..

@Akash,
I am holding 264 shares, approx 17.5 lots.
Pain is much deeper 😂😂

You have wasted your money.
123 is still a lottery, better to apply only 1 lot

Balance money use in DUCOL

DUCOL will list @30% + premium

No wastage of money as it still fetching interest and have some more funds for Ducol

How to join? Pls tell I've 8 dmat accounts but not enough money to apply from all.

I am using PNB netbanking.

For multiple applications.

@antarix

Thank you for you reply. I heard somewhere that no one is allowing multiple applications now a days. Have you applied for multiple applications in recent.

SBI online IPO closes shop at 2pm on last day.

Hello Definite.

SBI only accepts applications till 2 PM. I have applied from SBI today itself.

Thank you for this information. I didn't have idea about timing, i thought the timing is 5 PM. Will be on time from next time.