Dear All Respected members I am holding 100 shares of HDFC AMC since last one year at an average price of 1800/- kindly suggest should i exit from that stock as it is not showing any movement . pls suggest
Multi week support zone near 1950-2000..So it should not slip below 1940..If it slips below 1940 then red alert. Buyers won't miss this chance to accumulate for long term..IMO.
This is the first time Im trying to apply in the HNI/NII Category to get better allotment success after losing out on nil allotments for the past 6-7 IPOs.
My questions are two fold:-
1. In NII Category should I apply in lot sizes as well and ensure that I apply minimum 14 lots or Can i just apply 589 shares which is just over 200000 lacs and I get my application accepted as a NII investor?
2. In retail category, what threshold of over-subscription does the system determine between Alloting each investor 1 lot and then proportionally of the remaining lots Versus Lottery based allotment of 1 lot to everyone?
While approving Chemcon IPO request using UPI I am getting error "Something went wrong" while I was able to approve CAMS IPO request. Please help what should I do?
157.1. Venkatram| Link| Bookmark|
September 22, 2020 2:59:19 PM
Top Contributor (300+ Posts, 100+ Likes)
most likely due to heavy load on the UPI servers that you are getting this error. I was also facing the same issue yesterday. Keep trying to approve multiple times and one time it will go through. Do it wherein the net connection is strong it helps.
I WRONGLY BID @ 338 IN CHEMCON IPO THROUGH MOTI LAL OSWAL , APPLICATION NUMBER ALLOTED, CAN BE CANCEL BID OR SHOULD APPLY FRESH APPLICATION THROUGH OTHER PORTAL....PLEASEEEEEEEEEE GUIDE
If you apply from another broker with same PAN both applications will be rejected. You should cancel your current bid or modify it. HDFC netbanking allows to modify, not sure about Motilal...
152.1. Scrip| Link| Bookmark|
September 22, 2020 12:27:09 PM
Top Contributor (400+ Posts, 200+ Likes)
Yeah It will follow the footsteps of HMT and Route. I guess
151. G J| Link| Bookmark|
September 21, 2020 10:06:36 PM
IPO Mentor (1600+ Posts, 400+ Likes)
I applied for HMT (Happiest) and Route both, unfortunately not alloted in both :(
Considering today's market conditions in both Equity (Indian and Global) and Bullion (Gold and Silver), Not sure about applying in CAMS and Angel, It can be next SBI Card.
Little bit confidence about Chemcon as Rossari is still performing good. As speciality chemical is in trend.
Angel could be avoided, they have not grown in the last 3 years Revenue + PAT. Also, this sector faces heavy competition from discount brokers such as Zerodha, Upstock and 5 paisa so best to Avoid. In CAMS, best to apply for 1 lot in retail as it is already over subscribed. Listing gains in CAMS is still possible given the market share of CAMS in the category they operate in.
Urgent Help required from Admin Ji or from fellow Investors and Senior members...
Hi everyone, Can you apply through My SBI ASBA + Different Person's Demat with PAN (Third party ASBA), is this case considered as valid??? Admin Ji confirmed that we can apply in case of SBI and some other allowed banks, (I also fully aware that through UPI it is not possible)... Now the biggest issue is, I was applying from last 6-7 IPOs using the same third party method, Third Party ASBA (3 applications using SBI) and First party ASBA (4 applications), in this practical example, never I got allotted for the Third party ASBA, but I cannot also confirm whether these are not selected in the Lottery or not considered itself as valid, Kindly confirm some one who followed the Thrid party ASBA application method yet received the allotment Post SEBI new regulations.
Thanks in advance and sorry for the long question... your quick response / advice / guidance highly helpful in deciding the application strategy for the Chemcon and CAMS IPOs.
I think due to fear or global sell, number of applications can impact from retail section.. This fear can be temporary or stay for week? looking for expert options. Because we have seen impact SBICards IPO, most of the retailers might be payed for no allocation during that time.
For the IPO's which are expected to be oversubscribed heavily, it makes sense for retail investors to put in maximum number of applications just for a single lot. Because the ratio of allotment is same irrespective of size of application. More number of applications will increase chances of allotment, the large size of single application will not. Good luck!