ICICI bank is the lead manager for GR Infraprojects IPO it played a game against clean Science IPO , by closing HNI applications time ahead of the schedule.
@ ipo baby.. are u really a baby ?? Dont u understand when the transaction if of 45 lakh. In this case blocked amount is 45 lakh and 28 lakh respectively.. amont of transaction is only 30 to 40k. And moreover i m paying returns from last ten years.. one thing i really not getting is that u people really want hni category to cross higher subscription level becaz that''s where Gmp depends.. n u made money. And on other hand u r the same people dont want hni to block huge money.. if every one thinks like that.. do u think money comes from other planet ??
@ baby... Yeah one should ignore the thing that they dont understand.. n i don''t give a damn what other thinks.. i have a clear thought in life penny penny makes many..
@IPOBABY . What''s your problem if others apply in huge quantity? It''s their money they choose to invest it that way and they are happy with the returns. . They are smart enough to earn that money they are smart enough to invest it as well. . Your statement about income tax notice is not correct. The IPO ASBA money is just held as a lien, it doesn''t trigger anything. . Having a huge sum of money deposited into your Bank Account without proper explanation for the source of money is what will trigger the IT notice not the IPO application by itself. .
Update for the ICICIDirect users whose CST IPO bids are showing as "under process" - I just got the e-mail from BSE confirming successful submission of my application. In ICICIDirect it is still showing as "under process" but looks like in the back end it is processed successfully. So its cool!!
230.1. sdz| Link| Bookmark|
July 9, 2021 10:26:51 PM
IPO Guru (1000+ Posts, 500+ Likes)
Hi all, My gpay mandate history showed failed authorization but account balance shows post mandate debit balance. Also I received the sms as well of amount received. But in gpay app there are two mandates showing pending. How''s this possible? Please help.
Instead of doing like this, you may buy a good number of unlisted stocks, which are likely to bring out IPO in near future. There you can apply under Shareholders''s quota. You can employ your full capacity. You will get leaps. Example: Fino PAYTECH, TMB, UTKARSH, HDB, REL.RETAL, STUDDS, LAVA and so on Think it over and decide.
@ dowg. Can u please tell me what made u think that it''s fake numbers.. i really wanted to knw.. do u think people getting single lot in hni by holding 5 to 7 lakh in ipo.. dont u see those figure hni crossing 150 times already in both ipos.. do u knw how much these amount in combine.. where its comes from.. there are thousands of others like me. Who r putting bid in cr.. may b u r too little to understand these things.. or new to ipos thing.. well all the best. Grow up soon
227.8. lokes| Link| Bookmark|
July 9, 2021 3:04:37 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: I have applied exactly 67 lots less than you in each :) 253 lots in CST and 133 lots in GR infra....hoping to get one lot atleast in CST
227.9. Grow India| Link| Bookmark|
July 9, 2021 3:05:58 PM
Top Contributor (300+ Posts, 100+ Likes)
Hni me 25 lakh par 7000 profit lena bhi 1 nasha hi hai.
@ deepak kumar. I cant because its from 2 different ac.. @ padilshwar. These unlisted things are not reliable as i heard somwhere.. n more over it''s not my cup of tea as i don''t hve much knowledge about that.
its not about any type of nasha. These things can b done only when u hve free fund to utilise.. i already had enough money in business. Hve these funds in kotak bank where they give 4 % interest. N i do these stuff n made handsome amount of money too.. there r bulk of ipo raining in this bull market.. i can easily made 30 to 40 k. Per month by just filling an ASBA app. Hope things r cleared now..
Me too agree with Dowg. No meaning in giving 48L for a meagre 7k
227.14. lokes| Link| Bookmark|
July 9, 2021 3:47:21 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: i think no need to explain to everyone, people will keep commenting such things when they are not aware...they will keep saying why blocking so much money for such small profit etc etc but why cant they understand they if funds are available with someone in bank account then why not to take even 7-8k profit which is for sure and there is no guarantee in secondary market.....and even in hni application, interest also keeps earning on the blocked amount in ASBA....
@ anil gujar this amount also is not as big as what noorul had applied Your amount comes to 63.36 lacs only
227.18. DuckEye| Link| Bookmark|
July 9, 2021 4:13:21 PM
Top Contributor (200+ Posts, 200+ Likes)
@For people who are saying why you apply 25lac amount for meagre 7000 gain. Remember, boondh boondh se hi sagar banta hai
I used to think same, some years back, that its not worth it. But thats incorrect. If you have unused capital, we can make use by applying and can get 7000 risk free. Small but atleast its some gain. Not like other retailers who get 0 gain. @Deepakkkumar - atleast he is gain 7000, how much you are gaining? 0 rupees. Also its for all HNIs. I mean if some big institution apply for 10crores worth rupees share, they will get only may 5-10lac worth rupees shares which is far less. But still they do right?
Just 7K and again the needless hassle of responding to Income Tax notices ( Read: The list of transactions mandatorily reported to IT). Is that even worth it?
@ lokes .. i guess these people are the big business taycons.. thats why 15 to 20k free money is nothing in front of them.. these bank interest and all such things r joke for them..
Dear All, Please don''t get offended. I was just curious. Now few HNIs have responded, the information is very useful. During Initial days, in intraday, Even if I earned 60 rupee after tax, that used to make me very happy. 7000 is still a big amount. We learn and gain from each others experience.
227.22. ManishDwiv| Link| Bookmark|
July 9, 2021 6:04:59 PM
Top Contributor (500+ Posts, 200+ Likes)
Applied for 693 lots..SBI didnt permit to apply fore mire than 1cr.
Dear Noorul You have already explained a lot and I hope things will be understood by some when who wants to. My frustation is on ICICIDirect. I wanted to apply for 450 lots in Clean and tried at 2:45- 2:50 pm and portal did not accept by bid and a message appeared that this issue is already closed. I than tried other one same message appeared. So after so much of research I could not apply in NII. Cannot figure out who to blame? :)
@ avenue. I suggest u to alwys made ur bid before 1 hour of cut off time. As cut off time in kotak was 2 pm. But i put my bid at 1.10 pm. Dont want to b in any huster n buster.. things can b messy sometimes.. n the fact is that kotak cut off time is soo early in compare to other banks.. i was in big delimah at 1. N finally go for 320 for clean and 200 for grill.. u hve advantage of extra one hour.
Interesting conversation, one more way to make money if you have huge amount is ultra short term NCDs. Buy about to expire NCDs like in a month. Eg Shriram transport giving 1% and Edelweiss giving 2% per month.so for 50 lakh you get 1 lakh in a month. Ofcourse you have to do hard work of finding right one :) . Mutual funds do have capacity but they take big cuts.
Agar sure shot 7/8k (minimum) profit mil raha hain to 15 din k liye 70/80L fasane me kya jata hain, uparse self capital (no interest). Jinke pass hain woh definitely itna to invest karega hi.
आप सभी की बात पढ़ कर बहुत आनंद मिला, कुछ समय तो अपने को भूल ही गया। आज लगा चितौड़गढ़ पर लक्ष्मी पुत्रो की भरमार है,एक से बड़ा दूसरा। मेरी आपसे प्रार्थना है,आप बढ चढ कर लगाते रहे ,जिससे मेरे जैसे की, जिसे एक अलाटमेंट मिल जाती है,खुशी बरकरार रहे।
Hi All I would like to clarify one thing in Retail category how the allocation works when the time of over subscription vs number of lots Eg: Total shares allocated to retail category is 10 (lets say accumulation of shares is adding upto to 10 lots) Total applicants 10 & all applied for 10 lots each , so total 100 lots So total subscription of RII will show as 1x or 10x ? If it is 10x, then in the above case every applicant will get 1 lot each right ? Please confirm
Thanks / Ajay
224.1. Grow India| Link| Bookmark|
July 9, 2021 9:02:37 PM
Top Contributor (300+ Posts, 100+ Likes)
Retail me mostly 1 lot hi apply hota hai
Or kisi.ne jyada apply kiya hai to wo subscription me dikhega
221. sdz| Link| Bookmark|
July 9, 2021 6:02:33 PM
IPO Guru (1000+ Posts, 500+ Likes)
Yes bank ne dhoka dediya. Their cutoff is 3pm and I usually apply under NII at 2.30 after seeing oversubscription numbers. It was showing as system error in the last step even after multiple trials till 3pm and couldn''t apply 725 lots in Clean science IPO. Finally applied from Zerodha UPI under Retail category :(
Rs.1cr 4 lac 40000 can now be utilised for Zomato issue
221.4. sdz| Link| Bookmark|
July 9, 2021 6:48:28 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Khus.. I can apply with the same amount for Zomato even after applying for CST as funds will get unblocked on 14th or 15th itself. I''m not that excited to apply big for Zomato though
221.5. lokes| Link| Bookmark|
July 9, 2021 6:50:04 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@khus: that amount could still be utilised in Zomato even after if applied in cst after adjusting allotted shares amount, since cst amount will be unblocked by Zomato issue last day
@ sdz actually sometimes sites crash becaz of excess of load that usually happens on last day in last hours.. dats why one should done his job before the last bell ring.. dont b harsh many more ipos to come with more opportunities..
Balls of Steel to keep so much money in YES bank. :)
221.8. DuckEye| Link| Bookmark|
July 9, 2021 7:54:56 PM
Top Contributor (200+ Posts, 200+ Likes)
@sdz - same problem happened with me in icicidirect, and for many this happened. Not sure , if its glitch or they changed the time and forgot to notify us. This is big loss. How can they do it???
221.9. sdz| Link| Bookmark|
July 9, 2021 8:09:47 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Noorul... After this big Zatka, I''ll apply 1 hour before itself from next IPO. Hell with the subscription num calculations, atleast can apply successfully which is much more important. Would''ve got 55 shares :(
Dear Ankur Goel Jee, THANK YOU FOR YOUR ADVICE FOR BURGER KINGS.
"jindagi kisiko mohtaj nahi hoti,dosti sirf jajbaat nahi hoti, kuch to khyal aaya hoga bhagwan ko varna yuhi apni mulakat nahi hoti" sir jee thank you once again and please help us such guidance
*CLEAN SCIENCE LTD* *LAST DAY SUBS.FIGURE AT 03:47 P.M.* QIB 159.93X NII 211.12X RII 9.20X *OVERALL 95.54X* **Excluding Anchor Total No.of RET.FORMS : 26,94,299 *Apps Wise : 7.17X*
*CLEAN SCIENCE LTD* *FOR HNI/NII GET 1 LOT OF 16 SHARES* IF THEY HAVE MADE A BID OF 3,378 SHARES (RS.30,40,200/-) & MORE Interest cost @8% (7 Days) for each share Rs. 296/- only *LISTING ABOUT = 900+296= 1,196/- and more*