I got Nil allotment when I applied from my and my father account for 450 shares each (maximum allowed for retail investor). How can they give Nil allotment? Is there any transparent policy? or its random like lottery?
Manish, Don''t apply for more than one lot when ipo is oversubscribed..... Max one can get is one lot in that case..... So it is advisable to apply for one lot and don''t block money
Experts, What should be done for people who didn''t get allotment on listing day? Any scope for the share price to go up after listing or will the stock achieve it''s true value of the listing day (considering listing as per the GMP)?
Link Intime worst registrar have applied multiple lots in Tejas , CDSL , AU bank and Cochin got nothing there should be some transperancy ,, ye company hi doob jaye bhagwan kare
Friends Believe in God !!!! God Exists. I got one lot :-) My allotment so far Cochin Shipyard - 1 lot DMART - 0 AU BANK- 0 CDSL - 0 SALASAR - 0 HUDCO - 0