649. IPOTraders| Link| Bookmark|
August 14, 2023 11:54:07 AM
IPO Mentor (800+ Posts, 400+ Likes)
ALLOTMENT 😂😂
1. Issue at Hand: Top 2 IPO Registrars in India are experiencing difficulties in uploading IPO allotment details on their websites promptly.
2. Impact on IPO Listing: IPOs are scheduled to be listed within 3 working days starting from December 2023.
3. Consequence of Delay: Due to the current challenges faced by the Registrars, there's a possibility that the IPO allotment details might not be available before the IPOs are listed.
4. Delayed Allotment Information: Investors might not have access to their IPO allotment details before the IPOs start trading on the stock exchange.
5. Transparency Concerns: The delay in providing allotment details could raise transparency concerns among investors, as they may not have adequate time to prepare for their investment decisions based on accurate information.
6. Market Reaction Uncertainty: The lack of timely information might lead to confusion in the market and potentially impact the initial trading patterns of the newly listed IPOs.
7. Investor Confidence: The delay in allotment information might erode investor confidence in the IPO process and the effectiveness of the Registrars' operations.
8. Regulatory Oversight: Regulatory bodies might need to step in to ensure that Registrars streamline their processes and provide timely allotment information to maintain the integrity of the IPO process.
9. Technology and Infrastructure: Registrars might need to address any technological or infrastructure challenges they are facing to prevent similar delays in the future.
10. Industry Repercussions: The current situation could prompt the IPO industry to reevaluate and improve their backend processes to ensure smoother IPO allotment procedures in the future.
After loggin in, hover thr nouse cursor over invest and go to IPO application. Select account number and confirm to proceed. Fill up the details such as the DP name, beneficiary account number and DOB and confirm.
Ps: HDFC appears to have a special arrangement with linktards. I never get allotmet through HDFC
Probably you must have applied for SBFC also in retail category. Coincidentally, both had same amount. Debit of 14,820 and hold removed from 14,820 means one of those allotted.
Yes, @MAMU is right. 2/3 BHNI, 0/1 SHNI. The unallotted ones above are actually showing "pending for RTA response". But, it seems it means no allotment.