In Mainboard IPO, instead of applying 1 Cr application one should go for 9;BHNI applications in some unique number. Certainly he will get 2 to 3 lots in a subscription like this.
506.5. MAMU| Link| Bookmark|
August 12, 2023 12:55:48 PM
IPO Guru (2000+ Posts, 1200+ Likes)
Ammount does not matter Application matters. If category subscribe application wise then 10L bidder & 1 cr bidder both at same place and luck will favour at a time of allotment.
All Applicants are wasting ones precious time in knowing allotment. The Registrar should be held blamed for this .
504. Finexpert| Link| Bookmark|
August 12, 2023 1:05:54 PM
Top Contributor (400+ Posts, 200+ Likes)
I dont think allotment will be updated today because saturday and sunday is registrar holiday. I remember one example of linkintime jiska allotment friday ko aana tha but they could not update on friday then vo monday ko site par update hua tha.. so to avoid wasting your precious time, dont wait and scroll the site again and again. Jab aana hoga aa jayega.
Bon UPI revoke Bob asba no revoke or debit msg Kotak asba shows pending rta response Didn't understand either alloted or non alloted Pathetic service RTA
Abhi time aa gaya hai when SEBI or exchanges or CAMS should take over allotment process and RTA services. Otherwise T+3 listing looks like a pipe dream in current situation.
Out of 3 retail applications applied via upi mode , for one amount got deducted via icici. Other 2 status unknown yet. Upi mandates are still showing active. One is icici and the other is indusind. I feel link intime has given priority to deduct amount for allottees before unblocking for non allottees.
500. M Gupta| Link| Bookmark|
August 12, 2023 12:52:06 PM
IPO Guru (1100+ Posts, 3300+ Likes)
Copy paste from one of my earlier post.
I enquired the registrar office for not uploading allotment status.
They clarified. Actually, due to non payment of monthly electricity bills, power was disconnected. The generator had no diesel in it. Staff doesnt have sufficient cash balance to purchase a litre of diesel. They have requested to nearby “panwala” for loan of one hundred rupees to buy a litre of diesel. As soon as panwala opens his shop and lend one hundred rupees, the staff will buy a litre of diesel, start the generator, and then the computers, the allotment status will be updated.
In Concord Biotech Ltd Ipo , registrar LINKINTIME wants more and more comments ie if comments ie no of comments reaches more than 750 then they will make allotment.
There is delay in uploading Allotment Status by Linkintime. Applicants know their allotment either by BAnk Debit or unblocking status. There are three Merchant bankers to the Issue , all leading players. Please send an email to all three with a copy to Linkintime complaining the delay in uploading Allotment Status.
Guys you must know if you apply multiple applications from single PAN.. So i applied one application through kite upi and other one through idfc net banking.. Both were rejected due to technical ground.. I learnt my lesson now