Concord Biotech Limited IPO Message Board (Page 34)

I applied here on 1st day but since the subscription was not encouraging, I created a mandate today so that I can submit later on in order to cancel my application under same PAN. Since, subscription is good, I declined the mandate. Question is: will my first day application thru ASBA will be considered for allotment as I declined 2nd mandate or no application will be considered?

Yes it will get considered, as there would be only one active application (ASBA one you had submitted on day 1).

In such circumstances in future , keep in mind that you are to cancel the application rather than rejecting the upi mandate.

OFF TOPIC: What experts think of Adani stocks? The judgement day is on 14th. Already given clean chit by Supreme Court. And since elections are coming, we know what judgement will be out. Experts please share your thoughts @Monster Zero @Lokes @B.M.SURANA @newgen consultancy and others....

@Sunnyboy  Adani Ports results are good but how is election, which is 1 year away, and Supreme Court judgment related???

What if SEBI finds something, inquiry still going on, right?

Yes, I agree but we all know from where election funds come. So, like most of others, I believe that the inquiry results will be in favor of Adani and their stocks. Just wished to know opinions to decide whether it is a good bet to go for Adani stocks.

Off Topic:

I have been applying IPOs (multiple applications) through ASBA from SBI and Kotak Banks for >10years and got allotment in heavily subscribed issues including SMEs. I started using Au Finance Bank for the third demat (different PAN obviously) after this third party issue cropped up, I have got NIL allotment in Au Finance till date (more than 20 IPOs applied across categories viz. Mainboard: retail/sHNI/bHNI; SME: Retail/HNI). Got allotment through SBI and Kotak during the same period (Asarfi being the recent one). Got allotment in same demat when applied through SBI/Kotak in past when third party was allowed.

Is anyone facing issue with Au Bank in allotment OR has anyone got allotment through Au bank ASBA in past one year or so?

And the legacy continues.. No allotment in Concord as well through Au Bank ASBA, that too retail

@Anyone

Who applied using Au bank ASBA and got allotment in concord (any category)

So far QIBs have put in around 5000 cr as compared to 42,000 cr in Mankind. I hope this figure improves. Real picture should emerge around 2.30 pm.

@Sleeping lion  the QIB of 62x is really decent for this or for any ipo!

@Chhattisgarh , mcap doesn't really affect the QIB subscription figures.
Please understand that even if a company is commanding Market Cap of 2500 Cr, it can still get QIB subscription worth 40k crores and more.
Lets say if the company comes out at a reasonable valuation with excellent growth prospects and no peers listed, every god damn mutual fund/institution in the country would want a piece of the company.

I wasn't in mood of applying but looking at QIB I have put 12 retail apps.
hope it doesn't turn out to be a disaster. In most of such situations I had very hard luck and have burnt my fingers(Cartrade, rainbow etc). lets see whats in store.

Rainbow is doing much better these days. You should have kept patience.

*Concord Biotech*

Approx break up applications : @5.00pm

HNI above 10L - ~28,408 (3.80x)

HNI 2-10L ~43,697(11.70x)

Retails - ~12,12,585(3.31x)

accepted mandate after 5 pm?

will 3rd party upi be accepted by this registrar?

ho gaya 3rd party accept?!

Yes mene gpay se kiya tha debit ho gye he mere

Applied 9 Retail applications

Here, QIBees subscribed for around ₹20975,08,24,140; almost half than SBFC.

CONCORD 165 BUYERS!!

🔥🔥🔥🔥

Latest GMP expert plz 5 UPI mandate pending should accept or not plz expert

Latest gmp: 160

155-158 latest gmp

Was not sure about this, but now that mood has changed a bit...so applied 2 SHNI...

retalier ko ullu bana diya gaya .... yatharth hospital loss huwa kya kon deta??1 day ma 10 %% still holding this ipo SHNi aplli

Concord Biotech IPO,
7 Retail apps

Concord Biotech IPO,
3 Retail allotments 🥳

HDFC netbanking cut off time
Expert answer

This IPO 3:20 PM
I remember previous IPO at 3:35

Retail - 4 pm
SHNI - 3.30 pm ( not sure, but nearly 3.30)
BHNI - 3 pm - 100% Sure

As per me its low risk reward bet. I applied in Retail accounts to check if I am getting allotment in non alloted accounts which is pending from long time. I see the Anchor investors are good. Out of 7 accounts hoping to get allotment in 2-3 accounts.. As per current status I feel 10-20% gains can be expected.
Even Yatharath hospital gave a decent gain of 10% in 8 to 10 days time time which is much better than yearly FD rate of 6-7%.

Applied FF -9 SHNI
Hope 1-2 will be allotted

Applying FF Here

Good QIB figure

Happy Investing

Finally, decided to go with 6 retail. Skipping Hni this time.