342.2. Kishore S| Link| Bookmark|
November 26, 2019 12:40:22 PM
Top Contributor (200+ Posts, 100+ Likes)
It all depends on the number of times issue get subscribed in each of the category. Applying one lot in multiple DEMAT accounts will increase the probability of allotment rather than applying in NII which may get subscribed more than 300 times
Even I shifted to NII after seeing RII response., Dear @Earthking kindly explain why would one feel bad for shifting to NII, could not get the point u said.
342.6. KING VINOD| Link| Bookmark|
November 26, 2019 1:06:04 PM
IPO Guru (2400+ Posts, 5300+ Likes)
@ LOKES Dont apply in HNI category just apply in Retail category only. HNI will cross 150X+ times
342.7. sonal patel| Link| Bookmark|
November 26, 2019 1:25:40 PM
IPO Guru (1500+ Posts, 5700+ Likes)
Yes..bcoz ujjivan date is not confirmed..
So fund available for csb...
Now hni and qib action start..
342.8. lokes| Link| Bookmark|
November 26, 2019 1:26:10 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i have applied in HNI category for 3075 shares....if it subscribe by 40x then i will be getting one lot of 75 share for sure which has very less chance in retail category now....even if subscribe by 100 times then also i will get around 30-35 shares.
@medge i think new people in ipo do this type of mistake and apply more lots in retail category when oversubscription.
We can not do anything????????
342.16. lokes| Link| Bookmark|
November 26, 2019 3:53:28 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@medge : anyways i will not be getting anything in retail category too and there is no issue in fund blocking, that is anyways lying in bank account, and there is no interest loss in ASBA during that period.
342.17. NRI Investor| Link| Bookmark|
November 26, 2019 3:56:21 PM
Top Contributor (200+ Posts, 300+ Likes)
I feel Sorry for those who have shifted from Retail to HNI catagory. HNI now 165x times over subscribed Means if you applied with 24 lakhs then u will get 1 lot 75 shares.
342.18. Medge| Link| Bookmark|
November 26, 2019 5:07:04 PM
IPO Guru (1300+ Posts, 2000+ Likes)
@lokes @IPO Janadesh @Rahul Wgl if you are lucky you still have chance to get 1 lot in lucky draw if your application is less than 164lots, but ratio would be 10 out of 100 applicants
if application with more than 160* lots then surely at least 1+ lot(s)
@ Medge I applied because I have idle fund of shares sold in secondary market.So no loss of interest in SB ac or no interest payment on any borrowings.Another reason is delay of ujjivan.CBS RII subscription > 35x application wise.i.e 1/35. So for confirm allotment in RII one has to invest more than 500000 Rs. or 35 different applications which is not possible.I am pessimistic in RII to get any allotment.I modified only one application from RII to NII to hit hard like " LOKESH RAHUL '' over the boundary.Rest are same as before. Btw registrar of Affle & CSB is the same.RTA of CSB is Link-in-Time which is more trustworthy than Karvy.All the best for allotment.
342.20. lokes| Link| Bookmark|
November 26, 2019 7:44:11 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@medge: 10 out of 100 chances in NII and 1 out of 35 chance in retail, that's why i applied with NII....and same like "ipo janadesh" , funds lying idle anyways in bank and no ineterst loss, and other application from wife i applied in retail so only one i tried in NII.