Can u pl explain? I thought if it's over subscription e.g. two times, three times.....etc. then only lottery starts. If two times, one out of two applications will get minimum lot in that category. Pl correct me if wrong.
It is said that 3rd UPI applications are not counted as valid but still people are getting lots via 3rd party UPI. Kya recently kisi member ko 3rd party UPI se allotment mila hai ?
Need some guidance ! I had applied for this IPO on 27th as an HNI with correct quantity and BID via SBI ASBA. I have been using the pre-registered user from last 5 years , so dont think there is anything wrong with name or pan or other details .
But my bid isnt showing up on BSE nor i have received any mail. What should be my next action to tackle this issue ?
154.2. UjwalG| Link| Bookmark|
June 29, 2023 9:17:07 PM
IPO Guru (1000+ Posts, 500+ Likes)
Dont worry. Bse website doesnt always show details. Also your broker maybe had applied through nse. There are lakhs of applications so mismanagement is likely to happen
Yeah, it happens, sometimes you donot get emails or messages. But relax and wait for allotment date, that is when you will know for sure if your bid has been accepted or not and yes, all the best for allotment..
@MeraIpoKabhiNaiLagta Brother, I also applied on 28th June from sbi asba, but I have not received any message or email yet, I think email will come today, sometimes it comes a little late.
Going full force in Cyient DLM and skipping ideaforge completely. Applying all bHNI applications.
Reason 1) Better allotment chance 2) Reasonable valuation (previous investor was issued shares at the same rate) 3) Won't list at sky high valuation like ideaforge, so can add more if want to on listing.
Other members views and opinions are welcomed 🙏 Happy Investing 😄👍
भाई दोनो मैं सब्सक्रिप्शन लगभग बराबर ही होगा, और दोनो मैं ही लक काम करेगा, अच्छी किस्मत होगी तो ही मिलेगा पर GMP ideaforge की ज्यादा है तो इसी मे लक अजमा लेते हैं।।
Many people are thinking the same way. It may happen that cyient & ideaforge have same subscription data & similar allotment chances
153.5. MVP| Link| Bookmark|
June 29, 2023 11:47:32 PM
IPO Guru (1400+ Posts, 1000+ Likes)
I don't think so Cyient will match IdeaForge in terms subscription. IdeaForge has too much hype, even non regulars are applying, and there is not much awareness about Cyient.
@MVP Yes sir, you got my point. Being an investor rather than applying just for listing gain, I'm preferring cyient. I know that ideaforge can give exceptional returns but valuation is not justifiable for me. Might add it after listing if available at reasonable valuation.