I think already annual statutory audits and special audits by SEBI are conducted of RTAs from time to time. And not getting an allotment in over subscribed IPO would not constitute a valid ground for SEBI to investigate. I have got 4 allotments in oversubscribed IPOs in last 2 years. It's purely a game of luck.
How to Lodge the Complaint in SEBI. It has been years not got a single allotment previously it was expected to receive at least one allotment, recent times it has become impossible. No doubt now a days we can see favoritism is common in this country.
Sir aisa nahin hai. By luck I got 2/3(yes u read it right its 2 out of 3) in sHNI category. And I am no relative of any sebi or linkintime. Its pure luck only.
475. CSK| Link| Bookmark|
November 9, 2022 3:46:45 PM
Top Contributor (300+ Posts, 500 Likes)
Finally got an allotment in BHNI. All defence-related stocks are done well in the past and present. Paras Upper bank 175 went to 837 now trading around the 650 range. Even the Data pattern Upper band is around 575 and currently trading at about 1400 range. I believe DCX will double in the next 4 to 5 months. Healthy Order and Niche player will do well. Retail is only 10% is an advantage who got the allotments. All the Very best to all.
474. SOAM| Link| Bookmark|
November 9, 2022 2:28:34 PM
Top Contributor (700+ Posts, 100+ Likes)
No allotment in bHni (0/5). Is the allotment method genuine with this registrar? Same happened during Harsha as well (0/5). Just got 1 during EMI as registrar is KFin. It brings the credibility issue with LateTime/LinkAfterTime registrar. Cheap tactics to delay the allotment and posting it in app (1 day prior) to increase the downloads and website visit count. Guys your observation please...
@soam Totally agree with you. Today itself i talked with my brother about the same thing like no allotment in Harsha (0/6). And also got one in EMI in bhni where registrar was different.
Manipulation on allotment can it happen. What are the checks and balances done to avoid any kind of manipulation. We know that ppl who does audit can also be bought. So I am not ruling out any kind of manipulation (though I got one shni). But it might be limited to 1-4%. You can't manipulate all allotment. In this forum as well you can see many got allotted. I am sure they have not done any settings and are common man like you and me.Similarly many with multiple applications are not allotted as well. So it's not one way here