558. Smile✍️| Link| Bookmark|
December 15, 2023 7:53:17 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Doms is good, will give good return but not eligible for the response received from applicants. After badly hitting by LIC many new investors were in dormant position and are active now due to TataTech. Role of our forum is also highly significant. Chittorgarh family Expect tough competition now onwards 💪
I applied IPO in SHNI category and lot size is 15 and SHNI subscribe by 67.65 times so How I will get alltoment. Is it lotary base same as Retail or who applied more lot in SHNI get first prioirty?
554.1. Basuvr| Link| Bookmark|
December 15, 2023 7:23:09 PM
IPO Guru (2000+ Posts, 1100+ Likes)
SHNI Allotment will be on lottery bases same as retail
कैसे कैसों को दिया है ऐसे वैसों को दिया है मुझको भी तो लिफ्ट करा दे थोड़ी सी तो लिफ्ट करा दे डोल्लर दे या पौंड दे दे डोल्लर दे या पौंड दे दे काश दे दे, चेक बना दे
I am new here, can you guide me on below query what are chances for allotment if i apply for maximum lots in retail category? which option is better to apply - maximum lots in retail category or minimum in HNI (small) category?
In retail category if ipo is oversubscribed than no matter how many lot you have applied whether 1 or 13 , you will be alloted only 1 lot. In shni category if alloted you will get 14 lots.
There is no extra advantage in single application of multiple lots in retail category of oversubscribed mainboard IPO. Go for SNII. If allotted u will get 14 or 15 lots as the case may be. In some IPO s it is 14 lots and in other IPO s it is 15 lots
13x application wise means 1 out of every 13 applicants will get 15 lots each. Remaining applicants will not get any allotment. Issue has been oversubscribed so there is no extra advantage to those who have applied for more than 71 lots in BNII category. I mean your chance of getting 15 lots is 1 out of 13 irrespective of whether you have applied for 71 lots or 80 lots or 90 lots etc. There will be lottery
547.5. AryanRaj| Link| Bookmark|
December 15, 2023 6:35:08 PM
Top Contributor (600+ Posts, 100+ Likes)
@Srt Sorry I mistook as sHNI. Comment removed. Kindly ignore earlier post.
I applied to DOMS for 1 sHNI lot in morning but didn't receive the mandate for it. As ASBA cut off timing was nearing I applied from ASBA after struggling with username and password issues. I applied and blocked amount from ASBA just before cut off. After 2 pm I got the UPI request and I deleted the UPI block request. Since it was HNI application, couldn't cancel the initial UPI based application. Will there be any issue because of this duplication of applications?
Note : From both methods I used the same Demat details for the IPO.
Thanks. But Does HDFC Bank Minor A/C have permission for online money transaction.
544.3. Bullrunner| Link| Bookmark|
December 15, 2023 3:32:08 PM
Top Contributor (500+ Posts, 200+ Likes)
After third party ben. This topic is talk of the town.
544.4. AryanRaj| Link| Bookmark|
December 15, 2023 5:49:36 PM
Top Contributor (600+ Posts, 100+ Likes)
@NewInIPO Yes. It is linked to gaurdian acc and you can do to and fro transactions from both acc.
I am using minor saving ac by indian bank with debit card so use upi method. No issue of transfer limit or daily, monthly limit. Broker is prostocks. Earlier used to open only minor but now hearing that both guardian and minor are required to open ac with prostocks.
544.5. AryanRaj| Link| Bookmark|
December 15, 2023 5:52:28 PM
Top Contributor (600+ Posts, 100+ Likes)
Contact your bank, if possible visit personally. Give written application addressing it to branch manager, give all the deails. Email to that specific branch all the details and cc that mail to the registrar to keep them in loop..
Talk to registrar too..
542. SONMAYA| Link| Bookmark|
December 15, 2023 5:28:25 PM
IPO Guru (1300+ Posts, 500+ Likes)
*DOMS*
Approx break up applications : @5.00pm As per NSE average
HNI above 10L - ~75,544(13.49x)
HNI 2-10L ~1,76,092(62.87x)
Retails - ~43,95,148(52.30x)
*INDIA SHELTER*
Approx break up applications : @5.00pm As per NSE average
@DSR Same situation is with me..I also applied through ASBA later on..just one question..do we need to reject the mandate? What if we don't accept mandate??does it make any difference? I Don't use UPI often..
What are overall application wise subscription for both Doms and Shelter?
539. Ankur Goel| Link| Bookmark|
December 15, 2023 3:17:05 PM
IPO Guru (1300+ Posts, 600+ Likes)
UPI mandates are taking time to appear in UPI app these days. We should avoid UPI for few days and use ASBA.
I faced same problem in TATA Tech, Ganhdar, Flair. Now same problem in DOMS and India Shelter. Mandate created in morning but not received yet on UPI app.
@Tejas Pandya@Ankur Goyal Any knowledge how to cancel bhim axis Upi mandate. When I chose cancel it shows mandate not initiated by you.
539.3. Smile✍️| Link| Bookmark|
December 15, 2023 3:38:03 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@Ankur Goel Ji and @Tejas Pandya Ji. I always prefer asba and recommend same. Zero chance of rejection and No "Zanzat" of wait of mandate. For those who are not handy with ASBA, my suggestion is apply early on day one and authorise mandates if you are satisfied
@Smile✍️ I always use ASBA but today I somehow got lazy and tried applying through one ipo app . I won't take any chance in UPI when there is still time for ASBA..
539.5. Sandapaul| Link| Bookmark|
December 15, 2023 5:11:36 PM
Top Contributor (300+ Posts, 100+ Likes)
Today my fund from prestonnic engineering gets unblocked at 2:52 PM, i was about to miss DOMS.... Agar UPI se kiya hota to fund sabse pahle free hota...
There might be possibility that UPI wale INOX me bhi laga paaye and ASBA walon ka fund block rhah jaaye....
I will prefer UPI now, though need to apply early not on last day last hour 🤣🤣
539.6. Smile✍️| Link| Bookmark|
December 16, 2023 9:23:46 AM
IPO Guru (1800+ Posts, 1100+ Likes)
@Sandapaul Early refund in UPI vs Early refund in ASBA. Both are myths. My experience when name change in PAN n Bank UPI in rest ASBA still best'
539.7. IpoZINDAHAI| Link| Bookmark|
December 16, 2023 9:39:17 AM
Top Contributor (300+ Posts, 200+ Likes)
Well the refund depends on the Bank.
In my experience, HDFC is mostly the last one to start debits. Even SBI does the same.
So mainly depends on the Bank rather than ASBA and UPI.
But yes, the debit first starts with UPI and then ASBA.
Also, UPI vs ASBA is a moot point for HNI since only ASBA is allowed.
539.8. Smile✍️| Link| Bookmark|
December 16, 2023 10:52:37 AM
IPO Guru (1800+ Posts, 1100+ Likes)
@IpoZINDAHAI "Yes" role of bank is dominant and "Yes" bank in quickest among I handling