Earthstahl & Alloys Limited IPO Message Board (Page 6)

My yes bank lien got removed on Saturday itself. RTA must have informed all banks together.

Talking about upi..was your application through upi or asba?

@Kapz, BoA mention details of 292 lots after 25 lots. Does this mean whoever applied any number of lots between 26 - 291 was not even considered for lottery and hence did not got any allotment.

I applied for 30 lots and along with me there were 5 other applications of 30 lots each but none of us got any allotment

@AmitK IPO, they have published a limited BoA not providing any details of applications and allotments between 25 and 290 lots. Registrars sometimes do it when the range become too large for them to publish (they claim for privacy reasons but in my view they just are lazy or there’s something fishy in their allotment process).
For your 30 lot application, based on 445x NII oversubscription, there was a need of at least 15 applications to qualify for lottery. You are perhaps only aware of 5 applications mentioned on the forum, but I’m sure there would have been more than 15 applications for 30 lots. It’s just that the 5 people you know of didn’t get the allotment, others might have.
That’s why I mentioned, unfortunately, limited BoA doesn’t allow us to know true picture or learn anything from it. You may write to the registrar requesting details of application stats made for 30 lots and understand the allotment ratio. I’ve done the same for my 63 lot application as I didn’t get an allotment either.
Hope this helps.

@Kapz, Thanks for the detailed response and clarification. It is quite helpful.

@AmitK IPO, just FYI, received response from bigshare today regarding allotment for 63 lot size applications. They informed 1 of 10 applicants received an allotment, I was one of the 9 who didn’t get.
Did you write to them and get any response?

short term - earthstahi
Long Term - Chaman.

Apke muh mein Ghee-shakkar monster Bhai🙌

Hos

15-17 or 16-18

Told you so🤣🎉🥳

79.5+ with UC...
Don't sell