I have applied 2 ipo through Kotak ASBA ..1 with my pan and other from my minor daughters pan. I have made payment of both from my 1 account. 2 application numbers being generated . I want to know whether paying from 1 account amount to rejection?
For Retail Category, Is applying 13 LOT instead of 1 LOT gives better chance for allotment ? Or is the chance same for retail application irrespective of LOT ? Thanks.
143.1. jay here| Link| Bookmark|
October 6, 2022 10:48:28 AM
IPO Mentor (700+ Posts, 500+ Likes)
In an oversubscribed IPO either you get 1 lot or 0 so chances are same if you apply either 13 or 1.
FILED COMPLAINT FOR LINKNTIME "I HAVE APPLIED TWO APPLICATION FOR IPO AXXXXX RAMESH KUMAR JAIN AND B XXXXXX RAMESH KUMAR JAIN HUF BUT WHEN I CHECKED MY STATUS OF ALLOTEMENT ON LINK INTIME INDIA PORTAL FIRST MY INDL PAN CARD SHOWS TWO APPLICATION IN DIFFERENT NAME RAMESH KUMAR JAIN AND RAMESH KUMAR JAIN HUF A SCREEN SHOT IS ENCLOSED HOWEVER IN HUF PAN CARD AAHHR8762B SHOWS NO RECORD FOUND. I WANT TO KNOW WHY THIS TYPE OF PROBLEM ARISEN IN MY APPLICATION OF IPO OF HARSHA ENGINEERS INTERNATIONAL LTD. I AM APPLYING WITH BOTH PAN AND ALSO RECD.ALLOTMENT OF MEDPLUS HEALTH SERVICES WHICH WAS HANDLED BY REGISTRAR KFIN TECHNOLOGIES PVT LTD. I HOPE YOU WOULD LOOK INTO THE MATTER"
@all CG fellow friends,members and experts, Happy Dussehra to each and everyone and their families,may Almighty bless u all in getting allotment and overall well being of yours and yours families.
I've 19 lakhs to deploy,plz somebody suggest how to apply for max chance of allotment,it's going to be second Harsha I think, Thanks
@Smile, Thanks buddy,but I didn't get why I've to search partner for remaining? I only have 5 accounts and also sHNI is 5% only and retail 35% of issue,so would it be beneficial 1 bHNI+4 sHNI OR 1bHNI+4 retail
138.3. Smile.| Link| Bookmark|
October 5, 2022 8:20:38 PM
IPO Guru (1600+ Posts, 900+ Likes)
1. If you have funds n issue is sureshot profit making can use friends account n if alloted share profit. 2. Whether retail or sHNI, lottery is fixed so I prefer 2nd; lottery of 14 lots, final decision will be as per mindset.
I have 2 demat- upstox and zerodha, same PAN and same Account No.. can i apply through both the demats? 1) asba with upstox 2) UPI Zerodha will both the applications be rejected or one of them is considered? please help
@COOPER, Multiple bid is for bidding at different prices. However there is no point in bidding less than upper band in oversubscribed IPO. So quote one bid at upper band.(59). In Retail select cutoff and for HNI - Rs 59
Is anyone experience same as I had... Whenever there is good IPO there is error while blocking fund via UPI...such as even with correct pin msg popup as wrong one and payment get rejected...another while you applied one application in UPI it's shows two notification for payment in UPI and if u approve any one of them ur fund gets blocked but application prompt there is no fund block and get rejected
133. Smile.| Link| Bookmark|
October 4, 2022 10:15:14 PM
IPO Guru (1600+ Posts, 900+ Likes)
If sHNI get subscribed for 40x, then with 10L you can place 5 applications. "Probability 1 out of 8" If bHNI get subscribed for 40x, then with 10L you can place 1 applications. "Probability 1 out of 8" Need to think.
Concentration in south India and the probability of losing the "Bajaj' trademark make me cautious about Electronics Mart India (EMI) and its future. But it's one of the rare IPOs which has zero red flags in terms of valuation, growth history, IPO structure (no OFS). The overall positive sentiment within and outside Chittorgarh will work wonders for this, which is partly evident in the GMP and first day subscription fig.
0/11 red flags. I'm applying to gain 1 retail lot. Thanks and keep crowing!
Dear seniors, for 9 BHNI applications, please suggest the best strategy to get allotment. Should I go for minimum bHNI application or try playing with the number of the lots?
127. Bullrunner| Link| Bookmark|
October 5, 2022 12:12:52 PM
Top Contributor (400+ Posts, 100+ Likes)
35% retail. So better chance of allotment in retail then shni.