One out of 3 Bhni. Also one out of 3 in bansal wire. The last allotment was in adhar housing finance (again one out of 3 bhni) which is one of the few i retained. Otherwise it has been a drought on allotments in the quarter gone by with nil allotments in almost 25+ ipos( both mainboard and sme- with allocated funds of abt 60 lac through three DP accts in each). These two will most likely be sold on opening day or thereabout i feel. Any suggestion on retaining these two- pls advise with strong rationale which i could not find basis my research
364.1. Seth.| Link| Bookmark|
July 21, 2024 5:23:29 PM
IPO Guru (1200+ Posts, 600+ Likes)
Hey Adesh, you mean you got 1Bhni full lot i.e. 994 number of shares? Asking because, I have applied same ipo in 3 Bhni, but I could get only 210 shares(i.e. shni lot)
why it is so? Anyone else who can answer will be appreciated :) Thanks.
Alloted shares in BHNI but alloted 210 shares only is it correct or recv more than 210 shares. Plz clarify if any
363.1. Chhote Lal| Link| Bookmark|
July 9, 2024 5:35:50 AM
IPO Mentor (5800+ Posts, 4100+ Likes)
@Binit aDalmia Yes, it is correct. Even though the bHNI category has a minimum subscription amount of Rs 10 lakhs, in case of oversubscription, shares worth Rs 2 lakhs are allotted (the minimum NII bid amount). This is similar to the allocation for the sHNI category. Congratulations 🎉 and Best Wishes 🍀