@PSR, ideally it must be rejected. If in case, you get allotment, you may raise it to registrar.
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June 20, 2017 5:35:04 PM
IPO Guru (2600+ Posts, 3700+ Likes)
@ psr
Lottery system rejects automatically having more than 1 application with same PAN no. and DPID along with applications bidded at price lower than cut-off.
@Market Master... check comment no 245 by @gamble ... seems convincing to apply in this ipo... but check the later comments... its seems as if people are panicking and exiting from this IPO... what happened ? ... what could be the reason ? ... is there something that NII and QIB cannot see what gamble sir sees ?.... or is there something that NII and QIB see ... but we cannot and hence all exiting ?
The pessimism on here doesn''t cease to amaze me. I remember a movie, a very old one that my mother watched, '' Rudaali'' was the name. It had a interesting story line. Whenever someone prominent in a village was about to die, they would invite a bunch of women who had expertise in crying, making even the death a pompous occasion.
I appeal to the pessimistic lot to at least allow the person to die, I mean IPO to flop, list in discount and then we would be all ears :D