I am happy to note that intime has sent me a mail regretting non-allotment of shares. I find this good as this avoids unnecessary speculation & is from the "horsemouth" themselves.
Hi Guys, I have applied 8 lots for Future Group.But alloted nil. I dont know on what basis Intime Spectrum is allocating shares, but I get nothing even from past IPO's though I applied for max lots. Are they manipulating something ?
I am sure most of the persons here will not get the allotment. Remember not to apply in any such issue which issue size is less than Crore. Whenever the figure is 67 lakhs OR 75 Lakhs OR 83 Lakhs, it means 99% chance of not being alloted a single share. I have seen it for last few years. It is just blocking your money for nearly a month with 0 return.