*GR INFRAPROJECTS LTD* *LAST DAY SUBS.FIGURE AT 05:00 P.M.* QIB 168.58X** NII 238.04X RII 12.57X *OVERALL 105.46X* Excluding Anchor Total No.of RET.FORMS : 23,80,229 *Apps Wise : 10.25X*
*GR INFRAPROJECTS LTD* *FOR HNI/NII GET 1 LOT OF 17 SHARES* IF THEY HAVE MADE A BID OF 4,047 SHARES (RS.33,87,339/-) & MORE Interest cost @8% (7 Days) for each share Rs. 310/- only *LISTING ABOUT = 837+310= 1,147/- and more*
Wanted to check one thing, Suppose if in retail quota ipo has subscribed to 10 times and i have applied for 13 lot(~2lakh), Will i get confirm allotment?
No retail category works as a lottery system. Number of lots doesn''t matter. 1 application means very low chance of allotment when IPO has been subscribed more than 10 times. Even if you get allotment you will only get 1 lot. money for 12 lots will get refunded
Today as my SBI account not worked, I have applied for GRIL through UPI ASBA using my BOB account which was not registered with ZERODHA , after applying I noticed this and I added that account as secondary in ZERODHA now my application will be accepted / rejected ?
your bid amount is less than cut off price, your application may be rejected. if issue is oversubscribed, Shares will be allotted on Cut off Price only, @Gurus may correct me if i am wrong.
210.3. lokes| Link| Bookmark|
July 9, 2021 5:46:12 PM
IPO Guru (4400+ Posts, 5100+ Likes)
if your bid price is upper band price (837 in GR in 900 in CST) then your application will be considered and shares will be allotted even if you dont tick cutt off option...but if your bid price less then 837 and 900 then you wont be allotted any share
Hey , can anybody help me out here ,, Yesterday I approved the upi mandate for GR IPO and money was also blocked but still in IPO application status its showing transaction - pending unlike Clean IPO status , showing transaction - Success.
208. Eagleye| Link| Bookmark|
July 9, 2021 5:34:37 PM
IPO Guru (6600+ Posts, 22000+ Likes)
if I can apply for 360 lots, should I apply in NII for only one company (Clean Sc. OR GR Infra) with full force or divide 200 & 160 between two? And if one company which one Clean Sc. & GR Infra ?
206.3. ipostonks| Link| Bookmark|
July 9, 2021 12:38:33 PM
Top Contributor (300+ Posts, 200+ Likes)
@Avenue Apply 359lots in clean science and 1 lot in GR. Estimation of oversubscription for Clean science is less and hence you’ll get more shares in Clean science as compared to GR.
Hi, I have applied to this IPO under HNI category for the first time. I just want to make sure that the way I have applied is correct. I used HDFC ASBA to apply and have bid at 837 rupees for 255 shares (15 lots). To get allotment under HNI should I bid higher than 837 rupees, I read somewhere in this forum that for HNI the bid value has to be higher than cut-off. Can someone please confirm. Thanks in advance.
If it gets over subscribed by around 200 to 250 times as expected u need to block around 30 to 40 lakhs, in case if it subscribe above this u need even more money so better apply through Retail with multiple PAN for different demat with 1 lot only
203.3. Dowg| Link| Bookmark|
July 9, 2021 3:28:58 PM
Top Contributor (300+ Posts, 100+ Likes)
Most probability of you getting allotment under HNI is 1 out of 100, if you want confirm allotment under HNI aplly for 200 lots.
Also no one can bid more than upper band of price.
203.4. lokes| Link| Bookmark|
July 9, 2021 3:29:39 PM
IPO Guru (4400+ Posts, 5100+ Likes)
you need to bid at 837 rs only, not higher.....in hni category....btw for such small application in hni, you wont get any allotment so cancel your bid and apply from retail category
Probability of getting via HNI is not 1/100. HNI already applies for 14 lots least. So, the probability gets multiplied by 14. For 140x subscription, its (1/140)*14 = 1/14 You can increase probability by increasing money by say 5x i.e 10lakh, proability will be (1/14)/10
203.7. Grow India| Link| Bookmark|
July 9, 2021 3:56:10 PM
Top Contributor (300+ Posts, 100+ Likes)
Experiment kar rahe ho to dekh lena chahiye 1 baar
Vaise retail me hi benifit hai. Hni to mote paise walo ka kaam hai. Or ab bhi aap lottery system me aaoge or retail me bhi lottery to 2 lac lagane ka koi matlab nahi.
Or ha hni me lottery me preference jyada wale ko milti hai shayad
Can anyone please tell, how many maximum retail applications I can apply from single SBI bank account, for different Demat accounts through ASBA service? Is it 3 / 4 / 5 ?
you can apply max 5 applications from different PANs in SBI netbanking in a single day. Some doubts i do have. Can it decrease the allotment chances when applied 5 applications(different PAN) from SBI ASBA??