Gala Precision Engineering Limited IPO Message Board (Page 10)

I was talking about the money that was blocked not the allotment. Phonepe blocked the money even after cancelling for the application from the trading app.

jis amt ka mandate apne acept kr liye phone pe pr ab wo sirf ipo out hone ke baad hi release hoga

Thank you for the update.

#RBL #HUF
Can any expert suggest if RBL bank HUF account support IPO applications? Which account variant and MAB requirement need to be opened. Is IPO application possible via website or do they have mobile application for corporate banking? TIA

U should be able to add multiple Demate account details... I can see 3 accounts from my cust id and I have added 3 respective demate accounts..
U should try tomorrow again and it should add if there is 24 hours restriction like RTGS... otherwise better to visit a branch and ask them to do it...

​@RPM Thank You Very much for your response bro 🙏 I will try tomorrow..

Can I open huf bank account in sbi it support ipo apply and net banking please suggest me senior members

Yes, SBI HUF account support IPO apply and netbanking via corporate banking. However, avoid SBI and try BOB, HDFC or any other bank.

Applied Multiple Retail FF.

No allotment here as expected

Applied with FF.

FF means?

FF is Full Force,
with all possible accounts available, all possible funds available.

Wrongly applied twice in this ipo. One through BHIM and another through SBI YONO Light. How can I cancel one application. Asked at bank, don't have option to cancel. Same replied the person who sends BHIM mendat.
Please suggest

After Allotment

i don't think mandate once approved can be cancelled so money will be blocked till it gets unblocked. Only thing can be done is to cancel the retail application from the broker app. I did it once from Zerodha kite app.

In canara bank shni bidding in ind-noh or ind-nib category?
Anyone know please comment

For canara bank SHNI/BHNI

SELECT - IND-NIB

​ @rounak ranka @Smart retailer Thanks sir

Signed up for 2 retail from grow but had to cancel application from the app but approved from the payment gateway phonepe and they accepted it. Any idea when will the money be refunded?

How allotment Process took place ..in Over Subscription ...

Those who are applying, react here.
👍

Retail 1 lot me apply kiya hai mil jaye to bdiya wrna kl unblock ho hi jayga amt

4- SHNI, 3- Retail

I use ICICI Direct to apply for IPOs. I do have a facility to add Bids (Max 3) . i.e. it allows to add two more Bids after adding first Bid by clicking on "Add Bid" I want to understand whats the significance of this Addiotional two Bids . I used to apply with one Bid (with the highest price) , so if i apply for another remaining two bids as well will it increase chances of allocation. Can some one clarify on whats the significance of Bids

​@chandy IPO price are normally in price band. For example Gala Precision 503/- to 529/-. IPO applicants are asked to chose amount of their wish with no of shared bid or. That is the reason you're seeing "add bid". As in you bid for 503/- and another lot of any price of your choice. During allotment if company chose cut off price of each share at amount of your choice - your application is given shares.

However as IPO are in high demand and nowadays In practice everyone selects the higher price band as cut off.

There is much more in IPO price banding if you want to know - would recommend to do our own reasearch to understand.

Happy IPOing

bhni retail barabar dekh liya aaj zindagi mein..

श्रीकृष्ण ने अर्जुन ही नहीं मनुष्य मात्र को यह उपदेश दिया है कि 'कर्म करो और फल की चिंता मत करो'। फल की इच्छा रखते हुए भी कोई काम मत करो। जब इच्छित फल की हमें प्राप्ति नहीं होती है तो हमें दुख होता है। अतः सुखी रहना है तो सिर्फ कर्म करो और वह भी निष्काम भाव से।

Radhe Radhe

Application wise approximately..

which website can check above information ??

​@Vimal Garodia Thank you for posting application wise subscription details....keep posting.

Applied 3 Retails.

3 applications applied.

Dear Experts, I have a query for SHNI and BHNI category. If i apply in SHNI with 67 lots (Max lots) and SHNI subscribed 67 times only, then will i get 1 lot for sure, right ?? Similarly If i apply under BHNI category with 100 lots and BHNI subscribed 50 times only, then will i get 2 lots for sure, right ??

​@RaviPoddar No, this understanding is NOT correct. In mainboard IPOs, single lot or multiple lots are weighed equally through lottery in an oversubscribed issue. If you apply 67 lots and other person had applied just 14, it is also possible that one who applied 14 gets allotment of 14 lots and you too gets 14 lots if lucky or maybe nothing if unlucky.
In case of bHNI, even though application amount is Rs 10L, shares worth Rs 2L (similar to sHNI) gets allotted if selected in lottery in an oversubscribed issue.
There is no confirmed or guaranteed allotment here.

Thanks a lot.

Please confirm below understanding -
For sHNI, chances of getting allotement is same (i.e. lottery) for a person applying from 14 lots to 67 lots. In the size of 14 lots. right?
For bHNI, chances of getting allotement is same (i.e. lottery) for a person applying from 68 lots to 1000 lots. In the size of 14 lots. right?
In this IPO, even if i apply for 10000 lots under bHNI category, i may get only 14 lots only on lottery basis, right?

Anyone with 120 lots???

No one..😄

Shu karyu Premier ma.... Hu toh Rs 4 mate rai gayo Rs 998 e lakhavya ta.... Have ghar jamai...

Employees 🧐🧐🧐

Is it make any sense to apply for Retail(Max)-13 lots in this case where its oversubscribed?

If oversubscribed & You are lucky enough then you will get 1 lot irrespective of lots applied.....
Disclaimer: u have to apply minimum 1 lot at least...........

No

Worth applyinbgapplying in HNI segment or not a good IPO?