186. ipo share| Link| Bookmark|
January 31, 2018 9:51:40 AM
IPO Guru (1600+ Posts, 800+ Likes)
@ Anarchist. I fully endorse your view but at last truth always wins. Don''t know when. Delay in our win is only due to our inactiveness. We always blame our luck for wrong deeds of strong people because we do not have self belief and leave everything to others. It is not by luck only that some people are never getting any allotment though applying in almost every IPO. Simple play of few big fishes.
Till now I have not got allotment for any IPO, I have applied for almost 20 IPO''s. got GICRE, ICICIGI, SBILIFE. except these waste stocks I didn''t get for any other good IPO''s
you got those because of low demand. same case with me; fraud cannot be ruled out but i feel our luck should matter at thia time of ipo. apply - hope and rest all lies with luck.
In a population of 130 crore people, 15 lakhs applications is far too low number!! It''s going to increase in future and allocation will be more tougher..
One of the promotor associated with a failed listed HICO Products. Any ways S&P down abt 1%, could recover by end if not market will get whacked tmr also which could dent subscription
IPO allotments should be audited and scrutinized by a competent authority (Preferably international) with expertise in uncovering lottery, casino related transgressions and the registrars including Karvy should welcome the move if they have nothing to fear about ....
Inspections should be carried out to check to see if similar set of people have gotten lucky over and over again and such instances must be regarded as the alarm bells for deep, delving investigation.
Contrary to the public opinion I have had issue with Linkintime and Bigshare, and not with Karvy. I don''t recall of not getting allotment when registrar is Karvy. Some of the IPO''s in which I haven''t got allotment is below, they were managed by Link or Bigshare.
MasFin Apollo Salasar Astron
175.3. ipo share| Link| Bookmark|
January 30, 2018 8:49:26 PM
IPO Guru (1600+ Posts, 800+ Likes)
@ Anarchist Very good suggestion. Let retail investors send this suggestion to SEBI, Finance Minister and PMO along with their grievance of non allotment continuously in series of IPOs to stop this biggest joke being played with innocent retail investors. I am sure this is a joint fraud of concerned Company, Registrar, Merchant Bankers. Let us join to get back our due share.
@. ipo share Absolutely!! .I''m of no two minds about the simmering fraud therein. It''s funny how a handful of people keep ridiculing a massive pool of applicants to the core. An RTI inquiry requiring the registrar to provide a complete list of successful allottees in all the past issues handled by them must be evoked. A computerized scrutiny of such data must reveal the names of those who have been lucky as hell...
Right It is to be think why some house buy application at some rate. While some buy against allotment, when I asked this type of house, they reply their will be more chance if you sell application against allotment. This clear saw some fraud. Sebi should do something.
@ rsk True that...but then let''s be cautious with anologies mate.. .We don''t want people responding with '' It''s also like the ruling party screaming about a scam that never took place" do we? ..:-)
It is surprising that QIBs are in full force from Ist day and Retail Investors are in cautious mode. Retail subscription near to 2 times while QIBs are about 11 times. While QIBs jump on the 2nd half of last day. Kahi phir se RII ko trap to nahi kiya ja raha hai. Koi khichadi to nahi pak rahi between company and ????
@. v for vendetta Hey! That sounds great..But if I were as lucky as you with the operator as incorrigibly vicious as Karvy, I would try a hand at some serious gambling instead of stopping short at IPO investing. I suggest you too try it someday..
172. ipo share| Link| Bookmark|
January 30, 2018 9:31:43 PM
IPO Guru (1600+ Posts, 800+ Likes)
@ Anarchist. You have made perfect assessment against Karvy as Registrar. They are master in rigging. They are cornering retail quota for specific investors. Must do something to get it banned as Registrar again Pl suggest.