211.1. Amit Chheda| Link| Bookmark|
November 12, 2022 10:44:45 AM
IPO Mentor (800+ Posts, 900+ Likes)
22.
Hope it gains momentum by listing day.
210. lokes| Link| Bookmark|
November 11, 2022 7:29:29 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Bad luck for me here in allotment.... no allotment in my retail full application.... Application number and pan number not showing any status on kfin website. applied with rbl bank asba, no idea what mistake they did, looks like not uploaded to exchange properly. In application status in mobile app, now its showing as "application forward to exchange" . i have called them and raised complaint, lets see if they will resolve or not, else i will close my bank account with them simply.
Sir, They have not bidded our applications to exchange and also blocked the amount for full time. I will make a claim of listing day high to them of full allotment of shares
210.4. UjwalG| Link| Bookmark|
November 11, 2022 9:25:46 PM
IPO Guru (1300+ Posts, 600+ Likes)
@lokes there is a msg in this page from a person name @sharekhan broker, he notified on 9th nov that rbl bank hasnt submitted application. I dont know how he knew before allotment
He knew before allotment because in check application status window it shows Bid Reference No. : NA instead of Bid Ref No., Hence it is the proof on not bidding of our applications due to negligency of RBL Bank. Hence we claim from RBL Bank full loss amount due to bank's mistake.
I am also facing the issue with my BHNI application through RBL bank for Bikaji IPO. It is showing "not found" with IPO registrar. I raised the complaint with the bank but do not expect much from them. It seems to be bigger issue as many have same problem with global, Bikaji and technopack IPOS. what can we do collectively?
Same for me too. Application number and pan number not showing any status on kfin website. applied through ICICI direct. First time status on ICICI direct is application rejected.
Tatva chintan pharma ipo मे मेरे साथ एसा ही हुआ था,मेने केनेरा नेटबेंकींग से तीन एप्लीकेशन की थी और एमाउंट ब्लोक हुआ था, फिरभी दो मे " NO RECORD FOUND " दिखा रहा था,पहेले मेने LINK IN TIME का ई-मेईल से रिप्लाई लिया फिर केनेरा बेंक मे लेखित मे एप्लीकेशन दि,उसके बाद SEBI SCORE मे ओनलाईन कंप्लेईन दर्ज कि, ६ महिने बाद मुजे दोनो एकाउंट मे 650 Rs. का वळ्तर मीला,एकाउंट बंध करनेसे बहेतर ये प्रोसीजर करनी चाहिए ताकी किसी और के साथ एसा ना हो.
It happened to me with pnb once, even though i applied at 1 pm itself my application was not submitted and it didn't reflect in registrar site. I was worried about unblocking but next day itself money was released so i didn't care about non allotment because it was oversubscribed.
210.14. lokes| Link| Bookmark|
November 13, 2022 5:09:24 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@baaz @peter : i didn't applied at last minute, i applied at 2.30pm, i have mail also from them for asba application....and this time its some technical issue at rbl on that day since it happened with many people and with all ipos closed on that day as people posted for bikaji and technopack too... @ketansp: for individual instance like you mentioned bank may give some compensation but for so many people and for multiple ipos, i don't think so they will give, already they are with bad financials, anyways i have done complaint already, lets see if they do something or not...
@Lokesji आगे कोमेन्टस मे मेने जो बताया उसके बाद केनेरा बेंक ने अपनी वेबसाईट अपग्रेड कर ली,अब आईपीओ एप्लाई करते ही तुरंत सकसेस का मेसेज आ जाता हे और आधे घंटे मे NSE से रिसीव का मेसेज आ जाता हे,
आप तो IPO GURU हे आपकी कोमेन्टस से मेरे जेसे छोटे ईन्वेस्टर को फायदा होता हे.... आभार.
@ keTanSP - RBL is just simply giving an Apology . this is not the first time , i am facing issues in Multiple ipos ( KCK , Bikaji , Techno and 2 more old issue ) . what is the process/ Procedure to complaint it to Sebi or RBI Ombudsman. Thanks in advance.
@ c.dinesh सबसे पहेले IPO Apply का प्रुफ और IPO Registrar का जवाब और लिस्टींग गेईन का स्क्रिन शोट की प्रिन्ट के साथ बेंक मे मुजे वळतर मिलना चाहिए एसा लिखित मे कंप्लेईन दो और उसकी True कोपी अपने पास रखो ,
बेंक की और से वळतर या रिप्लाई ना मिलने पर ३० दिन बाद https://www.scores.gov.in/scores/Welcome.html यहा ओनलाईन कंप्लेईन दर्ज कर दो या RBI Ombudsman https://cms.rbi.org.in/cms/indexpage.html#eng पर कंप्लेईन दर्ज कर दो, दोनो जगह से रिप्लाई जरुर मिलेगा,कंप्लेईन केसे करे उसका विडियो आपको यु ट्युब पे मिल जायेगा, याद रखना लिस्टींग के ३० दिन बाद आप कुछ नहीं कर सकते..
Same happened with me also. Application no 002E31510001652. Can anyone suggest what to do? What could be the reasons for non allotment.
210.24. lokes| Link| Bookmark|
November 16, 2022 11:01:27 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@keTanSP: thanks for sharing your experience and process....its well needed now...will follow the same and will not leave bank to get away easily.... @arvindarvind : yes its good to hold for medium to long term...partial profit can be booked around current levels since already listed good enough and may go down little in short term...i gave my view in below post... https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1330&c=556184&ap=0
@keTanSP - Thanks for sharing the process . I have got confirmation from Bigshare for Techno as follows " Reference to the trail mail, we regret to inform you that the mentioned Application BID was not received due to intermittent technical issue at the Bank’s end. Lien amount has been unblock from your account for the mentioned IPO." I have contacted Linkintime for Bikaji and a ticket has been opened . Once i get the confirmation from Linkintime, i will raise this complaint with RBL in person and follow the process as you said . Thanks again for explaining the process.
I MOVE CONSUMER COURT TODAY FOR MY LOSE AGAINST RBL BANK
210.28. lokes| Link| Bookmark|
November 19, 2022 4:02:40 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@c.dinesh: did you got reply from linkintime? Today i went to rbl bank and submitted written complaint and they have lodged complaint in system also and gave me customer copy. Lets inform here if anyone get any resolution or reply from rbl bank
Attn : Lokes sir, I too subscribed for the IPO of Global Health through RBL Bank Asba on 07.11.22. I received ack from RBL Bank advising me about blocking of the amount, appln no, bid quantity, bid price and bid amount. I applied for 1 lot under retail portion. Normally once the amount is blocked and after advising the application number, bank will intimate bid reference number, but In this case I did not received the bid reference number which I failed to notice. Once the allotment was announced, I checked the status of allotment with the help of appln number/pan number upon which the system displayed a message that those details are not available in their records. Immediately I lodged a complaint with RBL Bank by email and took up the issue with the company and registrars also. After a couple of days RBL Bank person called and informed that my application could not be executed due to technical issues at their end and apologized for the same. Then I requested him to confirm the same to me by email which they did. Registrars asked me to furnish pan number, demat no and application number and on furnishing the same confirmed that my application number was not available in their records. The company has not replied so far. Here the entire lapse rests with the Bank. Had my application was bid properly in the stock exchange by the bank, I would have got allotment definitely, since the retail portion was undersubscribed. On the listing day the scrip price opened at Rs.401 on NSE. Even if we take this price there was a monetary loss of Rs65x44= Rs.2860, per lot. I contacted toll free no of SEBI and explained the issue for which they replied that such issues cannot be complained in SCORES against the bank, since the bank is not a SEBI regd intermediary. It appears that the 2nd option is to lodge a complaint against the bank with Banking ombudsman. Members may please enlighten on this issue.
RBL bank is useless with no service support.Do use ASBA of RBL as many times bank do not submit application to Nse /bse .Third party facility is there but they reject application without sending to BSE/NSE .I had very bad experience and since then stopped using RBL asba .
210.32. lokes| Link| Bookmark|
November 28, 2022 5:15:01 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Today i got compensation from RBl bank credited in rbl bank account for retail full application as per NSE listing price of 401....mail came...it was proper and faster resolution from them....normally any institution delays in such things...
Dear Customer,
Greetings from RBL Bank! This is to inform you that your account XXXXXXXXXXXX is credited with INR 37180.00 on 28-11-2022 16:24:19 ref MEDANTA IPO - COMPENSATION.
@Lokesh, wondering if this compensation is tax-free, in which case it may have yielded you a better return than just listing gains 😀. Although, Medanta has gone much higher now if you were planning to hold it for longer. 🙏
Bikaji application also nod bidded by RBL Bank and fund is still unblocked. RBL bank is not reliable for IPO and requesting lokes to claim the loss from RBL Bank Due to non allotment
Rbl bank is worst bank ever Due to rbl bank 15 applications in syrma , harsha , emil and dreamfolks was rejected under third party rejections. Rbl bank didn't bidded my applications because of third party
208.3. svh| Link| Bookmark|
November 14, 2022 8:08:10 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Long time ago I remembered when there were multiple IPOs at a time , Union bank submitted one of the best IPO's first two days application but did not submitted last day's application. This issue was raised by Anil Singhvi when he was working for CNBC. On allotment day , many forum members enraged on Union bank as they missed good IPO due to bank's mistake.
What is wrong with RBL bank? Lots of bugs is their system, I have deactivated rbl credit card because of false charges 2 month ago, but they are still sending me statement of charges+interest, kya golmal hai?
208.5. lokes| Link| Bookmark|
November 15, 2022 10:48:05 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i got call from rbl bank for my complaint for global full retail application not bidding to exchange and they just informed that "it was some technical glitch at their end and lien amount is released now which can be used further" and when i asked about compensation he told team will check.... @gnaman: yes with me also, multiple times it happened in rbl with third party application, in allotment , it rejected many times saying third party application, they should not even allow to add third party applicant if they specifically mentioning.....
Congratulations to all the allotees. Got allocation 2/2 in Retail Company is Good. Financials are healthy. Objective of IPO is to pre-payment of loan.. Health care sector is Good Investment. Definitely should get listed in positive. If listed in Negative, I will accumulate more as my time horizon is 2-3 years
As per prescribed rules there shouldn't be any third party allotment but still still people are getting allotment. All luck. Axis Bank have started debiting accounts.
202.4. Sinewave| Link| Bookmark|
November 11, 2022 11:15:04 AM
IPO Mentor (600+ Posts, 300+ Likes)
I got allotment all third party from Axis Bank ASBA
Yes, I got Global via 3rd party UPI Applied 20 in DCX got zero via asba Applied 22 in EMI got zero via asba That's, why I thought that 3rd party is blocked
202.9. antarix| Link| Bookmark|
November 11, 2022 6:17:02 PM
IPO Guru (1200+ Posts, 800+ Likes)
It seems that for over-subscribed IPOs, registrar follows the rule of 'No 3rd Party allotment' whereas for under-subscribed IPOs, they just forget and allot to whoever is applying.
I have applied as a retail investor with 13 lots at a price of 319(not cut-off) each...retail portion only subscribed 0.88 times but I still have not received the allotment...what could be the reason?
in cut off price below 336 not taken in for allotment
201.5. antarix| Link| Bookmark|
November 11, 2022 6:11:18 PM
IPO Guru (1200+ Posts, 800+ Likes)
@Divyesh: For example where other categories like QIB and HNI are also not over subscribed so that un-filled retail quota is not transferred. Say QIB is subscribed 1 times, HNI is 95% and Retail is also 95%, in that case everybody gets shares at the price he applies in the price band.
201.6. antarix| Link| Bookmark|
November 11, 2022 6:13:41 PM
IPO Guru (1200+ Posts, 800+ Likes)
I applied and got 132 shares at 336. I chose higher band considering the QIB and HNI portion were oversubscribed.
197.2. Pandit Ji| Link| Bookmark|
November 11, 2022 1:19:46 PM
Top Contributor (400+ Posts, 200+ Likes)
572 shares applied via ICICI Direct, still blocked firm allotment as retail portion was undersubscribed, but allotment still not done, may be by evening today
i have got money debit message for ICICI bank by 11:0 AM, applied using UPI
197.4. Pandit Ji| Link| Bookmark|
November 11, 2022 3:39:58 PM
Top Contributor (400+ Posts, 200+ Likes)
update
Amount for 572 shares applied via icici direct debited in ICICI
197.5. pRACE| Link| Bookmark|
November 11, 2022 3:48:49 PM
Top Contributor (200+ Posts, 100+ Likes)
Money debit message not yet received, but unblock message received early morning, but i checked on kfin website that i have been alotted, also checked icici a/c online money debited yesterday itself.