4/6 BHNI, 1/3 SHNI. As pointed out earlier by someone, instead of just discussing the allotment, we should also post our listing day strategy.. I will be surely looking to exit entire allotment on the listing day (hope to get 30+ GMP) 🤞
I have got one allotment surprisingly. Lot of my friends or known people have not got the allotment, even though they applied via multiple accounts with different PANs. This is strange for me as the issue was not so much subscribed.
Anyways, my strategy is to exit on listing, irrespective of positive or negative listing
458.1. Chhote Lal| Link| Bookmark|
May 22, 2024 10:24:29 AM
IPO Mentor (3000+ Posts, 1600+ Likes)
@Dhiraj Ramchandani Congratulations 🎉 Allotment in oversubscribed issues is based on just one factor : Luck This time fortunes favoured you, nothing else to be construed for non-allotment to others. Best Wishes 👍
Sir, I understand the luck factor. I am surprised, as this is new in my experience, lot many more people are complaining in such low over-subscribed for non allotment.
Chalo koi na, congratulations to all who has received the allotment.
If there is oversubscription, there is no point in applying for multiple lots in retail. You can get up to only 1 lot and that too will be decided by lottery.