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Happiest Minds Technologies Ltd IPO Message Board (Page 24)

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306. IPO Chittorgarh |   Link |  Bookmark | September 10, 2020 2:34:25 PM
I had applied through SBI NetBanking but where it's shows success lien in marked but not received any mail or message from bse for application.
306.1. DOWNEY |   Link |  Bookmark | September 10, 2020 3:55:48 PM
Don't Worry , May be tonight received bid detail
305. AjayKMali |   Link |  Bookmark | September 10, 2020 1:23:18 PM
Sorry Guys. Proportionate does not mean the calculation anybody has shown above. Please check allotment in SBI CARDS and IRCTC. In those IPO's as well HNI was set for Proportionate allotment. IN IRCTC, minimum bid that got allotment is 300 Crore. Anybody has applied below this, ,did not get any allotment.
Link for allotment figures.
https://www.chittorgarh.com/ipo_basis_of_allotment/irctc-ipo/1018/

IN SBI, under HNI category, right from lowest bidder got allotment but again it was allotted on lottery basis. Lowest bidder with 266 shares category got allotment with 12:37 ratio.
So Every 12 people out of 37 got allotment who has applied for 266 shares in HNI category.
https://www.chittorgarh.com/ipo_basis_of_allotment/sbi-cards-ipo/1025/

Disclaimer - Please go through links carefully. Understand figures and then comment. SO in both above IPO's, HNI was proportionate basis but in background alltoment basis was different. Calculation explained by others of proportionate does stand valid.
305.1. NAND KISHORE PARWAL |   Link |  Bookmark | September 10, 2020 1:44:13 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
You don't understand these technical details. So don't try to explain your reasoning.
305.2. AjayKMali |   Link |  Bookmark | September 10, 2020 2:22:12 PM
Explain your way Nand kishore.Parwal. If you have capacity to explain and if you understand it. Don't misguide people on your assumptions.
304. Johny |   Link |  Bookmark | September 9, 2020 3:43:05 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ Likes)
HNI 325.61x Anyone applied for 326 lots or 48.65 lacs will get at least 1 lot.
304.10. Simsa |   Link |  Bookmark | September 10, 2020 12:58:31 PM
girishkumar, you are absolutely spot on!!! One requires some logic & maths knowledge to understand this. So if you have applied through HNI you get proportionate share

You will receive =
(6,343,513 /351.46) X number of shares you have bid for.

So i request few people on this board to brush up their skills before investing in the market rather than to throw any random figures.
304.11. Simsa |   Link |  Bookmark | September 10, 2020 1:06:05 PM
correction on figure missed
formula should should be
6,343,513/(351.46)*6,343,513* number of shares applied
that is
(1/351.46) * number of shares apllied
303. Simsa |   Link |  Bookmark | September 10, 2020 1:05:00 PM
correction on figure missed
formula should should be
6,343,513/(351.46)*6,343,513* number of shares applied
that is
(1/351.46) * number of shares apllied
302. Abhishek Mehta |   Link |  Bookmark | September 9, 2020 4:57:30 PM
Hi I have Joint Account in Axis Bank with my wife.
Can I apply for IPO In My and Wife name from same account ?
Means 2 applications from same account for 2 difference D Mat account
302.5. Happy KHR |   Link |  Bookmark | September 9, 2020 7:24:16 PM
No .only first account holder.
302.6. Abhishek Mehta |   Link |  Bookmark | September 10, 2020 1:02:10 PM
I have applied through Axis bank and my application status on BSE site is still showing as no records found
is there any problem with Application
301. ???????????? IPO CALLING ???????????? |   Link |  Bookmark | September 10, 2020 12:36:48 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)

Open @ 262 to 270
301.1. AhireR |   Link |  Bookmark | September 10, 2020 1:01:35 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
Should be 290+..Let's see..
300. CA Dhiraj Ramchandnai |   Link |  Bookmark | September 10, 2020 12:13:42 PM
IPO Guru IPO Guru (1100+ Posts, 600+ Likes)
In my application status on BSE site, I see that applications status as PENDING. I am not sure, what does that mean, can someone kindly help me to understand.
299. chintan Thakker |   Link |  Bookmark | September 10, 2020 12:12:25 PM
IPO submission through UPI has a problem. even after accepting the UPI request, it shows request failed, then there are no pending mandate and hence the payment through UPI shall not be executed.
298. Rahul Wgl |   Link |  Bookmark | September 10, 2020 10:41:56 AM
applied through UPI of phonepe, the mandate was received but after accepting the mandate it failed, kindly suggest me the procedure to re-initiate mandate
298.1. SAI POTLA |   Link |  Bookmark | September 10, 2020 11:56:29 AM
You have to raise a new mandate, as the IPO is already closed you cant raise it!
297. HSM |   Link |  Bookmark | September 9, 2020 5:50:56 PM
i have submitted my application through ASBA but when i check on BSE it shows upi pending... please help me
297.1. shreyasraj |   Link |  Bookmark | September 10, 2020 10:40:23 AM
I am also getting the same status a pending, even though the amount is blocked through UPI
297.2. Tinkerbell |   Link |  Bookmark | September 10, 2020 10:57:35 AM (800+ Posts, 1800+ Likes)
if apply through ASBA, ignore upi status.
296. Raman Patel |   Link |  Bookmark | September 9, 2020 6:54:05 PM
I received UPI mandate in BHIM application, but i am getting error on approving it. Error - ORIGINAL REQAUTHMANDATE NOT FOUND
Image - https://ibb.co/jDsQBF3
296.1. Mashhood Ahmad |   Link |  Bookmark | September 10, 2020 10:30:42 AM
From which UPI app did you apply?

I applied via SBI and getting same error.
295. Raj Mech |   Link |  Bookmark | September 10, 2020 7:37:34 AM
Total interest cost for 7 day on amount blocked in account =1442645774 @7% for 7day.
Per share intrest = (1442645774÷42290091)
= 34.11 Rs per share.

So Cost of Share on listing day = 166 + 34 =200
And value of share on listing day = 166+ GMP.
294. ManoharP |   Link |  Bookmark | September 9, 2020 6:53:46 PM
Hello Guys hope doing good..
what may be the listing price for Happiest Minds IPO.
any expertise based on your share marketing experiences any thoughts on listing values on this..
294.1. ManoharP |   Link |  Bookmark | September 9, 2020 10:25:43 PM
Guys any reply.....
294.2. ManishDwiv |   Link |  Bookmark | September 9, 2020 11:09:26 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
280-300
293. ???????????? IPO CALLING ???????????? |   Link |  Bookmark | September 9, 2020 10:06:55 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Gmp 126 132
292. Maximus |   Link |  Bookmark | September 9, 2020 8:39:20 PM
Hi Experts,

I am new to applying IPOs. I have applied for HMTL from my HDFC demat account. Immediately after applying, the amount was deducted from savings account without showing any deduction amount in the statement.

I can see the bid number on the BSE website with my application number and pan number correctly reflecting. However, the UPI status confirmation table indicates the status as PENDING. Is there any action that I need to take? Why does it show PENDING even though the amount has been held.
292.1. Vibhor Saxena |   Link |  Bookmark | September 9, 2020 9:53:36 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
ignore pending status on BSE website
291. Prdpnpbrand |   Link |  Bookmark | September 9, 2020 9:51:44 PM
I applied to ipo first time through upi. I received notification in phone pay upi but by mistake i enter wrong upi, now will i receive notification again for payment? Now what suppose to i do?
290. Ramesh jain |   Link |  Bookmark | September 9, 2020 9:49:13 PM
I have applied for this IPO by filling form and submitting to a bank...while checking status on BSE website it says that "UPI status". Is pending but there is 1 Bid ID. Does this mean my application will not be accepted till UPI status is clear ???
289. Jyotisankar |   Link |  Bookmark | September 9, 2020 9:41:10 PM
I have not recieved my mandate till now.Is there any solution??
288. NforNandkishor |   Link |  Bookmark | September 8, 2020 7:38:27 PM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Yesterday night at 9.15, I applied through hdfc netbanking and amount was blocked in account. Today there is some technical error in hdfc asba.

Is my yesterday ipo application in hdfc asba processed successfully? I can see a application number in my ipo order book. Is it possible to check that application number in nse or bse site?
288.6. HSM |   Link |  Bookmark | September 9, 2020 6:34:03 PM
is there any message like upi status-pending?? i have shown this type of message
288.7. NforNandkishor |   Link |  Bookmark | September 9, 2020 9:18:19 PM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
@HSM, Yes upi status pending is showing because I applied through asba.

So, it is not a issue because upi is not applicable for asba. So, upi status will always show pending for asba applicants
287. Satya the truth |   Link |  Bookmark | September 9, 2020 9:03:46 PM
Hello Friends,

Yesterday, I have applied for this IPO via Kotak Securities, still my amount is not blocked by bank. Also I haven't received any application no. Received only ORDER id in mail. Pls help me how should i track my application.