246.2. Rajat Jindal| Link| Bookmark|
September 9, 2020 2:24:56 PM
Top Contributor (400+ Posts, 100+ Likes)
@ayush
Approving mandate can be done until 11 am next day after ipo ends. You can approve in night as well. On a safer side, do approve the mandate today itself after receiving it at the earliest. But applying or modifying ipo application can only be done upto 5pm on the last day of ipo. Hope this helps. Do not panic.
Why does the RII quota have no.of shares as 4,229,009? Since there is already over subscription the max no.of applicants who would get at least one lot would be = no.of shares/lot size = 4229009/90 = 46988.98. Having a decimal point looks odd to me. I think quota should have been 4229010 (instead of 4229009) then redoing the above formula it becomes 4229010/90 = 46989. So 46989 applicants will get at least one lot of shares (90) in lottery.
If you invest through NII route as you will require 5-6 lakh (expecting oversubscription by, so 40*14K) rupees for getting a single lot. The choice is yours..!!
You can apply in both RII and NII but then your RII will be rejected as per the exchange rules...https://www.bseindia.com/downloads1/Allocation_Methodologies_Examples.pdf
I am confused whether to apply for Happiest Minds or Route Mobile. I have limited capital. Considering only 10% is allocated for retail in Happiest Minds, is it worth to apply in Route Mobile...??? Appreciate your help here.
I am not an expert, but as chances of allotment in HMT is very low and you have limited capital, there is no doubt that your choice should be route mobile. Good luck :)
232.3. jstm| Link| Bookmark|
September 9, 2020 11:51:28 AM
(1300+ Posts, 3200+ Likes)
yes
232.4. Rajat Jindal| Link| Bookmark|
September 9, 2020 12:23:14 PM
Top Contributor (400+ Posts, 100+ Likes)
@arun @jstm Thanks a lot guys. Applied from Internet banking. I just hope all of them are successfully submitted to the stock exchange. Baaki aage to Luck factor. :D
@Rajat You can check your app. here. https://www.bseindia.com/investors/appli_check.aspx
232.6. Rajat Jindal| Link| Bookmark|
September 9, 2020 12:50:22 PM
Top Contributor (400+ Posts, 100+ Likes)
@jstm
The application number generated via Net Banking ASBA is a different one than what PNB ASBA (separate site for IPO specifically). Is it valid?
Also, when i checked your bse link : - Under BID STATUS, it displays BID ID , DATE , No. Of Shares , Price. - Under UPI STATUS , it displays UPI ID , UPI CONFIRMATION Status (ofcourse all blank as ASBA method was used instead of UPI)
so, my doubt again rises , is app no. like that of above series a VALID one?
228. AhireR| Link| Bookmark|
September 9, 2020 9:17:58 AM
IPO Mentor (800+ Posts, 1000+ Likes)
Astrazenca(oxford vaccine) halts it's trials on volunteers in the wake of some serious illness developments in one of the volunteers in UK. Yesterday again US markets fell and dow futures is still negative. Why all the bad news starts coming as soon as an ipo opens is a thing to study..????????
is HDFC ASBA not working? I am getting an error of "invalid logins" after entering all the IPO related details and just before final confirmation of application.