This new HNI rule is not good. Earlier we used to get a few lots for sure depending on the capacity to deploy funds. Registrars also had no scope of doing any ghotala. Now its luck. Another problem is we don't know whether it was bad luck or whether some mischief was done by the registrar.
Can't understand basis of allotment in Harsha IPO. All those who have applied for maximum amount in small NII category should have got confirmed allotment of one lot. This category was subscribed 64 times while max. application was of 67 lots( i.e. 45* 330*67= 994950...Definitely something wrong has happened. Let's knock SEBI door
1055.1. Kapz| Link| Bookmark|
September 23, 2022 8:40:04 AM
IPO Mentor (600+ Posts, 300+ Likes)
Applicants in both SHNI and BHNI get a minimum of 14 lots, hence lottery.
@KAPPO Not able to understand your calculation here. By average, means. 1 lot of retail, 14 lots of sHNI of Harsha with Annapurna 1lot. What do you expect from both, explain, if it pleases you.
1046. ipobull| Link| Bookmark|
September 22, 2022 8:44:34 PM
IPO Guru (1000+ Posts, 1000+ Likes)
What will be the listing price ? Who can guess correctly ? Arjun Rajkot kahan pen ho?