In BHNI if you want minimum 14 lots then apply atleast X+1 lots where X is the number of times its oversubscribed in BHNI. You will have to guess this number as applications will be rushed at the last moment.
502. B.M.SURANA| Link| Bookmark|
September 16, 2022 1:08:14 PM
IPO Guru (2600+ Posts, 4900+ Likes)
आंधी और तूफ़ान है Harsha Engineers 2022 में IPO बाज़ार की शान है! टूट पड़ो 🤣😅😂 मालामाल लाटरी!
502.1. Gujju IPO| Link| Bookmark|
September 16, 2022 1:23:04 PM
Top Contributor (400+ Posts, 200+ Likes)
@Eagleye @lokes @K.Atar (any ipo veteran can answer this too) In zerodha it is showing employee category too for harsha ipo , can a person apply in it even if he is not the employee of the company without getting rejection because it is not asking for any proof. (a quick response would be appreciated)
I'm not sure.. but they would already have pan of their employees I would suggest better to avoid applying in employee if you're not
501.2. K.Atar| Link| Bookmark|
September 16, 2022 6:36:23 AM
IPO Guru (1000+ Posts, 700+ Likes)
They will identify employee through their PAN number, the registrar already has feeded PAN of the company employees in its system. If you apply under employee category- your application would be rejected, don't do that.
501.4. Smile.| Link| Bookmark|
September 16, 2022 1:18:28 PM
IPO Guru (1600+ Posts, 900+ Likes)
LIC identified huge number of policyholders on basis of PAN. So it is not difficult for Harsha to identify their own employees
501.5. SONMAYA| Link| Bookmark|
September 16, 2022 1:21:21 PM
IPO Guru (1300+ Posts, 500+ Likes)
When you are not Employee then why you r thinking of applying in Employee Quta..?. Insan apna nahi kha,sakta...Dusre ke hak ka khane ki kyon sochata hai...? Apna jo hai woh khao..bhai mere...
500. R R Patel| Link| Bookmark|
September 16, 2022 1:15:57 PM
IPO Mentor (800+ Posts, 3400+ Likes)
For retail investors 1,77,357 are available for allotment and already 20.8 lakh applications received (app wise 12X)
Presently grey market premium around 50%++
So strongly recommended to apply one lot per application n try your luck for decent listing gain as well as for long term.
TODAY LAST DAY👍👍
499. sahab| Link| Bookmark|
September 16, 2022 1:14:27 PM
IPO Guru (1000+ Posts, 500+ Likes)
Apply only four small hni No retail this time Due to no allotment third party Do not waste time and money
@all respected veteran members, If anyone bother to reply,can help me thankfully, my constraint is I've only around 15 lakhs and 5 accounts. Now which may prove to be more profitable and luckier probability wise for allotment, 1. 3 sHNI & 2 retail in Harsha+ 5 retail in Annapurna OR 2. 4 sHNI & 1 retail in Harsha + 4 retail in Annapurna Thanks guys
yesterday(sep-15), i have placed an order for 585 shares(13 lots) and I failed to complete the mandate. this morning(sep-16), on kite(or zerodha) console, i could see that i had failed to complete the mandate. then i have edited the order 540 shares(12 lots) and placed the order. i got the mandate, accepted it, money is on hold too. but, on kite, the number of shares i have bid for still shows up as 585 and the payment status says that i have accepted the mandate. and i have checked the console after around 2 hours, the orderbook still shares that i have bid for 13 lots.
so, since, according to the order book, my order is for 13 lots, but the mandate(or maximum payment) is only for 12 lots. what would happen, if i was selected in lucky draw? will i only receive 12 lots? or will i not receive the allotment, because of the partial payment? or something else?
492. SSingh| Link| Bookmark|
September 16, 2022 12:59:19 PM
IPO Guru (1400+ Posts, 800+ Likes)
If someone can answer these questions, all the confusion related to SHNI and BHNI will be resolved. Seniors, please clarify for everyone's sake. Q.1 In BHNI, is app-wise consideration there like retail? For e.g. if app-wise it's 1X subscribed, everyone will get full allotment first, remaining shares then allotted on a proportionate basis? Q.2: Min. allotment of BHNI 10L or 2L? Q.3: Min. allotment of SHNI is 2L? Right? Again, is it app-wise or total amount-wise? Please clarify as even YouTubers seem confused. Everyone has his/her own theory.
When everything is alright..sbi will fk it up by keeping the lein amount blocked even after the intimation by registrar itself. #megaflex ipo....#sbisucks
489.1. antarix| Link| Bookmark|
September 16, 2022 12:05:02 PM
IPO Guru (1100+ Posts, 700+ Likes)
Earlier, I was also facing this problem. I was using SBI (Yono app) as it was giving third party facility. But as soon as I realized that PNB was having the same facility, I started applying through PNB only. SBI is really lethargic.
489.2. Safe Bet| Link| Bookmark|
September 16, 2022 12:07:31 PM
Top Contributor (500+ Posts, 100+ Likes)
@Monster Zero : Add Bank of Maharashtra to that list too.
My guess is that it depends on what time you apply I have experienced in the past that if you apply early then your funds will unblocked later... Whenever I applied on day 3 , the funds were unblocked asap.
SBI & IOB (4 RETAIL APP) IN MEGA FLEX. STILL AMOUNT IS BLOCKED.
489.8. Safe Bet| Link| Bookmark|
September 16, 2022 12:34:45 PM
Top Contributor (500+ Posts, 100+ Likes)
No release time table as such. It is kicked off by uploading the allocation file (from registrar) into their system by a person & then processed through an approval process. Even with all the computerisation it still is dependent on the efficiency/mood/whims of the Individual responsible. Sorry state of affairs in at least public banks.