I have applied thorugh BOB. I received mail from BSE regarding submission of bid. However, there 2 bid id with identical number if shares. Application no is single but der r two bid ids. Is it normal or any issue with bob?
634.1. SJ| Link| Bookmark|
July 27, 2018 12:10:32 PM
IPO Guru (1300+ Posts, 3200+ Likes)
632.1. SJ| Link| Bookmark|
July 27, 2018 11:35:12 AM
IPO Guru (1300+ Posts, 3200+ Likes)
In retail , investors are avoiding single lot due to unlucky ' 13 ' number factor.This is the reason this time there is a broad gap between number of times subscription and application wise subscription.Some psu banks refused to accept the form after 12 pm due to heavy rush.
632.2. juju| Link| Bookmark|
July 27, 2018 11:46:20 AM
(300+ Posts, 300+ Likes)
funny people, I seriously doubt this inauspicious '13' tag is imposed by Western Culture, our Indian culture doesn't considers so. Rather on internet you will find it to be a lucky number
632.3. Sdpp| Link| Bookmark|
July 27, 2018 11:52:40 AM
Top Contributor (400+ Posts, 100+ Likes)
@ Harit ji Bse application me Bid id Double Dikhata hai. Q pls reply.
632.4. medge| Link| Bookmark|
July 27, 2018 11:57:09 AM
IPO Guru (1300+ Posts, 2000+ Likes)
If person is thinking 13 is unlucky number then he should not even apply to this IPO, becs if in lucky draw he gets an allotment he is gng to get only 13 shares irrespective of his applied lucky count :)
whoever gng to get an allotment in RII, 13 will be lucky number for them at least for this IPO
Assuming SH portion is over subscribed due to applicants applying for higher lots, then it is safe to presume that all applicants receive 1 lot each. How does the registrar proportionate the remaining shares ? Is it, if available, first allot to those who have applied for 2 lots, then 3, .....Please explain if you have some information. Thanks.
622. juju| Link| Bookmark|
July 27, 2018 11:01:25 AM
(300+ Posts, 300+ Likes)
Retail Subscription till 11:00 AM is about 4.39 times, while app wise just 2.86x . Guess still many retail applicants doesn't know allotment procedure. In case of more than 1 times in retail, only 1 lot is allotted and rest if any, on proportionate basis to lucky ones. My guess is that app-wise it wouldn't cross 4-4.5x . That is, 1 out of 4 would be allotted. Good luck!
Hi, I applied IPO under RII category. But in SBI showing lien status as "Scheduled" instead of success. From yesterday it is showing same status. Is there any reason for such? and solutions? Please help.