this is the main site and upper left portion of the page there is a tab..hudco allotment status... if you are excited and awake till allotment come then go through the following link
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Lottery is just an approach. Who knows what happens behind the curtain??? In specific numbering system, atleast you know your application number and understand if its falls under allotment basis.
I doubt they are delaying it due to manipulation, since the basis of allotment is lottery system. Under the shed of lottery, you play the way you want. Totally against lottery system. SEBI should ban lottery system.
There are n numbers of method. All depends upon subscription. It has to be proper ratio. In case it get over subscribed huge time. they should do like every application ends with 5 get 1 lot or ending with 7 get 2 lot...etc..like this...the whole crux is to provide 100% visibility on allotment basis.
Lottery system is better then you suggested. At least there is equal chance of allotment. In your method only regstrar''s favorite will get benefit because registrar will have the choice to choose. Rest submit your idea at sebi. May be your idea sebi.
Is any one get the allotment?? The Alankit website is showing allotment is under progress. Any details or a point in the right direction is much appreciated.
Exception coming in allotment link:- https://alankit.com/HUDCO_Investor/HUDCO_IPO.aspx
Server Error in ''/HUDCO_Investor'' Application. Description: HTTP 404. The resource you are looking for (or one of its dependencies) could have been removed, had its name changed, or is temporarily unavailable. Please review the following URL and make sure that it is spelled correctly.