Ipo market sirf aur sirf Grey premium pe chalti hai and currently GMP is 2 to 3 rupees which means it will show +/- 10 rupee on settlement .. so 10 ruppee ka loss ya profir hone wala hai per share..
one can make money but only and only if holding for long term..
i also applied 1 lot on ICICI and i am sure this will get allotted to me.
Better apply lot of lots in Prataap food GMP for Prataap is 472-495
As far as I know it is based on lucky draw...it looks like you have applied in the IPOs that have been over-subscribed and your PAN was not selected in the lucky draw...I have also been allotted only 2 out of the last 20 I have applied...so I guess it happens...we need to wait patiently
It is not with the bank, all oversubscribed IPOs demand for allocation is very high at Karvy. If you would have given some money to Karvy you would have got allocated. So karvy gives around 10% to outsiders to calm down their voice in the allocation.
BHAI MERA BHI BOB ME HI ACCOUNT HAI ME BHI ONLINE HI IPO BHARTA HU. LEKIN AISA NAHI HAI KI LAGTA NAHI HAI KUCH ME LAGA HAI AUR KUCH ME NAHI FOR EXAMPLE-------------------------------
DMART - 0/3 AU FIN - 1/3 COCHIN - 1/3 MATRIMONY - 0/3 DIXON - 0/3 CAPCITE - 1/3
450.2. phrao| Link| Bookmark|
September 22, 2017 8:50:05 PM
Top Contributor (400+ Posts, 500+ Likes)
I am not agree with u. Because max fear RII"S not applied. Almost applied persons mentally fixed medium to long term. So there is no selling pressure on listing day. SO IT TRADE BETWEEN. Rs. 680-720.
So don''t worry . And also KARVY SUPPORT TO ALL innocent RII"S IN ALLOTMENT .
450.3. PSR| Link| Bookmark|
September 23, 2017 9:20:54 AM
IPO Guru (1300+ Posts, 700+ Likes)
Even your prediction is correct, the maximum loss would be Rs.1000 per lot which is not significant.
ICICI Lombard is the biggest cheat in the world. They automatically started a life insurance policy for me without my consent and without intimating me and deducted money from my ICICI bank account.
Somehow I was able to pinpoint this unknown transaction and when I called the customer care and asked them to cancel the policy and refund my money, they started their sales pitch convincing me to keep the policy that I never wanted in the first place.
For cancellation of the policy, they want me to send dozens of documents, meet the branch manager and all that hassle.
Just because people have not applied for their STUPID OVER-PRICED IPO, they found this way to raise money...!!!
Stay away from this fraud company in future as well.
You would have subscribed to this insurance during one of the NEFT transaction. On NEFT transaction page, they offer a 2 lacs insurance policy. Maybe you checked that box and proceeded further.
Even if that is the case, and I had accidentally applied to it, they are not even cancelling it now. They don''t require any document to start the policy and deduct money. But to give the refund, they want us to do multiple documentations and formalities first.
And I wonder how a small check box is enough to start an insurance policy. Where are the pre-requisites? Where is the under writer for the insurance?
Anyway, it was really a bad experience. Just be cautious and keep track of any hidden debit amounts from your ICICI bank.
It must be a Health Insurance (Mediclaim) policy ....not Life Insurance....!
449.6. Silapathar| Link| Bookmark|
September 22, 2017 7:59:39 PM
Top Contributor (400+ Posts, 200+ Likes)
@Don , Well they do accidental insurance for sure because Railway journey insurance is done by them and also PMSBY and yes, their services are pathetic in both.
Arjun sir your view on all current ipo. Your prediction fantastic.
447. phrao| Link| Bookmark|
September 22, 2017 8:52:53 PM
Top Contributor (400+ Posts, 500+ Likes)
Mr. rvr I am not agree with u. Because max fear RII"S not applied. Almost applied persons mentally fixed medium to long term. So there is no selling pressure on listing day. SO IT TRADE BETWEEN. Rs. 680-720.
So don''''t worry . And also KARVY SUPPORT TO ALL innocent RII"S IN ALLOTMENT .
446. R R Patel| Link| Bookmark|
September 22, 2017 5:43:27 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Listing will be around 700 (+-10). Every retailer will get at least one lot.
446.1. Silapathar| Link| Bookmark|
September 22, 2017 8:02:14 PM
Top Contributor (400+ Posts, 200+ Likes)
Finalisation of Basis of Allotment: On or about September 22, 2017 Initiation of refunds: On or about September 25, 2017 Credit of Equity Shares to demat accounts: On or about September 26, 2017 Commencement of trading of the Equity Shares on the Stock Exchanges: On or about September 27, 2017