ideaForge Technology Limited IPO Message Board (Page 32)

ASBA E FORM ME CYIENT KA ASBA FORMS NOT AVAILEBALS ???
?????????

Cyient open date is 27th

Prem 555/560

👍₨ chappooo $$$

ISKA GMP,ISSUE PRICE K BARABAR HONE WALA HAI

Fingers crossed, for both - your prediction and allotment 🤞🏻🤞🏻

In Bank of Baroda, What investor type should be selected for more than 2 Lk (SHNI) application ? Please clarify
Thanks

In Axis Bank , there are only two options in the drop down, Retail and Employee. I put in 2 Retail bids and 1 SHNI by choosing Retail. I believe same may be the case with other Banks.

इस कंपनी ने तो 20-2021 की याद दिला दी

इसका सब्सक्रिप्शन तो बंदूक की गोली की तरह जा रहा है

Na Hi Jhukega Na Hi Rukega🏆✴️

GMP is around 450-500.
Kya sach me isme 70-80% listing gain mil sakta hai?

HoS : 530

Thanks for the replying. Actually since last year when SEBI introduced shni and bhni, not seen such bumper openings, so little apprehensive.

Newbie here - 1 lot SHNI vs retail max 13 lots ,which one has greater chance of allotment ?
Experts help please.

Never apply 13 lots application under retail when retail category is subscribed 1x because when retail gets fully subscribed it has same chance of allotment either you apply 1 lot or 13.Even if you apply 13 and may lucky you will be allotted only 1 lot so there is no need to block money for extra other lots.Try to apply via 13 different demats if you want to go with retail.
In shni you will get 14 lots so plan accordingly.
Hope it helps.

1 lot Shni

I accidentally canceled my IPO application and I reapplied again so my question is the new application consider for allotment process?

Yes it will be valid

Thanks for confirmation sir 🙏 🙂

520-525
Gmp

Can I apply in shni bhni from *current* account asba

First day first show

Retail and employee category fully subscribed..💪🏼

RII SUBSCRIPTION FIGURE WILL BE 50X

Promotor's pre issue shareholding 33.37%. Post Issue S/H ???

@Thiagarajan Ramasamy Pre issue promotors+promotors group holding is 33.37% and post issue it will be 30.19%

May i apply for both in
S-HNI and
Retail catagory ?
Is it as per rules or my both application will be rejected?
Please guide

Yes it will be rejected....u can only apply in any one of d Category

Ok
Thank you all
I was in doubt. But now no confusion

Guys I have read in many articles that in HNI category never apply at cut-off price unlike in Regular category.... please someone explain this ...if not at cut-off then at what price 🤔

May i apply for both in
S-HNI and
Retail catagory
Is it as per rules or my both application will be rejected?
Please guide

No Vaaru, you can't apply in both shni and retail using same PAN

Pls koi bataye ki ipo ki application through (ASBA) Usi bank account se lagani chahiye jo demate se link hai
Ya wahi demate holder apna koi dusra bank account use le sakta hai ipo ke liye
Suppose Mera demate sbi se.link hai lekin application me mere AU bank se lagata hu
Yah sahi hai kya... allotment nahi Mila aaj tak

Aap koi bhi bank se lga skte h...yeh dhyn rkhe jis bank ac se lga rhe ho usme PAN and jis demat se lga rhe ho uska PAN no. same ho thats it...

dusre bank se lgana is not third prty..

third party means demat Ram ka Bank ac shyam ka

Thanks to all bro..

Has anyone alloted IPO using GROW ever?
I have applied 30+ IPO but haven't alloted single IPO through GROW only.
I have recieved through other brokers Angel,Upstox, Sharekhan.

Yes alloted many IPO's in groww.

If you are receiving ipo bid confirmation email/sms from bse or nse, then your bids are accepted and everything is ok....

May be you need luck.....

*Why do a few 3rd Party UPI IPO applications get an allotment?*

As per the regulation, the *funds for IPO applications should come from the bank account linked to the demat account used for the IPO application.*

The stock exchanges along with the registrar and banks are responsible to validate this information.

➡️ _*Process of validating 3rd Party Bank Account in IPO Application*_

Following is the process *stock exchanges*, *registrars*, and *banks follow to find the 3rd Party bank accounts* used in the IPO application:

1. Once the *public issue closes*, the *exchange sends the IPO application file to all the banks* to take the *confirmation that the bank account linked in the demat account* is the same used in the IPO application.

2. Banks get only a day to revert. There are lakhs of records to validate.

3. Some banks revert with the confirmation of whether the account numbers match or not.

4. Exchange puts a flag *(Valid or 3rd Party)* and sends it to the registrar.

5. The *registrar rejects all IPO applications* which are flagged as 3rd party.

6. In some cases, the *3rd party flag comes as empty* from the exchange. It happens in the case where a *few banks do not respond in the given time*. These are the records that are neither rejected nor accepted by the bank.

7. The *registrar sends the file* with *pending records to the banks again and waits for one more day*. Registrar gets a few confirmations. Some banks still do not respond in time.

8. If confirmation is not received from banks, the benefit of the doubt is given to the IPO applicant. This is because banks are supposed to own this. No one else can confirm if the information is correct or not.

9. Wherever such *confirmations do not come, by default those applications cannot be rejected*, hence they are considered for allotment.

It’s a wrong thing that these people are getting allotments but there is no way to check because banks are the only agency that can check the account number.

Banks are not able to handle the load of validating lakhs of IPO application data for every IPO in a short period. Thus they don’t send the confirmation and in the process, some people are getting benefited.

As per the registrar, a few applications fall under the category of ‘not-validated 3rd party bank account’. They are not ready to share the actual percentage of these applications.

It's for information purpose, this above content is not mine. I have copied from somewhere.

Cut-off option is a feature given to retail application only.
While applying in HNI, always apply at upper price limit.

It is a reply 212 🙄

GMP~ 495Rs