1 lot of retail will have same probability of allotment of 13 lots/14 lots if retail apps is more than 1X. Full wastage of fund if u r applying multiple lots in oversubscribed IPO.
Yes it happens.. no need to worry. Sometimes it takes time to get updated in payment status. If your lien is successful and amount is blocked and you receive message from NSE then your application is valid.
377.2. jay here| Link| Bookmark|
June 8, 2023 5:49:21 PM
IPO Mentor (700+ Posts, 500+ Likes)
It doesnt matter what does it show. Your application will be valid.
Well the ipo will be subscribed approx 70 times and now all said and done but the main question is what do all of you think about the listing range of this share ?
Bhai 1 lot apply karo ya 14 baat ek hi he Allotment ka ratio 1:14 Har 14 PAN me se ek ko allotment hoga Lottery basis
362.2. Trueinfo| Link| Bookmark|
June 8, 2023 4:14:26 PM
IPO Guru (1800+ Posts, 1700+ Likes)
14 lot is sHNI, not retail. You will go for lottery in sHNI group.
362.3. Smile✍️| Link| Bookmark|
June 8, 2023 4:24:48 PM
IPO Guru (1600+ Posts, 900+ Likes)
@Rajiv Jha You applied 14 lots means u r not retail, You are sNII, so you will recieve full 14 lots through lottery. Now chances are 1: 58 (subject to rejection)