for applying in bhni category, should we apply only in multiples of 14? or any number of share that suit your bank balance..... i have applied for 200 lots, is is ok or should i have applied for 196 or 210 lots?
339.1. antarix| Link| Bookmark|
June 8, 2023 2:50:49 PM
IPO Guru (1100+ Posts, 700+ Likes)
334.4. MAMU| Link| Bookmark|
June 8, 2023 3:13:04 PM
IPO Guru (1700+ Posts, 1100+ Likes)
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333. hbk| Link| Bookmark|
June 8, 2023 12:32:32 PM
Top Contributor (300+ Posts, 100+ Likes)
There is so much liquidity in the market, that all retailers are shifting to HNI. More subscription numbers urges them to apply for more and more. Hope this doesn't fizzle out like USK, where GMP was high, but still struggling to cross IPO price.
USK ipo size bahut chota tha so shayad promoter aur big HNI ne hype banaya hoga IKIO atleast 10-15% above hi open hoga aur sab kuch sahi raha to even 50% is possible
333.3. DuckkyDuck| Link| Bookmark|
June 8, 2023 12:44:49 PM
Top Contributor (200+ Posts, 200+ Likes)
That is correct @hbk This newly coverted retail to SHNI investor doesn't able to handle the allotment of 14lots and tend to sell on listing day to make quick money and thus price goes down heavily on listing day. The new rule, allotment to HNI on lottery is fine but allotment of 14 lots is a drawback. I think rule should be allotment on lottery but, sHNI should be given 4lots and BHNI should be given 8lots on successful allotment. This will reduce selling pressure and more different people will get allotments.
@DuckkyDuck , good suggestion. Maybe the allotment should be halved i.e. allot 7 lots for sHNI applicant. That way more sHNI applicants can get allotments. bHNI can be kept unchanged.
Will I get IPO allotment, when I applied 3 applicants (different Demat and different users) from one HDFC bank account and different UPI APP(different UPI ID's)
Me to same upi id same bank ac se 5-6 Demat ac se apply karta hu ho jata he aur allotment bhi mila he bahut bar SBI Bank shayad third party allow kar rhi abhi bhi baki ka ni pata