@jeetchaub Yes, allotment will be out on Linkintime portal this evening at 11:23 pm 🙂😃 Well, on a more serious note it is expected anytime late evening today to early morning tomorrow!
If the GMP will sustain on the day of open? Current market sentiment looks bearish, due to the uncertainity of election result. Same situation happened with Exicom and platinum, where price dropped on the day of listing, due to bearish sentiment in market.
In all probability listing will be decent because it is a high quality company... so No need to worry or spooked by the fall. To me it seems speculative bets done in the hope of 2/3rd majority are unwinding...
And if possible try to spend less time on social media, it is manipulated and gives false impression and fills you with fear, worry and negativity.
@RAG There is no use bidding more than one lot in oversubscribed issue. Unnecessarily money gets blocked. If you are lucky, may get allotment of one lot like all other successful allottees who will get one lot only in lottery.
If you have excess of fund u can apply in shni or Bhni why do you apply more than one lot in retail when the issue is already over subscribeed It doesn't help you to get the allotment Take it on a lighter note 😉
537. Esparando| Link| Bookmark|
May 9, 2024 2:08:02 PM
Top Contributor (500+ Posts, 100+ Likes)
While GMPs seem to be falling across the board for mainboard, SME GMPs seem to be either going up or staying there.
This SME GMP I think is only going to stop when SEBI changes the HNI allocation rule to what it is now for mainboard. Not a total solution but an important first step.
536. RAT| Link| Bookmark|
May 9, 2024 1:01:53 PM
Top Contributor (200+ Posts, 100+ Likes)
@Imranshaikhreborn Sir, there is no point bidding for more than 1lot in oversubscribed issue. You could have easily made atleast 1 sHNI application in place of retail application with multiple lot.
@GrayIsTheNewBlack@rohiitian sir ji Is there any chance to allote one lot from 7 applications of 91 lots ithink one more applicant should be of 91 lot
530.1. Earthking| Link| Bookmark|
May 9, 2024 8:05:57 AM
IPO Mentor (1100+ Posts, 400+ Likes)
If there are no other applicant in 91 lots except your 7 apps ... u will definitely get one bhni lot for sure... but if one or 5 more person apply on the same 91 lot then also only one lot among ur 12 ppl will be selected ...
@himanshidahiya Allotment/Non-allotment messages may/may not come on time. Best way is to check the status in official portal of RTA. In this case it is linkone. Check this https://linkintime.co.in/initial_offer/public-issues.html
Bhni 12.33 times applications... in oversubscribed ipo every bhni will get 2L amount shares so divided by 5
So does it mean in every 2.46 bhni people 1 will get 2 L amount shares?? Kindly enlighten
527.1. Prince 🤴| Link| Bookmark|
May 9, 2024 6:44:37 AM
Top Contributor (500+ Posts, 200+ Likes)
Dear 12.33 times is on the basis of number of applications,it means 1 out of 12 applicant will alloted , BHNI subscription on the basis of total amount is 62 times ,you can devide 62 by 5 you will get subscription on the basis of applications which is 12.
526. Seth.| Link| Bookmark|
May 8, 2024 6:18:49 PM
IPO Guru (1100+ Posts, 500+ Likes)
Please tell me about bhni allotment, how it works,as indegene is subscribed 12.33 Times what will be allotment ratio 22 out of 1 or 2.5 out of 1, experts please clarify
526.8. Seth.| Link| Bookmark|
May 9, 2024 7:20:03 AM
IPO Guru (1100+ Posts, 500+ Likes)
1) I had applied one retail lot through UPI and now I checked bid status in NSE website and it is showing as Blocked amount for UPI bid as zero and status of debit/unblock as Request received by Sponsor Bank. What it means by his, is my application is valid or not?
2 ) Another SHNI application made by BOB ASBA and while searching for bid details, it is showing as please enter correct details and at same time I had applied another SHNI through UPI whose details are available and blocked amount is also showing with KKBK like this. So this second application whose details not available that is valid or not?
Please answer my queries because I had applied first time in SHNI
525.2. PLAZA| Link| Bookmark|
May 9, 2024 12:34:07 AM
IPO Guru (2000+ Posts, 1200+ Likes)
@Jey Nayak Sorry dear I m not aware of UPI mechanism as never applied nor hv facilities to apply as used to apply through netbanking. So other ones will definitely solve your query .
525.3. MuStrFc| Link| Bookmark|
May 9, 2024 1:45:18 AM
IPO Guru (1800+ Posts, 1000+ Likes)
1) Ideally it should have said Block request accepted by client. Sometimes status is not updated or wrongly mentioned, try checking again tomorrow. If funds were blocked, and it still it shows that then your bank might have defaulted, hope so not. Also check for email notifications for bid confirmation
2) Might be that BOB ASBA application was not bid through NSE, try checking with those details at BSE. @Jey Nayak