Hello, can someone tell me how can we check that the IPO application has been submitted and then it's all upto luck? I have been applying for a lot of them for the past 2 years but allotment is extremely rare (even considering the over subscription numbers). Sometimes I get the NSE public issue bidding information for some IPO, and other times there is no such email. I'm confused as to if all the applications I'm doing are even being submitted for consideration in the lottery. Any advice is appreciated, thank you.
322.1. Paymzia| Link| Bookmark|
December 19, 2023 7:11:14 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Open accounts with friends and family friends more more more ..... Then you can expect allotment.
322.2. Basuvr| Link| Bookmark|
December 19, 2023 7:14:15 PM
IPO Guru (2000+ Posts, 1100+ Likes)
@Archer If you are able to see allotted/not alloted status at the registar's link (once allotment is out) means your application wad submitted successfully. If you get message as "No Record Found" means it was not submitted.
Dear friend, I request you to read around 100 messages here in forum and that will help you understand basics. Before posting queries do self study. Once you will see that many of your questions are already answered, you will be motivated to read more from seniors.
Refer msg no 310.5 in this page only what I said. I don't think anybody with any no. of applications whether it is Retail, SHNI or BHNI or any amount, can guarantee in Mainboard IPO if it is subscribed more than 100%. You can definitely pray to your favorite God though for better luck. :)
Open multiple ac under different PAN of family and other willing known persons,apply in cetagories where allotment is easiest.
321.6. PUSHPaa| Link| Bookmark|
December 19, 2023 7:00:13 PM
Top Contributor (200+ Posts, 100+ Likes)
@Chora ipo A ne (A)2 ka Kam Kiya B ne (B)2 ka Kam Kiya Total work= A2+B2 But when A & B comes together and works together then (A+B)2=A2+B2+2AB This 2AB is result of collectively team work.. Merge applications with ur trusted frds or family members increase no of applications & share the profits & follow the suggestions of our mentors & gurus..
Before receiving allotment here are key points to hold this one.
No listed peers 1-1.5% dividend Can hold 50-55 p/e with out a hiccup. Strong demand, may listing around 100% as well. Organic growth, 20% cagr for long term. Reputable background.
Listing advice - If allotted and lists at 100%...take out the principal and leave the premium. A+ company.