I have accepted the mandate successfully through Gpay but AngleOne showing me that it has expired. I have not received any confirmation msg from NSE though i have received one for my different account. Angel one app showing a msg that it may update in next 24 hour if you have accepted the mandate. So did my application got successfully submitted or it has been cancelled. Pls guide
SNII is better than retail category because if allotted u will get shares worth slightly more than Rs two lakh. HNII is better than SNII because if HNII category is oversubscribed 40 times application wise then one out of every 8 applicants will get allotment of shares worth more than Rs two lakh
If HNII category is oversubscribed 50 times application wise then one out of every ten applicants will get allotment of shares worth slightly more than Rs two lakh
Slight correction. If BNII category is oversubscribed 8 times application wise then one out of every 8 applicants will get allotment of shares worth slightly more than Rs two lakh. In that case amount wise oversubscription will be more than 40 times. If BNII category is oversubscribed ten times application wise then one out of every ten applicants will get allotment. In that case amount wise oversubscription will be more than fifty times. Sorry for mistake
RESPECTED SENIOR MEMBERS, I have applied from HDFC securities through UPI , in UPI status it's showing manadate pending though i accepted the mandate and amount is blocked so i just want to confirm is my application successfully placed It's my first time in HDFC securities through UPI
Sometimes it happens, mandate status doesn't update. But if you successfully accepted the mandate without any error then application bidded successfully. You can also verify it in IPO order book in hdf securities.
@SONMAYA Ji, The overall BHNI stands at 56.55X, with an application-wise subscription of only 10.68X. I'm curious about the rationale behind people applying for more than 69 lots in an IPO that's already oversubscribed in this category.
Pls help , I have applied inox india ipo with zerodha kite app, upi mandate did not come so I cancelled the bid and again applied, when I opened my phone pay app for upi mandated, I accepted 2 upi mandated, I cancelled the first bid but accepted upi mandated , so what to do to unblock one upi mandate money pls help
Market is at all time high. We should not jump into buy large amount in secondary market. We should keep the funds ready for Primary market and for deep correction in the secondary market. We should buy large cap stocks from the secondary market if one wants to invest right now.. This is for my personal opinion only. Thanks
In mainboard IPO if retail or SNII category is oversubscribed application wise then lottery will take place. If BNII category is oversubscribed at least 5 times application wise then lottery will take place. In mainboard IPO there is no extra advantage in single application of more than minimum lot or lots in retail or SNII category if that category is oversubscribed application wise. In mainboard IPO there is no extra advantage in single application of more than minimum lots in BNII category if that category is oversubscribed at least 5 times application wise
Sorry for mistake regarding BNII category. If BNII category is oversubscribed application wise then lottery will take place. There is no extra advantage in single application of more than minimum lots in BNII category if that category is oversubscribed application wise. If BNII category is oversubscribed application wise then it might have oversubscribed 5.2 or more times amount wise
No of application calculation: BHNI min application is for 10 lakh ( average from past BOA is 12-14 lakh) No of shares subscribed approximately is 12.5 crore Calculation for approx no of applications 12.5 cr * 660/10 lakh If you use average application amount 12 lakh the no of applications will be less. There may be some technical rejections as well.
@B.M.SURANA sir, What is fix kosthak rate for bHNI app of INOX ?
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December 18, 2023 4:54:36 PM
IPO Guru (1500+ Posts, 1100+ Likes)
Pre Tata Tech, BHNI used to get applications worth 5.5k Crore. Even with the clash of many IPOs, Inox got 8.5k Crore worth applications. Tough time getting the allotment even in BHNI. Thanks/No Thanks to Tata Tech.