But this way guess in one of the ipo SBI bidded for less shares that can also be complained
164.6. JAI MATA DI| Link| Bookmark|
December 17, 2023 9:00:59 PM
IPO Mentor (800+ Posts, 600+ Likes)
I apply in Aeroflex SHNI. but due to technical problem bid convert in Retail. SHNI subscribe by 124 times so they give compasation as per BOA. and listing price difference.
Aapko kab Mila yeh And kya aapne apply Kiya tha Aeroflex mein SBI se jisne bhi minimum lot SNHI mein lagaya tha sab ke saath yeh hua hoga.
164.9. sahab| Link| Bookmark|
December 18, 2023 7:08:39 AM
IPO Guru (1100+ Posts, 600+ Likes)
aap ne apply kase kiya sir compensation ke liye ? @JAI MATA DI
164.10. Basuvr| Link| Bookmark|
December 18, 2023 7:11:57 AM
IPO Guru (2000+ Posts, 1100+ Likes)
Raise a complaint with your bank or broker who has not submitted your application correctly and follow with them 🙏
164.11. JAI MATA DI| Link| Bookmark|
December 18, 2023 7:48:53 AM
IPO Mentor (800+ Posts, 600+ Likes)
Dear Monster Zero. I raise this issue in my home SBI branch in Nov. 23. With copy to sebi. ( but not send cc to sebi ). The staff is very nice and friendly. So they send this issue to his department 's officer. On 16th December they credit Rs. 1409 as compasation in my account. Aeroflex listed at 89.40 premium on BSE. And as per BOA (1950/123.80)= 15.76 share per SHNI Allotted. So 89.40*15.76 = 1409. As compasation given by bank .
164.12. SOAM| Link| Bookmark|
December 18, 2023 10:12:47 AM
Top Contributor (900+ Posts, 100+ Likes)
@JAI MATA DI Similar incident happened with me for KAHAN sme IPO with RBL bank. I got compensation from RBL Bank. I'm surprised and happy to see that in PSU bank they also give compensation. Kudos to you that you managed to pull it off from SBIN. Cheers.
164.13. PUSHPaa| Link| Bookmark|
December 18, 2023 10:43:05 AM
Top Contributor (200+ Posts, 100+ Likes)
@SOAM Did u raise the complaint anywhere or automatically compensation received??
164.14. SOAM| Link| Bookmark|
December 18, 2023 10:49:55 AM
Top Contributor (900+ Posts, 100+ Likes)
@PUSHPaa Automatically nothing 'll happen. You have to follow the process as suggested by @JAI MATA DI in this thread. He's explained in details how the compensation figure arrived. You may refer Kahan sme script as well.
@JAI MATA DI thanks for sharing. SBI did this to me as well..my bHNI got converted to sHNI. I will also raise a complaint. Can you please share what documents..screenshots you provided? also the relevant email-ids please.
Off the topic, one basic question. Why do people apply more than 1 lot even after knowing it is over subscribed in retail category? Does higher number of lots increases probability of allotment?
163.1. Basuvr| Link| Bookmark|
December 17, 2023 7:18:52 AM
IPO Guru (2000+ Posts, 1100+ Likes)
There is no additional benefit by applying more than 1 lot in retail, allotment chances are same. Always apply with 1 lot in retail unless you believe a particular lot size is lucky for you
In oversubscribed mainboard IPO there is no extra advantage in single application of more than minimum lot or lots in retail, SNII or BNII category. Some persons apply more than one lot in retail category because they are ignorant of this rule. Some operators apply for shares worth Rs one crore or more in BNII category because they want to inflate oversubscription
Just want to know, only by increasing the number of lots category will be changed from Retail to sNI or need to change something else as well, placing IPO request via Zerodha.
Sir, I have already applied 1 lot in retail category, but now I want to withdraw the retail application and apply in SHNI category. Will it be a valid application or there is risk of getting both the applications rejected.
@Vikas Jain IPO There must be an option from where you applied to revise the application there you should be able to increase the lots.
If not then you can cancel/withdraw the application and only then apply SHNI application..
It wil be valid.
Hope this helps..
161.2. Vaibhavvd| Link| Bookmark|
December 16, 2023 10:15:29 PM
Top Contributor (300+ Posts, 100+ Likes)
@Vikas Jain IPO As vimal ji said , you can modify your bid or cancel bid in retail, but if you apply in SHni then you can not cancel bid only increase lot option available..
Sir I have already applied one lot in retail category, but due to availability of funds now, I want to apply for shni category. My bank PNB account does not allow to change the category from retail to at HNI.can I cancel the retail application and apply in SHNI category there after. Will it be a valid application?
Knowledgeable members, please reply. Thanks.
161.4. Vaibhavvd| Link| Bookmark|
December 17, 2023 9:15:28 AM
Top Contributor (300+ Posts, 100+ Likes)
Ya you can cancel retail application then apply in SHNI is valid ..
On 7th Dec. HFCL Share jumped by 7%. Just after one week, on 15th Dec , HFCL share jumped by approx 10%. Reason: They'are diving into Radar Tech.to meet the critical needs of Defence & Security Forces for Information, Surveillance & Reconnaissance (ISR). HFCL focus is on making Radars that are super advanced and can do a lot of important jobs. Keep an Eye on this stock next week. MY PERSONAL IDEA ONLY.
Yesterday at 2.30 pm, I applied shni application through sbi asba, amount has been blocked and application number is also generated but no receipt message has been received from bse/nse till now. I have doubt Whether my application has been placed on the exchange for allotment.It happened to me earlier one time that the amount was blocked but the application was not placed on exchange for allotment by applying through sbi asba. If the application has not been placed on the exchange, now what should I have to do?? Senior/expert members, please guide me.
@Hrishikeh Sir, as I already stated it happened earlier to me that the amount was blocked and application number was also generated but the application was not placed on exchange for allotment, that's why I have the doubt. Merely amount blocking and generating application number does not mean to placing the application to exchange for allotment. Only when a message/email comes from the exchange, one may sure that his bid has been placed on exchange. Thanks.
There will be two numbers one is application number and other is bid reference number. Bid reference number is generated once it is filled with exchange. Please verify if bid number is generated
I have submitted application through SBI net banking ASBA, in more than 50 IPO s. SBI never failed to forward application to exchange. I apply at least one day before last date
@The Great IPO - As per my understanding the cut off time is 2 PM.. Application applied before 2 PM will be considered for same day and if applied after that will be considered in next cycle.. for sure while applying after 2 PM it states that it will be considered in my day, so it will be submitted on Monday.
At 5 or 6 pm , one day before closing date, I have applied in many IPOs. SBI processes it within half an hour and I receive application number from SBI. While applying I get pop up that u have applied after 2 pm so it will be processed next working day
@The Great IPO in SBI if you bid after 2PM (before closing date )than amount will be blocked on same day (or the next day).they will submit the application to exchange on next day. You will get application number on Monday.
Most of the cases it's happening even after giving mandate . Really I have doubt whether rta are presenting our application s before exchanges or not ? Experts please guide me
I had a small query, if anyone can help me in that regard. What will happen if i'll apply for the maximum shares in S-Hni category, i.e., 1460 shares, will the chances of allotment in that category will be more compared to someone who have applied the min in S-Hni category? Also, any suggestion if i have around 22 lakhs, how can i distribute the same for this ipo, i have 6 demat accounts for the same.
In oversubscribed mainboard IPO there is no extra advantage in single application for more than minimum lot or lots in retail, SNII and HNII categories
@Rat .. Till Listing several factors can effect the premium of any ipo share at any time.. Bullish & Bearish trend is part of this market.. No of subscribtion.. Demand of share.. Grey market activity.. Secondary market situation.. No's of running ipo's etc..
Expert saying market is overvalued, If correction came,20-30% GMP can less,so invest only in good IPO
154. PLAZA| Link| Bookmark|
December 16, 2023 1:23:41 PM
IPO Guru (2400+ Posts, 1300+ Likes)
from 20th DEC to 21st Dec 23 six main Line are closing where funds are required exclusive as no overlapping happened . Pl Give the preference of applying ... 1. HAPPY FORGINGS 2. CREDO BRANDS 3.MOTI SONS 4.MUTHHOOT MICROFIN 5. SURAJ STATES 6.RBJ JEWEELERS
@Pradhumn Ji आप ठीक कह रहे हैं,आ सकता है पर कई बार देरी भी हो जाती है, दुसरी बात MOTI, RBJ बहुत छोटी equity है,और SURAJ पर भरोसा नहीं जम रहा है, पहले RUSTAM JI आया हुआ है, बहुत समय में पैसे पुरे हुए,। सावधानी हटी, दुर्घटना घटी ।। IMO GMP के साथ पुंजी का ध्यान रखना जरूरी है
मित्तल साहब विचार बहुत स्पष्ट होता है ।। धन्यवाद आपका सर 🙏
153. Paymzia| Link| Bookmark|
December 16, 2023 6:31:56 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Dear admin
Please provide GMP link "Beside Post message " beside Whenever evey one want to see ans know the GMP update which is CG providing every one click and know it.
सुबह 9 बजते ही पैसे कमाने के सपने आने लगते हैं 😜 share market में रुपया लगाने से पहले…!! रुपया को तैरना सिखाएं, ताकि आपका रुपया डूबे ना..!! 😂😂.. खुशी इस बात की है कि मार्केट दौड़ रहा है…. डर इस बात का है कि कभी नए मेंबर्स के पैसे इस ऐतिहासिक तेजी में घट गये तो उन्हें भारी नुकसान होगा । इसलिए विशेष तौर पर कोई भी खरीदारी ध्यान से Stoploss के साथ करें । Have a Healthy & Wealthy Weekend...😂🙏🏽