Indian Renewable Energy Development Agency Ltd IPO Message Board (Page 18)

SCAM HAI SCAM, LINK INTIME IS SCAMMER, SEE ALL PREVIOUS RECORDS, INVESTERS ARE ONLY CRYING, MANY OF YOU MUST BE AGREE WITH ME

It's completely wrong
Linkin time gave me above average allotments
Both Linkin time and kfintech doing good job
No question of complain

Difficult to catch fraud

Ek bande ko chaar BHNI de diya aur kahi kis ko 0/11... matlab koi hisaab ya logic nahi hai.... abhi bhi 3rd party se mil raha hai, it shows their internal checks mechanism.... sab bandarbaat hai.... mil jaaye toh kismet....

In good old times one could himself verify if his application would get allotment.Each application submitted to the registrar was given a randomly generated number.The reverse of this number was the basis of allotment.If the basis of allotment is 1 out of 7 then when this reverse number is decided by 7 and the remainder is 1 then that application shall get allotment.If the basis was 2 out of 7 then applications with remainder 1 and 2 would get allotment and so on.Not aware of the present procedure.

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@IpoZINDAHAI 
How many LOTS did you applied here - in BHNI 68 Lots or more ? kindly suggest

68 Lots you need to apply. If alloted you will get 14 lots and remaining will get refunded.

​@IpoZINDAHAI  Congrats & best of luck on listing !!!!!
SO you meant even though you apllied 68 LOTS you will get 14 lots
So SHNI minimum if some one got alloted then he also gets 14 lots
That thing also wrong - he invested 14 lots and in lottery he receives 14 Lots
you invested for 68 Lots and in lottery you get 14 lots

Is that correct , i mean my understanding ????

Yes your understanding is correct but the chances of SHNI is much much lesser than that of BHNI.

UpparWale se daro sab tumko hee chahiye 😄

Congrats @IpoZINDAHAI !

​@Krishna T ✨ Congratulations to you too.

But I am sure you also expected more. 😊

But no issue.. I hope you get bumper allotment in all other 3 ipos. 😊😊

It is all about software and logic which registrar uses. My average remains very low with LinkInTime and remains more than average in kFin! I have 25+ examples comparatively!

Sometime it happens where 1 application gets selected in 100 and 99 might get rejected from the same 100. And, if your application falls in those 99 then you will get nothing. So its purely a luck in random selection and we have to accept it, digest it without saying biased or to have proper evidence!

Average application nahi milne par dukh hota hai lekin kya kar sakte hai boss other than joining club of not allotted 😄 CG forum dukh bhi dur karta hai kabhi kabhi 😄