Guys don't be worried about IREDA allotment not being available on the RTA's website as of now.
Infact, this is a very positive sign. It implies that the RTA is working on the allotment of the other 4 IPO's and they will be available very soon. Probably today or Monday.
But yes, the uploading of data on the website will be done once the RTA processes all the IPO's.
It is very annoying thing done by Linkintime.. they are finalized & doing allotment/refund but can't update status on their website. So investors have to wait for block/unblock... very pathetic.
Intime kyu sata Raha hai..... Site par load karne me kya dikkat hai ..... Suspense to khatam ho jata....... Banks ko bata diya magar public ko allotment batane me dikkat hai kyu...... Jaanna chahta hai India
Just out of curiosity I am asking, how the lottery system is executed and what are the criterias. Anyone well informed or close to insiders / working in RTAs /Company official / SEBI / Brokers / Exchange / CA, may like to share with.
I got sms sbi UPI debited amount of retail category And 3 lot pending
644. MuStrFc| Link| Bookmark|
November 25, 2023 2:24:03 PM
IPO Guru (3000+ Posts, 2400+ Likes)
The messages sent to successful allottees and unblock of funds to non allotted people means that the registrar at their end has gathered all applications, consolidated them, rejected and removed some on the basis of technical rejections and have communicated the above information to SCSBs or Banks alongwith LM.
Now banks send intimations to investors for allotment or non allotment with respect to their bid as per their servers and UPI being 24x7, intimation is received within a day or so. ASBA requires human intervention and hence unavailable till next working day.
The registrar side by side sends the list of successful people who got allotted to the LM and to respective stock exchanges and prepares BoA. Only when the approval from exchange is received with respect to the BoA, THE RESULTS GET PUBLISHED.
So, in essence we cannot fully blame the registrar for delays, if any, as other regulatory authorities are involved in the allotment process flow because theoretically they are still within the timelines so they have their right to process it as per that.
No psu banks will give allotment or no allotment msgs. till monday. so will have to wait till monday. Linkintime should put allotment status available by now..
640. Arun Jindal| Link| Bookmark|
November 25, 2023 2:16:51 PM
Top Contributor (400+ Posts, 100+ Likes)
Just now I got a message of no allotment from BSE but the company was Vishnusurya infra. I have already utilised those funds for the present ipo’s. Seems BSE is very prompt.
Allotment process has already been completed by Linkintime because it is not legally viable to pass on any message for debit or unblock before finalising the allotment process. Keeping in view of that they should publish final Allotment Status in their website. Money debit or unblocking will definitely continue till next banking day.
Is there any statistic around allotment probability using UPI v/s ASBA? Is it completely random or there is any algorithm behind it like say, x% allotment is reserved for UPI applicants?
637.1. Paymzia| Link| Bookmark|
November 25, 2023 2:07:34 PM
IPO Guru (2700+ Posts, 4700+ Likes)
UPI or ASBA same chances There is no partiality Equal chances