@svh , Even if the allotment is completed early Kfintech usually release it late for some reason. Bigshare and other smaller registrars are quite fast in uploading the allotment.
87.3. svh| Link| Bookmark|
February 12, 2024 9:06:07 PM
IPO Guru (2600+ Posts, 3700+ Likes)
@GrayIsTheNewBlack , yes sir agreed. Tomorrow i am not applying any issue so not worried about unblocking. All the best for allotment. Expecting it should be out by 10-10:30
I just hope this does not go in line of Epack, i.e negative listing; specially because of the current banking sector scenario and negative sentiments pertaining to market overall. Today Apeejay too went down a bit after listing at 20% gains and then eventually it rose again.
@RPSM Just a small correction, it went up by 20% from its listing price as it had upper circuit limit of 20%. But, you are right, from 171 to 223, it fluctuated by around 30%
82. MKS IND IPO| Link| Bookmark|
February 11, 2024 8:58:12 PM
Top Contributor (300+ Posts, 100+ Likes)
I applied for Retail (Min) on closing day of Jana IPO throght AXis Bank ASBA and after half an hour cancelled this application. After cancellation checked the status on Axis IPO portal it was showing the status as "Cancelled" ( I have photograph of the cancelled staus being shown on my laptop screen). Afterwards I received mail from BSE that this aplication has been submitted on iBBS. Again checked the application status on Axis IPO portal and surprisingly now it was showing the status as "Application Accepted". Fund is still blocked. Knpwledegiable fellow members please enlighten me on this phenomenon.
82.1. MuStrFc| Link| Bookmark|
February 12, 2024 12:43:51 AM
IPO Guru (3000+ Posts, 2400+ Likes)
If funds remain blocked today as well, then assume your application's final status will only be known when allotment releases today.
Even after cancellation from your end, if the bank some how does not convey the same to exchanges, your application gets forwarded. The bank is at fault if you can support your view with photo proofs
82.2. MKS IND IPO| Link| Bookmark|
February 12, 2024 10:31:46 AM
Top Contributor (300+ Posts, 100+ Likes)
Actually when you cancelled the application from your side, technically it will already send to BSE. So the cancelled you saw which is just from your Bank side once the BSE confirm the application the status by your bank has been updated to "Accepted" Nothing unnatural in it, this is all happen due to last minute Rush.
81.3. Rakcyt| Link| Bookmark|
February 12, 2024 6:43:15 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Look like members are so confident here and must have started counting the money even before allotment which looks so difficult. We can see GMP trow as once allotted we can't refund it back and if not allotted can't beg for it. Guys relax n enjoy the evening today 😉😀