Shares will be alloted to 690 appications in retail quota. 95000 applications have applied. That means out of 137 applications, only 1 application will get allotment.
Retail ratio will be 690/Total_unique_applicants as none of the applicants will get more than 1 lot and if same applicant filing multiple forms only 1 form will be accepted rest will be rejected.
Can someone please clarify In retail category is it first come first served or lottery? What about NII then? I am asking because I am not getting allotment from last 5 IPO applications. Please clarify
127.1. DownriteVJ| Link| Bookmark|
January 8, 2018 9:50:35 AM
IPO Guru (1400+ Posts, 1200+ Likes)
5 is not a big number. Except for HDFC life (which was under subscribed in Retail category) I havn''t got any allotment in my attempt in 25 IPO(including SME) in last 6 months ..
SMVD ploy pack and Zodic energy both are best pick from recent SME ,as per my personal view buy and get handsome profits in very short-term both r trading below there listed price but both hve gr8 numbers and clients as well so they will fire up very soon any time ,at least 12 to15 rp upside is possible with in 12 to 15 days....make your own decisions and research before investing , Thank you!!!
How application are sold. Is there any broker to sell application. When share will credit in my account than how i can sell my application. Is there any agreement. What is the current rate. Just for knowledge i want to know. Not interested in selling my application.