Even Jupiter I applied with 4 Retail. Got 0. Can't digest the fact why I always remain in exception. And I'm not talking abt hugely subscribed IPO's. I'll change the name if there's an option.
Applied for 1 bHNI, 1 sHNI, 3 Retail. Finally got allotment 14 lots for bHNI application & 1 Retail Application. dont know whether to feel happy to get allotment or worried due to falling market :-(
I checked my application on KFintech, I had applied for 8442 shares but it says that I have been alloted 1764 shares only. Is this possible as I was eligible for Bhni allotment but got Shni. Please advice what to do?
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September 28, 2023 10:44:26 PM
IPO Mentor (1000+ Posts, 300+ Likes)
Kindly note that ,only the allotment ratio will be different for bhni and shni, but the number of shares allotted will be same
In an oversubscribed ipo you will get 14 lots only, it doesn't matter whether you have apply in bhni or shni. In bhni allotment chances are high compared to shni so people apply in bhni.
After long time got allotment in 2 application out of 5 application. This is only second time I got 2 application alloted first was way back in 2021 Indigo paints 2/4. Happy 😁. All the best for the the listing. *All third party UPI Gpay, SBI*
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September 28, 2023 10:48:10 PM
IPO Mentor (1000+ Posts, 300+ Likes)