Sir people applying applications of 50-50 crores is the reason for so high subscription, SEBI will have to provide a level playing field for everyone otherwise small/medium level investors will just go out of the game and all ipo’s will be captured by big sharks. Now even applicants applying with even 10-10 lakhs applications and sending from 20-30 demats will have chance to get allotment. So the rules need to be immediately checked
93.1. Basuvr| Link| Bookmark|
January 2, 2024 3:28:37 PM
IPO Guru (1800+ Posts, 1000+ Likes)
SEBI should now come up with some fancy rule. Start rejecting all applications where lot size is greater than the final subscription, for an IPO with oversubscription of >100x.
dear sir In BHIM app if you are not getting the original mandate request, open the IPO option in the app, the mandate will appear there and you can proceed from there. I had same experience earlier.
It is time to reduce SME lot size. Sebi should think to revise SME as well as Main board IPO lot size as retail participation is more.
Sebi did it earlier for InvIT or REIT.
85.1. G profit| Link| Bookmark|
January 2, 2024 2:57:05 PM
IPO Mentor (1000+ Posts, 300+ Likes)
Sur, me too was thinking about the same matter today. Sebi can reduce the minimum limit to rs.50000/- so that more number persons will get allotted and market makers job will also be but easy
yeh bhi hazaron mein ek waal khel hone wala hai...superseding the tech labs subscription..
80. Modi Adani| Link| Bookmark|
January 2, 2024 1:27:02 PM
Top Contributor (400+ Posts, 100+ Likes)
If some good IPO list in discount due to fake hype in GMP, retail subscription might go down in fear... this is near to impossible chance for retail category..
Funds unblocked. So the funds in bulk available with investors. There are only one SME closing tomorrow. This one is closing today. No other IPO/SME likely during this week. Looking into the present subscription figures and availability of funds as well as small size issue, the subscription is going to cross 1111x today. My views. Nobody wants to leave behind in the race. I am also in the race and expecting some good news this time in this year. Wishing all the members a eventful SME to close first in the year 2024. **DING DONG, INVESTORS SING SONG** Only few hours left. CRAZY Investors.