Dear members I applied for 4 lots from upi but i on accepting the mandate I got the error 'The UPI mandate was rejected by your bank due to a technical error. Please delete your application and re apply'. But i don't see an option to delete the application in zerodha. Kindly guide how to delete application? Thanks
So allotment is on lottery or proportionate basis.
66.3. MuStrFc| Link| Bookmark|
January 1, 2024 11:03:01 PM
IPO Guru (1800+ Posts, 1000+ Likes)
@Babal Allotment chances increases by applying for higher number of lots as doing that increases the chances of lot category to get selected for lottery.
65. Safe Bet| Link| Bookmark|
January 1, 2024 10:32:04 PM
Top Contributor (500+ Posts, 100+ Likes)
480x HNI o/s on a day prior to closure ! Time to say good bye to IPOs. Party is definitely over 🙂🙂
64. sree vas| Link| Bookmark|
January 1, 2024 8:09:37 PM
Top Contributor (500+ Posts, 100+ Likes)
Applied 1 application in retail, applied 4HNI lots in akansha guess there is no use since it is getting subscribed heavily. havent got any allotment in SME IPO'S
63. Hrishikeh| Link| Bookmark|
January 1, 2024 7:18:57 PM
Top Contributor (500+ Posts, 100+ Likes)
only 100 people in NII and 600 People in retail will get allotment here so all the best to all 3L+ applications (and more applications are yet to come tomorrow)
Have a fruitful year 2024. Many members might be in holiday mode. New Year started with negative Sensex. Afterwards it made all time high. There after it lost more than 500 pts. on BSE. What an eventful first day of Share Market. Open in negative and closed on more negative. In these circumstances the year seems to be more dramatic. For small and medium investors, a line of caution is very much required. Big HNI Members, they have their own sources and resources. Belive in good fundamental stocks and not speculative. Long term is never bad for fundamental Shares. Till the end of March 24, PSUs will be in lime light. Many OFS in line. IRFC seems to be the first in line with others. Today Adani Group was on top. But at the end of the day they reduced the gains. Some allotment news expected today late in the evening. Funds required to apply Kay Cee. Wish you all the Members, the all time high profits in Share Market. ALWAYS BELIEVE IN YOUR OWN INNER VOICE.
61.1. Smile✍️| Link| Bookmark|
January 1, 2024 3:44:09 PM
IPO Guru (1600+ Posts, 900+ Likes)
Happy New year @PKRAJ Sir and all friends from Chittorgarh.com. Everyone was commenting that 2023 will be year of consolidation but given excellent returns, let's pray for same in 2024.
@Smile✍️ Very Happy New Year to you as well. Nobody was expecting a high of 72k and all were expecting many thousands. Nobody knows about tomorrow. Yesterday everything was in order in Japan and today, everyone knows. The same in Share Market. We get according to our luck. As a small investor, my investment is small so the return. I always try to avoid secondary market. For younger generation everything is good. I have my limitations but still enjoying and learning from Share Market and lovely members like you and others of this Forum. Best way for me to keep busy. Always be happy and healthy. Thanks.
Hi all, just out of curious ! can anyone share your experience of getting SME IPO and 1st Profit out of SME IPO or any good profit ?
59. G profit| Link| Bookmark|
January 1, 2024 5:10:20 PM
IPO Mentor (1000+ Posts, 300+ Likes)
Already oversubscription is by nearly 450 times. Better the company stops applications by today, so that there will be some better chance of allotment. Just in lighter note. 😊😁
58. M Gupta| Link| Bookmark|
January 1, 2024 4:22:38 PM
IPO Guru (1000+ Posts, 3100+ Likes)
No sense to apply at all as this is very small, already subscribed 450 times,
When Balaji funds become free, it will break records
Fully Agreed, most of us are just waiting for allotment results of Balaji and availability of funds by tomorrow first half to immediately come back and apply in this one
About two years back, there was almost no QIB (One or two SMEs in a year used to have QIB quota). Then the QIB frequency started increasing and slowly the introduction of Anchor Investor happened. Now the NII portion is meagre 14 % in a small issue SME IPO. And, at the same time retail quota also reduced , which has led to heavy subscription by NII and retail even in reasonable SMEs. So, one has to be very very lucky for reasonable listing gains.....
@NAND KISHORE PARWAL Can you please share more info on this. Did they gave raymond share against synthetic? What ratio ? And how to convert/transfer these to demat.
He recently opened icici trading and demat account.