I had applied through UPI and got allotted but they debited two time of same amount. Should I wait for auto refund or complaint it? If I have to complain, then where? respected members please guide me
797.1. jay here| Link| Bookmark|
November 19, 2022 5:15:33 PM
IPO Mentor (800+ Posts, 700+ Likes)
Check your passbook and if your money is debited twice email them at kaynes.ipo@linkintime.co.in. Registrar will help you out. Hope this helps.
Yes you can as people are still getting allotted in 3rd party applications but it’s always better to apply from own account, though no worries you can apply.
@Monster Zero i also received 3 rd party allotment. but it was twist in todays allotment.
messsage came at afternoon in sbi hold removed ,it means not alloted. when checked allotment it shown alloted immedeatly checked sbi account it was debited, no message of debit.
sbi cought my catch but linkitime umpire said its no ball.. later rest history,,, on no ball its sixx...........
Guys.. I'm traveling from tonight to Sunday morning..... All strategies will be discussed on Sunday evening after watching sgx nifty and dow jones movement. Keep the thread alive...🤟
793.8. arvindarvind| Link| Bookmark|
November 18, 2022 8:36:16 PM
Top Contributor (1000+ Posts, 200+ Likes)
Sir can We hold it for long term or sell on listing. What is the future prospects of this company.
793.9. jajo| Link| Bookmark|
November 18, 2022 11:48:27 PM
Top Contributor (300+ Posts, 200+ Likes)
@Monster Zero, Congratulations for the coup! And bumper profits.
Congrats!! And to all who got it too! (The others wish you luck next time) Am a newbie out here. Just started with the retail applications to DCX/ARCHEAN/GLOBAL HEALTH..(did not get any ☹️) But struck gold with KAYNES TECH 350 shares sHni 1/1 SBI ASBA 😀😀
793.11. ValueSeeker| Link| Bookmark|
November 19, 2022 12:55:08 AM
IPO Guru (1500+ Posts, 600+ Likes)
@Krypto Global Health was a case of firm allotment in Retail, as it got undersubscribed. Suggest you to ensure correctness / matching of your details recorded on PAN, bank account holder name, demat account holder name etc.
Yes, some technical failure... Learning curve... 👍
793.13. ipo share| Link| Bookmark|
November 19, 2022 5:15:32 AM
IPO Guru (1600+ Posts, 800+ Likes)
@Monster Zero Congratulations and all the best for bumper listing. I got 1 retail and nil allotment in 3 SHNI. So, your strategy to apply full force in retail was spot on. Please share your strategy in future IPOs also. Thanks. 🙏
@ lucky boy sir Linkintime sent me email of allotment of 1 lot and amount debited
After some time send me another email stating that "Your application was bidded but not banked for marking a lien on bank account " and you are not alloted shares My amount is debited but zerodha shows no allotment What to do sir please
793.16. Abhii VPG| Link| Bookmark|
November 19, 2022 10:59:50 AM
IPO Mentor (1000+ Posts, 300+ Likes)
@Ipo Block Plz clarify did you get 3rd party allotment from sbi only or Axis ASBA also? Thanks.
793.17. Nicks Jain| Link| Bookmark|
November 19, 2022 11:48:45 AM
IPO Mentor (700+ Posts, 900+ Likes)
But as far as i know, SBI is not allowing to apply for 3rd Party ASBA
@ashvini ji..... Please check whether you are not confused between archean and kaynes email. Next if your name has been allotted on linkintime website then you will get shares whether amount is blocked , Unblocked or debited .. Payment is secondary step after allotment, So please checkout your allotment from linkintime website and be assured that Money will be debited sooner or later... it's not your fault.
@kumar IPOs Application via yono lite still works.... And u can apply upto 6 applications 1 upi + 5 asba This what i follow...and this time it worked 100% allotment on 1 single account. Nothing extraordinary here, just taking sbi benefits until it lasts.
There is no as such limit to apply from single upi id till 3rd party allotments are valid.
790. svh| Link| Bookmark|
November 14, 2022 5:38:39 PM
IPO Guru (2600+ Posts, 3700+ Likes)
QIB : 98.7 BHNI : 23.8 shni : 18 RII : 4.22 App-wise : 3.96x before technical rejection Approx : 3.7x-3.75x after technical rejection RII allotment can be very liberal. Better chance of allotment. All the best.
1:56:53 PM I got one application 17 th once amount was debited in UPI txn but showing failed. Today one more time again debited.. What i do. Anyone help pls
@B.M SURANA me to also from nagaur how can i contact u if u share mail id
783.9. B.M.SURANA| Link| Bookmark|
November 16, 2022 9:47:20 PM
IPO Guru (2700+ Posts, 5300+ Likes)
@Krishnagj GMP मे 1994-1996 में नागौर में बहुत लोगों ने सौदे का Difference नहीं दिया! Grey Market Sirf Jaan pehchan Walon se hota hai. Nagaur mein Singhiyon ki Pole Mein meri jaankari mil jayegi Jo 1994-96 mein shares ka karte thei!
783.10. B.M.SURANA| Link| Bookmark|
November 16, 2022 10:36:14 PM
IPO Guru (2700+ Posts, 5300+ Likes)
"રમત થશે" "ஒரு பயங்கரமான விளையாட்டாக இருக்கும்" "KhelaHobe" "খেলা হবে" बड़ा कोई खेल होगा]👇 ✅️KAYNES TECH Chennai Raipur Kolkata GMP Eksho Pichasi - Eksho Nibbe Maal Lao Maal Lao ho riya che. Bechwal konni
I never got allotment in SHNI category till date Is there anything I missed in SHNI category ? Anybody give me reason why not ever allotted single application of SHNI category?
@ B.M surana 1994 tb to hme kuch smaj m nhi tha .... ap purane Khiladi ho market k tbhi apse contact krne ka socha .......and good knowledge and wide area contact......
Sir, agar muje gray market me meri application bechani h allotment ke pehle to kaise bech sakte h, Mai pune me hu, mere pas 40 application h...
783.17. B.M.SURANA| Link| Bookmark|
November 17, 2022 11:04:36 AM
IPO Guru (2700+ Posts, 5300+ Likes)
@Newcomer Grey Market koi bhi naye Investor se nahi karta. Koi Gurantee dene wala chahiye. Aap jehan rehte ho Wahin dekho kaun karta h GM yaa Jaipur Jodhpur, Mumbai Ahmedabad, Surat Vadodara mein koi jaan pehchan hai to wahaan contact karo. India ka 90 % GM Rajasthan. Gujarat. Mumbai mein hota hai.
783.20. B.M.SURANA| Link| Bookmark|
November 17, 2022 5:00:50 PM
IPO Guru (2700+ Posts, 5300+ Likes)
Grey market ke liye Apna dimag Kharab mat karo GM har kisi ke bas ki baat nahin hai. Mr. A ne Mr. B ko Global health ₹22 Premium par becha Mr. B ne Mr. C ko ₹24 Par Becha Sauda kata ₹401 [ ₹65 Premium ] Mr. "A" Gayab Mr. B ne Loss ka Mr. C ko diya Apni izzat & Reputation bachaane ke liye. Grey market ke Liye Kaleza Guarantee dono jaroori hai.
783.22. B.M.SURANA| Link| Bookmark|
November 17, 2022 9:16:18 PM
IPO Guru (2700+ Posts, 5300+ Likes)
GM Upre Eksho Nibbe- Baanve
783.23. B.M.SURANA| Link| Bookmark|
November 17, 2022 9:16:33 PM
IPO Guru (2700+ Posts, 5300+ Likes)
GM Upre Eksho Nibbe- Baanve
783.24. B.M.SURANA| Link| Bookmark|
November 17, 2022 9:49:56 PM
IPO Guru (2700+ Posts, 5300+ Likes)
KAYNES techno GM Chennai Raipur Kolkata Tajaa bhav Upre DoyshoPanch - Dash KhelaHobe খেলা হবে? Khel jor Chal riyo Chhe
783.25. B.M.SURANA| Link| Bookmark|
November 17, 2022 10:23:09 PM
IPO Guru (2700+ Posts, 5300+ Likes)
GMP Aag lagi hai আগুন ধরে ছে 🔥🔥🔥🔥🔥
783.26. B.M.SURANA| Link| Bookmark|
November 17, 2022 10:34:35 PM
IPO Guru (2700+ Posts, 5300+ Likes)
6 SHNI 1 Alotment
783.27. B.M.SURANA| Link| Bookmark|
November 17, 2022 10:34:49 PM
IPO Guru (2700+ Posts, 5300+ Likes)
6 SHNI 1 Alotment
783.28. B.M.SURANA| Link| Bookmark|
November 18, 2022 1:15:16 PM
IPO Guru (2700+ Posts, 5300+ Likes)
Kaynes techno Chennai Raipur Kolkata GMP 🔥 Dosho Pentish -Pentalish খেলা হবে खेल होगा KhelaHobe આગ લાગી છે आग लगी हुई है 🔥🔥 আগুন ধরে গেছে 🔥🔥🔥 খেলা হয়ে গেছে
I think LinkinTime process is not transparent. Till now I never got allotment. I used to think it is bad luck. But for this IPO I have applied for 2 retail applications(me and spouse) of 4 lots each. Both not allotted inspite of the fact that retail subscribed only 4 times. This is seemingly impossible unless majority of retail applications are for 1 or 2 lots which I really doubt.
782.1. Ankur Goel| Link| Bookmark|
November 18, 2022 11:03:44 AM
IPO Guru (1300+ Posts, 600+ Likes)
You are wrong. More than 97% applications in retail is only for 1 lot. So it is not true that you will get confirm allotment when issue subscribed 4 times.
In retail whether you apply 1 lot or in multiple of 1 upto 13 lot, the chances of allotment remains same. You applied 4 + 4 lots in two PAN doesn't guarantee confirm allotment. Both PAN has 25% chances (probability) of getting allotments.
Rama Krishna Prasad ji sahi bol rahe ho aap agar linkintime process transparent hota tho kya allotment site par nahi aata jabki amount unblock ho gaya hein mostly sabka. amount unblock hogaya lekin allotment site par abhi tak nahi show ho raha hein
Rama ji ye Hera Pheri tho aage bhi hoti rahegi kyoki isme SEBI koi action nahi leta ek baar mein is registrar ki complaint SEBI mein kari thi lekin waha se reply aaya ki allotment process ek dum sahi hein. tho phir registrar ki tho himamat aur badjaayegi ki Hera Pheri Aur Karo.
Being a computer expert, I can tell there is something wrong. For example, why any investor will apply for only one lot on day 1 of IPO when he does not know how many times IPO will be subscribed? My gut feeling is this registrar may be processing some percentage of each category separately to advantage somebody so that unnecessary doubts are avoided. If anyone in this forum wants to complain to SEBI, first thing that needs to happen is ask this registrar to provide following data for this IPO:
1. No of applications for 1 lot 2. No of applications for 2 lots . . . 13. No of applications for 13 lots
I am almost positive that he will not provide this information
Courser, I am talking about what if every retail application has at least 4 lots in which case subscription will be way more than 4 times and yet everyone can get allotted at least 1 lot. I am not talking about mathematical probability here.... but seeking facts because of too many not allotted inspite of the fact that subscription of 4 times is not that big especially when retail max is 13 lots
782.8. Ankur Goel| Link| Bookmark|
November 18, 2022 11:25:36 PM
IPO Guru (1300+ Posts, 600+ Likes)
Rama prasad, number of applications in each lot category is mentioned in basis of allotment. Check basis of allotment of other ipos. This ipo's basis of allotment will be out within a week.
782.9. jajo| Link| Bookmark|
November 18, 2022 11:36:37 PM
Top Contributor (300+ Posts, 200+ Likes)
@RKPrasad, In retail category the share allotment is as per a draw of lots on lottery basis if the issue is oversubscribed. Therefore, every valid applicants, irrespective of the number of lots he applied (1 or 13) has got an equal chance if he is lucky enough to be selected in the lottery. More lots means no priority or any preference in the lottery. In your case your 1 application of 4 lots and another person's application of 1 lot stand the same chance of winning, if selected in lottery. Of course, I also feel the whole allotment process lacks transparency and therefore, lot of complaints and controversies arise later.
It doesn't matter you apply for 4 or 14. In Retail Your application will still be considered as Single App and in 1x+ allotment will be of 1lot only . Better apply from more accounts for single lots I'd say you need atleast 4-5 accounts. Avoid UPI go with SBI,AXIS,ICICI,HDFC,KOTAK ASBA and don't apply at last minutes
Haven't got any allotment here 0/4. I'm not going into Transparency, Frauds and all sort of things but If you apply from one or two then luck is only your deciding factor.
Rama krishna ji लिंक इन टाइम पर ब्लेम सही नही । आपको अलॉटमेंट नही मिला, ये किस्मत की बात हे। मुझे syrma में 1 में से 1 shni,24 में से 6 dcx में 0 emi 1,areachen 27 में से 4, कायनेस में 5 में से 1 shni,22 में से 5 रिटेल अलॉटमेंट मिली है।सब किस्मत की बात हे। में पिछले 5 वर्षो से देख रहा हूं कभी मिलती हे कभी नही
My Recent history 0/3 in Tracxn 0/4 in DCX Fusion not applied 0/4 Bikaji 3/3 Global Five star not applied 0/3 Archean 0/4 Kaynes 0/1 Inox Keystone not applied Most of the time it's Linkintime
Ankur, Caption, jajo, Hashsting, I think you are not getting what I am trying to say. An oversubscription can still guarantee allotment. Let me take an example:
Let us say there are 25 lots in retail and there are 10 applications as below:
Application A = 5 lots Application B = 8 lots Application C = 4 lots Application D = 10 lots Application E = 7 lots Application F = 2 lots Application G = 6 lots Application H = 8 lots Application I = 3 lots Application J = 7 lots ------------------------- Total lots = 60 lots -------------------------
Here it is oversubscribed by 2.4 times(60/25) but everyone(A to J) will still get at least 2 lots and 5 of them will get 3 lots.
Coming to Kaynes IPO, applications can be for 1 lot to 13 lots. That is why 4.10 times subscription in retail is not big to get allotted at least 1 lot unless most of the applications are for 1 or 2 lots. That is why I was asking lot wise applications information.
I still believe that in case of oversubscription, this registrar is not transperant.
@RKPrasad. In any GOOD ipo u need not apply more than 1 lot in retail. If alloted u will get only 1 lot as there will surely be oversubscription. If any ipo is subscribed more than 1 times application wise then only 1 lot is alloted by lucky draw.
779. Eagleye| Link| Bookmark|
November 19, 2022 12:30:11 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Kaynes Technology GMP 228 +/- 2
778. Learner SK| Link| Bookmark|
November 19, 2022 9:21:33 AM
Top Contributor (1000+ Posts, 200+ Likes)
I just opened one Axis Bank Account. While accessing the IPO page, it is showing ACCESS DENIED. PLEASE CONTACT BANK ADMINISTRATOR. I googled the procedure and it says, there is a ROBOUST system called AXIS IPO SMART for which we need to do a one time regn. But I am not able to find the option. They are referring to their internet banking i-connect. But i-connect is only for corporate login. Can anyone please help.
In the setting there a synch button . Click synch and then refresh . Recently I faced same issue and contacted the branch . They advised this method and now it’s not showings access denied . Im able to apply .hope it helps .
778.3. Learner SK| Link| Bookmark|
November 19, 2022 10:06:13 AM
Top Contributor (1000+ Posts, 200+ Likes)
Hi Shreya - Thank you. But where is setting option in netbanking.
778.4. Learner SK| Link| Bookmark|
November 19, 2022 10:08:40 AM
Top Contributor (1000+ Posts, 200+ Likes)
Hi Shreya - I found under profile. There is an option to refresh. Refreshed, got message that all accounts are synced. but same error again.
I am following the correct path : Netbanking >> Investment >> IPO
Yes that’s what I have done and worked for me. If it’s not urgent then complain to first level on axis service portal with your register mobile and email. Don’t forget to attach the error.They will respond within 24 hrs . It’s just a it issue not a big one .