I'm talking about the funds blocked due to allotment. 6 IPOs ...even if listed ..you can't withdraw funds until t+2 days.. And 3-4x is for retail application wise
In that case, it is good for us as we are applying in SHni and retail both and chances of allotment increase. I applied 5 SHni in Archean and hope to get something this time atleast in Archean and Kaynes.
@MonsterZ good morning. Yesterday all holds revoked. Small clarification. Ipo if oversubscribed are they mixing retail and nii numbers. What is the ratio and rules. Because I applied for 7 lots in retail single application where as over subscribed 4 times. I thought I will get minimum one lotplus extra. But our friends are telling it will be 1/4 for one lot in lottery. Please clarify. Thanks.
@Boyani....u have a chances of winning 1 lot or nothing You should have applied 7 individual applications... applying 7 lots is illogical because once ipo goes above 1x..all the individuals who have applied, are in lottery.
From 12Nov22 early payin instructions without UCC will lead to payin failure/shortage in settlement obligations due to implementation of block mechanism - CDSL
Early pay-in is introduced to save penalty on selling of shares without margin. UCC is unique client code.As per the message, CDSL/NSDL/Exchanges want to make sure that Early pay-in is done only for the client who has sold it, NOT on the basis of only Consolidated Broker Report. So now shares are blocked in DP if early pay-in is done by the Broker. This(UCC Compusory with early pay-in) has been done since many brokers give only Early Pay-in report without mentioning seperate UCCs.. Hope Clear
214.2. ℙ𝕣𝕠𝕗𝕖𝕤𝕤𝕠𝕣| Link| Bookmark|
November 15, 2022 2:05:31 PM
Top Contributor (600+ Posts, 200+ Likes)
How did your wrote your name at the end in different style
I am getting the above message many times today. I have bought Dcx on Friday and sold It on Monday. Now in this case is there any fault of mine? I don't think so. Also will there be penalty charged for short delivery etc cases??
Jai Jinendra.....Ipo bharo aur bharne Do....
214.4. UjwalG| Link| Bookmark|
November 15, 2022 7:48:24 PM
IPO Guru (1300+ Posts, 600+ Likes)
Ashish ji, earthking had posted this in archean chem page Dear Sir/Madam,
Greetings from IDBI Capital Markets & Securities Ltd!
Kindly note, across the broking industry, the sell trade settlement mechanism has changed starting with the trades executed on November 14th, 2022.
Under the new mandated mechanism, the stocks sold by clients will be “Blocked” in their demat account in favour of the “Settlement number” under which they have executed the sell and will not move to the broker’s pool account.
The clearing corporations will directly use the Blocked stock quantity to extinguish the client’s obligations towards sell trade on the day of settlement of trade, i.e. either on T+2 or T+1 days, based on the scrip sold.
This is y most of us received blocked msg once share is sold...
Applied 9. Atleast 1 milna chahiye. Anyway God has been great. Syrma , Harsha, electronic marts, DCX and hopeful for archean, bikaji and global for profit as well. Got 1/4 bikaji. Got 1/1 medanta. Let's all mint Money 💰
Thank you @svh @cyberdude yes dcx was quite luck to me as retail was 60x but others i applied from 10 account excluding 4 relatives. So already expected to get 1.
@ipo traders. Not me my friends. Above-mentioned i got all in my friends so had to give them 20%. My personal account last oversubscribed ipo was hariom pipes.
Employee subs is 12x which comes to 3,13,500 shares bid by employees Total cost of apply by employees = 313500 * 587 = Rs 18,40,24,500 No of Employees = 19 Average Amount applied by each employee = Rs 96,85,500
Just 19 employees in R&D out of total 1500 means this company did not invest in innovation which is not good for long term. Tech companies without innovation won't sustain in long run
1️⃣ Kaynse ki application wise subscription detail kaha se mile gi ?
Another question
2️⃣Basis of allotment ka page kahase milega ?
( It will really helpful if you provide direct link otherwise it's ok )
Thank you in advance cause i know that all members never disappoint other members 😊
208.1. UjwalG| Link| Bookmark|
November 15, 2022 1:19:26 PM
IPO Guru (1300+ Posts, 600+ Likes)
1. Dont have a link, but axis securities publish a note on app wise subscriptions on last day 2. https://www.bseindia.com/markets/PublicIssues/IPODRHP.aspx BoA idhar upload hoga after allotment or you can directly access from chittorgarh tab BoA after allotment
Dear group members. Ipo subscribed 4.2 times in retail. I have applied for 7 lots in retail. What are my chances of allotment. Is it confirmed allotment or lottery . Please seniors clarify . Regards. Thanks
Based on the subscription your chance should be 1.67 . Since its a lottery you can either get all 7 or no allotment. and if you have applied all 7 lots under one pan card then only one lot will be considered for the lottery.
If you applied 7 lots in a single application only, then it will be at par with those applied for just 1 lot application, and your probability of allotment will be 1/4.2 that is 24%.
I wrongly applied Employee category my application also accepted. Got mail from BSC. Is it valid? else allotment time they will rejected my application?
204.1. UdanKhatola🛸| Link| Bookmark|
November 14, 2022 11:55:16 PM
Top Contributor (200+ Posts, 200+ Likes)
Applied 45 retail applications Last minute 🙂 Just saw GMP AROUND 120 bhni oversubscribed So went in retail Hoping for 10 lots 🙇🏽 And then QIB subscribe 100x So felt relieved
@aryangupta 45 to thik h but mostly linkintime rejects 3rd party as per new sebi rule. I never got allotment Via 3rd party UPI/ASBA. So tell us how do you manage mandates for all 45 people along with their bank?
Did all IPO application get submitted to BSE exchange? Because I always get mail only from BSE stating that my application is submitted, never seen this from NSE.
201.1. UjwalG| Link| Bookmark|
November 15, 2022 12:02:26 AM
IPO Guru (1300+ Posts, 600+ Likes)
It depends on your broker. Zerodha always applies at nse,and nse just sends sms regarding application, no email
Thanks for creating such a beautiful platform. This is my first time in applying under SHNI category, the application went through successfully, but i realised later that i applied it at cut off price. Will my application be cancelled or stand approved? Also how to decide on the bid price to further the prospects of allotment if applying in SHNI? TIA
Thanks for the reply. I got an email from bse where my application price shown is higher one that is 587₹. Should I assume that it stands a chance?
200.3. Earthking| Link| Bookmark|
November 14, 2022 10:10:12 PM
IPO Guru (1300+ Posts, 500+ Likes)
Generally that option is blocked for hni... Since it accepted that option , it is considered valid only... So u have good chance still to get allotment... All the best...
It is difficult to understand the subscription figures of Employees. About 12 times. What ever the reason it may be. Is there any benefit to the Employees or manipulated (may not be) figures? Even retailers have not participated whole heartedly. sHNI good figures at the end. Better chances of allotment to retailers. Best of luck to all applicants.
@PKRAJ Sir Retailers had a good quota of 35% so oversubscription of 4x may seem small on the front but roughly 8lakh plus applications received, so good enough.
Whereas employee quota too small , that is why oversubscription is greater for employee.