think about it, if the applications are received by software, reviewed by software allotted by software, then why do they take a long time to update on site on the allotment date !!!????
@VIKASH CHAURASIA, kiya misaal di hai aap ne,,,,,,, yaar woh result roll number ke hisab se morning se hi available hona shuru ho jate hain. aur yehan sab ko raat 10 ya 12 baje tak latkaya jata hai aur sab ka ek saath result aata hai..... agar aap ke sisab se hota to application number ke hisab se morning se hi allotment dikhna shuru ho jana chahiye tha
Probably the allocation strategy of Linkintime is not fair and correct. I applied for Policybazaar IPO for full (7 lots), but didn''t get any even after 3.31 times subscription in retail category. After many mail conversations, they have provided the base (I think here I can''t attach any doc or pic). Summary is- for any number of lots applied, anybody may get max 1 lot with a probability of 21/44. So in 7 lot category, 6766 persons applied for total 13L shares and only 3230 persons got 1 lot each (so only 48K shares allotted from requested/applied 13L shares), whereas with single lot category, 7.47L people applied and 3.56L persons got 1 lot each (so 53L shares allotted from requested/applied 111L shares). So don''t hope much from Linkintime. And data shows - no benefit for higher lot applications, all are same probable.
I am not able to veiw even my application status on bse it shows no record found so it means the even my application was not submitted does anyone else have same problem?
Last highly subscribed IPO i received was Shyam metallic , after that i have received Aptus and cartrade but they had very low retail participation and also listed in discount , i have seen if any issue has 10x-15x or more retail subscription then i don''t receive the allotment ....highly disappointed , thinking of not applying in IPO''s from now , it''s a waste of time....
@swing trader, please be patient and apply in good IPOs. As it is through lottery, sometimes we may not get, but patience pays and you will get allotted in some future IPOs if the application is correct and accepted. All the best.
293.3. sbipo| Link| Bookmark|
November 17, 2021 10:52:56 AM
Top Contributor (400+ Posts, 100+ Likes)
@swing trader, Same with mr too,I dont know probably it has something to do with past life karma,anyway b +ve and keeps on applying and offer coconut to Bajrsngbali ji
This has reference to your SEBI Complaint Ref: SEBIE/DH21/45241/D/1 regarding non-allotment of shares in the captioned IPO.
Since the IPOs was oversubscribed, the allotment was based on lottery system i.e. draw of lots. Referred applications (no. GROWW53389xx & GROWW56910xx) were not chosen in the allotment process of "draw of lots", held at the Stock Exchange and therefore, you are not allotted any shares.
We strongly refute your claims regarding any irregularity in the allotment. Please note that the allotment is finalized in accordance with the regulations.
Why do small investors not get allotment? So does it mean that we have to buy always at higher rates when ipos get listed so that big fishes get their profits??
@Aishapan, in many IPOs when it is highly subscribed, difficult to get an allotment. It doesn''t mean that we will not get, sometimes it gets delayed. Be positive and continue as the allocation is through lottery.
Steps to check Latent View Analytics IPO Share Allotment status via BSE - https://rb.gy/egq3hb
287. ipobull| Link| Bookmark|
November 17, 2021 8:59:09 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Sansera has finally touched a new life time high today crossing its major resistance levels. I think there is no stopping it till around 985 levels. Glad to have accumulated it @ 720 levels.