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84. Modi Adani| Link| Bookmark|
January 25, 2024 5:38:19 PM
Top Contributor (400+ Posts, 100+ Likes)
Alloted 0 shni again. Allotment subscription number is high but SEBI have to make this process transparent.
Its almost 64th application and no allotment. (In SME) There are other member also who tries this from 4 to 5 years and still never alloted to SME.
Earlier some people comments that it depends on registrat to registrar too, (SME might be internally handled some percentage as SEBI not monitoring SME allotment process.)
Planning to quit this block unblock game in SME. (Better enjoy 12% fix return on mutual funds without any analysis.)
84.1. Modi Adani| Link| Bookmark|
January 25, 2024 5:56:44 PM
Top Contributor (400+ Posts, 100+ Likes)
Rare thing about allotment processs i didn't understand is.
As developer in FAANG, I didn't understand how their algorithm works.
Nearly 140 IPO i applied in last 2.5 years ( 64 SME and 70-80 mainline), Skyline, bigshare, maashitla, masserv, and other never alloted any lot till now. Linkintime alloted 7 applications till now & Kfin once in 2021.
Based on this data, I have superstition that I only get allotment if linkintime is registrar. 😆 There should be something like "one user can get allotment from maximum N registrar".
83. M Gupta| Link| Bookmark|
January 25, 2024 5:55:05 PM
IPO Guru (1000+ Posts, 3100+ Likes)