LIC IPO - Does applying for more than one lot increase the chances of allotment ? As the LIC IPO is likely to be oversubscribed, does it make sense to apply for more than one lot under Retail / Policy holder category under a single Demat account ?
Zenith Computer, S. Kumar , Empee Distillery, Reliance Power, Master Gain mein Grey Market mein short selling Kiya tha sab k sab haath unche kar diye. Acche Achhe aur sound party ne bhi.
The information as available on BSE website LIC IPO book building page
504. U. K.| Link| Bookmark|
May 2, 2022 6:32:15 PM
IPO Guru (1700+ Posts, 900+ Likes)
#VenusPipes main board IPO Expected on 11th of May 2022 Size ~200cr Price ~ Rs 326/share. Category: T2T
#DELHIVERY IPO Issue Dates : 11 May - 13 May Issue Size : 5,235 Crore fresh+ OFS
After break #May is month of IPO, #Paradeep #Delhivery #Prudent are on the #Way, list isn't over more to be come GMP: #LICIPO 70 #campusipo 90 #RAINBOW 25
504.1. Manup| Link| Bookmark|
May 2, 2022 7:33:05 PM
Top Contributor (400+ Posts, 200+ Likes)
Thanks for updating about IPOs.. One of the most reliable forum member you are..pls keep updating GMP and your veluable recommendation . Once again thanks..keep posting ..
BIG BREAKING Venus Pipes & Tubes Limited file RHP with SEBI on 2-May-2022
Issue Date : 11-May to 13-May, 2022 Fresh : 50,74,100 Shares Retail : 35% FV : Rs 10
IPO Open : 11-May-2022 IPO Close : 13-May-2022 Basis of Allotment : 19-May-2022 Initiation of Refunds: 20-May-2022 Credit of Shares : 23-May-2022 IPO Listing Date : 24-May-2022
Yes. Most of the general questions are already answered by chittorgarh. Please read all.
LIC IPO Limits in Reserved Quotas
Rs 2 lakh investment limit in policyholders, employees, and retail investors' quotas. Policyholders can Increase limits by bidding in the "policyholders + retail" quota (Rs 2 + 2 lakh). Employees can Increase limits by bidding in the "employee + policyholders + retail" quota (Rs 2+2+2 lakh).
495. lokes| Link| Bookmark|
May 2, 2022 3:59:34 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Admin: can you update on this? there is no reply here from you https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1249&c=506222&ap=0 will you add this info in lic ipo or not possible ?
Please confirm is it worth to apply more then 1 lot in policy holders category if it subscribe 100%.
And if policy holder category subscribe 10 times and I will apply 1 lot only then is my 1 lots is confirmed or i will get 15share in 1 lot /10= 1 shares only or how the things work
Policy holder is proportionate basis so no confirmed allotment.but i am sure in retail you can get 1 lot per person since total application is 49lakhs plus and if you apply for more than 1lot you will atleast get 50% of what you apply extra .eg If you apply 13 lots i expect you to get 7lots or more in retail.
Proportional allotment in policy holders category. If under subscribe then you will get full allotment, but in this category it will be over subscribed.
Don't use single upi I'd for 2 or more applications otherwise all applications will be rejected as happened with me in Ruchi Soya plus unblocked amount while using single upi I'd for multiple accounts in Campus IPO๐