Manglam Infra and Engineering Limited IPO Message Board (Page 2)

MODI hai toh MUMKIN hai...
But
BIG SHARE hai toh IPO MUSHKIL hai.😏
#Fact 😎

Finally confirmed: No allotment 0/3😏
Congratulations 🎉 to all allotees.👏

Added manglam then removed...wtf bigshare🤦🏻‍♂️

Apna kisiko allott kar rha hoga

First time delay in response from bigshare..

Btw who cares 😅
Big share = ____________

Today linkintime gave early allotment in Chetna and Bigshare is late.

As usual nil..
Doesn't matter who the registrar is for SME. Result always same for retail category.

For mainboard, 80% frnd is linkintime, 20%frnd is kfin.

Nil allotment

Registrar's site updated, check for allotments

Nahi mila

0/2 Retail, Kotak ASBA

0/4

Alotment out

Why Bigshare is too late for allotment this time... ⌚

Applied 2 Retail. RNFI application funds of Rs.378K not released by Kotak Bank till 3:00 pm. Always some problem with Kotak Bank for SME applications through UPI. ASBA is OK

In some/ many cases the allotment status is known ahead of Registrar's link updation. For this reason only started applying via UPA in recent times

Why do you want early allotment status?
You have enough time till listing.
UPI system not upto the mark as many funds are stuck as long as six months in some cases!!
Though RTAs are now update status much early.
Be smart 🤓

Can anyone please tell, which bank allows FD amount to be used for IPO application, apart from kotak bank. In kotak I know that there is Activmoney option. Any other bank with similar option available. If anyone is using please inform. I want to open account for HUF with this feature of FD amount available for ipo. Please reply 🙏

​@S Square ICICI, YES bank allows that, but, i do not know if they allow for HUF application..

​@Vimal Garodia Thanks Man.. if anyone else has info on this, please share.

​@Prachi @ Team Chittorgarh.com @Admin @ Chittorgarh.com Hi, I applied for Mangalam IPO through Prostocks and mandate failed due to insufficient balance. After keeping sufficient balance, I applied again and accepted mandate but as per prostocks, the application is rejected due to duplication. Still my money is blocked. Is there any remedy to unblock my mandate. Any one here can help me out. Thanks

Greetings @Niranj ,

The blocked amount may be released within 4 days after the IPO closing date (on initiation of the refund date).
The funds may be unblocked on or before the mandate end date(mentioned in the UPI App).

To unblock the amount you can also do the following:
1. In case the application has not been submitted and the money is not released/restored to your account, you can file a complaint through the UPI app.
2. Investors can contact their bank regarding the issue.
For more information check - https://www.chittorgarh.com/book-chapter/ipo-funds-unblocking/26/#ipo-amount-unblock-time

Thank you for your response. I would like to know why prostocks does not allow new application after the failed application. Prostocks shows the first application as cancelled when the UPI mandate is failed. When one application is cancelled why not another application of same IPO is not allowed. For your information, Zerodha has no such issues. I faced same issue in both DP but I could apply again through Zerodha, thats why I asked. Thanks.

Anyone with 19 lots, joining me ?

Moved application to 25 lots

Chetana me lots badha diye....& applied few retail here!
bigshare registrar hai yahan, woh miss out ho gaya tha....... 😶‍🌫️😶‍🌫️

Applied 1 retail application..🍀

​@Tejas Pandya - same here, just 1 Retail shagun ka 😅

Not allotted..🚫

Bigshare hai re baba.... Bachke rehna..... Avoided this and went for chetana

Bachane ka kaam bigshare khud kar dega...

Jahan GMP jyada .. jahan company acchi ..wahan allotment nakko re...

Jahan kachra company, jahan discount listing possible..bhar bhar ke allotments

SEBI should take action against such Corrupt Registrar

Applied 6 retail

Applied 2 Retail.

Apply 3 Retail application

pls join with 14 lots application..thanks

Joined you for 14 lot app ✌️

All biggies are trying to milk the cow (or cows) as much as they can and are finding "newer" ways of doing it. In this issue, the MM Giriraj Stock broking is taking allotment of over 10% of the issue size, almost equivalent of the HNI portion. I don't remember seeing such allocation before as I remember this to be always around 5% only.
Has anyone ever seen this much MM quota before?

What are the chances left for allotments for IPO applicants!!

Good point noticed. It shows their confidence in this Company.

Tbh.. given the current govt.'s focus on infra and energy sectors, anyone will have good confidence on companies operating in these domains (especially with Govt orders delivered and in hand). 
My point was more about how MM easily scoops up double the standard allocation given a guaranteed good listing and future prospects. Giriraj is also the MM for Tunwal but didn't increase it's share there to 10%.
Just highlights manipulation at the highest point out of greed for lucrative allotments.