Mega Flex Plastics Limited IPO Message Board (Page 6)

allotment out

28-30k S2 buyer (Rajasthan)

Waiting for repeat of last two day's story of no allotment.

Same here :)
Please update if the tide turns

Any expert knows S2 of Mega in Ahmedabad please,
Thanks

When will be fund released in UPI ? As well all want to apply for harsha engineers. Response from registrar is not proper.

by tomorrow afternoon it should be released around 12-2 PM

ALLOTMENT MOSTLY AT 10 OR 11 AT NIGHT

chances look slim here too for allotment.

Sharekhan allow to trade NSE BSE SME ipo ?

Yes

Hiiiii, IPO gurus.....please suggest best broker for opening minor demat account .....it's for IPOs only....where IPO share selling possible...thanks

Prostocks

Respected members, iska allotment kab TK ho jayega?? Link plz

@bhav, ok saheb

@valueSeeker, thanks

I applied for Virtuoso & Mega flex....

What is your review for Sabr Flex, shall I apply?

Applying in IPOs is much better than Buying a Lottery Ticket.

Lesser Risky, If not got the allotment all money will be refunded.

If Got May be good Profit or little loss.

is third party application is aplicable or allow in sme ipo

@Monster Zero: SBI is a mess. Attempted registering trice on yono lite but failed at one or another step😣

App thoda buggy hai .and sbi has too much server traffic...bada bank hai yaar....u can try again and again.

Mega Flex vs Sabar flex
Comparison to Banta Hai
Price, material they are preparing and blocking of funds in Harsha IPO are positives for sabar.

Dono nahi milega.

To all the respected members of this forum :
and @admin

My lien amount for Agni green power IPO is not released till today. I was not allotted.
I have mailed and did phone call to registrar many times, visited bank and given complaint. Ive mailed npci also.
But, still its not unblocked.

What was the maximum duration for which your amount was blocked at any instant ?
What should I do ? What options do I have further for immediate resolution of this issue ? Please inform if you have any suggestion.

I have very limited funds and have missed applying for IPO's in past 42 days due to this blocked amount and missing the opportunity to apply for current IPO's.

@Amit Saurabh sir

Regarding Ameya IPO,
Mandate end date is 14/09/2022. So, still 4 days left. Please update the status thereafter regarding unblocked amount.

But, with respect to Agni green power ipo,
Mandate end date was 09/08/2022. My amount is still blocked for 32 days past its due date.

I’ve had a similar issue. Whilst applying through Canara bank for Megaflex, error came up, “Error: Application not submitted, try again.” I submitted again, received the same error.
No application was successful, but lien got created and funds got blocked. Canara bank says, need to contact registrar to release funds.
Any ideas?

@true info ji
Tell your preference in this below i have 26l funds
1. Harsha
2.annapurna
3.viranium

@ Arca, thanks for remembering. To tell you frankly, I am no expert, but an ordinary investor like you. My priority is same as yours. Max in Harsha. Annapurna, allotment will be difficult due to 50% QIB and very heavy subscription.

Another thing @Arca, IMO, no use applying Annapurna HNI with limited funds. Only 15% of the issue for HNI. May apply some retail at the most.

I am using Upstox. And my UPI limit is only 2 lack, and this is the reason , that am not able to apply in SHNI category.I Read many mambers comments in this fourm, that they have 5 lack UPI limit. How can i increase my UPI limit 5 lack from 2 Lack. @IPO GURU, or any mambers, kindly help.. Thanx in advance.

@Bharat vaishnavi, You have a limit of 2 lac because retail application max limit is 2 lac, Upstox, groww, etc don't support hni applications via UPI. In my knowledge only zerodha and Edelweiss support it. Open a zerodha account for applying IPOs in shni category via UPI, u can apply SMEs also. Remember Shni application time is 4 pm , mandate can be accepted upto 5 pm. 1-2 lac retail, 2-5 lac shni (UPI), 2-10 lac Shni( asba net banking), 10+ lac Bhni (asba net banking)

@Monster zero
@M.K.. Thank you.. Both of you... For your reply

Hii

I applied shni from zerodha …2 lacs application…for me and my wife.

My wife’s bank is standard chartered and mine is icici.

UPI mandate was accepted for my application while rejected for my wife. Is there something to do with bank for upi mandate accept limit ?

Looking at the subscription figure compared to Viviana Power, it is less demanding even though SBT rate is high !

Power Industry looks more promising in coming days and that’s why investors are keeping eye on the Power companies !!

Wishing everyone good luck for the allotment and best luck to allottees for the handsome return !!

Just keep doing good things and help to people, it will surely come back to you like boomerang 🪃

Hi, Just a paper back calculation on allottments ..
Issue Size: 11.4 Cr
HNI Size: 5.7 Cr
Total lots available for HNI - 570/1.2 = 475
HNI Subscription (52x) = 296 Cr.
As such, avg. investment amount required for 1 lot = 62.4 Lakhs
If total of all applications with your number of lots is less than 62.4 L, you get nothing
If you are applying odd lots to improve your chances (e.g. 28 Lots like Dineshji), you should team up with others to make total money surpass this amount.
Keen to know thoughts from Sr members, which will help us devise strategy for best allocation chances in future IPOs.

Thanks Karanji. I was referring to your reply to Yogesh Patil, where you said if number of proportionate shares in your category is < 2000 (lot size), then you get nothing. Please clarify, if they still have a chance to get 1 allotment based on some ratio.

@common man…

Thats true if in your application size, total is less than minimum lot to be awarded, then no allottment.