applied 225 on the very first hour of IPO openning and got only 15. I am very disappointed. May open at 600 level and then may see 350 odd levels by Jun
Hi All I applied for 200 shares and inturn got nothing(A big Zero). Can anybody tell me what is the process of returning money. Is it through deposit/Check. How many days they will take to return money? Thanks Ravi
As my earlier message stated before good ipos in recent times and hold are: pfc,first source,indian bank,mindtree, idea. i think mindtree will list above 700+ and looking at tech mahindra it would be soon that this company would go above 1200+. people who got it are really very very lucky as none would have chance to buy below 700
Even I got no shares against my application for 225 shares. In retail it was oversubscribed by 30 times. At least 15 shares they should allot. I cannot understand what SEBI has made the rules for them for the allotment of shares.
i appld full in 4 appl & got 15+15 in 2 application.listing expected 800-1000 .few share available so less courage to short the share.buy if list @600-700 range
Noshares allotted againsat my application for 45 shares. It seems that IPOs are not meant for small investors. As seen from the comments of so many investors, even those, who applied for 225 shares, did not get any shares. Small investors do get the allotment in those companies which are normally listed below the issue price. What a pity!
Kiran, in this fast paced world 21 days to know if you are allotted a share are not is too much…I think the process should not take more than 10 business days as today we can do wonders with computers around. The unused fund which everyone locks is a national waste, not accounted anywhere!