Can somebody check the status of application number 13308597 and tell me the allocation status as the site mentioned in the above trail is not opening in my PC? Thanks.
Many persons appear to be disturbed as they have not got any allottment. When oversubscription is high, as in the case of mind tree, it is lottery all the way. maximum application in retail could have been for 225 shares. person applying for 245 shares can expect to get 15 shares in lottery in the ratio of 1 out of 2. person applying 30 shares can expect 15 shares 1 out of 15. similarly you can work out your chances. so do not blame company or registrar or SEBI. When demand is more, all can not be lucky.
Expected something like TATA's TCS allotment. I thought sootha's management is fair enough but not like this. I didn't expected this sort of disappointment from people . My impression on MindTree managent went down. Applied for 105 and got nothing.
Applied for 1995 and got 515 shares. Overall the employee category was subscribed little less than 4 times. Including ESOPs given by the company (which vested years ago), Mindtree on the listing day will become my highest holding, beating reliance by a long long margin.