Mrs. Bectors Food Specialities Limited IPO Message Board (Page 27)

10 retail applications. See my post #178. I have explained the reasons in detail.

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I got 3rd party allotment in CAMS, also few people got 3rd party allotment in Burger as well. So I think it works.

I am also facing same issue with SBI ASBA OTP . Any solution expected before tomorrow.

Just push resend sms button. I just applied

...I applied thru SBI just now ...it is working ....ask for resend OTP ....

Same Problem

SBI Net banking not behaving correctly since 1st Dec. It is better to apply off peak time if you are dependent on SBI otherwise use some other banks

No.

no

No..Max 1 lot irrespective of number of lots you have applied for.

Max 1 lot and that too by lottery system. So allotment purely on luck.

Chances of even 1 lot is less, more than 1 is not possible.

Apply 1 lot from each account RII

Depends on how much capital you have.
If it is more than 50 lakh then apply as many lots as you can from one single account in HNI category. If the capital is less then apply for 1 lot from each of the account in retail category.

Go with retail multiple applications. Avoid HNI.

Apply retail in all 4. Retail has 35% in this so better chance of allotment.

thanks Vibhor and Shrikant.

But if we consider in case of Burger king:
NII: 354/14=25. So minimum chances of allotment 1/25.
RII: 68 times. So minimum chances of allotment 1/68.

I have not considered rejected application. In NII, I have assumed all NII application here of 14 lots. That's why, I have mentioned minimum chances of allotment.

Pls correct me If I am wrong anywhere.

By the way lets be clear, I do not have 50 lakh rupees. ;)

Jay Patel Ahm has correctly shown the calculations. I'll build up conclusions on basis of it. At the root level it all depends on actual numbers of oversubscription.
1. If you don't have high volume of cash, go for RII. Assuming you have less than 2 lakh, you have 4 x 1/68 = 1/17 which is better than NII category.
2. If you have cash ~8 lakhs and 4 accounts, NII is much better here: 4 x 1/24 = 1/6
3. If you have ~50 lakh then you can surely get 1 lot. (Very less people has this amount).
4. In NII, your chances of getting a lot improves if you have cash closer to ~50 lakh.
Most important: All these are just chances. 1/6 might seem very good as compared to other ratios but it means only out of 6 people only 1 will get a lot (17% chance).