Dear experts, in Burger King IPO, I applied through UPI by kite ipo platfrom, after paying to the mandate, a hold initiated of Rs. 15000/-. IPO allotted to me, the problem is, amount is showing unhold and not deducted from my account. Please, enlighten me this absurd case. Thanks
187. Eagleye| Link| Bookmark|
December 16, 2020 12:46:17 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Mrs. Bectors Food Specialities IPO – *Market’s Current Estimates of oversubscription*:
NII = 47.00K Crs. = ~580.20X RII = 25.00L Forms = 19.05X Applic. wise (Avg allotment of ~2.73 shares per lot)
Interest cost *@6.00%p.a.* for 7days = 33.14paise for 1X
Thus, for NII the costing = 580.20 X 33.14paise = Rs.192.28 per share (= GMP)
And, for RII the costing = 2.73 X 192.28 = Rs.525/- (= Kostak)
Yes, you can.. While applying on Net banking (ASBA), it will ask for your PAN and Demat account details, where can submit multiple application with different PAN.
Yes. You have to register the PAN from which you want to apply. I applied from 3 PANs from my sbi net banking. Every bank has its no. Of PAN limits. Like SBI has 5. So check that and register. You should be able to find in ASBA only in net banking....as add new applicant or something
Not sure where are you checking this but at this time @ 11:03 AM it is 10.87x
176. P Patel| Link| Bookmark|
December 16, 2020 10:59:59 AM
IPO Mentor (900+ Posts, 900+ Likes)
Dear Chittorgarh Admin,
Subscription figures are vary both in Main IPO page and Subscription page and creates confusion, which figures are correct.
I believe, there is no need to have separate page for Subscription, instead small tabular format of subscription figures which earlier you were showing is much convenient way to have information in main page.
174. Johny| Link| Bookmark|
December 16, 2020 10:06:19 AM
IPO Mentor (800+ Posts, 1000+ Likes)
For all the Retail investors who have confusion to whether to apply in retail or apply in NII (14lots).
Here are BoAs for past oversubscribed IPOs whose BoA is clearly available on this portal 1) Chemcon Retail 2 out of 53 NII 14 lots 22 out of 707
2) SbiCards Retail 66 out of 79 NII 14 lots 12 out of 37
3) Ujsfb Retail 35 out of 1102 NII 14 lots 35 out of 1169
From above it would be very clear that Retail always has better chance of allotment. In Bectors Retail has 35% reservation so chance of allotment in Retail is much more. Apply in Retail even if you have funds.
From one PAN, apply only one application . You can apply on last day 17 December with whatever quantity you want. Aply by 1 PM on last day.
173.3. Johny| Link| Bookmark|
December 16, 2020 9:40:41 AM
IPO Mentor (800+ Posts, 1000+ Likes)
Apply multiple applications under Retail. Retail is 35% in this so better chance of allotment and increase your chances by applying for multiple PANs under retail.