I have the option to apply from 6 accounts ( 6 different Pan ).. Is it wise to apply in 1 lot retail category in 5 accounts and 14 lots ( HNI category ) in 1 account.. Also what is the best lot size to apply in HNI category ?
140.2. P Patel| Link| Bookmark|
December 15, 2020 2:29:21 PM
IPO Mentor (900+ Posts, 900+ Likes)
@Devil - Applying by online net banking - ASBA is not wrong or outdated... it is very much valid and very much simple as against UPI. ASBA will never going to be removed.
Allotment is random lottery base and may be your luck is not favorable in Burger King... better hope for Mrs.Bector
140.3. Paymzia| Link| Bookmark|
December 15, 2020 2:30:18 PM
IPO Guru (2400+ Posts, 4500+ Likes)
Think , need 54000 applications for burger king, nearly 24 lac came.
If over subscription is it depends upon our luck That's it
As QIBs and NIIs invest huge capital, they will lose interest for that amount if they apply on the first day of the IPO subscription window, hence they usually apply on the last day of the IPO as that will help them save interest for the first two days.