I have applied thru Federal bank ASBA. Status showing APPLICAITON UNDER PROCESS. Money is blocked and i received the application number too. It means the application success.? Can anyone clarify?
Retail always has better chance then HNI. Never apply HNI. Apply retail through multiple pan if possible. In this IPO retail has 35% reservation so chance of allotment in retail is much better.
122.2. P Patel| Link| Bookmark|
December 15, 2020 12:56:45 PM
IPO Mentor (900+ Posts, 900+ Likes)
SJK - Applying through ASBA is good than UPI.
If you have apply 5 log in single application, it doesn't make your chance of allotment high or you not be allotted more than single lot. Instead you can change it to single lot.
Hello Sir, Sir mujhe BK allot hua h but abhi tk mera fund debit nhi hue nd shares bhi credit nhi hue Nd mein vo fund transfer krraha hu to vo transfer bhi horaha h. Sir aap bata skte h aisa q horaha h?? nd mujhe BK milto jayegan na sir??
This will reduce the chance. Recently SEBI started giving priority for single lot bidders, so that many people can get allotted. If you want to bid for multiple lots, apply single lot from different accounts like yours, your spouse, dad, mom, etc.
118.2. Paymzia| Link| Bookmark|
December 15, 2020 11:06:59 AM
IPO Guru (2700+ Posts, 4700+ Likes)
You can apply only one application per PAN/Demat. You must apply only at CUTOFF You should apply only one lot per DEmat. Any other option will be a waste of money
118.6. arunARUN| Link| Bookmark|
December 15, 2020 11:58:12 AM
IPO Guru (2000+ Posts, 1700+ Likes)
No it does not improve your chances.
Stick to applying one lot only
117. arunARUN| Link| Bookmark|
December 15, 2020 11:57:39 AM
IPO Guru (2000+ Posts, 1700+ Likes)
Mrs Bectors issue subscribed. Good retail response despite larger quantum. Already 1.08 times in 3 hours
Apart from the company’s brands, there is something different. Do note that leading branded biscuit industry players like Britannia and Parle use a combination of in-house manufacturing and outsourced models to fulfil their demand. Mrs Bectors operates with... 2 min read : https://www.wealthzi.com/blog/mrs-bectors-food-ipo-hits-the-market-to-raise-rs-540-cr/
See the 1st two lines above the table of subscription. Still they write Burger King IPO.
"The Burger King IPO is subscribed 12x times on Dec 15, 2020 11:28. The public issue 1.84x in the retail category, 0.00x in the QIB category, and 0.09x in the NII category. Check Day by Day Subscription Details (Live Status)"
My question is Can I reuse UPI id for blocking amount, in my family we have 3 different Demat account with different broker. i want to apply using same UPI id is it going to impact on allocation? Thanks in Advance.