846. Nandini looks partially OK looking to over subscription info, out of 10 application of 99,000/- there should be 8 successful applicant who will be given 15 shares.
In remaining smaller bids, it must go on proportionate baiss as per shares applied by over subscription.
statement that applications below 66000 have been rejected is totally absurd/nonsense because even one who has applied only for one lot i.e. 8 shares also stands a chance to get allotment however minimal that may be.
I am totally disagree with statement #846. There should be guaranteed allotment for 1 lakh application. Also the applications less than 65000 are rejected is also not correct.
RESPECTED MANDINI MADAM, CAN YOU PLEASE CHECK MY STATUS MY APPLICATION NO IS 44277804.STILL I DON'T THINK ANYBODY GET MORE THAN 15 OR 16 SHARES OF RS.99000/- APPLICATION. THAT IS WHY I AM GIVING YOU TO CHECK THE ALLOMENT STATUS OF THE ABOVE APLLICATION NUMBER.
So what's the use of applying for IPO's for small investors.. So these companies allot shares for retailers who apply for maximum amount.. then there is no point in applying for IPO's for small amounts..
Can we file a case on Intime Spectrum Registry Ltd for SEBI.. if it does this type of allotment??
So what's the use of applying for IPO's for small investors.. So these companies allot shares for retailers who apply for maximum amount.. then there is no point in applying for IPO's for small amounts..
Can we file a case on Intime Spectrum Registry Ltd for SEBI.. if it does this type of allotment??
Yes 35 Shares - I applied through Sharekhan - My Friend working in Intime SPectrum HO .
8 out of 10 APplicaton which applied for 99000 at cutoof is alloted. Any application les than 65000 is rejected. Allotment status will be avalale in their wesite by 3pm tommorow