You are not correct in the interpretation. If an employee is applying for upto Rs one lakh he can apply with 'cut off' under the bid amount.If he is applying for more than Rs 1 lakh he will bid with a price which could be Rs 440.He will still get allotment as he is not coming under retail category but an employee.If the employee quota is oversubscribed 1.5 times they will end up getting the inverse of 1.5 times the shares they bid for.SO you will not get anything from the leftover of employee quota.Bad luck.
hi good morning all .thank u ankur murarka for your comments ,hope you give yr valid advice to all.hope all get firm allotment of 15 for application of 99000
hi good morning all .thank u ankur murarka for your comments ,hope you give yr valid advice to all.hope all get firm allotment of 15 for application of 99000
i have applied for mundra ipo online through icicidirect.com . now my postal address is supposed to change within 15 days as i am transferred from my current location in surat. will online application be refunded through ecs or will it be send through post . then what if the refund cheque gets missed.
it all depends on details given in demat account. DO YOU KNOW that all dp details , your name, qty applied are essentials in the form. All other details (including signature in form) are useless. BECAUSE they use the informations provided in DEMAT account.
On the last day of the issue, I saw on NSE website that employees subscription at cut-off was less than the allocation for employees. If the balance is added to the retail, I think 225 application will be alloted 15 firm. Am I right?
about ECS i have an account with ICICI Hyderabad BUT address is not in hyderabad, always i use to get through Reg post to My village address, what i have to do now, its depands on Branch location or Address of the Applicant ?????????????? Mohan
hi diwali wishes .any one please answer me i have five dp accounts with all different names and different pan number as first holder and all second holder is myself with same pan number will any of my ipo application will be rejected or all are eligible