How to verify IPO bids ??? Please share link..as on NSE the symbol of radio city or music broad cast is not available..and on BSE their is no link under investor section.
@papi or uske jese ek do log or he jo bors pe post nahi kare to achchha he.... agar tumhe radio city nahi beth raha ho to mat apply karo.. par bord pe faltu or juthe msg post karna bandh karo bhaiiii... request he bhaiiii
I just received a BID confirmation email, however, it was sent by BSEINDIA. I usually receive confirmations from NSE and it is only this time that it has been sent via BSE. Anyone else got the same? Why is it so? If I''m going to receive an allotment, will those shares be tradable on BSE only?
Most people are going to get Peanuts for MBL or D-Mart! I think with the increasing awareness about IPO''s, getting an allotment is like finding a needle in the haystack. I believe SEBI should come up with an innovative way of allotments. Most people who applied for higher lots are not going to get even a single lot just due to high % of over subscription.
So what is your considered suggestion to overcome this? As it is, minimum lot has been pegged at around Rs.15000. To some extent this helps in higher sucess to an applicant.Even if the minimum application is made as one share per PAN, in an oversubscribed issue like this, one it may be difficult to get a guaranteed allotment. So alternative is ( if you are an investor and not there for listing gain) buy from secondary market. Think about it.
@Chitra - I am No RBI/SEBI Governor to suggest what should be done, but yes something has to be done about this increasing number of IPO''s not getting any allotment for most investors. We need Transparency, that''s all I ask. Who knows how things are being played to the general public, meanwhile nothing matters/bothers the big fishes!
396.3. Khemka| Link| Bookmark|
March 9, 2017 8:23:40 AM
(1000+ Posts, 400+ Likes)
Sebi should mulling adding adhar number too in asba form
396.4. Septa| Link| Bookmark|
March 9, 2017 8:48:48 AM
(4000+ Posts, 4600+ Likes)
adding aadhaar number to application form will beneficial already SEBI is using it for KYC.... what will be really benefiting is data mining the PAN details with IT Department . registers can share this data with IT department and find if the PAN number have filed returns and get some info this remove benami application.
Also SEBI should stop 5 application from one account this will also to some extent remove benami application. Also map PAN and bank account so a person in advance should Map is bank account to PAN now all KYC accounts are PAN mapped however majority of bank accounts still do to have a PAN
Sebi''s aim to change allotment in the retail category rule 3 or 4 years back was to benefit larger no of applicants. Previously those who applied for full(2 lakhs) were sure to get proportionate allotment till retail was oversubscribed 32 times(lot size was around 6500) It has now become just like trying your luck. Nothing can be done about that, we have to get used to it, even i had objected at that time. Applying with different pan no''s through different demat a/c''s of family members /associates is perfectly legal....as 85% of applicants in retail category are of one lot... don''t think authorities can do anything or be bothered about that.
I have applied for music Broad7/3). Order status is Executed and amount is blocked. But on BSE website i cannot see status of my application(http://www.bseindia.com/investors/appli_check.aspx) . I applied for D-Mart too and i can check the status on above link. For D-Mart IPO i received the confirmation mail and message from BSE but for Music Broadcast i didn''t received any confirmation mail or message. Am i checking the status on the correct link? Does any one facing this problem?
Thanks for the reply bro. I have checked the status with correct application number. For avenue ipo data has been updated on BSE with in an hour. Also, i have applied for Music IPO around 11PM(after working hours). So all these things created doubt in my mind. Can you check your application on BSE website?
The chances of allotment under retail category are more in Avenue Supermart (1:4) when compared to Music Broad1:8). Best of luck to the applicants of both IPOs.