Credit of Shares : 4-Aug-2023 IPO Listing Date : 7-Aug-2023
304.3. MVP| Link| Bookmark|
July 19, 2023 5:12:52 PM
IPO Guru (1500+ Posts, 1100+ Likes)
Ideaforge/Cyient/Essen ke aas paas shuru huya IPO ke tezi ka daur ke baad, ab 26 tak karne ko kuchh nahi. (Drone/Kaka/Utkarsh kuchh mila nahi). Khali khali sa lag raha hai. 😀
This is to inform that the Company -REDT APE Limited through the designated stock exchange BSE Limited has received the relaxation from SEBI vide SEBI letter dated July 18, 2023, from applicability of Rule 19(2){b) of the Securities Contracts (Regulation) Rules, 1957 read with the SEBI Master Circular No. CFD/ HO/CFD/DIL 1/CIR/P/2021/665 dated November 23, 2021 and SEBI Circular no. CFD/DIL3/CIR/2017/21 dated March 10, 2017, as amended from time to time.
REDTAPE Limited will now file necessary application for the final listing and trading approval of BSE and NSE, in due course
@Admin @ Chittorgarh.com pls confirm, allotment ke chance SHNI me jyada hone ke liye kitne lot apply karna hoga. Example :- NetWeb SHNI me 14 lot hi apply kare, ya 15-16 kitne ?
People asking the same question, Is third party application valid or not ??
Not allowed as per rules, but sometimes accepted, many times accepted also got allotment, so take risk if you applying, but keep in mind that nothing will happen if rejected.
I Have applied 40 share in Patanjali OFS via ICICI direct on cutoff price. but application status shows that EXPIRED. anyone suggest me allotmet price of Patanjali in Retail portion. and reason of not allotment.
Patanjali ofs clearing price for retail is 1166₹ and you apply atcut off price means @1103 So not allotment... OFS allotment based on price priority basis so higher bidder get allotment. In short below 1166 .. No allotment in retail.
retail quota is 35% hence it was expected that retail subscription would be below 20x
288. R R Patel| Link| Bookmark|
July 19, 2023 4:00:35 PM
IPO Mentor (800+ Posts, 3400+ Likes)
A must apply IPO. First time applied one application in sHNI and others as usual in retail. Didn’t got allotment in Utkarsh so hoping to get allotment in Netweb☺️
If it corses 250× in qib then lisitng will be double of issue price
286. Sharvam| Link| Bookmark|
July 19, 2023 3:52:18 PM
IPO Guru (1300+ Posts, 800+ Likes)
There should not be any reservations for QIB in mainline Ipo. In most of the good ipo's QIB are 75% (Ideaforge, Cyient, Utkarsh) and they throw 10% to RII as if retails are beggars. All categories should be abolished just like in 1990s. Let QIB fight for the allotment just as we are doing right now. 7 lot allotment... Minimum app 7 lots (as most retail are now Shni)... No quota for QIB, BHNI, SHNI Whole issue size is open for everybody. No pre ipo placement. No Market makers. CG member views invited.