I applied through Zerodha by Upi mode Application Number was successfully created but mandate request not received till now.When i check again on Zerodha IPO page it is showing no application for Nureca Ipo.Why did my application fail??
153.1. Brownsugar| Link| Bookmark|
February 17, 2021 7:48:21 PM
IPO Guru (3100+ Posts, 2800+ Likes)
If you have applied today then you''ll receive mandate notification within 24 hrs....next time use ASBA facility as it is more reliable and user friendly.
Its highly strange 166 times the IPO is subscribed under Retail, is it that successful an IPO or are there bots and fake applications logged.
There is no way a chinese supplier can have such a huge demand in Indian market until and unless he has a softbank or similar backing, this company has none!
Better new investors understand the IPO process. Even though its 166 times, money blocked is Rs 1666 crore whereas at the same time money blocked in RailTel is Rs 3000 crore on day 2. So its not an apple for apple comparision by just looking at X times subscription for a small IPO.
@AHMEDABAD SMART IPO, I tried in the morning around 11 AM.
150.1. Brownsugar| Link| Bookmark|
February 17, 2021 5:53:46 PM
IPO Guru (3100+ Posts, 2800+ Likes)
Use asba option...once set up its easy to apply...even for 3rd party applications... although icici and hdfc don''t allow 3rd party...psu banks do allow
You are a good writer about IPOs and other financial services. but I realize that some points not covered well . i have also written a post on this IPO where i concluded your post and also various officials post.
141. Paymzia| Link| Bookmark|
February 17, 2021 2:17:50 PM
IPO Guru (2400+ Posts, 4500+ Likes)
Who applied NII will get more chances of allotment compare with Retail