Platinum Industries Limited IPO Message Board (Page 5)

Cheating is being done by retail investors by opening multiple demat accounts, it is not the cheating of register we should complaint on retail accounts

Cool down bro. It’s not about various parts of India. It’s out of frustration as it’s not allotted. Be patient is one of the learning everywhere. When it’s oversubscribed, it’s common that only few people get allotment.

If you feel that, RTA is doing some thing, just go to their company, talk to them and get it allotted for you.

Again am suggesting we need to be lucky , that’s it. If you have that skill, invest in main market and earn, IPO is completely luck when it comes to oversubscription.

PS: I am also from southern part of India, but we are INDIA

I also didn’t get the allotment by the way.

We just need to have luck here, that’s it

Why can't the RTAs release the name of the allottees? Definitely the near and dear of RTAs will get the allotment. Instead of IPO, directly onboard the shares in market!.

IPO is nothing but SCAM SCAM SCAM;

I also did not receive any allotment from bigshare for last 2 years and do not have any complaint on other registers. Members can say that luck but I am getting few allotment from other registrars . SEBI should ensure fair allotment and verification mechanism for all registrars. Otherwise, CG members can start boycott of bigshare IPOs.

​@OSR JMD Already there is so much to divide our beautiful diverse cultures country and you are adding another dimension.
I. Got allotted one here and if you see my earlier IPOs you will find that how many Zeros I got ...it's like that and I accept it as it is .
You need to keep on applying as it's luck game else fix your money into FD and have better good nite sleep 💤💤💤.
Good luck for next IPO.
PS- all my friends.from South are known to have excellent patience than we in North have 😄

​@OSR JMD 
0/7 is my allotment, I am from Bharat.
RTAs may be doing fraud, you and I may be right, But don't relate this to a particular part of Bharat

Frustration is natural.
But when you see, if the issue is subscribed more than 50 times in retail, we can find only 1 happy face against 49 sad ones.
Be hopeful for upcoming opportunities.

​@IPOTraders @Rakcyt  @IPOManju 

Firstly, please don't misconstrue my remarks as if I've said anything anti-national. I'm the proudest nationalist that can be. I arrived at the conclusion of their being some regional bias after being patient enough for over 2 years. I could be wrong about this but one thing I'm certain about is this BigFraud RTAs and few more like this one are definitely onto some scam. I can't be this unlucky otherwise.

Secondly, do you all completely trust IPO allotment process. Don't you think a lot more can be done by SEBI to make it more fair and trustworthy for honest IPO applicants? Or would you just attribute it entirely to luck?

​@OSR JMD  We are not personally against any one but it sounded biased & divisive and hence objections .
Even if RTA is doing hanky panky then we should ask for BOA with exact PAN no as giving names openly breaks privacy n confidentiality rules we should know .SEBI can pretty well check if same PAN no gets repeated allotment and whether RTA follows strictly laid down rule or not. I will be more than happy if you get repeated allottement in fair play.

appllied 3 HNI ,allotted nil.I am from Central India.

Also pls check latest data where in it shows that UP has highest addition of UCC on NSE and South somehow lag behind poorly . Put together North and traditionally West have predominantly much higher demat holders than than South so the lottery ratio will favour them logically , luck comes later on .
Hope it make the matter much clearer.

Frustration of those who have not been allotted is quite understandable. I too have felt that pain many many times. The IPO Allotment process must be more transparent. Also in fundamentally strong IPOs, Retail Quota may be raised to 50%. To clear the doubt of bias, state wise ratio of applicants vs allottees may be published along with BOA.

​@OSR JMD If you don't have patience, then Primary IPO market is not for you, better you deal in secondary market. Please for God sake don't bring North South divide just because you didn't get allotment.

I am regular IPO applicant since past so many years and got few allotments only, but never blamed RTA as I know over subscribe IPO are luck game.

​@Bala murali , you may need to review your perception of "cheat".

Opening "multiple" demat accounts would be cheating only if the linked PAN cards belong to same person.
Opening accounts with PANs of family members or friends or other forms of consensual 'groups' can't be seen as "cheating". By that logic mutual funds would be "cheats" too.

That is being resourceful, using the power of group, and usually benefits the entire group, not just an individual. Sometimes not even 'The' individual. As such it is a positive thing perfectly in line with Bharatiya culture and ethics that is usually appreciable. Ofcourse exceptions are everywhere but exceptions shouldn't be generalized to make a good thin look evil.

I have opened 4 demat accounts including mine within our family. Intend to open two more while usually 2-3 retails is all I can afford. If one of those accounts get an allotment, I intend (haven,t sold any yet) to just get my principal back and the profit is theirs to keep. Sometimes all is theirs to keep. That is my way to contribute to my family and I am the youngest in my family. (So 'My family' is to be interpreted in Bharatiya perspective, not Western where 'my family' only means 'me' 'my "current" spouse' and 'my kids').

Hope this comment will be read and interpreted with a positive mind.

PS.
I've got 0/4 retails, and have no complaints, as usual.

hope for the same in Exicom..
there are 9 bHNI....

HDFC Bank + ProStocks
Good Combination
Formula worked for you
Many many Congratulations

​@svh  yeah hdfc+prostocks - i'll also try this next time 😉

​@MaheshJain Is combination mein mila kya

​@IPOTraders Which application??
Mera combination -
1. Mera hdfc+zerodha (never applied from prostocks) (isme kuch khas nahi)
2. Wife sbi+zerodha (isme rarely milte h)
3. Daughter hdfc+prostocks (new - ab tak 7 appy kiya h no allotment, 1 ka aana baki h)

PS applied only those who had good gmp all retail

​@svh complete combination was
HDFC + PROSTOCKS + MINOR

​@Redhu Jind Can you please help me with minor (My daughter 1.5 year old)account. Last tuesday I visited HDFC Bank but they told they will not provide net banking facility and were not aware that we can apply ipo from minor account and also they don't know about ASBA.
Please help me with the process.
Few details,
I have account in HDFC and SBI
My daughter have both Aadhar and PAN card

Thanks

​@Wanderlust 
just go to HDFC bank and ask them to link your daughter PAN card with her account.
no need to ask them about ASBA becoz most of the bank employees are not aware about it. they will simply deny it. I also faced same problem.

once they link the PAN with account. just open the netbanking of the Guardian where your daughter account is linked, then go to the IPO, and from drop down select your daughter account and apply.

you need to contact just with product manager or branch manager. other employees will not be aware about it.
just go to manager and show this screen shot to them. they will help.

read 4th point..

​@Redhu Jind Thanks for the detailed information, now I got the idea how it works.
And one more thing, there are different kind of accounts for minors.. can you please suggest which one to open.

​@Wanderlust  i dont think account type will matter here. just normal kids saving account is ok.

Thanks @Redhu Jind , will open the account this week.

​@Redhu Jind bhai, I have account in SBI and want to open minor account for my sibling (none of my family has acc in HDFC)
Should I open an account for myself before opening for my minor sibling??