I applied for jsw infra in shni category, I got allotment and amount debited from my account. But now when I checked my account it show same amount blocked also. ( Means double block of amount)
Definitely Agreed 👍 Only 1 change Can keep a split of 60-25-5-10
Means 60 % pure play equity 25 % - MF ( Know your appetite like Index or Specialized MF products)
5% Reserved for IPO's And always keep a 8-10 % free cash in your Demat So in bear market you can average out your holdings or buy some quality stock in a deep dip Like Navin fluorine went 14 % down
I applied for jsw infra in shni category, I got allotment and amount debited from my account. But now when I checked my account it show same amount blocked also. ( Means double block of amount)
How can I get my money unblock. Please suggest.
126.1. Basuvr| Link| Bookmark|
October 5, 2023 8:22:17 AM
IPO Guru (2000+ Posts, 1100+ Likes)
Was it ASBA or UPI, If UPI do check the account withdrawal balance.
And Send mail to bank with details for unblocking of funds
Why this company is taking 7 days for subscription looking very small size issue. Seeing the holiday , this issue might be close on 3rd or today and list on 6th Oct.. I think 2 days or 3 days for subscription is more enough. . 2 days for subscription and 2 days for allotment/listing.
Sir Can we apply 2lk in sh quota and BHNI APPLICATION IN GENERAL PARALLELY
121.5. eVA| Link| Bookmark|
October 3, 2023 8:53:17 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Buy before filing the RHP “Eligible TML Shareholders”
Individuals and HUFs who are the public equity shareholders of our Promoter (excluding such persons who are not eligible to invest in the Offer under applicable laws, rules, regulations and guidelines) as on the date of the filing of the Red Herring Prospectus with RoC
@newgen consultancy If I apply for the SH category, can I also eligible for other categories to apply?
121.21. Nifty Singh| Link| Bookmark|
October 4, 2023 7:46:22 PM
Top Contributor (200+ Posts, 100+ Likes)
109@newgen consultancy Dear Sir, since you mentioned that addendum is to RHP(not DRHP) .in another word now there is no benefit to buy TAMO to be eligible for SH quota. I am anticipating a word of confirmation from you.
@NEWZEN consultancy. I got Tata motors and DVR shares also. Am I eligible to apply for both shares 2 lacs each and one retail? Please waiting for reply. Thanks for your valuable suggestions to forum members.🙏
121.24. papon| Link| Bookmark|
October 5, 2023 7:18:14 AM
IPO Mentor (500+ Posts, 500+ Likes)
Boyani, no you cannot apply two shareholder application of same PAN, both will get rejected.
@newgen consultancy@Jetha Lal ji, I bought tata motors today morning, without knowing drhp already filed. Will I be eligible for SH quota? Also, can BHNI and SH applications be done by same person ? Can we apply IPO from different demat (same PAN) from where TATMOT shares are held ?
@common man Cut-off is when RHP is filed, nothing to do with DRHP filing. Unless RHP is filed today, which is highly unlikely, you can very well bid in shareholder category. Yes, BHNI and SH can be done on same PAN. I am not sure about last part of your query, whether it is considered at PAN level or demat level.
Is allotment at proportionate basis or lottery basis in share holder quota?
119. UjwalG| Link| Bookmark|
October 4, 2023 12:11:52 AM
IPO Guru (1300+ Posts, 600+ Likes)
Since tataM will have shareholders quota but amount shld be less than 2lk. Isnt shareholder quota proportionate basis? Max you apply max you get. Then whats the point of capping amount 🤔 If everyone in sh quota applies 2lk, then it would be lottery only right?
@UjwalG All those who apply for Rs. 2 lakhs worth of shares (upper limit) will get sure-shot allotment in Tata Technologies SH quota. However, the allotment will not be of Rs. 2 lakhs worth of shares. Instead, the allotment per person will depend on the oversubscription in this category. More the oversubscription in SH category , less the allotment per person ,but allotment is confirmed if applied at the upper limit of 2 lakhs
@UjwalG ji. I think the SH quota will be largely over subscibe and minimum lot will be allotted on lottery basis . Still what is reserved quota not updated . Sir experts DVR shares got SH quota or not. Please clarify. Thanks