All, I have applied 270 shares (10 lots) via ICICDirect, got 0 shares. My wife applied for 216 shares via HDFCSec and she got 27. any idea why i don't get shares?
There is no problem with ICICI, I got 1/1, applied thru ICICI.
603.4. abdixit| Link| Bookmark|
April 15, 2019 3:16:23 PM
Top Contributor (200+ Posts, 300+ Likes)
There is no meaning of applying more than 1 lot for 1 application in case of over subscription. Either you get 1 lot or 0 lot. Based on lottery result, you will be allotted lot.
So basically you applied for 2 lot. One from your account and another from your wife's account. And received one lot, which is very good. I applied in 11 different applications and got only 1 lot.
Was there any rejection of ASBA application by karvy due to new rules by SEBI. Any idea from our beloved forum members.? If anybody knows please share it
@Athar No. I got 1 allotment in one such demat account where I applied from a different bank account. So yeah this particular rule isn't yet effective. Everyone was just spreading rumours.
How possible ? Cdsl msg credit 27 polycab And bank account still show...lien amount. @harit @rajkumar @chemcho and other guru's And what view for short term polycab