@rohiitian - going for multiple lots in Vdeal was also a good strategy, I did contemplate on it given the lower subscription. But then for some reason decided against it and tried getting one lot in Jay Bee (albeit through lottery).
@GrayIsTheNewBlack Congratulations for 2 bHNI allotments. Where were you expecting 0 allotment? Because it is Kfintech. It means you don't believe in LUCK. Now in future don't hope to get 0 when Kfintech is RTA. But expect more. From this, Members must understand that when LUCK favors, RTA doesn't matter. In the words of ALBERT EINSTEIN :
**LIFE IS LIKE RIDING A BICYCLE. TO KEEP YOUR BALANCE, YOU MUST KEEP MOVING**
@PKRAJ Sir, I know it is totally dependent on luck also I feel certain registrars are lucky for me and some are not. With Kfintech I missed out on very easy allotments in last couple of years while with Bigshare I received higher than average allotments. I'm in way questioning the allotment process or saying that it is not fair, my only point was certain registars are lucky for you and some are not lucky.
For me this allotment process is not genuine. Why on the earth, everytime when the GMP is >30% none of my 5 to 10 applications finds allotment. Ola was given 100% allotment. Today 10 Retail applications (no third party) and 3 BHNI got 0 allotment. Can't believe this. I think we need to bring better governance in allotment process
I have another profile with name HNI alloted. Bhai yeh saab kar chuke hai. Nov 19 ko Aus ka score 235 tha tab tak ummed se match dekha tha, itne positive h ham. But somewhere we need to question the registrar. How many times we say that it's our luck and move on.
For me, if Retail is 7.4 times and none of my 10 applications are not allotted, it means something is fishy (because this is happening every time).
If 50% of shares are being allotted fraudulently then we are left with probability of 1:15. But again our schools or elsers doesn't taught us to question. So let the luck prevail.
629.3. IPOTraders| Link| Bookmark|
August 31, 2024 2:30:32 AM
IPO Mentor (800+ Posts, 400+ Likes)
You may be right. But when competition is increasing, it will be tougher to get allotment. In my case in 2023 (all IPOs of the year counted), I got allotment in 1 for every 10 applications. While till date in 2024, for every 12 applications, I am getting 1 allotment. 16 cr demat are opened, it will be increasing continuously, that will surely decrease the allotment %.May be 1 out of 15 in 2025. Baaki apne ko to bas apply karna hai.
@Riki Sir aapki baat sach lag rahi hai...jarur kuch na kuch gadbad huva hai is ipo me....
623.2. IPO.RIKI| Link| Bookmark|
August 31, 2024 2:22:04 AM
Top Contributor (400+ Posts, 100+ Likes)
Ofcourse... jab tak imaandar investors transparency ki maang nahi karenge, we will never know the truth... BOA se sach pata nahi chalta... after all its we investors who are putting crores & crores of money... share market is for us... we are not for market...
Well itna digital india ho gaya hai.. everything is digital... bahot chize live hoti hai... lottery system ko bhi live hi hona chahiye... chahe phir koi bhi lottery ho... ipo allotment ki bhi
And if registrars are clean, they dont have to fear for doing it live on their website.. isme koi khaas expense nahi hota live video me... they just good internet speed.
Once again in my mother's account got allotment this year from last 10 ipos mummy ke account me 7th allotment he and more shockingly Got 3 out of 5 asba