@Chhote Lal Sir, thanks for your quick response. A bit relieved after reading your reply. I applied for 5 (max that I can apply today) thinking that the max lots applied, the max chances of getting something.
Hi Sir, I am seeing you are applying for multiple account from one account upi id. Is that allow now? I have read somewhere that you need to apply from the same upi where the PAN number matches with the demat account pan number.
@AmanSrivastava Sir, your understanding is perfect One needs to apply from the same upi / bank account where the PAN number matches with that in demat account 👍
Bhai vaha 1 aam ko khane vale 10 log the aur yaha 5 aam ko khane vale 10 hai mean no. Of application reserved for retail are much much higher in this ipo compared to interarch
Kal morning me GMP 450 ho jayega jordar response from QIB premium before listing will touch 550 to 600 and listing will be 1125 enjoy allottees it will break Tata profit on listing
Have a question, Please guide me if I am wrong With the above image Retail times was 6.11, lets take it as 7 times then out of 7 Pan number 1 Pan numbers will be picked up right
@Bham Bham Bhole As per the image, theoretically yes.,1 out of 7 would be allotted. But in reality, the chance of getting even if one applies 7 different applications the chance of getting 0 & 7 are the same as it is lottery.
@Chhote Lal@Bham Bham Bhole It shows application wise 4.29 times so I think 1 PAN /application will be selected out of 4.29 applications. 1 PAN have applied for multiple lots instead of 1 and that's why it is 4.29 times application wise and 7 times lot wise. That's my understanding, please correct me if I am wrong.
@Ghayal Return Retail subscription amount wise is about 7 times, application wise may be about 6 times - so allotment will be for 1 application out of 6. Application wise numbers are not published officially anywhere, some portals give approx numbers that can not be relied upon always.
402.11. Professōr| Link| Bookmark|
August 29, 2024 4:23:13 PM
Top Contributor (600+ Posts, 200+ Likes)
App wise~ 4.8 now. might be around 6x by 5PM Still there will ppl applying lower than cutoff amt and 3rd party/tech rejection etc, might end up at 1 in 5/6 allotment
402.17. Naughty ipo| Link| Bookmark|
August 29, 2024 4:55:06 PM
Top Contributor (400+ Posts, 100+ Likes)
@Admin @ Chittorgarh.com If possible Add this feature ( Application wise) data to chhitorgarh subscription column. It will be very helpful for all Cg members.
@Chhote Lal@ROAR Does that mean, in case of over subscription, there is no benefit of applying more than 1 lot from each application? For ex if 100 lots are offered and total application is 500, so 1 out of 5 application will receive 1 lot each?
@Naughty ipo This issue was taken up earlier too by @Vimal Garodia Bhai, as data is not official and only approximate figures without much logic, CG team has taken decision not to publish the same.
@Piyu@imsaurabhforu and others, someone has already mentioned the app name in this very thread.. I cannot say anything more due to rules of this forum, apologies 🙏🙏
@Vimal Garodia@Chhote Lal I have one use case here. Imagine the BHNI is subscribed 10 times per application, so in this case, we need to divide 10/5=2. Technically, the chances will be 1:2. Am I right? Each application is applied a minimum amount of 10L, but they are getting a worth of 2L. Educate me, if I missing anything.
@Saipreeth Investment Technically, yes - your understanding is correct.👍 If you check bHNI subscription figures of this issue, it is over 58 times amount wise. Application wise it is about 11times.