Pritika Engineering Components Limited IPO Message Board (Page 7)

This is fixed price IPO.. you can place bid at 29 only.. If you bid for 2 lots than it will be considered in HNI category

what i was thinking is, when IPO is oversubscribed like AMBO, to apply for 3 or 4 lots and make 3 bids to increase my chances...i have done it in mainline, i just want to know whether the same strategy can be applied in SME IPO also

Yes u can sell in preopen session like mainline ipos.

Yes... but check with your broker as not all broker has same provisions.

yes

Its like throwing dart in pitch black, Be specific with your question, tell us which broker company Demat you have so that others can reply accordingly.

What is about broker zerodha??
Can we sale at zerodha

A simple calculation, not sure they have done like this or not . If more people gets compensation then can be validated.

(74-55) *2000* 10 /19.x
Open price - issue price * lot size * applied lot / total sub after rejection.

Dear Sood,
Congratulations for the compensation from the RBL Bank.
In the past the same story happened with me at the time of Power Grid ofs in the year 2013. I have applied for 400 equity shares and in that category the allotment was firm. But due to their error I haven't been given the shares and after that I fought a long battle with SBI securities and they have issued the 400 shares at the ofs price.
Moral of the story :
The person who have born in India have to fight for their rights and those who can't fight have to suffer a lot.

Dear Revu , You are bang on in your calculation.

Dear ABC XYZ , I never expected such speedy resolution to my complaint , I was prepaired to take it forward to SEBI plateform as one of the borders mentioned in his previous post., but the bank complied.
I have 2 more Bikaji B-HNI , applications to be compensated . And there are many applications missed by bank. Very professional , as they are compensating all.

Resp. Sood sir, although they are compensating for the missed out applications, but isn't it huge drawback on the part of RBL bank? Huge negligency and that too again and again.

Dear Sood
If you have demanded the equity shares to be provided at the ipo price as a compensation it would be better instead of Rupee as a compensation. Btw it's a great achievement.

RBL bank is not at all reliable bank in case of IPO .The policy for IPO is not clear and customer support is very poor. Facility for third party IPO is there but if you apply for third party ,applications are canceled at the end of bank only instead of submitting application to register .On the day of allotment ,bank send no allotment due to third application .If you raised quary ,no one will reply with clear answer . For bank employees are not bother for customers .I stopped applying through RBL bank .

@sanjeev: i also got call last week from bank that my compensation will be credited this week....and compensation amount always calculated by allotment chances in that category as per subscriptions and as per listing price profit so you got this amount....and today i got my compensation credited in rbl bank account for my retail full application as per NSE listing price of 401....below mail came...it was proper and faster resolution from them....normally any institution delays in such things...i have updated in global ipo page thread also....
      
Dear Customer,

Greetings from RBL Bank! This is to inform you that your account XXXXXXXXXXXX is credited with INR 37180.00 on 28-11-2022 16:24:19 ref MEDANTA IPO - COMPENSATION.

Guys what was the count on which RBL had erred ?

As per conclusion from above comments, RBL bank regularly misses applications. Applications have been missed by RBL bank in Bikaji, medanta, technopack and maybe more. Compensation looks handsome only in case of BHNI applications, otherwise negligible amount will be there in retail and SHNI due to only 1 or 2 multiple factor. Correct me if I am wrong.

लगता है RBL शॉर्ट करना पड़ेगा , लॉस स्टेटमेंट में बहुत सारा वन टाइम एक्सेप्शनल आइटम होगा XD

@ Lokesh , I also got my compensation credited into my A/C yesterday , with a similar mail. Bikaji 2 App. in other family name is still pending.

@ Karam , this is the first time in 2 years that I faced this problem with RBL. All the IPOs mentioned here closed almosxt at the same time . A technical glitch would have affected all. The only good thing is that bank agreed to compensate without any dilly dallying.

Purely Avold RBL bank Highly controversial bank.No guarantee of your submitted application .By mistake do not apply for third party as same is being cancelled at bank's end .I lost lot in RBL by doing ipo applications.The system is not at all matured and poor customer support also.

Which bank would you call professional? The one which forwards your application timely to the exchange or the one who doesn't do it, but later on pays compensation and puts bank into loss.

Baheti is far better than pritika