So far i applied 4 IPOS where Link intime is the registrar through SBI ASBA, and of all these 4 times i didn't got any allotment. I guess i should stop applying the IPO if link intime is the registrar
Company Name: Punjab And Sind Bank Application Details Sole / 1st Applicant: GOPAN DEVI MITTAL Cut off Price: 120 Shares applied: 1650 Allotment Details Shares Allotted: 50 Amount Adjusted: 5700
Company Name: Punjab And Sind Bank Application Details Sole / 1st Applicant: SITARAM MITTAL Cut off Price: 120 Shares applied: 1650 Allotment Details Shares Allotted: 50 Amount Adjusted: 5700
I don't understand why the companies collecting the money from small investers for IPO? they are not issueing even one single lot to small investers ? and giving back this amount after two or three weeks some time one month - calculate the intrest for this excess amount ? SEBI must controll the ratio of allotment! otherwise all small investers cheated by IPO issuing companies.
@kanik goyal Put in your application number in this website and check.Alternatively you should have got an sms from NSDL/CDSL regarding the allotment of shares in your dmat acc.