Got 0 out of 14 + 14+1+1+1+1 = 32 lot. Linktime role is very much under doubt. Never got any allotment whenever Linktime is the agent. SEBI must replace this agency.
These banks with 3-in-1 account have automation and as soon u make IPO application same is accepted and within few hours executed . So you know your application is sent to exchange .
When u make application through broker chances are same may be not loaded in time and not included in allotment process
There is frenzy in IPO Market because of highly successful recent issues, Equitos, Ujjivan, MGL and now Quess. Short term listing gains has prompted opening of more and more new Accounts and Retail Applications are growing Issue after Issue. Govt must utilize this opportunity to broad base Investor population by increasing Retail Quota substantially in Quality Issues.
538.1. Septa| Link| Bookmark|
July 8, 2016 11:57:45 AM
(4000+ Posts, 4600+ Likes)
very good suggestion give 100% to RII if RII does not subscribed then QIB and HNI can participate
sbi demat a/c was under transfer to ssl demat.Hence it seems persons having SBI demat a/c have not been allotted any lot.
536.2. PavanM| Link| Bookmark|
July 9, 2016 9:40:23 AM
IPO Mentor (500+ Posts, 400+ Likes)
I too didnt get any allotment for applications applied thru SBI for Quess & Mahanagar Gas IPO. Something fishy..Quess, we can understand as it is heavily oversubscribed by 30 times. But Mahanagar Gas, I didnt get allotment in any of 3 applications thru SBI ASBA. Did anyone who applied thru SBI ASBA got allotment in any recent IPO''s?
As usual no shares got allotted in multiple accounts. Seriously I am starting to think that I should skip IPO''s which have Linkintime as registrar. If Karvy is the registrar, I get allotment atleast in some accounts. How come each and every time I don''t get shares if it is Linktime... And needless to say the next 2 upcoming IPO''s also have Linkintime as registrar... I firmly believe Linkintime is doing something illegal so that retailers don''t get much shares...
@gundu anna. I didn''t say multiple applications it''s multiple accounts. All my family members have demat accounts & FYI I am not new to share market...
@gundu anna. I didn''''t say multiple applications it''''s multiple accounts. All my family members have demat accounts & FYI I am not new to share market.
Retailer have nothing to do with QUESS..... I don''''t understand why people here so excited about this .....why are u so excited about blocking 60000/75000 for nothing ???