Applied SHNI on 2nd day of subscription through SBI ASBA. Later changed my mind and applied retail through SBI UPI on last day closing hours. different brokers but same PAN and same bank account.
Now both my applications will get cancelled. Isn't it correct?
IPO subscribed 26x. So both application will be rejected. If it was under subscribed, then there might be possibility of both applications allotted. So don't worry.
Will come with more details after receiving mail from Kfin sir.
154.10. Smile✍️| Link| Bookmark|
March 8, 2024 1:32:58 PM
IPO Guru (1800+ Posts, 1100+ Likes)
👍 I was confident here, applied FF in retail due to bad work of cameo in mukka. Didn't alloted single lot. Taken risk in jg chemicals also retail FF. Let's see what happens there
@Smile✍️ I haven't applied in mukka and JG chemicals sir.
Hope RK Swamy and JG chemicals both lists above issue price only with minimal gains maybe. No negative listing expecting sir. Hope you get allotment and good profits there 🙏
Defenetly discount 10 to 15 % Swamji to jola leke nikal pade 😄😄
153.1. Mr. Singh| Link| Bookmark|
March 7, 2024 9:29:10 PM
IPO Guru (1000+ Posts, 600+ Likes)
May go down further from listing price. Nowadays anyone can do this work. No entry barrier.
153.2. MuStrFc| Link| Bookmark|
March 7, 2024 9:56:10 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@Mr. Singh Anyone can do this work but not everyone does it and to attain the expertise it takes time. As for the GMP and others, the overall IPO market is hit so this IPO is no exception
@MAMU , no need to pray for allotment now. 2 Rs premium me mil rha hai maal (itne to charges bhi lagte hai, plus tax extra in case of profits). Jinko chahiye wo log apne capacity ke hisaab se le sakte hai
Let us have survey at what rate will it list A) At discount B) At par 5% +, - C) At around 20% premium D) It will surprise everyone by listing at more than 33% premium
I think registering will take time because the money will be released on Monday. So might register also holiday season of three days...he might not hurry to release allotment ...
We are in precarious condition, neither we can wish for getting allotment not we can say we should not get because of prevailing GMP. And considering Mekka proteins we are not sure how operator will play on listing.