R K SWAMY Limited IPO Message Board (Page 8)

Allotment out on kfin website.
0/5 shni
ATB all for allotment and listing.

Now allotment available on kfintech website

what about Axis Bank ? any one received block /unblock message

Applied one lot retail, if allotted planning to hold 1month, experts please comment

Sell on listing day are hold for 6 month. However if you get return early then take call accordingly.

Indian Bank has released funds.

हर हर महादेव।🙏🙏

om namah shivay

May lord Shiva bestow his wisdom on all of us. 🙏🏼

AU Bank started debiting and unblocking of R K Swamy IPO Amount.

Alert: No shares are allotted to you against ASBA Appl. No IB76521XXXXXXX towards RKSWAMY . Hold fund is removed from your A/c on 08/03/2024 . For details, visit our branch. - AU Bank

Not allotted in 2 BHNI application, waiting messages in 2 more account.

​@Redhu JindSir, in AU Bank the cut off time is 3:30 PM (but I never checked it). If I apply last day I always apply before 2:30 PM.

Allotted in 1 BHNI application out of 4.

congrats on allotment.
hope for a +ive listing

AU ASBA debited....

Registrar are sending timely debit/unblock communications to banks. As per SEBI guidelines T+1 is basis of allotment and registrar can publish it on T=2 by 8 pm. So seems they are following same and not publishing early to avoid load on their website.

AU bank ne mamla nipta diya.

Allotted one BNI and four from Indus ind bank pending

IPO Start Date: 04/03/2024
IPO End Date: 06/03/2024
Expected Allotment Date: 08/03/2024
Expected date for Credit of Shares: 11/03/2024
Expected listing date: 12/03/2024
Expected ASBA release date / Refund date: 08/03/2024

Shifted to recent..

The market regulator investigated a non-convertible debenture, which opened on Oct. 19 and closed on Oct. 30. As per the regulator, the base issue size was Rs 200 crore and the greenshoe option was Rs 800 crore.

"It was observed during the examination that in a particular issue, a significant number of individual investors sold the securities allotted to them on the day of listing itself," the regulator said in its ex-parte interim order.

SEBI's findings revealed a meticulously planned scheme aimed at manipulating the subscription and success of the public issue, according to the order. The regulator's probe shed light on the involvement of JM Financial as the lead manager and its associated entity, JM Financial NBFC.

While SEBI did not name the issuer in its order, the only issue that matched the details given in the market regulator's order was the NCD of Piramal Enterprises, according to data available on the stock exchanges. The issue raised Rs 533 crore and was listed on Nov. 7.
The action by the Securities and Exchange Board of India on Thursday came after the regulator concluded an investigation into the public issue of non-convertible debentures during the year 2023.

JM Financial was crucial as the lead manager for the NCD public issue and JM Financial NBFC acted as an 'exit provider', according to SEBI. This means they gave funds to investors for buying NCDs during the public issue and later bought all the allotted NCDs from the investors they funded, it said.

What stands out in this investigation is the offloading of a significant portion of the acquired securities by JM Financial NBFC on the very same day, resulting in a financial loss.

SEBI expressed shock at the manner in which subscriptions were managed, revealing a scheme that seemed to encourage individual investors to make applications for NCDs.

Investors got money from JM Financial NBFC and were promised a profit when they sold their investments on the listing day, according to the order. The whole process, from providing funds to buying and selling securities, seemed planned in advance, it said.

On the listing day, a significant number of individual investors sold the allotted securities, leading to an unexpected change in the holding pattern and a sharp decline in retail ownership, SEBI said.

This abnormal behaviour on the listing day prompted SEBI to scrutinise the public issue as it appeared to deviate significantly from the usual market norms.

In my opinion that's how IPOs get manipulated

Lagta he allotment finalisation bhi baki he abhi tak , website pe recent allotment section me name nahi aaya. No debit message to anyone also...

Ab Monday ko hi pata chalega allotment. 3 days holiday hai.

Karvy will remain Karvy, name change to KFintech does not help, no pun intended as it already is. King of laggards !!

I had Withdrawn 35 applications on last day.. bach gaya

God, please give my allotment to someone else

Iski saari future ki bhi cheen lo isse . Ye overconfident ho raa

Tujhe milega tab naa

32 applications kuch bhi