@brown it''s depends on ratio how much subscribe for buyback recently tcs has announced buyback that time 100% buy back accepted by company because of tickets size is very high
303.1. Brownsugar| Link| Bookmark|
February 18, 2021 3:57:12 PM
IPO Guru (3100+ Posts, 2800+ Likes)
My concern is that...if i tender 1 share for any % of AR...,...that 1 share should be accepted ..right??...
There are simple way to understand punter strategy like market goes upp and gmp down lol retailer are very smart than punter,
301.3. Brownsugar| Link| Bookmark|
February 18, 2021 3:43:34 PM
IPO Guru (3100+ Posts, 2800+ Likes)
Off the topic doubt.. @chokdi gang What if i buy 1 share per demat account for buyback ....from 5 demat accounts... Are all my 5 shares going to be accepted in buyback?????
Want to understand, what are chances for allotment if someone apply for 20 lots in HNI category and HNI Quota is filled by say 80 times? PS. - I applied in Retail for 1 lot but i want to understand.
Purely Lottery base if you have applied for lots less than the number of times subscription received in HNI(NII) category. No one is allotted less than 1 lot in HNI. Allotment above 1 lot is proportionately.
Subscribed 6.64 Times on Day 2. Nice to see QIB 2.96 Times, and NII 2.63 Times subscription. Retail Investors: 10.53 Times Allotment in retail category purely on luck. It''s going to be 15X in retail.
Honestly, I don;t understand much about UPI brouhaha.....
If you have a bank account, go online and apply through ASBA through your bank...why so much biatching about PhonePee/Googlemanure/Paymoron etc app that it didn;t go through, that didn;t go through, this got declined, mandate marooned yada yada
in this time of digital penetration, it pains to read such agmark organic buffalo manure
and lastly, thanks for all your pan card numbers....it does help :-D
295.3. jajo| Link| Bookmark|
February 17, 2021 10:52:48 PM
Top Contributor (300+ Posts, 200+ Likes)
@IPO Curiologist, You are exactly on the point. Even I don''t understand why is this UPI mandate, accept decline failure rejection etc. Anyway you need a linked bank account for UPI. So why don''t go straight away for online ASBA application without this hassles?
yes you hit the nail on the head. I too faced many problems like these. mandate not coming etc...... there should be a better way for applying for retail investors
295.6. P Patel| Link| Bookmark|
February 18, 2021 9:21:34 AM
IPO Mentor (900+ Posts, 900+ Likes)
Better and simple way to apply for retail investors is ASBA from your bank. Don''t know why people go for complicated approach of UPI
ASBA is best way to apply IPOs. But if you had to apply via UPI then only use BHIM app. No other app is good for IPOs. BHIM app is seamless and always timely block & unblock amount.
1. Everyone are at different stages of understanding of Stock market and Bank operations. 2. A 10th standard will find a 5th standard students question silly. Then again an Engineering student will find a 10th standard students question as irrelevant. 3. In a public forum, people post what is relevant to them. If it''s below your standard then ignore it. In a forest where lions and rhinos live there are foxes and parrots. Everyone have their own path. Don''t interfere in others. 4. Don''t chase away the newbies. With Regards from an experienced investor who was a newbie 15 years ago.
it''s not avout chasing newbies. if you know about complicated UPI mandate process, any tom/dick/harry (or is it about jane/mary/rose) bank has ASBA. Instead of anal_yzing IPO merits and relevant yada yada, that may give more insights to the newbies from an 15 year old investor (IMHO, you take a Q number and wait for your turn).........i rest my case
there''s only one way to live in a forest..........make sure, you''re alive tomorrow to catch your worm or whatever.......pun intended :-D