In RBZ , Big Share did not like to give share of RBZ, 04 in retail 0/2/in SHNI. Any way thank a lot to Big Share for timely allotment and release of fund.
It's the same with me, I apply 3 retail and 1 SHNI in most of the IPOs, the last time I got any IPO was 2/3 in retail in Manoj Vaibhav and now got 1 in Muthoot Microfinance. Any IPO where the retail subscription goes 10x. I have never got in last 3 years of me applying in IPOs. I have given up now. It's just blocking and unblocking game. Agar kabhi lagg gya SHNI toh sahi hai
If you have Rs10L+ (seems like from the no. of SHNIs you are applying) it is better to apply for 1 BHNI than 3 or 4 SHNI for most IPOs. Watch the subscription figures and do the math. The BHNI subscription numbers have to divided by atleast 5 to get the number of eligible applicants.
Got Retail 1/2 in RBZ,1/2 in Muthoot, Rest all 0/2, pls advice if I should hold any of this. Last got in kaynes and still repent of selling the same on listing
92. Vnrao| Link| Bookmark|
December 22, 2023 9:05:08 PM
Top Contributor (500+ Posts, 100+ Likes)
For BHNI application, I was allotted 2101 shares. Should have got 2100 shares, but 1 share extra. May not show fireworks on listing day but gives 25% appreciation by 31January 24. Will follow Manoj Vaibhav. Also got allotted Manoj in SHNI. Sold at 325.