Expert members , don't u find it is unusual that almost all sme nowadays are going with bigshare though earlier we used to see a gud mix of all registrars.
I think bigshare has come up with a big scam where it is offering it's registar services at low fees and recovering the rest by giving preferential allotments to known entities in exchange of commission . I know this is serious allegation from my side but I find it very unusual . If u agree with me, react pls . We can jointly email sebi regarding bigshare's big schemes .
You are free to complain to SEBI but your allegations are not grounded in facts. Bigshare is definitely not getting almost all the SME IPOs. Also, your allegations about selling allotments for money seem quite ridiculous. I don't even know how an individual investors like me could offer to pay a commission to Bigshare in exchange for an allotment, but I would think there are checks and balances in balance and identifying information like PAN number is probably masked at the time the allotment is actually done.
From my personal experience , I have not observed any systematic under/over allotment from any of the RTA agents. It is the luck of the draw. I am having a good run lately but have also gone months without getting a single allotment which depended on chance.
Monday election in our area ,my query is ,1) Does Axis bank will be closed in election area..? as I have to apply offline thro forms of we four members for Energy Mission 2) will today's two ipo amounts will be un blocked on Monday morning,if not get ,as those funds will be used for Energy Mission.