I had successfully applied for 236 shares of RNAM on its first day of IPO. But I haven''t alloted any Share of it and whole application money has been refunded to my account. Please advise possible reasons for not getting alloted any Share.
Hi Rahul , It''s totally depends on Lottery system ,even you applied on first day or last day all are equal for lottery try your luck in upcoming good IPO''s.
Not lucky. This is the only reason. Never mind and better luck next time. If possible open more demat account of u r family members and always apply one lot but more nos of application.
After reading this news, you can guess what will be the opening price of this Share. It should easily open above 400
Marquee investors including Rakesh Jhunjhunwala, Akash Bhansali and Nimesh Shah have put in bids for the recently closed Reliance Nippon Life Asset Management (RNAM) IPO, sources told ET Now.
Read more at: //economictimes.indiatimes.com/articleshow/61336457.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
If the issue is oversubscribed then no need to apply for 2 lakh in RII category cos even if ur lucky u will get just one lot. Always apply at cut off price & try your luck.
@ gamble sir I m 25 old boy and wanted to start my own portfolio. I have applied in reliance Nippon and ALLOTED 1 lot. I wanted to know it''s better to invest in long term ?for how many years approx ? Or just listing gain ? Thank you in advance
Hi Does anyone has access to basis of allotment for Godrej Agrovet and Reliance Nippon. I found that https://karisma.karvy.com/basisofallotment.aspx is website but it does not allow me to fetch details of any of "IPO" if anyone has fetch detail for any of please publish in forum. Ironically for any IPO run by Karvy in recent time basis of allotment is not available. earlier it used to be published in leading news paper and available on public domain.
Latest GMP of reliance Nippon ? And expected opening price on listing ? Any suggestions
1235. MAMU| Link| Bookmark|
November 3, 2017 1:32:39 PM
IPO Guru (2000+ Posts, 1200+ Likes)
GMP :- 46 - 48 HDFC life insurance depends on monday listing of nippon. If it will list on fancy price then equation will change from here for HDFC life. Hope for the best
Khadim IPO: Compared to industry P/E it is little costly. Footwear industry growing at similar rate since last few years. No tremendous growth in industry. Profit margin is low in footwear industry. GST will be helpful to industry from extra headaches. Market condition is favorable. Market is making new heights everyday. No loss on listing. Mid to long term returns are better. We can apply minimum lot.
Reminder to fellow members. Don''t sell to grey market punters in panic. Listing will be much above the current premium.
1229.2. AKH| Link| Bookmark|
November 3, 2017 11:47:55 AM
IPO Mentor (900+ Posts, 700+ Likes)
Looking at past performance of past 5-6 IPOs with their respective GMP just before the listing day how can you say it will give premium of 60+ whereas its GMP is below 50