Hello Folks, Plz advice about the order in which priority should be given in limited funds availability... I feel the below order plz correct me Hdfc Mahindra logistics Khadim New india assurance Plz advice
RPOWER IPO case: Issue price 425 per share. Only promoter is Reliance (Anil D Ambani) No Monitoring system on daily/Weekly and Monthly Basis except Sebi.
RNLAMI IPO case : Issue price 252 per share. Promoters Reliance and Nippon Life SEBI, IRDA and RBI will monitor the system (Daily, Weekly and Monthly)
I HAVE APPLIED LAST 10 TO 12 IPO BUT I GOT ALLOTMENT ONLY WHEN THE IPO IS NOT FULLY SUBSCRIBE LIKE SBI LIFE & ICICI LOMBARD. BUT REST OF THE IPO I DID NOT GET ALLOTMENT.
I APPLIED IN RELIANCE NIPPON IT IS SUBSCRIBED ALMOST 6 TIMES. SO I GET ALLOTMENT OR NOT
It''s again lottery hence you may get a lot if you are lucky enough. Don''t get discouraged. Keep applying in oversubscribed as well and you will be rewarded with allotment one day. Fingers Crossed.
Can anyone explain the allotment process? I mean if it is oversubscribed, then to allot to maximum individuals, the lots are decreased or something like that? Like someone applied 5 lots & its oversubscribed 5times, then allotment will be decreased to one lot for this applier? So that maximum people can be fascilated, Or he''ll be alloted 5 lots only,if he gets allotment through lottery system. Can someone explain it in detail covering most of the scenarios..
Irrespective of how many lots applied, it will be considered as 1 application and such single applications shall be considered for lottery which will be randomly computer will be allocated 1 lot.
IF I AM APPLYING 4 LAC THAN I WILL COME UNDER HNI CATEGORY. THEN WHAT IS CHANCES OF GETTING THE ALLOTMENT? WHAT IS THE PROCEDURE FOR HNI ALLOTMENT? CAN GENIUS PLS REPLY... THANKS IN ADVANCE...
your condition would be worst then rii. 4 lakh amount is approximately 1500 shares 1500/209 is 7.7 shares. there will be others who have applied 1500 shares. your chance of getting 59 shares therefore is appro 1 in 8.
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