It''s time to expose SEBI MANAGEMENT, LEAD MANAGER, REGISTRAR & some GREY MARKET AGENT from Year 2020-2021 IPO SCAM. HOW POSSIBLE TO MAKE MONEY DOUBLE IN JUST 7 DAYS.....NO IPO ALLOTMENT TO PROPER RETAIL INVESTORs
1 in 20 chance app wise for retailers. How the hell do we expect allotment even if we consider all family members? This is really disheartening. This was not always the case pre-covid. :(
That is why I started to apply with 40 demates ...Different name and PAN. I applied 16 lots in Clean and got 0 but I sold all apps in grey @1075 so got 17200 happy
@andrew can you pls elaborate on how to sell in GMP our application I have 16 application whome to contact, asked many times on many pages but no one replied. Can you please help me with this. Do reply. Pls
@Normal ...See I am in Ahmedabad and my broker bought my applications at good price....This deals take place on trust only.....There is no documentation......Find broker in your local area.......This type of deals are normal in Gujarat Mumbai and Rajsthan......I cant say about any other state...Thank you....
Guys, if you are thinking that linkintime involves in malpractices than you should log complaint in sebi''s score system.
Mass reporting by investors will force sebi to initiate inquiry against linkintime. Same has happened earlier for karvy when it involved in malpractices.
Yes that will be better! But people will start to worry that link time may not start blocking their PAN as the process will be lengthy and take time. If they have corrupt habit they have the mean to find who reported the issue!!
Agree with you linkintime involved in some malpractice.
315.5. Grow India| Link| Bookmark|
July 30, 2021 11:53:06 PM
Top Contributor (300+ Posts, 100+ Likes)
Send link to report Karna chahiye report allotment to vaise bhi nahi aati 1 pan card block hone se kya fark padne wala hai or jab enquiry hogi to wo sabhi ke pan card alag se Sambhal ke exception me nahi dal sakte.
DEAR Ankur Goel Jee, Agar Itni Pyari Soch Tumhari Nahi Hoti, Mulakat Tumse Hamari Nahi Hoti Taddapte Rehte Sache Dost K liye Agar Dosti Tumse Hamari Nahi Hoti Happy Freindship Day Goel jee
315.7. Ankur Goel| Link| Bookmark|
August 2, 2021 12:01:02 AM
IPO Guru (1300+ Posts, 600+ Likes)
Sorry bro! Get your facts correct. SEBI action was against Karvy Brokerage services. That business had to stop because of fraud by promoters. The Registrar business was taken over by General Atlantic and renamed KFintech.
I agree Link in time is fraud , i have never got allotment by them , i have applied 20+ IPO that they managed and haven''t even got 1 meanwhile Karvy has given 4 allotments to me , there is no bigger fraud than Link In Time.
315.13. Ankur Goel| Link| Bookmark|
August 4, 2021 11:42:44 PM
IPO Guru (1300+ Posts, 600+ Likes)
Samuel ji, before banning karvy broking services, karvy registrar was banned for period of 6 months few years back.
If you are not lucky then don''t blame linkintime better to blame your luck as for last 8 ipos only single application each I applied & I got allotment in 6 IPOs is that means I done setting with linkintime. The members who thinks linkintime is corrupted better to dont apply In any ipo whose registrar is linkintime but don''t blame any one you loosers
PPSY seems to be an employee of Linkintime calling others looser and abusing others , link in time is fraud even i agree , i haven''t got any allotments by them in my personal account since 1.5 years , 16+ IPO''s , allotment in none .
You are blaming linkintime for malpractices and what are you doing by applying in 30 application is this is fair . A genuine person can''t apply for more then 4 application as average family members are 4 maximum 8 . You are doing wrong practice by applying 30 application that''s why now a days ipo subscribe too much because of peoples like you . Before blaming registrar first look your self what you are doing by applying in name of 30 applicants sebi has to block the applicants like you.
A big OMG. Really? Some of you guys are veteran in trading and yet only reason you give here for LinkInTime to be fraud is that you guys didn’t get allotment?
Are you guys some children of kindergarten? I got allotments from both KFinTech & LinkInTime almost at same proportion, yet I do think of higher probability of LinkInTime doing something fraud. Reason is that you can’t delay allotment for everything effing time. That has to stop. If their system is not capable or not enough staffs, then they should rescind their services.
Plz don’t reply to me saying that LinkInTime is better than Karvy. Comparison is a separate thing altogether.
What is the rational behind thinking that Registrar is fraud ?
1) You are not getting allotment - That is okay. Because issues are getting oversubscribed by many times and then if it is a lottery there is no guarantee. Don''t say I applied 10 IPOs or 20 IPOs. This is how lottery works. Better you go outside and buy real lottery on daily basis and you will not get lottery in years. Then what you''ll start blaming the lottery seller person ?
2) Allotment process delay - I remember exactly that earlier always allotment used to be happen on day when it is mentioned ''Initiation of Refund''. Just because for some IPOs if they did allotment in a day advance doesn''t mean they will keep doing it. They are not delaying allotment than what they have mentioned. They mention date and not time. So if you can''t keep wait, if you are too eager to know it is your problem.
And by the way I also used to get IPOs earlier and now a days I do not get for most of IPOs even after applying 10-15 application, but I understand it is happening because so many people are rushing for IPOs now a days.
Peace !!! :)
315.24. Ankur Goel| Link| Bookmark|
August 5, 2021 1:10:42 PM
IPO Guru (1300+ Posts, 600+ Likes)
@PSSY, Am I breaching any law? all application are strictly follow rules laid by Sebi and banks with proper PAN and aadhaar. If you think, I am doing wrong practice, you can report mine case in score system of Sebi. You are free to lodge complaint.
315.25. Ankur Goel| Link| Bookmark|
August 5, 2021 1:13:13 PM
IPO Guru (1300+ Posts, 600+ Likes)
Totally agree with you @AbDixit. But it raises concern when application wise subscription is lower than the applications applied by you & you got baba ji ka thullu in allotment.
@PPSY...you know there is a word called relatives and another one called as friends. These people don''t know how to deal with IPO process hence one can apply in their name if they have the capacity and. Capabilities to do so. Also someone might not have the funds to apply in the first place, someone might ne scared to put money in the market. Personally i give 50% of profit to individuals who are ready to partner in this IPO game. All they have to do is nothing. Today you are criticising retail applications , Tomorrow you''ll blame HNIs for borrowing funds. Everything here is legal as there are tools in place to do so, if it was illegal then there would be no tools to apply in the first place. One should be happy that more no of investors are pouring in the market. Live and let live. Peace✌️
I know it feel bad and I also felt same too. Even in IPOs i.e. IRCTC, GR Infra, Clean Science where I applied many application and application wise subscribe data was less. But that doesn''t show fraud.
By going that logic then anyone who is applying single application should not get any allotment. This whole mechanism is put in place that smallest bidder also have an equal chance. Otherwise what will be the difference in Retail and HNI category.
315.28. lokes| Link| Bookmark|
August 5, 2021 2:50:06 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ankur: what kind of logic you are giving yar....use some common sense... you are saying if you are applying for more no. of applications then number of times of subscription then you should get atleast something. i hope you are educated enough that each application is individual in its own, lucky draw system wont be knowing that these 30 were applied by ankur etc....so obviously it can be 0 or 10 or all 30 allotted.... people are getting 1/7 or 2/7 or 2/5 etc etc in 20 times oversubscribed ipo''s , as per your logic they shouldn''t be having any chances... i got 2/4 in heavily subscribed tatva by linkintime, 1/5 in glenmark and 0/5 in rolex....so you should understand and accept its all about luck
315.29. Ankur Goel| Link| Bookmark|
August 5, 2021 3:18:54 PM
IPO Guru (1300+ Posts, 600+ Likes)
@lokes, this is not first time happened with me in heavily subscribed IPOs. List is very long which includes tatva, Nazara, Barbeque, Indigo Paints, Burger Kings.
And it is LinkInTime always.
I know it is probability game but probability lies against me whenever Registrar is LinkInTime.
315.30. lokes| Link| Bookmark|
August 5, 2021 3:37:55 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ankur: so you mean to say that you applied for more than 10-20 applications in each of these rolex , tatva, Nazara, Barbeque, Indigo Paints, Burger Kings etc and you didnt got a single allottment in any of these ipos in not a single application.... if that is the case, then chalo maan lete hai linkin time aapke sath fraud karta hai :)
But for 10-20 or more applications its UN-belivable for me that nothing is allotted in so many ipos, until i check myself using all pan numbers on linkin time website...its like you are saying 0 allotment from 120-150 applications taking all together
You have time till tomorrow 11:59 AM to approve the UPI mandate so you got the time to think and decide. This the one advantage UPI has over ASBA.
314.3. Scrip| Link| Bookmark|
July 30, 2021 11:24:32 PM
Top Contributor (500+ Posts, 200+ Likes)
U can accept Mandate till Monday 11.59 AM
313. P Patel| Link| Bookmark|
July 30, 2021 8:38:07 PM
IPO Mentor (900+ Posts, 900+ Likes)
Very much high subscription than expected !!!! Full statta will be there on listing day.... BUT.....,Lets see how will it perform on listing and how long the higher listing will sustain...
Hight chance of price coming down from listing price given the people are not comfortable with the financials. For small investors seems better to put sell order at pre-open whatever the profit there!
Can some expert please guide? My mandate shows unsuccessful in paytm app but I received a message that mandate is successfully created and my amount is also blocked from my bank account. But after some time I received a mandate request again. Will my application be submitted? Or will it be rejected?
If amount is blocked then better to avoid approving another mandate given the number of people complaining that the amount not released and some mentioning twice the amount blocked. Double mandate may have happened due to technical issue!. Keep your money safe and try to use ASBA which is best for IPO. The chance of allotment is 5% only anyway!!
I accepted an UPI mandate in Paytm and HDFC holds double the amount . And just now I received another UPI mandate for the same in Paytm. How to verify whether the application has been accepted or not? In NetBanking it''s showing on hold for recent application
Hey, I applied for Rolex through Hdfc Upi (Phonepe) so while accepting the mandate it took few seconds and ultimately Phonepe showed unable to do so and the application status in upstox shows this *Block/Release Request rejected by Client Bank due to Technical Reason* But I''ve received a message from bank stating the mandate is successful what should I do in this case?
306. Splendid| Link| Bookmark|
July 30, 2021 8:05:35 PM
Top Contributor (300+ Posts, 100+ Likes)
Anyone apply through Indian Overseas Bank ASBA? If yes, does IOB allow 3rd party application? Anyone got 3rd party allotment through IOB ASBA.
In HNI segment - is the chance of allotment under lottery system of a minimum 1 lot are for someone who have applied for a minimum of 360 lots or min 360 + shares (multiple of 16) ? Trying to understand the 1:1 basis is in terms of lot size or number of shares considering that the issue size in HNI segment is oversubscribed by 360 + times!
Yes confirmed 1 lot will be there who has applied 360 lots and in case of any additional lot applied he will get 1 lot + propotianate shares depending on additional lot applied
yes it has to be 360 * 16 * 900 (times * lot * price) = 51 lakh approx to get 1 lot ... am amazed that a person having 51 lakh for a ipo .. applies to just earn 15k (if its 100% opening profit).
After 1 lot is allotted additional share will be based on proportionate basis and it will not be lot wise it will be any odd figure so it could be 17,18,19 and so on ....
Nowadays early allotment buisness also start by link in if one paid handsomely in advance apart from malpractice in allotment....sebi fully aware these
301.1. sdz| Link| Bookmark|
July 30, 2021 11:47:07 AM
IPO Guru (1200+ Posts, 500+ Likes)
Oh No plsss. I went full in Glenmark expecting Rolex will be about 300x dude to High GMP. 150x se kam nikla tho mera sab overlapping IPOs ka decisions flop show continue hote rahega 🥴
HNIs cannot cancel or lower the bid once placed. They can revise the bid upwards meaning if you have applied for 100 lots then you can revise the bid to 110 lots but cannot lower the bid to 90 lots or withdraw the bid. I know ICICIDirect follows this rule, I don''t know about other brokers. Cheers!!
301.6. sdz| Link| Bookmark|
July 30, 2021 1:43:41 PM
IPO Guru (1200+ Posts, 500+ Likes)
@ Kabir, @ Avenue I just hope Rolex ROI not to be more than 2x of Glen''s