I applied for Sai Swami Metals IPO as retail investor today through Zerodha. As the mandate was not received in the phoneapp, I cancelled the application with the intention to apply again. Although I got message about the cancellation, I could not place the fresh order as amount was blocked. Can it happen that even i don't accept the mandate, the amount is blocked? Experienced members pls throw some light.
Expert please guide about the allotment process of HNI SME. Mujhe ye to pta hai ki agar hni say 200 times subscribe hua h aur kisi ne 250 lot apply kiye hai to use 1 lot confirmed milega but baki 50 lot ya 249 lot k liye wo lottery system ka part hoga agar haan to kitne lot k liye 50 ya 249? Aur agar kisi ne 10 lot lagaye aur kisi aur ne 2 lot lagaye to dono ki lucky draw me probability same hogi ya 10 wale ki 2 ke comarison me 5 times jyada probability hogi?
36.1. Basuvr| Link| Bookmark|
May 3, 2024 4:04:06 PM
IPO Guru (1800+ Posts, 1000+ Likes)
@Learning IPO Market Go through this thread to understand SME HNI Allotment probability
Funds available for 2-3 lots... better to make single lot application in retail or 2-3 lot application in HNI...Please advise as to whose probability will be better for allotment.