Hi..I'm applying for IPO through ASBA of Indusind bank. The category mentioned their is 'IND'. Is it the retail investor category? They also have another category as 'IC'. I hope this is not a retail category.
1304.1. AhireR| Link| Bookmark|
March 2, 2020 10:12:43 AM
IPO Mentor (800+ Posts, 1000+ Likes)
Yes ind is retail category. Go for it..
1303. AhireR| Link| Bookmark|
March 2, 2020 10:01:53 AM
IPO Mentor (800+ Posts, 1000+ Likes)
Retail beast mode on.. 124000+ apps in 1 hour.. Bids for 350 cr+
In Shareholder category if I select retail shareholder at cut off price, it shows price of 14250 (750*19). But cut off price is 755 which should be (755*19 = 14345). Is there a discount of 5/- per share for shareholder in retail?
What an amazing turnaround! Panic selling saw trades around 205 and now again 265+. Pradip Sir there's talk of some Gujarat brokers and punters cancelling trades, it it true?
In shareholder category of I apply multiple bid what is the chances of allotment? If it oversubscribed Can I get multiple bid or single bid after allotment?