It seems SEBI has uncovered some big query ... and the BRLM has responded to it ... but SEBI is still not satisfied ... the issue may not get clearance for another 1 month ...
500. AhireR| Link| Bookmark|
January 14, 2020 11:35:44 AM
IPO Mentor (800+ Posts, 1000+ Likes)
Everyone is holding 1 share of sbi and hoping to get min 1 lot..If you guys read DRHP it is clearly mentioned that the allotment will be on proportionate basis..no min lot formula here..And if the gmp stays this strong SH cat will get oversubscribed just like NII category..And allotment will also be like NII cat..Small investors will get nothing. Let's hope they change this criteria to min 1 lot for successful app in RHP
Very true for SH category. Like NII it is proportionate with a bid limit to 2 lakh.
500.2. AhireR| Link| Bookmark|
January 15, 2020 11:02:17 AM
IPO Mentor (800+ Posts, 1000+ Likes)
@dr jan There is no upper ceiling for SH cat app..Only if u bid for less than 2 lkh rs then u can apply from RII also..If u bid for more than 2 lkh then u can't apply from any other cat.
अर्थात ॒ जिस प्रकार मकर राशि में प्रवेश करने के बाद दिन प्रतिदिन सूर्य देव का तेज बढ़ता जाता है, उसी प्रकार आप का तेज,यश,और कीर्ति भी दिन प्रतिदिन बढ़ती रहे ।उत्तरायण का सूर्य आपके स्वप्नों को नयी ऊष्मा प्रदान करे, आपके यश एवं कीर्ति में उत्तरोत्तर वृद्धि हो, आप परिजनों सहित स्वस्थ रहें, दीर्घायु हों, यही कामना है। उत्तरायण होते सूर्य की कृतज्ञ वंदना का सनातन, शाश्वत् पर्व, आप में सूर्य की सात्विक ऊर्जा का संचार करें। आपको और आपके परिवार को मकर संक्रांति, उत्तरायणी, पोंगल, बिहू और लोहड़ी पर्वो की हार्दिक शुभकामनायें।
Same to you sir. Kafi dino k baad ?? BTW, KEI aur POLYCAB Maine strongly hold kar k rakh liya hai. Thanks for such a profitable suggestion. Please keep Posting.
SBI cards SEBI update: Status changed to Under process(the date of receipt of the draft offer document under sub-regulation). Initially it was Clarification awaited from LM. Looks like done with all clarification and SEBI is waiting for date of RHP.
Today in Rajkot there is a rumour that who holds only 1 share of SBI they can not apply in share holder catagory. They have minimum 2 share of SBI. Someone please inform is it true ?
Kaha se laate ho ye saab khabar(rumour). There is no mention of 1 share or 2 shares. To become shareholder 1 share is enough. Who decide 1 share or 2 share & why not 5 share than. Keep it simple. Shareholder means shareholder whether he holds 1 share or any number of shares.
SBI cards ipo still not approved by Sebi. According to sebi, it receives reply from external agency for SBI cards. External agencies like stock exchanges depositories, RBI etc