Any update on Latest GMP, as it's allotment day today!
By the way, as per new update from SEBI to List shares in 3 days after offer closes. I can't imagine since registrar in 5-6 days time come up with Allotment in late evenings for Mainboard IPO's. What's your view?
Few years ago, allotment happened in 14-21 days. Now it is happening in 4-6 days. In future, it will be in 1-2 days. Technology improving the bidding, allotment, & listing process.
** 3 working days as per new update, also now the allotment takes place in 3 working days and not 5-6 days
353.8. Rakcyt| Link| Bookmark|
July 11, 2023 8:10:42 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Have seen the evolution in system from physical process to digital one . As rightly said getting cheque in time and then tracing lost cheques was real headache.. even form submission was pain in neck with long queue in good issues
I have seen physical cheque refund in dlf, reliance power. These issues came in 2008. Getting a physical form and finding a broker who accept form was a tedious task.
353.10. Pandit Ji| Link| Bookmark|
July 11, 2023 10:56:04 PM
Top Contributor (400+ Posts, 200+ Likes)
There was a time in 1980s and 90s, when the allotment process use to take 90 days, refund order as well as application form were in physical form, another 20 days for listing & if you sell the share on listing day, we would get the payments min after 21 days, thank god you are living in this era 😆
I start apply. at 5 :55 for all my ipo.. have been successfull in most ipo... dnt remember other than idea forge any ipo in which i dint get allotment...god is great
@GrayIsTheNewBlack One suggestion bhai..try doing re-kyc in bank or try opening new demat and trading account.. I have heard somewhere that it makes difference in allotment.. I
345.8. Huzefa| Link| Bookmark|
July 12, 2023 11:35:36 AM
Top Contributor (300+ Posts, 200+ Likes)
Apko nahi mila to setting chal rahi hai!!! koi setting nahi hai. Maine 1 lot apply kiya aur 1 lot mila. Its pure Lottery luck.
@Tejas Pandya , thanks for the suggesstion bhai .. Actually all the accounts are active and received allotments in undersubscribed IPO's (Mankind, PROV, etc.). Bas oversubscribed me nahi aa raha ( I guess it's more to do with luck). Btw, Congratulations on your allotment 🎉 Please dua me yaad rakhna, USFB/Netweb me allotment ke liye 😊
@Huzefa bhai mere, please check the time of my post. The allotment was not even known then. Anyways, congratulations on your allotment :)
@lucky boy bhai mazak tha samjho pls, chadho mat 🙏 Look at the emoji at the end of the post.
@Tejas Pandya bhai jaroor. Zordar party karenge agar mila to. 4 bHNI USFB and 8 bHNI Netweb soch raha hu abhi to. How are you splitting between the two ?
Sahi meh yese kuch possible hai agar kisi ka friend KFIN/LINKINTIME Meh kaam kar raha ho aur usski madat se vo appna allotment fix kar vale . Last IPO Muje jo allot hua vo hai HARIOM PIPES Dukh dard peeda katam nahi hota
But don't loose hope if you don't get today. It's pure lottery and you need to have patience. Choose wisely before applying and don't go for every IPO.
344.4. Aman Ipo| Link| Bookmark|
July 11, 2023 6:15:14 PM
Top Contributor (400+ Posts, 200+ Likes)
Don't get nervous. Ye koi exam nhi h ki ek baar fail ho gye to pura saal waste. Ye nhi milega to 4 din baad dusra lgao. There are lots of opportunities. Flood of ipos are coming one after another. So, relax and enjoy this IPO season.
I apply all applications on first day morning, sometimes late night 00:30 on opening date Last allotment was in cyient,I have applied it on 7:13am on 27/06/2023
344.11. Aman Ipo| Link| Bookmark|
July 11, 2023 7:16:47 PM
Top Contributor (400+ Posts, 200+ Likes)
Aap kis time apply krte hai wo matter nhi krta. Aapka time kaisa chal rha h wo matter krta hai.
344.12. Sharvam| Link| Bookmark|
July 11, 2023 7:25:36 PM
IPO Guru (1300+ Posts, 800+ Likes)
💯 % sahi ho AMANBHAI
344.13. Smile✍️| Link| Bookmark|
July 11, 2023 8:17:42 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@GovindPawar Best wishes for new journey. आम्हाला आता सवय झाली आहे, नंतर तुम्हालाही सवय होऊन जाईल.
Good luck with your debut IPO. Don't feel nervous, the only way to improve the probably of getting more allotment is applying from multiple accounts. So try to open new accounts in your family members name/PAN, and apply from those too.
I believe many of members here must be following some kind superstition for getting allotment. You may share For me, I never got allotment in ASBA so I always apply via upi mandate. Although now days I had to apply 2 hni applications via asba since upstox doesn't allow shni applications via asba
Saw some message like the earlier you apply the more chance for you to get allotment. It is not the case. In Cyient DLM I applied two retail on the first day within first two hours. And then another one on the last day after 4 p.m. (zerodha + upi). I got allotment in the last application I made. So first in gets more chance is a myth atleast for me.
Agr ipo me allotment lena h to ek hi secret h jyada se jyada retail application lagao different demet account se. More than 10 application lagao all time allotment milne ke chance bd jayege. I have got 2/9 in ikilo 1/10 in ideaforge 2/11 in cyient dlm and now waiting for senco .
I have applied two applications under same PAN. One application have valid application number and other application do not. On BSE it shows only one application. Two applications through different broker are not valid?
@Nagpur ka bantai You can't apply more than one application from one PAN. You can maximise applications by applying from different PANs, but only one application per PAN.