now is the time to think about getting allotment and decide if we should go for long run or take short cut and book the profit. plz let us know,when time comes-of course,the ratio of allotment,plz.
Syngene Ltd. issue seems controversy initially.1.According to RHP some shares reserved for Biocon Ltd. Share holders,but no one can get preferential share application form from co.2.Syngene published advertisement first day Issue Opens today,but company didn''t gave advertisement for issue closes today which traditionally all company follow.
ASBA is awesome, paperless, it takes 30 seconds to apply for shares, can''t make any errors. Other than you no-can work on it.
If its is a Physical form, more than 20 persons will be working on your Cheque Collection. Possibility of written Errors, losing of application, cheque.
One drawback by applying through the ASBA,You cannot cancel your application. by applying physically form you can make the stop payment after seen the subscription.
I have applied for one lot from myself and one for sister. But I have realized secondary market presents ample opportunities and fighting in IPO doesn''t make much sense.
That is absolutely true. Even Syngene can be bought after listing. There is too much money chasing few good ideas so we can hope to make money in Syngene post listing also.
161.1. Chem cho| Link| Bookmark|
August 6, 2015 9:30:45 AM
IPO Guru (2500+ Posts, 2700+ Likes)
YES IT WILL WORK NO ISSUE UPTO 5 DEMAT ACCOUNT YOU CAN ONE SAVING ACCOUNT SBI HAS DONE A GREAT JOB FOR US. DEMAT FIRST NAME SHOULD BE DIIFRENT FOR 5 DEMAT ACCOUNTS , ANY SAVING ACCOUNT OF SBI EVEN THEY ARE NOT DEMAT HOLDERS
Can anyone tell me how allotment works. If anyone has apply at cut off price & other has applied at lower end. What are d chance of getting allotment to cut off price or still there will be lottery.
Cut off price bid are made with understanding that whatever price decided is acceptable. In case lower price declared then if allotted balance amount will be refunded.
New allotment rules are based on applications recieved and not on the amount applied for. All applicants will be allotted 1 lot and leftover will be distributed among applicants of 2 lot and above. In this IPO app 3 lacs applications are expected ,it may be not possible to allot every applicant to allot 60 shares , so 60 shares will be allotted by lottery . THIS IS FOR RETAIL INVESTORS
RETAIL portion applications will be around 3 lacs or more. In VRL IPO RETAIL portion applications were 5 lacs . NII + QIB +ANCHOR will be below 1000 applications in total
In my demat IPO status, it is given as IPO for 120 shares was executed. So, when should I see these information in my demat account. When should we know the IPO results (shares are allotted or not)