I applied for 28 lots in this IPO under HNI category from HDFC asba. And I was not alloted any shares. How is it possible? Oversubscription is less than number of lots I applied, so basically I should definitely get allotment right?
322.1. PSR| Link| Bookmark|
September 13, 2022 10:38:57 AM
IPO Guru (1300+ Posts, 700+ Likes)
Though you have applied for 28 lots, for all practical purposes it is treated as an application for 14 lots in view of over subscription, number of applications wise. The allotment in this category must have been ONE for TWO. Your application could be in the unsuccessful applications, hence no allotment.
TMB IS A PROFESSIONALLY MANAGED BANK. GOOD NUMBERS. NO PROMOTERS' MANIPULATION LIKE YES BANK. A FEW LEGAL ISSUES, WHICH SHALL NOT AFFECT THE BANK. OUR RBI IS COMMITTED TO SAFEGUARD THE BANKING SECTOR. MANY A RETAIL APPLICANTS DID NOT GET ALLOTMENT HENCE THE APPRECIAON MAY BE SLOW NOW BUT VERY STEADY AFTER SOME TIME.
317.2. B.M.SURANA| Link| Bookmark|
September 13, 2022 12:10:53 AM
IPO Guru (2700+ Posts, 5300+ Likes)
Koi Tricks Nahin hai Luck hota hai kabhi Lagta hai kabhi Nahin. Allotment Ratio 1/2 ka hai karib . Bahut Logon ki Application Reject hoti hai Yeh Third Party Third party kyon? Jab Logon k Bank Accounts hai to 3rd Party ki kyon Sochte hain.