SO IN SHARE HOLDER IF I APPLY SINGLE RETAIL APPLICATION ,SO ALLOTMENT BASED LIKE RETAIL OR PROPORTIONATE?
KINDLY GUIDE.IN SBICARD , I HAVE Applied SINGLE RETAIL IN MO OF ACCOUNT AS WELL AS 3 LOT IN SOME AC. I HAVE ALLOTED SINGLE ALL APPLICATION THEN IN 3 LOTS TILL 2 LOTS I HAVE ALLOTED SO HERE LIKE THAT? OR MAXIMUM OT APPICATION ,MORE CHANCES.
@Dev Investment Advisory Retail , SHNI and BHNI will be lottery like Normal IPOs and Shareholder Quota will be proportionate
Like , If You apply 8 Applications from 1 A/c in Shareholder Quota and Shareholder Quota is oversubscribed be 7times. Then you will get 1 lot 100% and some more shares as you have applied above oversubscription .
Agar 11x bhara aur aapne 11 lot lagaye toh 1 lot pakka milega
That means applying 1 lot in SH doesn't make any sense, since SH quota will be over subscribe that's for sure and 1 lot in SH will not get any allotment
SH KOTA ALLOTMENT WILL BE ON PROPORTIONAL BASIS BUT IT DEPENDS ON HOW MANY APPLICATIONS ARE SUBMITTED SIMPLE THEORY IT IS NO MATTER SHARE WISE AM I RIGHT..??
I would like to get your views on the following I have opened my daugther minor accout with prostocks and have a bank account in her name. Even though she has a PAN , I think bank people updated my PAN details in the bank account. Will it be a problem for applying ipo ? Demat account is having her PAN details
Also would like to know is there any limit for minor bank account transactions? Can we deposit 10 lacs and apply as HN1 or is there any limit ? most of the google information shows, there is a saving account limit for mintors. pls clarify and help.
मैं क्या करता ? 14app×3 issue ×15000appx=630000 Bal 870000 Tata 10app×15000=150000 4app×200000=800000 950000-870000=80000 कम हुए लगभग 60000 रु की कमी (क्योंकि संभी इश्यू 15 के नहीं है) पूरी करने की कोशिश करता या IREDA/GANDHAR में एक छोड़ कर TATA
Some members have confusion about the bifurcation for different category. So, I have tried to give some glimpse on it which is as per below:
Total Issue Size: 6,08,50,278 Shares worth ₹3,042.51 Cr Out of this 10% is for Shareholder category: 60,85,027 Shares worth ₹304.25 Cr And appx. 3.33% is for Employee category: 20,28,342 Shares worth ₹101.42 Cr
So after deducting both SH & Emp. category from total issue, remaining is 5,27,36,909 Shares worth ₹2,636.84 Cr
730. abc xyz| Link| Bookmark|
November 16, 2023 5:45:39 PM
IPO Guru (1400+ Posts, 1400+ Likes)
The Shareholders of TML - DVR will also gets the reservation in Tata Technology , same as the Shareholders of Tata Motors.
Now a person having both Tata Motors & Tata Motor - DVR will also get reservation in both categories of TML & TML - D. But as per my understanding a Single Pan holder can choose only one reservation either TML or TML - D, Not both.
Most of the members may have both TML & TML -D in their portfolio.
To be eligible for SH quota, one needs to have one share of TaMo or TaMo DVR, it does not matter which was held and in what quantities. There is only one SH category.
I have shares of Tata Motors . Will I get allotment of Tata Technologies Shares on firm allotment in the IPO? What will be the ratio of shares alloted.
U are eligible to apply under shareholder category also. No firm allotment. Under shareholder category u may get either no allotment or one retail lot ie 30 shares, if u apply for 13 lots. There are very little chances of getting more than 30 shares under shareholder category
726. Saney| Link| Bookmark|
November 16, 2023 5:20:00 PM
Top Contributor (400+ Posts, 100+ Likes)
What is the maximum number of lots we can apply under shareholder quota?
@Admin @ Chittorgarh.com ji, I repeat my suggestion to put these basic things in the info above if possible. Majority of queries are repetitive, and will get cut down if info captured above.
ADD ON TV TWO SOLDIERS OF DIFFERENT COUNTRIES ON BORDER, ONE IS SAYING INDIA MEIN TO fogg CHAL RAHA H NO NOW IT SHOULD BE AS ""INDIA MEIN TO TATA TECH. IPO CHAL RAHA H""
When irctc ipo came back in 2019 people also criticize that without looking at the business... Check yourself... https://www.chittorgarh.com/ipo-feedback/irctc-ipo/1018/52/