2053.1. UjwalG| Link| Bookmark|
November 28, 2023 1:35:29 PM
IPO Guru (1300+ Posts, 600+ Likes)
Most probably all 3 bids will be canceled ,since a guy who applies in retail+hni , both bids gets canceled. But lets wait for boa/allotment, then only we can confirm that Either only employee gets canceled or all bids.
from whatever i have read in the prospectus and other details, ALL the three would be rejected. reasons: 1. eligible shareholder can apply only in the < 2.0 lakhs category to be considered 2. retail investor eligibility is only when the application amount is < 2.0 lakhs 3. for SH + RI category consideration, each application amount has to be < 2.0. even if one of them is higher than 2. 0 lakhs, this flexibility is NOT available 4. an employee of Tata Motors CANNOT apply under the "employees" quota, as the employees HAVE to be that of Tata Technologies.
Rest Both Application is Valid 1 HNI is valid 2 Share Holder is valid (If purchased Tata Motors Share on or before 13 November) (Maximum 13 Lot application will have good chance of getting 1 lot for share holder category. And So on)
@Ujwal@GuptaG You may have read wrong. He had applied sHni. Share holder and employe. @Pulkit gupta In this case only employee bid rejected. And both the other bids are valid
In my openion.. His Shni application should be valid here.. All 3 applications at same pan can also be valid.. If he hold the tata motor shares before, 13 Dec.. along with tata motor employee status
2053.8. Basuvr| Link| Bookmark|
November 28, 2023 2:00:09 PM
IPO Guru (2000+ Posts, 1100+ Likes)
@Pulkit gupta Sir your Employee application will be rejected whereas SH and SHNi is still valid. 🙏
Hope your relative holds TM and is eligible for SH application 🙂
How anxious everyone 😂😃😄🤠 In SHARE HOLDER: 20% SUBSCRIPTION BIDS CANCELLED NOW TOTAL subscription is 23 times, out of which around half were below 13 lot applications, therefore all applications having 13 lots applications must win the lottery of 1 lot I applied 3 applications in 3 pan with 13 lots.... 🤠😄😃
RBL Bank ASBA users please provide your feedback on the ABSA service. I heard last week service was completely down, Was this one off instance or happens regularly with RBL Bank ?
I thing of holding till Q3 results, because of Diwali sales. This is what @newgen consultancy ji had said during Cello listing, sell 50% @ above ₹840 and rest for a target of 865/890/910. Exit above 910.
please clear confusion tata ipo oversubscribed by 70x in bhni category then how it is possible out of every 14 applicationts one get allotment of 420 shares ??
Mail received from ICICI Direct :- Allotment Date – 30th Nov, 2023 Initiation of Refund – 1st Dec, 2023 Credit of Shares to Demat – 4th Dec, 2023 Listing Date – 5th Dec, 2023