Tata Investment IPO Share Allotment: The share allotment of Tata Investment IPO, which was open for public subscription between November 22 and November 24, likely to be finalised tomorrow, November 28. Investors can check their allotment status on the issue’s registrar Link Intime India’s website as well as on BSE.
2017.3. AryanRaj| Link| Bookmark|
November 28, 2023 11:00:59 AM
Top Contributor (600+ Posts, 100+ Likes)
If this is true than allotment should come EOD before evening so that shares are credited tomorrow before 3:30 and so brokers can run file at evening after settlement to put shares in trading account on 30th. If allotment comes at night than listing on 30th will be difficult though not impossible.
If it's the reality, then we can hope for the better allotment. Let's wait n watch lill more.
2015.2. colcol| Link| Bookmark|
November 28, 2023 9:37:34 AM
Top Contributor (400+ Posts, 100+ Likes)
You are right. Some people also bought Tata Motors shares too late and still applied in SH category. I think only those who received emails confirming that they are eligible to apply in SH category will be eligible. That is the list against which the PAN numbers will be checked.
But for the Shareholders Category, they will use our PAN No to verify, right? Because I own Tata motors in my different account. But applied thru a different account, both owned by me.
2015.4. crsl| Link| Bookmark|
November 28, 2023 9:47:11 AM
IPO Mentor (600+ Posts, 300+ Likes)
100% FAKE NEWS
Total subscription of Emp cat = 75,02,010 shares i.e. total subscription Amount Rs. Rs. 375,10,05,300 /- (375 Cr)
From where u calculated 1,00,000 application in employees category For 1,00,000 applications with 1 lot only amount will be 150 Cr Do you think every employee apply only 1 or 2 lots
Employee can apply upto 5 lacs i.e. 33 lots in Emp Category.
2015.5. colcol| Link| Bookmark|
November 28, 2023 9:54:09 AM
Top Contributor (400+ Posts, 100+ Likes)
@Logy ji, The email to Tata Motors shareholder gives the reference of the DP account. So, it is possible that they will look at the combination of the account and PAN number. I am not sure of the exact process.
@crsl the number of applications in the employee category is indeed more than 1L. This has been confirmed from various local brokers as well. Please don’t call anybody FAKE until and unless you have the actual facts. Yes, employees can apply upto 5 lacs. But not everybody would be having that amount. More over, they would leverage by applying in other categories like shareholders too.
Mail received talks only about reservation for Tata Motors share holders. No such mail received in respect of other tata group shares. "Subject: Initial public offering (“IPO”) of equity shares of face value of Rs. 2 each (“Equity Shares”) by Tata Technologies Limited, subsidiary of Tata Motors Limited (“TML”/the “Company”) - Reservation for Eligible TML Shareholders (as defined below)"
2015.8. Basuvr| Link| Bookmark|
November 28, 2023 10:47:24 AM
IPO Guru (2000+ Posts, 1100+ Likes)
Looks like a fake message. Yes there will be rejections in Employee category but not >90% that is mentioned here. Thanks 🙏
I am keeping least expectation of allotment when it's oversubscribed IPO and registrar link in time.... I never get allotment even apply through 10 accounts
NEW DRHP: TBO TEK Limited DRHP filed with SEBI on 17th Nov, 2023.
Travel services provider TBO Tek Ltd. has filed DRHP with SEBI to raise funds through an IPO.
This public issue comprises fresh issue of equity shares of up to Rs. 400 crore and an offer for sale of 1.56 crore shares by promoters and existing share holders.
The company is one of the leading global travel and tourism distribution platforms, it simplifies the business of travel and tourism.
The presence of the company is spread across India and over 100 countries as of 30.06.23.
In my personal experience of investing in IPOs for more than 30 years I have not been lucky to get the allotment all these years. UsuaIly no allotment for highly oversubscribed issues. I Apply from 4 accounts and last allotment was SBI Cards. Already got all 4 refunds in IREDA (1 BHNI, 1 SHNI, 2 Retail). Hope with the wishes from forum members will be lucky this time and will get some allotments. Wish me luck. Thanks a lot.
2001.1. ValueSeeker| Link| Bookmark|
November 28, 2023 8:05:10 AM
IPO Guru (1500+ Posts, 600+ Likes)
Wish you best of luck, @Investor for Profit bhai. Wo subah kabhi to aayegi. But I would also suggest you to check KYC details in demat and bank accounts in case you haven't got a single allotment in some of those 4 accounts.
@ValueSeeker How to check the KYC if bank account as well as Demat account all other transactions are getting executed normally?
2001.4. ValueSeeker| Link| Bookmark|
November 28, 2023 8:31:18 AM
IPO Guru (1500+ Posts, 600+ Likes)
@Investor for Profit bhai, things can be different when you are buying or selling from portfolio, and when you are applying to an IPO. Generally, IPOs get oversubscribed, so they may be looking for any and every reason for technical rejection (like name mismatch, spelling mismatch, etc.) I mean, there's no harm trying to check if a particular account has got NO allotment in 30 yrs. It is the logical thing to do.
@Investor for Profit. Dear sir since corona people attracted towards share market and investors numbers manifold . Better apply good issues with BHN 10 lacs and if not allotted apply another one till you get succeed. Mean while few accounts minimum one lot retail. 🙏
@ValueSeeker In case of rejection, one should not get non-allocation mail/msg, right? Jst clarifying as i am also in same boat.
2000. Basuvr| Link| Bookmark|
November 28, 2023 7:52:49 AM
IPO Guru (2000+ Posts, 1100+ Likes)
हे भगवन आज सब मेंबर्स को अल्लोत्मेंट देके खुश करना 🙏 बस शुरुवात मुझसे करना मत भूलना 🙂
Linkintime has never allotted me in any oversubscribed IPO in last 3 years and unfortunately all IPOs are with Linkintime today, hope the record breaks today. 🙏
It’s only a coincidence, nothing else. Yes, hopefully you are getting an allotment today. God blesses you with all the best.
2000.2. Palka| Link| Bookmark|
November 28, 2023 8:04:49 AM
IPO Mentor (1000+ Posts, 200+ Likes)
LINKINTIME is biased. Never got any allotment in reasonably subscribed IPO... Even got NIL allotment in IREDA out of three applications. Hope, this time jinx will break. Hope, everyone get his/her share of allotment on the basis of number of application applied versus allotment ratio. Thanks