Which bank allows HNI application after 3 pm? HDFC, Kotak, ICICI, Yes, Axis & most other banks close HNI by 3 pm & im still seeing HNI applications increasing :-)
IN SHARE HOLDER, ALLOTMENT ON PROPORTIONATE BASES.
I PERSONALLY FEEL, HERE ALSO LOTTERY SYSTEM LIKE RETAIL WILL BE IMPLEMENTED (LIKE SBICARD).
BEST LUCK TO ALL
1734.1. nileshkp| Link| Bookmark|
November 24, 2023 3:42:02 PM
Top Contributor (200+ Posts, 200+ Likes)
Yes but who applied for 13 lots have 1 preference to participate in lottry and current scenario of subcription to look only 13 lots applied people get allotment in Shareholder.
Proportional allotment in SH category..... For example If subscribed 39 times..... For all applying for 13 lots chances will be 13:39 i.e 1:3 For all applying for 1 lot chances will be 1:39 And so on....
@jiji, I think it is "basis of allotment" for share holders category. In share holder category the allotment is on proportionate basis. But here the subscription in SH category has crossed 28 times, so it will be interesting to see how the allotment will be done.
1726. pRACE| Link| Bookmark|
November 24, 2023 2:54:08 PM
Top Contributor (200+ Posts, 100+ Likes)
guys there are some post of IREDA page that third party applications are rejected and upi revoked, linkintime very fast, good thing is that money can be used in other ipo today.
1725. Sharvam| Link| Bookmark|
November 24, 2023 2:54:01 PM
IPO Guru (1300+ Posts, 800+ Likes)
Jishe ne bhi IREDA mein Sara paisa laga diya woh log abhi muskara rahein honge.....Bach gaye
1724. SONMAYA| Link| Bookmark|
November 24, 2023 2:51:53 PM
IPO Guru (1300+ Posts, 500+ Likes)
Breaking News
1,00,000 Crore ₹ Subscription Crossed in Tata Technologies IPO 💥
I can only apply for 1 lot, I am eligible for shareholder quota. But shareholder quota more subscribed than retail, So where should I apply? In TML shareholder quota or Retail.
Mene 2 demat different pan se SHARE HOLDER quota me 10 lot apply Kia hai muje chance kitna rahega allotment ka If subscribe below 30 times Kindly give some answer please
SEBI gave alert to registrar and bankers due to crowded IPOs: https://www.thehindubusinessline.com/markets/sebi-sounds-alarm-on-crowding-of-ipos/article67565926.ece
Ideally, there should be some systematic approach considering healthiness of all banks, demats, UPI, ASBA and registrars. I remember ICICI had glitch due to which some IPO disappeared and investors couldn't apply those. Ideally loss for us, i emailed to them and they said we can't bear those losses.
Today also many people are complaining the glitches. ICICI bank went down thrice in last 2 days. There is heavy traffic in all these integrated systems, if any major issue in particular bank then that particular bank won't extend the IPO and every account holder will suffer.