Is anybody able to apply in yes bank in both sh n bhni category? I am getting error in second application that - you have already applied for this ipo. SNY SOLUTION?
After this subscription of shareholders now how the lots will be distributed?pls guide me.I have applied from 2 shareholders account 13 lot each.pls experts reply
Yesterday on Date:23.11.2023 at 12:00 o'clock, I had applied TATA Tech in Retail category through BOB world application. But, due to error message I had applied two times and shown message of two applications submitted to exchanges. Now, I want to delete the same but while deleting there are error occurred and I can't delete/cancel my applications. My amount doesn't blocked till now. Also, I have tried for fresh application but still found error message as application already done on same PAN No. and you can't apply fresh application. I request senior/expert member to guide me to solve the issue. Thanking you.
@ashish.jain Thanks... I had got that shareholder mail but still got this 11th november record date mail as well creating doubt. Clarified now in a fresh communication by linkintime. The earlier mail was apparently misleading. Record date is 13th Nov end of day.
SEBI is drafting illogical rules, sometimes it appears they are moving 1step forward but two step backward. The change of rules from pro rata to lottery in HNI category was a step forward to curb manipulation but the allotment of 14 lots minimum in HNI category is a big backward step. This has resulted in one getting 14 lits and other 13 applicants 0. Moreover this allotment of 14 lots has made manipulations more rewarding. So if some RTA ir staff at RTA manipulate things as doubted always, it has become easy and lucrative. I feel all HNI applicants specially who have the capacity to write must write and petition to SEBI to reconsider this and reduce 14 lots allotment system to 1 or two lots. Moreover there should be different qty of allotment among SHNI & BHNI. Lastly the quota under HNI must be increased from 10+5 to 20+10 at least. Lets hope some of you will read this msg and write to SEBI Chairman.
1666. SONMAYA| Link| Bookmark|
November 24, 2023 11:11:19 AM
IPO Guru (1300+ Posts, 500+ Likes)
1666.1. Nothing New| Link| Bookmark|
November 24, 2023 11:22:03 AM
Top Contributor (600+ Posts, 100+ Likes)
Categorywise Tata?
1665. SONMAYA| Link| Bookmark|
November 24, 2023 11:04:29 AM
IPO Guru (1300+ Posts, 500+ Likes)
*TATA TEC*
Approx break up applications : @11.00pm As per NSE average
HNI above 10L - ~89,783(7.15x)
HNI 2-10L ~1,74,54(27.80x)
Retails - ~42,43,401(6.90x)
Shareholders - ~12,66,660
Employee - 99,416
*FLAIR*
Approx break up applications : @11.00am As per NSE average
HNI above 10L - 8,747(3.08x)
HNI 2-10L ~24,727(17.39x)
Retails - ~11,78,134(8.46x)
*GANDHAR*
Approx break up applications : @11.00am As per NSE average
HNI above 10L - 14,275(5.94x)
HNI 2-10L ~52,161(43.40x)
Retails - ~20,51,790(17.41x)
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November 24, 2023 11:21:09 AM
Top Contributor (300+ Posts, 100+ Likes)
Please include BSE as well, mostly application applied via CDSL.
1664. MVP| Link| Bookmark|
November 24, 2023 11:21:02 AM
IPO Guru (1400+ Posts, 1000+ Likes)
Heard few local companies in Ahemdabad area are giving money to their employees to apply in Tata Technologies IPO without any interest and charges. One of the reason we are seeing such high number of HNI applications.
i have applied 7 lot in SH and accordingly accepted mandate of 105000. but now i want to modify my ipo application and change lot from 7 to 13. if i modify lot size then new revised mandate will be of amount 195000 or (195000- previously blocked amount 105000)=90000 ?? plz reply me 🙏🙏🙏
I just saw your question on Protean page. Here's a link with more details on Ice Berg Algo. Many such algos are available at most investment banks for their institutional clients: