Hello experts, I have budget to apply 200x in HNI category for Tatva Chintan IPO Do i have chance of any allocation if NII category subscribed 400x ? will it be 0% chance or lottery ?
247.1. P Patel| Link| Bookmark|
July 19, 2021 11:32:37 PM
IPO Mentor (900+ Posts, 900+ Likes)
If you apply 200 lots and subscription in NII at 400x then you have 50% chance to get allotment of 1 lot.
Can i apply in NII category along with RII category together through same PAN ? actually i had applied in RII category earlier now want to apply in NII category also but not sure whether both applications will be accepted or both will be cancelled.
Thanks in advance for all your valuable guidance.
Regards
245.1. P Patel| Link| Bookmark|
July 19, 2021 11:30:15 PM
IPO Mentor (900+ Posts, 900+ Likes)
BIG NO.
Either of one, NII or RII. If apply in both category, both application will be rejected.
For axis bank, applied in RII category, enter share quantity in multiple of lots and places price as bid prices(max price).this will work as HNi if total application value is greater then 2 lakhs rupees. I have used this.
Out of the box I want to open Dmat account for my minor daughter. Pls suggest the banks which provide internet banking facility and good Dmat service provider Thank you in advance
Dear DBJ GR and Clean both will test 2000 You may book profit 50% on listing and balance hold for target 2000 Kims also will test 2000 in 2022. Long list is there Happiest, CDSL also test 2000
235.3. lokes| Link| Bookmark|
July 19, 2021 5:44:44 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@sonal: since i can apply max 290-300 lots in hni :) so that i can get 1 lot for sure
235.4. Haar Jeet| Link| Bookmark|
July 19, 2021 6:09:39 PM
Top Contributor (300+ Posts, 200+ Likes)
Lot se kya lena dena 300 lot apply karoge 400× subscribe hoga to 10 share milenge.
235.5. lokes| Link| Bookmark|
July 19, 2021 6:31:31 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@haar jeet: baaki comments padha karo yar jisse pata lage kuch...
minimum one lot allotment hota hai in hni category, after that its proportionate basis and 1 lot guranteed allotment k lie we need to apply for same/more number of lots as number of times hni category is oversubscribed .....else if we apply for less lots then it will be lottery
400x crazy... HNIs applying 56Lakhs to get confirmed one lot of 14k price to earn 14k on day 1...what if many buyers back out to buy on listing and IPO opens at only 200-400 GMP. Didn''t get the logic of HNIs putting so much money ..
I hv submitted my bid with sbi asba in Saturday....till now while checking the bid status with exchange it shows no record found....i guess again the same thing will happen as it happened in clean science and g r infra......