I have applied this ipo, money also blocked but no sms or email plz help wat could be the reason,I applied by asba.my bank asba showing my application but y no sms?
As Greater Fool Theory plays out in IPO mart; bulls charge everywhere.
This trend holds true for both retail and institutional investors as well when they pursue IPOs for ‘listing gains’ confident in their belief that they will find someone who will be willing to pay a premium post listing. This vicious cycle, called the ‘Greater Fool Theory’, implies that people are able to sell at inflated values as long as there is someone willing to buy at an even higher price (the greater fool). This cycle continues as long as willing participants continue to pump money into stocks.
181. Bullish| Link| Bookmark|
July 18, 2021 7:32:57 AM
IPO Mentor (900+ Posts, 600+ Likes)
I have observed that abhi thoda listing pattern change hua he pehle listing double hota tha phir thoda upar niche ja k stable hota tha but abhi janbuj k listing low karte he aur retailers ka maal Khalid lete he so keep some patience atleast 2 3 days so you will get actual listing gain
Can someone help in understanding employee category ipo subscription..say ipo oversubscribed will the allotment to employee category will be lottery system and alloted with minimum lot applied or based on proportionate allocation..
180.1. P Patel| Link| Bookmark|
July 17, 2021 9:03:34 PM
IPO Mentor (900+ Posts, 900+ Likes)
Normally company calculated employee portion so that every employee will get one or few lots. So allotment done so that every employee get minimum 1 lot. Excess will be distributed proportionately within the employees application.
Thanks for the clarification, Patel ji. I am looking forward for applying collaboration with my friend who is working in glenmark..hopefully Glenmark will get into ipo soon either ipo category...
Respected sir, First time my clean Science application reject from ASBA, I also applied from long time... What wii be Reason? Please guide... Lein amount status successfully... How my application reject.. Please guide. Thanks in advance
@ M R Shah ...This happened with two of my applications (2 accepted) through icicidirect. I took it up with them only to be quite impolitely conveyed that the fault is mine. Later, I applied for Zomato which is successful.
What is the basis of allotment on HNI category for an Individual. Many places on the net they are saying it is on proportionate basis but I didnt get anything allotted in clean science. So is it on lottery basis even in HNI category?
HNI category also there is a lottery system till the no of times oversubscription figure and latter on it is on proportionate basis
For eg 1.if you have applied for 400 lots and issue is oversubscribed 400 times than you will get confirmed 1 lot 2.If you have applied for 200 lots and issue is oversubscribed 400 times there will be lottery system and you stand 50% chance to get 1 lot 3.If you have applied for 600 lots and issue is oversubscribed 400 times you will get 1.5 lots confirmed
Wanted to ask 1 question for quite some days. Why the costing to retail is there..as retail applies through ASBA/UPI where money only blocks for sometime, but saving bank interest keeps on accruing . please let me know if i am missing something.
I want to open minor demat account. Child aadhar is linked with mother. Is it possible for father to become the natural guardian of the demat account ?
As per CHILD PAN Card you can open demat account, first open child bank account then only broker will entertain you. Guardian could be any one father or mother only you to produce proper documents
Tangent question. What''s the easy way to transfer shares from ICICI demat to Zerodha demat. . As soon as I say transfer, ICICI customer service goes into hibernation.
172.1. Grow India| Link| Bookmark|
July 17, 2021 3:32:55 PM
Top Contributor (300+ Posts, 100+ Likes)
Put a email to icici regarding shifting of securities in another Demat account they will send you form and send filled form to icici and securities will be shift. This is offline process
If you want online then also mention in email for process of online shifting of securities they will tell you if available.