Dear JFJXXXXX6D IPO Tatva Chintan Pharma Chem Limited : App no....... UPI ID ..........@.... for Rs 14079.00 received. Please check for UPI-Mandate collect request for blocking of funds- NSEIL(Bhai ye SMS Aya AUR paisa ACC me se cut hogay)
136.3. DBJ| Link| Bookmark|
July 16, 2021 6:11:26 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Thanks a lot Sir, Very well sir, already applied today from all accounts.
Rajakumar Sir, what is the strategy on CLEAN? book profit in listing or hold for sometime? GRIL got only 1 lot so keeping this for a few months. Your KIMS & SONA suggestions really helped to earn a handsome amount with sure allotment.
Starting from December 2020 till now I have invested in 15 different IPOs and have not received even a single allotment. Starting to feel that there is something really fishy with zerodha kite
allotment in retail category is on lottery basis if it gets oversubscribed . it is always per application basis unlike in NII/QIB u can buy good quality shares in secondary market which could give 20% returns
3rd party rejections are a myth, i have been allotted IPOs in 3rd party applications by kfintech and linkintime as well. The registrar is only concerned with no. Of application by an applicant that should be 1 ( no. Of lots don''t matter in oversubscription) from 1 PAN with 1 Demat. In ASBA NET BANKING IT DOESN''T MATTER WHERE THE PAYMENT COMES FROM UNLESS IT VIOLATES THE ABOVE CRITERIA. AGAIN 1 PAN + 1 DEMAT + 1 APPLICATION .
BUT FOR UPI asba. 1 PAN + 1 DEMAT + 1 APPLICATION + 1 UPI ID
I am applied for ipo from zerodha app . After 1 hour i cancelled the request but received mandate request some time ago and approve same . Amount got blocked . How much time to take amount unblock . As discussed with zerodha customer care said that Application for ipo cancelled. Please help how much time take to unblock amt .
Now only the unblocking will be with the registrar. Means you will have to wait till the day of allotment and refund to get unblocked. The block will get unlocked automatically once it find no successful application linked to the same. Better to wait.
131. sree vas| Link| Bookmark|
July 16, 2021 5:02:20 PM
Top Contributor (500+ Posts, 100+ Likes)
Surprised to see QIB''s starting on day 1 these days & even NII''s
Retailers are going like mad after this ipo, looks like it will be oversubscribed by 50 time in retail category... so NII category will have better chance to get allotment rather retail section
129.1. DuckEye| Link| Bookmark|
July 16, 2021 4:15:20 PM
Top Contributor (200+ Posts, 200+ Likes)
NO, it is not surprising that it will be highly over-subscribing. On an avg. any company have IPO size of around 1200cr, but this company is coming with 475cr only. This is small size issue, hence it will see high subscriptiion in all categories. If other IPO subscription in retail remails in 10x range, so here it will be 30x with same amount of money.
My estimation is in retail subscribtion will be 30-35x. In HNI it will be 350-400x. And in QIB 200-250x.
Can I apply IPO of my family members(different demat & PAN) using single account? SBI ASBA provides facility that I can apply multiple IPO application of different demat accounts, I am not sure whether those will be rejected if I do so. Please help.