653.1. Eagleye| Link| Bookmark|
April 29, 2016 3:12:53 PM
IPO Guru (6600+ Posts, 21900+ Likes)
That might be your bank''s cut off time for you ... it is not the deadline set by the stock exchanges ... BSE & NSE accept applications for RII upto 7pm
Dear Eagleye, If I apply in 13 lots at Cut Off in Thyrocare, to utilize the full Retail Allowance of Rs. 2 L, will I have preference in allotment over a person who has applied only 1 lot? Thank you.
648.1. Venkatram| Link| Bookmark|
April 29, 2016 2:52:37 PM
Top Contributor (300+ Posts, 100+ Likes)
As far as I know your preference will be same as that of the person with 1 lot. Since entire allotment is application based. So you have no advantage.
From what I know, first 1 lot each for unique customers is allotted first. And then filling is done. So the benefit is if you can apply for 1 lot from different accounts.