Retail category - it quite unlikely one will get allotment if they applied for just 1 or 2 lots (i.e. 400 or 800 shares). Guess preference of allotment is based on highest priority to full application (5200 shares) and lowest priority of 1 lot (400 shares application). Have applied 5200 and got 400 shares.
Wrong assumption. All have equal preference to get allotment whether one or full. Only difference is that there is hell number of application around 95-97% in one lot category where as in full lot application it is only 2-3%.
I doubt all retail applications will have equal preference irrespective of their application size (especially when the retail category is oversubscribed). can someone point me to karvy/Ujjivan bank site where it will show basis of allotment.
@PSSR, you can see basis of allotment when it will be publicly out. Even chittorgarh shows basis of allotment on its allotment tab. You may refer it after some days.
Application number GC57622****** Symbol UJJIVANSFB Demat account number 1208160****** (CDSL) Bid quantity/price 5200/CutOff Price Blocked amount 192400 UPI ID HOW IS POSSIBLE MY PAN IS NOT FOUND
954.5. crsl| Link| Bookmark|
December 10, 2019 10:58:20 AM
IPO Mentor (600+ Posts, 300+ Likes)
SUBMITTED FROM ZERODHA & UPI
APPLICATION MUST BE REJECTED
MY RETAIL APPL ALSO REJECTED WHICH SUBM FROM ZERODHA ALLOTTED IN SH QUOTA SUBM FROM ICICIDIRECT
you can download k prisam app and check. u hv any way given pan in open forum . give complete Application no will check with that . Use ASBA instead of uPI ID
My personal views after applying more than 5 IPOs as a retailer never ever got any shares. So it clear that you wont get shares allotment if you apply ! Only 1% chances of getting out of 1000. It's completely time waste process , money blocking , money refund time waste and they don't even give u interest for the money they holded ..finally u will get zero credits !
Funny thing is I applied this IPO at 10:03 am on Dec 2nd opening day and IPO was started at 10:00 am as mentioned by AxisDirect still not get any shares.
Wrong assumption. You will get interest on money on hold. The money always remains in your account which earns interest as per you bank's saving account interest rate.
952.4. luckyboy| Link| Bookmark|
December 10, 2019 10:45:25 AM
IPO Mentor (1200+ Posts, 400+ Likes)
sahi kaha allotment nahi lagta jyada kisiko. ujjivan 13/0 csb 07/ 0 total waste of time.........
You are never denied interest on the money blocked by ASBA, no worries about that, just try better you would get allotment one day.
952.6. MITTAL| Link| Bookmark|
December 10, 2019 10:56:58 AM
IPO Mentor (700+ Posts, 1200+ Likes)
अँगूर खट्टे हैं।अपना अपना अनुभव है ,मुझे हमेशा शेयर अलाट होते है । मेरे परिवार मे दस सदस्य हैं मै सबकी एप्लीकेशन लगता हूँ और शेयर आते हैं ।बैंक से ज्यादा ब्याज छूटता है।शेयर वही लगता हूँ जिसका ग्रे मार्केट ३०%से ज्यादा हो
i will request you to mail registrar regarding rejection of application . in my case i was applying with wrong detail . after their mail i corrected my mail. in my case i was putting wrong dp number ( one zero less ) .you also mail and ask for reason.