Definition of retailer is 1ipo,1 dp 1 pan. -- not more than 2 L(200000) in any circumstances at all So If u apply both retail and share holders or employees categories Your sum of applications amount not exceed 2 La..
No harit it's not correct. Please don't misguide people.
If you see in hdfc amc, retail were able to apply 1lot in retail category and 13 lots in share holders category. Total application value was more than rs 2 lakh. In hdfc amc condition was either retail application value or shareholders category should not exceed 2 lakh. That's why I told wait for more detail.
Hdfc 1 lot 13 shares (retail category), each share value was rs 1100, lot value rs 14300
13 lots (share holders category) rs 185900
Total retail application plus share holder application rs 200200. This was valid.
Rajkumar sir or anyone please guide me.i always apply for shares by offline process through bank.is there any another application form for shareholders catogery.i want to apply in both retail and shareholders catogery.. Plz guide me accordingly..thank you sir
55. Eagleye| Link| Bookmark|
November 24, 2019 2:37:34 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Shareholder quota is 52k application. First given to all valid application if 52k below received. Then excess shares given on proportionate basis. If above 52k application means then it will be lottery like retail quota.
Sir, Can you please reply for no 42. And in few of my accounts i bought the share on 21st and it is showing t1:1, does it mean iam eligible for the share holder quota or no ?
54.3. Earthking| Link| Bookmark|
November 23, 2019 10:36:27 AM
IPO Guru (1300+ Posts, 500+ Likes)
Dear Rajakumar Sir, Correct me if i am wrong shareholder quota is 120 cr , if we divide by 15k , we get 80k application ... so how come only 52k application ... have they reduced the size sir ????
Dear Earth Now issue is reduced to 1k Cr. and shareholder quota is 75 Cr. Hence only 52k application is elegible for allotment. It seems shareholder quota minimum lot will get or max 500 to 600 shares for 2 lakh application.
54.5. phrao| Link| Bookmark|
November 23, 2019 6:52:18 PM
Top Contributor (400+ Posts, 500+ Likes)
@Rajkumar So, applying one lot or fully 2Lac? Which one is better
54.6. AhireR| Link| Bookmark|
November 24, 2019 8:06:45 AM
IPO Mentor (800+ Posts, 1000+ Likes)
@rajkumar Where did u get the info about reduced shareholder quota?
Dear Second 1.You cannot. You can apply shareholder quota max 2 Lakh and retail quota. You cannot apply shareholder quota and hni quota. If you applies shareholder quota and hni quota then both bid will be rejected. 2. See 48 3.Minimum lot is enough in retail quota. Since it will be subscribe above 15 times. You can apply shareholder quota max 2lakh. Both application valid 4. Hni subscription book Arjun Patel is the best person to judge Hni book. It will be proportionate basis.
Hello everyone I have transferred 2 share of ujjivan finance from one dmat (NSDL) to my another family member's dmat (csdl) on 22/11/19.My one A/c has been debited around 5.30 eve but till now it is not credited in my another A/c. Experts pls confirm that I will be eligible for both A/c for applying shareholder quota .
This is not first time karvy is banned by sebi , last decade karvy was banned due garnering ratail quota of retail investor shares in ipo for near and dear one and only few investors alloted shares in any ipo like hcl tech,indiabull,sadbhav,.....karvy should be banned permanently.
Shareholder allotment is done on the following method. 1. All vaild application will be given minimum lot. 2. If excess shares available then it will be distributed proportionate basis.
44. Medge| Link| Bookmark|
November 23, 2019 9:14:54 AM
IPO Guru (1300+ Posts, 2000+ Likes)
Up to sept 2019 UFSL number of shareholders were around 78K
Before 22nd Nov count must go more higher.
If shareholders subscription quota gose more than 1 times application wise then which would be allocation ratio?
Rs 120 crore is reserved for share holders. So I guess share holders will get at least 1 lot.
43. Aniketiaf| Link| Bookmark|
November 22, 2019 6:11:29 AM
IPO Guru (1800+ Posts, 10200+ Likes)
One should must buy at least one share of Sbi to take advantage of shareholder category as SBI Cards is likely to file DRHP next week for about Rs 9,000 cr IPO. Thanks.
Dear @ small, Raj kumar, eagleeye, ahire, dinesh Good day Can you please confirm 1) if i can place one bid under share holders quota and other as HNI from same account? -No, as i heard max allotment for share holders is 2laks 2) is the allotment for shareholders proportionate or lottery 3) is it advisable to book for more than one lot as RRI or one lot is enough as it will be oversubscribed, as i have ten demat acc iam confused if i have to use money for HNI or as RRI. 4) Expected times of over subscription for HNI ? And as I understand HNI will be allotted on proportionate basis Will they consider total no of subscriptions for calculating proportions or only the HNI category?