Can someone please help me with this. On my ASBA application page, it says "Application Rejected by RTA". However my bank told me that your application was valid but was not selected in the IPO lottery.
Can anyone please provide more info on what "Application Rejected by RTA" means ?
For all those who applied for 70 shares i.e. one lot the basis was 119:360 allotted 70. For the rest of applicants who applied from 140 shares to 910 shares the basis was 39:118 allotted 70 shares. So effectively when the issue is oversubscribed more than one time in terms of number of applicants then its better to apply for the minimum lot size.
No allotment for me Ujjivan now can i buy n sell on listing day from secondary market OR I have to sell after shares are credited to my demat ac pls clarify
When u sell in intraday u must cover[buy] ur position before 3.20pm,whatever ur hand profit/loss,play safe with put stoploss,listingday stock beheve very high voilatity
Applied for 4 Lots in each thyrocare n ujjivan but 0 Allotment in both. bad luck now i want to know that can i buy the shares on listing day from secondary market n book profit on the very same day for both share? is it possible ?
UJJIVAN ALLOTMENT HAS STARTED. I GOT 1 ALLOTMENT OUT OF 3 APPLICATION. AMOUNT IS DEBITED FROM MY ACCOUNT FOR ALLOTMENT AND ALSO RELEASED FOR NON-ALLOTMENT.