it will take time only in heavily subscribed ipo for allotment setting.
429.4. Smile.| Link| Bookmark|
December 7, 2022 2:16:20 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Dharmraj small hence linkintime This is quite big issue with decent subscription so linkintime will stick to reputation. Bank message is better than clicking link.
Of topic one question if anyone can reply. Is it the possibility to put other persons upi address when applying IPO? in other words, How to know that the UPI collect request I received is raised by me or anyone else, who might be trying to do a fraud? We may approve fund thinking that it is my request, while It might have been raised by other persons who knows my UPI address?
427.1. Learner SK| Link| Bookmark|
December 7, 2022 11:07:24 AM
Top Contributor (1000+ Posts, 200+ Likes)
Answer to Q 1 is yes. Answer to Q 2 is - I am not sure if mandate received by you has a mandate or application reference. I think it must have. So before accepting the mandate, the acceptor must check the application ref. Btw, good observation.
427.2. UjwalG| Link| Bookmark|
December 7, 2022 11:29:43 AM
IPO Guru (1300+ Posts, 600+ Likes)
Manmohan ji, whenever applying ipo, we receive upi mandate from lead manager ,in uniparts it was axis bank. Also you can see the company name before entering the upi pin. Upi address itself contains company name. So fraud happening in this case is zero i feel
@Learner_SK, Thanks for replying. I never check what message I am getting except IPO amount, when approving UPI request. Certainly will check in future and request to all to check. This thought came into my mind today and searched everywhere for any possible answer. Are you sure or check ever that we get some reference to become sure that I am accepting only my IPO request and not of others.
Write to your bank's ASBA department regarding the omission. Ask for compensation. Lodge online complaint with SEBI - Scores (also notify BSE, the registrar and the issue managers) if the bank doesn't respond positively.
I did this once, (with HDFC Bank) but received only Rs. 330 as compensation.
417. Student.| Link| Bookmark|
December 6, 2022 11:37:59 PM
Top Contributor (400+ Posts, 200+ Likes)
Hope Tomorrow RBI Hikes Intrest Rates More Than Anticipated ... Cause I'm Short and Stucked on USDINR 83CE😬
417.1. Ankur Goel| Link| Bookmark|
December 7, 2022 12:14:54 AM
IPO Guru (1300+ Posts, 600+ Likes)
How is rate hike related to usdinr. Will you please elaborate relation between two. I saw usdinr increasing for 2-3 days ans I am hoping it will touch 83 this week.
416. MAMU| Link| Bookmark|
December 6, 2022 10:19:46 PM
IPO Guru (2000+ Posts, 1200+ Likes)
414. CoolAsh| Link| Bookmark|
December 6, 2022 8:27:50 PM
Top Contributor (700+ Posts, 100+ Likes)
I have a feeling that this will list with a modest premium, maybe 5-7% but could be a good bet for the long term. Something similar to Sansera though Sansera has struggled for longer
@Cautious ProPrio Don't know about other categories but in retail category there is no fraud and if you think there is fraud then stop applying in IPOs. You have IPO guru tag such nonsense doesn't suits you please take it in positive way All the best
If SHNI allotment ratio would be 1: 14 means one out of 14 will get 14 lots or one lot? I am asking the question as minimum lot size for SHNI is 14 lot and SHNI oversubscribed by 14.65 times
411.1. jay here| Link| Bookmark|
December 5, 2022 8:26:31 PM
IPO Mentor (800+ Posts, 700+ Likes)
One will get either 14 or 0. Doesnt matter whether subscription is 10/15/25/30/70x(any) minimum allotment in shni category is 14 lots.