331. abc xyz| Link| Bookmark|
July 18, 2023 4:03:17 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Most of us are eagerly waiting for the allotment/ refund of Utkarsh Small Bank. We all strongly believe / want to subscribe the Netweb Technology ipo without fail. There is nothing wrong in it. We all may participate in this ipo. But I think completely different and my thinking is very much different from others.
Right from the beginning it was clear that the fund of USBFB will not be utilized for Netweb. Hence I have decided to plan accordingly. Instead of applying 6 BHNI applications in USFB, I have applied only 4 SHNIs & 2 BHNIs applications in this ipo. Thus saved money for Netweb Technology. Now I will be able to apply 6 BHNIs applications in Netweb Technology without touching the fund of USFB.
We have to understand that we can't change the system / organization. We can't fight with our luck. If something is meant for us it will be given / rewarded by the Supermighty God ( any how) but it something is not written for us , we can't achieve it by numbers of efforts / any help from others. In short we can't change the winds of Luck, but sometime we have to accept it happily / sadly. It doesn't mean that we shouldn't try for it. But believe in the God and respect it's instructions.
Supposing that if USFB fund releases today night and money gets cridted in your account and you have applied the NETWEB ipo , even though if Supermighty God / your luck don't favour you, you will not get the allotment. So we can't change our luck . Hence I always respect the instructions of the super power and accept it's decision happily and plans accordingly. Netweb is not the last one, many others will follow the path and will choose another one. If one door closes for us the next door will get opened and we may try for it.
331.2. MVP| Link| Bookmark|
July 18, 2023 4:23:32 PM
IPO Guru (1400+ Posts, 1000+ Likes)
Righyly said.
Yahi samay hota hai thoda bahot smartly apply kar ke apne luck ko badhane ka. Yaha bhi sara fund available ho to wahi block and unblock wala game hoga. Warna kayi log hai jinhe salo tak koi allotment nahi milta, aise clash me shayad kuchh mil jaye. Kisi ko Utkarsh mile, kisi ko Netweb. Sab khush rahe.
331.3. jajo| Link| Bookmark|
July 18, 2023 11:24:30 PM
Top Contributor (300+ Posts, 200+ Likes)
@abc xyz You have clearly explained in a philosophical way that what is in store for us which we cannot change without God's will.
Regarding REDTAPE Limited: Whole time director of RedTape resigned and Vice president of the company elevated to this position. Also, Company Secretary and Compliance Officer also resigned. This information is based on the RedTape meeting held on July 17, 2023.
My hope and intuition is that Ahasolar SME IPO allotment was done yesterday by Kfin so that Utkarsh can be done today, and funds may get available in time for Netweb. Let's hope.
@ValueSeeker , AhaSolar was a BSE IPO. So, only one exchange has to approve the basic of allotment. In case of Utkarsh both BSE and NSE has to approve. So, it is less likely that the Utkarsh funds will be available in time for Netweb.
I had this inkling somehow. Kal Ahasolar aaya, matlab Kfin guys wanted to get today's day clear for Utkarsh. Ab bas Drone funds bhi kal release ho jaaye to we can go FF in Netweb and / or Asarfi.
In oversubscribed issues on Mainboard, any bid above Rs 10 lac is 1 entry in the lottery. Whether it is just above 10 lac or 20 lac or in crores, doesn't make any difference.
All useless and crazy ppl sitting for releasing the IPO dates. They should be immediately fired..They can easily give a gap between IPO's instead of that they are always creating conflict. for example now Utkarsh money cannot be utliized for Netweb.
I have sent a mail to utkarsh.ipo@kfintech.com , to prepone Basis Of Allotment by one day to 18 July, enabling us to use our refunds in Netweb IPO, if more such requests are made, there will definitely be pressure on registrar to comply. Request the needful.
Similar mail to linkintime , to postpone Netweb IPO closing date to 20th July may get the desired results. Thanks in advance to all those who make efforts.
The dates are fixed well in advance. No change is done by Registrar on request by investors. The cause is to apply in another IPO. Not a justified reason to request in my views. Even the Company will not hear also anything from investors, if requested to them. One has to search his own resources to apply in the IPO. I may be wrong in my views. BAAKI SABKA MAALIK EK HAI.
Thanks all for their efforts or commitments , I am not completely out of sync, as far as precedence is concerned , there are occasions where allotment was advanced to adjust competing issues ( time wise) on the top there is no harm in trying even if odds favourable are miniscule.
Registrar is here to do business not charity, if there is business reason then only early allotment. In both IPOs registrar is different so don't expect anything.
Thanks all for their efforts/messages. I have no such illusion that my / our mail convinced LM to hasten the process, but the incidence reaffirmed my belief that , Collective Prayers move Courts- confirmed precedence. Collective Prayers move god - matter of faith. and last Collective Prayers move registrars - evident from this incident.
Registrars are preparing for future as SEBI has mandated listing within 3 days. But many like me did not apply hni in Utkarsh , leaving funds for netweb. But calculation went wrong due to early allotment and unblocking.
@SANJEEV SOOD **JALI KO AAG KAHATE HAI, BUJHI KO RAAKH KAHATE HAI, JO IS RAAKH SE NIKLE, USE 'SANJEEV SOOD' KAHATE HAI** Jo Hua, kaise Hua aur Kyu Hua, but a good result. All the best.
Is this the first time IPOs are overlapping ? In stock market 5000+ companies trade do you able to make profit from every company ? Even if IPOs are not overlapping then everyone going to get allotment? If your luck favours than you will get allotment with 1 application also. "There is no space for regret and FOMO in stock market"