1.If I buy 1 tata motors share today to be eligible in shareholder’s quota. 2. Can I apply for both shareholder quota and normal retail quota. Thanks in advance 😊😊
266.2. RoK| Link| Bookmark|
October 4, 2023 10:17:19 AM
(200+ Posts)
Thanks, I didn't knew about this. In share holders quota, does the number of shares held in Tata Motors affects the allotment chances in Tata Technologies?
266.3. Jetha Lal| Link| Bookmark|
October 4, 2023 10:25:43 AM
IPO Guru (1000+ Posts, 2100+ Likes)
@RoK Ji, You only need to have 1 Qty in your portfolio to reap benefits of being shareholder:)
266.4. RoK| Link| Bookmark|
October 4, 2023 11:10:07 AM
(200+ Posts)
@Jetha Lal Ji, thank you!🙂
266.5. Ananda K| Link| Bookmark|
October 4, 2023 11:15:31 AM
IPO Mentor (500+ Posts, 200+ Likes)
Do we need to have only Tata Motors share or any other Tata Group shares for Shareholders Quota like TataCoffee, TataSteel, TataChem etc?
266.6. Jetha Lal| Link| Bookmark|
October 4, 2023 11:23:33 AM
IPO Guru (1000+ Posts, 2100+ Likes)
@Ananda K Ji, Only Tata Motors because Tata technologies is subsidiary company of Tata motors.
@Jetha Lal Sir can I get allotment in both SH and Shni categories if I applied in both applications? Is There any chance of rejection in applications?
@Jetha Lal It is clear that we can apply both in retail and SH categories. Does that mean I can get allotment in both retail as well as SH categories, if I be lucky or if I am alloted in either category then my other application will not be alloted since PAN is same. Please clarify. Your reply is always appreciated. Thanks.
@Sunnyboy It is clearly mentioned in point 3 on Page 9 of the addendum DRHP. Yes, you may get lucky in both categories, and then will get allotted according to the respective BOA of both categories. It will not be considered as double application.
@rahulkrjain Yes sir, you can buy tomorrow also. RHP filing date is the cut off, at least 1 share should be in your demat account on that day. And companies generally don't announce it in advance. They announce after filing. But it won't happen tomorrow for sure.