My application status on Axis Bank portal shows 'Blocked'. Usually in other applications the status shows 'The Application has been accepted by exchange'. To add to the surprise, the blocked money is released by the bank. Very strange!
Kya baat hai super fast allotment by bigshare creating new history in 2 days n best of luck to all allottees as this time i am also the lucky one to be alloteed 1 out of 3 retail.
I have one question from you all and I am asking this question because I have never been allotted any share besides applying for the IPO in SME segment for the past 1.5 years.
The question is this that "Does applying more than 1 lot in retail category increase your chances for the allotment and Can I even do that with just one account from HDFC securities? For example in this IPO detail, in the information column, it is written that one can apply for minimum or maximum for just 1 lot but I am reading reviews here from your side or from others as well that they apply for approximately 3, 4, 5 or even 20 lots sometimes.
If u apply for one lot you will b consider as a retailers.. and above one lot you will come under hni category. Hnis most of the times have higher chances of allotment if u had applied a big application of number of lots... Usually 40-50 lots...fetch u one lot allotment in hni category.
Thank you very much for the information. So, instead of applying the IPO under retail category for just 1 lot, I should go for 10 lots under HNI category as I have the investment amount of just 10-11 lakhs rupees only with me. Am I right Sir?
80.3. lokes| Link| Bookmark|
September 21, 2022 2:40:33 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ajay: yes you can go with 10 lots in HNI category instead of 1 lot in retail.... and in ipos like this one where subscription is 5X approx in both categories, there u will surely be allotted in HNI category and retail category also has better chances here than heavily subscribed ones....only thing is in these avg. ipos with avg. subscriptions, some may list little positive and some with negative gains also and some with good gains too....