Venus Pipes & Tubes Limited IPO Message Board (Page 11)

Yes I am using my PNB Net Banking and made application in my Mom's Name

Applied1 BHNI and 6 SHNI

Qualified Institutional Buyers (QIBs)      7.83
Non Institutional Investors(NII)      11.67
Retail Individual Investors (RIIs)      16.77
Total      13.12

I am not seeing this one in Axis bank? any help on this?

Why the figures of subscription is different between Admin and IPO Grus.

@venki g - After cut off it would not show in the list any more. it already above 3 and most of bank would have stop showing this ipo now.

@PKRAJ - There are sometime technical glitches. No one can be blamed for that.

Qualified Institutional Buyers (QIBs)      8.8
Non Institutional Investors(NII)      13.58
Retail Individual Investors (RIIs)      17.54
Total      14.19

ICICIDirect rescheduled the cutoff to 4:15 p,m so it sure for retail.

Has anybody tried or can confirm if sHNI / bHNI still apply till 4:15 in ICICIDirect???

Sir,
Source..?

@Avenue ,
Yes, ICICIDirect extended the cutoff time to 4:15 PM.

@avenue - I havent.
{previously when icici change time to 4.30, it still kept HNI as 3 so not sure.

If I apply in BHNI category for 67 lots amounts to 1004732 and if the HNI subscription becomes 70x, then what would be the minimum allotment? Will it be same as SHNI limit of 14 lots or BHNI of 66 lots? Please clarity

@ Imhilli

In my understanding even where new HNI / NII rules is applicable, For VHNI (above Rs10 L bidders), the minimum lot will be the 2L above lot (not 10L abovelot) and surplus will be proportinately distributed.

Minimum bid lot / Minimum application size is Rs 2L + lot for NII category (Both for SHNI & BHNI)

So both for Small HNI & Very HNI bidders, minimum lot is just 2L above. (for non institution bidders category)
So the VHNI will not get minimum allotment in 10L + lot

@suneel

which broker allows allows shni category through upi?

Applied through HDFC Securities. First time I applied in UPI, haven't got mandate yet to Google Pay.

Got Google Pay notification from Venus. Mandate should be approved by 17th May 12PM, could be due to bank holiday on Monday.

After 3pm on the closing day of ipo, we can’t see to apply thru ASBA.

3pm is the cutoff time