It happens once in a while. You have few options. 1.Wait for mandate. 2.Reapply but ensure not to approve the previous mandate. 3.Choose ASBA mode to reapply and ignore UPI mandates All the Best 👍
39. G profit| Link| Bookmark|
February 13, 2024 4:03:15 PM
IPO Mentor (1200+ Posts, 300+ Likes)
Opening day subscription numbers are really good. Hope subscription figures will rock on closing day.
39.1. UjwalG| Link| Bookmark|
February 13, 2024 5:24:40 PM
IPO Guru (1300+ Posts, 600+ Likes)
Yes, issue will get super heavy oversubscribed. It is rather a very small issue and GMP is exciting too. Let's see what figures it reach to rock on final day.
Any subscribed issue beyond the allocated quota has that zone. Here, issue size is very small and heavy subscription is expected, that zone will be quite large. Few lucky ones will get allocation. Keep trying. All the Best 👍
Company has to raise funds, it does not matter what times oversubscription happens. Secondly 100% underwriting condition is relaxed in case of main board issue.
The only IPO that was allocated to me is LIC that too 1 retail category. Before that and after that I haven't got any IPO allocated. Am I doing something wrong? Even Jana Bank IPO was not allocated to me even if I applied and successfully accepted the UPI Mandate within the 1st hour of bidding start date.
35.1. Paymzia| Link| Bookmark|
February 13, 2024 2:39:46 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Open accounts with family and friends and apply then only you get something otherwise nothing One think to remember you must see nowadays subscription numbers are increasing all are aware of the IPOs So better to open account with friends and family better chance of allotment . With one account we don't expect allotment . Luck luck luck Thats it
@Prithviraj Sahoo Who told you that chances are more on applying early. IPO genereally is opened for three days. Those who apply in last hour of third day have equal chances of allotment v/s those who apply on first hour of first day. Allocation for oversubscribed issues is through lottery Keep applying. All the Best 👍
Thanks for the replies. I do have demat accounts opened for my wife and sister. Also tried applying 1 retail unit in every IPO since I can afford maximum 2-3 units. I never get allocated. Anyways it seems it’s all about luck! I shall stick with buying stocks directly way!
It doesn't matter when we apply, on the first hour of first day or the last hour of last day. If it's oversubscribed it's purely luck. My last allotment was way back in 2022. I applied with just one pan and one lot in jana and got allotment. I applied with 7 pans in rashi and didn't get any allotment. It's just purely luck.
35.7. IPOTraders| Link| Bookmark|
February 14, 2024 7:19:26 AM
IPO Mentor (800+ Posts, 400+ Likes)
@Prithviraj Sahoo Have you applied Mankind / Honasa. If applied in these and not allotted, then only you can say something problem in your process. PS- I consider you as a retail applicant.
After allotment is out u check on registrar website. It shows securities applied (number of shares), bid price, securities allotted 0. If it shows correct information with correct spelling of your name then u can assume that your application was considered in lottery but u didn't get allotment. If your money is released on the last day of application or next day morning u can conclude that your application has been rejected. Also check email and SMS message does it state that your application has been rejected?
@Prithviraj Sahoo As you said, you haven't applied Mankind/Honasa, it means you are too much choosey. That's the problem, at least mankind was a must apply candidate. To increase your allotment chances, you have to apply almost all IPO (ignore Epack/capital SFB type, very low/negative GMP), as well as apply from multiple demat (different persons) accounts. Rest leave on your luck.
34. Nifty Singh| Link| Bookmark|
February 13, 2024 6:38:48 AM
Top Contributor (200+ Posts, 100+ Likes)
Dear all, after update bhim app not working in my iPhone. Can we block ASBA mandate in phonepay or Google pay for IPO just like bhim. I can't see IPO option in phonepay and Google pay. Kindly show a path.
Yes, you can use either of them. You need to provide the upi id of phone pe or gpay ( the one that you want to use). Generally, you will get a pop up in the app itself once the request is trigerred. st is received.
@Nifty Singh You can apply through your broker with UPI option and give gpay or phonepay upi id there, you will get notification in gpay/phonepay. You can approve the mandate there..done.
In mainboard IPO there is no extra advantage in single application of more than minimum lot or lots in retail, SNII or BNII category if that category is oversubscribed APPLICATION WISE. If you apply in retail category apply for one lot only. Better apply 14 lots in SNII category. In SNII category if allotted u will get 14 lots
je account ma park hotel + rashi allot thaya ej account ma vibhor shni or bhni bharo.. ane pa6i pan fund vadhare hoy to evu account target karo jema ghana time thi nathi lagto ipo. baki na accounto ma fund bache etlu devide karo...
maru suggestion vada ne 1st priority malse allotment ma... ( jo amuk pantarya nu setting nai hoy to )
maru research allotment ma 92 % sachu paydu chhe.... ghanu badhu hu share nai kari saku pan amuk amuk time pinch karis... sadi bhasa ma koi maal ipo hoy ane kharab ipo hoy ane tyare kayi app vechai ke kayi nai e babate 92 % success ration chhe. aam to 100% j chhe pan allotment ma setting bov ucha paye thai e jarak problem kare... baki je jagiya e manas no hastakshep nai hoy... " waha hum first hum first " .
Now this is a company you can apply without doubts or fear. Small issue size, good valuation. Employee subscription is over 9 times as of now, that by itself says employees trust the company. Retail and HNI categories oversubscribed within an hour, even QIBs started on the first hour. If I get allotment here, I'm changing my username.
"भाव विभोर" शब्द हिंदी में "भावनाओं की भरमार" का अर्थ होता है। यह एक व्यक्ति या स्थिति के साथ विभिन्न भावनाओं की विविधता को दर्शाता है, जैसे कि उत्साह, दुख, प्रसन्नता, चिंता, और अत्याधिक उत्साह आदि। इस शब्द का उपयोग अक्सर किसी व्यक्ति या चीज़ के मन की विभिन्न अवस्थाओं या भावों को वर्णित करने के लिए किया जाता है।
24.4. Chhote Lal| Link| Bookmark|
February 13, 2024 9:52:03 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
24.6. Chhote Lal| Link| Bookmark|
February 13, 2024 10:32:16 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@Tejas Pandya Ha ha ha, Yes, why just depend on Google you have bing, startpage, duckduckgo, brave, swisscows, qwant, gibiru, perplexity AI, dogpile, ikoru and many other apart other AI platforms in this digital era 😜
Aap ,"bhav-vibhorit" hi rahiye! તમારા ભવિષ્યના પ્રયત્નો માટે તમને શુભેચ્છા પાઠવું છું 👍
Off the topic but might be helpful to many.. Which bank provide ASBA facilities for minor account so that i can apply from his name/PAN??
23.1. sashah| Link| Bookmark|
February 12, 2024 2:03:59 PM
Top Contributor (400+ Posts, 100+ Likes)
@Mksipoinvest i have minor account with HDFC with my minor daughter PAN mapped to it. I can apply in IPO through ASBA by login from the parent HDFC netbanking.
22. Heathslayer| Link| Bookmark|
February 12, 2024 11:50:43 AM
Top Contributor (300+ Posts, 100+ Likes)
Ipo opening tomorrow and number of share not updated yet anywhere.