Dear members, Has anyone applied via ASBA and given the DPID of Groww. How is the experience of selling shares on Groww if the shares are allocated. Also what is the DP Name in case of Groww - Groww or NEXTBILLION TECHNOLOGY PRIVATE LIMITED
DP name is written in account details. It's CDSL in my case. I haven't tried to sell shares in pre-open, otherwise it's smooth experience, similar to other brokers.
Applied 1 SHNI 5 retail , I was about to apply another SHNI but I guess where retail portion is 35 % no point in applying in SHNI for merely block - unblock. retail me bhi formality hi lag rahi seeing my past record
114.1. lucky boy| Link| Bookmark|
August 28, 2023 11:49:17 AM
IPO Mentor (1300+ Posts, 400+ Likes)
@ New Kid On The Block
forget about QIB undersubscrive... qib will get highest subscriptions compare to all category
114.2. Pandit Ji| Link| Bookmark|
August 28, 2023 11:49:38 AM
Top Contributor (400+ Posts, 200+ Likes)
QIB prtion if undersubscribed transferred to HNI HNI if undersubcribed transferred to QIB Shareholder and Employee if undersubcribed goes to Retail Underscribed Retail portion goes to HNI first then if still Left to QIB
anyone facing similar issue or suggestions to resolve this?
113.2. Lokesh Chiru| Link| Bookmark|
August 28, 2023 2:13:02 PM
Top Contributor (400+ Posts, 300+ Likes)
U can try one of these scenarios based on the status of ur application:- 1. May be u can reject mandate in UPI app that u have used to apply (PhonePe, BHIM, Google pay) and then re-apply. 2. If amount is not blocked and step 1 does not work then u can re-apply and u authorize the mandate by entering correct UPI PIN.
113.3. Ankur Goel| Link| Bookmark|
August 28, 2023 2:25:49 PM
IPO Guru (1300+ Posts, 600+ Likes)
Apply another bid from net banking. Failed bid will not be considered as valid bid.
Can you tell me on which parameters do you find USK better?
Here the profit has grown from 19 Cr to 90 Cr from Mar-21 to Mar-23 The revenue has grown from 487 Cr to 1171 Cr in the same period. The market cap is 1234 Cr vs 180-200 Cr of USK. The ROCE here is 80% more than USK
From your comment, I feel you would have been allotted in USK but it didn't perform as per your expectations / the FAKE GMP?
INFRA naam sunke USK samjhe kya, apan FIRE hai FIRE.
I am having a few queries with bHNI...(esp. on the allotment).
1) Is the allotment lottery based or on a proportionate basis (i.e. your bid divided by no. of times subscribed)?
2a) If it is a lottery then do we get shares worth 2 lakhs (~14 lot) or worth 10 lakh (~68 lot) or worth the entire amount that was bidded? 2b) If it is a proportionate basis, is there any lower limit for allotment (like allotment should be at least 1 lot or none)? For example, if I apply with 10.1 lakh and the subscription is 100x. Then will I get 10.1K (less than 1 lot) worth of shares or none?
3) If the allotment is proportionate, then what is the typical bid amount (from your experience) to get a successful allotment?
Kindly help me in understanding bHNI from your experience. Thank you so much. :)
Sir, May i know how many minimum application needs to be there in a particular lot for a lottery in shni and bhni?@lokes Senior members pls guide regarding this
108.1. PrinceMJ| Link| Bookmark|
August 28, 2023 9:57:06 AM
Top Contributor (500+ Posts, 200+ Likes)
I discussed it in detail go check my comments on aeroflex ipi or simply click my name and read my latest comments you will easily understand