Few years ago SEBI changed IPO rules to maximiz retail participation. Companies were asked to allot shares to maximum applicant (At least one lot each). Thus it is advisable to apply one lot each from multiple applications. Happy investing. :)
Please check your SBI account, we had applied for 5 lots through SBI, since our blocked money has been unblocked, we understand that we have not been allotted any shares.
I think that all allotments are over first and wherever ASBA is still blocked they may be rejected cases. Same procedure followed by Karvy in earlier IPOs also.
AS PER NEWS VRL WILL BE IN T2T SEGMENT ON A LISTING DAY, DOES IT MEAN THAT IT WILL GAIN MAX. 20% ON A LISTING DAY?????? MAX PRICE WILL BE 210*20%=42 SO MAX PRICE CAN BE 252/-???????????????????
No. The 20% circuit limit is applicable on the listing price i.e. the first tick that the stock sees at 10am. And this price is determined by pre-listing demand and supply between 9-10am. So if the stock lists at 300, then circuit limits will be 240-360
Hi Mr. Bansal, I had applied for 8 lots through icicidirect. ICICI bank has informed me today that INR 13325.00 has been debited to my account on 25/04/2015. That means I have been alloted one lot of 65 shares. If you have not received SMS I suggest you to check your account to know if any allotment is there for you. Regards.
I hv the same question ? money is not credited back to my reliance money account / bank account, but I am not able to check allotment status in the account. you can try investment offerings/ipo/ ipo order book and search in a date range . This is not opening in my system.