Mr Choudhury Basis of allocation follows same method for all individual investors - which includes HNI and Retail. Please check page 439 of RHP document for VRL.
I read and applied. SEBI rule of minimum one lot to retail bidder doesn''t apply in HNI category. Allotment is made in proportionate basis in NII Category.
Amount has been deducted from my saving account. Now wait for allotment All depend on luck Snowman sharda inox in all i got allotment but in vrl we will see what happen
I applies 2 lots from my ICICI account, what are the chances of allotment. Amount is also not appearing in blocked. Same thing I did for Inox and got 45 share.
For Kotak ASBA and others, payment blocked today. For check payment and non asba, payment deducted. This by no means indicated that shares are allotted. Allotment will be done later and 65 shares will be alloted to a lucky few. For others, money unblocked or returned.
Event Indicative Date Bid/Issue Closing Date April 17, 2015 finalization of Basis of Allotment with the Designated Stock Exchange April 27, 2015 Initiation of refunds April 28, 2015 Credit of Equity Shares to demat account of the Allottees April 29, 2015 Commencement of trading of the Equity Shares on the Stock Exchanges April 30, 2015