As per the new rule of SEBI (year 2012)maximum applicants to be alloted the minimum lot qty in retail section.Hence this happens.Even just dial same thing happened.Cannot help.We applied 5 application and one got 100. ok.Allotment is done in a fair basis as per rule.This is my view. Irrespective of number of shares applied it is 100 no. that too on lot basis (almost 1:3.7).So if one has applied for 100 and another for 1600both are having same chances.I feel there is no gol mal.only lack of information about IPO market rules.
I think observations of most of the members are right. There is something fishy about allotment as it was very successful IPO. I had made two applications of 1600 shares and haven''t received a single share.
I have already registered my complaint with SEBI, Registrar and Wonder La Holidays. Let everybody join in this initiative and seek appropriate compensation from registrar and company.
Applied for 10 lots & got Babaji ka Thullu. There''s no incentives for applying higher number of shares.
If the shares were subscribed 7.55 times then those applying for more than 8lots should have got at least one lot & then rest to other on lottery basis.
The rule of minimum lot is pretty vague without proper guidance for higher application. It''s better to open multiple accounts to have multiple lottery tickets like Rupalben Panchalben did.
Not gonna apply for more than 1 lot in future or above 200,000 to be in HNI category.
you are capable of applying for more than 200000 shows that you are a HNI applying as fake retail investor. don''t grab retail shares, u apply in HNI category only..
Gunda Anna just wants to check if anyone is interested in buying at 50 Rs premium.. It is just a trick, don''t fall for it.. none of his revious post were true.
mr gundu anna this is not the application no this mean out of 275 application 4th and 6th 8th 11th ,19th 20th applicant will get allotment it means out of 20 6 will get the allotment,those who applied 10 of there family applications get only 1 allotment this way karvy delebrately diverted the allotment to there favourate applicants