Both me and my wife applied for 800 shares each (1 lac each) and both of us got none. I agree, we should have got firm allotment as the issue was 7 times subscribes in retail segment and we should have got at least 100 shares each. There is big problem in Karvy''s methodology which needs to be raised. I don''t know to whom. Because, otherwise I will lose all interest applying for any IPO going forward
Greetings for all those who got allotment. For those who made multiple applications and got none, look for next IPO. Let us hope for good listing gain..
http://203.199.177.158/ipo/ by using this link on karvy website I have got the allotment of 100 shares against my application for 300 shares at price of 125. those who applied at higher price band only have to look for allotment .... applied at any price below 125, please confirm when your money is credited back.
I also had applied for 1600 and 800 shares but got none. Does anybody have any idea about basis of allotment? BecaI think that it should be firm allotment for those who applied for 1600 shares and I should have got 211 on proportionate basis.
We should check with Karvy on it or we should report it to SEBI. It is not possible becait should be firm allotment for who have applied for full application.
Report to SEBI at www.scores.gov.in and I am doing too as I didn''t get a single share even though applied for 1000. There seems no incentive to apply for more shares.
applied 2 lacs, 1600 shares, 16 times retail subscribed 7 odd times, should have got 211 shares on proportionate. But due to Karvy''s manipulation, did not get a single share. alloted shares 0