82. Rafiq| Link| Bookmark|
September 20, 2017 11:42:54 AM
IPO Mentor (500+ Posts, 400+ Likes)
He everyone,
Good luck to everyone who applied. I see that the refund date for this IPO is on 26th Sep so can anyone by his experience can tell that approximately at what time the fund exactly be brought to our account. Is it at 12 AM in night or 12 PM in afternoon?
@Umang ...allotment ratio would be 708 out of 11000 (approx) i.e 15 times & not 4.25. Applications at higher band are also considered as applied at cut off price
@umang ....Bt very applicants would place bid at below than the higher band when they know that the IPO is likely to oversubscribe. So total number of application under RII=3,43,35,000/3000=11445 applications. If you adjust this figure for rejected applications and app. applied at lower at any price band below than the higher band, It would be approximately 11000
Long Ranger......lot size is 3000 i.e 1 lot amounts Rs.129000. So anyone applies for say 2 lots, then amount is 258000 i.e exceeds 200000 threshold, is considered under NII. So divide no shares applied by lot size i.e 3,43,35,000/3000=11445 applications
I applied at 2.30 PM and message from HDFC Securties appeared see order book while in main line IPO application number is shown and in ipo order book it is also shown.
I applied through HDFC BANK online and my amount is blocked for Rs. 129000/- but no application number is generated and in ipo order book no application executed is showing. Whether my application is executed as I am new in SME