Allotment status is finally out on registrar website http://beetalmail.com/smeipo
170. PLAZA| Link| Bookmark|
February 16, 2024 8:29:51 AM
IPO Guru (2000+ Posts, 1200+ Likes)
IMO registrar will give status of allotment after 11 am because traffic will be slow to crash the site because till that unblocking / Debiting of fund may happened.
170.1. PLAZA| Link| Bookmark|
February 16, 2024 4:02:13 PM
IPO Guru (2000+ Posts, 1200+ Likes)
After reading the comments i felt like laughing.back in 90 we used to apply for IPOs in application form along with cheque and hand over the application to broker the cheque will be debited allotment process used to take 3 months and non allottees get refund through post sometimes u won't even get refund and we hv to write to registrar.now it's all changed ur account is not debited only amount blocked.why can't investors wait for a day or two.why this frustration i can't understand
Feeling blessed, investing is so easy now. Of course allotment is getting difficult but more participation is good for secondary market, so overall its a win-win.
168.2. DEVBULL| Link| Bookmark|
February 16, 2024 2:25:57 PM
Top Contributor (500+ Posts, 200+ Likes)
@A krishnan If I remember correct, the allotment process would take 3 weeks only and not 3 months.
You must be a guy who thanks goverment when bus/trains/aeroplanes arrive on their time... According to your logic 18s-19s me 100km travel karne me 1 din lagta tha because of that time technology limitations... Iska matlab ye nahi ke aaj ke time bi utna hi time le 100km travel karne me... Technology grows so we do... Otherwise the task is considered a failure.
@A krishnan Thanks for sharing your experience. In '90 we only had one radio in our house. Now we measure our technology with GBPS speed not KM/ Hour. We gone to some other's home to see Ramayana and Mahabharata in BW TV. Now a days customer and vendor's SLA agreement happen between 99.99% service availability and customer not select vendor if they given 99.96%.
Sir, everyone wants to use the unblocked amount in another IPO. That's why we are waiting for funds to get unblocked, normally they are unblocked in morning, but today it is taking time.
168.6. antarix| Link| Bookmark|
February 16, 2024 3:22:36 PM
IPO Guru (1100+ Posts, 700+ Likes)
@DEVBULL In 90's, the IPO allotment process used to take some months as per my memory of an IPO wherein I applied.
For Infosys IPO, the time taken from IPO opening to listing was 4 months. It was 1993.
Before calling international call we have to book trunk call. Now we can call direct on whats up or direct. If Internet not work on that time how frustration we have. Same like allotment late.
My comments to all who said about the impatient bla bla- Thanks for sharing your experience. In '90 we only had one radio in our house. Now we measure our technology with GBPS speed not KM/ Hour. We gone to some other's home to see Ramayana and Mahabharata in BW TV. Now a days customer and vendor's SLA agreement happen between 99.99% service availability and customer not select vendor if they given 99.96%.
163. Ankur Goel| Link| Bookmark|
February 16, 2024 3:28:42 PM
IPO Guru (1100+ Posts, 500+ Likes)