Pl check and ensure the loan has actually been sanctioned by so called panwala otherwise we will keep waiting.
113. M Gupta| Link| Bookmark|
August 1, 2023 7:40:09 AM
IPO Guru (1000+ Posts, 3100+ Likes)
I enquired the registrar office for not uploading allotment status.
They clarified. Actually, due to non payment of monthly electricity bills, power was disconnected. The generator had no diesel in it. Staff doesnt have sufficient cash balance to purchase a litre of diesel. They have requested to nearby “panwala” for loan of one hundred rupees to buy a litre of diesel. As soon as panwala opens his shop and lend one hundred rupees, the staff will buy a litre of diesel, start the generator, and then the computers, the allotment status will be updated.
Thank you so much. Got 0 allotment but learnt some thing new. One last question - can I use axis ASBA for applying for IPO on my parents behalf ( 3 rd party ASBA). Is it allowed. Thanks in advance.
Very Third class Registrar. Why company select these type of Registrar? Not capable of showing even SME status on time These type of Registrar should be vaned.
@svh Sir, ek SME ka result on time nahi diya ja raha inse. I am now sure that the Utkarsh allotment well before time was a paid move to ensure few HNI's could use their money in Netweb as well.
106.2. svh| Link| Bookmark|
August 1, 2023 7:30:44 AM
IPO Guru (2400+ Posts, 3600+ Likes)
@ GrayIstheNewBlack Sir , Agreed.
When KFin was karvy SEBI caught their lot of manipulations in allotment & to hide their sins they rebrand themselves.
Even in this issue also not a single allotment by lotery so far. Only bigger hni lots got allotment where kfin can't do anymore manipulation.
For me back to back zeros in all last 4 kfin issues.