5 Different accounts were used by me to subscribe to the IPO. However only 1 account got allocation which I had subscribed at 5am in the morning on the opening day of IPO. This might be just a very small coincidence or subset to arrive at an inference though we can definitely arrive at first come first serve basis allocation limited to 1 lot per account first & then if still not fully subscribed then 2nd lot basis on FCFS again. #JustAThought
No it us not like that. I applied 3 lots, 1 each through 3 accounts at almost closing time. When I applied ASBA was closed at 3. Have to apply through UPi for 2 applications. But got a2/3 allotment. so no FCFS. basis.
So out of 5 different accounts & 15 lots applied I could get only 1 lot in 1 account.. Though the fun of the IPO lies in super premium listing which in SBI Cards case doesnt seem much am still confident that in a longer duration for 6 -12 months the prospects are equally good for an outstanding premium & as it is its just 1 lot so am sure many of us can keep it for a longer tenure.
I received confirmation from bank that my funds got released and now they arent on hold so not received allottment in one account. Awaiting info for other 4 accounts. Link Intime is still not working & as mentioned 3pm then we ll have to wait at least till evening to get a clear picture out of the mess.
5 Different accounts were used by me to subscribe to the IPO. However only 1 account got allocation which I had subscribed at 5am in the morning on the opening day of IPO. This might be just a very small coincidence or subset to arrive at an inference though we can definitely arrive at first come first serve basis allocation limited to 1 lot per account first & then if still not fully subscribed then 2nd lot basis on FCFS again. #JustAThought