Hindustan Aeronautics Limited IPO Message Board (Page 11)

Good strategy dude !! But then have you had a look at the registrar''s name? if the response is good Karvy would kill to NOT Allot the retailers ..I''m sure they have thousands of small, ever optimistic investors in their " Never Allot These Gooses" list .. :-)

@Anarchist,
I am not much into IPOs. But if a registrar is manipulating then that''s very bad.
1) What the hell SEBI is doing?
2) What Karvy gains out of manipulating this. Isn''t quota for others (like QIB and HNI) fixed? So they won''t be able to hand over the unallocated shares to them.
3) Have you known someone/some incident where the complaint was officially launched against registrar in past?
Excuse my knowledge around IPO in general. (I''ve subscribed to every damn issue in 2017, but bad luck:- NO allotment in any of over subbed IPO :D)

@ Logik

Yes of course !! Karvy had been barred from the primary market activities for an year by this very same SEBI ....That was on account of fictitious DMAT accounts, used by a few participants to grab IPO shares during 2003 and 2005. But like the investors, SEBI too has a very short memory. So Karvy is gleefully back in the business and with a real bang you see ...

I am talking about old days. From 1-2 year, govt is not giving 5% discount. Last was CPSE ETF FFO 1 when govt offered 5% discount.

When retailers kept themselves away from primary secondary market then govt offered 5% discount to attract them. Now govt knows that retailers come to the market than it reduces the discount.

Govt is no more interested for retailers now.