Akanksha Power and Infrastructure Limited IPO Message Board (Page 3)

Any chance of an early allotment intimation today?

It will out at 10 pm or later mid night or in morning 5-6 am

​@B.M.SURANA ji... any gmp update on this ? Thank you.

​@Jay Vagheshwari Maa 
₹९/= ₹१०/=
सबजेक्ट टू : ₹१५ - ₹१६ हजार

HRH me kya chal rhi hai GREY MARKET?

There's a good chance that the allotment will be finalized today itself.

​@PKRAJ Sir, Approval from the exchange can be received on a working Saturday as well.
I and many other applicants received RR Kabel debit messages on Saturday night itself (IPO closed on Friday).
So - there is a chance of early allotment given that Monday is holiday for most of the corporate offices.

​@GrayIsTheNewBlack Nothing is impossible, I know but let's see whether SME they do it or not.
Not an issue. Good for all to know allotment early.
As far as RRKable I was very very lucky to get 1/1 sHNI and 1/1 Retail. By both account were debited on 18th Sept. Here after not received single allotment in both these accounts till date.

Even you also got 2/7 Retail and 1/3 bHNI ,(BOB Unblocked). Your post No 603.1 of Sep. 18,2023 at 11.15 AM. In earlier post 1bHNI BOB was pending at 11.10 AM.

But good to remind about RRKable. Still holding 85 shares for long term.
I think Stock Exchanges and Banks are open on 1st. Jan. I am not sure. Corporate are Corporate.
Have a nice time.

We find people applying applications of Rs 20-30 crores these days. One application itself is two- three times oversubscription of the issue. So issues going 700-800 times oversubscribed is not surprising. SEBI must provide a level playing field for all the investors as such big applications capture the issue. Small investors applying 10-10 lakhs applications don’t get allotment even if they send 10-15 applications and such big applicants get 4-20 lots even. So the issue need to be raked up.

Sebi can bring small hni and big hni as in main board ipos. May be to some extent, small investors will get allotment

I keep reading such comments which seem ignorant. if one regularly reads (and understands) Terms of Allotment in DRHP and BOA and understands SEBI mandate such concerns will get answered themselves.
1) Mainline NII get 15% allotment of total, but in SME with QIB/anchor the share is ~13%
2) In a highly subscribed IPO like supreme even people with 20cr application got only 1 lot. In Kaycee even after putting max application of ~7.2cr chances are people will go through lottery with 50% chances of getting even a single lot.
3) in highly subscribed mainline, a retail investor gets only 13k worth of shares (vs a BHNO who gets 2.1L) whereas in SME a successful retail investor gets ~1.2L of shares which is same as what someone with 20cr application in Supreme would get. I.e. SME is already too socialistic in a capitalist world.
4) The lot concept in SME is to discourage small retailers as these IPOs are considered risky. very construct of lot further increases the risk as liquidity post listing week can thin down to <100 lots per day. Risk and reward go hand in hand and btw if someone thinks that there is 0 risk and 0 cost in blocking 20cr for 2 days, think again!
5) SEBI is not our financial advisor who will try to maximise our returns. Its a regulator to ensure adherence to its rules, and in their eyes they have already protected small retail investors through lot concept and made is very socialistic (compared to mainline).
6) Lottery system in mainline was done to increase retail participation and broad base investor count per company. In SME, they want to do exactly opposite by having lot concept thereby not exposing too many people to SME sector risk. Further the advantage of Emerge platform is that SEBI wants companies to use organised and regulated channel for fundraise without having onerous compliances as in mainboard. So if they remove lot size concept, then the secretarial compliances will increase manyfold with increase in SH count and will reduce the very attraction. Remember that while we investors just look for making 1-2 lakhs of listing gains the main purpose of IPO is for companies to go for IPO and raise funds. i.e. investors gains are of less meaning than fulfilling the core purpose of IPO.

Applied FF retail in Akansa, HRH and Shri Balaji.

​@Ipoaspire Thanks for the response!
Found the company is into smart meters and betting on it for the next leg of growth.
Also the management has the capabilities to execute as per previous projects.
Other than this do you know anything on the promoters/ company?
Trying to understand more.

I'm still holding Akanksha and HRH and will hold till demand (not forever).

NII application allowed until 3.00 PM in ICICIdirect. But subscription figures are increasing until 3.30PM some times upto 3X over 3.00PM figures. why ?..

Canara bank allows upto 4 pm

Thanks,.. got it. We have to subscribe at least 3 times over 3.00PM figures of HNI .. :)

i have applied 1 application with 2 lot but i had selected cutoff price
Does it my application consider for allotment or its going to be reject?

It is valid bid at upper price band.

gmp guys

Weekend Bro. Chill now and enjoy .
Last heard was 14 around

Applied in all four... Let see what New year brings for us... 😇🙏❤️

Akanksha Power and Infrastructure IPO,
10 Retail apps

Akanksha Power and Infrastructure IPO,
0 allotment

Not receiving the mandate request

Good subscription figures. Crossed 100 times

Massive response by Hni in just 1 hour.
15 minutes left.

Applied 6 applications in 2 lot hni segment

Applying some hni and some retail applications here...

Applied one HNI application of 25 lots.

Any idea, what is the cut off time for HNI application in ICICI DIRECT?

​@M K Singh 
3 pm sir

Applied
5/5/4/1/1/1/1

GOO FF WITH HRH SERVICE

​@Mukesh Elon Adani Oye My Dear Child Labour (Membership since 9 Days), Is HRH Services paying you wages for promoting HRH Services "GOO FF WITH HRH SERVICE" .. ?? What's the per message amount (wage) they are paying you for promoting HRH ..??

Take care friends...GMP came down to 9-10 from 13-15

GOOOO FF with HRH SERVICES

Hi,
I am new to this.
Wanted to know if we can apply 2 lots with single account or not ?
Thanks.

I was liking the message by mistake I clicked on Spam. How to undo this ? Sorry btw..

​@Nikh ipo  This happens a lot. You cannot undo it. But no worries, the spam message goes to admin for moderation. Admin checks it and if it is genuine then he/she does not take any action..