sushil ji , allotment not on the basis of prorata basis , present allotment rule is , if issue is over subscribed in retail portion thn no matter how mch lots u have applied , ur one application will be consider like u applied 1 lot.
almost 95% issues in present tym oversubscribed so better chance to get allotment , increase your no. of demats nd bid from everyone 1 lot not high lots.
namaskar to all, guys i am new to this message board and i like few facts with you . I hope everybody must have heard the name of wallmart dont to you think guys withour getting indulged only in listing gain we must hold some part of this company and allow it grew like wallmart and multiply our investment atleast 1000 times
1000 times... let me think, current market cap 18,700cr.. 1000* target takes this company market cap to 1,87,00,000cr .... hmm, that looks a bit unrealistic. even world leading walmart, microsoft,facebook and many multi-billion dollar companies combined market cap doesn''t add up to 1.87cr crores..largest company till now 594bill$ i.e 39lak cr... so, i hope you revise your target or define a timeframe of 100 or 150 years
This is with reference to my earlier post of two applications for 650 shares each, wherein I have been allotted just 50 shares in one and NILL in other. Kindly explain clear reasons for this kind of allotment.
Sushil g....kewal 2 lac ka application lagane se kuch nahi hota hai....share mkt IPO rule ke bare mai sebi ka web site pariye...samajh mai aa jaieha u were u alloted only 50 shares...
irrespective of any qty you apply,,,you will be only alloted 50 shares i.e. one lot and that too if you are lucky amongst 4.25 investors
2327.3. BullOverBear| Link| Bookmark|
March 21, 2017 12:04:32 AM
Top Contributor (300+ Posts, 100+ Likes)
when subscription is multiple times of allotted quota (retail allocation in our case) its distributed via lottery/ draw. Here draw is limited to one lot per applicant only to benefit maximum applicants.
You have been lucky to be picked up in lottery-draw...best luck for tomorrow
i got 12 lots , dont know till now shares credited or not in their respective demats nd i didn''t check till now in 20 ipo''s & didn''t check in this also. Everytime i found in demats when i went to transfer tht shares. so just chill like me hahahaha............
Music grey market premium was around Rs 100 and on the listing day it self it closes with only Rs 40 odd. Grey market premium doesn''t reflect true picture
TECHNICALLY it''s look like will list 500+ because of high GMP and high HNI cost. But FUNDAMENTALLY it''s not a 500+ type of stock because of very high PE and low profit business. It''s work mainly in 2 states there per capita income is high so it sustain profit margins. It''s rivals like reliance, Big bazar are not a small player and e commerce companies are also there to give a tough compitition. and the last Promotor''s(dammani or any one) are not so fool they give 500+ value share to 300
2318.1. BullOverBear| Link| Bookmark|
March 20, 2017 8:24:11 PM
Top Contributor (300+ Posts, 100+ Likes)
Please go through the details of D''Mart..only pieces of information may not reveal whole picture
Kindly help anyone...... I have been 1 lot of D-Mart IPO, money got deducted from my account and I got confirmation mail of allotted shares, but it is yet not credited in my Demat account, now tomorrow is listing, what should I do?