in case of oversubscription in retail category any individual PAN no max get 1 lot only... oversubscription case allotment is based on PAN no.. so better to apply 1 lot only..
Retail no one got 4-5 lot.. Maximum 1 lot you can get in retail category...
Few people say they got 4 lot means they have applied 1 lot with different PAN number.. 1 lot in name of father, mother, spouce etc different account.. same PAN number max you get 1 lot only..
applying more lot doesn't make any difference... apply 1 lot with mutiple PAN number will give you good chance to get lot.
Please check following possibilities in to your 13 Demat Account.
01. All Email ID shall be different. 02. All contact Numbers must be different. 03. All Residential address will be different. 04. You shall not be second holder of this account.
Please take care of above points..Some this will be match with this.It will be the reason your application maximum getting rejection. As per my knowledge if you will correct this ...your chance will be increased....
Same Email ID, same contact number, same residential address, but different pan numbers (mine, my wife and my father), I have got allotment on multiple occasions. Second holder, I don't know !!! This IPO and a few others also.
You applied 1 application 13 lots. So there is no question of transparency. Your application was considered in Draw and you were not lucky. No fault at Karvy end.
Surprisingly, no block deal by any Fund. I was expecting atleast one as I had observed one, such block deal on the day of BANDHAN Bank Listing worth Rs 400cr by Nomura India.
Open intrest. Rollover. Connected to future and option trading called F&O. HDFC AMC Listed today and this share in cash sagment. We do day trading or take delivery. There is no rollover. On HDFC AMC SHARE My view bullish for long term. In short term if the share tuch nearly 1890 - 1935 then a correction. And in correction share can fall nearly 1570 - 1620.
MKV shayad aapko laga nai hai isliye bol rahe ho lower circuit lagega abhi ye share stable move hoga AMC is future stock just like Infosys TCS use to be long back if you have allotment don't sell single share at any price alst for 3year you will be rewarded definitely Happy investing in AMC stock
It is ok, but there are very least possibilities to get allotment for all three account...You will get allotment for your self...or your wife ...or your children...
You will not get allocation in all three application...
There is a system in Karvy that of of same address etc... system will filtered automatically and consider one application...
One PAN, one application. That is the only criteria. In this case, eligibility of being a HDFC share holder as on 14.03.2018 also.
Not only HDFC AMC, I got similar allotments in Cochin Shipyard (Only two ... but still), Mishra Dhatu Nigam, Bharat Dynamics, to name a few latest IPO's . As I had posted earlier, I missed out in RII ( 3 appls of 1 lot each) because of lottery system. A friend of mine got 5/6 allotted in RII, his luck !!! However, all my SH applications were allotted 46/169.
RII - Allotted 77,62,145 shares. NII - Allotted 33,26,634 shares. Shareholder Category - Allotted 24,00,000 shares. Delivery on 06 August 2018 - 82,47,409 shares. Assuming only a negligible quantity of QIB shares & Employee Category shares have been sold, 61% of the allotments have been sold.
Applied for 13 shares each in shareholder and general public. But one of my application which has been applied through Axis Bank under shareholder quota showing fail status. What can be the reason,can someone help/explain me the reason. Should I take up the matter with Sebi,as it is firm allotment in SHAREHOLDER quota.
CA Nitin Agrawal :- 1914.1. S Patel Aug 6, 2018 3:53:53 PM I Like It. | Report Abuse in case of oversubscription in retail category any individual PAN no max get 1 lot only... oversubscription case allotment is based on PAN no.. so better to apply 1 lot only..
@Nitin: Who? May be show some proof, and seniors here may help you to complaint or something!
1909.5. P M| Link| Bookmark|
August 6, 2018 6:21:34 PM
(1100+ Posts, 1100+ Likes)
CA Nitin Agrawal -
No one got more than 13 shares i.e. 1 lot in retail retail category except 1 application which allotted 14 shares, due to 1 share remaining after allotment to all selected applicants.
Applicants who got more than 13 shares i.e. 1 lot, are from Shareholders quota, not from retail category.
Does these figures give any indication of what we can expect tomorrow ? Have heard in channels, open interest, roll over, etc, etc. I do not understand this.
I am a long term investor, not a trader. Please appraise.
1907. R R Patel| Link| Bookmark|
August 6, 2018 10:22:13 AM
IPO Mentor (800+ Posts, 3400+ Likes)
Tremendous listing as expected. Sold 20 shares @1822 and still holding 36. A great person Deepak Parekh smile at the moment of listing ceremony and spread the smiles with million of retail investors who got good listing gain. I have only 1 HDFC share purchased @1278 in 2016 which is giving me 40K plus profit.????????
Patel bhai, thinking of same strategy I have recently bought "1" ICICI bank share.. Whenever ICICI AMC get listed I will be eligible for shareholder category.. I am also going to buy Reliance Industries for Reliance Retail IPO and Jio IPO.. Might be I will be wrong, but keeping one share does not harm me so.. Guys please let us know if any big IPO coming from big houses, So that we can buy 1 share right now..
1907.5. Johny| Link| Bookmark|
August 6, 2018 11:37:48 AM
IPO Mentor (700+ Posts, 1000+ Likes)
Careful. Not all ipos have shareholder quota. Ex. upcoming PNB Metlife IPO.
I have also bought Punjab national bank.. Yahi soch ke PNB metlife.. Ha ha.. And @Johny how do you know PNB Metlife is not offering shareholder qoota.. DHRP?
Mr. Patel Same here, had bought only 1 share of HDFC in 2016.... on that based applied in shareholder category...and got bumber profit on 46 shares alloted
1907.9. R R Patel| Link| Bookmark|
August 6, 2018 3:09:19 PM
IPO Mentor (800+ Posts, 3400+ Likes)
@Nicks Jain You said that you have applied 13 lot each in retail category as well as shareholder quota with same PAN. Is it right?? How many shares you have applied in retail category as well as shareholder quota with same PAN? Please answer
One can apply 13 lots each in RII and SH category with the same PAN. I applied for 1 Lot in RII and 13 Lots in SH (Got allotted NIL and 46 respectively) with the same PAN. Same numbers on my father's and wife's name.
1907.11. lokes| Link| Bookmark|
August 6, 2018 5:48:43 PM
IPO Guru (4300+ Posts, 5100+ Likes)
many person applied only 12 lots in shareholder category and one lot in retail by giving funda that with one PAN, amount should not exceed 2 lakh....may be R R patel is one of them and got 13 in retail and 43 in shareholder category....
Please review my comment on HDFC AMC one or two days back ...I have informed that HOLD this stock .. it will reach at 1850 ...and today it was near to this...
HDFC SHAREHOLDER ALLOTMENT RATIO 1. Total application received 91,173 2. All the applicants given 13 shares minimum. 3. Total shares offered is 24,00,000. 4. So total shares offered 24,00,000 minus 11,85,249 = 12,13,751 (91,173 x 13 = 11,85,249) 5. So 12,13,751 shares given by proportionate basis. 6. Total shares applied 69,79,193 less 11,85,249 (Already given minimum lot) = 57,93,944 7. 57,93,944 divided by 12,14,751 = 4.76 8. So those who applied 156 shares category 156-13=143 divided by 4.76 = 30 shares + 13 Shares. Total 43 shares given to those applied 156 shares category.
@Rajakumar, as per your analysis everyone should get minimum 13 shares. My colleague applied for 11 lots but he didn't get single share. Can you explain why?
1899.5. Ou Ai| Link| Bookmark|
August 5, 2018 6:18:28 PM
Top Contributor (300+ Posts, 300+ Likes)
This computation is right. For those who applied 169, shares allotted were 46. Those who did not get any shares may be on account of technical rejection like PAN card matching, not being a shareholder on or before 14th March 2018.....
I am sorry to say that this assumption is wrong. I have applied for 169 shares through ICICI Direct demat account. But it appears that I am going to get only 13 shares. Because out of the total amount allocated they keep only 14,300 and reverted the remaining amount to my account. My feeling is that after allotting the minimum 13 shares, for the remaining shares applied, the allotment would have been done through draw of lots and not on proportionate basis.
1899.8. dpcdsl| Link| Bookmark|
August 6, 2018 12:43:16 AM
Top Contributor (400+ Posts, 200+ Likes)
This working is for "Share Holders' Category" and correct as per basis of allotment.
Those who did not got may have applied in RII Category or has some technical glitch, which one must find out so that error is not repeated further.
It is correct calculation. In my 8 share holders application of 156 each, I got 43 in all of them. In retail 8 applications of 13 shares each got 13 in 3 application. So non a"otment or minimum allotment in retail application and 13+ proportionate allotment in shareholder category.
@Ou Ai are you mad ,,I have applied many ipos including HDFC Life...saalaaa I got allotment..this One I have not received...
saalaaa u told bakuwaaas message ...Those who did not get any shares may be on account of technical rejection like PAN card matching, not being a shareholder on or before 14th March 2018.....
Dear Naren and ajith My calculation is correct regarding shareholder allotment. Pls see DRHP or call karvy people they will answer to you. For your rejection call karvy or mail. They will give you suitable reply for you. Dont angry on me and Ou Ai
1898. Rkg| Link| Bookmark|
August 6, 2018 2:43:23 PM
Top Contributor (500+ Posts, 200+ Likes)
Again seeking guesses for today's HIGH and Closing rates.