Can we become elegible for any upcoming icici amc ipo in shareholder quota(if any) just by owning 1 share of icici? Please advice, is there no minimum quantity..
Correct. I had 1 share each of HDFC in three of my demat accounts. Hence could apply for 169 shares each in share holder quota. Got allotment of 46 shares each. Learned the lesson after HDFC Life IPO. I already have one share each of ICICI Bk, Axis Bank, and SBI in my demat account. Today purchased one share each of Kotak Bank. Yes Bank anyway is one of my portfolio stocks. ICICI and SBI had share holder quota when their subsidiaries were listed. Kotak, Axis, Yes may have. It is better to be safe.
Lost out on a big opportunity. Applied for one lot as a shareholder of HDFC and allotted one lot.
However it was not clear to me that a shareholder could apply for more than one lot and get more shares allotted. Thinking that the shareholder category also works on the same pattern as RII or retail category,applied for one lot only, assuming that in case of oversubscription, every successful bidder will get only one lot. Although i was regularly going through this forum, i don't know how I missed this point.
Anyway have to learn from mistake. Boarders should have insisted that all shareholders apply for maximum number and not restrict to one lot only. Can't find fault with them though. Paid a penalty for my ignorance and false assumption.
Check Message 72.1 - I had advised to apply in full force along with reasons as to why one can expect maximum allotment in Shareholders quota - "worth taking a chance and apply for 169 shares / 13 lots in Shareholder category if one has sufficient funds".....
Friends,I have applied for 156 shares under Shareholder catagory,but I have been allotted only 13 shares,Can any friend guide me in the matter-whether its right or any misconcept at Karvy level ?
I was also not clear about this point because there were different opinions. But I took a chance n applied fr 169 shares. I feel a watsap gp fr IPO cud help. Anybody knows IPO gp on watsap kindly send d nr god bless
1894. Rkg| Link| Bookmark|
August 6, 2018 1:11:32 PM
Top Contributor (500+ Posts, 200+ Likes)
Instead of long-term guess, pl. Comment on the expected today's HIGH and the closing rates.
1893.4. abdixit| Link| Bookmark|
August 6, 2018 1:09:19 PM
Top Contributor (200+ Posts, 300+ Likes)
@ajiths.. to Kal ko hdfc bonus share ya split declare krti h and hdfc ka price 1100 ho jata h, to tum allow karoge Kya ki Haan Bhai ab AMC ka price 2200 ho sakta h.
Share price is just indicative. Based on that you can't tell which company is bigger. Correct your basics.
1892. abdixit| Link| Bookmark|
August 6, 2018 10:05:44 AM
Top Contributor (200+ Posts, 300+ Likes)
Sold 1 lot @1820, keeping 1 lot for next 1-2 days and remaining 2 lots for long term.. Congrats everyone
1892.1. abdixit| Link| Bookmark|
August 6, 2018 12:46:54 PM
Top Contributor (200+ Posts, 300+ Likes)
For 2nd lot, expecting target of 1900 with stop loss of 1750. What you guys think will hit first ?
1891. CHD| Link| Bookmark|
August 6, 2018 11:35:24 AM
(1100+ Posts, 500+ Likes)
1.50 crore shares traded already ......looks like will close below 1800 only ....!
maybe it will go so what to do ? book profit or wait greedily for 1925-1950 ? I have no idea who is buying at CMP as relnippo also went down heavily after listing...
1890. lokes| Link| Bookmark|
August 6, 2018 12:00:43 PM
IPO Guru (4300+ Posts, 5100+ Likes)
is there anyone who got allotment of 46 shares in shareholder category and 13 shares in retails category in single PAN ? i got 46 shares in shareholder category out of applied 169 but didn't got in retail....