@Dinesh Singh Yes it will fly now. Because I have sold it yesterday due to fund shortage. Whatever I have sold after 2-3 day it fly. Sold ESFL last week and from 2 day it comes out ASM list an its up more than 15% Same happened with zaggle ,RR cable .MGVGL and Today SAR up 4%
@SMEARV Golden words by you and the share price is UC now. I also experience of price increase whenever i sell the share. Luckily, i am holding this 1 lot.
This is in regards to SAR TELEVENTURE LIMITED-SME IPO -SME IPO, we have received multiple complaints regarding non unblocking of fund, kindly check the status of below mention Application, if you required any information from RTA, let us know. We have already shares UPI Total. Bank Name
Mine too hasn't been unblocked yet. But RKSV is finally showing no allotment today. Maybe it might happen today or tomorrow. Pathetic this from Skyline. Never had such issue with any other IPO.
My ESAF UPI mandate unblocked by SBI in morning so there does Not seem to be issue with SBI, it is with this third-rate registrar only.
BTW, registrar responded to my email saying they have received multiple complaints and they forwarded my fund unblocking request to SBI, so hopefully today the mandate will get revoked.
SEBI must take action against this useless registrar and Pantomath for choosing it. Chindi chor.....
seems like everyone's having problem with UPI mandate still blocked by SBI. the problem's with Skyline and not SBI. My RKSV still doesn't show no allotment. Received email of non allotment from skyline today morning only. so probably might take a day more for funds to be unblocked. Pathetic this from Skyline.
I think there are something glitches or something, I applied from 7 account no allotment,( as usual) I use Gpay for all as UPI app. Strange thing is that UPI mandate in all accounts still live, But funds are unblocked in all accounts except 1 SBI account.
One question...Is it common practice for MM to sell entire holding 15 mins after listing ? Pls advise....
154.1. Venkatram| Link| Bookmark|
November 9, 2023 11:30:07 AM
Top Contributor (300+ Posts, 100+ Likes)
What you describe is exactly the mandate of the Market maker, they are mandated to create liquidity by selling shares they are investors and should not act as one. So this is expected and will ensure that the share trades atleast for couple of seconds on opening in these hot IPOs giving people chance to enter.
Pata nahi kyu aur kaise dukaan khol ke baithe hai registrar ki.... Not responding to email as well...
What is the option I have Now when registrar don't respond to email request for funds blocking?
Usually they respond and forward the request for unblocking to sponsor bank immediately but here there is No response except on day 1 when they told me they have send auto instructions to all banks.
Yes, my funds for 1 application is still blocked with SBI and also IDFC.
For SBI, I have emailed my branch and customer care SBI.
Happened with me before in Arvind SME IPO, after the email they unblocked the amount. I don't know in this tech enabled world, how can they miss unblocking few accounts. Pathetic.
Still more than 20lakhs shares with allottees.They always prefer to book profit because of double listing.If anyone wants to buy, wait and watch even good script prior to enter.
Already there is a volume of 24 lakhs and it equals to 12 lakhs share sold by allottees. The total number is 21.5 lakhs shares ( Retail 15 lakhs and NII 6.5 lakh). Hence, 9.5 lakhs shares is yet with original allottees. Correct or am i missing something.
Total issue is 45lakhs so far around 24lakhs shares are sold by allottees.Remaining more than 20lakhs shares are with allottees.Tomorrow they may make more sell orders which will create LC.It is my assumption.Let us see.
@Yoga Remaining 20 lk share is hold by QIB who knows inside of company.. They are considered strong hand and tend to hold mud to long term... From my point of view....it is good sign Retail and NII equal allotment hand changed..... Hope for good return in the way like...BONDADA ....or similar...