Very very bad luck, from last 7 month I have applied almost all for SME IPO(whose GMP 50+) from 2 accounts, till now I have not got single allotment. I think there may be internal work, so if we apply normal way we wouldn't get. Unnecessarily holding money for SME IPO is useless. In mutual fund if we keep for 7month, now at least 10 to 15% profit may be there. Am I right please suggest me.
@RBI that's why the reward is higher. In HNI it's proportionate basis so it goes by that whereas on can apply in retail but it's just pure luck for allotment. There are a lot of people who have applied 100s and still not allotted even 1 lot till now.
140.2. G profit| Link| Bookmark|
February 23, 2024 4:36:20 AM
IPO Mentor (1000+ Posts, 200+ Likes)
Keep applying for good ipos. Due to heavy oversubscription, allotment has become tough. Keep trying. 👍
140.3. whiteFox| Link| Bookmark|
February 23, 2024 6:46:30 AM
Top Contributor (600+ Posts, 200+ Likes)
Apply and try your luck. I have not got any sme allottment from 2018...but I am still trying
140.4. Sandapaul| Link| Bookmark|
February 23, 2024 7:39:48 AM
Top Contributor (200+ Posts, 100+ Likes)
@RBI Susbcription 500X jaa rhe hain, atleast apply 500 applications first, then say all this.....
How can you call internal work by applying just 50+ applications...
Probability of allotment is only 1/500, when you cross 500 then you can expect 1 allotment by probability
1st allotment after trying for more than 2 years and almost 100s of sme IPOs. That too in highly subscribed. Thanks to almighty 🙏 and all the CG members.