Well, the reason is because the IPO was heavily oversubscribed.
In the case of an oversubscription, the maximum number of allottees will be determined first. So the maximum of number of allottees who will get the minimum lot size will be determined by dividing the total number of equity shares available for allotment divided by minimum bid size. The result will determine the number of allottees. If the applications are higher than the maximum allottees, the allotment will be determined by a computerized lottery (draw lots)
I have zerodha demat and applied for ipo thru hdfc asba page. At end i got success message with transaction id. But now I i check under placed orders, nothing is displayed. I tried multiple times, still unable to see the placed details. Why is it so? What to do now?
Also the amount is blocked.
Is hdfc purposefully playing with non hdfc demat customers?
Zerodha customers with hdfc asba, please share ur experience.
Hi @Bhuvan , I have some discrepant quantities in my holdings. I am trying to add the buy price. But Q is not giving me any blank space to put the price like it gave you for LIQUIDBEES. Here is what I am getting,
@Bhuvan Thanks a lot. How long does it take?? I received the message from CDSL that they have credited the shares in my demat account with Zerodha but Zrodha customer care people saying that they will update the shares in my account on Monday morning just before the listing. Is it true??
Yep. Just press CTRL+SHIFT+R in case you are not able to search for the stock on Kite web. Clear the app cache in case of Kite mobile. if you wish to sell the stock add it to the marketwatch and then place a sell order.
Hi that’s about selling via Kite. But I still do not see my ICICI Lombard shares listed in my holdings in Q. Did i miss something? Do I need to manually add them? I am planning to hold them, so I just need to see them and be satisfied that they have been delivered properly…
I see that there’s still a ton of confusing regarding this. Maybe you can do 1 detailed post and end up all the confusion which everybody has during every IPO.
I am able to view icici lombard shares in kite as well as in q holdings. But in q holdings the buy price and quantity are already present and correct. Do I need to add discrepant quantities? And how come these data got populated automatically?