@rushabh285 DRHPs of all are already approved except Reliance Jio which is filed recently. They can file any time RHP which we might miss so no harm in buying early.
Moreover price of these IPOs are very less except Hero Motocorp
SEBI Order on another SME IPO :
The crime: IPO (July 2023, NSE Emerge). RHP disclosed ₹0.80 Cr in issue expenses. Company actually transferred ₹19 Cr under the guise of "issue management fees, underwriting commissions, registrar fees, etc." That's 54% of the ₹35 Cr fresh issue raise and 35% of the total ₹54 Cr IPO size — routed out on day one.
Who's restrained: Company + promoters Jatin Shah, Jagmohan Manilal Shah, Janvi Jatin Shah all barred from the securities market until further orders.
Lead manager collateral damage: First Overseas Capital Ltd (FOCL) barred from new merchant banking assignments.
SEBI is now examining fund utilization across 20 other companies where FOCL managed IPOs in the last 3 years.
@zerodha@AskZerodha
I’m trying to place After Market order from one of my family accounts. Getting this error as of now. All other accounts successfully placing orders except one account. Please resolve it if it’s from your end. Thanks
Will share account details in dm
Advit Jewels mainboard IPO closing today.
Applied Full Force but tough to be allotted.
Waterways closing but seems muted demand from QIB side. Not applying but may track if available in discount.
Skipping all SME but Shreedhar may have some spark but not much. Skipped this
Bajaj Auto BUYBACK
Today is the last day to settle quantities as tomorrow is record date & closing price of tomorrow will be considered for determining BUYBACK retail category.
Personally participated from 14 accounts.
@SunnyG13161 I think "Individual" should be selected for 2 lot application & "NIB Retail Investors" for 3 Lot or more application.
for better clarity, you should ask your bank from which you are applying.