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IPO Allotments :)

IPO: STANDARD GLASS
Applied Lots: 3 (different PANs)
Allotted Lots: 0

IPO: QUADRANT
Applied Lots: 3 (different PANs)
Allotted Lots: 0

Bad Luck!!
 
0 allotment in 3 retail applications in Quadrant Tek as well.. so no allotment in total 5 (3 SME and 2 mainboard) IPOs in this round,,
 
Mamata Machinery allocation is also out.

0 allocation in today's allotment:

Mamata Machinery: 0/4
DAM Capital: 0/4
Transrail: 0/4
As expected, another round of non-allottment. The subscription figures are making allotment nearly impossible for IPOs with sizes less than 500 CR.

Quadrant Future: 0/4
Standard Glass: 0/4
 
How about NFOs - are they profitable?
NFOs are not a good idea in most cases. There is no route to profit like IPOs. You can just look at similar funds from other established fund houses and invest in the same and get the NAV of that day.

For some reason, if you still want to get the NFO, etc., wait for it to become operational and then do a lumpsum or start SIP.
 
NFOs are not a good idea in most cases. There is no route to profit like IPOs. You can just look at similar funds from other established fund houses and invest in the same and get the NAV of that day.

For some reason, if you still want to get the NFO, etc., wait for it to become operational and then do a lumpsum or start SIP.
Understood - thanks
 
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