Yes, I know the oversubscription status and difficulty in getting allotment. And I don’t consider KP engg as a good issue.
My point is I am yet to come across any one who got allotment in a good issue like Winsol. Because listing gain in this case is more than 4 lac. So it is sufficient to induce people to adopt unfair means. And that is the reason why I apprehend a scam. I am yet to get confirmation that allotment process is fullproof from any misdoings.
And I know that oversubscription is sometimes more than 700 times. But still in the smallest issue 500/600 retail investors are getting allotment.
So can we take up with SEBI to make allotment process fullproof ? I am writing this because Individual complaint to SEBI may not yield desired result.
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