Urgent ..Reliance IPO-Retail or HNI which one to choose

Hello,
as per NSE website
HNI is oversubscribed 32 times & Retail is by 9 times.
I have only one DMAT account. I dont care about discount.

I have 232,000Rs to invest.
question is can I bid for 2000 shared on partial payment
2010 shares*115 Rs = 231150 Rs.

alternatively I can bid for 225 shares in Retail segment,
in which case I will be benifited means more shares?

Please suggest apply Retail(225 shares) or HNI (2010 shares), provided total amount of money is 232000 Rs only.

Partial payment option holds only for retail investors.
If you are applying for HNI,then you need to pay full amount.

Hi,

I want to open a demat account & an online trading account? with whom should i open it other than ICICIdirect and sharekhan.

please advise

DJ

Hi, one more thing you have to keep in mind is if you are making full payment you can sell the shares on the allotment day itself to gain premium on that day.Whereas if you make part payment you will have to wait till you get the full allotment. Then the rate might be low or high.

Hi
There
I have have applied for 225 share with partial payment .if i get 2 lots and if payment from my account goes full will i be able to sell ? plzz help

You will be able to sell on listing day itself if your partial payment is less than the full value of the alloted shares.