Recently I have got the IPO of Bajaj Housing Finance in ShareHolder Quota because I had few shares of Bajaj Finserv in my Demat account. A lot of people doesnt know about the share holder quota or till what time they have to keep the shares. If you also want to get the IPO allotment under ShareHolder quota then you can buy the shares of some of the parent comapnies now so that in future you will be elligible for the share holder quota. You just have to buy 1 share of the poarent company.
In the above shorts I have mentioned some of the comapnies whose IPO will be coming and having atleast 1 shares of the parent company can give you access to the ShareHolder quota. It is not that you will get the shares if you apply in ShareHolder Quota but the chances increases.
For example, when you are a shareholder quota, you can actually apply in both ShareHolder quota as well as Retail/BHNI/SHNI thus your allotment chances increases. Along with that in shareholder quota you can bid till 13 lots or till Rs 2 Lakh that means your chances of allotment increases whereas in retail only 1 lot you can apply. So that means there are actually multiple benefit of applying in ShareHolder Quota along with any other quota.
Some of the companies you can but for future shareholder quota eligibility are.
Buy HeroMotoCorp for Hero Fincorp
Buy NTPC for NTPC Green Energy
Buy HDFC Bank for HDB Financial Services
Buy ONGC for ONGC Energy
Buy Bank of Baroda for India First Life Insurance
Buy Canara Bank for Canara Robeco Mutual Fund
Along with that, the price of a parent company goes up near to the cutoff date and thus you can earn from there too. For example, I have got 18% profit for my Bajaj Finserv along with the IPO.
