I have account in Angel but no one can say that we will open minor account because of most of rejection. So I open account of guardian in Zerodha and based on guardian account easily open online account. Rest of need to process offline.
@kalki SBI has that facility, but, if we try to use it for IPO application then the FD is broken immidiately and proceeds transferred to savings Ac and then used for IPO application.
So, we cannot use that FD amount for IPO application without breaking the FD..
Use kotak bank. I started using it from 2 weeks and I am loving it. Concept of activeMoney is best. All your money will move to flexi fd automatically and you can use flexi fd of regular fd amount to apply ipo.
Two things I enjoy most 1) Pre-open price discovery on listing day (even if I am not alloted, like today Stanley)
2) Allotment/lottery process.
I generally sleep little late in the night and with week end I am anyways awake till 1 pm.
213. Som mca| Link| Bookmark|
June 28, 2024 9:42:12 PM
Top Contributor (300+ Posts, 200+ Likes)
KFIN did allotment on 10:30 PM, last day, but Linktime dusre ko dekh ke vi sudhar ta nehi. Isko ban karna hoga 1 year ke lie, kile RBI jaise new credit card , new bank ac open ban kar dete hai kuch bank ka.
211.3. Modi Adani| Link| Bookmark|
June 28, 2024 9:25:16 PM
Top Contributor (600+ Posts, 200+ Likes)
Koi linkintime ko gali nai dega, wohi bechara kabhi kabhi allotment deta h...
Big share wala to chadar___ hai... Allotment sab se pehle out krta h, lekin aj tk kabhi nai mila..
210. Professōr| Link| Bookmark|
June 28, 2024 8:36:58 PM
Top Contributor (600+ Posts, 200+ Likes)
Off topic : I applied stanley via upi (baroda mpay) and application was successful mandate was also created & shown as active but after allotment its showing as "EXPIRED" instead of "REVOKED" other ipos are shoeing as REVOKED only. Was my mandate reject by bank or registrar of its normal as non-allottee
Retail issue subscribed at 4.73x and application wise it is 3.93. Then how come it is 2 out of 15 ? It should be around 3 out of 12 right? Am i missing something here ?