249. P Patel| Link| Bookmark|
September 7, 2021 9:02:59 PM
IPO Mentor (900+ Posts, 900+ Likes)
SEBI introduces T+1 settlement cycle for stocks on optional basis.
SEBI on September 7 introduced T+1 (Trade plus 1 day) rolling settlement cycle for stocks on an optional basis. The new rule will come into force on January 1, 2022.
Stock exchange can choose to offer T+1 settlement cycle on any of the scrips to all stakeholders -- including the public at large -- after giving advance notice of at least one month regarding the change in the settlement cycle.
As news at different sources the shares are likely to be listed at more than 25% in present situation. Lot of changes have been noticed after the closure of this IPO. All the best to the people who are going to get the allotment.
Anyone know can I register third party ASBA in Bank of Baroda net banking? Earlier I did so many times but now when I am entering the details, PAN number of account holder is already freeze (just like HDFC/ICICI net banking).
When did they changed it? I have registered many investors before and I still can apply for third party ASBA through it. It''s just I couldn''t register new one.
242.3. Ankur Goel| Link| Bookmark|
September 3, 2021 5:03:17 PM
IPO Guru (1100+ Posts, 500+ Likes)
Press f12 when you are on add investor page. Search for pan shown in page and replace it with s Desired one. You will be save new investor by this trick and it will be available while you apply ipo.
@MApatel on the page where account holder''s PAN number is freeze, Press F12 key -you will get editable webpage -search on the webpage with existing PAN number -replace with the one which you are going to update -close the webpage and its done, old PAN will replaced with the new one, after that you can enter other investor''s details like name and BOID.
@MApatel on the page where account holder''''s PAN number is freeze, Press F12 key -you will get editable webpage -search on the webpage with existing PAN number -replace with the one which you are going to update -close the webpage and its done, old PAN will replaced with the new one, after that you can enter other investor''''s details like name and BOID.
@ avenue.. nope. Sold it at 128.. completely happy with it.. i know now its gone too far
241.7. sdz| Link| Bookmark|
September 3, 2021 3:48:22 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Noorul...All the best
I even forgot till 3.30pm market close that today is last day for applying in this IPO. I''m that much cutoff within 2weeks 😄 today busy selling Reliance and Zomato in parts and they breakout 🥴
@sdz.. u didnt applied in it.. These subscription number is too good.. beyond anyone expectations.. it will surely list in green.. chemical sector is on boom moreover size is not that big.. i was confused till last night but today morning made my mind to go for Ami skip vijaya as it has facing a dark side of krsnaa..
Applied for Ami 440 lots. In the morning I wasn''t expecting such subscription figures but still went with my gut of submitting offline application. Subscription is much better than what I expected.
241.10. lokes| Link| Bookmark|
September 3, 2021 8:01:21 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@sdz: finally zomato touched new high today....you sold all today or still holding ? i am still holding
241.13. lokes| Link| Bookmark|
September 4, 2021 10:17:57 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: I have applied from all retail accounts and hni also.... For vijay diagnostic, I applied two retail applications via upi , mandate still not accepted, may accept one or neither....
@ lokes.. i think u should skip vijaya.. no such interest in market so far for d issue.. if its list in green than high probability not more than 5 percent.. better to avoid.. on other case it will join d group of cartrade.. nuvoco.. aptus. Time to b more cautious in ipos.. make sure greed don''t control decision making power...
@lokes I have a nice bag of Zomato shares and I''ll probably hold onto it for a few decades as I expect this multibagger to make an investment of 1L to 30-50L. As for Vijaya I am skipping it as the valuations are exorbitant and not justified.
@noorul totally agreed. Cartrade was a disappointment considering it was an internet company.
@ mog.. As per my perception the only problem wd a cartrade is that its a profit making company.. if it''s in loss then the story would hve completely different.. in that case the portion for retail investor would b in the 10%. And no such selling pressure was there on listing day... The only problem with retailers is that if ipo giving 1k loss they react as if sky fallen today.. its my personal opinion .. may b many not agree wd me..
@noorul I agree with you 100% Most of the retail investors just apply for listing gain frenzy and when they incur a notional loss of 1-2k, they panic as if the world is coming to an end. If Cartrade had 10% retail quota, the current situation would have been different
There are two kind of winners in stock market 1. Fundamental based investors, 2. People who can outsmart others.
Best is who follows a combination of both. Pandemic has produced so many new comers in category 2 that stock market dynamics itself is changed. Even experienced investors are forced to continuously adapt to changed market dynamics. In a nutshell, in a stock market money goes with much faster speed than with it comes to investors. Invest or trade judiciously and within your risk capacity. Market is at its peak, despite multiple headwinds. Be cautious.
Regarding premium of IPOs, it varies from broker to broker and Guru to Gurus and persons to persons. I want to quote an example of July 16. The IPO was LT Info. Views were different on premium. The issue was full OFS and Rs 1 share at Rs 710. Rs 10 discount to retail. The issue was subscribed more than 7 times. Unfortunately the share listed below issue price I.e. Rs 668 or near. There after comments started. At that time one Mr. Carn Mohan. an IPO Guru suggested to exit LTI and buy Snowman Logestic (internal news). Not blaming anybody. Sometimes people have news and they share with others with good intentions. But nobody knows. Now where is LTI and where is Snowman. I am holding both the shares. Just sharing the facts. Share Market is not a toy to play. Always play safe according to your capacity and risk appetite. Nobody is right and nobody is wrong. Only your time is right or wrong. Hoping a good listing of Ami in today''s circumstances.
Very good practical answer and that is the way of life to earn profit or lose profits. Myself got allotment of LTI and with panic sold for loss. We must blame for ourselves. Speculation itself is very risky hence play the game with full satisfaction instead of exit early with listening to rumors.
Irctc is a risk free blind buy and enjoy one way up move only never seen any downward even after bad results qtr to qtr.....so new player can still enter and ride instantly
233. PSR| Link| Bookmark|
September 7, 2021 11:53:07 AM
IPO Guru (1200+ Posts, 700+ Likes)
Tamilnad Mercantile Bank files DRHP with Sebi for Rs 1,000 cr IPO The IPO will include an issue of 15.83 million fresh equity shares at a face value of Rs 10 each and an offer for sale of up to 12,505 shares by promoters and existing shareholders.
Offer for Sale constitutes less than 0.1% of the total issue.
The above post is only for information and do not relates this issue.