If I apply for SHNI but don't accept the mandate, and then apply for BHNI through ASBA, will my application be considered for allotment or will it be rejected due to multiple application?
96.1. Paymzia| Link| Bookmark|
February 6, 2024 9:58:29 AM
IPO Guru (2400+ Posts, 4500+ Likes)
There are plenty of new user added here. Requesting you please check you basic query in google or CG old post. If satisfactory reply not available then ask here. @Admin @ Chittorgarh.com Please park/archive all general query other than this specific issue.
91.3. AryanRaj| Link| Bookmark|
February 6, 2024 8:33:41 AM
Top Contributor (600+ Posts, 100+ Likes)
@Skavinab Rbl, hdfc and kotak confirm provide asba. Heard indusind, equitas too provide asba. If rating of how soomth, will rate rbl as 8, hdfc as 6 and kotak as 4. Because rbl process is very easy though I have not opened but had visited them this saturday, interbanking is given and account is self owned (age 12). Plus no need of guardian if kid is 12 or more. Else guardian. They open under guardian for 10 or below. In hdfc it is underguardian. Hdfc i read here that some faced no issue while some struggle. Kotak is most troublesome which confirm provide asba. You need to first fight with sales team who hardsell high value variants or insurance or deposits. Then linking of pan is troubling. Then one has to give asba form to link demat to kotak as one cant themselve input asba details. I got indusind credit card last week and the paper collection guy told that they provide internet banking to minors too. Even equitas agreed to give internet banking but i had no time to go to that branch o/w would have opened in equitas. I have opened a general saving account for my son at pnb and they provide internet banking, even got bls shares in 1st attempt using pnb. Also used indian bank as upi for son from more than a year i guess. I hope this helped you best way.
Can anyone please confirm if Kotak provides online ASBA facility to minors just like guardian. I heard they need physical ASBA form for one time demat registration and after that I can apply ipo online. Does any one who have minor account in kotak confirm please ??
Not applicable online You may apply on call customer care and visit home branch
89. HappyToHelp| Link| Bookmark|
February 6, 2024 8:31:01 AM
Top Contributor (400+ Posts, 200+ Likes)
🤔Markets at All-Time Highs: Sell, Hold, or Buy?
🤯Markets are soaring, and the FOMO is real! Should you cash out and wait for a correction? ✋
❌ Maybe not!
💡Here's a reality check:
1️⃣Exiting is risky: If you sell now, you might miss out on potential gains if the market continues to rise. Trying to re-enter later becomes uncertain and could result in lost profits.
2️⃣Focus on goals, not FOMO: Sell only when necessary, aligning with your financial goals, rather than reacting impulsively to market trends.
3️⃣Regularly reassess and rebalance: Check your investment mix periodically and make adjustments based on your overall financial strategy.
4️⃣Avoid impulsive decisions: Making hasty moves in a high market can lead to costly mistakes. Less trading generally reduces the risk of errors.
👉🏻In essence, investing is a long-term endeavor.
👉🏻Keep a calm approach, adhere to your plan, and steer clear of emotional decisions.
The subscription figures are quite positive on very first day. The final figures on last day need to be seen. Effect of Covid is is seen in f y 21 and there after also. But from f y 23 it has improved a lot. This year likely to remain the same. Old hotel with so many years of experience in hospitality sector is a positive factor. The other positive factors are : 1. It has built hospitality brand through product innovation and service excellence to attract customers through a diversified and holistic offering. 2. High occupancy rate and Revenue Per Available Room ( REVPAR) with a strong financial and operational track record. 3. A diversified pan India portfolio of owned, leased and managed hotels are strategically located across metros and emerging cities. 4. High Food & Beverages (F&B) and entertainment contributions add to stable and non-cyclical earnings while complimenting the hotel business. However, the pricing seems to be on higher side, but negative listing is not possible in present circumstances. Predictions for next days are however not possible. No doubt GMP is on decreasing trend. But uptrend can't be ruled out. To be on caution mode is aways better. Investors now these days are not bothered about outcome, seems from today's subscription figures. Do some own home work also before investing. These are my observations only and neither an invitation to apply nor not to apply.
@PKRAJ Ji..Good Evening !! Thanks for providing your valuable views.. Rightly said, caution mode is always better.. All the best for BLS listing tomorrow 🙏
Looking at fundamentals and analysis, I doubt this will list on discount. But again, my analysis worked for Medi Assist and failed for EPack Durables :-(
Experts plz advice me, I will apply first time in SHNI category, but I don't know that which category I have to select while applying through union bank internet banking
81.1. arunARUN| Link| Bookmark|
February 5, 2024 7:49:59 PM
IPO Guru (1900+ Posts, 1600+ Likes)
HNI category and take minimum number of share in that category
*OFF TOPIC* I want to open minor Saving account which Bank gives allowed for ipo Application for minor. Please suggest...... Please suggest brokers name as well as.. Same Day Sell service available broker??
@TechSuz I have minor bank account opened with HDFC bank which allows IPO application through guardian netbanking and have demat with Zerodha - they do allow to sell shares but not to buy..