Is HNI allotment made from the NII category with 15% reservation? Can one apply under two different categories: RII ( 2lac ) and NOH/NII: Rs > 2lac? Or this would result in rejection for both subscription?
274.1. Johny| Link| Bookmark|
December 20, 2017 11:37:03 AM
IPO Mentor (700+ Posts, 1000+ Likes)
HNI is part of NII without any separate reservation. No. Two applications cannot be made for same pan/demat. They will both be rejected irrespective of anything.
1 PAN 1 Application. If applied more through different DEMAT accounts all will be rejected. So withdraw multiple applications. Keep only one application in action.
May I know from all experts, can I use different PAN for apply in my demat , I have 2 demat account so my PAN already used, I want apply this ipo in my second demat with others PAN,
264.1. Johny| Link| Bookmark|
December 20, 2017 9:43:20 AM
IPO Mentor (700+ Posts, 1000+ Likes)
if you Apply online then you can revise the application for revise lot For ex: if you apply for 1 lot now you can revise the application and change no. of lot
You can revise application simply by editing number of lots, if it''s online application. As per allocation rules, as the IPO is heavily subscribed it''s difficult to get multiple lots. Even if you apply for X lots, there are few chances to get allocation. Even if you got allocation, it will be only one lot.
Please confirm minimum and maximum application limit of NII quota. Is any individual eligible to apply under NII quota, if eligible and applied , what will be the allotment criteria and post listing trading eligibility, any special rules like that.... I have been applying under retail category only till now.....Thanks