Those who are using kotal bank online ASBA account for applying IPO, can you please tell me if I can apply for NSE SME IPO for kotak bank website itself without having kotak trading account ?
858. MINTO| Link| Bookmark|
July 6, 2017 6:53:08 PM
Top Contributor (400+ Posts, 400+ Likes)
Septa sir, Please tell what strategy on after listing?
How to increase chances of getting IPO allotment ??
1. Open your family and friends demat account
2. Apply IPO through ASBA online you can apply 5 (or even more depending upon banks) application through same bank account
E.g If ipo get oversubscribed by 5 times and allotment ratio is 5:1 there is a chances of getting 1 lot from this 5 application
3. Another method will apply if ipo register is linkintime download blink linkintime app on your Android and register it and there is option of adding investor add all family and friends dp details maximum u can add 10 application . E.g If ipo is over subscribed by 10 there is chances of selected 1 application out of 10
This all trick will work when registar is linkintime
What is this? Got nothing even after applied for 10 lots. Issue was subscribed by 3 times for retail. Still no allotment for 10 lots application. It looks like a new ipo scam or what which was happened few years ago.
It dos not matter how many lots you applied for.. Dont waste money by applying more than 1 lot. Applications are allotted one lot on a lottery basis. Even i came to know this change in rule very recently as in between i was away from the IPO market.