258. R R Patel| Link| Bookmark|
May 27, 2024 2:25:25 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Hello friends I’m holding 10 shares of Cochin Shipyard since IPO in my two family accounts but didn’t got 10 more shares in both the demat accounts after splitting it from face value 10 to 5 and record date was Jan 10, 2024.
Any one facing the same issue…
Called the icicidirect and they told me to contact registrar which is linkintime but no one is picking the call there.
Have you checked in your CDSL or NSDL account if split shares are credited there? If not, write a mail to registrar from official email id's of respective demat accounts with the details. Calling might not help.
Check with your broker. Generally brokers keep client stocks in their pool accounts. There may high possibility that your broker holding your shares in their pool accounts.
258.6. R R Patel| Link| Bookmark|
May 28, 2024 7:21:54 AM
IPO Mentor (800+ Posts, 3400+ Likes)
Thank you friends.
I have mailed the matter to registrar linkintime and broker icicidirect both n hope for early resolution.
@Agrawal S Great 👍 You applied, me applied and most of us applied - that's why it is heavily oversubscribed 😉 Let's see what's in store for us. Best Wishes to you for successful allotments 🍀
Sir, is this BHNI subscription. If this kind of IPOs subscriptions will come in BHNI , main board ipo. then is there any point in applying 1 BHNI applications?
254.1. Rajiv RR| Link| Bookmark|
May 27, 2024 6:01:06 PM
Top Contributor (600+ Posts, 100+ Likes)
Hope is the point, that 1 BHNI will get picked in the lottery :) 1 BHNI or 5 SHNI or multiple all depends on luck.
253. Prince 🤴| Link| Bookmark|
May 27, 2024 5:42:51 PM
Top Contributor (500+ Posts, 200+ Likes)
@Silent lion Bhai kaale bhega thavu che hu free chu ?
252. Prince 🤴| Link| Bookmark|
May 27, 2024 5:41:24 PM
Top Contributor (500+ Posts, 200+ Likes)
Hello Respected memebers @Rakcyt@Chhote Lal@Smile✍️ i have a genuine doubt regarding IPO application I applied 1 SHNI application from Zerodha, but the mandate failed as i did not have sufficient amount in the bank.The Zerodha shows "Submitted" the application to exchange but payment has not been done. Now I can't cancel the application as it is HNI and also can't downgrade it. My question is , Will the exchange treat My HNI application as being Submitted or not ? If i apply 1 Retail application from another Demat or ASBA will my new Retail application get cancelled or not ? Thankyou 🙏
@Krishnamurti You got replies from members. Nothing more to add. Good Luck 🍀
251.4. Rajiv RR| Link| Bookmark|
May 27, 2024 4:50:44 PM
Top Contributor (600+ Posts, 100+ Likes)
Your SHNI application will be considered, but rejected due to non payment while allotment. It had happened to me once. Retail apps, ideally with the same PAN, should get rejected too.. Recently in the forum for some1, it was not rejected. so try your luck..
@Rajiv RR Without funds, application will not be assessed. If another application with same PAN is made and payment completed, it will be valid and assessed in lottery.
251.6. Rajiv RR| Link| Bookmark|
May 27, 2024 5:10:10 PM
Top Contributor (600+ Posts, 100+ Likes)
@Vimal Garodia And other seniors, I an unable to understand, company continuously in loss, promoters pre bidding share is just 41%, Surplus is negative then how this high subscription? GMP? and even QIBs interest??? Should apply?? Pl reply fast..
@Shri Bappa Suggest review the RHP again, it is not too heavy on assets and different business model, returns are improving and markets mostly see the future potential. Anchor list is impressive and just check after 3 pm, QIBs will also join the party. However, one should thoroughly gauge own risk/reward quotient before taking call. Good Luck !
250.2. hbk| Link| Bookmark|
May 27, 2024 1:33:31 PM
Top Contributor (300+ Posts, 100+ Likes)
Company's valuation and hence, the price is based on future prospects. With WFH culture nearing its end, it has bright prospects. Also, losses are mainly due to allowances. Its cash flow is positive. Also, revenue is increasing and losses are decreasing since two years. But, at the end market is supreme. Hope for allotment and good listing.
@Shri Bappa Sorry, for the late reply, was really busy. I think Chhote lal and hbk has answered your query adequately. Also next time please read the post of Newgen consultancy on the last day of the IPO, it is really helpful.. Hope you have applied..all the best for listing..
Dear Members, anyone facing issue with Canara Bank ASBA? While I try to apply for IPO, I am getting popup message saying that, There is no Opened IPO present. Kindly replay to this query. @Chhote Lal , @Tejas Pandya ,@Smile✍️ ,@Palka ,@Rakcyt
@Gagz Aadhar QIB figures 45k cr but listed flat and currently giving only 5% return. Indengene QIB figures 70k cr but listed far below exceptions and currently giving 15% returns. on other hand Go digit giving 10% return with 10k QIB figure. so it proves that QIB figures are not Only good parameter to judge any IPO or listing. And this also proves that post listing action is not Depended on QIBs. Now days QIBs are become more like retailers who only apply in IPOs and eager to Exit on listing day it self and never look at back.
Please help.. I am not able to apply 14 lots which is comes under shni category.. at the time of submission.. getting error like that.. ..." Total investment amount should be less than 200000/-"
@Naughty ipo Bhai, Upstox se bhi issue hai, I checked it personally - it does not allow amount more than Rs 2L through UPI irrespective of bank you use.
Hni application can't be made with cut off price, Choose higher price band manually then it will be completed without any problem, in kite same prob also occurs when you forget to uncheck the cutoff price.
@Anupam singh It's not that. Like @Chhote Lal said Upstox doesn't allow HNI applications unlike Zerodha. They have mentioned it in their FAQ section as well. Use ASBA.
I submitted application for a retail lot in Zerodha (didn't accept the mandate). Due to unavailability of other account, I can go for SHNI. If I cancel my retail application and apply for SHNI and accept the mandate, will it be accepted?
@ROAR Retail application can be cancelled anytime before issue closure. You may put fresh sHNI application, it will be accepted once you approve the mandate.
@Chhote Lal Canceled and applied fresh SHNI, mandate notification received but when went to Phonepe only last retail mandate is visible not the SHNI. What to do ji?
@ROAR Wait for mandate, it can be approved upto 5 pm. For no hassles of UPI mandates, waiting, approving etc., consider applying through Bank ASBA next time.