I logged into my PNB ASBA around 4.50 pm. It was still showing BANDHAN BANK in option of current issues. So I applied and my application got submitted successfully with ACCEPTANCE showing "YES", but the header says application after 3pm won''t be entertained. It''s confusing coz when after 3pm no application shall not be entertained then it shouldn''t show "Bandhan Bank" under "Current Issues". What does it actually mean? Please someone help!!
Most of the times PNB asba doesn''t remove the IPO after their 3 PM cut-off time. Interestingly you can apply successfully, but its not entertained. Money is blocked but application is not submitted to exchange. But sometime due to technical issues, it does get processed luckily even after 3 PM. So its a mix of things, sometime gets processed sometime not. I stopped using PNB asba long back as its very cumbersome and buggy.
Aren''t you dealing with PNB?...Warnings and disclaimers must become their way of life if you ask me...I mean they must at least pretend to have turned extra cautious after the recently earned fame and glory...
Yes sir, lien has been marked. I first logged onto BOB, but there it wasn''t showing BANDHAN BANK under the issues. So I logged onto PNB, there it submitted the application alongwith Lien Marked ! Surprising! I don''t know what will happen? When will I get to know if it is indeed rejected ? Coz now I have funds blocked as well as my free balance now shows Rs 2,500.
Inspite of strong recommendation from several group Members Retail portion fail to subscribe one time even. Ppl will regret one more time after HDFC. I applied few lots as I said earlier but now regretting for not applying one big application as retail portion is not fully subscribed.
I thought of applying 2 lots, but opted for 1 as some good IPOs forthcoming and market sentiment, might be able to buy some off secondary market later on big corrections...
Also, RII will be fully subscribed in terms of apps till midnight (offline apps included).
At 4.25 Retail 9.62 lakh application revceived. As per my calculation for retail at the end will get 1.1time subscription. So every one will get minimum lot. If subscription below 10.4 lakh then, extra share will be given proportionate basis.