214. Agrawal S| Link| Bookmark|
April 5, 2024 2:00:15 PM
Top Contributor (800+ Posts, 200+ Likes)
@GrayIsTheNewBlack@MAMU Sir, By mistake i have made both retail and shni application from different DMAT account with same pan. Has not approved UPI yet. Can i cancel one and retain other, preferred SHNI.
You should not approve the mandate relates to retail application and approve SHNI mandate application if still you r in dilemma then cancel both and apply fresh SHNI application..
@Agrawal S - If you have not accepted both the mandates yet, the applications will be auto cancelled. Whichever you wish to apply just accept that mandate and leave the other one as is.
@Agrawal S If you do not accept UPI pertaining to retail, application will get cancelled automatically. But ensure to approve mandate of sHNI one. Good Luck 🤞
@Agrawal S Just do not accept UPI mandate of retail application and you are all good 👍
214.7. Agrawal S| Link| Bookmark|
April 5, 2024 3:24:19 PM
Top Contributor (800+ Posts, 200+ Likes)
Thanks all the members, thats what i have assumed too. But glad you all confirmed the same, very helpful. Approved SHNI. And cancelled both retail UPI and application.
It happened in past also, but have never got allotment in such scenario. So was unsure. Thanks again !
214.8. Agrawal S| Link| Bookmark|
April 9, 2024 12:02:19 PM
Top Contributor (800+ Posts, 200+ Likes)
204. Seth.| Link| Bookmark|
April 5, 2024 3:02:38 PM
IPO Guru (1100+ Posts, 500+ Likes)
Applied full force by looking Airtel brand value and QIB plus Anchor investors extraordinary response. Risk : big size but out of 4200 cr , just 1100 cr in hand of retail and HNI , we can witness Mankind type listing here , let's see... Best of luck to All🙏
203. Not Smart| Link| Bookmark|
April 5, 2024 3:01:54 PM
Top Contributor (400+ Posts, 200+ Likes)
It is not mandatory for promoter company to offer quota for share holders or for employees. Secondly, here the objective is to facilitate exit to Govt. It is pure OFS and company does not receive any proceeds from the issue.