Here are some key timelines with respect to submission of application for the IPO under the T+3 system. Only electronic applications via 3-in-1 ASBA will be allowed till 5 pm on the T-day. T day is the day of closure of the IPO. Other individual electronic applications have a cut-off of 4 pm while for non-retail the cut-off is 3 pm. Physical applications will not be accepted beyond 1 pm on T day. For non-ASBA bank physical applications, the cut-off time would be 12 pm. Bid modifications will be accepted where applicable from bid opening till 5 pm on bid closing day (T day).
The T+1 day becomes a critical day for the IPO process. All third party checks on UPI applications have to be completed by 9.30 am on T+1 day. The finalization of rejections and the compilation of basis of allotment will be completed 6 pm on T+1 day. On the same day, the stock exchange approval of basis of allotment must also be necessarily completed by 9.30 pm on T+1 date.
T+2 day will be the last day for all processes to be completed. The first big step is the refunds and the unblocking of fund for non-allottees. For bank ASBA and online ASBA applications, the refunds must be initiated latest by 9.30 am on T+2 day. In the even of refund payment via fund transfer, such process must be completed by 2 pm on T+2 day. In the case of unblocking of funds for ASBA applications, it will have to be completed by 4 pm on T+2 day. Simultaneously, the demat credits must also start for the shares to allottee. The credit of demat shares will commence latest by 2 pm on T+2 day and the entire demat credits to be completed by 6 pm on T+2 day, so that all eligible allottees have their shares credited into the demat account. The allotment advertisement must be published by 9 pm on T+2 day so that it can be in the newspapers on T+3 day but not later than T+4 day.
203.1. Smile✍️| Link| Bookmark|
October 27, 2023 7:21:59 PM
IPO Guru (1800+ Posts, 1100+ Likes)
You are truly living according to name @Hope is life I thinks two lots from each are on the way. I hope market will stabilize till listing and all applicants enjoy positive outcome.
ok thanks sir honestly speaking most of times i apply/applied ipo on best of (nd limited) my knowledge i never applied ipo by gmp etc factors if u want to stay long in share/equity market u have to learn nd research ur self
always take decision by best of ur knowledge (without involving emotions),then left everything on time...
by this strategy i earned so much BUT SOMETIMES I BEAR LOSSES ALSO...
most recently i bought 2 lot KODY TECHNOLOGY SME ipo on listing day(not applied ipo but some research after allotment i see so many positive points)now i have so much profit 📈
means sometimes u r right nd sometimes wrong in share market
CAUTIONS ⚠️ - i have huge risk appetite nd huge liquidity so please don't follow anyone blindly (including me) thanks for reading long messages
203.3. Seth.| Link| Bookmark|
October 27, 2023 10:08:09 PM
IPO Guru (1200+ Posts, 600+ Likes)
@Hope is life I liked blue jet because zero debt and niche and leading player but current sentiments didn't gave me confidence though applied 1 retail and skipped hni apps.
Should we buy blue jet after listing for medium term? And can you elaborate how you define positive in company like high roce , debt free etc factor do you consider? And what strategy you follow for applying IPO? TIA
Applying here... Dont see the reason why I shouldn't.... Market is bad, but company, its product n market share are all looking decent. Shouldnt list in discount whatever the market. Even if it does, will hold on to it.
@The Nest Na buddy, better to accumulate🍡 on existing stocks.😉
196.21. PLAZA| Link| Bookmark|
November 2, 2023 9:09:32 AM
IPO Guru (2400+ Posts, 1300+ Likes)
Applied ff in bhni /allotted and sold / handsome profit
195. Rakcyt| Link| Bookmark|
October 27, 2023 6:22:00 PM
IPO Guru (1300+ Posts, 1300+ Likes)
It's going to give surprise looking it's position in nichhe market and product tie up for long term with biggies in he market like GE health which is leader in radio diagnostics ...let's wait and see
195.1. Rakcyt| Link| Bookmark|
October 27, 2023 6:25:38 PM
IPO Guru (1300+ Posts, 1300+ Likes)
189. Heathslayer| Link| Bookmark|
October 27, 2023 5:02:40 PM
Top Contributor (300+ Posts, 100+ Likes)
socha tha 10-15% GMP hui to Shni me daalunga but current market conditions me you never know listing flat yaa 3-4 percent negative ho jaaye. retail daalne ka koi matlab hi nahi banta. better to avoid.
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