HNI and big gems institution will play tomorrow in slag overs in this IPO & win the match. Mega subscription tomorrow. Listing will be 1001. Hold 1 week after listing. 1100 possible.
I think all new BSE shareholders will start trading in Base which will take BASE LTD close to NSE. By this IPO BASE will also get new customers to trade with BASE rather than NSE.
if dp account name and PAN card name is mismatch then chances for My application get rejected?
443.1. dpcdsl| Link| Bookmark|
January 24, 2017 12:51:31 PM
Top Contributor (400+ Posts, 200+ Likes)
If first name is same and you have a valid demat account number with same PAN, no rejection on ground of ''name mismatch'' as no matching of name done in IPO allotment process.
It has to be seen by DP, who may consider opening a demat account even if name differs with PAN, by taking additional ID proof in same name in which account is opened.
Only 20% reserved for retail. That means only 90 crore. I think retail investors will bid aggressively. Cutoff for retail will be high. After 5% discount and brokerage charges price difference is very less. Though long term it is good investment.
@Uchit i agree lately with cut off price introduce operators play to there advantage..... i still put a price bid at the lowest price if i get it fine if not i am fine. it is no use putting in cut off or higher bids....
BTW MOIL on it is own is good play on metals given the increase in price
@septa sir, just to clear my doubt . You said u put bid at lowest price . You mean at 365 ? I agree MOIL has sold mangenese ore at very high price this year which will reflect in their q3 numbers Thanks in advance
Septa Sir, You are absolutely right. No need to bid at higher price. It will be fine if we get at good price otherwise no need to worry. Open market is always there to buy. By the way MOIL is good for long term.
441. ShareView| Link| Bookmark|
January 24, 2017 12:24:42 PM
IPO Guru (2400+ Posts, 3600+ Likes)
bse & moil ofs both fully subscribed.
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440. dpcdsl| Link| Bookmark|
January 24, 2017 12:20:46 PM
Top Contributor (400+ Posts, 200+ Likes)
It seems that BSE IPO shall be 4 to 5 times over subscribed. What shall be better if one apply 5 lots (90 shares) or 5 applications for single lot through other''s name where one has to share 50% profit to the applicant in whose name application done.
I think 5 lots in own name shall be better if shares are to be sold. If selling in kostak, 5 application shall be better.
5 lots in 1 name can get you max 18 & min. 0 shares. While 5 applications in diff. name can get you max. 18 x 5 = 90 shares & min. 0 shares (with 5 times less possibility).
439. ammubutter| Link| Bookmark|
January 24, 2017 11:57:37 AM
Top Contributor (200+ Posts, 200+ Likes)
Hi. Friend. I am first time applying through ASBA using HDFC mited i have account india info line. Anyone suggest what to fill in Beneficiary A/C no and DP Id and how much characters are both them? Please help i want to apply using hdfc ASBA i am new.
Beneficiary Account has 8 digits. No characters In CDSL, First 8 digit is DP ID and last 8 digit is your Beneficiary Account. Total 16 digits In NSDL DP ID starts with "IN" followed by 6 numerics and the last 8 digits is your Beneficiary Account
Can any1 guide me as i am hdfc netbanking user, i successful applied online on hdfc security site, as my details of Name/pan no/ac no appeared automatic on site in first row of that table but how to apply for other 2 family members having joint account, I viwed 2 other boxes option on that for 2nd and 3 rd Applicants details, should i use that boxes leaving 1st line blsnk? Is it ok n valid?? Pl help me.