Can anyone tell me how many lots I should be applying for, to get at least one lot under HNI category? Currently I have applied for 28 lots under HNI category.
280.1. DBJ| Link| Bookmark|
August 11, 2021 3:44:28 PM
IPO Guru (1300+ Posts, 2000+ Likes)
at least more than 40 lots as per current HNI numbers
Is it possible to apply against your linked FD balance in HDFC Bank asba. I was able to apply with my linked FD balance in Kotak Bank for devyani. However it shows insufficient balance while applying from HDFC Bank. My FDs are linked to the savings Bank account that I''m using to apply.
279.2. Chem cho| Link| Bookmark|
August 11, 2021 3:30:09 PM
IPO Guru (2500+ Posts, 2700+ Likes)
Over draft balance is not allowed , you should have clear balance in HDFC saving acount ie Rs 15000 or trasfer funds to other saving account from hdfc bank
In HDFC 3 in 1 Accounts, there is a facility called Sweep In FDs... With that, there is no option to apply cos HDFC Sec reads just the clear balance. This I have checked myself. I used to exploit a loophole as I had multiple accounts in the name of the family with sweep in FDs. So from A, I used to send say 1 Lakh to B... Apply from B... And then return the amount to A.
Also, I have been told by others that if u take a dedicated OD against any FD, then your account balance is shown accordingly and then you can block the amount with HDFC Sec. This I haven''t verified, so can''t say for sure.
278. Chem cho| Link| Bookmark|
August 11, 2021 3:38:16 PM
IPO Guru (2500+ Posts, 2700+ Likes)
The Bombay Stock Exchange (BSE) on Wednesday clarified on the new additional surveillance rules that intends to curb excessive price movement in securities listed on BSE trading platform. Midcap and smallcap stocks made a smart recovery post the clarification after trading with cuts from the past two sessions.
BSE in a circular on Wednesday that in partial modification and supersession of the Exchange circular dated August 09, 2021, the following clarifications are being provided to simplify the understanding and implementation of the framework that the said framework is applicable to BSE Exclusive securities in groups viz. X, XT, Z, ZP, ZY, Y. Also, securities should have a price of Rs 10 and more (as on review date) and the market capitalization the security should be less then Rs 1,000 crore.
''As per the additional clarification provided by BSE (restrictions applicable only on securities priced more than 20 rupees & market cap of less than 1000 cr), these restrictions will affect only a handful of stocks and hence the knee jerk reaction that the market has seen in the small & mid cap stocks in unwarranted,'''' Divam Sharma, Co-founder of Green Portfolio, SEBI registered Portfolio Management Services said.
These price restrictions will discourage price maniuplation leading to less volatility. Retail participation has increased significantly in the last 1 year and it is important that they be protected from such manipulations. The restriction limits seem reasonable and any good company with long term wealth generating potential will not be significantly affected by them, Sharma added. Exchanges in consultation with SEBI, have introduced various surveillance measures such as Graded Surveillance Measures (GSM), Additional Surveillance Measure (LTASM), Short-Term Additional Surveillance Measure (ST-ASM), Trade for Trade (TT) etc.
''''In continuation with our endeavor to maintain market integrity and curb excessive price movement in securities listed exclusively on BSE Trading Platform, a need has been felt to further strengthen the extant surveillance measures. Accordingly, a new surveillance framework viz. Add-on Price Band Framework is being introduced by the Exchange for securities listed exclusively on BSE Trading Platform,'''' the August 9 circular had said.
Accordingly, the shortlisted securities, shall have 6 monthly, 1 yearly, 2 yearly and 3 yearly price band in place of weekly, monthly, quarterly price band.
The August 9 circular did not mention the stock groups after which the broader market witnessed a sharp sell-off, therefore, to clarify the same, BSE issued a new circular today in which it mentioned the groups for which the framework is applicable.
3000cr ipo and retail is 50%. May be this the reason for 3x retail.
274. Chem cho| Link| Bookmark|
August 11, 2021 3:26:43 PM
IPO Guru (2500+ Posts, 2700+ Likes)
BSE clarifies on new additional survellance rules hence midcap and small caps recover The Bombay stock exchange BSE on wenesday clarified on the new additional survellance rules that intends to curb excessive price movements in securities listed on BSE trading platform MIDCAPS and Small cap Stocks made a smart recovery post the clarification after trading with cuts from past two sessions .
Those who are active in Stock market, may be knowing the history of Gland Pharma. It''s ipo was just oversubscribed and gmp was very less too. All Pandits were saying negative to subscribe it. But one can watch it''s performance and market price.
271. arunARUN| Link| Bookmark|
August 11, 2021 3:22:48 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Must apply single application both IPO max. risk 5-10% If you are not taking 1000 rupee risk than stay away from market. Midcap index fully recovered traded flat so take some risk and apply.
100% devyani aur krishna ka rs. Release hone ke bad niche se demand aayegi...
Go For Car trade... 🔥
268. DBJ| Link| Bookmark|
August 11, 2021 2:59:02 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Applied with limited capacity 5 applications. Also applied in novoco with UPI option, will only accept mandate if QIB cross at least 5 times and HNI remain below 50%.
Missed review from Rajakumar Sir for all 4 IPOs, so i am taking very limited risk.
267. DuckkyDuck| Link| Bookmark|
August 11, 2021 1:55:22 PM
Top Contributor (200+ Posts, 200+ Likes)
Anyone facing issue with ICICI direct login? I am not able to login. No error coming, just redirecting back login page even after correct credentials.
Applied from all my accounts, expect good return in 2-3 months time , once this negativity surrounding IPOs settles , If you have any doubt just look at the solid anchor book that they have.
I m going for car trade.. 1. strong anchor book. 2. The business is in profit. 3. Unique model. Car trade has no listed peers.. these days market love platform business.. 4. Ones it had good Gmp. In market we never know when the sentiments can turn around. 5. In this script.. i believe in Greater Fool Theory..
P.S. I m not suggesting any one .. throw ur dice only if u can bear the loss.. Blessing..
Changed my strategy. Was going for 100 lots(keeping the uncertainity and not sure abt final figures) but now applying FF thru retail from all accs via upi mode and accepting mandate as per subscription figures only.