Mera sbi ka 1 account he. Mene us khate se 3 Demat me application ki he to koi problems he ? 1 account se kitane Demat me application kar sakte he ? Answer please
If I am wrong please correct me.. NII cost.. Subscribed 563 times... He applied 563 shares for allotment of 1 share.. 563×149=83887 7 Days cost on 7% interest-Rs 112
Friend Rs 112 for 1 share so total cost 149+112=261 List at 250 then go 350 . Buy on listing..
Dear Manishhind, 563times is just a fancy number, can''t be believe with closed eyes. Just like in Tejas and Eris, here also there is a chance that many application may get rejected for one or more reasons. Wait till allotment or basis of allotment.
I feel. application for 563 shares got one share if debit byasba for 563 simultaneously refund for 562 will be there the following day. Extra debit is maximum for a day. Interest must be for a day only
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June 26, 2017 10:05:13 AM
IPO Mentor (500+ Posts, 400+ Likes)
Hi Manish, I thought of applying in HNI this time, but based on subscription estimates of 500+ times and 50 Lakhs liquid cash requirement, I didn''t apply in HNI. Could you please provide few details like which broker your friend applied and what is the margin money he kept for CDSL IPO please. Unfortunately, HNIs who has to bear Interest cost on Funding amount cant make good returns in this IPO unlike DMART and might not get their break even price on listing day. Lets hope for the best. with recent IPOs like SChand, Primary market has become tough ride for HNIs also along with retail. For retailers, allotment has been zero due to good issues over subscribing 15 times and due to low allotment, HNIs unable to get break even price. Very sad that primary market has also became fruitless like secondary market except we invest in very good quality stocks and have lot of luck.