I applied 1 lot of Clean Science IPO through ASBA of Union Bank account and Allotted a single lot but Money deducted from bank account two times. Can anyone suggest what to do to get the money refunded ? Should I approach the bank or Registrar ?
I Apply all 7 family member different pan & different bank account through SBI online asba service application status are succes application number also generate but kfintek & linkintime both are show error where is problem any body can answer
Bhai isko jaan se pyaara bana rakhna .Time frame kam se kam 10 years lagao isi bhool jao ki aapke paas yeh share hain .I desperately wanted Clean science allotment but mujhe nahi mila .I will give u few examples i saw my ccolleagues using zerodha and taking about stocks everyday i got curious and next 2 months started to understand markets and than i also opened account in zerodha in the month of NOV 2020 .Below is my portfolio 6 months ho gaya shares buy kare just see the price at which i bought and CMP SNO STOCK QTY BUY PRICE CMP 1 DB REALTY 35 8 29.80 2 DOLAT 120 45.37 104.85 3 J&K BANK 195 25.60 38.45 4 MTAR 26 575 1484 5 NCC 5125 68.55 92.45 If u give time it will give good returns .Most important is the entry price aur aap ke case main what better than issue price of 900 .Hold
I applied with 2 applications in both clean energy and gr infra, for me and my minor daughter from my own sbi account using asba. Bids were submitted and application I''d were generared. Now when I check the allotment it says PAN not found for both IPOs for both of us. Hold is not yet removed by sbi. My daughter was allocated shares in Dodla dairy and I used my account only to apply. I verified details everything is correct. Don''t know what''s wrong.
It seems a big game is going on in allotment. Some of my friends are not getting any allotment since last 1 or 2 years. Some brokerage houses are prefered in allotment and some brokerage houses are left out it seems. Sebi should make public the process of allotment.
How many retail applications required and how many came.
Over subscription lottery . You are saying from 1 or 2 years not allotting But some of my friends applying 2011 onwards but still not allotted any good IPO they applied . But they don''t blame anyone
You are talking about 1-2 Years, I have not been alloted since more than a decade when the registrar is Linkintime. While usually gets allotment in Kfintech.
Say your friends you may not get alloted in next 8-10 Years!!!
Use multiple accounts for subscription (family-friends-emplo. etc.) And bid for 1 lot only with cut off option You never know when and whose luck gonna favour to you
@harit ji, with all due respect to you, I agree with @tnk, some brokerage houses are preferred over others, that''s the fact. I have friends, who apply 4 apps every time (no matter how much RII subscripion is), they always get like 1/4, 2/4.. I mean seriously almost every time. And in my case, I consistently applying 6/7 apps with different accounts, hardly any allotments.
May be you are also right, physical applications are getting preferred over ASBA/UPI, but isn''t it unfair?
Dear techuser I never said physical over online, It is just for my case. Your friends example same as mine, i got 1/2 allotments out of 7/8bids most of the time but It comes with different family members'' name (not every time 1 or 2 person get alloted again n again)
It''s random
We can''t change system but to accept it.
I don''t think there are any human efforts in current process (all computerized)
One member of my family got laxmi org.after mahindra logistics.(long gap) Not even irfc!!
my grandparents got very good scrips like Dixon,amber,irctc, happiest,mtar and now cst.(don''t find any logic) As I said These are my observations "Don''t wear befitting cap"
@Harit ji, sure I agree with your points. I''m sorry, if I''ve put it in a wrong way.
But, my concern is that, when you see someone is getting every time something like 1/4, 2/4 etc.. and when your figures are like 0/4, 0/5, 0/6, then you think, is it really random? Someone is getting always something, and someone is always getting nothing? But anyways, as you said, we can''t do anything with it, may be that''s called luck. May be next, I could try physical applications instead of SBI ASBA and UPI, just in case it changes this so called "luck" (or may be superstition :)?).
Apart from this, I''ve got a huge respect for you, and I''m following you in this forum and other experts. And I''m really happy that you''ve got an allotment, and wish you a best of luck for the bumper listing! Stay safe and healthy!
Thanks techuser And I am still learning,i made many mistakes past but got something to improve my knowledge And yes Try physical avoid sbi and upi Carefully check all the details Use 1st holder name only Recheck all kyc in bank as well as brokers end Link your aadhar --pan--mobile For a Change ,switch bank if possible God will bless you and your family with lots of money Keep faith in your luck
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July 15, 2021 9:00:51 PM
Top Contributor (400+ Posts, 300+ Likes)
If your name in PAN CARD, Bank Account and Demat Account is different then you will not be allotted shares. I got 3-4 IPOS by just appplying one lot with one account this year. Either through kotak or icici. Dont use discount brokers for IPOs.
I applied with 2 applications, for me and my minor daughter from my own sbi account using asba. Bids were submitted and application I''d were generared. Now when I check the allotment it says PAN not found for both of us. Hold is not yet removed by sbi. My daughter was allocated shares in Dodla dairy and I used my account only to apply. I verified details everything is correct. Don''t know what''s wrong.