I try to fill one lot through hdfc net banking and amount come after retail discount is 12320 but massage display that minimum 12720 and maximum 200000 require. Now how to fill through hdfc bank account
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July 27, 2017 8:02:22 AM
IPO Mentor (900+ Posts, 700+ Likes)
Do you feel no of applications will not cross 19L or it may cross 21L ?
In CDSL people were crazy as they are in CSL. In CDSL application rate was near 500 and few persons apply and sell for kostak when they get kostak above 1000.
Hello, good afternoon everyone, Actually this is my first post and am new to IPO things, have one query that If I apply for this IPO using single demat account from single bank account for two lots then will be there less chance to get allotted that is does it differ for allotment chance if apply single or double lot using same bank and demat account ?
Some one please guide: I''ve opened a demat account with 2 different broking firms with same PAN. Would my IPO application be considered if I apply from both these accounts? Or will it get rejected because of same PAN even if accounts are different.
One of my colleague applied for AU small finance bank IPO from his 2 DMAT accounts. when he told me the same, even I thought and told that his both applications will be rejected. But to my surprise, when he checked allotment status in Linkintime website, he didn''t see status as "Records Not Found" which we usually saw if the application is rejected. But the application was processed it seems. From then onwards, he is applying in his 2 DMAT accounts ignoring my advice not to apply in 2 DMATs with same PAN. Anyways, will try to get application number from him and confirm if there is any change in SEBI rule.
Thank you all for your suggestions. @PavanM: Kindly do confirm, possibly before CSL close date. It would be great news if we can apply from 2 accounts with same PAN.
DONT APPLY WITH MULTIPLE ACCOUNTS HAVING SAME PAN..! You valid application will also be cancelled...don''t believe anyone saying otherwise..this is going to be a huge IPO..so they want to increase their chances of getting allotment..! For the sake of getting multiple allotment, you will not EVEN GET ONE.
Hi Money Mafia: I''m very much sure that having 2 or more demat account is not crime. My understanding is based on the information available on SEBI website. Please let me know your source of information. 1) Go to SEBI FAQ section: http://www.sebi.gov.in/sebiweb/other/OtherAction.do?doFaq=yes 2) Select the FAQ for ''Depository Participants'' 3) Refer answer for question 28.