Cool Caps Industries Limited IPO Message Board (Page 5)

Yea..
since last month they have blocked CDSL applications. :|

This IPO is available on ICICI Direct.
I apply through it.

Dinesh bhai bat idhar 3rd party ASBA ki ho rahi hai, ICICI ne 3rd party ASBA bandh kar diya hai, only allowing ICICI direct customers

@Bhav,
why you using 3rd party asba?
why not using 1st party?

Dinesh bhai , mera matlab they are not allowing other than ICICI direct demat acocunt holder to use asba.

Like mera yes security ka account hai but there is no option to apply from my ICICI acoount for this ASBA

@Bhai,
why you are not applying directly from Yes security?
I have account with ICICI Direct link with ICICI Bank since last 20 years.
please close the account in yes security and open new account with ICICI.

Same issue for everyone. Mailed customer care. Usually ICICI customer care do not worry about ipo sections. We may not get positive feedback from them

I also faced the same problem.

dear bhav, shad, ram kumat. ICICI Bank ASBA is working. Go to invest online in icici bank netbanking. under invest online you can apply through asba.

In the last month, ICICI has changed the IPO application page, and have made only NSDL applications possible.
CDSL demat details option have been removed.
Not been able to apply for the last 3-4 IPOs through ICICI ASBA.

@CAAditya : its very bad news for icici cdsl asba applicant.

It's bad for both applicants and bank. They can't put DIRECT down under our throat. I was not able to apply in Shigan, so I transfered my funds to another bank and applied from there. Thankfully I realised it on time and taken action. Why keep funds in any bank, if you cannot use it ( IPO or any way).

One should close ICICI Bank account and move to other bank which provide this facility. It is high time that investors fight for their rights on their own and punish any company which un-ethically restricts banking transaction to protect their non-banking business.

I have already lodged email complaint with ICICI BANK - CUSTOMER CARE. Having not satisfied with the reply received, I escalated the issue with LEVEL-2 of ICICI BANK. As I am using CDSL Demat with Zerodha for ASBA applications through ICICI BANK, today I raised ticket to Zerodha also as furnished below. Let us see the outcome of my complaint.

Ticket raised to Zerodha

Sub: Failed attempts of my ASBA applications using my CDSL Demat with Zerodha through ICICI BANK ASBA (Net Banking) –Reg.

1) I use to apply for IPOs mostly under NII category and always through ICICI BANK ASBA (Net Banking) using my CDSL Demat with Zerodha and got several shares allotted and credited to my Demat A/c. I have linked this ICICI BANK A/c as my primary A/c for my trading A/c with Zerodha. As UPI method is for Retail category only, it is not suitable for me.

2) Of late, the ICICI BANK ASBA has stopped this facility of using any other Demat with any other Stock Brokers and restricted to the ICICI BANK DP ID only. So my ASBA applications, under NII Category, through ICICI BANK ASBA, for recently closed Shigam and SP Refractories SME IPOs, using Zerodha DP ID, have become failed attempts. There is no proper reply from ICICI BANK for my email complaint. Now I have taken up the complaint with Level-2.

3) Under these circumstances, please intimate me how to apply for forthcoming IPOs, through ASBA, under NII category, using your DP ID / Client ID.

4) I believe, the recent act of ICIC BANK for blocking ASBA IPO applications in respect of other Demats (i.e. other than ICICI BANK Demat) with other Stock Brokers (i.e. other than ICICI Direct), would be NOT IN ORDER in its capacity as SCSB (Self Certified Syndicate Bank). In fact, the ICICI BANK is blocking the business of other Stock Brokers and so this case deserves to be taken up with SEBI.

Very well done DEVbull, i also sent mail to ICICI customer care regarding smae.

It seems, the Zerodha is having ready made reply to my query. They have replied within half an hour as below. They are just suggesting me to go for some other bank. Its seems they will not take up the issue with SEBI or ICICI BANK even though their business is affected.

“As per your query, this is the issue from ICICI bank and as you know you will not be able to apply for an IPO in the HNI category through Zerodha using the UPI ASBA process on Console. This bidding process is only available for investor categories where the application size is limited to 2 lac rupees (i.e. retail and in some cases the shareholder category).

You can still apply for an IPO as an HNI through the net banking ASBA service provided by your bank and this is not mandatory that you can apply only from the linking bank account with Zerodha. If you are facing the issue in ICICI ASBA and if you have any other bank account which provides ASBA facility then you can apply the IPO from that bank account also. Click here to see the list of SCSBs (around 56 banks)”

1) It seems, the Zerodha is having ready made reply to my query. They have replied within half an hour as below. They are just suggesting me to go for some other bank. Its seems they will not take up the issue with SEBI or ICICI BANK even though their business is affected.

“As per your query, this is the issue from ICICI bank and as you know you will not be able to apply for an IPO in the HNI category through Zerodha using UPI ASBA process on Console. This bidding process is only available for investor categories where the application size is limited to 2 lac rupees (i.e. retail and in some cases the shareholder category).

You can still apply for an IPO as an HNI through the net banking ASBA service provided by your bank and this is not mandatory that you can apply only from the linking bank account with Zerodha. If you are facing the issue in ICICI ASBA and if you have any other bank account which provides ASBA facility then you can apply the IPO from that bank account also. Click here to see the list of SCSBs (around 56 banks)”

2) Now I will wait for final reply from ICICI BANK

100 % avoid. agree

thnx, will skip this.

Can you please explain meaning of this 'subject-2 of Rs.4000/-'?