I applied for this ipo at 1:00 am at night but Sharekhan demat account gave me message that it''s a after hour bid will send the mandate at trading hour, is it ok or my application will be rejected.
Retailer are mad to subscribe such bad issues too. This company has left nothing for investors. No growth Nd too expensive. One should cancel application to avoid huge loss
I am applying in this IPO. It is a 1500 cr revenue co. Earing decent profit. On the other hand look at Nazara Technology. Loss making co. Future prospect is not certain. I am not applying in it just because it is backed by Rakesh Jhunjhunwala.
Will apply only if QIB NII quota has decent subscription data , GMP is negligible but can take chance for 25% listing gain if this issue is supported by QIB and NII.
I wanted to apply for Laxmi IPO through SBI ASBA. But even I heard that LINKINTIME rejects 3rd party applications through SBI? Can anyone clarity this please
Link intime will definitely reject third party applications I was suffered in glandmark which was firm allotment. Don''t apply third party where link intime is registrar
I just now had a word with a manager at LinkIntime via their customer care number. He informed me that any Registrar will not have the authority to reject any applications. All they do is to display the allotment status of any IPO. He also told me that the authority to allotment and rejection completely lies with the Bank and Exchange. If our Bank allows 3rd party applications, then our application would be eligible itseems. Once the allotment is done, they will be receiving the data of allotment and then they display in their site itseems.
But I was enquire at link intime and they told me that my application is rejected due to third party application. I don''t know who is authorised to reject or accept the application but my application in gland was rejected due to third party application.
I was applied many time third party applications handled by kfintech and also got allotment but in link intime, they always reject third party application
64.10. Splendid| Link| Bookmark|
March 16, 2021 4:13:29 PM
Top Contributor (300+ Posts, 100+ Likes)
@Vijay M Agrawal
You applied from RBL Bank thats why It got rejected because RBL bank does not allow 3rd Party ASBA. Apply from SBI. It wont get rejected..
RBL Bank is allowing multiple applications still today you can check it
64.12. Splendid| Link| Bookmark|
March 16, 2021 7:11:29 PM
Top Contributor (300+ Posts, 100+ Likes)
RBL Bank is allowing I know but you cannot get 3rd Party allotment in RBL bank as when you get allotment they rejected.
64.13. Kishore S| Link| Bookmark|
March 16, 2021 7:37:18 PM
Top Contributor (200+ Posts, 100+ Likes)
While applying, RBL bank displays a note at the bottom that third party applications may get rejected. To be on safer side, dont make any third party applications whether it is RBL or some other bank.