I applied CSB Bank IPO yesterday. But i didn't get confirmation mail and SMS. Normally i get that message night around 12am. Can you please suggest on this
To All market pandits and experts please answer my simple question - If i apply 1 lot in rii category will have more chances of allotment or 15 lots under rii will have high chance or equal chance of allotment? Do they have any difference or if i apply more than 1 lot will make my allotment chances lower?
Ur chance will be the same if u apply for any no, of lots.... its linked to ur pan... If u need to increase ur chances then tell ur family to apply for the same ipo...
@mak thank you for answering but my doubt is that I have heard that 1 lot has more chances instead of more than 1, is this true? Like suppose If I have funds I should apply for more than 1 lot instead of 1 so that If I get allotment I'll earn more?
As I know, it doesn't matter whether u apply 1 lot or more, the the issue is subscribed more than 1x applicationwise, the chances are equal for everybody irrespective of the lots applied.
Requesting to all negative people kindly don't share your ideas to this forum people have his own money and ideas u just stay away and sing song Bala Bala Bala Bala.......
IPO application for HUF category..... Anyone can apply for HUF with PAN no of HUF, DP and Dmat ID of HUF with status category as Individual from any SB account
HUF category also comes under RETAIL category if u apply for under 2 lakh application. so in hdfc bank apply normally direct from your linked HUF bank account.
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November 26, 2019 3:56:13 AM
IPO Guru (1200+ Posts, 700+ Likes)
No facility in the HDFC Bank Savings Account for making application in HUF Status.
HDFC Bank Savings Account is not recognising the PAN of HUF for making application, and on the otherhand it is recgnisng the PAN of Kartha. To be specific, the Kartha can apply in his individual capacity, with his own PAN, in HDFC Bank Savings Account, but not with the Pan of HUF.
Please clarify my doubt I have applied for one lot at cut off price via SBI ASBA Now can i apply for another lot via BHIM UPI method Will it be liable for rejection or both considered for application?
Hoping for a answer from experts in the ipo section...
Experts' take According to market experts, the issue is aggressively priced. CSB is going for the IPO mainly to meet the RBI's requirement of listing the bank. The bank has seen a steady decline in GNPA ratio. Exposure to NBFCs/HFCs remains sizeable
The bank has done reasonably well in its first phase of transformation over the past two to three years.However, the second phase of the transformational journey to take the bank to a new growth phase will be challenging.
At the upper price band, the IPO is priced at valuations of 2.4 times September 19 ABV (post money) for a sub-par RoA and RoE of 0.5 per cent and 3 per cent against some of its close peers such as South Indian Bank and Federal Bank that are trading in the range of 0.6-1.4 times
Risk Factors Bank has regional concentration in Southern India, especially Kerala. Any adverse change in the economic, political or geographical conditions of Kerala and other states in southern India can impact bank's results of operations