YES YOU CAN APPLY UPTO 5 PERSONS IN SINGLE ACCOUNT
YOU HAVE TO REGISTER FOR 5 PERSONS ONLINE. THE INFORMATION REQUIRED IS NAME OF THE APPLICANT, PAN NO. OF THE APPLICANT, DPID & CLIENT ID OF THE APPLICANT. THIS IS ONE TIME PROCESS.
THEN WHILE APPLYING YOU HAVE TO SELECT THE NAME OF THE APPLICANT AND SHARES TO BE APPLIED
BUT IN MY PERSONAL OPINION I FEEL THAT A DIFFERENT ACCOUNT SHOULD BE OPENED FOR DIFFERANT PAYEES. THIS WILL BE EASY TO TRACK ALLOTMENTS ETC.
YOU CAN APPLY ANY BANK WHICH IS GIVING THIS FACILITY. BUT MY PERSONAL VIEW IS THAT AXIX BANK IS THE BEST. BECUASE THEIR SITE IS VERY FAST AND YOU CAN COMPLETE APPLYING WITH IN A FEW MOMENTS. SBI AND ALL OTHER GOVERMENT BANKS SITE ARE VERY SLOW AND IT TAKE MORE TIME.
HOWEVER IT DEPENDS ON YOU WHICH BANK TO CHOOSE. WHICH IS NEAR TO YOUR RESIDENCE AND IS CONVENIENT.
I THINK YOUR QUERY IS SOLVED. IF YOU REQUIRE ANY OTHER INFORMATION KINDLY LET ME KNOW
friends, So far at the end of Day 2, it is not seeing a encouraging subscription from QIB and NII. What to do, to go for it or leave it ? gem ipo finder, any last min thoughts ...?
As on 09-Mar-2010 16:00:00 IST Total Issue Size 13217151 Total Bids Received 14968800 Total Bids Received at Cut-off Price 2923520 No. of times issue is subscribed 1.13 ALL BIDS AT RS 80.00 Highly speculative, may command a premium based on the sexiness of the industry not real profit figures, like during the .com boom.
NMDC price is around 380 Retailer price for IPO:- around 333 chance of 100 % allotment is very high at today's price the application will give around 15k profit