Electronics Mart India Limited IPO Message Board (Page 35)

Can't find SHNI and BHNI in Axis ASBA. Any idea how to apply above 10 lakhs and below 10 lakhs, Thanks in advance

Select RII and fill number of shares.
If you fill shares corresponding to 1 to 13 lots it will be taken as Retail. And if the shares are more than 14 lots up to 67 lots, it will be taken as SHNI. If the shares are 68 lots and above, it will be taken as BHNI. You have to fill number of shares and don't tick cutoff for SHNI and BHNI. Instead fill amount.

In Axis Bank IPO application online, select category "RIIs (Individuals applying upto Rs.2 lakhs) and individuals/HUFs,Trusts etc applying for > 2 lakhs)" for both sHNL & bHNI.

Current GMP?

~28

Subscription expected
bHNI= 100×
sHNI = 75×
Retail = 25×

@Zub, I don't use Axis bank. Using kotak and yes bank. From dropdown select, HNI / NII or Individual investor above 2 Lakhs and then in bidding, do not select or deselect cut off price. Instead enter highest bid price. Try this, it should work out.

@trueinfo and @samjose Thanks
Much appreciated 👍

Guys, need some tips. I recently opened a minor AU bank account and minor dmat account. But the AsBa and UPI both not possible as AU bank falsely committed me that their system allow transactions and investments/ipo on minor pan card. But now it seems they don't allow.
Though I can move funds in and out using guardian account. But can't apply ASBa bhni or UPI SHNI application using minor. Any way out or trick possible?

Dear Expert
In Axis bank below Option coming for IPO :
Which one we need to select for SHNI and BHNI
1. FII other than individual Or corporate
2. NII others (All Entities other than QIB, Bodies corporate and individual)
3. Other QIB
4. RII (individual upto 2 Lakhs and Individiul/HUF, Trust, etc applying for >2 Lakhs)

4. RII

Applied
1 application in BHNI for approx Rs. 29 lac.
5 applications in SHNI
4 application's in retail.

@ IPO Gyaan
There is no use of posting retail figures. If we apply one to thirteen lots, it is as good as one lot in retail. Generally retailers apply for one lot only. This figure never attracts anyone. In school 1 is important. It's 1st position.
Have a beautiful evening.

@ChangaSi
You go through BoA of previous IPOs or go through my previous posts, then it is self explanatory.

Me and my wife both have same mobile number linked to bank and demat hence same UPI id so can it lead to rejection? I used ASBA earlier but bank has put account on restrictions as I applied as HNI in SME IPOs crossing 50 lacs annum clause.

which bank is putting such restrictions ?

@svh PNB has put restrictions. They asked to convert to Current or close account. Currently account is in cooling period till next quarter. Even ICICI had sent email for closing account but sorted out later by doing fresh KYC and giving ITR as income proof.

GOING WITH 43 APPLICATION
LET'S SEE KITNA MILTA HAI

3/43
Application got

Kappo have u got in 3rd party?

In past i didn't receive allotment in account i applied with third party bank account... Can anyone help in this matter.

Third party applications will be rejected either by your broker/bank/RTA

IPO HNI Experts please suggest
Retail Quota is 35% and HNI - 15%
What is the advantage of applying in BHNI when quota is less? If i apply for 67 lots will i get minimum 1 lot or 14 lots? Please explain. Thanks in advance

In SHNI and BHNI both , you will get 67 lots in case of oversubscription

Not 67, you will get 14 lots if successful, in BHNI or SHNI.

If I apply through UPI in SHNI category, what will be the cutoff date and time to approve mandate for this?

5 pm

Thanks for prompt reply.

Applied 69/69/69/69/1

Total Applied Share - 70358/-
Amount - 415122/-

Guess Allotted Share

@IPOExperimenter it is his personal choice, didn't get any type of advantage.

Just Experimenting
@ipoexperimenter

Looks like another car trade. GMP going downn

Anyone here have reason why gmp gone down today

Applied 79 lots x 2 application
Trying to experiment if greater than min lot helps

Not really even it could be riskier in case there are not sufficient apps to participate in lottery. This will be out of lottery itself in that case. So, always better to apply in min lot size category.

Is it possible to apply 14 lot in sNII and 01 lot in retail category using same ID/PAN ?? please advise

No, your application will be rejected.

No.. you can put only 1 application whether in Retail or SHNI or BHNI from a given PAN

gmp 23/25
gmp going downn!!

और नीचे जायेगा....

GMP upto even 10-12 is not that bad looking into the price range. About 20%.appreciation not bad.
Specially sHNI. Something is better than nothing. Still any doubt need not apply. MANTRA :
"Suno sabki karo man ki".

Any good fundamental stocks to buy for long term

Should I apply 10 lakh + in bHNI or can apply for 1 crore. Doest it make any difference if allotment is on lottery base only.

First time applying in SHNI so please suggest while applying do we need to select the cut of price or if we need to mention the price manualy as 56

For HNI, don't select cutoff.
Manually enter the price at upper band

Does anyone using and facing problem with Paytm Payments Bank while applying to the IPO through UPI