Emcure Pharmaceuticals Limited IPO Message Board (Page 28)

Dear CG mates - any thoughts around SAR Tele coming with Rights and as well as FPO? I do hold SAR Tele at the mement, then any insights around allotment process or how to participate into Rights will be grate. Does it oversubscribe just like other IPO/FPO?

Wrost combination is SBI + BHIM upi.
Still money is blocked in allied blenders

Even Phonepe works better if you are going for UPI. BHIM app gets stuck and takes more time even for simple payments.

I suggest you to switch to hdfc bank with gpay UPI that's the best combination. Sbi is worst they just unhold the amount of Indegene ipo 5 day ago , i was not angry at them because the amount was only of 1 application and even for that I've visited the branch 7-8 times. After that they were able to unhold them. Kindly switch if any technical issue happened they will take long time to solve the problem.

I am going for 3 bHNI in Emcure and 3 sHNI in Bansal. Any suggestions?

I have funds for tw BHNI, Can I try luck with 2 BHNI with Emcure or split between Bansal ( 1 + 1 ), which will give us more allotment chances? Any inputs please

Thank you @Chhote Lal sir @harit sir

Apply Both In EMCURE

Dil pe mat lijiye @Chhote Lal 
Ha dimag pe lijiye

How's that

​@Harsh Newguru Sorry buddy, no intentions of running any helpdesk here. I too am trying sincerely to learn and share where-ever possible🙏

[Off Topic] Hello seniors, Can someone guide on AKME FINTRADE #AFIL
Hold or exit at current level. Alloted 1 sHNI lot. TIA !!

Hi Seniors, is there any preference or advantage to female applicants in allotment.....
Also in case QIB is not fully subscribed, then who gets the preference of those un-subscribed shres---retail or HNI or prorata basis distributed

​@PiyushGupta Interesting questions 😊

1. No, there is no preference for allotment based on specific gender.

2. Have not come across any issue so far where QIB portion is not fully subscribed. However, if QIB is not fully subscribed, the unsubscribed shares will be reallocated to other portions, such as retail or non-institutional investors, or the offer size may be pruned down.

I have booked short term capital gains of Rs.4,14,400/- all from IPOs in FY 2023-24. I have interest and other income of Rs.2,05,,710. thus, the total income was 6,20,110. When I filed the ITR through CA Audit Firm, they said I need not pay any tax as there is a tax rebate of Rs.17,011/- u/s 87A. Some of our Friends are telling me that Capital Gains is to be paid if the total income exceeds Rs.3,00,000/-. I request expert members in the subject in CG Forum to give their opinions.

I assume that u have no income other than what you have mentioned. I assume that u have no savings etc eligible for income tax deduction. I assume that u have filed ITR under new tax regime. Other income is approx 200 k which will fall under basic exemption. Total basic exemption is 300k so out of STCG about 100k will fall under basic exemption. Remaining about 300k will be taxed at 15 percent so 45k out of which 25k is 87a rebate so net tax liability 20k plus cess. This tax is payable if you show 400k as LTCG. I have taken very rough figures u can calculate exact as per above example. But if you show 414k as business income then your tax liability will be nil. It seems your CA has shown 414k as business income. There will be problem in future years. In future years u will have to show as business income instead of STCG. In future years if you have loss , u will have to go through audit. There will be extra work in future years if you suffer loss or your turnover exceeds a certain limit. Also there would be restrictions if you want to come back to old tax regime in future. Please consult another CA for more details. I am neither CA nor a tax expert

Correction.....if you show 400k as STCG

Lots of activities in grey market, they are practically Spamming with messages.

Offtopic:
I opened account for minor child with RBL .
Does pan needs to be updated in minor account.
Also in ASBA registration when I try, it shows my account number only and not my son account. What should be done?
Any idea how it works.
@Vimal Garodia Do you have nay idea? Your help is appreciated.

I have opened a Minor account with RBL Bank. Yes, you have to update your kids PAN is account. Account number will be belong to kids only.

​@Anilkgp 
I got 2 diff CIF from bank. One mine and other for child.
While doing ASBA registering using website, the CIF shown is still mine.
If I do ASBA registration, I get an error "First holder PAN card number not valid.".

Any idea what can be the issue.

Hi Seniors, had applied in SHNI but now not able to cancel or modify as I want to apply in retail for better allotment chances.....pls guide

​@PiyushGupta Hello, HNI applications once made can not be cancelled, though can be modified upwards only. It is best to leave it as it is now, you never know when fortune favours you.
Putting another application/s from same PAN credentials will lead to multiple applications and all such applications are liable to be rejected.
In future, be careful. Also, why should there be any hurry to put application on first day. Check all parameters, subscription levels and apply on final day/ even if you apply early (using UPI mode), mandate may be approved only on final day.
Good Luck 🤞

Thanks to all for the responses

Hi Everyone, I'm new to the market.Which mode of Application has higher chance of allotment: ASBA or UPI,Please advise.

Thanks for the response @Chhote Lal  @S Aggarwal @ShivU :)

I always advise ASBA over UPI
No chance of rejection

How much application bid in this ipo... Specially employees quoata, where see how much application bid... Kindly send link

​@Vinaytap You can see that on this very page, just search for subscription status..

​@Vinaytap While subscription figures for each segment is being updated in CG itself, application wise data is not available. Few sites and apps give this data on approximate basis and may not be always true.

Admin ji, @Chhote Lal Bhai ko most active member tag dedo🙏🙏🫡🫡
He is clarifying all queries with simplified manner..Admin ji if any additional benifits r there in this forum CHHOTE LAL ji ko dedoo..

Lets keep learning and earning without bothering about any tags.
Thanks so much for kind words 🙏
​@PUSHPaa

Can I apply ipo from my current Bank account?
​@Tejas Pandya @Chhote Lal @Vimal Garodia @rohiitian @newgen consultancy

​@Vivek Shivhare @Aman Goyal You may do it with personal current account.

​@Aman Goyal current account can be opened in individual name also.

​@Admin @ Chittorgarh.com @Prachi @ Team Chittorgarh.com 
Employee quota subscription not available.
Please do needful.
Thanks

It is there, please check again. Already subscribed 1.72 x

#offtopic
Can anyone know the reason behind sudden jump in Rashi Peripheral?

RPTECH is in movement from yesterday. Today it has made high of 419.50.

Madhusude kela the only factor....🙏

Dear All members
Request to guide for applying in Employee category ( will apply from bank account of Real employee only).

In ICICI BANK netbanking, for retail it is calculated amount after discount (total 12852 as per screen shot).
I wants to apply till 5 lakh limit. Please guide, should i enter price uppr limit ( 1008 ) or after discount 918 ?

How many lot can be applied ? 38 ?

Please guide on priority.
​@Admin @ Chittorgarh.com

Price for employee quota is discounted price. Yes, max of 38 lots can be applied.
Good Luck 🤞

Thank you @Chhote Lal

P 310-315
15k 780
2+ 1300
10+ 6850

​@🚩 Just For IPO 🎁 Thanks for this update 👍

I have a balance to apply for the SHNI so is it better option then retail? Kindly share your thoughts @rohiitian @Chhote Lal @newgen consultancy @Vimal Garodia @Tejas Pandya Thank you in advance!

​@Kevin Gujju Endorse what our friends @Vimal Garodia  and @Tejas Pandya mentioned. Check the last day subscription figures and apply.

Thank you very much all experts for your quick response 🙏