I got one allotment after three years applied last sme ipo 240 so I am happy or not Anyone tell can I sell sme ipo easily yr any processes on listing day in upstox app Thanks 🙏 adv
67. JSK✨| Link| Bookmark|
March 20, 2024 10:30:21 PM
IPO Guru (1600+ Posts, 900+ Likes)
Need some expert advice my money has not been unblocked yet which I applied during VR infra space SME IPO. Can you please help me with whom to connect or check.
66.1. Rakcyt| Link| Bookmark|
March 20, 2024 2:34:51 PM
IPO Guru (1300+ Posts, 1300+ Likes)
@KarizmaticKedar You will have to contact your bank branch directly to get it done . Parrallely you can call either customer number or write an email at following ids : helpdesk@icicidirect.com CC headservicequality@icicidirect.com Good luck !!
It shoud automatically get unblocked on mandate expiry day. If it has already passed or your funds are still blocked after that date, then, please contact your bank by phone or visiting the branch. Give a written application giving all the details. Also email that specific branch the details and cc that mail to the registrar..
They will help you in this matter, all the best..
66.3. Chhote Lal| Link| Bookmark|
March 21, 2024 12:45:42 AM
IPO Mentor (6200+ Posts, 4700+ Likes)
Endorse what our esteemed friends have commented. Do confirm once resolved. All the Best !
1 out of 3 bhni,,15 times lucky than average applicant in this issue. Profit of acout 6% 5.2% and 11% in 3 accounts in one year.Any experience with linked fd usable as asba money in icici demat?any opinion?
@KG It is hard to calculte gain and few declare the same. My gains are excluding 3% sb interest.8% plus gain is possibile in many fixed deposits like ppf, sukanya,rbi bonds,scss,tax free bonds ,pmvvy and taxable bonds etc at lesser risk than stocks. How much is your gain ?.is their any bank providing asba compatible linked term deposit sotat fixed income returns are possible in primary market?
@alok marwadi I am using Indusind Bank and Yes Bank for ASBA bid with my linked FDs and gaining full FD interest with the ability to use linked FD for bidding IPOs.
While linked fd is possible in few banks like kotak and icici, I use aubank savings account. 7 percent interest without any tension and avg 11 to 12 percent annual return on top via ipo. So total 18 percent liquid return in last 12 months. While it may look good but compare it with midcap or nse emerge index which gave 60 to 80 percent return in last 12 month. So long term investment still holds an edge but has its own risk and illiquidity disadvantage.
@unleashed and enfused .my returns in one ac reduced to 9% from 11% as I counted chickens before hatching in my enfuse allotment. Thanks for suggestion about yes and indus fd linked with asba ac. I will inquire.
@Rohitsme. Very well said. I have no au ac or expertise and knowledge of applying by au ac on icici direct ipo applicatios.will inquire in kotak and icici. Staff of icici are not replying positively. Will try again.secondery market is too risky for me thanks to age and family pressure also. 18% liquid return in primary market is too good where returns in ipo subscribing 500 times and listing popup of 50% is merely .2%. Congrats and thanks.
65.7. KGSKIPO| Link| Bookmark|
March 23, 2024 12:16:08 AM
Top Contributor (400+ Posts, 100+ Likes)
@alok marwadi My returns for this year is nearly 10℅ + savings intrest or FD linked intrest rates. This IPO investment looks safe even one or two allotment go wrong. If you are having small capital, you should keep Stoploss. You open a account with ICICI and open money multiplier fd.
@KGSKIPO.Thanks for your valuable suggestion for this icici ac user. if i go for Rs 50,000 fd linked to my sb ac by depositting cash on monday will i be able to apply in naman sme ipo on tuesday? will 50000 will be added to my balance and will be shown in total balance in allocate funds in ici direct site? thanks
65.9. KGSKIPO| Link| Bookmark|
March 24, 2024 12:52:00 AM
Top Contributor (400+ Posts, 100+ Likes)
@alok marwadi First open a savings account in ICICI and it will take 2 days for opening a account. You will get instakit containing debit card and net banking password. After opening the account, deposit any amout you like in savings.Then, you open money multiplier FD through netbanking / mobile app / branch using the savings account money. You can use FD money to apply IPO through netbanking of ICICI. You don't need ICICI direct to apply
@KGSKIPO Thanks.nice and new information for me regarding ipo applications by sb ac through netbanking I was not knowing .I only use icici direct online site for ipo. I will inquire and try. Happy Holi.
64. G profit| Link| Bookmark|
March 20, 2024 11:12:33 PM
IPO Mentor (1200+ Posts, 300+ Likes)
Oh yes, you are right, pehle wahan pe sab retailers ko bhi toh phasana hai, fir yahan par selected logo ko allot karna hai.. It will take some more time
54.3. Redhu Jind| Link| Bookmark|
March 20, 2024 9:33:22 PM
Top Contributor (400+ Posts, 100+ Likes)