@Nothing New For my account I'm using asba now In mom account I'm using phonepe Even in my account sometimes when I want to apply after 4 I'll use phonepe And it's best
293. Not Smart| Link| Bookmark|
November 9, 2023 8:46:25 AM
Top Contributor (400+ Posts, 200+ Likes)
Kotak ASBA- sorry message and mail received for non allotment of HNI application and lien released. Retail application is still pending.
While you apply for IPO through ASBA it shows 'ordered'. Once bank sent it to BSE/NSE then it shows 'executed'. If alloted it shows 'alloted' and in case of non-allotment it shows 'not alloted'.
291. ADP| Link| Bookmark|
November 9, 2023 8:21:08 AM
Top Contributor (400+ Posts, 100+ Likes)
Members, please chill down, there is no need of panic that you did not get allotment. When allotment is done first of all the UPI mandate is either revoked or accepted by registrar, there is no bank employee involve in that process as this happen automatically.
For ASBA the registrar send the allotted/non-allotted list to bank and then bank approve that file and then they debit/release the ASBA amount based on that file. So it will only happen during banking hours (or when someone is working overtime in Bank).
So always members who applied via UPIs will know their allotment status first.
Please be patient the ASBA allotment process will start soon. Hope you get the allotment.