Dear Seniors I want to know that If, I open a demat account Jointly like First Holder : Prince & Second Holder is : Manoj, then we should required a bank account also in the name of Prince & Manoj.
Secondly, If we apply for an IPO, & we receive refund agst that IPO, then the cheque will be in name of First Holder i.e. Prince mentioning bank details Or both names i.e. Prince & Manoj mentioning bank details.
if we are not getting the maney ONTIME from INTIME we'll be in huge problem. the plan now is to bid as much as posible (1 lac) for reliance power & bid on future for the remaining. if we dont get the REFUND even after the allocation of Reliance power, how can the remaining money for reliance power be rranged for, its safer to stay away.....
Stop wasting time on the Future Capital IPO, invest in Tatapower shares instead. I guarantee that 1 lacs invested in Tatapower today at Rs 1600 will give a higher return than investing 1 lac in RPL will give. Tatapower will touch Rs 2,000 by the first week of February when FCH lists giving investors Rs 25000 return. Better still purchase 1 lot of tatapower (200 shares) in futures which will give Rs 80,000 return by Jan 31, 2008. (A 120% return on the margin of Rs 67,000)
everyone should reject this ipo because rigistrar is intime u never get ur money back for atleast 3months no body is taking action only retail investor can take action
Minimum and Maximum shares for retail category - 1 lot - 8 shares and 16 lot - 128 shares. Minimum and Maximum amount for retail category - 1lot - Rs 6120 and 16 lot - Rs 97920 @ cut off. Application Multiple - 8 and in multiples there off starting with atleast 8 shares