If ur funds are not unblocked even after 2 days from issue coose date, please send email to BRLM to provide compensation. As per sebi rules, it is 100per day or 15 % per annum.
Please check BHFL RHP page number 503 for more details. It states like below. " In case of any delay in unblocking of amounts in the ASBA Accounts (including amounts blocked through the UPI Mechanism) exceeding two Working Days from the Bid/Offer Closing Date, in accordance with the T+3 Notification, the Bidder shall be compensated at a uniform rate of ₹100 or 15% per annum of the Bid Amount, whichever is higher, per day for the entire duration of delay exceeding two Working Days from the Bid/Offer Closing Date by the intermediary responsible for causing such delay in unblocking. The BRLMs shall, in their sole discretion, identify and fix the liability on such intermediary or entity responsible for such delay in unblocking. Further, in accordance with the T+3 Notification, the reduced timelines for refund of Application money has been made two days. The BRLMs shall be the nodal entity for any issues arising out of public issuance process. "
219. IPO guro| Link| Bookmark|
September 9, 2024 4:39:56 PM
IPO Guru (1300+ Posts, 500+ Likes)
@abc xyz sir mene bhi nse pe buy kiya preopen me ab me kal kya bse pe sell kar sakta hu agar price difference jyada hua to?
218.2. AryanRaj| Link| Bookmark|
September 9, 2024 11:54:10 AM
Top Contributor (600+ Posts, 100+ Likes)
@G.S. Not today, for safety sell only day after tomorrow. You can do btst if your broker allows but for this stock you need to have in your demat account for 1st 10 days.
I didnt rush in the pre-market assuming some fall in the price like Premier energies but today it didnt work for Gala...it straight away went to UC. I will avoid it now since the traction bus has already been missed. Congratulations to all the members and all the best for BHFL.
208.2. AryanRaj| Link| Bookmark|
September 9, 2024 11:13:39 AM
Top Contributor (600+ Posts, 100+ Likes)
Price discovery is randomised so BSE and NSE had price difference when pre open discovery was made. At NSE share opened at 721 and BSE at 750. Now this will continue till both exchange price discovery is matched otherwise for 10 days there will be UC in NSE and people will sell on delivery on BSE.