21.1. Basuvr| Link| Bookmark|
November 11, 2023 1:22:43 PM
IPO Guru (2000+ Posts, 1100+ Likes)
No, applying from a bank ac with joint holder is not considered as 3rd party application. PAN no linked with demat ac should match with one of the ac holder.
So far this is not considered 3rd party ASBA from some banks. Working fine from SBI and Canara bank. Both bank net banking list joint account holders PAN in ASBA screen. Not sure what happens from 1 Dec.
Sorry for off the topic question, I want to know, in case of joint account, if both the account holder uses same bank account for ipo application. Will it be considered 3rd party ipo application?
19.1. Paymzia| Link| Bookmark|
November 11, 2023 2:02:50 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Only primary account holder consider other account reject from december 1 2023 onwards . Better to open seperate bank account if you want to apply IPOs in future
19.2. CL BASSI| Link| Bookmark|
November 11, 2023 7:42:29 PM
Top Contributor (500+ Posts, 100+ Likes)
Apply separately through internet banking login. In Bob they give both AC holder separate internet banking.
@CL BASSI That means if I open Bob joint account, I will get 2 user id, so I can log in one by one and apply ipo and it will not be treated as 3rd party? One more question, how is Bob asab facility?
@Tindu Mindu In joint account for example husband and wife have account. In these case You apply Individual (husband ) & (wife) customer id. So that when applying ipo at the individual PAN accepted. No problem create third party.
I think it all up to bank or depends on bank. RTA acts on application received from bank and doesn't do any scrutiny on its own. Some bank like SBI allows from same login PW where as some banks like AXIS allows only if you have separate logins. I am using these two banks.
18. CL BASSI| Link| Bookmark|
November 11, 2023 7:29:47 PM
Top Contributor (500+ Posts, 100+ Likes)
Insurance Unicorn GO DIGIT INSURANCE Has officially Filed Addendum to SEBI on 10th November by Updating Financials , IRDAI Licenses and some more details
It should get SEBI Nod after 2 weeks Maybe around 25 November
Expected M.cap - 36500 cr Size - 5500 cr Price Band of around 390/- share
@newgen consultancy What an extra ordinary n very very exclusive information you are providing to the investors I am very proud of you Wishing to all the best together with very bright future and a very Wealthy Diwali to you Sir..🎉🙏
@newgen consultancy 22.P.N.G Gadgil & Sons Will be good IPO. They have listed there subsidery company PNGS (SME IPO ) which have given 14 x return in just 11 months from there listing. Hope they come with reasonable valuation.