Glenmark Life Sciences Limited IPO Message Board (Page 31)

Please share your views on fund distribution in HNI category between Glenmark and Rolex.
I can apply for 360 lots. How many lots should I apply for these two IPOs.

Go for 90 lot glen.
And 270 for rolex. U will get a lot in both..

Hi any one facing issues with Moti Lal Oswal while applying Glenmark Life Sciences IPO.
Regards, Ritesh

can someone tell me how do we verify our application as I am not able to see mine on either BSE nor on NSE website?

QIB should cross at least 15X and more for decent listing.

QIB & HNI is very low till now.

Wait for 2.3 to 3pm figures should change drastically.

Current GMP please

GMP pls.

130-150

2,978,000 Applications in Glenmark till Now

Ek demat account se life me ek hi bar ipo milta h kya...koi aeisa h jisko ek hi demat se ek se jyada bar ipo allot hua h...plz reply

Yes

Thanks guys ....mera confusion dur krne ke lea😍😍😍

I had a Demat and trading account with HDFC Sec.I closed trading account with HDFC due to heavy charges and delinked NSDL demat account with HDFC Sec. Now question is can i open new Trading account linking with existing NSDL demat account with upstocks/angel/zerodha?
If yes, will AMC and securities credit charges of Demat account according to new DP?
Please help, i am unable to transact.

@VSR, This is little tricky here. Zerodha, Angel and Upstox are DPs with CDSL. So you can''t use existing Demat to open trading account with these. Better you close the HDFC demat also so they dont have chance to charge anything. In general nowadays, you have to open demat+trading together can''t open only trading account with DPs. You can try FYERS as they are giving lifetime free without AMC if you open account by 31st July.

Seeing Low Enthusiasm in this group, looks like there is no interest in today''s Glenmark Life last day and everyone focusing on tomorrow''s Rolex Rings only.

Thought 100% in Glen NII, but Now confused if to allocate Glen (60%) & Rolex (40%) same like i did for Zomato & Tatva 🤔

How much ROI expected for both these for 1week?

I think many have not read the risks in rolex rings RHP. They have defaulted loans earlier and were late payment on few loans. For listing gain you can try there but pure luck is needed in allotment. If you believe in longterm apply for Glenmark Life. And yeah many say it is just API, but they make specific API with not all can make. All the best. Take informed decisions.

QIB & NII walo jago...!!!

Experts, Please help me understand...Do I have to use the UPI of Bank linked with demat account to place IPO application? Can I use my own another bank account not linked to demat account?
Thanks in advance

suppose you have Zerodha Demat in which SBI bank acc is linked. Now if u want to apply thru zerodha using upi, the upi should be in the demat and bank holders name
Elsewise, you can apply thru 3rd party SBI/Axis, etc.. ASBA netbanking in which from your SBI netbank can apply for others.

I am applying but will only accept mandate after seeing final subscription figures of HNI/QIB

Koi expected subs batayega HNI me...toh mai application daalu jaldi se..

I think HNI 80-85 times .

I hope 100 cross na ho...🙏

Is it possible for me to use my wife''s SBISMART account and my UPI bank account to apply for IPO?

Those applying with icici ASBA , dont wait for last min... getting errors while applying.
they are shifting to new icicidirect website

Are we allowed to apply in Retail and HNI category both with same PAN and demat?

With one PAN you can''t apply

Please help me understand...Do I have to use the UPI of Bank linked with demat account to place IPO application? Can I use my own another bank account not linked to demat account?
Thanks in advance

yes you can use .

The allowed number of ASBA IPO application per bank account varies by the bank to bank. Some banks like SBI allows up to 5 IPO applications per bank account while other banks like ICICI Bank only allow 1 IPO application.

If the bank allows multiple applications, it doesn''t matter whose name these applications are on. They could be friends, family or someone else''s name.

Please note that only 1 IPO application is accepted per person (technically 1 application per PAN Number). if more then 1 application is filled with same PAN number, all the application under that PAN number will be canceled.
An investor can debit a bank account for a maximum of x application for an issue. This number of specified as below:

Number of IPO application allowed from one bank account
Bank Name

No. of IPO Applications

SBI Bank

5

Kotak Mahindra Bank

5

Axis Bank

3

ICICI Bank

1

HDFC Bank

1

@moneymarket, yes u can apply upto 5 application from one axis bank account for 3rd party asba.

Bank of India - 5 Applications