@sbipo.this is side effect of Paytm. All GMP down by 20%. Before PAYTM listing Go Fashion 570--580. Tarsons. 275--285. And Latent view 375--385. Trading in grey. But Paytm become a disaster for other IPOs. But hope Market accept it. And again GMP slowly improve.
If i use my sbi bank ASBA with my 3 to 5 friends demat account this is valid or not
100. ipo share| Link| Bookmark|
November 18, 2021 5:21:33 PM
IPO Guru (1500+ Posts, 700+ Likes)
Is there any operational / facility based diffein regular and BSDA account. I want to convert my regular kotak account into BSDA account as my hodings are of nominal value as I sell on listing day. I request forum members to please guide me suitably. Thanks
100.1. Ankur Goel| Link| Bookmark|
November 18, 2021 6:39:07 PM
IPO Guru (1100+ Posts, 500+ Likes)
There is no difference in normal and bsda account except annual maintenance charges. But these full time broker notorious in this game. They will charge you software fee, higher cdsl charges, and higher brokerage for bsda account. So I will suggest to move your account to discounted broker as they are transparent in these charges.
As far as I know, one can apply both in retail & HNI with same PAN as catagury of investment is different.
99.3. Krishnaji| Link| Bookmark|
November 18, 2021 1:00:10 PM
Top Contributor (400+ Posts, 200+ Likes)
Dear Rajesh Sir, You can''t apply in HNI and Retail under same PAN. Please check below link- https://www.chittorgarh.com/article/hni-ipo-application-guide-nii-allotment-benefits/532/#:~:text=No%2C%20you%20cannot%20apply%20for,HNI%20categories%20for%20an%20IPO.&text=Note%20that%20if%20a%20retail,%2DInstitutional%20Investors)%20NII%20category. Hope this helps.
Agar do banks mai Mobile no same ho to bhi application reject ho jati kya??
97.1. Krishnaji| Link| Bookmark|
November 18, 2021 3:47:30 PM
Top Contributor (400+ Posts, 200+ Likes)
No. I have my same mob no in icici and canara and have been getting allotments. Even I have in family members same mob no linked to two diff demat accs and they both have got allotments.
NBFCs have vested interest in jacking up the GMP. Also have the means to do that.
GMP is a weak link in this whole IPO game which in turn leads to higher Over-Subscription and hence higher HNI-Cost. Nothing is formal there and can be easily manipulated by vested interests, if they wish to do so.
100% sahi he mota bhai par satta chal raha he... Line strong he... News pakke he.. Aur paise lagane walo me dum he... Retail kyuki 1 2 ya 3 application lagne ki vajah se loss nahi hota to risk lijiye aur jaha chahe waha paisa daliye lekin source aur confidence ke sath.
I have tried Bajaj Securities & they just called me. I have opened the account with Bajaj Securities (FIRST Step). After this, the process they said is to open a Bank account in ICICI or HDFC Bank. Ill post the updates.