There seems to be some issue while placing bid on last day for this IPO. I used Upstox UPI mode first but did not receive any mandate notification. Hence BSE on successfully placed bid.
How to check if the bid is placed correctly or not? If not! how to unblock the fund? Whom to reach out ?
@R.R.R if you have got a message stating that X amount is blocked in your bank account, then it's fine. Also, check if you have received an email from the exchange stating bid is accepted.
Normally I receive an auto message from Exchange stating bid details. That confirms that the bid is successfully placed. I do not get any intimation from bank. However this time no intimation from BSE but the amount is blocked. So, how to check if the bid is placed ?
@R.R.R Anyway the allotment date is today only, so you can check the allotment. Otherwise, if no such record exists and only the amount is blocked you can contact the respective bank.
Did anyone check and confirm whether application is being placed on BSE or not? I just checked on bse website, my retail applications placed through ASBA, but it shows no record found.
@RJrahul https://www.bseindia.com/investors/appli_check.aspx If your broker has submitted the application through NSE then you will not get status and as said by MuStrFc it is not reliable..
i have applied thru Canara Bank ASBA in HNI category around 2 pm amount was blocked, but just now received message that INR _________ kept on hold has been removed in your account no. _______
This thing happens first time with me, can someone elaborate the reason for unblock on same day
I have received a call from the manager of Canara Bank. He stated that there has been some technical issue on the part of Greenhitech Ventures Limited so the amount of every applicant is being returned herewith.
@ElDorado Yes, seems that way..but this is life, you take bad with the good.. Anyways, all the best for the next one..👍👍
61.7. MuStrFc| Link| Bookmark|
April 18, 2024 8:13:20 PM
IPO Guru (3100+ Posts, 2400+ Likes)
Requesting @ElDorado@N.G.@AbFrancis and others affected by something similar to collectively raise complaints against this with SEBI, be it at SCORES or SMART ODR Platform. More the complaints, better it gets highlighted.
If Greenhitech was at default, then all others should be affected as well, Canara alone citing vague reasons should not escape this.
And responsibility to bring this to attention of concerned should be on investors and retailers like us.
@rohiitian Bhai, your thoughts on this plz? Can it be applied for listing gains or chance of a discount listing?
59.1. rohiitian| Link| Bookmark|
April 16, 2024 3:27:16 PM
IPO Guru (1200+ Posts, 800+ Likes)
@OSR JMD Purely on fundamentals, this is an avoid. They are shifting from trading to ethanol jobwork which is a positive, but the information in RHP is limited in history and does not give any sense of future biz trajectory, making it impossible to estimate a fair value.
But clearly some operator game is going on here, plus the LM is good. I will apply a few retail, and save bulk for Ramdevbaba Solvent.
IPO Review by Mr. D D is avoid as the IPO is priced very high. There is no harm in skipping this highly priced bet. Inspite of this the issue has received overwhelming response from both categories. it looks investorsare not impressed by his views. Our forum members have also applied. Reason for investors may be subscription figures at every intervals and increase in GMP. No doubt the issue size is very small also. Let's hope for the best. I have NOT applied. Market conditions are very bad for the moment. About 2,100 pts. on BSE have already lost in last three sessions. In my views, likely to open in GREEN on Thursday. Happy RAMNAVMI in advance.
Yes but today's DCG would have eroded capital for some had they gone based on Dilip sir's view. I think we should be very clear that Dilip sir views are more on medium to long term while most who apply in SME are for listing gains.
Even I applied for 10 retail applications from 5 different zerodha & Angel One demat a/c through UPI but not yet received any mandate yet since morning !! Seniors and experts … please suggest us.
54.3. Jsca| Link| Bookmark|
April 16, 2024 3:43:33 PM
Top Contributor (500+ Posts, 100+ Likes)
Yes. My friends three members facing that issue with Zerodha today. Two of them cancelled first application and applied again, but still facing same issue. Second application also pending only.
All 5 separate applications from different zerodha a/c got stuck and pending, not even showing submitted 😔 5 Applications has been wasted !! Such a disaster …
kindly advise me i want to open my child below 5 years a Demet account in zerodha pl suggest the bank in which open the saving account for easily online application apply for IPO with pan of my child , in axis bank they have taking my pan also and on ipo platform its showing my pan on my child account if apply with my child account its may be reject due to same pan apply from my demat also pls suggest the valuable feedback
I want to open bank account and dmat account for my maid which i will use for IPO purpose only. Can anyone suggest best bank to lowest minimum balance requirement (metro city) and Also suggest lowest AMC dmat account preferably also provide Pre-listing sell (9am - 9:40am) Currently I am using Zerodha and ProStock for my family members account
@NamanSharma Heard kotak freezes funds if deposited good amount, doesn't match with income profile. Basically all digital bank accounts.
49.3. Seth.| Link| Bookmark|
April 16, 2024 4:11:00 PM
IPO Guru (1200+ Posts, 600+ Likes)
Bank : BOB or BOI have lowest requirements as government bank but service should be not best. You can also open AU zero balance account online which is best service in net banking for IPO application
Demat : fyers with zero AMC and pre open sell allowed
@HumorHedge I have never faced this issue. I have been using Kotak 811 full KYC account for 2 years to apply for SME ipos. Also @rahulkrjain mentioned he will be using it for IPO purposes only therefore, I suggested this account. But this issue can be confirmed with the branch before opening an account.