I apply in this ipo through upi & in upi app i accept the mandate. & amount is blocked but i don't received application number. Please suggest how to check application number.
You would have got an email from Zerodha on the day you had applied for the IPO. The application number usually starts with the username of your zerodha account.
When my money will be unblocked if I am not allotted any share in ( UPI Mode IPO application). Because in my previous Union Bank UPI experience was so bad, it took 15-20 days for unblock my money.
Look at the IT index-- its under going a very impressive changes all the IT companies have re rated and all the analyst very are very positive for the short and medium term for IT especially the digital sector - cloud business, AI. i think with this development i see HMT listing will be a bumper and with bullishly we can invest in the company. keeping a long term view on the sector and the strength of the business
NIFTY IT index along up by ~4.5%. i expect the HMT will list on the higher side Rs 300 to Rs 320
I have applied in application through Zerodha.. and GPay UPI, But GPay UPI was of another person, when i accept that on Gpay UPI then it show- failed What should i do know? Or will application be cancelled?
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September 10, 2020 12:51:57 PM
Top Contributor (500+ Posts, 200+ Likes)
Go to settings of GPay U will see Mandate option Click on that If the request is still there u will see it there else I think it is rejected because of wrong pin. U will also see option of approving the same.
For UPI based IPO application you must use your own bank account only. Any third party bamk account will not accepted. Though your application was submitted successfully it will be rejected on processing time.
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September 10, 2020 10:10:46 PM
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Thanks Rajat and Patel for the info I will apply this in future ipo. Sadly my application for HMT will be rejected.
Bank account linked to my demat account is ICICI. However i have another bank account, sbi. So my question is - Can i block funds using upi mechanism from my sbi bank account? Or is it absolutely mandatory to use the same bank account which is linked (that is ICICI)?
Kindly clarify is someone knows.
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September 14, 2020 10:23:57 AM
Top Contributor (500+ Posts, 200+ Likes)
U can use any of ur bank account for UPI. It is not necessary to be registered with the demat.
In this issue company allocated 75 % for qib and 15 for nii , and retail only 10%,why? It is unfair, for retail investors, Please send this issue to SEBI, AND said please. In ipo 25 % retail portion is mandatory
This has already been discussed...sebi mandates that ipo shares offered cannot exceed 10% for Retailers if the company has not shown profits in any of the last three financial years...this company reported loss 3yrs ago...hence quota for rii is only 10%...
Hi All, Pls reply if anyone having knowledge of the matter. "I am not having my mobile number updated in my bank bcz of which i am not able to create my UPI ID and hence i submitted physical application in Bank without my UPI ID and giving just my bank account details for blocking of the funds. 1) Now, will my application be accepted or will get rejected, as i haven't received confirmation of mail? 2) Is it mandatory to bid in IPO with UPI Mandate only and not with physical application for ASBA account?
Are allotment results already announced, I checked the bse website and it says no results found if I enter my application number. Can anyone please clarify on this.
Almost all big brokers have put in place Early Payin mechanism wherein you don't have to keep 20% margin for selling. The broker will debit the client's account by EOD and inform to exchanges. Thus, we won't have to keep margin or pledge other stocks to sell. :)