I first applied in SHNI from Zerodha via UPI but did not accept the mandate. Then I applied through ASBA . Will my ASBA application will be accepted or both the applications will be rejected as SHNI application is non-cancellable from the app. Plz guide.
101.1. Basuvr| Link| Bookmark|
December 21, 2023 5:46:39 PM
IPO Guru (2000+ Posts, 1100+ Likes)
If UPI mandate is not accepted then only first application is canceled and the 2nd ASBA application is accepted
@SONMAYA I appreciate your reply for this post regarding mistake. As a separate note, one request to write content in small letter as caps represents shouting in English.
We all made this mistake because like and spam is very near, i did too. As a software or site, there should be some way to unspam it like email client does.
@Admin @ Chittorgarh.com If CG admin strictly follows spam count then it would be worth to put unspam option because this mistake can happen with anyone.
At around 3:50 pm TODAY i tried to place SHNI appliction through icici ASBA.response was issue already cosed.when i tried to apply as retail,it accepted order .couldnt understand whole thing.same happened with mufti IPO at same time. any body got similar problem or having some knowledge about this thing please
I believe, from the IPOs closing today, this is amongst the strongest of all. So, even if there's adverse market, this one still can give you decent listing gains. And of course, if you want to hold it for long term, then also this one is good
91.4. Jsca| Link| Bookmark|
December 21, 2023 3:04:05 PM
Top Contributor (500+ Posts, 100+ Likes)
91.6. Redhu Jind| Link| Bookmark|
December 21, 2023 3:33:50 PM
Top Contributor (400+ Posts, 100+ Likes)
9 retails in HAPPY. 7 bHNI in MUFTI.
91.7. SONMAYA| Link| Bookmark|
December 21, 2023 4:25:03 PM
IPO Guru (1300+ Posts, 500+ Likes)
Why to waste page..and time by disclosing ...
90. CJ ROCKS| Link| Bookmark|
December 21, 2023 4:08:03 PM
IPO Mentor (800+ Posts, 500+ Likes)
After seeing the heavy subscription of QIBs both Happy and Mufti may list above the current GMP. If market conditions remain stable till listing. I think that's million dollars question ❓❓❓ Stay Happy,Azad, healthy (Innova)and smart(Mufti).🙏👏🤗
89. SONMAYA| Link| Bookmark|
December 21, 2023 4:02:42 PM
IPO Guru (1300+ Posts, 500+ Likes)
as expected, retails amonst lowest here and in mufti, better to grab chances in retail in these, and i am 100 percent sure , retail in azad will be much much much higher, EVEN IF GMP COMES TO 10 PERCENT, let's see
Any expert pls help how to calculate the number of lots to apply in HNi to receive sure shot allocation , never applied in HNi hence asking , pls help.
In mainboard IPO there is no extra advantage in single application of more than minimum lot or lots in retail, SNII or BNII category if that category is oversubscribed APPLICATION WISE
I am having one query regarding capital gain calculation. Experience persons in this can help me on this. I alloted 1 HNI application of Tata technologies. I have sold in pre open on listing day. Then after I have not do a single trade. So, should it consider as short term gain or speculative gain? As per my knowledge either intraday or options income are considering as speculative income. My broker is SBI securities and it displays in speculative gain. I want to know this as for speculative gain we have to file different ITR.
As you had the shares in your account at the time you sold the same, it is a short term gain. No doubt on it. Speculative income refers to intraday profits when you do not actually own the shares.
84.2. antarix| Link| Bookmark|
December 21, 2023 11:23:28 AM
IPO Guru (1200+ Posts, 800+ Likes)
Your gain is short term gain and not the speculative gain.
I don't think it is speculative gain. If you are getting allotment several times a year and selling all of them on the listing day then it is non speculative business income. If you are getting only two or four etc allotment in one year then u can show it as either business income or STCG. Intra day profit is speculative business income. F&o profit is non speculative business income. If you have taken loan for applying IPO then it is non speculative business income and not STCG. If u have speculative or non speculative business income then u can't file ITR 1 or 2. If you have STCG or LTCG then u can't file ITR 1. These are my views. Please consult some CA or tax expert