I applied Harsha IPO through AXIS Bank AABA in SHNI category on Friday at 12pm , and after two Hours around 2 pm , I withdraw my application, and may 207900 Rs still Block / Lien. Not yet unblock. I call customer care, Executive Suggest me to go to Branch.. And Branch manager is Saying , we can't do anything... Apne aap unblock hoga.. 10 days mai.. What to do now... Any member please suggest. Any solution..
Hello Sir, as per my previous experience, funds will get un-blocked soon, if still there is a issue, bank people cannot do any thing. only IPO registrar can un-block the funds. so please write an email to below ID, they will respond in a few days.
As per SEBI norms you cannot cancel our decrease amount when you applied for ipo in HNI category.. you can cancel only in RETAIL category.. so you have to wait till 22 to get your money unlocked
@MarketmakerRavi. But when I checked my application stares in new banking... Show.. Withdrawal states is ' Yes'.. Please check. I my uploading shreen shoot.
You cannot withdraw/modify IPO applications in HNI category . The only place where you can withdraw or modify IPO applications is through retail category. In such a scneario if you applied for HNI category and if you changed your mind, apply through same Pancard from different bank account as a retail investor. Now there will be 2 applications from same PAN card and your application will be disqualified. In short SHNI, BHNI or QIB folks cant withdraw IPO applications.
I am not sure how you withdrew your HNI application in Axis as this is not allowed. wait for allotment, it will be debited (if lucky) or unblocked in couple of days.
The account must have been unblocked automatically. If it has not been unblocked there is a technical fault in the system of Bank. Tomorrow is the refund day, it will be unblocked, if not you have to give a application to the Bank for unblocking because in such cases Bank will unblock after the allotment process is completed. If your status is withdrawn no chances of allotment as your application has not been submitted to exchange as well as to registrar of the issue.
In one of my previous posts I had asked the prospect of Solar Industries when it was 3,400 to one of the Senior Members. Sorry, I forget the name. Most probably he is Monster. Please correct me if I am wrong. I was replied, it will touch 4,000 by Diwali. But today it crossed 3,940 all time high. In a short period of time, may even tomorrow, it is going to cross 4,000. Thanks for nice reply. Hardly 10-15 days. Very good knowledge.
Can anyone please guide me on a) How to decide BHNI or SHNI ? (not based on available money alone) b) Under what circumstances applying under HNI or Retail will be better?. In otherwords, how to choose between HNI or Retail?
@Gujjo IPO Sir - are you sure about this. my understanding is for Minor all brokers open Demat account only and not trading account. Hence to buy or Sell you have to transfer shares in or out from parent accounts (or person having trading account).
675.5. Gujju IPO| Link| Bookmark|
September 20, 2022 4:56:15 PM
Top Contributor (400+ Posts, 200+ Likes)
@sashah Yes brother you can buy and sell shares of minor demat account. Prostock allow to buy and sell shares of minor. I have alloted Syrma in minor and sell same day of minor Thank you
Seriously, and now days add this one more, "i applied these many lots, how many lots i will get alloted."
670.2. sdz| Link| Bookmark|
September 20, 2022 3:02:56 PM
IPO Guru (1000+ Posts, 500+ Likes)
It’s quite natural to share and discuss about important and curious aspects like marks, hikes and IPO lotteries 😀 with peer group to know where they stand 🤷♂️
Aptus is a dumb stock. I was allotted 2 lots in IPO...i had to sell cost to cost after waiting 3 months...the whole real estate financing business is just like banks ..slow and lazy stocks. Change the sector you are investing in.
Thank you so much Monster Sir for your advice....I'll try to park my money in some other sector....btw thanks for your suggestion on dreamfolks...it started flying now🙌
Dear All Today's GMP of Harsha Engineering is decreased. It is 195. What would you suggest, the ipo is already applied. GMP Badhega ya fir ghatega... ?