Why at time of applying through sbi net banking it is showing 'you cannot apply for ipo due to liberalised KYC/Overdraft facility?.. Pls help
364. Bullish| Link| Bookmark|
September 15, 2022 11:02:42 AM
IPO Mentor (700+ Posts, 500+ Likes)
Buy this stock hoping in three months it will be doubled from here Capacite, CE info, Ashoka buildcon, Shriram Properties, Bodal chem, Shyam metalic, Idea, Car trade, ABSL, GLS, AGS
Only thing I can vouch for is mapmyindia. Major benefactor of ev push and also the upcoming toll system that uses gps tracking of vehicles for toll collection. Neat
@Bullish Please don't be so bullish on this one. Now don't give target of double in short period. You have all right to give target to triple also.
I have in my many posts said Bank shares are not good for long term. Exceptions are always there. But this share will never be an exceptional share at all, I think. Suno sab ki karo manki.
on NSE website, I was checking the demand of this IPO and I could only see bids for price below the cut-off price? So, Is it not allowed to bid at prices higher than the cut-off price?
Please select Investor Category as RIIs(Individuals applying upto 2 lakhs and individuals/HUFs, trusts etc applying for > Rs 2 lakhs) for applying in a rights issue.
As per above "Individuals" means Retail Upto 2 lacs and > 2 lacs. same option for both Retail and HNI.
360.6. hchc| Link| Bookmark|
September 15, 2022 8:14:51 AM
Top Contributor (400+ Posts, 900+ Likes)
@KDKing Thanx a lot for taking efforts & solving my confusion ….. Got confused as felt HNI should bid under NII category & then when saw axis bank ASBA showed RII allowing to bid above 2 lakh under same category
Hope they won’t reject d bid of SHNI & BHNI under RII category
360.7. CL BASSI| Link| Bookmark|
September 15, 2022 8:42:09 AM
Top Contributor (300+ Posts, 100+ Likes)
Select NOH in BOI
360.8. hchc| Link| Bookmark|
September 15, 2022 10:20:22 AM
Top Contributor (400+ Posts, 900+ Likes)
@ CL BASSI In BOI ASBA also it’s showing same catergory as Axis ASBA So as per KDKing … in BOI ASBA also v will need to select RII only for SHNI/BHNI bids
I haven't received any lots from all the IPOs that I have applied till now. I have always at least placed 1 bid at the cut-off price and there were times where all 3 of my bids were at the cut-off price.
So, am I doing something wrong here? And what price are you all bidding for?
Anybody help me out I am applying in the HNI category and using sbi Asba facility what does this sentence mean: "Not allowed to use the cut-off price option. HNIs have to specify the exact price at which they would like to buy the IPO shares". If i select the price as 330rs(max price) which is cutoff price will it get rejected? or should i apply for 1rs less than cutoff price which is 329rs?
Hi , See HNI are not allowed to set price as cut-off price! You Have to fill it by yourself! Yes there is chance of rejection if your bid price didn't match with the cut-off price! But we casually see that most of the time IPO cut-off price is always high end ! Maybe Most Of The Chances of the IPO price is 330 But We can't say anything until it reveals!
Thanks Ankur for the reply So, i can give the price as 330rs(which i want to) in the price box without ticking the cutoff price check box right?
356.3. SamJos| Link| Bookmark|
September 15, 2022 10:52:36 AM
Top Contributor (500+ Posts, 100+ Likes)
In book building ipos, there is three option for bid price, & for retail applicants, to ease out things, you (only RII, not HNI/NII) can select cutoff as single option in bid price. This option is only relevant in underscribed ipos, because in oversubscribed, allotment will be only to those who has applied at highest bid price, that is upper band price. Most ipos are oversubscribed, so cutoff price will be upper band price.
I just applied 5 absa applications from 1 account.... application went through, money is blocked as well... Regarding rejection and all... we'll see on allotment date.
Hi , Both The Way Is Correct! Mostly who wants to bid in sHNI , bHNI they used ASBA! although retail user can apply using ASBA. But Compare to ASBA , UPI is easier!
I have only one dmat account. Till date I have applied only in retail quota. This time I am thinking to apply in S-HNI category. Kindly advise if I apply 28 lots chances of allotment is double than applying 14 lots or same. If probability is same then I shall apply 14 lots only. Thank you in advance.
352.1. Aman Ipo| Link| Bookmark|
September 15, 2022 9:59:20 AM
Top Contributor (400+ Posts, 200+ Likes)
@admin One query related to coastal corporation rights issue. I tried to apply to rights issue through indusind bank for the first time. The form asks for application number and also gives an option to generate automatic application number. Is entering application number mandatory and from where will we get the application number.
I am not able to apply the My mother's application from My Indian Bank Account. It is saying "Only one Application for each category". Does anyone know if there is any chnage ? This work in Syrmaa IPO.
Is there anyother Bank which allow IPO apply for family members ? Also, family member details should be saved so that we don't have to enter PAN and Demat details again and again.
348. Rafiq| Link| Bookmark|
September 15, 2022 9:21:10 AM
Top Contributor (400+ Posts, 400+ Likes)
How do I apply for NII as I am retailer but want to go for NII lot what should I select Individual retail or Individual NIB?
347. Bullish| Link| Bookmark|
September 15, 2022 7:46:50 AM
IPO Mentor (700+ Posts, 500+ Likes)
Ek din mkt red dikha to retailers ipo nhi bhar rahe he very very cautious ⚠️
Request someone to please clarify following issue: I have enough funds for 4 Bhni applications and funds are in one SBI joint account with wife. Want to apply from same account (3rd party) (ASBA)- for 4 Bhni in respect of family members. It has been said many times in this forum that it may gat rejected. Can any one explain reason for it to get rejected? Does it depend on Registrar to registrar? Some may do while some may not. Do you come to know that it has been rejected and at what stage?
Also, in past I had used asba axis (3rd party), in retail category, for heavily over subscribed IPOs and got allotment. But it was in retail. Does it matter retail vs Bhni. Or it sends on Registrar to registrar. If that is the case why banks allow you to register upto 5 accounts? Request someone to explain please.