What is last time for application on last day by net banking and physical forms? Any guess how much times this issue will oversubscribe in rii app. Wise ?
Hi All, Can anyone please explain me how SEBI verify that the application applied under Employee category is an real employee of that company because at the time of application we do not have to enter the EMP id or any identification of being employee of that company. Also how that validation is done whether the individual holds the particular shares at a particular time (Like Share Holder category in this IPO to hold HDFC limited) Please Explain. Thanks in advance.
Employees are asked for their DP details in advance whenever such IPOs are at pipeline stage. They are supposed to apply from those Demat accounts only.
Employees submit their PAN details with the employer (HDFC AMC). When the IPO application is applied under employee quota, the PAN details are verified when it is being processed. From the DP transaction log it is possible to know if the particular DP was holding a particular security on a given date. This way the shareholders can be verified.
The organization running the ipo, hdfc in this case, sends the list of employee PANs to the registrar, karvy here for cross check. Similarly, cdsl and nsdl sends shareholders data to the registrar... Hope you get it...
*HDFC AMC LTD* *FINAL DAY SUBS.FIGURE AT 02:25 P.M.* QIB 107.36X** NII 90.41X RII 5.57X EMP 1.34X SH.H. 2.25X TOTAL 43.97X Total No.of FORMS : 21,28,168 **Excluding Anchor *Apps Wise : 3.56X*
670. R R Patel| Link| Bookmark|
July 27, 2018 2:19:39 PM
IPO Mentor (800+ Posts, 3400+ Likes)
रिटेल वालों के लिए सीधी सी बात है की एप्लीकेशन आप चाहे रिटेल में लगाओ या चाहे शेयर होल्डर में लगाओ या चाहे रिटेल और शेयर होल्डर दोनों में लगाओ पर एक पैन नंबर से दो लाख से ज्यादा की एप्लीकेशन रिजेक्ट हो जाती है बस यही सिंपल सा नियम है।
I opened online account with Zerodha. The procedure is completed but due to name different in my bank and on my pan they need self declaration which I have sent them. The forms which digitally signed via aadhar are received on my email. There is dp id and beneficiary id on it. Can i use these details to apply hdfc amc ipo? Plz help.. no response from Zerodha for this query yet. Plz someone help. Shall i apply?
667.1. medge| Link| Bookmark|
July 27, 2018 1:44:35 PM
IPO Guru (1300+ Posts, 2000+ Likes)
If you are sure about your zerodha account opening is going to happened successfully. And Your PAN holder name and demant account holder name is matching then you can go ahead and apply for this IPO.
I have not made this rule about restricting posts about secondary market .
If you see right on top of the IPO Message Board- Leave your comment, it is prominently displayed in red as under. Pls do not post irrelevant messages. Visi Secondary Market Forum for stock tips/advice.
If all kinds of queries come up then IPO matters will get drowned.
The highest number of applications received in RII category after 2 PM on the last day: CDSL Limited - 5,30,586 applications. Cochin Shipyards Limited - 5,01,486 applications. Dixon Technologies Limited - 4,75,592 applications.