We wish to inform you that 28 shares have been allotted for your ASBA application for HOME FIRST FINANCE COMPANY INDIA LTD having application no, MB00000001949xxx Kotak Bank. Allotment Msgs Have Started. So It will Be On Website At Today Afternoon.
Might be midnight upi mandate start execution...not sure... tomorrow banks are working... High chance will get to know allotment status tomorrow only...
Can I use third party UPI ID or a third party bank account for making payment in IPO? Example: Applying for my brother using My SBI savings account (ASBA) and Brother''s Demat Account.
If yes, does this "third party" method have any kind of downside (like rejection in some cases etc.)?