223.1. Paymzia| Link| Bookmark|
January 25, 2021 9:23:36 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Call to bank , they enable the tab of ipo
223.2. lekker| Link| Bookmark|
January 25, 2021 3:55:39 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Paymzia, If you dont know the exact reason or answer no need to reply. Morning federal bank asba had some technical issue that is the reason ipo names were not available, later this problem got resolved.
Reply when you have correct answer of problem posted here, useless
*HOME FIRST IPO* *FOR HNI/NII GET 1 CONFIRM LOT OF 28 SHARES* IF THEY HAVE MADE A BID OF 1,095 SHARES (RS. 5,67,210/-) & MORE Interest cost @7% (7 Days) for each share Rs 28/- only *LISTING ABOUT = 518+28 = Rs 546/- and more*
219. Eagleye| Link| Bookmark|
January 25, 2021 3:04:24 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Home First Finance Company India IPO
LAST Day *4:05PM*
The following data is assuming the shares will be issued at @518/- (upper price band)
As I had said, Indigo and HFFL are the only two good IPOs out of the current lot:
My post on the StoveKraft board:
Personal Allotment Preference: 1. Indigo Paints (greedy valuations but decent company) 2. HFFL (ok valuations but risky company) 3. IRFC (didn''''t apply.. no point as we can buy on listing also) 3. Stove Kraft (not applying at all.. seems cooked financials and greedy)
Total Bid Details (Home First Finance Company India Limited) Qualified Institutional Buyers (QIBs) 28.5415 Non Institutional Investors(NII) 24.7781 Retail Individual Investors (RIIs) 6.1223 Employee Reserved 0 Reservation PortionShareholder 0 Total
207.3. Rafiq| Link| Bookmark|
January 25, 2021 2:13:48 PM
Top Contributor (400+ Posts, 400+ Likes)
YOU ARE FOOL~!!!!
206. Kiaan| Link| Bookmark|
January 25, 2021 7:04:25 AM
Top Contributor (500+ Posts, 200+ Likes)
Somebody expert pls. Advise how tax will be calculated for Magesco entry..... Dec 20 Purchased 100 for 97000 Dec20 Dividend 97400 Feb21 sold 6000 Thanks
206.1. Johny| Link| Bookmark|
January 25, 2021 8:36:47 AM
IPO Mentor (700+ Posts, 1000+ Likes)
Dividend will be clubbed with your regular income and will be taxable as per your slab. You cannot claim STCG since you sold before 3 months (Currently there is no clarity about dividend stripping after making all dividends taxable)
Kiaan You sold on Jan 21 or still holding till Feb 21. If sold then no STCG benefits. But no double taxation as per Income tax law in India for same income. Either one of them.
206.3. Kiaan| Link| Bookmark|
January 25, 2021 9:20:40 AM
Top Contributor (500+ Posts, 200+ Likes)
Thanks for the response. I shall make Q. more specific..... Purchased 18/12/20.......97000 Dividend 30/12/20.......97400 When to sell the shares, to have absolutely minimal impact of STCG . EXpecting price of share 70-80 in March21.
206.4. Johny| Link| Bookmark|
January 25, 2021 9:49:48 AM
IPO Mentor (700+ Posts, 1000+ Likes)
Sell shares after 18-Mar-2021
206.5. Johny| Link| Bookmark|
January 25, 2021 9:51:36 AM
IPO Mentor (700+ Posts, 1000+ Likes)
Since you have bought at 970 there will be STC Loss. To take advantage of STC Loss which can be set off against other STCG or carried over you have to sell after 18-Mar-2021
Kiaan TDS is already deducted by company on the dividend, Hence you have to pay remaining tax on it. Better to sell shares after 18 March for saving on STCG.
This information is from chittorgarh website. Admin and Gurus, Please check and correct if anything is changed.
Bank Cut-off Time (on last day) SBI Bank 2 PM ICICI Bank 3 PM HDFC Bank 3 PM Axis Bank 3 PM Kotak Mahindra Bank 2 PM Punjab National Bank 2 PM Central Bank 4 PM Bank of Baroda 3 PM Corporation Bank 2 PM Andhra Bank 3 PM Canara Bank 4 PM Yes Bank 3 PM Dena Bank 3 PM IDBI Bank 3 PM Bank of India (BoI) 3 PM IndusInd Bank 2 PM
Dear Chittorgarh Admin Team, This information is from chittorgarh website. Admin and Gurus, Please check and correct if anything is changed.
Bank Cut-off Time (on last day) SBI Bank 2 PM ICICI Bank 3 PM HDFC Bank 3 PM Axis Bank 3 PM Kotak Mahindra Bank 2 PM Punjab National Bank 2 PM Central Bank 4 PM Bank of Baroda 3 PM Corporation Bank 2 PM Andhra Bank 3 PM Canara Bank 4 PM Yes Bank 3 PM Dena Bank 3 PM IDBI Bank 3 PM Bank of India (BoI) 3 PM IndusInd Bank 2 PM