#GMP Update from Mumbai Kalbadevi-109 Buyers Borivali-109.5 Buyers Hopefully GMP would rise more and I expect around 40% listing gain and then some upmove after listing. Although allotment is very tough but I would happily buy on listing day.
Off-topic Query: Friends, I recently opened Dmat account of my kids for IPO purpose. But SBI do not provide netbanking to minors. Kindly suggest a bank which can provide netbanking (with zero/minimum balance) Thanks
I am applying in asba for my son in indusind Bank..
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June 11, 2023 10:58:32 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Dear Tejas Pandya Sir, So your minor son bank account is with Indusind bank and where you r maintaining demat and trading account ???? I need this for opening account for my son who recently received his minor PAN card . Also i applied my Wife as guardian , so incase of captal gain, it should be shown along with my wife's profit in the FY right ???
HI! SBI will give login passward but will not give profile/transaction password. This login password is enough to block i.e to apply an IPO. Iam doing from HDFC AMC IPO.
@RAMLAL Could you please elaborate. I too have sbi minor account but it is saying transaction not allowed for ASBA IPO (I think i have only viewing rights). Im trying from Netbanking. Pls share detailed steps, it would be very helpful.
@Heritage Wale Isme khela hobe nahi hoga?? Hoga to positive hoga ya negative hoga?? GMP up down se zyada ye zaroori hai ki listing wale din kya price hoga..
Aap ke hisab se sabne maal apne pass rakha hai to negative listing hoga??
Due to high subscription, chances of allotment are quite low and IKIO may list as high as 475+. As most of the investors won't get it thru IPO, many of them will try to buy it during listing. So these same people are trying to push down the GMP.