Indegene Limited IPO Message Board (Page 41)

No option for minor in idfc first bank for ipo application. Only 18 years and above gets the option to apply. Try HDFC Bank

For minor ICICI + prostocks best I am using.....

You can submit physical form of minor in idfc bank....i am doing same practice since long...

​@chittineni Brahmananda Rao  I talked to ICICI bank executive. They are saying you can not apply IPO online through ASBA from minor's Account whose age is below 10. Can you please confirm?

Please suggest bank from which I can apply IPO online through ASBA for my kid age 6. Thank you.

​@investorrr I apply using ICICI ASBA for minor below 3 only, may be they dont know the process, call you relationship manager it should work.

The icici minor account showing parent pan card. So the application would rejected

They will say like that only. Tell them to just update child pan ....
Updation of child pan will be done manually....

​@chittineni Brahmananda Rao Can you please tell me if I got shares in minor account then can we able to sell from minor account or we have to transfer first to Parent account?

​@chittineni Brahmananda Rao 

Sir I have asked branch to update my PAN as my child's pan is there in bank so when I try to do ASBA, it shows my PAN card.

however the branch is not having clue, can you please guide what process did you follow or if you can just tell concerned branch, I myself ICICI (non branch) emp, I can reach to that branch and know the internal process from them only

​@Lucky Mohit Sorry Brother.. I never used any debt instruments for applying in ipo..
I will not recommend this method to apply in ipo's.. Because in ipo 1.5 cr application in sme'.. & 10 BHNI applications in mainnboard ipo can remained Non allotted.. !!

​@Lucky Mohit Your broker might be allowing debt IPO through UPI option, just ask them or search in the broker app..

But beware NCDs or debt IPOs are a far risky debt product than FDs. First of all find out all about those. There is a section on NCD in Chittorgarh site..

Unlikely , retail will be around 25 to 35 times or more

@doctor strange

Means you are expecting 1 crore plus application in retail category

😂😂😂😂
कल 12 PM के बाद बमबारी होंगी minimum 15× expected

Are bhai

Suno jara

Sabar karo

Kal 4-5 baje tak

Subscription Estimate
BHNI 60-70X
SHNI 30-40X
Retail 6-7X

7-8 x maximum in retail

Retail is not expected to go beyong 7-8 times

​@Doctor strange 4 Lakh application required for 1x and you are saying 25x means one crore application
Impossible
Sorry to say but you are saying very strange 🤔 😊

Ok i miscalculated in reatil one, but i feel overall subscription will be higher ( huge demand in our local group ) ,no application wise but overall ( i know many people who still apply 5 to 10 lots even in oversubscribed IPO )
Lets wait till evening to see final subscription status

​@Doctor strange Where to look for application wise subscription in each category during IPO period?

@ROAR I Get that from our broker in IPO group

​@Dr MAHBOOB ALAM First check if the funds are blocked in the bank Ac, if blocked then no problem..

Broker and UPI apps sometimes are late in updating status..

Don't worry, it's technical error.
If funds are blocked, then your application is successfully placed in exchange.

Same happened with me in groww I have cancelled from groww and re- applied
Now both of my funds are blocked
But previous application got cancelled

@Vimal garo Sir but in nse IPO verification site also it's not showing that I have accepted the mandate

​@Dr MAHBOOB ALAM 
If you have applied after 5PM then wait for the market to open tomorrow... After 10 Am tomorrow your application will submit to exchanges. Then it will show in ur demat account and also in verification where u are searching

Bhai..aap abhi bhi iss sabse fissaddi bank se kyon bandhai hua Ho.. Koi bhi app to theek se chalti nahi isski.. Mera ek a/c hai issmai.. Bank ki netbanking start karne ke liye kai baar bank manager ke saath meeting kar chuka hun.. Lakin site hamesha down rahti hai ya searching aati rahti hai..
Staff kahta hai.. Alahabaad bank jaisa haathi hamarey chote se bank mai murj karne se hamara network kharab ho gaya hai..
Behtar hai.. Psu chod kar .. HDFC ya ICICI.. Bank mai a/c open karo agar ipo mai chain se apply karna chahte ho to.. !!

You are absolutely right @diwan kapoor  , private banks are generally more efficient, nothing against PSUs. Just a fact..👍👍

Best you apply for kotak Mahindra Bank.
Nice it's for ipo. Even SBI gives option for applying debt as well as equity IPO. This feature i have not seen in any bank. Best is SBI for applying ipo

​@Lucky Mohit Kotak Bank is also fine for ipo.. But not happy with SBI,it's timing of 2 pm for asba application is not suitable....untimely fund unblocking is also a issue in SBI..Today I miss 4-5 applications to apply in Slone, due to late fund unblocking by SBI..after using SBI asba for more than 10 years.. Just before 2 month I have opened my family bank a/C's in ICICI..
Today at around 1.50 pm SBI unblock the fund.. & I transfered this fund to my ICICI a/c..& than apply in Slone.. But missed other 4 application due to time over..
Otherwise SBI app is also very fine.. & user friendly..!!

yes correct but its still a lottery and the probability of getting allotment is what these numbers will say

Absolutely correct, bhni has best chances in any ipo, period

In BHNI AS MY KNOWLEDGE IT'S 14 LOTS WILL BE GIVEN

kaha se dekha ji apako
3..71 %

R

High Allotment low profit - Retail..
Low Allotment high profit - sHNI.

baki aap samajdar ho sir..

I would have gone for 1 Bhni & 5 Retail.

Wait till 3 pm tomorrow to get clear picture of subscription and then you can do your probability math, that's the best way.

And also consider what @Jamnagar IPOholic has mentioned.

If you are happy with some gain go with retail, as chance of allotment will be better. Otherwise HNI. 1lag gaya to life jinna lala..🤑

Thanks for the inputs guys 🙌🏻
Correct sir @Imhilli … apan ko jingalala hi mangta 🤣

Thoda sa aur confuse krein to
I have one more option 2 BHNi & 4 retail

Yes Possible.

Thank you for your response.

Keep learning keep sharing

Thank to CG platform

No not possible as customer I'd will be same.

You can use your number, I have 22 demat account 20 HDFC and 2 BOB
HDFC 10 JIO NUMBER + 10 VI my own number

BOB 2 ACCOUNT Jio number

No issue at all irrespective of branch

Wow @Gadhavi Traders Excellent

Reject both