In normal circumstances not....as sat and Sundays are counted as 0 days , allotment in t+1 day ie on Monday night refunds on Tuesday .....however ideally once subscription is completed allotment can be done immediately automatically through software...... I have seen instances when ipo closed on Thursday , allotment done on Friday night however unblocking done by banks before 2 pm on Monday except SBI Who unblocked at 3 pm on Monday...
I had bought shares in ofs of Ircon international last Friday. The amount is deducted, but the shares have not been credited yet in my DMAT. Is this normal? How long does it take to get the shares credited in the DMAT account?
Thanks.
53.1. UjwalG| Link| Bookmark|
December 12, 2023 1:44:13 PM
IPO Guru (1300+ Posts, 600+ Likes)
are you sure amount is deducted? Because ofs shares are credited the next day, they also follow T+1 method
50. whiteFox| Link| Bookmark|
December 12, 2023 5:54:21 AM
IPO Mentor (600+ Posts, 200+ Likes)
Housing finance company normally not providing good listing gains....example...Aptus, Home first etc....Apply only for listing gains after observing QIB on last day....Gain may be around 25 percent...
@newgen sir &all other experts please share peer comperision of this company to justify the gmp.
46.1. Liger| Link| Bookmark|
December 13, 2023 9:38:08 AM
Top Contributor (300+ Posts, 500+ Likes)
@Shreya goel just don't go with peer comparison. Sector is very hot (peak cycle) due to higher interest rates. thatswhy all the finance related companies are queing up for ipo. the real test comes during the down cycle of lower interest rates. Untill then go with the flow and enjoy the rally.
43. CJ ROCKS| Link| Bookmark|
December 11, 2023 12:52:38 PM
IPO Mentor (800+ Posts, 500+ Likes)
@ Krishna T, Thanks Sir ji doing wonderful job again for updating the forthcoming IPOs list. For u and @Newgen Consultancy busy and hardworking days r coming. Hopefully u both provide as much as much information as possible like in the past IPOs. Hat's off to you both .👏🙏👍
42. Aaashish| Link| Bookmark|
December 11, 2023 12:49:52 PM
Top Contributor (200+ Posts, 100+ Likes)
Anyone using rd facility to apply ipo in Au bank
What is the fixed deposit name that needs to be done Or any would do
Is any having experience of applying to IPO Through SBI Securities via upi user ID. If so can you please share method of applying. Thank you in advance.
40. Prince 🤴| Link| Bookmark|
December 11, 2023 10:28:31 AM
Top Contributor (500+ Posts, 200+ Likes)
Will accent money available for this both IPO?
40.1. Paymzia| Link| Bookmark|
December 11, 2023 10:32:16 AM
IPO Guru (2700+ Posts, 4700+ Likes)