I have not signed the POA with my broker (Angel broking), but I have received the TPIN for e-DIS from CDSL, so can i sell share directly using this TPIN or do I need to sign the POA?
434.1. Paymzia| Link| Bookmark|
January 28, 2021 1:53:48 PM
IPO Guru (2400+ Posts, 4500+ Likes)
CDSL 6 digit TPIN is a password that authorizes a broker to withdraw shares from the customer''s Demat account. The authorization is valid for 90 days for the selected stocks for which it is given.
CDSL TPIN was introduced in June 2020 as an alternate to the Power of Attorney (PoA) given to the broker
Brookfield India Real Estate Trust REIT IPO issue opens on 3 Feb 2021 Issue closes on 5 Feb 2021 Price Band: 274-275 Lot size 200 Units Application amount: 55000
427. Scrip| Link| Bookmark|
January 27, 2021 6:23:25 PM
Top Contributor (400+ Posts, 200+ Likes)
Sebi in talks to cut down minimum application size to help retail investors SEBI is in talks to reduce the minimum application size from Rs 15,000 to Rs 7,500-8,000. If the application size is decreased, then the number of subscriptions will increase, which is helpful to retail investors, say sources.
This will be good moov if implementation is done as said. As some of friends said in the comments that it will definitely decrease the profits but the numbers of people who got allotment will also be double. So according to me it will be win win situation. But from last 10 IPOs how many we got 2-3. But in this situation it will be double the possibility. I am in favour of this implementation. What''s your thoughts?
On the contrary, chances of allotment increase by 100%. As the number of applications remain the same against doubling of available lots. So stop talking nonsense.
Bad move. Only those having high number of demat and family accounts will benefit. Those who get listing will hardly gain 1-7k per IPO.. will spoil IPO Market overall.. rather they should increase min lot size so if you get even 1 lot, it should give at least 10-25k profit
427.10. Scrip| Link| Bookmark|
January 28, 2021 11:24:48 AM
Top Contributor (400+ Posts, 200+ Likes)
I think here motive of SEBI is not to look after profit for investors but to provide opportunities to more investors as by doing this more people will get allotment.
Sir, Chill karo... Allotment aur refund ab 5 din mein ho raha hai without amount getting debitted, go to flashback when you used to stand in line for hrs to deposit your form, wait for months to get alliotment/refund order.........
Jara yaad karo wo din, even forms where sold in black market for IPO
I opened saving account in BOB for applied upto 5 asba application. but i tried to add new investor but bank not accept new investor detail. now only 1 application submitted in bob. pls bob customer complain to bob customer care.
It''s very surprising to know that allotment of share isn''t yet completed. Is there any responsible person from registrar to answer the question?
Is there any rule with regard to time for making available allotment status? Is there any punishment clause on registrar''s Part for not abiding this time rule?
As per the time schedule, the meeting for criteria of allotment is scheduled today. so allotment will be decided only after that. May be tonight or tomorrow morning.
Madhav ji, no need to use harsh words for this
423.2. Paymzia| Link| Bookmark|
January 28, 2021 11:41:07 AM
IPO Guru (2400+ Posts, 4500+ Likes)
everyone needs time to finalize and we do not know the backroom operations of such an ipo session....folks must be burning midnight oil for the past few days to ensure no errors (else, sebi would chew their posterior through penalties)
give them credit first.......its not like your mandi shop.....(pun intended)
Let me make clear that YES I AM A NEW PLAYER IN IPO MARKET. As such I have put my words, may be somebody feel them harsh. As a layman I am having a faith that the time schedule declared well before, the same is to be followed in real words and spirit. Allotment status must be made available in early morning or atleast till 13.00 hrs on the specified date. Keeping this in mind if anyone still have objection to my words, I am sorry.