Please help me members!!! My money debited and I got allotment in INOX 1 LOTRETAIL But shares are not visible / NOT CREDITED TILL in my demat account is there any problem?
SMS received from CDSL at 06:54 PM: Credit in a/c xxxxxxxx through IPO/FPO for 22-INOX INDIA-EQ on 20DEC. I have also checked in my DMAT account that it is credited there. It will be reflecting in Trading Account tomorrow at 09:00 AM.
Number of posts regarding UPI block, unblock and mandates failed Fail to understand why people are going after UPI, when asba is available and doing well (zero error, quick unblock etc..) Is there any edge applying via UPI over asba? Kindly share some extra benefits for choosing UPI (except for third party, which eventually stoped in future)
I am using ASBA as well as UPI in different accounts. In case of UPI, the process is easier, even less literate person can do simply. Also, every person is not having net banking access. Again UPI payment is unblocked before ASBA. When a no. of IPOs come in same time, UPI failure / late mandate arrival happens. The concern authorities should update their systems.
548.3. UjwalG| Link| Bookmark|
December 20, 2023 6:49:12 PM
IPO Guru (1300+ Posts, 600+ Likes)
Personally for me upi is fastest way to unblock. I have 2 bank of baroda accounts, they debit/unblock from midnight till 10 -12 pm max on allotment date. And as ipo trader said its also easy, just gpay and pin, anybody can do it. Higher the number of ipo, applications then it shows sign of fatigue. But havent faced any through upi
The only reason why I use UPI is if I wish to see the final QIB subscription before finalizing. Because SBI closes ASBA counter by 2 pm and HDFC by 4 pm. Also, in ASBA, I have to manually enter my DP ID everytime. This can be cumbersome for multiple applications. It's a small thing but not something we should be doing in 2023. I don't see any other benefit.
As long as we have substandard banks doing business, UPI will always be a preference for many.
Always in restraint of Mrs. Crow.
548.5. k l patel| Link| Bookmark|
December 20, 2023 7:40:13 PM
IPO Mentor (600+ Posts, 200+ Likes)
today both failed for me... while applying suraj estate ipo, baroda bank website did not open @2:30, so i applied through upi, but also did not receive mandate on gpay
Any one here from Citi Union Bank has applied, If so does the money got released or not? For me still the amount was blocked and didnt get the allotment.