Did not get SHNI mandate for Interarch from ICICI which was done along with two SME application. Got for two SME application on the same account with the same application 'IPO PREMIUM' but not for Interarch. Can anyone suggest what to do?
@Chhote Lal@Doctor strange had absolutely same view and was on ASBA all this while. But for Minor account I don't find ASBA in almost all banks so have to use UPI, this issue is for Minor account in ICICI.. though i applied in Unicommerce and Sarwaswati in same account with UPI.
If you have to apply through upi only then don't wait for the last day.From last 2 ipo i am also facing some issues like mandate not coming, getting rejected
@SPARTACUS Not really, min lot application ensures you are in race, odd lots sometimes are not considered for lottery if applications in that group are not sufficient. Study BoA (Basis of allotment document) of some past issues for more clarity.
199. Redhu Jind| Link| Bookmark|
August 21, 2024 6:33:23 PM
Top Contributor (400+ Posts, 100+ Likes)
Zerodha to stop sharing brokerage revenue for demat account opening through referrals.
setback for CG.......
Read more at: https://economictimes.indiatimes.com/markets/stocks/news/zerodha-to-stop-sharing-brokerage-revenue-for-demat-account-opening-through-referrals/articleshow/112660932.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
For this IPO when bNII(>10L) is subscribed 127 times, sNII(>2Lac &<10Lac) subscribed 84 times and Retail(<2Lac) subscribed only for 16.87 times, Then in this scenario Applying for retail is the better option as it has subscribed only 16 times?. OR bNII .can you clarify or may be i am missing some knowhow/knowledge. Note: Consider a scenario where you have only one account to apply not having any other/family member account.
198.1. Display| Link| Bookmark|
August 21, 2024 4:21:38 PM
Top Contributor (400+ Posts, 200+ Likes)
For allotment, retail is a better choice. But if you consider profitability, then if luck favours you , more profit in BHNI. So make your choice accordingly.
@chandy Application wise, subscription numbers will be different than you mentioner. Moreover, even though bHNI application amount is Rs 10L, in case of oversubscription, they are allotted only 2L worth of shares. Effective subscription nos. in bHNI gets divided by 5. Talking about bHNI v/s retail, if you see - not too much of difference in subscription. But bHNI will give you 2L worth of shares whereas that for retail will be just about Rs 15K
Today Indusind bank facing UPI issues.... PhonePe Gpay not completing mandate process... Auto Setup in process.... and after some time it shows failed...
Yes same issue facing from indusind bank UPI. Any complaints raised? Any expected resolution on this Issue?
184. Som mca| Link| Bookmark|
August 21, 2024 4:40:07 PM
Top Contributor (300+ Posts, 200+ Likes)
Where you super bullish on multiple application, Retail SHNI, BHNI, if possible BBHNI, BBHHNNII and so on....... there you you get very less allotment and decent/low gain e.g. Bansal, Indegene, Akums, Unicommerce, Saraswati etc. Where you very much bearish, poor fundamental, e.g. Voda, Bharti Hexa, Firstcry, OLA Elect, not properly applied also even in retail quota, there people get un expected return........ Moral of the story think differently when others are bullish, and over active on so called bearish company. - Study your self for Premier energy before buy/sale.