Any non allottees who have applied thru upi @sbi handle, pl inform whether their money has been unblocked? My application money applied thru upi @sbi has not so far been unblocked but have been informed by rta that i have not been allotted. Muthusamy
Nowadays application through UPIs are taking time to release funds no matter which bank you are using.It takes 2-3 working or maximum of 5 days to get your funds unblocked.
@Muthusamy Yes, my money was unblocked on the day when allotment was announced. SBI is famous for going in extended lunch break so you will wait. No other option.
But you may try contacting SBI customer support. It may help you to get your funds unblocked sooner.
@Owais Naik Not necessarily. A lot of non-allotees and operate different bank a/c have got their amount unblocked.
361.3. Owais Naik| Link| Bookmark|
August 26, 2024 10:42:12 AM
IPO Mentor (500+ Posts, 500+ Likes)
@Henry Avery Yes i know that but nowadays many are complaining against the delay unblocking of funds specially who applied through UPI eg HDFC was among the fastest to release funds but from last month they are taking 2-3 working days
bank of baroda & HDFC bank..why are you sitting on our funds, if IPO is not allotted. How to raise complain against these 2? only 30 min left for cut off
But asba also blocks funds after 10am upi does before it. Yes if ipo are lined used ASBA. Skipped orient due to this and some other reasons on company.
If your only aim in life is perfection then you'll never hit target 🎯.
@vikas bisoi One more thing regarding complaint part, funds blocked in IPO gets released in due course - most of the times instantly and in sone cases by approval/mandate end date (about 5 days), legally one can raise complaint till this date lapses. Post this date, one can check with RTA/Bank and in case of no response - take up with SEBI using SCORE grievance redressal portal.
As i dont use groww i can ans 1 and 2 @Henry Avery 1 u have to check simultaneously the prices in nse and bse there is no fixed system to check lowest price. 2 btst is buy today and sell tmr. Means u hold for one night. In intraday u sell it before 3.30. i.e. before market closes
If your only aim in life is perfection then you'll never hit target 🎯.
@Harsh Newguru Thanks a lot for answering my questions sir. May I trouble you once again by asking if you can show me with a screenshot that which price is the lowest price in Nse and Bse website for a stock in Pre-Open IPO session?
I had tried to check it myself but it showed multiple prices and I am bit clueless about it.
you can open both nse and bse sites in different tabs and keep refreshing it for staying up to date with the changing price (which keeps on fluctuating with minor difference) from 9 o'clock to 9:07 AM...post which the placing of the order and the price freezes until the trading begins.
also, here on this forum one has to be 180 days old (as far as I know) to post any image in the forum. not sure if Harsh ji is that old here but just sharing this fact.
@sauryadav U are partially right @Henry Avery Open nse and bse same time fast or if possible keep 2 devices with U. And @sauryadav ipo timing for preopen is 9 to 9:45. And 9 to 9. 7 is for listed shares. 😊
If your only aim in life is perfection then you'll never hit target 🎯.
Allotment is lottery basis but RTA allot only new investor first' time apply SEBI ka koi rule apply nahi hota RTA filter old pan and new pan allotment milta only jo first time apply karta hai
Mene 25 application dali 0 allotted past 3 IPO me 0 allot
Dear CG team, @Chhote Lal , @Tejas Pandya , I had applied for Interarch IPO through Gpay and authentication had failed but amount got blocked. After that I had applied through ASBA. I dint got allotment so one of the blocked fund is released and another not yet released. I am staying in abroad. Kindly suggest whom to mail for unblocking of fund.
Yes you can mail to registrar, sometime it works. I also faced the same problem twice. In first case I contacted my bank ans mailed to registrar too but blocked amount was unblocked after mandate end date. And 2nd case amount released after 4 to 5 days after allotment. So don't worry and wait till mandate end date.
350. StarSon| Link| Bookmark|
August 23, 2024 9:39:09 PM
Top Contributor (300+ Posts, 100+ Likes)
After Sanstar -1 retail Got 1 here also ✅ (Thanks Linkintime 🙏)
Exit today in Sanstar 🎊 Will hold this one for momentum ✅
I had mailed them but no response. Actually this application is not considered for allotment as authentication had failed. So, i dont think they can do much in this matter.
@Chhote Lal My funds in hdfc accounts are still on hold
PREMIUM
343. Modi Adani| Link| Bookmark|
August 23, 2024 4:15:46 PM
Top Contributor (600+ Posts, 200+ Likes)
@Chhote Lal Post IPO P/E ratio is still 17. Which is low compare to peers. Low P/E means good opportunity to grow and IPO given on fair price (not over valued), does my understanding correct?