Can we make two application from different demat account through asba link with same bank account.
152.1. medge| Link| Bookmark|
September 18, 2018 12:18:37 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Yes, not all banks are allowing this, You can apply two applications from same bank account for two demat accounts which are holding by different persons. Multiple applications with same PAN card is not a valid case
151. techuser| Link| Bookmark|
September 18, 2018 11:33:41 AM
IPO Mentor (500+ Posts, 300+ Likes)
No QIB activity, is this IPO even gonna sail through? Earlier, people were taking about 12x subscription in retail. Now, I think, it'll max 2x in retail, so almost everyone will get allotment!!
yes recently when we observe such a trend, an absence of it raises some doubts
145.2. dpcdsl| Link| Bookmark|
September 17, 2018 10:36:19 PM
Top Contributor (400+ Posts, 200+ Likes)
This indicates that they are sure for subscription. Normally QIB and NII come on last day or say at last hours. But if allurement required for other investors, QIB bid on first day too.
I think it cannot be generalized, that is why I used word "recently". CAA Day 1 0.69x QIB HDFC AMC Day 1 1.19x QIB TCNS Day 1 0.29x QIB Varroc Day 1 1.04x QIB Fine Organic Day 1 0.17x QIB
140.1. hbk| Link| Bookmark|
September 17, 2018 7:42:41 PM
Top Contributor (300+ Posts, 100+ Likes)
Chittorgarh has given new tab for subscription figures for every IPO. Plz check.
139. hbk| Link| Bookmark|
September 17, 2018 6:14:54 PM
Top Contributor (300+ Posts, 100+ Likes)
Seems employee quota will not get fully subscribed. And balance shares will go to Retail. 500000 shares for 1175 employees is a bit too much to get fully subscribed.
139.1. SJ| Link| Bookmark|
September 17, 2018 6:58:01 PM
IPO Guru (1300+ Posts, 3200+ Likes)
Good news. 500000 ÷ 1175 = Average 425 shares per employee 425 ÷ 30 = Avg. 14 lots per employee.i.e 1,95,300 Rs. Let's assume some of these employees would sell in grey to their friends if we see subscription above/near 0.8x-0.85x IMO. And if employees are not showing confidence at all on the third day ( i.e less than 0.5x ) it would be bad news.Employees have inside information.They are quite sure about listing.Let's hope for the best.
138.3. SJ| Link| Bookmark|
September 17, 2018 11:25:29 AM
IPO Guru (1300+ Posts, 3200+ Likes)
bob full lot of problems.sometimes two application number for one application ! Avoid these banks bob pnb kotak.If you are alloted only 13950 shall be deducted from your account.So dont worry and relax.You can cancel and apply from another bank.
Thanks SJ ! yep I agree, I experience problem in BoB ibanking frequently. but I prefer Bob because bank allow me to apply 5 IPO from my single account. I have multiple demate account so need to find other altenative.
Applied 8 application (physical) in B.O.B today @13950 with discount Amount blocked @ cutoff
138.7. SJ| Link| Bookmark|
September 17, 2018 5:47:32 PM
IPO Guru (1300+ Posts, 3200+ Likes)
@GSM. First learn how to write software.kotak doesn't allow to edit or cancel the IPO from the mobile app.Sometimes it fails to submit application to the exchange. If anybody applies from kotak , one can't verify it on BSE. Kotak bank allows only up to 2 p.m on the last day to apply.Even PSU banks are much better.I think you haven't tried any other bank.
@ Harit As you have posted earlier, you sold all the 8 applications at 300 kostak on 14th.Right ?