You can't do it from Edelweiss. But you can do from your bank account, if the bank provides ASBA facility. Most of the banks having the option ASBA in their internet banking. In that you have to add your Edelweiss Demat details. Then you can apply from the bank using that Demat account. If you got allotment, amount will be deducted from your bank account and shares will be credited to your Edelweiss Demat account.
Ircon is a great company to invest. I am lured to see valuations which are decent. Now I m worried about its Premium which is now at 30/- Hence Considering low premium PSU. I am sure that listing gain Will be minimal. Better to add post listing for 6-9 months. I am sure that it will come with 20% gain. Considering solid order book and Modi Railway modernisation project. I am sure for post listing but looking at listing gain one has to think.
Let's go for 4-5 application try to get 1 /2 allotment and have patience. Company has nothing wrong with financials Only this is Revenue falling. Modis Big Project are lined with so wait. It can react like RITES. This surely is not GIC or Hal
Though I tend to have negative sentiment on PSU IPOs, my conviction didn't work for RITES... seems I should apply and take the risk this time, and there is no honour lost if I say I was wrong sometimes, though I have only one application, nobody wishes to dabble in share markets except myself in my family.