Is it mandatory that SB account No. where IPO application amount is blocked and default SB account No. in Demat Account (in Client ID) should be same to be entitle also for allotment process ? Please advise.
Okay Railways is monopoly of govt. IRCTC has monopoly in railways passengers revenue Online ticketing is growing not just reserved but URT also Catering onboard is under IRCTC Whole trains are given them to run, tourism (less discussed) business is a profitable arm, +10 RS con.charge make it more Attractive to me Now some raising about P/E,eps etc Monopoly business can't be seen on that basis alone, Who believed dmart,hdfc AMC,Dixon,will give us 2-3 fold returns? Costly stocks are getting costlier, I was reading about this ipo in some microblog sites and according to them govt.missed opportunity to fix priceband of this ipo(they believe it should be much higher)for obviously above reasons Have a nice day Thanks
398.5. Pradip IPO| Link| Bookmark|
October 6, 2019 3:48:33 PM
Top Contributor (400+ Posts, 500+ Likes)
Coal India enjoyed monopoly till now before 100 % FDI in coal mining sector. GIC RE enjoyed monopoly for reinsurance. HAL , BDL & many more PSUs which enjoyed monopoly.Investors kept distance from all monopolies of PSUs. DMart HDFC are known for their promotors' reputation and transparency in management.
398.7. Pradip IPO| Link| Bookmark|
October 6, 2019 3:51:11 PM
Top Contributor (400+ Posts, 500+ Likes)
Btw Aniket Ji, aap kitna price par listing expect kar rahe ho ?
And if allotted, what will be the best price to sell the shares.. :-)
Is it either at pre open price or at some price later.. :-)
398.8. Aniketiaf| Link| Bookmark|
October 6, 2019 3:51:56 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@ harit, Who believed dmart,hdfc AMC,Dixon,will give us 2-3 fold returns? ....
I believed, ( Except Dixon) Not only believed, but also mentioned many times before listing day on chittorgarh itself. That's why I purchased 100 shares of Hdfc AMC @ about 1800 just after listing. Regarding Irctc, In brief, Keep one thing always in mind... It's PSU. Regards.. Happy Navratri.
398.9. Aniketiaf| Link| Bookmark|
October 6, 2019 4:04:52 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@ Pradip IPO , It should list below/about 500. Any rate about 550 will be the best price for me to leave this share. (It's my personal opinion, shouldn't be treated like expert's view.) Thanks.
If it's not a PSU, surely it would have potential to cross 1500rs in 2 to 3 years time. But the white elephants do want their share. this will apply brake on share price upwards movement.
398.11. Pradip IPO| Link| Bookmark|
October 7, 2019 12:02:53 AM
Top Contributor (400+ Posts, 500+ Likes)
Today's high is 790.00 This is fresh buying I still believe it will rise up to 1500 in 2-3 years 50 spl.trains and 150 stations (rly) will be allotted to IRCTC for operations and modernizations in next 6-12 months IRCTC will be treated as SPV(special purpose vehicle) To privatize railways Also E-ticket will be mandatory for premium trains like,VB,DURANTOs,HUMSAFAR,and others Altogether makes this company look very attractive to me (My personal views)
I applied 5 applications (different PAN) through SBI ASBA, only one lean is marked and remaining 4's lean not marked and I got only one bid confirmation message , why it is ? if any one aware, pls clarify
394. Eagleye| Link| Bookmark|
October 6, 2019 6:43:49 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Work out share rate of IRCTC 1.QIB--------320+76===396 2NII---------320+250===570 3.RII-------- 310+10====320 4.emp-----310+4=======314 @10% interest 8 days
Previous track record bhale hi Aniketiaf sir k favour mai jata raha ho, laken mai chahta Hun ki "agar mujhe share allot ho" ???? to Listing mai Eagleye mam ka rate reflect ho. ????☺️????☺️
390. Aniketiaf| Link| Bookmark|
October 6, 2019 1:59:29 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Hello Mr.GUNDU ANNA, Before typing the message, please check whether it is actually the amount debited for the IRCTC IPO and then type the message. Thanks.
There seems to be a lot of confusion regarding mode of application. Henceforth the current application methods will remain valid forever. So, only ASBA applications will be allowed.
There is confusion because people think that ASBA means net banking. But ASBA just means blocking funds (rather than actually giving money and waiting for refund) and ASBA can be done by both methods - net banking and UPI.
What is NOT allowed is physical submission of IPO form to broker along with the cheque which we used to do earlier or any other method other than above 2.
Cheque method already gone, those who submitting physical forms and then do asba for that people this UPI is there, I submitted 5 application from 1 bank account of different people it's accepted.
Kindly clarify whether the ASBA method will be continued for the future IPOs (or) not. This UPI/BHIM method of applying for IPO is very confusing and complicated. ASBA method is very simple and it is doing well for the past so many years. I don't understand why it should be changed? Chittorgarh Admin & Experts, kindly clarity.
Net Banking ASBA is much better then UPI SBI is Better as Demate Details saved for further Axis, Indusind Bank is also good as details saved HDFC and ICICI captured Demate details manually every time. . .
Experts please clarify is ASBA working in next IPO or not as some rumors are there that ASBA is not working from next IPO
I suggest naver use axis upi app, at 10:30 am i applied for ipo, found 2 app for axis bank but mandate received in late night, futher found ipo applicayion rejected.
Don't know if it will continue. But banks are not fully equipped for UPI , software issues and netspeed are key hurdles, Also security concerns But Sebi should allow physical forms submissions to banks For those who don't know how to deal with new system