753. sdz| Link| Bookmark|
November 25, 2023 1:26:46 PM
IPO Guru (1200+ Posts, 500+ Likes)
No benefit of T+3 listing for bHNI borrowed funds if an IPO closing day falls on Thursday or a Friday and more sickening if Monday is a holiday too like the current week 😀 Interest on each borrowed bHNI 10Lk application will be Rs1,200-1,700 🤪
Can you tell me which bank or institute is giving hni ipo loan.. and processing fees also? Thanks in advanced. :)
753.2. MuStrFc| Link| Bookmark|
November 25, 2023 2:25:50 PM
IPO Guru (3000+ Posts, 2400+ Likes)
This was all planned well in advance, 5 blockbuster IPOs back to back with huge subscriptions and with the same registrar all across, definitely an extra off-day is needed for processing so that listing of all happen before the election results.
Some of the major institutions charges way more that what you mentioned. As far as I know, HNI will be charged flat Rs. 2000/- for minimum 7 days irrespective if you get unblocking done next day or after 5 days.
753.5. MVP| Link| Bookmark|
November 25, 2023 2:50:04 PM
IPO Guru (1500+ Posts, 1100+ Likes)
I predicted this August, more and more IPOs will close on Friday.
@Warren i think bajaj finance or aditya birla capital have financing options you can give them a call
753.7. sdz| Link| Bookmark|
November 25, 2023 3:05:48 PM
IPO Guru (1200+ Posts, 500+ Likes)
I applied in 5bHNI*3 IPOs IREDA/Tata/Flair with partly own funds and partly overdraft loans @13%. I realised only today that today and Monday are bank holidays and calculating max interest burden if Nil allotment in all 3 IPOs 🤣
@sdz Wow can you please tell ke overdraft aapne kisi cheez ko collateral rakh kar liya hai? I personally use fd for collateral on overdraft uspe i pay 10% or less
753.9. Anshujii| Link| Bookmark|
November 25, 2023 4:48:22 PM
Top Contributor (700+ Posts, 100+ Likes)
Bhai..you mean to say 5 bhni in each ipo..means 1.5 cr..am I right ? If that be so even if you alloted only 1 bhni ( may you get all 15 BHNi)it will be net benefit..
753.10. sdz| Link| Bookmark|
November 25, 2023 4:57:51 PM
IPO Guru (1200+ Posts, 500+ Likes)
@Anshujii yes 5bhni in 3 ipos. Irdea 2/5 bhni allotted. So hopefully interest amount for all 3IPOs gets covered 👍
Hdfc ki service kaafi kharaab hai, I applied all 4 ipo by HDFC UPA, I DONT RECEIVE ANY UPI MANDATE TILL NOW, AFTER 3 DAYS Monday i will open new bank account in south indian bank and shift all my balance there
allotment milna nahi tha or mutal fund walo ko pata bhi lag gaya ki retailer ke paas paisa bhi hai ab call aana start ho jayega aapke paas 5 ipo ek saath aise hi nahi aaye ye sab planning ke saath hota hai
Your bank has been instructed to unblock Rs. Xx6240.00 for IREDA IPO applno 22900004830xxxx due to non-allotment. Please contact your bank or ignore if already unblocked. LNKRTA