348. Gagz| Link| Bookmark|
November 23, 2023 11:36:13 AM
Top Contributor (400+ Posts, 100+ Likes)
Respected members. I have one question.
I have bank account in bank of baroda and using its application. In the app there is one option to apply ipo, where i can put my demat acccount number (i am using groww app) and pan number. If i apply through BOB application, will the ipo be directly shown in my GROWW account number??
348.1. k l patel| Link| Bookmark|
November 23, 2023 12:25:51 PM
IPO Mentor (600+ Posts, 200+ Likes)
if you are allotted shares then amount wil b deducted from your bank and shares will be credited to your groww acc on listing date. now you cant see application in grow acc
348.2. Gagz| Link| Bookmark|
November 23, 2023 2:21:27 PM
Top Contributor (400+ Posts, 100+ Likes)
Did pnb internet banking stopped allowing multiple applications for an ipo. Earlier I used to apply multiple applications from pnb internet banking, but now I could not see that option. Please confirm.
344.1. Paymzia| Link| Bookmark|
November 23, 2023 1:54:05 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Not only pnb all not allowed .
Only pan linked application only. From december 1 2023 onwards All third party applications not allowed
Experts @newgen consultancy - Which has better allotment chances? 5sHNI from 5 different PANs or 1 bHNI, given that both will require similar amounts to apply and in case of oversubscription in bHNI, we will anyway get only 1 sHNI lot?
statistically bhni, but as per my three years experience if i had to be in your place i would go with 5 shni which has practically chance of 2 shni lots worth 4.10 lakh(if u r lucky and alloted 2 out of 5 application) against 2.05 lakhs shares in bhni
Hi, Just wondering, can we know the numbers of unique applications instead of number of shares applied for in different categories group? I was not able to find this data either on bse or nse website.
If we can guess the number of applications in a particular categories, we can get it will be better odds to get allotment in which category and we can apply accordingly.
.. Right now in IREDA, it looks like the best odds for allotment is in retail category.
One Question - Suppose IPO is subscribed 14 times for SHNI, then will the allotment happen: 1. Either one SHNI person will get all 14 lots based on lottery OR 2. One lot per person which means proportionate. Sorry for asking it again, if already answered.
Friends - If I apply in Retail quota with 13 lots in an application and Retail quota subscribes less than 13 times, can I get confirmed allotment? Please suggest.