If she is minor, she can not sale allotted share. You can transfer share in your demate account offline and thenafter you can sale.
238.4. Johny| Link| Bookmark|
January 18, 2021 6:43:39 AM
IPO Mentor (700+ Posts, 1000+ Likes)
There brokers like Prostocks where you can open Minor Trading and Demat account. Guardian gets login/pwd and guardian can directly sell from Minor Account.
To know more about Indian Railway Finance Corp Ltd detailed document can be found below https://static.paytmmoney.com/data/forms/ipo/IRFCpdf.pdf Easily open a demat account and apply for the Indian Railway Finance Corp Ltd IPO here with paytm money app. https://www.paytmmoney.com/ipo To apply in zerodha: https://zerodha.com/ipo/
I always apply in IPO through three Pan members in family with all separate bank account, Last 8-10 IPO did not get a single allotment, any suggestion shall I apply in HNI category (Fund no issue)
Can anyone confirm that I have to enter my 16 digit zerodha demat id in asba beneficiary I''d in kotak? Will bid via absa only, seems upi mode is bad luck for me.
230.1. Lokesh Chiru| Link| Bookmark|
January 17, 2021 12:01:14 AM
Top Contributor (400+ Posts, 300+ Likes)
Yes u need to enter ur 16 digit demat account number in ASBA beneficiary as Zerodha is a CDSL broker platform.
229. Eagleye| Link| Bookmark|
January 15, 2021 10:17:58 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Hi! IRFC, total issue size is 4633.38 Cr or is it a grand total of, 1. Issue size + 2. fresh issue + 3. Offer for sales?? The addition of these three??
Aniket sir , Archid ply buyback pe expected er/ar And entry level plz suggest karo
224.1. Aniketiaf| Link| Bookmark|
January 17, 2021 5:48:38 AM
IPO Guru (1800+ Posts, 10200+ Likes)
There was no charm in Buyback of Archid Ply due to it''s Buyback price and size Vs retail holding. As record date is 19 Jan only, so no use of discussing entry level now.
Anchor list have all the big names and the exercise was very successful for a PSU IPO first time in history
HDFC FUNDS NIPPON LIFE ITPL FUNDS GOVT OF SINGAPORE INVESCO NPS TRUST of SBI PENSION FUND BNP PARIBAS KOTAK MAHINDRA GOLDMAN SACHS SINGAPORE TATA AIG GENERAL INSURANCE RISING INDIA FOCUS FUND ADITYA BIRLA SUN LIFE INSURANCE
A morale and confidence booster. Don''t go by GMP, just apply in this IPO.
This is one of the IPO which is not for listing gain but to keep in your portfolio for medium to long term. Most undervalued stock with a P/E 6.8 and P/B 1.
How it''s decided that the application made is 3rd Party or not in ASBA through Net Banking? Say:- 1. On the basis of Applicant''s Name and Bank account Holder''s Name 2. Or On the Basis of Applicant''s PAN and Bank Account Holder''s PAN 3.Or Both
221.1. P Patel| Link| Bookmark|
January 16, 2021 9:21:57 PM
IPO Mentor (900+ Posts, 900+ Likes)
2. Or On the Basis of Applicant''''s PAN and Bank Account Holder''''s PAN
1st >> IRFC (best chance of allotment, less profit is better than no profit plus if you can hold till budget, surely there will be good news as has been the trend past many years)
2nd>> Indigo Paints (lower chance of allotment but 50% gains are expected. Company is in supergrowth mode and trades at 46 P/E on FY23 basis which is 25 to 40% less than P/E''s of Apaints, berger FY23 basis)
3rd>> Home Finance (If issue price is 500-520, seems a bit expensive but considering the phenomenal growth that it has had, wouldn''t be suprised at 10-20% listing gains but retail allotment will again be lucky draw but HNI funds will be very limited due to being last to list)
219. SkDash| Link| Bookmark|
January 16, 2021 7:46:36 PM
Top Contributor (1000+ Posts, 200+ Likes)
Can we submit multiple applications using single UPI Id? Does it treated as duplicates?
219.1. Paymzia| Link| Bookmark|
January 16, 2021 8:09:50 PM
IPO Guru (2400+ Posts, 4500+ Likes)