Jyoti CNC Automation Limited IPO Message Board (Page 22)

** Off-topic**

Sir, saw your post regarding linked FD in Yes Bank. Can linked FDs be created online in Yes Bank or branch visit is required like RBL? Thanks.

​@MuStrFc online

YesBank - Linked FD can be created or closed pre-maturely online.
RBL - you need to visit the branch to create the FD.
ICICI - you can create the linked FD online, but to close the FD pre-maturely you need to visit the branch.

​@MVP Ji - I got feedback from RBL branch that linked FD can be created with max tenure of 180 days only. Is there any such limitation.

​@MVP  What is cutoff time for HNI category in Yes Bank & RBL bank ?

​@ajaykumar I created 2 FDs online for 18 months (18month has the best ROI of 8%) and then I submitted an application in the branch to convert my FDs into Flexi Sure FD. Next day my FD was linked to my saving account.

​@NareshZ  3PM

Thanks members. @MVP & @mark bab

AU Bank is also a good option.

Praveg also.

DCW Also

​@newgen consultancy Sir your views on shivalik bimetals? It has gone long consolidation of 6 months. Is it right time to buy?

​@newgen consultancy Thankyou sir.

Wardwizard sold @ 75 ... Any new stocks to buy?

Please reply

​@Not Smart  It is not surprising. Every Initial Public Offering (IPO) of a company has a certain portion of the issue allocated specifically for retail investors. Usually, around 35% of the public issue is reserved specifically for retail investors.

However, this percentage is only applicable to companies that have a track record of generating profits continuously for the previous 3 years. If a company fails to satisfy this condition, it is allowed to allocate only about 10% of the entire issue for retail investor subscription.

Thanks for clarificaton, will you please cite a few recent issues where the retail quota was limited to 10%.

​@Not Smart  Recent IPOs like DOMS IND and JSW Infra had only 10% retail quota portion.