Jyoti CNC Automation Limited IPO Message Board (Page 38)

No ASBA in Bandhan. Only UPI, so we cant apply HNI applications.

I'm applying Hni application till 5 lac from bandhan bank upi, got alloted also many times in sme & main board ipo.

Asba facility is not available there.

Prefers to use IDFC ASBA for more than 5lac rupees application.
(Both banks gives 6-7% interest on saving bank account)

​@Yashashwi - how is the overall experience with IDFC? Also can we apply BHNI? I have account with SBI and it provides just 2.7%

It's really Fantastic experience with idfc asba.
Yes ofcourse...we can apply bhni application till 3.30 pm on closing day.

Best part is doesn't have to write demat account number everytime while applying....just add it once & apply by selecting ipo & fill desired quantity of share that's it.....application completed with a single click no password or otp required.

Seen in many banks like hdfc that we have to type demat account number everytime, not even we can copy paste it while applying through asba.

Also...7% interest on maintaining 5 lac+ balance with It's regular saving account too.
(That is nominal to maintain for the one who is applying bhni applications)

Bandhan Bank se bhni apply hota he??

I am from RAJKOT. I know about this company. If someone really wants to invest in Rajkot based CNC machine manufacturer, then look at Macpower CNC. But this one is clear AVOID.

Aap advisory chalate hain? Same naam se ?

Very bad company..
Losses in all FY..
Very very low profit

Panauti

Strick avoid....... Don't apply even if there is GMP....... Doobata Jahaaj Hai.....

Dear newgen ji, I hope you see this message and put forward your opinion about this stock in an unbiased manner, like you have always done. Looking forward towards your advice, brother. You're one of the few people on this forum that I actually trust.

Please help me figure out the correct course of action for AZAD ENGINEERING.

I bought 700 shares at 720 each in the pre market during the listing, worth roughly 5 Lakhs.
It looked good to me at the moment, and figured I should buy it for long term.

But I'm actually scared now, and I need an unbiased opinion from someone like you, if I should actually hold it for long term. It's not like I am desperate for the money, it's just that I do not know much about valuations/fundamentals, and the likes. I actually work full time and I do not have the time to look at charts all day. I just buy nifty etfs whenever it goes down.

All I wanna know is, should I take the risk and keep it for a few years, say 5 years? Do you think that AZAD ENGINEERING will pay off, considering that I bought it on the listing price of 720. As said, I am not desperate for the money, and I can forget it in my holdings for a few years.
Looking forward to your reply newgen ji 🙏