Let me share my experience. Rolex, 0/4 from Bank ASBA (NO 3rd party)
Allotted 1/1 from Third-party UPI (Demat Account activated in Groww around 3 PM on last day of subscription, Could not apply to IPO from same person bank account, So Around 4:45 PM applied from his Groww account using my UPI ID) (my bank name and his demat name not matching any firstname or lastname)
Bingo, got allotment in his first application attempt is highly oversubscribed IPO from 3rd party UPI.
Hats off to our allotment process. I know people apply genuine applications and never got allotment in few years (in terms of oversubscribed IPO) The third-party rule is there only to show off. at the implementation level, nothing is there from the registrar and exchanges. They are forcing banks only to not allow 3rd party applications. But what Exchange and Registrar is doing on this, i think they are not even working on this, they dont even know how to identify 3rd party applications.
I checked bse site for my krsnaa application status, one application rejected by Bank for other reasons. Two application status mentioned as awaiting upi mandate approval (both in Angel app and bse site), I already accepted mandate for 3 applications and amount is on hold. Questions: can I update my rejected application to new upi ID? Can I accept the mandate again assuming earlier hold will be released. All application upi were to same union bank account, will this be a problem? How many Asba internet banking/ upi allowed for union bank of India?
Forum members, kindly address the questions few or all :)
one concern, In My Bhim Application when i have process for transfer payment bhim showing me time out error, but i got the message from HDFC Bank that amount successfully blocked, so what should i do? how i verify that my application was successfully submitted??
Har ek bank me hi problem tha kya? Mera bhi sbi asba me 4/5 baar apply karne k baad ek ek baar otp/high security password ka msg aaraha tha, 2 din me jaake 4 me apply kar paya.
All the four IPOs are closing simultaneously today, the competent authority has approved the extension of bidding timeline for Retail Category till 08:00 PM today. Further, the bid modification window may be allowed from 09 AM till 11 AM on T+1.
138.6. lokes| Link| Bookmark|
August 6, 2021 7:55:58 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@spock : in zerodha below error is coming while applying for krsnaa ipo, from more than half hours i am trying:
Error placing order: Your bid could not be placed because market is not open.
in yes bank, not able to see any ipos in active ipo list from last one hour.... kotak bank also not showing, idfc first bank also not showing, hdfc bank also not showing.
138.8. lokes| Link| Bookmark|
August 6, 2021 8:05:43 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@spock: definitely you are giving wrong info about zerodha since i am trying from last one hour in zerodha ipo via upi but same error is coming.... you might have just seen Apply option in front of companies name but when we are going inside for applying then during submit , this error is coming. i dont think anyone is able to apply in zerodha now, atleast for me its giving error.... and no bank allowing from last 1 hour as mentioned...
I am not sure how many were really able to apply in extended time? Canara accepted at 5pm but afterwards, none of the IPOs were showing Zerodha- I have been checking every now and then but with no luck
136. Kishore S| Link| Bookmark|
August 6, 2021 3:59:56 PM
Top Contributor (200+ Posts, 100+ Likes)
by looking at the negative comments on this IPO in various forums, decided to bet on Krsnaa Diagnostics.. No issue even if i dont get significant listing gains as I can hold for long term... Let''s see how it turn out
It is always issue could not apply in Zomato in HNI due to this and lost the opportunity to make good money but allowed in Glenmark which is not much of use now again same issue but managed to apply through SBI ASBA in retail category