Bhaio...apne to LIkhitha me se successfully nikal liye...yesterday gave a written application to my banker with full details...end in the evening my fund unblocked.
DENA BANK is worst of all banks, not only there is no option of cancellation or modification of Bid but they have mentioned in the rules that Application once made can not be cancelled. Only God can save those who have applied through DENA BANK.
Very true Modiji. I have made so many efforts to cancel my bids, but of no use, visited branch, contacted Capital Market Branch, nothing worked. God knows what will happen. still trying to cancel bids. I think last option is to email Ragistrar of this issue to cancel my bids. Dont know that will work too.
For Indian overseas Bank IOB, cancel IPO menu will work only if bid is not yet submitted to exchange.once bid is submitted, cancellation can be done through depository branch only . For cancellations , one should mail to deposit@iobnet.co.in quoting the IPO name, application no, account no and login id . Depository branch will be doing the cancellation based on the mails received.
I ve seen if all r cancelled applicants but investment is increasing..
227.1. Johny| Link| Bookmark|
October 6, 2020 8:46:46 AM
IPO Mentor (800+ Posts, 1000+ Likes)
Already replied earlier
Don't go by subscription numbers they are not reliable.
1) Those who have cancelled/withdrawn - may not reflect in subscription numbers. 2) Many NII and Retail are applying duplicate applications for same pan/demat so that all their applications get rejected as they are not able to cancel/withdraw their original applications
Real subscription figures will be revealed in BoA.
226. SHANI| Link| Bookmark|
October 6, 2020 12:49:32 AM
(300+ Posts, 300+ Likes)
Is it possible.. In future if ASBA it self give facility to cancel ipo application., whether we had apply thru any bank or broker. Just go to website and insert application number and cancel/withdrawal it. Then no question how to cancel my application. Hope so
people are cancelling applications here but checkout the QIB subscription 22.48 after updating in price, you can wait till 7th and seniors advise on this...
225.1. Scrip| Link| Bookmark|
October 6, 2020 12:26:56 AM
Top Contributor (500+ Posts, 200+ Likes)
It is not after update in price, it is after change in category wise quota. See share quota above u will get to know. On Friday QIB quota was reduced to 1%. Earlier it was 50%
It is a case of cheating. QIB quota reduced to 1% and that's why the participation is showing 22.48 times. This ipo will meet its fate like Angel Broking, upcoming listing of UTI AMC ipo.
how to cancel application applied through HDFC ASBA
222.1. Scrip| Link| Bookmark|
October 5, 2020 11:30:29 PM
Top Contributor (500+ Posts, 200+ Likes)
Go to HDFC NetBanking Open IPO application Then select IPO Order Book Select the IPO and the date of applying After selecting list will come there u will see modification and cancellation button Select Cancellation Ur done
221.1. Scrip| Link| Bookmark|
October 5, 2020 11:26:32 PM
Top Contributor (500+ Posts, 200+ Likes)
Approach the same bank to which you had submitted the ASBA and request for withdrawal through duly signed letter citing your application number, TRS number, if any.
Main Line IPO for 60 Cr issue indicate probable punter game. Allocating QIB quota to NII is in continuation of the game. Headline you see on TV screen is extentending time for convenience of QIB. But actually they reduced allocation to that category. By the date of closing who ever QIB had applied would have got full allotment. Whereas after reallocation they would not get. Still there is no complaint from that QIBs. That means game is on in full swing. They are managed to keep quiet and promised huge return even with small allotment, provided NII are allowed to get free hand in post listing game. By the way somebody said that people making multiple applications to get cancelled automatically. LOL we are not living in fool's paradise. People will scramble to have a pie of cake which is for sure on listing date. I would say don't get out. Hang on. If and only if retail investors don't purchase on day of listing the game will be spoilt and NII would end up burning own fingers. But history doesn't indicate that sort of maturity. Good luck to them.