with the overall market being in positive, we should see a better listing as well as renewed buying from HNI as well..!! Hold on to your investments, instead of flipping on day one...!!
Overall the market being in the positive side, we should good listing and renewed interest as well...!! Hold it for a while for the real price discovery..!!
eagleye mem i want to apply quess ipo but all money is in mahanager ipo last date to apply quess ipo 1.7.2016 at 2 pm online please tell me mgl money released or not till 30.06.2016 i am in tension
Hi I had Applied for 385 stocks for 391 Rs however i was suggested that i should book at cutover price and hence i applied for additional 1 lot of 35 stocks at cutover price , however when i checked later after IPO was over , in my order book i could only see initial 385 stocks and no 35 stocks at cutover price , the money was also not visible in my IPO allocation .. Please suggest if there can be some issue with my ICICI direct login , has someone else faced such issue before???
If you have revised the bid, then as per ICICI direct
"you can revise your bid under the ASBA facility. In case of upward revision of bid, additional lien will be marked to the extent of incremental amount. However, in case of downward revision, differential money blocked earlier will not be released. Such amount, if any, will be released after allotment."
and Sachin yes ICICI direct allows multiple bid in case this was an additional bid. You can place three bids under ASBA. If this is the case with you, please check with ICICI on the issue.
I have applied in MGL IPO through PNB ASBA (Demat A\c-Angel Broking) ASBA amount is blocked but no details showing in BSE website against Application no. Also while searched on PNB ASBA website-application status it sows "lien marked" and NSE status as Failure...can any one tell me what is the actual problem in this case...Has my application not succeed. and if yes why money is not released yet..
Since the time asba was made compulsory, there are plethora of problems for every applicants. Although sebi''s intent is good, but many banks are totally illequipped & majority of bank staff are uninformed on this subject & don''t even have an idea what asba is. Sebi should have made sure that every bank have a contact dept for asba related queries before implementing the rule. If brokers are allowed to bid online using broker''s own bank a/c on behalf of clients, with foll conditions (a)let broker-client have their own arrangement of funds transfer for asba, (b) make unblocked funds to be transfered on same day to clients bank a/c compulsory from broker''s bank a/c Brokers, being better informed intermediatery than a bank in such issues, IMO, can solve many problems.