I have a query, Dear friends. I applied to MGL 1 lot @ 421 and I did not check the cut off box in ASBA . What will happen if you check or dont check the cut off box ? Please Help .
dear all I am indian however since last 2 ipo I am out side india and applying online from out side india, is it possible that if you are applying in retail investor from outside india will reduce chances of allotment considering applicant is NRI ?
I think everyone here is Indian with an exception of few folks. :) Have you declared on the website and changed your status to NRI. Anyhow, irrespective of that, it would not make any difference. Considering you went to Australia, until you get citizenship and leave Indian citizenship, you are a dual resident and not an NRI.
Can I apply for an IPO using bank details and Demat account of two different persons? Ex- I have a savings account with SBI (with Internet banking) and my father has a demat account with Eureka securities. Can I apply using Demat details of my father and bank details of mine? If so.. Does it affect the chances of allocation?
SORRY BABY ! YOU CANT RUIN CHANCES OF YOUR ALLOTMENT MAKING MESS OF THE RULES . IF YOU APPLY IN A MANNER YOU ASKED,YOUR APPLICATION WILL BE REJECTED IMMEDIATELY EVEN BEFORE CONSIDERING FOR ALLOTMENT.. ALL THINGS MATCHED IS MUST. DEMAT ACCOUNT AND BANK ACCOUNT SIMULTANEOUSLY , BRO..
you can apply. In SBI you can apply five ASBA applicaitons per SB account. You have to feed the details of your father DP ID. Remember five applications mean five different names with different PAN numbers. when you feed details of your father DP the application would be treated of your father while hold be made on your sb account.
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June 21, 2016 8:54:12 AM
IPO Guru (2500+ Posts, 2700+ Likes)
YES you can apply , using your money, sbi account pl fill proper details of demat acc of father and pan number of father both should match ,
i have never been allotted any shares in any IPO when i did the same for my brother''s dmat account and my bank details.that too was SBI account.. Sorry..
Yes u can apply. I always apply through my saving account SBI netbanking and applying for my wife demat account. In that case u must have to give perfect details like..Register PANCARD of your father and demat number......no issue at all..........