@Paru Patel , with IDFC net banking can we apply online IPO for HUF account just like normal savings account ? I'm not seeing that option for my HUF account. Normal savings account I'm able to apply.
@Paru Patel , Thanks for your reply. Actually I usually apply bHNI applications which needs ASBA (as UPI application limit is currently upto 5 lakh only).
Seems Another Gland Pharma in making. Retail Quota to remain undersubcribe to the extend 50% share. 8 to 10% listing gain is not ruled out with 3 to 5% listing loss.
376.1. SamJos| Link| Bookmark|
April 26, 2023 5:18:26 PM
Top Contributor (500+ Posts, 100+ Likes)
Actually it is reverse. possible upside 3-5% & downside 10%.
376.2. SamJos| Link| Bookmark|
April 26, 2023 5:26:18 PM
Top Contributor (500+ Posts, 100+ Likes)
Aur Gland Pharma ka dhol toh fat gaya. Gland Pharma IPO in Nov 2020. Listing gainns 21.36% Max gains +280% (Aug 2021) Current gains -10%
Friends I already applied for 14 lots in first day itself.. My amount also blocked.. Now can I cancel my application? Is it possible please guide.. Thanks in advance..
No you cant cancel HNI app. Although you can try by writing a mail to the RTA quoting your details informing them that you wish to withdraw your application. They may cancel your application from their end, but your unblock will happen only on the day all other unsuccessful applications are unblocked. This is only if RTA does help you in the cancellation process.
The other option is of putting in another application so that 2 sets of applications come in for the same PAN that would render both as invalid. But then this doesnt always work and sometimes RTA allot shares in 1st application while rejecting the second one, and sometimes allot shares in the larger application while rejecting the smaller one.
The third would be to let the shares get allotted...Its a good company and long term would give decent returns even though I am skeptical of any listing gains.
366.3. ipo share| Link| Bookmark|
April 26, 2023 3:04:13 PM
IPO Guru (1500+ Posts, 700+ Likes)
@IPObuddy Since you have applied in HNI category, you can't cancel application but now if you apply in Retail Category with same PAN number, both your applications will not be considered for allotment.
@IPObuddy Ignore all the comments your application is in retail category so if you applied from ASBA you can simply cancel/withdraw application no need to worry
@IPObuddy My bad. I didnt realise 14 lots here fall in retail. U can ignore my earlier message. If you have applied for 14 lots, then in this IPO it is in retail category. And retail applications can be cancelled from the bank site you applied from. Contact your bank, u should be able to cancel it. Else can write to RTA also.
365. Pradip IPO| Link| Bookmark|
April 26, 2023 3:14:27 PM
Top Contributor (400+ Posts, 500+ Likes)
They make some commitments before issue opening . So they are committed. Maximum of Big HNI applications are sold, so they applied before last day of closing.