Hi I am applying for IPO for my family member using UPI from Zerodha. I submitted the bid successfully but I haven't got UPI mandate approval request. Can anyone guide how long it would take for getting request notiication.
it is taking time, I have received after 1hr. Looks like some technical issue, hope you will received it soon. if don't want to take risk go and apply from the bank.
I have applied first day, I received UPI mandate and approved but amount blocked was not reflected in the zerodha and bank as well. and seen the same status message like you. And waited 24hrs, still it was showing the same. Hence I have canceled and reapplied today morning. After 1hr I have received UPI mandate this time it was good. Sharing my experience if it is the same , try cancel and reapply..
No point in applying the IPO. i have made my mind to buy this IPO during the listing..even if its list 100% Rs 290. which works to be PE 14 times only.... easily it can go till Rs 350 on the listing day
Is there more probability of getting allotment in a 100x subscribed IPO such as Mazagon if we apply for maximum 2lakh per account vs applying for min one lot?
What is the basis of allotment? Is it still pro-rata basis? Someone please elaborate
In Retail category, Applying 2lakh per account vs 1 has same chances of getting one lot. It is purely lottery basis. No high chances of getting allotment if you apply 2 lakh and no low chances of allotment if you apply one lot. Both ha same chance or luck. Better you apply multlple applications using multiple demat accounts of family members.
I am applying for IPO first time for my family member. I have applied through Zerodha UPI, but haven't got mandate approval request. Does anyone know how long it would take.
Hi, I applied through Zerodha and UPI my amount has been blocked from bank but the status which we get on Zerodha shows, "Amount blocked-None." Can someone tell me whether it's successfully submitted or not?