can you please guide how to creat login. I tried before a week but didnt get any email alert from intimespectrum. while selecting new investor (for new login) its asking for NSDL & CSDL and clinet ID. If you can help to clarify on this will be useful.
RTGS: EVERY RTGS ENABLED BRANCH OF THE BANK IS HAVING UNIQUE IFSC. IF YOU WILL MENTIONED IFSC OF YOUR BRANCH WHERE YOU ARE MAINTAINING YOUR DP ACCOUNT OR YOUR ACCOUNT LINKED WITH YOUR DEMAT ACCOUNT, THEN FUNDS WILL DIRECTLY GO TO THAT BRANCH ONLY (AMOUNT FOR RTGS TRANSACTION IS Rs.1.00 LAKH AND ABOVE)
Does anyone know how to fill out the RTGS section for the large refunds? Please let me know if the IFSC code should refer to the branch of the demat account or the branch of the current/savings funding account.
Msg 662. Retail quota having been oversubscribed 15.53 times theoritically and also as per procedure laid out in the application form there cannot be definite allotment even for persons who have applied for 225 shares. 30 out of 31 applicants should get allotment as per subscription figures. However considering technical rejections and other aspects, finally there may be firm allotment for persons who have applied for 225 shares.
This is with respect to message 649. When a issue is oversubscribed proportionate method of alloyment is followed. Let us take the case of Mundra. The issue is oversubscribed heavily in all categories. Therefore allotments will be made categorywise. Retail was subscribed 16.1times but thre were price bids also and the issue was subscribed at cutoff 15.53times and only applications made at cutoff will be considered. Retailers were allowed to bid in multiples of 15 shares per lot with maximum bid being 15lots i.e 225 shares. All applications will be considered for allotment. Applications will be grouped together lots wise and allotment will be made. Thereunder a person who has applied for 1 lot will have least chance and the chance will in the ratio 1:15.5 i.e 2applicants out of 31 applicants and for persons applying for 2 lots 4 applicants will have chance out of 31 applicants.Similarly calculations are made for all categories and allotments will made by draw of lots. Exact calculations cannot be given by anybody other than the registars to the issue as technical rejections will be Carried out by them and hence allotment ratio will depend on eligible applications which information will be known to them only.
Mr.Pavan: Though issue closed on 7/11 i.e Wednesday cheques would have reached the respective banks only on Friday as Thursday was a holiday. Again Saturday being a holiday Cheques can be presented only on Monday i.e today. Therefore you need not worry and amount may be debited to your account in a day or two.
Till today amount has not been deducted from my account. Can any one have information on when the amount will be deducted from our accounts for MUNDRA IPO.