112 James Ask your share broking company to issue a cheque as early as possible and deposit it in your account. As the issue closes on the 12th, may be on the 13th or 14th, the money will be taken from your account. At that time you should have money in your account. Act fast.
At what bidding option one should go for nhpc ipo to get maximum shares if one wants to invest 1 lakh. is it a good idea to select cutoff price? thank you
i don't have money for IPO in my bank account but i have available funds in demat account is there any different rule for IPO should hold in only bank account
Go for this ipo. It has a confirmed news from internal sources of the Corporation that NHPC is going to tie-up some join ventures with L&T, BHEL& Alstom to bid for UMPP. This will go up 150 in next one year. For long term of upto 5 year it may touch the limit of 1000
Hi, No matter how many demat accounts a person has, only one application would be a valid per name. In case you file multiple applications, the first one received will be taken while others won't be considered. This will work only if the other demat accounts are registered on different names i.e maybe your family members etc.
I have a q'n on IPO application. I have 2 trading account (so 2 Demat account) from Reliance Money & HDFC. Can I apply for full application (that is 15 lots -- 94500) from both the demat accounts ? or is the max limit per person 1 lakh ? or this limit is set per Demat account ??
NHPC IS A JEWEL MINI NAVRATAN CO FROM GOVT, IT WILL LIST AROUND 60 AND ZOOMS TO 100 RS IN A SPAN OF 2-3 MONTHS . INVEST AS MUCH AS ONE CAN, LOOK AT JP HYDRO POWER TRADING AT 80 RS,IT IS MORE BIGGER & HAS MUCH MORE POTENTIAL THAN IT PEERS.
As an account holder of Axis Bank, you can choose to apply in an IPO using IPOSmart by any of the two following ways:
Through select designated Axis Bank branches.
Visit any of the nearest designated Axis Bank branches for applying in an IPO through IPOSmart. It is not essential to hold an account in the same branch; the account can be held with any Axis Bank branch. Details like Axis Bank account number, PAN Number, Demat account particulars etc. need to be filled in the ASBA application form of the IPO and submitted to the branch. On submission of the form, an acknowledgment slip shall be handed over having a unique reference number. The slip needs to be retained for any future information or query. Subsequently, bank will block the amount in the specified Axis Bank account for the IPO as applied and send the application information to the designated stock exchanges for that IPO. Customer shall be responsible for maintaining sufficient funds equivalent to the IPO application amount in his/her account and for furnishing correct & accurate details in the ASBA application form of the IPO. In case of insufficient amount in the bank account or any discrepancy in the application form, the bank shall have to reject the IPO application and shall not be able to send the bidding to the stock exchange.
Through Internet Banking - iConnect. The IPOSmart option has also been made available in the Internet banking facility of the bank, iConnect. A customer does not need to visit the branch in case of application through Internet banking. The first step is to go through a one time registration so that common details like Demat and PAN particulars need not be filled for every application through IPOSmart. Click on the Registration Link and submit the same post filling the accurate details. Once the registration is complete, the next step is to make the application through the "Payment" section. Select the IPO to be applied to and mention the number of shares to be purchased and other required details. The total bid amount will be calculated at cut-off price based on the number of shares applied for. The bid shall then be accepted in case of sufficient balance in the account and a unique transaction number shall be generated for any further status enquiry on the application.