Yeah noticing the same. Suddenly the replies and tendency to help has reduced. The warmth this forum is known for is missing, till Tata IPO there was lots of chatter, banter, discussion and knowledge sharing. Suddenly the forum "feel" changed...
128.5. PeterEngland| Link| Bookmark|
January 29, 2024 7:23:21 PM
Top Contributor (300+ Posts, 100+ Likes)
I also believe, in last two months, too many IPOs have been declared and people are now tired of discussing around IPOs a lot. I mean, people now just apply and wait for allotment. So discussions happen only around certain milestones or else forums remain silent
128.10. PSR| Link| Bookmark|
January 29, 2024 8:20:48 PM
IPO Guru (1300+ Posts, 700+ Likes)
The main reason is non-allottment.
The active members in this Forum may not be more than 100.
Hence, allottees would be in single digit of such members.
I have got allotment long long back, and it is Block and Unblock game in my case.
For almost all issues there is huge demand, and fundamentals, quality of issue etc., have become irrelevant.
Hence, the participation from the members is very poor.
128.11. Professōr| Link| Bookmark|
January 29, 2024 9:10:13 PM
Top Contributor (600+ Posts, 200+ Likes)
@Rakcyt ICICI Bank message always creates anxiety. There is difference between " Your a/c has been BLOCKED" and "Your a/c has been DEBITED". Let's us wait for "debited" message. All the Best 👍
124.4. Rakcyt| Link| Bookmark|
January 29, 2024 7:44:12 PM
IPO Guru (1300+ Posts, 1300+ Likes)
@Chhote Lal Pls read it again , I said it came in morning session ( which normally comes by late evening) . I did not say debit msg etc as I am fully aware abt IciciDirect. Good luck
I want to open HDFC minor account but they said that minor account will link to parents PAN. So can i apply IPO from both parent and minor account? In this case PAN number remain one so application might get cancelled. Expert please suggests.
120.1. Som mca| Link| Bookmark|
January 29, 2024 12:41:44 PM
Top Contributor (300+ Posts, 200+ Likes)
1st you make kids PAN and then open bank AC. Also please remember, if you book any profit from Minor Demat, Income tax will applicable to High earning parents e.g. if it is Kids Papa.
120.2. Saney| Link| Bookmark|
January 29, 2024 1:03:48 PM
Top Contributor (400+ Posts, 100+ Likes)
STCG tax is 15% irrespective. Does not matter we book profit under minor or guardian account
@Sanjubaba Minor account minor PAN can be linked provided you have minor PAN CARD. Problem with me HDFC doesn't allow netbanking for IPO for minor account. Otherwise HDFC is fine.
@Jay Vagheshwari Maa I have demet as well as saving account with HDFC account. Earlier when I am appliny IPO throgh net banking my pan card was default coming so I went to bank and request it and submitted minor's pan card copy and now minor pan card is coming when I am apply IPO through net banking.
Anyone idea that if I will get allotment then sell directly it or need to transfter parnet account.
I want to open HDFC minor account but they said that minor account will link to parents PAN (also if you have child PAN card). So can apply IPO on both minor and parent account. Please suggests.
@ADMIN. Dear sir please open links for Bonus, Buyback, Rights of companies. We missed lot of activities and missed the bus fof getting profit. By the time we know the news the shares already reached at the peak. I welcome if you oblige. I request our friends too suggest ways to know the developments in advance. Thanks
118.1. Basuvr| Link| Bookmark|
January 29, 2024 1:43:16 PM
IPO Guru (2000+ Posts, 1100+ Likes)
117. Som mca| Link| Bookmark|
January 29, 2024 9:17:24 AM
Top Contributor (300+ Posts, 200+ Likes)
Just a query - Those who maintain 5-6 or more Demat, are you also maintain 5-6 bank AC, different address, and 5-6 different mobile number, 5-6 email ID as well ??
117.1. Paymzia| Link| Bookmark|
January 29, 2024 9:25:48 AM
IPO Guru (2700+ Posts, 4700+ Likes)
Question is not clear
But answer is. 1. if single persons ? No need different addresses and different mail ids and mobile numbers
2. For different people Family members no need different addresses , use different mail ids Different mobiles if they have ,if they don't have two mobile numbers enough for 5 to 6 demat accounts.
117.2. Chhote Lal| Link| Bookmark|
January 29, 2024 10:02:02 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@Som mca For multiple DEMAT accounts, unique PAN nos. and unique Bank Accounts are desirable. However addresses, phone number and email need not to be unique though some DP participants (like Zerodha) do not allow same phone number and email id. In case of ICICI Direct, phone number and email id uniqueness is not mandatory.
117.3. UjwalG| Link| Bookmark|
January 29, 2024 10:27:10 AM
IPO Guru (1300+ Posts, 600+ Likes)
@Som mca Buddy 5 ,6 demat handling doesnt mean that the person is "forging" these accounts. It simply means that he is creating demat accounts in name of family members just for ipo purpose.
117.4. Som mca| Link| Bookmark|
January 29, 2024 10:37:43 AM
Top Contributor (300+ Posts, 200+ Likes)
Ya definitely, 5-6 Demat means, 5-6 different PAN Card. My query is IPO register is scrutiny on the basis of same mobile number, address, email ID or not? For allotment? even if we use 2-3 mobile number, its common with some PAN. also for Address? Is IPO register get this info during IPO application?
117.5. Som mca| Link| Bookmark|
January 29, 2024 10:45:46 AM
Top Contributor (300+ Posts, 200+ Likes)
@Paymzia @Chhote Lal @UjwalG 5-6 Demat means, 5-6 different PAN Card. My query is IPO register is scrutiny on the basis of same mobile number, address, email ID or not? For allotment? even if we use 2-3 mobile number, its common with some PAN. also for Address? Is IPO register get this info during IPO application? Now a days IPO register also knows, people are apply with their family members name. They may check with some more intelligent tool? Any suggestion.
117.6. Chhote Lal| Link| Bookmark|
January 29, 2024 11:06:58 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@Som mca At registrar level, only uniqueness of PAN and Bank Account are tallied. Third party bank application has been disallowed now. However address, email and phone number are prerogative of DP participants (zerodha, Groww, ICICI Direct etc). Suggest read my previous response once again. Thanks 🙏
@Som mca As of now, rules regarding PAN and Bank Ac are strict. Rules about Mob no, Email, Address are not that strict, but, sooner or later SEBI is going to look into that too, which will definitely help retail applicants..🙏🙏
For the sake of retailers, hope that day will come soon..
117.9. k l patel| Link| Bookmark|
January 29, 2024 1:20:15 PM
IPO Mentor (600+ Posts, 200+ Likes)
hamare desh me ek insan apni patni ko CM bana kar pura rajya chala sakta he to ham ek demat acc chalaye to kya hoga??? as per my thinking family member acc can be handled by one person, and its permitted
114.1. Chhote Lal| Link| Bookmark|
January 29, 2024 8:31:30 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
Hello @Virendra Kumar 1. If 6 lots applied in one application, it is not a smart move as in oversubscribed issue, one lot application is good enough. 2. If 6 applications applied with singe PAN, all applications are liable to be rejected as multiple application with one PAN are not allowed 3. If you have applied 6 applications with 6 different PAN (self, family & friends), it is most prudent move and improve chances of allotment.