58. jstm| Link| Bookmark|
February 14, 2021 7:12:45 PM
IPO Guru (1300+ Posts, 3200+ Likes)
As it is '' T '' group IPO , some of the smaller banks may not provide online ASBA facility and some of the bigger banks also may not show online ASBA option on 1st day.Last IPO of Brookfield was ignored by some banks.eg: boi.
@Johny For minor account in prostocks, we need bank account for minor. Which bank gives Bank account for minor with Net banking facility. This is required for applying in IPO. Please clarify.
56.1. Johny| Link| Bookmark|
February 12, 2021 5:22:59 AM
IPO Mentor (700+ Posts, 1000+ Likes)
Many banks like Kotakbank allow minor savings account and give login access to parent/guardian. In kotak you have to then submit physical form for Minor Asba registration. After that you can do online Asba application for Minor.
@KrishnaTwentyFour netbanking is available for even kids below 10 years but parentguardian get the login/pwd. I have my son''s account since he was 5 year old.
Open account in HDFC or other bank in which you have an existing account. Then Minor account will be come under your own account and same user id and password do any kind of transaction related to prostock. I have minor prostock account of 1 year kid link with HDFC
Don''t open in Hdfc bank. In Hdfc bank online Asba Pan of Primary account holder comes pre-filled and there is no way to edit it. Since Minor account will be clubbed with parent/guardian, parent/guardian''s Pan will be pre-filled in online Asba. Both parent and minor applications will get rejected.
Recently i opened 2 minor ac for my children in AU small finance bank. they also provide netbanking and chequebooks. Open demat in marwadi shares and finance ltd.
56.9. jstm| Link| Bookmark|
February 14, 2021 10:57:36 AM
IPO Guru (1300+ Posts, 3200+ Likes)
@ BK Prajapati
Does AU SF Bank provide online e-ASBA or only physical form asba ? Thanks
@jstm sir, they are not providing asba facility till now.. only physical form acceptence..... bank officers told me that asba facility wl available in recent future....
1) Railtel - easier allotment and decent gains expected as per current trend. 2) Herenba - again easier allotment and some gains expected as per current trend. 3) Nureca - very tough allotment though listing gains cannot be ruled out.
If you have funds apply in both Railtel (full force) and Nureca. You will be able to use refunds of Railtel and Nureca in Heremba as both refunds are expected before Heremba closes.
55. P Patel| Link| Bookmark|
February 14, 2021 1:01:05 PM
IPO Mentor (900+ Posts, 900+ Likes)
Good thing about this IPO: - Promoters are not selling single share - Offered shares are of fresh issue - Pharma sector is doing well
Bad thing about IPO is: - Small size IPO and listing will be in T2T segment - Limited traders/operators will be active on listing as 5% circuit limit and compulsory delivery.
This is not pharma company but a trader of chinese medical equipment... Not a single manufacturing unit and moreover Rajnish Kaushal who is one of the director is employee of Nectar. Shall company... Again Repeating BIG AVOID.
According to few "New Members" its 200+ According to few this issue is a big avoid.
Please wait for credible sources to come up with the numbers.
52. Chem cho| Link| Bookmark|
February 13, 2021 12:14:25 PM
IPO Guru (2500+ Posts, 2700+ Likes)
Window Dressing Remarks were made by some members for Stove Kraft but the share has now pass Rs 545 high 12 feb 21 closed at Rs 506 its low was Rs 407 on 8 feb 21 got listed at Rs 498 on 5 feb 21 stove kraft to me is a long term investment i brought it on second day @ Rs 410 -415
this issue Nureca Ltd will also do well and small issue apply for listing gains
Nandkishor sir, linkintime or registrar don''t have any role for ipo to sail through...LM plays a role... looking at anchor list it''s clear that they failed to bring good anchor on board..
Someone was saying LM don''t have any role...looks like he don''t know how LM role is important...
49.3. jajo| Link| Bookmark|
February 12, 2021 10:11:08 PM
Top Contributor (300+ Posts, 200+ Likes)
BRLMs play crucial role for success of an IPO by mobilizing good appetite among FIIs, Top FIIs, MFs etc. and actively organizing road shows/Analysts meet along with the Top company management. This generates more demand for the IPO and good subscription is achieved.
46.1. lekker| Link| Bookmark|
February 12, 2021 8:41:05 AM
IPO Guru (1300+ Posts, 2000+ Likes)
Sir, in Likhitha QIB did not turn up, issue quota was revised. Will see how QIB take part in Nureca. whenever there is 5% circuit and T2T condition QIB not interested.
also only 10% retail quota very limited applications for retailers.
46.2. Brownsugar| Link| Bookmark|
February 12, 2021 8:49:25 AM
IPO Guru (3100+ Posts, 2800+ Likes)
No harm to skip nureca, small issue...not worth to block funds when allotment chance is very thin... promoters family issue again 2nd concern...also this company is not the only player in this market where this company is dealing...
Big concern is LM of this ipo who just handled only one ipo till now and that was too listed in discount...
Please research properly before commenting in public forum, the LM’s last IPO was a company named Xelpmoc started by the ex just dial team. There was a name change. Earlier one of the bankers to the DMART IPO as well. INGA CAPITAL
Another new member,,, For your kind information we apply ipo for listing gain..if discount listing then there is always options in secondary market... LM handled two IPOs both were listed in discount...now same LM is for nureca IPO... Investors lost their money in Bharat road network...