Paras Defence And Space Technologies Limited IPO Message Board (Page 24)

HNI minimum 900 x plus

can apply

@Salil Jamkhedkar, Only in NRI - ICICI direct its not possible (IPO not displayed). However, I could able to apply through NRI RBL account

Thanks

I am also unable to apply from my ICICI DIRECT NRI acocunt

depends on your bank

More more more than that

Lottery

8 to 10% probability as it will be subscribed more than 700 times.

To get 1 lot in HNI you need to at least apply for as many lots as the HNI subscription. At 23/9/2021 12:40 pm HNI subscription is around 85x which is greater than 70 lots you applied. Hence unfortunately you will not get anything. HNI category follows proportional allotment. Lottery may be for some corner case scenarios. This is unlike Retail where its mainly through Lottery for highly subscribed IPOs.

No chance
Pls apply atleast 300 lots to create possibility

Dear ytamraku,

If you would like to understand HNI allotment rules and chances of your allotment, please check the below article:

https://www.chittorgarh.com/article/hni-ipo-application-guide-nii-allotment-benefits/532/

Its available in icicidirect page.

@girishkumarj, thanks for your reply. I checked again, I don''t see in ICICI direct IPO page, may be something to do with NRI-PIS account with ICICI direct (not allowed)?
Any NRI account with ICICI direct can advise please? Thanks

@MRavichandran, IPO might be named as PDSTL.
Can you check again

Hello MRavichandran, For NRI account you need to change account. On Top of the page under your name you can see 2 accounts, Please change the account to see the IPO list.

This is clearly visible with same name, I have applied using ICICIdirect

@amitabc Not sure you re talking about NRI account. Because NRI account process is different. For my Account I always needs to switch to apply IPO.

I also applied through ICICI Direct

Dear all,
Thanks for your responses and advises, appreciated.

Please note than I have NRI ICICI direct (2 accounts, one for primary market - IPO related and one for secondary market) and I have applied so many IPO''s of main board (No SME was listed or allowed to apply so far). But I applied exxaro, even though it was also a T group. But last 2 days, no IPO is available to apply. i.e, ''PARAS Defence'' not exist in the IPO page, not sure of the reason !!!

Thanks again.

@MRavichandran I Just realised, Paras Defence And Space Technologies Limited IPO not showing to me as well. Please post if you can able to find some solution. Thank you

yes, you get the interest for the blocked amount. Money does not go out of the account during blocked period so you are liable to get interest.

Yes. You get interest for the lien amount

Yes, you do get interest on blocked amount as it is not debited from your bank.

@RJrahul,
yes (if you are having a savings account linked with ASBA, from where you apply the IPO), you get savings account interest rate as usual during the IPO blocked period, depending on the balance (6% in RBL)
hope this helps

Thanks

Yes, Please check link:- https://www.chittorgarh.com/article/hni-ipo-application-guide-nii-allotment-benefits/532/
Thanks!