New Registrar for this heavily subscribed IPO. Let's see how it works. I think this new Registrar is going to allot to those retailers who have never got any SME allotment and applying from long. A new way of allotment on the festival of Deepawali. Please don't mind who are getting allotment in past. Hope for the best.
I am applying in sme IPO through ICICI direct & Kotak dmet. Are they allow selling on listing day. Can we sell SME allotment in small quantities or we have to sell on lot size of allotment. Till so far I have no allotment in SME applications.
260.1. SamJos| Link| Bookmark|
October 19, 2022 8:45:45 AM
Top Contributor (500+ Posts, 100+ Likes)
1) Kotak sec allow sell of sme on listing dat. 2) You have to sell & purchase sme in predefined lots only, not in small quantities like mainstream ipo.
@vikash SEBI ne Small & big hni system lake nikal di... ye system sme bhi aa jaye to mere aur aapke jese middle class ko bhi acha allotment milega. me to chahta hu Naya HNI system aa jaye. jo jo bhi mere jese Aam Aadmi ise padh rahe he wo SEBI ko request wala mail dale ki nayi system ko apply kariye.
1. bechne ke liye mumbai se sidha terminal ka no. deta hu lekin POA compulsory he. active hona chahiye.
2. nine nine two zero four five five nine five four name is amit bhai. call karke SME bech sakte ho. unko aapke account me kuch nahi dikhayega lekin soda ho jayega. sham ko sidha bill ayega aur share cut jayega. jitne bhi angel wale he wo save karle. SME ke alava aur kuch nahi.
3. complain letter aur mail daliye angel ke owner ko sidha. trade karne de tere papa ka kya jata he..!!
257.2. Rahul Popat| Link| Bookmark|
October 17, 2022 9:14:06 AM
Top Contributor (200+ Posts, 400+ Likes)
In sharekhan? Allowed or not?
257.3. K.Atar| Link| Bookmark|
October 17, 2022 9:37:47 AM
IPO Guru (1000+ Posts, 700+ Likes)
@Rahul Popat In Sharekhan it's seamless and smooth , no hiccups. No problem whatsoever.
I got allotted "Annapurna" and could not sell on Angel. I had to send POA to their Hyderabad office. It took 1 week to enable POA and then I called Call and Trade to sell that.
257.8. Rahul Popat| Link| Bookmark|
October 17, 2022 6:47:37 PM
Top Contributor (200+ Posts, 400+ Likes)
K atar
You mean no issue in sme IPO in sharekhan. Right?
I know that sharekhan good for main board and trading etc but not have experience with sme.
I am applying in sharekhan so...
257.9. Smile.| Link| Bookmark|
October 17, 2022 7:34:54 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@hope....... Better n safe way is transfer your shares to other broker. In cdsl it is possible by "easiest app" I use it to transfer alloted ipos from kids account to my account.
@smile Request if you can throw some light on taxation part during transfer of shares as you have been doing these transfer. 1. If you transfer to family member. 2. If you transfer to friends etc. 3. Does taxation also depend on reason you give for transfer 4. Taxation responsibility on transferee or transferor . 5. For LTCG which date is considered - when transferor has purchased it or when it was received by transferee. 6. Any tax during the transfer process Thanks
257.11. Smile.| Link| Bookmark|
October 17, 2022 10:28:17 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@avi Family member no tax but when from friends, It comes under Income from Other Sources n 'Tax should be paid at slab rates.'
STCG or LTCG determined from the date of acquisition by the "previous owner" to date of sale. price: at which previous owner purchased it.
257.12. SamJos| Link| Bookmark|
October 18, 2022 8:50:13 AM
Top Contributor (500+ Posts, 100+ Likes)
@AAvi 1. No tax when Gift by Family members (Family includes father, mother, brother & sister of father & mother, brother & sister, spouse of brother & sister, son & daughter, spouse of son & daughter). 2. You need to pay tax on amount of capital gains (marker value of shares transferred) 3. Taxation if reason is sale to friends or family. No taxation if reason is gift to blood relative. 4. Taxation is responsibility of transferor. 5. For capital gains, date considered is shares acquired by Transferor. 6. No tax for transfer. Miniscule charge to be paid to demat firm.
@i For IPO If you are looking for SME IPO, Fyers is clear NO, (I opened, experienced and now in the process of closing)...
Pre-Open orders for SME : Not availalbe
Post Listing trading for SME (first day / any day) : Not available
The reason for this as per Fyers is: They look SMEs as pure gabling and it may destroy retailers wealth. (You can see fyers founders comments on this by googling). - though actual reason might be, they dont want to subscribe another platforms unless they see and guage the sufficient business oppurtunity (number of orders)
But, now SMEs are more and more gaining traction and all are running behind SMEs, sooner or later every broker will provide this function...
As on today Groww also useless for SMEs, in this front, even being a small player, Prostocks is much better, Zerodha is anyday winner in this segment, I just two days back, I migrated my groww accounts to Zerodha.
253.7. Nilaykumar| Link| Bookmark|
October 17, 2022 8:11:23 PM
IPO Guru (1200+ Posts, 600+ Likes)
I called fyers for the same and they told , they allow in BSE sme. Though I didn't tried I was also want to know they allow or not. Anyone tried to place order for BSE sme?
253.8. svh| Link| Bookmark|
October 18, 2022 12:50:24 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Thanks for giving clarification on Fyers SME trade. In CG review of account holders I didn't find it. Was seeking to open one extra account but now leave it as it is like GROWW for SMEs. Also heard about lot of hidden charges in it.
How to check if my bid was accepted successfully or was there any problem? Is there any way where I can check the bid against my pan or application number?
250.1. SamJos| Link| Bookmark|
October 18, 2022 9:00:03 AM
Top Contributor (500+ Posts, 100+ Likes)
SMS from NSE/BSE will confirm that your bid is accepted successfully. Still it can rejected by Registrar for technical reasons, & you might know that by logging to resistrar web site on allotment day.
I want to know the reason of non allotment? Was it due to over subscription or some technical reason? Or rejection? How can I get to know and from where can I get to know if my bid was placed successfully?
If too much of grey market activity happen for any given stock, will it create listing day heavy selling pressure???? because I learned from this site, all grey market (S2, Kostak, GMP etc.) are based on pre-market order price and should the person who participated in this greay activity Mandatorily sell his allocation and settle the Broker???
Thank you!!!!
248.2. KAPPO| Link| Bookmark|
October 17, 2022 3:55:03 PM
IPO Guru (1200+ Posts, 800+ Likes)
Bhai grey ke saude me jyadatar operator ki game hi hoti hai
Weak issue ko bharvane ke liye jyadatar operator hi fix/sub to bazzar me daal ke issue manage karva te hai Chahe woh sme ho ya mainboard Aur ha maal cover ho jaye toh phir upper Aur kaam mall hath me aaye toh niche Ye game hoti hai pre issue meyani issue se pehle Listing ke baad me aalag game hoti hai
I have applied for 85 lots. That was the nearest rounding figure near my Total Amount available. Assuming that there is no other subscriber for 85 lots. Is there any chance for me getting allotment?
247.1. antarix| Link| Bookmark|
October 17, 2022 9:49:54 PM
IPO Guru (1200+ Posts, 800+ Likes)
If there is no other applicant with 85 lots, then you are out without being a part of the lottery process.