Polycab India Limited IPO Message Board (Page 30)

@ Aniketiaf,
How much listing Gain possible in polycab and metro IPO.

As much earlier mentioned, about 10% in Metropolis and at least 100 rupees per share in polycab India.
Even at least 10% profit within 3 month in Rail vikas IPO should also possible.
Thanks.

@Aniketiaf sir,
Simply outstanding prediction in all three IPO.
Now I will wait for 775 up to Diwali in Polycab as predicted by you.

How many lots we should apply for this ipo. Earlier experience is if apply for only a lot then possibility is more

Only 1 lot as it will mostly be oversubscribed.

1 Lot.

This is definitely going to get oversubscribed.

Sir, can I still apply from 1 bank account in 5 different demat accounts using PNB asba or all my applications will be rejected? Is upi mandatory? Or if not, when will it be?
I am quite confused as to what is the actual method for applying ipo now since upi came into option. Please guide.

anybody pls reply

Sir, can I still apply from 1 bank account in 5 different demat accounts using PNB asba or all my applications will be rejected?

Ans is No. One account one application and that too of primary account holder

Is upi mandatory? Or if not, when will it be?

Ans is again no. As per Circular after 30 june compulsory

Apply through online asba or upi whichever is convenient to you. But but but only one application from its own account. No third party.

Forgot Karvy allotment check app any one know pls share.

What is the estimated listing price ?

@papon.i have applied second holder application online in bank. Bank has submitted my application of joint holder and money is blocked by bank. And first holder application apply by ofline by fill the form.
I also called to sebi he said sebi has not mentioned that joint holder can not apply??? In circular. Now let see what happened.

Very good. Pls let us know. Your reply will be highly appreciable

Hope the discussion is about bank account. If Bank account is in "Either/Anyone or survivor" status and not "joint", any holder of that bank account can operate and use severally/independently,

However, the applicant for IPO must have demat account with separate PAN as first holder or sole holder separately, means 2 separate demat accounts with same bank account is permitted. You may clarify with your DP.

SEBI has extended old prevailing ASBA mode of application for RIIs till 30th June 2019.

I have minor accounts joint with me...so can I apply for minor acct from my online ASBA?

Minors don't get online access so you have do it through your (guardian\parent) online access. But Demat account should be in Minor's name and account from which money is blocked should be in minor's name.

Through the RTI
WE get conform News from SEBI about asba rules. (WHATEVER YOU WANT TO KNOW ABOUT IPO RULES)

GMPs

Rock Solid Metro 53/-
Polycab 90/-

Rajkot Brokers Association

IPO application लगाने rules बदल गए हैं व नए Rules आ गए हैं :-

1. अब IPO Application किसी दूसरे के बैंक अकाउंट यानी third party अकाउंट से नहीं लगेगी |

2. Investor को अपने खुद के Bank account से ही IPO एप्लीकेशन लगानी होगी |

3. Joint bank account से भी bank अकाउंट में जो First holder है, केवल उसकी ही एप्लीकेशन लगेगी |

4. एक बैंक अकाउंट से 5 एप्लीकेशन नहीं लगेगी |

5. Minor की एप्लीकेशन minor के ही bank account से लगेगी और sign minor के bank account मे जिस guardian के हैं उसके होंगे |

यह सारे Rule जनवरी 2019 से आने वाले सब IPO के लिए हैं।
Polycab India Limited IPO*

Date: 5-Apr to 8-Apr
27 shares @ 538/-
Application Amount: 14,526/-

Please take care of new rules:
➡Only 1 application from 1 bank account.
➡No application from 3rd party account.

Latest Gmp plz?

@pepon yes. I have give both demate account details give from one joint account now what you say sir? Does my both applications rejected?

One will be accepted with primary account and other one rejected. You can apply from any other account where the account holder is primary account holder. It is not compulsory to apply from bank account you have given to opened demat account. Pls try and let us know. Your experience will be helpful to all of us here.

@bhupendra agree. But in bank both joint holder responsible for transaction. Dono me se kisi ek ki sign se paise nikal sakte he to second holder third pary kaha se? Or sebi ne circular me esa nahi likha ki ony primarily holder can apply in asba. Kindely reply.

Did you opened both demat account with same account number. When they will fetch the data only pan details of primary account holder will come just like tds. Same will happen here also. Pan with mismatch. Do you know that joint account can be seperated and money will remain with primary account holder as second cif is only linked.

You are telling about joint account, there are also some savings accounts having 4 people together in one account. What will you say now.

Sir in case of joint holer sebi allow joint bank holder application. Second holder kahase third party investment ho sakta he?

Only primary account holder can apply incase of joint account. Ek baar try karke dekhlo whether accepted or rejected. CIF no is generated for both accounts holder but account no is generated only from one cif and that becomes primary account holder and the second cif is linked with the account number that is generated from first cif.

If you have joint account and any interest income is generated in joint account then TDS will be deducted in the name of primary account holder as he is the owner of fund

What is the premium ,what is expecting price of listing

Chittorgarh team and other members in condition with minor account link with parents account then it's okay as per new guidelines

What do you want to say. You have minor demat account and want to apply ipo from bank account where minor is linked with parent. Apply with account that you have given to while opening minor demat account. Let me clear one think minor account is not a joint account. Here the parent is only running the account on behalf of the minor. Owner is minor itself.

SBI bank is allowing 5 asba application from single account , means we can still apply 5 application from single account

No, but you can try and get personnel experience

One bank account one application this is rule,
If Your bank allows then on allotment time registrar will reject application .

Sebi ke circular me esa likha nahi he ke joint holder apply nahi kar sakta.

For UPI download bhim app in mobile Your account which is link with that number shows then proceed and generate UPI address. For offline give Your asba and UPI applications sepretly to your broker