can anyone tell if having 1 mobile no. & having 4 seperate acc. of family members how shd i create different UPI ID , also now if UPI id created then too follow list of ASBA banks or via any banks UPI Id can apply the IPO ???
for polycab normal system is cont..or UPI system applicable ???
103.1. medge| Link| Bookmark|
April 4, 2019 1:39:47 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Bhim app u can create up to two UPI IDs with two banks with same mobile number
102.1. Pradip IPO| Link| Bookmark|
April 4, 2019 9:38:34 PM
Top Contributor (400+ Posts, 500+ Likes)
Gayoooo Polycab
101. R R Patel| Link| Bookmark|
April 2, 2019 9:14:08 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Sensex and Nifty touches all time and it indicates more IPOs in coming days. So 3 back to back IPOs.......
1. Polycab India Ltd. (March 29 to April 03):- Total Rs.1344.98 crores issue. Total 3,20,025 lots of 27 shares each @Rs.538 per share are available in retail category. Minimum amount Rs.14,526 required per application. A must apply IPO. It may give approx 20%+++ listing gain and good for short term as well as long term portfolio stock.
3.Metropolis Healthcare Ltd. (April 03-05, 2019):- Total Rs.1204.29 crores issue. Total 78,735 lots of 17 shares each @Rs.880 per share are available in retail category. Minimum amount Rs.14,960 required per application. It may give approx 10%+ listing gain and good for short term as well as long term.
3. Rail Vikas Nigam Ltd. (April 05-09, 2019):- Total Rs.481.57 crores issue. Total 1,13,435 lots of 780 shares each @Rs.18.5 per share (after Rs.0.5 discount) are available in retail category. Minimum amount Rs.14,430 required per application. It may give approx 10%+ listing gain and also good for long term.
One can apply all the three IPOs and if any one wants to apply only one due to fund problem/shortage than apply Polycab. Chances of allotment will be approx 25-30% in all the three IPOs.
Only apply single lot per application.
rrpjodhpur????????????
101.1. R R Patel| Link| Bookmark|
April 4, 2019 8:49:00 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Polycab @538 market cap 8K crores. If it touches 673 (25% premium) on listing day than market cap will be 10K crores. Current debt 800 crores. Company has a market share of 18% of the organized wire and cable industries and ranked No.1 in term of revenue in India. A must apply Ipo.????????
101.2. R R Patel| Link| Bookmark|
April 16, 2019 9:34:21 PM
IPO Mentor (800+ Posts, 3400+ Likes)
As said market is in good phase and all the three IPO gave some returns after long time and some more coming so be ready for action in primary market as well as in secondary market for next 1-2 months as election results, nifty towards 12K, Sensex towards 40K????????
One account One pan one application. Simple & no confusion. You can apply from any account of yours where you are primary account holder. No where in sebi circular it is written than you have to apply only from account linked with demat.
95. hbk| Link| Bookmark|
April 4, 2019 7:41:27 PM
Top Contributor (300+ Posts, 100+ Likes)
Issue opens tomorrow and issue size not updated till now?
88. medge| Link| Bookmark|
April 4, 2019 12:46:05 PM
IPO Guru (1300+ Posts, 2000+ Likes)
If someone submitting physical applications with UPI id, they need to aware about below security loop hole - Only BHIM UPI app has implemented "UPI Mandate" feature, other UPI apps like Google Pay, PhonePe they don't have this feature - So, apply only using BHIM UPI ID - Before approving fund blocking request make sure you first read UPI mandate form which will be available along with fund approval request, make sure fund blocking request is for your own IPO application - Fraud person can create UPI mandate and they can simply send this to your UPI ID for approval, if you did not take care while approving you may loosed your hard-earned money. - Technology make life simple but same time they are scary, so take care
Concerns are good but since third party application is liable to be rejected, this shouldn't be a problem. Anyone's trying to apply IPO using other's person's upi-id, application will be rejected by registrar ultimately.
88.3. medge| Link| Bookmark|
April 4, 2019 1:49:33 PM
IPO Guru (1300+ Posts, 2000+ Likes)
If fraud person knew that someone applying for IPO he can create UPI mandate and send approval request to innocent applicant and directly get money in to his account, where is registrar coming here into picture? also UPI mandate is not only for IPO it can for any payment blocked request.
UPI fraud already happening in society and many are loosing money because people are not really aware how to use UPI apps securely.
Understood but thats a general concern, can't blame SEBI or the IPO application process using UPI. We need to be careful now a days for everything. Last week my neighbor got robbed some 10k from his paytm account. Some fraud sent him a link through SMS to click to get cash back in paytm account. The link opened a Paytm look like web page and he entered his paytm credentials and the fraud hacked his paytm account. transferred all the wallet money to his bnk account. Some idiots also give their ATM number after getting fraudulent calls. The cases are numerous.
Careless people can get cheated in N number of ways.
88.5. medge| Link| Bookmark|
April 4, 2019 2:02:18 PM
IPO Guru (1300+ Posts, 2000+ Likes)
100% agree with you, hence we should take care while approving, i wanted to say same.
' Any desk ' I guess is the fake mobile link which many people are receiving now a days. Clicking the link steals your all your mobile data - contact numbers , messages to bank data. Delete this link message immediately if anybody receives.It works like remote control.