Polycab India Limited IPO Message Board (Page 35)

Admin.
Can we apply both under RI and HNI category from same 3 in 1 Demat account of HDFC securities.
Please comment/suggest. THANKS in advance.

Sir, I think you can apply, your both applications will consider together under HNI process

You can not apply for same pan\demat under RI and NII category. Both will be rejected.

Polycab India IPO

GMP 105 +/- 1
Kostak 900 - 925

GMPs
Polycab 100 104
Kostak 800

What is KoSTAK

Your broker must accept your grey market application. Write a complaint to SEBI.

UPI EXTENSION


SEBI/HO/CFD/
DIL2/CIR/P/2019/
50
April
3
, 2019
To
Recognized Stock Exchanges
Depositories
Registered Stock Brokers
Registered Merchant Bankers
Registered Registrars to an Issue and Share Transfer Agents
Registered Depository Participants
Registered Bankers to an Issue
National Payments Corporation of India
Dear Sir / Madam,
Sub:
Streamlining the Process of Public Issue of Equity Shares and convertibles
-
Extension of time lime for implementation of Phase I
of Unified Payments Interface
with Application Supported by Block Amount
1.
This refers
to SEBI circular SEBI
/HO/CFD/DIL2/CIR/P/2018/138 dated November
1, 2018
,
vide
which SEBI
had
introduced
the use of Un
ified Payments Interface
(UPI) as a payment mechanism with Application Supported by Block Amount
(ASBA) for applications in public issues by retail individual investors through
intermediaries (Syndicate members, Registered Stock Brokers, Registrar and
Tran
sfer agent and Depository Participants), with effect from January 1, 2019.
Implementation of the same was
to be carried out i
n a phased manner
to ensure
gradual transition
to UPI with ASBA.
2.
Based on
the
r
epresentation
s
received from the various market in
termediaries like
Self Certified Syndicate Banks (SCSBs),
National Payments Corporation of India
(NPCI)
and the Association of Investment Bankers of India (AIBI)
, t
o extend the
timeline for
implementation of
Phase I of the aforesaid Circular
and
in order t
o
ensure that the transition to UPI in ASBA is smooth for all the stakeholders, it has
been decided to extend the timeline for implementation of Phase I of the aforesaid
Circular
by
3 months
i.e.
till
June 30
,
2019. The implementation of Phase II and III
shall continue unchanged as per the aforesaid Circular from the date of completion
of Phase I as above.
3.
All entities involved in the process are advised to take necessary steps to ensure
compliance with this circular.
4.
The aforesaid Circular dated Novemb
er 1, 2018, shall stand modified to the extent
stated under
this Circular
.
5.
This circular is being issued in exercise of the powers under section 11 read with
section 11A of the Securities and Exchange Board of India Act, 1992.
6.
This circular is available
on SEBI website at
www.sebi.gov.in
under the categories
"Legal Framework" and "Issues and Listing".
Yours faithfully,
Narendra Rawat
General Manager
+91
-
22
-
26449383
narendrar@sebi.gov.in

What is 3 in 1 accounts?

1. Saving/Current account
2. Demat account
3. Trading account

Can i apply IPO using general BHIM mobile app ID like abc@upi (not abc@bankname) if this id is linked with my bank account ?

Ok thanks for helping.

Saving account online ASBA should be there otherwise all IPOs will remain undersubscribed even after date extension if mandatory UPI is implemented.

Want to sell 4 Apps at 850 Kostak, How to sell it?

Polycab India IPO

GMP 105 +/- 1
Kostak 875 - 900

How I can sell IPO in grey market? My broker is not accepting.

Anchors Till Now Got Tremendous Response.
OverBooked By 5X Till Now

I have 2 questions...

1 ) I have 2 demat accounts in name of my father and mother....and one joint bank account with mother as first holder...above single joint bank account is linked to both demat....can I apply 2 application from the above joint account as it is linked to demat of both holder....?

2 ) if in above case i can only apply one application of primary holder joint account ( mother )...then my father have another bank account but not linked to his demat so can I apply from that bank account which is not linked to demat...?

Rajakumar Sir, this concludes that they are applying third party rule for over subscribed IPOs :)
Looks like Registrar playing role in this. whether this third party filter apply or not.

To increase chance of allotment in oversubscribed IPO person need to follow below priorities as per their convenience
(Options 1,2 & 3 are looking valid options for me, I may be wrong about option 3)

1 Apply from 3 In 1 account / Apply from Saving account which is linked to Demat account
2 Apply from Saving account which is not linked with Demat BUT Demat holder and saving account holder is same
3 Apply from Second Joint Saving account holder which is linked with his/her Demat account

If someone dont have choice about above three options then they can try their luck using below two options

4 Apply one application from saving account which not linked with Demat, Saving & Demat account holders are different.
5. Apply multiple applications from one saving account on different Demat account holders

Dear administration
Is the new rule implemented in polycab ipo regarding multiple subscription on third paty account?
Your views can help us

Please note third party rule and UPI rule are different dont mix it together.
Third party rule already applied from Jan 2019, one bank one application is allowed + demat account holder name/PAN and saving account holder name/PAN should be same.

Thanks admin, rajakumar, medge
My knowledge regarding upi, online banking, is poor
So i was bit confused
Now its sorted

04-04-2019 09:00 AM
GMP : 80-85
Kostak : 600
Subject 2 : 1000

GMP kya chal rha abhi polycab ka ?

Grey market price..

Sebi extends phase 1 implementation of UPI for retail IPO investors till June 30

Dear Papon,

Could you please share the source of this information. We couldn't find any detail in SEBI circulars.

Thank you,

https://www.sebi.gov.in/legal/circulars/apr-2019/streamlining-the-process-of-public-issue-of-equity-shares-and-convertibles-extension-of-time-lime-for-implementation-of-phase-i-of-unified-payments-interface-with-application-supported-by-block-amoun-_42597.html

Nice point raised by harit. With new rules and multiple applications out of the picture.. i was just wondering if chances of getting (at least some) allotment are more while applying as NII.. Usually, due to high subscription in NII category, the allotment of is less compared to RII .. I think we will see some change with this IPO

Hello eagle ji
Congratulations for wedding last month...
Enjoy and blessings for new life.....
Thank you help me very much in ipo......i earn very much

Muthhooot IPO ave che april ma.....

Polycab India IPO - *Market Estimates of oversubscription*:

RII = 10L Forms = 3.11X Applic. wise (Avg allotment of ~8.7 shares per lot)
NII = 25K Crs. = ~125X

Interest cost @7%p.a. for 7days = 72.22paise for 1X

Thus, for NII the costing = 125 X 72.22 paise = Rs.90/- per share (GMP)

And, for RII the costing = 90/- X 8.7 = Rs. ~800/- (Kostak)

Polycab India IPO - *GMP Expected*
GMP 920/-
Kostak 800/-

Read as GMP 92