Prataap Snacks Limited IPO Message Board (Page 13)

Could you please elaborate the interest given by banks on amounts blocked

Once you have made an application for IPO, a lien is marked against the amount applied for (i.e. bank blocks that amount from your account for the ipo). As long as the bank holds/blocks that amount for the application, interest (on the blocked amount) is calculated based on the bank''s FD rules.. and then it is paid to your account..
Usually I have seen this to work for blockage of more than 4 days.. in my experience. may differ for other people.. I got the interest for Prataap Snacks

** i meant ICICI GI and not Prataap Snacks

http://www.bseindia.com/investors/appli_check.aspx
OR
You can install KARVY PRISM application from Goggle Play store to check the IPO status.

Hi rahul, u can check on k prism and u install from play store. But pratap snacks allotment will be done on 3rd Oct .

How could u say that it will be tonight ??

How could u say that it will be tonight ??

Agree

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