Premier Energies Limited IPO Message Board (Page 46)

​@skbob Your question is like how many times I can drive a bike without wearing helmet and not getting caught 😉
Third party application is NOT permitted.
What's the issue in making a proper application where applicant's PAN matches in both demat and bank account ?

Thank you so very much for that wonderful and super sensible analogy. Sometimes you see, I am in a situation where I've applied an IPO in all my accounts and come accross people who have demat accounts but not the funds to apply in an IPO. Having not to go through the trouble of sending them money in their bank accounts and ask them to apply, I would simply prefer to use my UPI to simply see if luck works in my favour as it doesn't have any downside. Having said that, thank you for your response but I would've really appreciated if you simply had just answered the question. Ofcourse assuming you know the answer. Thanks!

​@skbob Sir, sorry for my tone, contents and choice of words if it has caused any inconvenience. The third-party IPO application facility was discontinued by all banks in India on May 1, 2022 as per guidelines. Even after over two years, such queries on third party applications keep coming in the forum. Perhaps there is no fool proof implementation as yet and hence unnecessary obvious discussions are happening.
My apologies once again 🙏

​@skbob As per recent development, it seems you can apply 5 upi applications in a single day per account.

Applied 2 BHNI and one Retail

Same here .. mera bhai mere sath bhi aisa hota hai... 😭😭

Best of luck 🤞@DEVBULL

Mere saath bhi asa hi hota hai. 😂
Lekin jab un logo k lagta nhi hai bohot bar lagane k baad toh me vapis lgane lag jata hun
☺️😁😁😁

Dosti me vyapar nahi karte aur vyapar me dosti nahi karte

Tbhi toh bhai , log shni nd bhni lagate hai , aaj kl bharosa nhi hai, paisea dekh ke kb kisko lalach aa jae

​@Hawa ho gya Same here😂

Fund are schedule to be unblocked by Monday as per timelines, September 2, 2024 only, some banks might unblocked over the weekend.
Never it get unblocked on allotment day 5 PM.

​@Henry Avery All RTAs have more or less similar service levels. KFin Tech has record of late night or early morning allotment declarations. 5pm is like a dream 😉

​@Rajiv RR @Chhote Lal Thank You 🙏

​@AjStar Looking at funds constraint and number of accounts, one may consider one lot each of retail in mainboard ipos. Balance funds be used for SMEs as desired. (No recommendation though)

​@Chhote Lal  lal ji , applied the same.

Also I question , does it make sense to ooffload some positions in HDFC Bank , HDFC life to make some funds available to make BHNI application in future IPO's according to your opinion?