NO IDEA TO APPLY IN THIS IPO AS IT WILL BE LIKE MOIL. WE SHOULD WRITE TO SEBI FOR REDUCING THE MAX. LIMIT TO RS. ONE LAKH AS BEFORE. NO ALLOTEMENT ON BELOW RS.TWO LAKH APPLICATION.
The issue is likely to be over subscibed heavily and chances of allotment to retail investor will be 50 shares on application around rs 2.00 lac.....not a profitable venture...however the applicants with ASBA can apply as there will not be any interest cost involved till allotment...the price fixed is some what on higher side....Financial health of the bank and growth in business prospects are also not up to the mark...Manpower skills are also so so...From Technology development point of view the bank is lagging behind other PSUS
Friends, The feedback I am getting from my colleagues is why to apply for IPO & get no allotment.Lot of the people who are not serious stock market investors have lost hope on allotment.1 TO 2 issues more like this they will lose interest & secondly SEBI will introspect its decision of increase in retail with such heavy subscription.My request for all the friends is to apply in such large quantities & create a record in PSB.I am going allout with this sole intention.I do not care whether I receive allotment or not.
Thanks Vishal, i will try later.. i have an online HUF a/c with HDFC BANK as well,but there asba facility is not available,they say this facility is not available to you please contact your branch, now my branch is useless ,they are earstwhile cbop staff unable to answer ,what should i do? i have filed an online complaint but that will take time,do you have any answer? thanks
Try after 4 pm, you will be able to apply. It's HDFCSec's normal trend between 2.30 pm to 3.30 pm. If you are applying through netbanking asba then you have to fill details faster ( say less than 4 minutes )
any one applying via hdfc bank in asba? if yes then please tell me the procedure, i am unable to procced ,either time out or repeatedly asking for confirmation of order, really pathetic. Contacted my branch the are useless,donot know about asba.
261. Ahmedabad Ritesh, Is it really necessary to spend 1500?. Why can't people go for like sharekhan or others which are offering trading+demat account for 400 annually with first year 0 annual fee.