It's about PAN, no matter u apply from which demet account they just entertain PAN, You can apply in retail or HNI with a single PAN, Applying in Both or 2 application with same PAN in either category from 2 different demet account reject all the application associated with that PAN. Hope it helps.
@Anupam singh Thank you so much for your kind and forward guidance.
Sir, I know that i can only apply with single pan with single application. But my question is about lottery system. how do they allotment and on which basis, means they will be do lottery on Pan No, Application No or Dimet Account No.
Once all applications received and they will do lottery for allotment, in lottery which database they consider for allotment (PAN No, Application No or Diment Account No)
Look at the price spread, its 18 Rs around and have a look on the Valuation which is slightly higher and on to of that the industry is not so remunerative and intense competition Hardly any QIB will bid on (Cap Price - 1)... Even if its 50-60x i would go for it...! If average QIB bids even Rs 3-5 rs less than Cap price it will have an adverse impact on Final issue price.. And if that fails along with the market on 12th which is obvious as per current market condition forecast.. Might suffer 5-7 % listing loss.
91. DuckkyDuck| Link| Bookmark|
March 6, 2024 2:51:00 PM
Top Contributor (200+ Posts, 200+ Likes)
In this World, Why is it so, that we(who have not done any mistake) have to pay for other for other people mistake? Has anybody thought about this?
No it's necessary.. But if you have and ICICI Bank account then you got some extra service, Like instant fund transfer to demet account. And instant amount credit into ICICI bank after selling the shares.
84. Anuwak| Link| Bookmark|
March 6, 2024 2:21:13 PM
Top Contributor (200+ Posts, 100+ Likes)
Why so much silence for this & specially VR Infra Space? 1 Mukka protien ke 225 crore ke IPO ka funds unblock nahi hona to reason nahi ho sakta. Aur aise to fir isme lagane ke baad JG me nahi laga paate. So why blaming Cameo. 4 din se 1 din me allotment aane laga vo kya kam hai kya.. Ho jaata hai kisi IPO me thoda upar neeche. Seedha bolne ka na ki GMP kam hoti ja rahi hai to nahi lagana.
I accepted the mandate for retail application and funds are blocked. Can I cancel the application, and will the funds be released right after? somebody helpp
Application can be cancelled in Retail, but fund release will take its time. Generally ASBA is unblocked sooner than UPI, but discrepancies and delays keep happening across all platforms in all the banks.
In any case, it is unlikely for the funds to be released immediately after cancelling an application. Please correct me if anyone has a different experience.
@RInform Yes, you can cancel retail application. If it were ASBA, funds would have been released immidiately or in an hour but in UPI funds will be released after allotment or on refund day.
79. KPCT| Link| Bookmark|
March 6, 2024 1:54:48 PM
Top Contributor (600+ Posts, 200+ Likes)
jealously, Mukka bharnewalo ko is IPO se vanchit kar diya gaya ....ye hai asli game......
78. VVIIPP| Link| Bookmark|
March 6, 2024 10:08:11 AM
IPO Mentor (700+ Posts, 500+ Likes)