RBL Bank Ltd IPO Message Board (Page 53)

pl any body give the application money payable in lots size of 65, 130 ,etc

to 136 unjha "rs. 14560/- for 65 shares & 29120/- for 130 shares."

Some one posted when I joint this forum and it helped me so for new members plz see this

I am requesting not to post things that irretate experts

Frequently asked questions on IPOs by retail category
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Q1: what are different ways of filing application ?
A: You can do it either online through net banking or offline by submitting physical application

Q2: How many applications I can submit through online net banking from one bank account ?
A: You can submit maximum five applications from one saving bank account but it may vary from bank to bank with some banks having their own conditions.

Q3: Can I apply from current account ?
A: No. The application will not be processed by the bank

Q4: Can one apply from sweep in/out saving bank account ?
A: You can but the application amount should not involve sweeping.

Q5: What is important to see in bank balance at the time of applying ?
A: There should be a clear minimum cash balance equivalent to application amount in the bank.

Q6: Can I apply in the name of family members & friends from my saving bank account ?
A: Yes you can apply.

Q7: Can I apply more than one application in my name from different saving bank accounts in the same bank or different banks ?
A: No. If you do, then all your applications will be rejected.

Q8: What important things are to be seen in an application ?
A: It should be unique in three things below. These should not get repeated in any way.
1. Name of sole 1st applicant
2. PAN no.
3. DP ID + Client ID

Q9: If I have joint DP account whom I should consider for applicant ?
A: The application should be submitted for Ist name in the joint account with his/her corresponding details like PAN, DP etc.

Q10: Can I apply in the name of Minor or HUF ?
A: Yes you can apply as guardian of minor or Karta of HUF.

Q11: How many lots should I apply to get maximum allocation ?
A: If the issue is good, then it is bound to get over subscribed. In that case no matter how many lots you have applied, you will get maximum one lot that too in a lottery system. So you should not apply for more than one lot in a good issue.
However, in an IPO which may turn out to be good or bad, where subscription is less than or equal to one time in retail category, then you will get as many lots as you have applied subject to Rs. 2 lakh limit.
In this case it is however a high risk proposition. You may lose a large amount of money.
In nutshell, in order to be on safer side, it is advisable to always apply for one lot only in all cases.

Q12: I had applied full lots upto Rs. 2 lakh but was not allotted any shares. There seems to be manipulations. Is there any way say change to a particular bank or DP, applying 1st day 1st hour etc. to get allotment ?
A: No there is no such thing. As per new SEBI rules, whether you apply for one lot or full lots you stand equal chance to get only one lot in lottery system if retail category is subscribed more than one time. However, if it is subscribed less than one time, then you will get all the lots you have subscribed. So far lottery draw is concerned, it is drawn on a highly sophisticated superfast computer system where you cannot have any manipulations.

Q13: When I should expect allotment ?
A: After one week of closing date for subscription

Q14: When I should expect credit of shares in my DP ?
A: After 1 to 2 days of allotment

Q15: When I should expect release of funds in my bank ?
A: After 1 to 2 days of allotment

Q16: Will the funds get released automatically in my account ?
A: In most banks it is automatic however in some banks like HDFC, it has to be done yourself if you have applied online from their net banking.

Q17: When I should expect listing of shares ?
A: After 2 to 3 days of allotment

Q18: Upto what time I can apply for IPO ?
A: In online application it is 1 PM, 2PM or 3 PM. You have to check it for individual bank. Some banks also extend the time when there is huge subscription rush. In physical application through your broker, it can be 5 PM extendable as above. It is advisable not to wait for time extension.

Q19: Should I submit three bids for one lot each at three different bid prices in one application ?
A: This will not be beneficial. You should submit one bid only at cut-off price.

Q20: If there is a discount, at what price should I subscribe ?
A: In online bidding, the system will take into account discount offer automatically when you make bid at cut-off. In physical application, you will be asked to write bid price, discount & net price. You have then to take net price into account for calculation purpose.

Q21: I have not marked cut-off but has given bid price at upper band. Will it matter in any way ?
A: No. It does not matter

Q22: Why should I bid at cut-off
A: Because your application will always be considered for allotment whatever will be the final allotment price

Q23: If the price band is reduced but I have already applied in original band & amount stands blocked already, then what should I do ?
A: You need not do anything. If you get the allotment, then excess amount will be refunded to you after the allotment.

Q24: How can I Know allotment status ?
A: You can get it from the website of the registrar of the issue.

Q25: How can I know the subscription figure at any time ?
A: Check “NSE bid details” of the issue from Link
Also check “BSE demand schedule” of the issue from Link
Add the two & you will get the figures at any time during the day. Total figures at the end of a day are however displayed directly on these sites at 5 PM.

Q26: What is meant by Kostak ?
A: Before an issue lists, brokers & individuals purchase the application from investors at a price which is called Kostak. Application is sold at Kostak irrespective of whether or not shares get allotted to that application. The transaction in this case is made at any time.

Q27: What is meant by GMP ?
A: Grey market premium (GMP) is the amount per share which an investor get from the broker or individual who buy them before listing of the shares which might get allotted in his application. The transaction in this case is made only after shares are allotted.

And thanks to person those who posted this it helped me

Yes I am sure about current account .

But I do not know about minor case .
I think you can apply in name of minor (as guardian if demate account can be oppened) as well as your name own name .(I am not sure for this)

Minor demate account can be oppened or nat that I do not know.So you can ask brokser he will solve that question.

Dear ASHOK MEHTA i today found that even Minor can apply for ipo.


But minor should have demate account.

From one application can i applied 3 lot?

Yes, you can apply 3 lots in one application

Maximum you can apply is 13 lots i.e. 845 shares

is any chance that RBL open less than 225 rs? As all bank are in down?

wait till 23-08-2016

keep tracking GMP

Rbl premium 50 rs ME RUSTOM PARVI MARI UNFIROM MARI ADDAT HAI JAISA SAAS LENAI DESH KA RAKSHA KAR NA

What has happened to this Platform ?
why participation is down and no meaningful discussion ?
Why Modulator is allowing discussion relating to other scrips ?
We are not interested in other scrips.
We are interested in RBL IPO discussion only.

what is possible highest listing price of rbl ? My guess 295 then down to 255

Eagleye Mam pl share sector wise long term stocks

I sold my 8 application @ 850
Happy

You must have calculated profit from GMP....

Issue will subscribe 4X to 5X in retail... Premium 48... Kostak... 900......

It is advisible to sale at kostak if more applications.

@EAGLEYEJI,NOW A DAYS SHAREKHAN POST MARKET ANALYSIS BY NAME OF EAGLE EYE IN PDF,M''AM IT IS UR POST?

Any body can tell me how to apply IPO through Sbi Bank I am not finding ASBA in Sbi Bank.

It is under e-service in sbi

You can applyed thought sbi net banking Select e service & then demat ASBA service then ipo equity

Can anyone guide me how I can apply from my brother''s Hdfc account on behalf of my demate account?

@cld so I can apply for my demat Account using my brother''s axis bank account. Right?

Friends I don''t think that axis permits up-to 3pm, I have an account with axis for my parents and it permits to apply up-to 2 P. M on closing day....

aur ha, philips (120) yeh janta hi hoga ki. 1 lot apply karne ke bad oversubscription ki position me lottery system se allotment diya jata hey. phir bhi puchta hey ki kitne shares allot honge.!!

if ipo oversucribe 5times, you will get 13 shares confirmly. and if oversub. 6 times, you will get 11 shares. ,& if oversub. 13 times, you will get 5 shares confirmly.

septa ji, sorry 4 disturb. lekin sab members ko pata hota hi hey ki new process me allotment kya hey, allotment date kya hey, listing date kab hoga, etc. phir bhi board par questions kar ke aap aur eageleye jaise legend members ka time waste karte hey, allotment date, listing price, listing date, listing ke din kya karna chahiye, vagere questions ko galat reply hi dena chahiye
ta ki dusri bar aise questions kar ke aap jaise serious members ka time waste na kare. thanks.

Got It

what is upcoming ipo after RBL ipo?

i will apply for 1lot in RBLipo, if ipo oversubscibed 5 times then how many shares i will get? is there that first come first serve system of allotment?

one in 5 chance u will get 65 shares that is reason many in this forum including me suggested to put only single lot multiple application ( diffrent PAN) for better lottery chance

as per ipo how many ivestor get allotment total in rbl bank

any multibeggar stock idea ? Mine is pricol ltd and tata motors ltd

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