As per my understanding for IPO, OFS in Rolex case is of Rs.675 Cr of Total IPO Rs.731 Cr.
i.e. Promotor may use or may not use this amount( rs.675 cr) for company/business. Thus, out of total received amount of Rs.731 cr, company will use only 56 cr.
Shall we invest(????) or shall be give our money to promotors?
Yes you are right. OFS mean direct to promoter pocket. Fresh issue will go to company. Btw this is a bad companies given they have defaulted and delayed their payments consistently in past. You can read the RHP. But for listing gains nothing to worry just apply and pray you get allotmetn and exit on first 5-10 mins.
Cut off time 2 pm ka hai to uske pahale hi apply krna hai GMP agar achha hai to .. kaun 3 baje tak QIB aur HNI ka wait karta hai .. aur aisa kaun sa IPO tha jisko apne last moment pe apply kiya after watching havy qib and hni subscription ...jiska GMP pagle se zero chal rha tha..
233.6. nileshkp| Link| Bookmark|
July 29, 2021 11:58:23 PM
Top Contributor (200+ Posts, 200+ Likes)
I think biggest numbers ASBA appliacation coming from SBI
233.7. ipo stonks| Link| Bookmark|
July 30, 2021 11:27:10 AM
Top Contributor (300+ Posts, 200+ Likes)
@Mittal The whole IT infrastructure of SBI is managed by TCS. Yaa the employee work culture of almost all PSB is worst but it does not interfere with its IT infrastructure where we apply for the shares. Just for the record I got allotment in Zomato, happiest minds, Burger King from SBI ASBA
231.1. ColdBurger| Link| Bookmark|
July 30, 2021 11:22:50 AM
IPO Mentor (1400+ Posts, 400+ Likes)
You will have to register the beneficiary demat account detail first. Just go over the options under e-Services section and find. Once registered you can use that on ASBA beneficiary.
223.3. nileshkp| Link| Bookmark|
July 29, 2021 10:37:59 PM
Top Contributor (200+ Posts, 200+ Likes)
@vibhor you saying the partial truth I got IPL 3 rd party allotment in bob asba. Old already uploaded data of demat accounts before merger of banks still working.
You can add new but delete the old one which you won''t, but yes old data which is already mapped you apply using that applicants name. As the PAN has been freezed in that add new applicants window so we can''t add new.