Dear all, I am planing to make group of retail investors against upi. Earlier broker collect forms from our place and bid now we have to do so that is not a easy process mandate not come or in bank asba we have to go to bank to deposit forms now brokers are not give us printed forms so we have to download fill then submit to bank that process is not friendly.please share suggestions. Thanks Anuj
Sir, pls take help of your near and dear folks - open good bank account where your mobile number is linked properly , sbi, axis, indus in these bank you can open online zero balance account - using saving account NetBanking you can submit ASBA application
Why you need to follow broker and UPI and blaa blaa blaa
Make your life easy..
Agreed that old-age people don't know how to use online banking but instead for following broker try to take help of your near once on whom you can trust...
It is very easy to apply online through one of your saving account. You don't need to go to branch also. Better choose this service, it is only one time activity. I use SBI, and I have added my csdl details once, so now I don't need to fill it every time, just select and submit the application. Please Use online option and take help of near ones.
Hello Quality Comment, mujhe aghe hi badna hai par mera swal yeh hai jab Upi success nahee ho raha to kyu isko age bada rahe hai.jo changes karne hai kar lo tab tak broker asba chalu rakho bad mein jab upi fulproof ho jaye to live kar do ....
Hi . Ajit Katariya ji. I checked in nationalized banks they allow five applications or other pan application. but that is illegal.kotak not allowed this activity,Why sebi permote il legal activities..
Anuj Sir, UPI is just one more payment option...koi bhi new technology aati hai to usamain issues bhi hote hai...kuch time our wo rahenge...
Bank ASBA not going away...you can submit physical form in bank also...
For family members bank account shift their bank account in SBI zero balance account with enabling NetBanking facilities... If you are worry about cyber attack then only keep sufficient amount for IPO application in those accounts...
@Anuj Sharma : Go with ASBA. Its safe & hassle free process. You just need to register once. If you have Kotak Bank Mobile Application then you can apply within 10 second. Forget about UPI which is not yet up to date. Most of time they not sending request for payment or its delay in UPI so either if you forget to approve it then it will be lost.
This is the only way to reduce IPO allotment and listing time. Nowadays, brokers will collect the ASBA form from us and submit to bank on our behalf. So most of us dont see a problem. Also, it saves on unnecessary interest payments for the company as money is not debited till the allotment happens.
Change is inevitable and many people were miffed when SEBI mandated conversion of physical shares to Demat but it happened and the benefits far outweigh the costs, especially with CAS So no use fighting it as the benefits far outweigh the costs
Hello Spars, I am not against any change what is My point is if investor is not tech friendly.GOVT OR SEBI has no right to punish investors . I researched in Sbi card there is 12.50% rejection means 12.50% investors lost their chance to get allotment.I will file RTI for this for same.and update You reply. Thanks Anuj
spars You know in sbi cards 12.50% applications rejected so more then 300000 peoples loose chance to take part in ipo.in Rossary there is approx 6,17,000 applications came,check with allotment whenever come. I think more then one lac applications will be rejected. Yesterday Bob online asba not working so many people like me not applied in rossary biotech.
I think You are mental and go to hell support this guy he is to totally right.in sbi cards 3,900,503 applications came I just check in chittorgarh in allotment application are 3465725.so 434778 applications less approx 12.50% rejection. I read Your abuse language so I replied.You are idiot and fool write sorry to Anuj. because of your typo no one come forward to help retail investors.go to hell
Applied through ASBA via HDFC bank. Amount on hold . In status showing no record. D mat account is in NSDL. How to check whether my application is actually submitted.
Eagleye your comments really help me track IPO. Thanks for posting your comment. i have applied 21 lot from different accounts. let me know if any one is intrested in buying application.
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July 16, 2020 11:19:54 AM
IPO Guru (1800+ Posts, 10200+ Likes)
GMP of Rossari biotech is at Maximum level till now.........
No.of retail application 616155 Retail oversubscription appl wise 5.28 So every 1 out of 5 will getting confirm 35 shares...or 4 out of 21 people certain .