Route Mobile Ltd IPO Message Board (Page 25)

Dear EE, pls suggest... should we apply or not...

Shalendra
Information is there. Make your own decision.

Market is a risky thing always. Anything can happen anytime. Make peace with it and plan accordingly. There are no FREE LUNCHES.

There is always risk factor involved in equity market and chance of volatility is always their. any bad to worst news on LAC front can lead to market down. But this company has good potential. in present market condition, chances of this IPO opening in RED is rare.

Go for Option 3:

Ur wife needs a demat account to apply....while applying itself u r supposed to enter ur wife`s demat account number which u obviously cant ....hence cant apply on ur wifes name...

so go for ur and ur father`s PAN applciations..... 7 and 7 ....

but since its already oversubscribed... no need to applying more than one lot...

In retail category applying more than one lot does not make any sense as IPO is already subscribed multiple times. Apply one lot from each account you have. Demat is mandatory so can't apply on wife's name.
1 PAN = 1 Application

Already knowing that there is no any chance of getting more than 1lot per application...and still blocking more money which is really not required...what you should call yourself???

PKags

- First rule is to apply any IPO, one needs Demat account, so your applying with your wife's name is not possible until you open Demat account for her.

- Now whatever Demat accounts you have within your family, you can apply 1 application each for family member. If any family member has more than one Demat account with different broker, you can apply only 1 application from any of the Demat account that member has. Otherwise if you apply more than 1 Demat accounts for any of the family member, those application will be considered as duplicate and all will be rejected.

- Applying more than 1 lot in single application within retail category doesn't make any sense, as in case of over subscription each application will be given equal chance of allotment whether it is single lot or maximum lot.

Hope this helps you.

same here.