***********By this Way you can use S Chand Fund in HUDCO***********
If you can fill up manual IPO form then .
First do Bidding by broker on 11/05/2017 ( Last Day of Issue )
After Bidding take form from Broker and give that IPO for to bank for Lien fund on 12/05/2017 ( Next day of closing ipo ). Bank will accept form and will do Lien IPO fund ..
By this method , You can use S Chand fund in HUDCO.
Other Method > Request broker to release Fund Payout of S Chand by NEFT on Payout date - 11/05/2017 . You will get fund on 12/05/2017 morning.
HUDCO IPO do apply by Physical Form ( Not Online ) on last day 11/05/2017 . Give form to your Broker for Bidding , they will do bidding on 11/05/2017 and ask them to give form to Bank on 12/05/2017 then Bank will accept same and do Lien...
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May 5, 2017 1:34:37 AM
Top Contributor (400+ Posts, 200+ Likes)
Sell can only be done on Listing day i.e. 9th May, 10th May holiday for settlement hence pay-in and pay-out on 12th May and not on 11th May.
If broker gives fund directly to bank a/c on 12th in ASBA bank a/c or one may take chance that bank may process ASBA on 15th (Monday) as Sat. bank holiday.
Can anyone gv me helpfull reply here.. I have applied for three lots from three accounts through broker physical form for IPO but I didn''t receive any msg for money block from dena bank . Can any one tell me why is it so . I m first time I investor
@AKH: https://kosmic.karvy.com/eipo/ipoapp.aspx Go to above link select IPO as S Chand IPO, provide PAN and application number and you can check your status.. Linkintime is for allotment while on Karvy you can check you application status.