Brother u are eligible. I assume you had share/s in your demat account on record date. By the way if you were not sure then you should have kept one share.
1081.2. Paymzia| Link| Bookmark|
February 27, 2020 3:49:19 PM
IPO Guru (2500+ Posts, 4500+ Likes)
You want more ? Apply retail 5 lots,sh category 9 lots.
1081.3. P Patel| Link| Bookmark|
February 27, 2020 6:14:37 PM
IPO Mentor (900+ Posts, 900+ Likes)
No you can't. combined bid amount should not exceed to 2 lakh.
Retail : 1 * 19 * 755 = 14345 SH : 13 * 19 * 755 = 186485 ------------------------------------- Total ----------------- 200830 which exceed Retail category and will be considered as HNI category.
Brother many experts have stated on this forum that one can apply upto Rs 2 lakh in shareholder category and another upto 2 lakh in retail category. Obviously total would be less than 4 lakh
1079.6. P Patel| Link| Bookmark|
February 27, 2020 6:06:22 PM
IPO Mentor (900+ Posts, 900+ Likes)
Niraj - If you want to be consider in Retail Category, your total bid amount should not exceed to 2 lakh including both bids ( Retail and Shareholder category ).
Can anybody having idea how many times shareholder category will subscribe? i have read it on other websites like shareholder category will subscribe by 70-90 times than there is no use of shareholder category for retail people...guide on this topic
Experts, Please advice. While applying IPO through Net Banking (e.g SBI), is it mandatory that account link with Demat? As I Have Demat link with BOB, and applying from SBI. Can apply?
Hi, Hope we can apply in Retail & SH category using ASBA on Corporation Bank, ICICI & Yes bank net banking.? Different family members have account in each of these banks.
Dear expert I have 4 demat account with family members as a shareholder I want to apply 12 lot as a shareholder please guide me . What is favorable for me to apply . 1. Apple 12 lot in one account 2. Apply 3 lot in every account
1071.1. Paymzia| Link| Bookmark|
February 27, 2020 2:37:52 PM
IPO Guru (2500+ Posts, 4500+ Likes)
You apply one lot each in 4 accounts retail category You apply 2 lots each account in your 4 account as share holder category
I have a very basic question... Can we apply with ASBA option for applying 1 lot instead of UPI method. Last time for ujjivan small finance bank... My application got rejected and I have applied with ASBA so just wanted to confirm
1070.1. Paymzia| Link| Bookmark|
February 27, 2020 2:35:12 PM
IPO Guru (2500+ Posts, 4500+ Likes)
Thanks Ankur. I see that option in SBI but can't validate now if I can change PAN to minor's PAN and submit the application. but surely will check. On the other hand, if any allotment happens how that would be linked to minor's ShareKhan account as no where in this process we are entering/linking to sharekhan?
1) Have a Zerodha demat with my PAN & with 1 SBI share bought 3 months ago 2) Have a IIFL demat with my PAN & without SBI Share . 3) Have SBI netbanking & Axis netbanking 4) Dad have SBI netbanking & Axis netbanking
Planed for 5 Lots. How to Invest, without getting rejected and with max.possible applications.
1065.1. Medge| Link| Bookmark|
February 27, 2020 11:15:55 AM
IPO Guru (1300+ Posts, 2000+ Likes)
Becs bankers need time to process RII applications, as this is huge IPO so retail applications are more. This was same case for Coal India IPO
In three days IPO Many HNI and RII take action to apply on last day of subscription after watching QIB numbers. for big IPO process too many RII applications after 2:30 PM on last day is tough job for bankers so SEBI allows extra day so that RII/HNI can submit application smoothly after watching QIB earlier days numbers.
I hope this help, nothing soft corner for any brand from SEBI, this is as per rules.
1065.3. Paymzia| Link| Bookmark|
February 27, 2020 12:50:52 PM
IPO Guru (2500+ Posts, 4500+ Likes)
It is requested by BRLMs whenever big IPO s like they request Sebi.to allow .Normally they give 10 working extension days if ipo not subscribe fully. If they want