1599.1. Paymzia| Link| Bookmark|
March 4, 2020 7:31:38 AM
IPO Guru (2400+ Posts, 4500+ Likes)
No
1599.2. Medge| Link| Bookmark|
March 4, 2020 8:31:08 AM
IPO Guru (1300+ Posts, 2000+ Likes)
You can apply, exchange will accept your all 4 applications but not sure registrar going to accept third party applications
1599.3. Nicks Jain| Link| Bookmark|
March 4, 2020 8:35:27 AM
IPO Mentor (700+ Posts, 900+ Likes)
Till Date no applications rejected... i always applied from sbi net banking 5 applications from each account and this time also i had already applied in sbi card ipo
You can make Upto 5 applications from one SBI Account. However, the Pan No of first applicant in each form must be different. The application will be rejected only if PAN No. of first applicant in any of the forms is the same
Please guide me, is this mandatory for retail & shareholder to apply through you.My all application through ASBA status showing UPI status payment confirmation pending.
SBI Cards and Payment Services Limited *As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated June 28,2019, all Syndicate Members / Registered Stock Brokers / DPs / RTAs shall use Unified Payments Interface (UPI) as a mandatory payment mechanism for bid amounting to Rs. 2 Lakhs and below for applications in public issues by retail individual investors and Share Holders. *All Other Category of investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments
As per NSE website, the instructions are given vide DIL2/CIR/P/2019/76 dated June 28,2019, to all Syndicate Members / Registered Stock Brokers / DPs / RTAs . It is to ensure that for applications to be routed through them should necessarily be via UPI and money from applicant should only be lien marked in applicant's account. Individual investors are free to use either direct ASBA or through brokers etc. Broker may be getting some commissions for applications routed through them. The purpose of the instructions should be that brokers do not enjoy applicant's fund.