SBI LIFE AND HDFC LIFE HAS TO EAT THE BUSINESS OF LIC INDIA, AS LIC IS THE GIANT IN THIS BUSINESS, THEY HAVE MILLIONS OF AGENTS WORKING FOR LIC, HOW HDFC LIFE AND SBI LIFE ARE PLAYING, WILL DECIDE THEIR GROWTH, IF SBI LIFE AND HDFC LIFE ARE NOT ABLE TO CRACK THE LEADERSHIP OF LIC, THEN PROBLEM STARTS
I had same issue. I raised a complaint to Karvy and asked them for reason for non allotment, They replied with the reason "Application rejected as application was done from non active account." In my case, Kotak sent wrong DP id :(
In SBI LIFE IPO my bank account has been debited 2 times, first on 25 Sept & second on yesterday when allotment done. How I get refund. .? Please suggest & help.
Guys keep it tight, All will get handsome returns in short/Medium/Long term. it''s first and only insurance Co in profit within 5 years of start of operations,morever it''s largest private player in accumulation of premium. Growth will be robust due to advantage of low cost structure through Bancasurrance and wide spread of SBI branches. It''s gem stock and if u get it on discount on listing day,just take it and sell after 6-8 months. You will not regret your decision.
not alloted shares. when i checked with pan card on karvy''s website, it shows name field as blank for my application. What might be he case?i dont think i left my name as empty. and when will money be refunded in account?
I got 735 in staff category in one application. Listing will be around 750 on 3rd October. Enjoy
725. dpcdsl| Link| Bookmark|
September 29, 2017 12:44:50 AM
Top Contributor (400+ Posts, 200+ Likes)
No doubt SBI Life shall list or go up to around 750/- on Tuesday 3rd Oct. because ICICIGI which was expected to list and remain after listing below issue price is now handsomely up. Market is also picking up.
Dear I think its goes up around 850 after 1:30 to 3:00. This ipo will give more profit after 2-3 months. So better sell it around 800-850 on listing day. This IPO is too good. If u r investor then go for 6 months. Next pipe line ipo coming soon which r also too good with best return. Choice is yours. I had applied but not alloted.
724.2. dpcdsl| Link| Bookmark|
September 29, 2017 12:25:12 AM
Top Contributor (400+ Posts, 200+ Likes)
Not allotted? What went wrong with your application, MMD? Due to under subscription @0.8 times in RII category, firm allotment to all in SBI Life.
your application was not considered for allotment as some of the details were mismatching. It could be wrong PAN, DP id or Name of applicant while applying online. The same thing was happening with me while applying online through sbi online and later found that DP details were wrong.
I have applied in staff discount and full allotment is also done :) I just want to know, is there any penalty is I sell all the shares on listing day??