ASBA is stable, but cutoff time to apply is a litle earlier, 2PM to 3:30PM in different banks. UPI is still little buggy but cutoff to accept mandate is 5 PM last day..
Some times net banking gets laggy or fail/unable to login then UPI comes to rescue. ASBA is better anyway, as in CFF fluid (SME) all UPI applications were rejected by LM (Aryaman). If net banking ASBA is rejected, you can claim loss with bank. No one takes responsibility with UPI glitches.
Night duty wala aadmi nikal dia hoga idfc first ne
Jai Jinendra.....Ipo bharo aur bharne Do....
106. Huzefa| Link| Bookmark|
July 4, 2023 6:38:15 PM
Top Contributor (300+ Posts, 200+ Likes)
I have only 1 account to apply. 1) Applying for which category will have higher chances of allotment in Senco IPO: Retail (Min), Retail (Max) or B-HNI (Min) ? 2) Can I apply from my Bank account using ASBA or Applying via UPI is mandatory ?
106.1. MVP| Link| Bookmark|
July 4, 2023 7:22:27 PM
IPO Guru (1500+ Posts, 1100+ Likes)
1. BHNI 2. If applying BHNI, only option is ASBA, you can't apply BHNI or more than 5 lakh bid from UPIm
106.2. Huzefa| Link| Bookmark|
July 4, 2023 7:53:25 PM
Top Contributor (300+ Posts, 200+ Likes)
@MVP Thanks for the answer, but I just checked that HNI Reservation is just 15% and Retails Reservation is 35%, so allocation chances will be more in Retail Category ?
106.3. MVP| Link| Bookmark|
July 4, 2023 8:06:33 PM
IPO Guru (1500+ Posts, 1100+ Likes)
It all depends at the end how much each category is subscribed.
As per ET, Senco Gold company boasts an extensive retail network of 136 showrooms (75 company-owned and 61 franchised), with store networks in 13 states/UTs across 96 cities. However, around 63% of the company's showrooms are located in West Bengal.