66.1. Krishnaji| Link| Bookmark|
November 15, 2021 1:42:42 PM
Top Contributor (400+ Posts, 200+ Likes)
greatπ2 u should get easily! Are you going for hni? I have limited funds for hni and can barely put one appln so might decide only for all available retails acc. Thanks!
I am new to Stock Market. I have seen Go Fashion and tarson going on same time line. I have money for one stock. Which one i should buy Go Fashion ot Tarsons?
is there any chance the profit of tarson will be high than Go Fashion
64.3. Krishnaji| Link| Bookmark|
November 15, 2021 1:14:29 PM
Top Contributor (400+ Posts, 200+ Likes)
In my opinion- go for Tarson. However both IPOs will be oversubscribed but in Tarson, risk to reward is much better owing to the sector this company belongs. Note- chance of allotment will be less in Tarson compared to GoColors. Thanks!
HNi may go 450x, RI 80x. Many 200-300 and smaller lot HNI may have given miss to Latent by keeping Tarsons in focus. Let us see how it play. I am planning to apply in HNI but won''t put my all savings.
Somebody tell me how people create 20 and 30 demat accounts and from whom all they create those accounts. Will those people give you access to their bank account for the purpose of IPOs? Somebody answer me and clear my doubt
I don''t know what people do. Here''s what I do. 1) I encourage my friends and family members to open a Demat account (if they themselves are not gonna apply). 2) I apply through my sbi asba net banking using their demat account details. 3) In case of an allotment, I tell them to sell on a listing day. They take their cut. and rest of the amount they transfer back to me. Note: Sbi let you apply 5 applications through asba net banking. So even if you have 2 sbi accounts(for example: yours and your mom''s account), you can apply 10 applications. I don''t ask for bank account details. but ofcourse there is some trust involved in this method. You just cannot use someone''s demat details who might not transfer you the money.
Well business secrets are not to be sharred, but I will give you a view as this forum have given some benefits to me also, which they could have avoided with similar mindset.
Your family have 4 members, Say Self(A) Spouse (B), Parents (C and D)
Now you open a account for
A B C D
Then A with B A with C A with D
Again A, B adn C A, B and D
So hope you are clear how many Joint accounts you can hold with your 4 names.... and Each Demat account will be accounted differently....
@nipun, you can open a joint bank account, but how will you have a different PAN and hence a joint DMAT account?
60.5. Krishnaji| Link| Bookmark|
November 15, 2021 12:27:40 PM
Top Contributor (400+ Posts, 200+ Likes)
@snipperRaj- exactly my point. @nipun- I just checked with my broker zerodha and they say this- One can open joint acc with any existing individual acc and new demat ID will be created, You can also apply ipo using this. But the problem is this new joint acc will have one primary holder whose PAN will be associated with it. So applying ipo using joint acc will be a duplicate bid for that particular pan and appln will be summarily rejected. Can you pls validate this? Also have you ever been getting allotment in joint acc who''s both members individually too applying ipo? Thanks
60.6. G J π| Link| Bookmark|
November 15, 2021 3:55:02 PM
IPO Mentor (1600+ Posts, 400+ Likes)
@True IPO Lover,
Go with what @dptl said, that is the only option. I does this. Only modification/improvement I can suggest here is this, 3) If allotted and you want to hold those and not sell at listing, use CDSL Easiest facility (same must be there for NSDL also, I am not aware of it) and transfer those shares to your main account where you hold for long term. You can also sell like @dptl mentioned, transfer money, then 2 things comes into picture, 1. Taxation on that friend''s/relative''s end 2. From that transferred money, if you will buy in your account, then "Buy Average" is not going to be correct and everytime looking at P&L, you will be calculating the original buy price and other things in back of your mind. Instead you can just transfer the shares, your broker ask you to enter "Buy Average" of those transferred-in stocks in form of discrepancies (atleast in Zerodha it does), there you can enter the original buy price (mostly IPO price) or you can enter calculated price (after giving that person''s cut)
@Nipun I am not sure, your idea will work as they check for Primary account holder details for duplicate application rejection based on PAN card number. If you are sure about this idea, please enlighten us with more details or example or links where it is mentioned that it works that way.
And which broker to chose? I mean if we create demat accounts just for ipo bidding, we wont expect amc for it. Likewise, please suggest a good broker where i wont be charged much for the less usage demat accounts.
60.8. GJ π| Link| Bookmark|
November 16, 2021 2:32:10 AM
IPO Mentor (1600+ Posts, 400+ Likes)
@True IPO Lover,
You can use, Zerodha for stocks and IPO Paytm Money for mutual funds IndMoney for US stocks WazirX for Crypto
60.9. SamJos| Link| Bookmark|
November 16, 2021 3:49:13 AM
Top Contributor (500+ Posts, 100+ Likes)
@Nipun - my broker confirm what @Krishnaji & @GJ already said you can open debate a/c in multiple combination, e.g. A, B, AB, BA, etc, but while IPO application A & AB, (similarly B & BA) are meant from same PAN & are liable to be rejected.
@dptl & @GJ, when you get allotment in others debate a/c, (whether from your bank a/c or you give money to other person & he apply on behalf of you), either he can transfer as gift to you if he is blood relative, in that case ipo price becomes your purchase price & purchase date to calculate STCG or LTCG depending on when you are selling, but if is not blood relative, it will be considered offline sale, & market price on date of transfer will be your purchase price, & date of transfer will be your purchase date to calculate STCG or LTCG depending upon when you sell, & also as per profit, your friend has to pay STCG. If you ask other person to sell on day or after allotment, he will deduct any STCG he has to pay in addition to any charge he is imposing to use his debate a/c.
Just had a thought, probable way not to pay any tax is - apply IPO in blood relative demat a/c, ask them to keep for 1 year & then offline transfer to your demat a/c as gift, provided total LTCG responsibility is less than 1 lakh (also relative should not be doing any sharemarket purchase-sell as otherwise 1 lakh limitation might be used by him). :)
You can do it if you have a big United family, you can use their accounts Pan card details and open account with some local broker. You can use some of your close friends names too. But all this is quite big nuisance because some day all or some of them will have to pay I Tax too & file returns. So think about that too. I feel it''s better to not indulge in such activities which can cause unnecessary tension and spoil relations at a later stage.
59. Aniketiaf| Link| Bookmark|
November 14, 2021 9:38:50 AM
IPO Guru (1800+ Posts, 10200+ Likes)
After Latent, again a attractively priced good company . I will apply with full force & hold it for long if allotted.
@Aniketiaf, Thanks for your views, which is very much followed by many (including me). could you please share your views in comparison on GoColors also, that will give many confused people like me, (more specifically, which one you would advise to choose between the two and or % of allocation of the two)
Thank you, Subscription might go like sapphire, Good company but IPO price is not a reasonable rate. Will apply on the last day if QIB crossed at least 20X
@Aniketiaf, thanks for your views on Tarsons. Like @MRavi, I am also waiting for your views on Go Fashions IPO
59.5. Aniketiaf| Link| Bookmark|
November 16, 2021 9:59:46 AM
IPO Guru (1800+ Posts, 10200+ Likes)
MRavichandran sir @ mvsmr
Go faishon is expensively priced ipo But Considering the fancy generated in Gray market, a 50:50 allotment of fund to both the ipo may become better strategy.
@Aniketiaf Ji, What is the Listing or short term strategy for Tarsons? Should I sell on listing day, if yes then at what level? Can I hold the allotted 22 shares for long for more profit? Can I add more tomorrow at listing, if yes then at what level? Please share your expert view. It will be very helpful for me and other new comer retailer like me. Thanks in Advance.
Aniket ji I am still holding Tarsons as per your guidance. What should do now hold or sell ? as per current market scenerio.
59.9. paresh rana.| Link| Bookmark|
December 3, 2021 10:35:15 AM
Top Contributor (200+ Posts, 100+ Likes)
Hi Aniket Sir,
Is it good to apply the Rights issue of The Indian Hotel at 150rs., the ratio is 1 share for every 9 shares held in demat, cmp around 190rs. please advise.
@Mravichandern. I view your post regularly. your post are all clear. Personally I like your post and view. Although I am retail investor and I don''t apply in HNI. But I suggest you to allocate your funds in ratio of 75% & 25%. Tarsons and Go Fashion accordingly. Because at time of Go Fashion subscription fund of Lavent View release .and also fancy issue. So subscription reached to 400X times. Other hand Tarsons also have good premium but due to little funding chance of allotment high and also profitability high. Tarsons is unique company in his sector. So in my opinion you allocate your fund respectively. Your personal opinion is welcomed. Thanks
@JAI MATA DI, Thanks for those kind words and noted your valid views on the allocation. I concur your thoughts. unfortunately I am waiting for the Latent refund as well. but will consolidate the funds to allocate more in Tarsons.
I am using one account and applied for almost 30 ipo but didnt get any Is there any trick or something to get becasue its look like i am just blocking my money only again and again New in this section
@Vibhor_Saxena KRSNAA, windlasnse, sanseranse, Nyka,Sigachi, PolicyBajar Few latest IPO which I have applied but not got any.
Applying through Zerodha Console , getting mendate in Gpay and processing till withdrawal -
How to know if I am doing anything wrong while applying
57.7. Krishnaji| Link| Bookmark|
November 15, 2021 1:32:26 PM
Top Contributor (400+ Posts, 200+ Likes)
Dear yudiOsta, IPO names given by you were all oversubscribed, so it can that by sheer luck you didn''t get allotment. Still you want to be relevied for if you are applying correctly or not, can do these below- If you are using correct upi I''d(demat holder and upi holder shud be same since ur applying thru zerodha console).Check after applying if you lien amt is made correctly in NetBanking. Also you must be receiving mail from registrar and see reason for non allotment as due to oversubscription or something else. Thanks!
In all those 30 IPO''s you have applied, Did you apply for Paytm? Gland Pharma Sona Comstar Etc... If, you have applied and haven''t got any of above mentioned Then, I am sure you are doing it in a wrong way
Track with ur IPO Application Number on BSE or NSE
If the application is valid, then ur luck is out... patience
57.10. G J π| Link| Bookmark|
November 15, 2021 3:40:39 PM
IPO Mentor (1600+ Posts, 400+ Likes)
@Yudi Check mails from registrar in each case, generally they mention the reason for not allotment, like "Due to oversubscription", etc... You might get some info that it is purely your luck or something else is wrong here with your applications. Thanks.
Some examples are as follows,
KFintech, Status | Regret - Un-successful allotment due to over-subscription
LinkIntime, *Please note that your application was bidded but not banked for marking a lien on your Bank Account / Amount not locked through the UPI mechanism.
It shows you are smart enough and not applying IPO which will get listed ,@ discount. During last 2+ year In one of my account I got just IRFC allotment which is @ discount from begining till today. I hope you will get Paytm allotment if applied.
56. Imhilli| Link| Bookmark|
November 14, 2021 7:19:04 PM
IPO Guru (1200+ Posts, 700+ Likes)
Is there any reliable website which informs the latest GMP of any IPO? Please share the link
56.1. Jetha Lal| Link| Bookmark|
November 14, 2021 7:33:15 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Hello forum members, just like GMP, PAT, Sales growth and other factors can we use the number of comments in the IPO page to decide whether an IPO would be successful. . Any enthusiastic newbie willing to collect and publish past issue data?
Its a very tedious task to copy/paste comments and then count them to see the correlation.
It''s easier if the site owner can publish some data on number of comments, length of comments, comment sentiment per IPO.. but what will be the incentive for them to do it?
actually comment count is there for each ipo... Also the comments tend to unnecessarily increase during allotment when ppl start putting pan numbers, allotments, lack of allotments & linkintime thrashing, etc etc
Even the sentiment is there in form of "Tarsons Products IPO Rating" Currently it''s 4.0 stars.. Fino was 3.6 and Nykaa was 4 and LatentView is 4.3 stars
I am new to stock market. I have applied latent view. Do you think apply tarsons will make profit? Expert please guide me? As my financial support i can able to purchase only 1 stock. Already in loss in cartrade
Mr karthi. Apply without thinking. Good financial records company. GMP also above 30%. Unique business . No any harm to apply.Good for short to long term.
52. Jetha Lal| Link| Bookmark|
November 14, 2021 5:27:54 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@All Time high, will the funds be released before 18th 12noon?
52.4. Krishnaji| Link| Bookmark|
November 15, 2021 12:57:50 PM
Top Contributor (400+ Posts, 200+ Likes)
@dptl- Funds should start getting released by 8 pm evening onwards from 17th only. Barring few banks, next day 12pm...you should have funds released. And if you are looking to go in HNI, then you have some 2 to 3 hours of more buffer till 3 pm 18th Thanks!
52.5. lokes| Link| Bookmark|
November 16, 2021 1:02:55 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@jetha: latent funds will not be available to use in tarsons, especially for HNI. @krishna: what buffer you are taking about? Tarsons is closing on 17th not 18th. So only retail applications in tarsons via upi can use the latent refund funds.