Tarsons Products Limited IPO Message Board (Page 34)

Apply with the UPI of that bank which is mapped to the demat account. To simplify, if the same bank is mapped to all 3 Demat accounts, then you can apply with single UPI.

No Sir, bank is not mapped with all account. I want to apply with 3 different account in zerodha with different PAN. But I want to use mine upi id for mandate request. Is it okay ? Or I should go with different UPI id ?

You have to use different UPI IDs for different PAN users. For example, if Mr Aaa Bbb(PAN-ABCXXX1) is having a bank a/c with SBI, make sure your application for PAN - ABCXXX1 is done through a UPI ID linked with the same SBI a/c.

@EVIOIAUS
I got it.
Last question, May I apply 3 application (3 different demat account) via SBI ASBA. Is it legal ?

Man you have wrong information.

you can use single UPI id for multiple application(must be different PAN).
UPI is only for money purpose, if you alloted share from all the application through same UPI id, that money is debited from that linked bank account. Very simple.

example:

UPI id is : vikasbhai123@kotak
and we can use this UPI id in multiple application. eg. from zerodha 1 lot (vikasbhai123@kotak), from grow 1 lot(vikasbhai123@kotak), from Angelbroking 1 lot(vikasbhai123@kotak).
if you allotted all 3 application. 3 lots money deducted from vikasbhai123@kotak upi id.

Same case in ASBA, same bank account is used for multipole application and if they allotted multiple application, money deducted from same account.

UPI id or ASBS account is take money in case if you got alloted share, Thats it.

consider reading points 19, 20 etc
https://www.bhimupi.org.in/sites/all/themes/bhim/images/pdf/ipo_upi.pdf
or go to https://www.bhimupi.org.in/upi-live-ipo ; scroll down check View Frequently Asked Questions.

19. Can I use third party UPI ID or a third party bank account for making payment in
public issues?
No. Applications made by retail investors using third party UPI ID or by any category of
investors using a third party bank account will not be considered for allocation.
20. Are second / third / joint account holders in a bank account restrained from using
the same account for payment in public issues?
SEBI Circular only specifies that applications made by retail investors using third party UPI
ID or by any category of investors using a third party bank account are liable for rejection.
No specific restriction has been imposed by SEBI on use of bank account by second / third / joint account holder.

I was even checking the advertisement on livemint (11th nov, corporate page 3), Under UPI section it says "investors are required to ensure that the bank a/c used for bidding is linked to their PAN"

Abe saalo konsi duniya me ji rahe ho?
Mene meri mother ka application mere kotak upi se kiya he, or unka grow ka demate sbi bank me linked he, fir bi unko allotment mila he. or muje bhi mila he khud ke account me.

1 UPI id se, kitna bhi different PAN application alaga le, vo chalta he.
live example dekhna he to ese IPO me apply krke dekh jaha RII subscription very less he , so uske IPO lagne ka change gahut he. Us IPO me 1 hi UPI id se 4-5 different Application lagake dekh, fir pata chalega

Apply Latent.

u bought 100 shares @ 750 and put no Stop loss. now loss more then 10k. now u have to wait for 4-6 quarter to recover cost. will move like sbi cards but bit slower.

@amit how to keep permanent stoploss after getting allotment in ipo, Or we need to verify with tpin daily & keep sl daily

@Ramson
Same question...
Please answer, experts...

@Ramson,
At Icicidirect, there is no facility of permanent SL. Everyday, you have to keep stoploss after marked opens.

@Amit, thanks for your suggestion on GLS, I can wait if I can get profit. Please provide suggestions on this IPO (Tarsons Products) as no listed peers to compare and decide.

If your objective is listing gain,you should decide on last day after watching gmp and hni subscription.Preferably use upi mandate which gives an extra day after last bidding day to decide whether to apply or not,if you are a retail investor.But if your objective is long term gain,a thorough study of RHP(Industry data,company business and financial,risk,valuation,litigation, objects of the ipo etc),QIB subscription ratio and anchor book.This is my opinion.

@Ronne, thanks for your suggestion and your valuable opinion. I am trying to understand through the study of RHP as you suggested, but still in learning phase only. I will wait till the last day 1 pm and decide.