Plz Advice me.. I have 4 Demat Accounts of family members & have tata motors shares in all of them.. Should i apply for shareholder category in all 4 with amount of 15000 each OR apply in only 1 Demat Account with amount of 195000..what is the better chance of allotment ? Plz guide me.
I usually apply through ASBA only, so am not familiar with what happens during the UPI process. Can someone please help with my query:
For the ASBA BHNI application, through ICICI Bank, I have received an email from bse.ibbs confirming the application. However, for the shareholder category application through Zerodha Kite , I have not received such a confirmation. I did receive a text message from NSE " Dear xxxc IPO Tata Technologies Limited : App no xxxc UPI ID 1234@paytm for Rs 195000.00 received. Please check for UPI-Mandate collect request for blocking of funds- NSEIL". This was after I accepted the Paytm and so far I have nothing from NSE confirming that the mandate has been accepted in their record.
I had pre-applied for the SH category a day earlier and when no mandate was received, I cancelled and re-applied yesterday. I received two UPI mandates, both for the new and cancelled application, and since I wasn't sure which was which, I ended up accepting both. The bank has confirmed there are two liens on the account for the identical amounts .
Will the exchange ( NSE) send any further confirmation that the funds have been blocked ? I am fine waiting some days for the lien on the duplicate mandate to be released, but want to make sure my SH application has been accepted correctly.
Thank you in advance.
1453. Paymzia| Link| Bookmark|
November 23, 2023 5:37:58 AM
IPO Guru (2400+ Posts, 4500+ Likes)
When you are applying carefully watch and select the category some people are applying employees category instead of retail or shareholder category
CAUTION Every SH catagory investor who apply ASBA through his bank by physical application form MUST CONFIRM with the bank that his application must be punched in SH category only. Some bank employees are punching these applications in retail catagory because they have No knowledge about the SH category . Loss occurs to investors,Bank will not responsible. Thnx.
Hello & Good Morning LATEST GMP 380/384 GMP Numbers are also moving high as that of subscription figure.. Best to Allottees in advance..👍🤭
1448. sbipo| Link| Bookmark|
November 22, 2023 8:21:19 PM
Top Contributor (400+ Posts, 100+ Likes)
@Paymzia Looking at the subscription I'm becoming more confused,which one would be better FF,bhni or sh+retail for greater allotment chance? Thanks yaar
if you had tata mo shares on cut off date you can apply in share holder category. else just stick with one else both will be rejected.
1448.4. Paymzia| Link| Bookmark|
November 23, 2023 3:55:47 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Spipo
Over subscription Everything is lottery At one lot and at 13 lots allotment chances are high All categories are going to high subscription what we are assuming subscription here . Devide money and apply too Ireda Gandhar oil Flair
Jogiji i have applied 1 lot in retail quota through Indian bank net banking. i am shareholder of Tata Motor and want to apply in shareholder quota but indian bank ASBA web page showing these investor category CO/EMP/FI/HNI/IND/NOH/SHA. While i am applying through SHA category giving these error - 'ONLY 1 APPLNS FOR EACH CATEGORY' please guide what to do to apply in shareholder category.
1447.1. Paymzia| Link| Bookmark|
November 23, 2023 3:34:32 AM
IPO Guru (2400+ Posts, 4500+ Likes)
UPI id is there? ,Another bank net banking there If yes Then go above two which one is available for you
I use to apply 3 different application from my PNB account ie 1 for my father,1for my wife and 1for me, but yesterday I could able to apply for me only. Now we can apply only 1 applications from 1 account.
1443.1. Paymzia| Link| Bookmark|
November 23, 2023 4:38:54 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Third party applying is restricted Almost all ASBA From december 1 2023 on words must to stop all banks and UPI So better to apply from pan linked banks and UPI ids .
you dont have to apply max lots you have to apply minimum lots that is 1 for retail 14 for shni 67 for bhni if you are having around 10 lakhs the bhni category provides best chances of allotment
senior members please guide me, I have planning to apply 96 lots (max under sHNI category), it this a good move or should I apply for lot under retail? I am not eligible for SH quota.