I have a question, I applied in shni through kite using UPI but mandate not coming even after 1 hour so I cancelled the application and apply through upstox, after accepting the mandate I realised that mistakenly I accepted the kite mandate, after that I accept upstox mandate as well. Now both the mandate is live in Gpay. Is it ok? In kite app my application shows cancelled but UPI mandate accepted.
I hope you mean shareholder (SH) category. All the brokers and banks are supposed to give an option for SH category. Check your broker app or website or contact their customer care..
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November 22, 2023 4:40:38 PM
IPO Guru (1000+ Posts, 700+ Likes)
I have 3 demat accounts and funds I am having 10 Lakhs., please be advice How many lots will apply for getting allotment chances? experts advice or guide me. Thanks and Regards, L.Selvaaa
If SH eligibility is met, apply 13 lots each and balance in SHNI. In retail, there is no point applying for more than 1 lot. If SH category is not applicable, Apply in SHNI in Max proportion you think meets the purpose.
In My Opinion One Can only Apply either for Retail or Shareholder Category. Rest other may clarify , I would Thank this forum as on advice of knowledgeable members I bought 1 share each in all my Demat accounts.
Why no expert is clarifying this important point: Can shareholder of TML who is not an employee, can also bid for Employee reservation? @lokes@PLAZA@Cautious ProPrio Eligible TML Shareholders Bidding in the TML Shareholders Reservation Portion can Bid up to a maximum Bid Amount of ₹200,000. Further, Eligible TML Shareholders Bidding in the TML Shareholders Reservation Portion can also Bid in the Employee Reservation Portion and also in the Non-Institutional Portion or the RIB Portion, and such Bids will not be treated as multiple Bids.
An eligible employee can bid under three categories, namely employee reservation portion, TML shareholders reservation portion(if shareholder before 13th Nov) and also in the non-institutional portion or the retail portion. Similarly, a shareholder of Tata Motors (TML) (Not employed with Tata Technologies) can bid under two categories, namely TML shareholders and non-institutional portion or retail quota. That’s my assessment.Language in RHP is a little confusing.
#SBI #HUF #Corporate Banking Hi, I am not able to select the option of a shareholder in SBI Corporate Banking (HUF account). Is anyone facing the same issue? Seem the bank has not enabled it yet. Does anyone have any idea if we can submit an offline ASBA application for shareholder quota in the local branch?
Off question- I am having Vijay Shanthi housing shares which is delisted and I want close my demat account. My share broker ( Geojit ) is not allowing to close my demat account due to presence of delisted shares and what to do. If I open my new demat account with some other broker, they will charge full annual fee ( 750 /year ) as i will be having 2 demat accounts. What to do now? Gifting is also not possible.
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.