Please clarify these points. Through online ASBA, What does submitting multiple applications mean? (In ref to post number 498. by CLD Feb 8, 2016 8:34:03 PM IST)
1. Is it submitting for different people with different PAN in many applications?
2. Or is it submitting many applications with same PAN - for this - we can raise the number of shares instead of many applications, right? Pls clarify anyone.
3. I heard, for IPO, for one PAN, in retail, more than one application will be rejected. But what it means by multiple applications in ASBA?
what I heard from the senior ppl here is one bank account(i.e the one which can has more bank balance can be chosen) with ASBA can be used to submit five different application.(each application should be in different name, different PAN and different demat account). Hope this clarifies.
i applied with application no.2400024120056006543 for120 shares while my wife sushma bhandari applied with application no.2400024056006569. Kindly guide me about allocation of shares in teamlease.
Lien is marked immediately & u can confirm the same online via ur net banking, if not then there has been no transaction. U check ur bal .I online pnb asba.
Have u submitted physical application? If yes then ur broker may be correct but in the case of online application Lien is marked immediately. I PNB ASBA .