I have 2 demat accounts one with SBI of my mom and other with Canara of mine...but they are registered with SME email I''d and sme phone number..so can I apply for IPO in both the accounts or I can apply only in one?
My demat a/c is in financial gurukul at kolkata. Right now in bokaro. How to apply via 3 rd party service from bokaro? Which bank or fund house do i approach?
Not sighted as yet. SEBI should make it mandatory for cos to disclose the anchor investors demand graph and final allotment online. Lot of hanky panky goes on in it. Indigo had a huge demand and not all could be accommodated..
sebi has changed the rule in 2012 in such when a issue is oversubscribed then all application single lot of Rs 15000 Approx or max lot of Rs 2 lakhs have equal chance of getting SINGLE LOT only.
So it is advisable to apply single lot if issue is over subscribed at RII level
410. Eagleye| Link| Bookmark|
April 26, 2016 4:50:43 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Septa sir need your advice , If i apply from my savings account for other members DP A/C of my family then who will be charged for STCG on listing gains ??
Savings account would be mine and dp pan of my dad , then my dad would be charged for that ??
405.3. dpcdsl| Link| Bookmark|
April 26, 2016 2:09:46 PM
Top Contributor (400+ Posts, 200+ Likes)
You can apply with your money for demat a/c of your dad. Your money is treated as gift or loan to your dad.
Shares are received at your dad''s a/c at IPO price, who sells and incur STCG. If money is taken back for IPO amount in your a/c it is loan and if sell proceed is enjoyed by your dad, it is gift. The STCG portion is retained by him and if his income is not taxable, no tax, enjoy.
I also got allotment of QuickHeal in IPO but not at all worried. This is the only Indian company in this segment and have great potential for growth in coming days. I also believe that one of the big international brand may takeover it soon.. All you need is just some patience to make good return on your investment.
Belated Happy Birthday Egaleye, May the coming years show you new days with loads of success and happiness. Wish you Good luck! Thanks for all your valuable posts. Keep up the good work!
401. PavanM| Link| Bookmark|
April 26, 2016 11:15:51 AM
IPO Mentor (500+ Posts, 400+ Likes)
Dear EagleEye, Many more Happy Returns of the Day..Happy Birthday.
401.1. Eagleye| Link| Bookmark|
April 28, 2016 6:43:39 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Happy Birthday Egale Eye.... really heartening to see so many wishes being sent to you. Clear indication on quality of posts you share with us. Cheers.
Happy Birthday Egale Eye.... really heartening to see so many wishes being sent to you. Clear indication on quality of posts you share with us. Cheers.