Hello Samit, You cannot apply multiple IPOs with 1 L rupees.Example given below will clear your doubts. Suppose you apply for X IPO and that amounts to 99000/- So that amount will be blocked.In this case you may get shares worth 9000/- but that amount will be blocked until allotment.The advantage of ASBA is that you will continue to get interest which may be peanuts.
How can set the priortiy without knowing the price range of the shares ?? Tu Ramlingam raju ki taraha khud toh dubega ..dusro ko bji dubayega .... EKDUM SAHI BOLA K DON. PLEASE don't misguide people.
HINDUSTAN ORGANICS TO FINALISE ITS HUGE LAND BANK SALE. SHARE VALUE WILL INCREASE LIKE ANYTHING AND MAY CROSS ITS YEAR HIGH. PURCHASE FOR SHORT TERM GOOD PROFITS
Dears, Wanted to be clear about ASBA. Is it that I can apply for multiple IPOs with my 1 L rupees, and they will take the needed money at allocation? Or is it still 1 L will be blocked for 1 IPO only!
I want to apply for 2 or 3 IPO with my available 1L INR. So does ASBA help here ?
Does it make sense to buy Indo-Solar from secondary market post listing? If yes, til what price will it be a buy if Im willing to hold it for long term?
Appreciate your good work and thoughts! Keep the good work up guys!