146.1. PeterEngland| Link| Bookmark|
October 20, 2022 9:59:12 AM
Top Contributor (300+ Posts, 100+ Likes)
Not sure but SEBI must put this one in T2T to avoid manipulation and trapping. God knows how SEBI decides that, some great performing scripts like Patanjali are still in T2T.
I got 3rd party allotment in Frog Cellsat.... So yes it works
140.2. antarix| Link| Bookmark|
October 12, 2022 11:59:56 PM
IPO Guru (1200+ Posts, 800+ Likes)
@Justalearner: Through which broker/bank did you apply for 3rd party ?
140.3. Earthking| Link| Bookmark|
October 13, 2022 11:07:36 AM
IPO Guru (1300+ Posts, 500+ Likes)
My Doubt got cleared in EMI ipo ... Got allotment in my name under sHNI from my partnership Indian bank account ... So yes this is not considered as third party application ... becoz when i tried to add my wife demat account in the partnership account , it didnt allow ... Thank you all..
140.4. P Patel| Link| Bookmark|
October 13, 2022 4:43:30 PM
IPO Mentor (900+ Posts, 900+ Likes)
So you paid good price to gain this knowledge 😊
140.5. Anil Mwt| Link| Bookmark|
October 13, 2022 5:42:05 PM
Top Contributor (400+ Posts, 100+ Likes)
@ P Patel: 😅😅😅
140.6. Earthking| Link| Bookmark|
October 14, 2022 11:01:47 AM
IPO Guru (1300+ Posts, 500+ Likes)
Yes Patel Sir ... In future it will be very helpful for me ... Sometimes its good to lose small, to gain big ....
140.7. Earthking| Link| Bookmark|
October 17, 2022 10:01:26 PM
IPO Guru (1300+ Posts, 500+ Likes)
Alloted 2/3 in retail ... So from my side , all doubts were cleared by both LinkInTime and KFinTech ... Now onwards i can confidently apply in future IPOs...
SBI internet banking ASBA (not Yono) is not allowing third party application. Earlier it used allow. So, which bank ASBA you are using for third party application ?
@NRockz , Even if it is discount listing, it is fine. My intention was to very account . But I think it will list in premium due to less chance of selling pressure.
@ashvini , I am using Prostocks as broker and ICICI bank for minor account which is linked to my Icici account. Many banks including Icici, Hdfc, Canara banks are allowing to apply as ASBA applications.
138.5. PeterEngland| Link| Bookmark|
October 18, 2022 10:08:50 AM
Top Contributor (300+ Posts, 100+ Likes)
Hey Ravu, possible to share the full setup details for minor account I mean the name of the bank and demat provider? Will be super helpful to me 🙏
138.6. Ravu| Link| Bookmark|
October 18, 2022 11:37:16 AM
(700+ Posts, 400+ Likes)
@PeterEngland 1. Get Pan in minor's name 2 Open minor bank account from the bank where you have account ( most banks support but check before opening account whether minor PAN can be used or not) 3. Link minor account to parents account 3 Get the PAN updated in minor account if it shows parents PAN 4 Open Demat and trading account in Prostocks (if you have other prefernce explore that) . According to me Prostocks is better for minor
Thats it now parent can apply from parents netbanking login using minor account as IPO ASBA application . There is lot of restriction with netbanking for minor , many banks won't allow, so linking with parents account is required.
138.7. PeterEngland| Link| Bookmark|
October 18, 2022 2:00:36 PM
Top Contributor (300+ Posts, 100+ Likes)
Good news for the members who love NMDC Shares. Demerger and record date announced. I never liked this share but some members like this one. The members holding NMDC shares will be entitled for one share of NMDC Steel(demerged company) against one share of NMDC. The record date is fixed on 28th of this month. I am holding many shares of NMDC. The dividend yield is very good. Let's see what happens after the record date. Opinion of the members who love this share will highly be appreciated. Opinion, if any, of the other members will also be appreciated. Will there be any benefit of the present share holders of the company or not.
132.1. UjwalG| Link| Bookmark|
October 16, 2022 1:11:17 PM
IPO Guru (1300+ Posts, 600+ Likes)
PKRAJ ji, i also hold some shares of nmdc only for dividend yield. The iron ore business is not good i feel, plus govt caps the prices, bans mining too sometimes etc and when compared to international iron ore prices ,nmdc provides at very cheap rates. Naturally revenue will be affected from these decisions. But the steel plant demerger is what kept this stock from not falling when compared to metal stocks. I read somewhere demerger entity will list around 32 rs per share ,based on the capex they used for this steel plant. For steel prices i think govt has limited intervention since the prices are determined on basis of international market. Although china factor is concern for every metal stocks. In short after demerger the core business would see not much appreciation when comapred to steel plant business.
The rate of the original share will fall proportionate to the price of the new listed company. Steel business is a long term cyclical, where TATA Steel and India Inc. are focussing. SO can be considered a long term bet for 10-12 yrs....
131. Trueinfo| Link| Bookmark|
October 13, 2022 11:27:17 AM
IPO Guru (1900+ Posts, 1700+ Likes)
Buy only if positive opening with stoploss of IPO price...below IPO price clear avoid on listing day
131.3. MehulStk| Link| Bookmark|
October 15, 2022 7:33:55 PM
Top Contributor (400+ Posts, 100+ Likes)
@Shahukaar very much true @KAPPO App ekk dam sahi ho sir ji "APPNA MONEY APPNA DIMAG', Its your business secret and you have every right to keep it secret but we love your post about gmp updates and some inside information about IPOs Plz keep posting it :) by the way what's the meaning of name KAPPO :)