Many times faced same issue of axis bank, third class bank, I have called to axis customer care but no any solution provided. Many times also mobile otp not come regarding server issue. I will transfer from axis bank to other bank.
Not a good subscription figures of Main line IPO of only 66crs. Total subscription 32 times, in terms of funds only 2,100 crs. Some SMEs are a of small size subscribe even 300x or more. No doubt available quota is subscribed heavily, so difficult to get allotment, specially in sHNI. Many Retail Investors have shifted to sHNI, the subscription figures show. Good luck to all applicant members.
I am also using Axis Bank from more than 20 years. Earlier it was very good and never faced any difficulty including IPO application through ASBA. This problem has occurred from last some months. I am not using internet banking from other Banks. I waited till 15.20 then applied through UPI. Contacted my broker and completed all formalities for UPI. It took some time and could not apply in HNI. So, you can use UPI, BHIM. Many benefits of UPI. Can apply late also and if you don't want to confirm, you have the option. No need to accept mandate. Only solution, keep other options.
These are not facilities given by the banks and brokers in return for any commission . But SEBI made this channel statutory for bringing an IPO whereby banks and brokers were brought into the process of blocking applicants' money. If they fail to do this, the customers will switch any other bank / broker for applying an IPO.
@ SSingh ji, have you tried using WhatsApp support for applying IPOs for AxisDirect? you just require saving a number and you can apply for any IPO (Mainline & SME) through the WhatsApp number with just an OTP followed by your customized selections. Its smooth and without any hassles. Give it a try. I was able to apply at 3.29pm with the same for USKInfra..
279.11. IProfitO| Link| Bookmark|
March 23, 2023 9:56:01 PM
Top Contributor (200+ Posts, 100+ Likes)
@SSingh Bhai tune sahi kaha .some employee unhappy with the allotment :) .They slept 4 days and after the ipo closed the issue resolved. It will happen again .Such a pathetic service .I missed to apply atleast 5 BHNI.
279.12. SSingh| Link| Bookmark|
March 24, 2023 6:07:30 AM
IPO Guru (1400+ Posts, 800+ Likes)
I missed 1 BHNI and 1 SHNi… But I am a firm believer of ‘Huiye wahi jo Ram Rachi Rakha’.. Hence Happy as something good will happen from there.. Axis me I apply on day 1 usually but this time it’s not been working since I started applying
Issue still not resolved. They should be taken to task. Pathetic........ This is the third time missed applying due to their so called technical glitch or upgradation in last one year.
Axis Bank issue resolved now. Axis Bank internet banking can now apply through ASBA. At last. Better late than never. Anaarkali now dancing. Enjoy watching dancing.
278. Smile✍️| Link| Bookmark|
March 23, 2023 9:46:37 PM
IPO Guru (1600+ Posts, 900+ Likes)
Hi experts, considering heavy subscription in SMEs, I feel it's time to reduce lot size from 1L to 50K ₹. Comment ur views.
Just Having Doubt On Promoter Everybody knows Construction Space Works on Black Money Over Which The Govt Works in which Corruption is heard Frequently We've Seen Many Companies Showing Expenditure and Indirectly Transferring that Amount to Related Party/Promoter Company. As Company Size is Small, Balance sheet can easily be Manipulated Just A Doubt that is this Company Worth To keep For Long Term or Not Member Responses Are Welcomed
276.1. k l patel| Link| Bookmark|
March 23, 2023 9:10:50 PM
Top Contributor (500+ Posts, 200+ Likes)
I hace worked on Plan to Take out Our IPO Invested amount on Listing Day and Keep Profits Invested in that Cos For Long Term Started Doing it From Medanta IPO I Missed Many IPO's By Booking Profit Like Adani Wilmar, Data Pattern, Route Mobile, Aptus Value, Policybazaar...
275. abc xyz| Link| Bookmark|
March 23, 2023 1:16:49 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Guess the Company Or group on which new report is coming by Hindenburg. 🤣🤣
I don’t think they’ve specified the market either, so it could possibly be from US or any other market too. Given the global financial turmoil, it may be linked to any financial institution.
It is US based Cash app Block that’s become Hindenburg’s target this time. No impact or exposure to Indian markets.
275.6. KPCT| Link| Bookmark|
March 23, 2023 7:55:22 PM
Top Contributor (500+ Posts, 100+ Likes)
Block Inc., formerly known as Square Inc., is a $44 billion market cap company that claims to have developed a “frictionless” and “magical” financial technology with a mission to empower the “unbanked” and the “underbanked”.