Consider 3 scenarios for your single dmat account. 1. 4 lots (or) 2. maximum lots possible for a retailer (or) < 2 lakhs 3. single lot.
It all means the same in an oversubscribed issue like this, since the sebi rule says, maximum number of retailers are to be allotted at least a minimum lot size. That too by electronic lottery system.
@Eagle - Need some inputs, I have already applied for Ujjivan 1 lot via SBH Online ASBA, but not received any SMS or email for a successful bid like thyrocare.
so here are my 2 questions
a) How can I increase my bid by another lot for ujjivan.
b) I got 2 different demat accounts, so can I submit another application ? or will it get cancelled as both account are mapped to the same PAN number ?
Please advise.
353. Eagleye| Link| Bookmark|
April 30, 2016 9:37:19 AM
IPO Guru (6600+ Posts, 21900+ Likes)
RE: Msg No 518 in thyrocare technologies, in response to your kind replies,
Chem cho/septa Ji and others
1. You mean FD income of 2 lakh per year?
2. Can we make transaction above 50 k from one account to another account with same PAN number (between my own different bank accounts)?
3. Does HUF require separate bank account?
Question for Arun/septa ji 1. I dont have any ancestral property only earning from my work. In that case, can i form HUF or not?
2. You people are saying both individual and HUF total income has to file separate returns. Suppose total income is 3 L my side and total family income is 6 lakhs (for example). I have to pay tax for 50 k personally and for HUF, i have to pay tax for 3.5 Lakh. Now this is like double tax right? Then how come, tax saving is possible by HUF formation ?
HUF is super ate entity so all formalities are required separately i.e. Bank account ,Demat account,IT PAN ,return filing .
Once HUF is formed it can not be closed except final partition among all coparcenors.
HUF can not be formed till u are married even if is formed due to family property partitions and all income out of this will be added to individual account till you are married and HUF comes in effect .better consult CA before proceeding for HUF
HUF means "Hindu Undivided Family " for family means husband,wife,and male child So basic requirement is husband and wife .children comes afterwards and even one do not have children may adopt too
351.3. Chem cho| Link| Bookmark|
April 30, 2016 10:39:37 AM
IPO Guru (2500+ Posts, 2700+ Likes)
Always apply 1 lot in IPO as it is now application based allotment .after alloying one lot to every one leftover will be allotted to higher lot demands
Dear Kuldeep, Nice calculation. However I feel that suscription will be little less due to (1) There was heavy craze for Thyrocare because of huge sucess of Dr Lal (2) As Thyrocare is highly oversubscribed there may be a scarcity of Funds for this issue (3) some Funds are also blocked in Equitas and Quickheal as Quickheal is quoting below issue price and at current price investors are not getting expected profit in Equitas. Pl send your valuable comments.
Good moring Eagleye madam for ujjivan ipo subscription if we assued maximum forms that submitted in tryrocare was 736000 and dived it 211000 which is 1 time for ujjivan calculation comes out maximum 3. 5 times subscribe ujjivan ipo basic of number of forms please write your view for this calculation
348.1. Eagleye| Link| Bookmark|
April 30, 2016 9:44:03 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Yes, for 736/211 your quotient is correct ... and your denominator is also ok ... but you should review your numerator ... to expect that Ujjivan will also attract 736K forms is being overly optimistic
348.2. Eagleye| Link| Bookmark|
April 30, 2016 10:43:05 AM
IPO Guru (6600+ Posts, 21900+ Likes)
I am advised that we should expect no more than 500K retail application forms in Ujjivan
348.3. Eagleye| Link| Bookmark|
April 30, 2016 10:44:24 AM
IPO Guru (6600+ Posts, 21900+ Likes)
That will mean >40% allotment chance in Ujjivan ... as compared to ~16% allotment chance in Thyrocare ...
You can apply for only one application with one PAN No. If you apply 2 applications with same PAN No, both will be rejected even if you had applied with different brokers or different DMAT Nos....
So many queries for ASBA. I guess 1 out of 3 persons in india holds SBI accounts & most literate ppl also take onlinesbi access from SBI. Go in E services its very easy just need to put DP id & customer Id.
The platform of all the state bank groups are same. If you apply from sbi aur sbp sbh sbm sbbj sbt. They are submitting the application from the same platform
I need your help. I used icicibank(net banking) query: when I do register asba for IPO, in register box there is required landline no.(compulsory) but I have no landline no.,so I can''t register my demat ID. what I should? thanx
how to confirm my application for ujjvan ipo submitted to bse, ASBA application,submitted to broker,whether he has sumitted to concern. normally i am getting information from bse, that application no.submitted to bse..but still i have not received as above.
Just out of context question: One of my women staff i think is physical abused by her husband i had asked her about it she confirmed my fears however said please do not take any action against her husband. However i took some professional help (detective agency) found her useless husband is living on her income and also involved in an other relationship with an another women stays most of the time with the other women only visit weekends that to not all weekends.
The women and kids does not know about should i tell my staff about it or just keep quiet need advice
Although sometime ignorance can be a bliss. But I think informed ignorance may be better in this case. Once you tell her she can confront her husband and she can choose to live life as if nothing happened.
Hi Septa, That''s Good that You had taken personal Interest in this case and got evidence which proofs your doubt. now tell your staff lady truth today, so that her future can be better. And she can start caring more to her self and kids.
But septa m in a view that u should not tell her directly. You must give her some hints first. And also i think that lady must be knowing abt her husband''s affair. If u tell her directly she might feel very bad
Sir there are chances that she already knows this and if you let her know as well, she might feel embarassed and decide to discontinue working. Good approach might be to casually put a word that you saw him with another woman [asking if it was they had any relatives visiting. Assuming you know her husband through some family get together]. Best would be to put her through some Employee Assistance Counselling to whom you can provide these inputs and take your employee into confidence and make her decide.
@banker not social service but i like my staffs to be happy which make them more productive and office environment cool place to work.... I spoke with pal from Australia his suggestion was also in line with Banker and harish so i will live to professional people to help so first thing on Monday i will organise something of that nature for the whole office staff.
You should first look at the psychology of the lady. If she feels no one is to help her, she might tell her children. For children, its "like a rock on a sparrow''s head" Their childhood will be spoiled on thinking of a solution for adulthood (parents). Sometimes, the child may become violent or domestic violence could happen. The children will become mentally affected and may even lead to psychiatric hospitalizations or consultations. A theft will not be stopped unless a thief stops the theft. Wait for some more time, DONT RUSH to tell her at present. This is a very delicate problem. I will get back to you tomorrow, now its too late and got to play a game after a stressful day...
Thanks Septa ji for your concern but I will tell you more about it later.
hi i want to know that in online asba can we apply for different id through one account like from account can i apply for my wife if she is having different account which has no online facility.
338.1. Eagleye| Link| Bookmark|
April 29, 2016 7:04:39 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Khemka Sir,
Keep in mind Ujjivan is double the issue size of Thyrocare ... and also ... public has gone beserk in Thyrocare and therefore the resources available have significantly depleted ... THINK !!!
I agree with egleye many are thinking that thyro will give huge return so invest all resources in thyrocare why block money in ujjivan. My feeling is it will happen like alkem and dr. Lal
After reading your post '' gabbar singh(UJJIVAN), aa raha hu mai '' it seems so , Apart from Nowadays maximum retailers are deep pockets, Also some hni thinking to go retailers kota in view of massive oversubscribe of thyayrocare ,so 4/5 times are justified
338.4. Eagleye| Link| Bookmark|
April 29, 2016 8:16:11 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Khemkaji,
Please calculate ... Ujjivan needs 2,10,118 forms for 1X Retail application ... therefore 4/5 times is impossible ... maximum possible is 3X ... (which to my mind is quite unlikely)
after looking at today''s closing of Thyrocare ... the market expects that ...
Ujjivan will be : NII 70X RII 2.5X (number of forms basis)
The lower subscription numbers are expected becoz of 2 reasons: a) There is lesser money circulating in the market b) the Issue size is almost double as compared to Thyrocare
Therefore, the wiser players expect a greater RETURN on "money invested" in this issue as compared to Thyrocare
@ Eagleye, Thanks for predicting over-subscription figure correctly & timely in Thyrocare. it help us in deciding, to apply in which category.
337.4. Eagleye| Link| Bookmark|
April 30, 2016 10:40:49 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Kuldeep Sir, Sorry could not reply you earlier as the bidding closed only after 11pm last night ... anyway, I am sure you would have got your answer by now ...
336. Haar Jeet| Link| Bookmark|
April 29, 2016 6:38:28 PM
Top Contributor (300+ Posts, 200+ Likes)