Uniparts India Limited IPO Message Board (Page 19)

Applying on last day may not generate confirmation email or message due to heavy load at exchanges.Be relaxed you will be in lottery for sure :)

Some one pls explain

@ Pritesh Jain
I applied in Bikaji and I got allotment.

When you apply in demat account of your friend and family using your upi it calls third party upi. in layman's language if i apply in ipo with your demat but with my upi id it calls third party upi.

In simple words if anyone apply in IPO using their bank account but Demat ccount if of another person (family/friends/relative) using ASBA or UPI is called 3rd party application.

For example person A apply in Uniparts from his/her own bank account and Demat account is of his/her own then it's not called a third party application as the amount will be deducted in his her/own account and shares will be credited in his/her own account.

Now if person A apply in Uniparts from his/her own bank account but apply for person B Demat account in whatever way (ASBA/UPI) it's called Third party application.

As of no SEBI allows third party applications but sometimes it depends on registrars if they accept it or not.

I personally use Yes bank ASBA facility for applying in IPO (one of the best interface for IP application) and many times I applied for third party applications and none was rejected and sometimes I got allotment too in third party. Most recently in Archean Chemicals.

@jai pratap so applicants that you have added in your yes bank asba ,now can we add or the ones that registered before only that account can be applied?

All responses are correct. In brief, if PAN in DEMAT account and banking account through which money used is different, it will be called as 3rd party application.

In simple words, I applied IPO using your UPI id and you would approve my mandate in UPI app. It is called thrid party UPI application.

@IPO MILNE WALA HAI, in Yes Bank you can add applicant and approve it and just after that you can apply IPO application on the newly add applicant. There is no wait time.

@jai jai pratap Most of the banks stop adding applicants so can i add new,sure so i can open new account with bank

@IPO MILNE WALA HAI, I added a third party applicant today only for Unipart and applied in it. It worked flawlessly. All process took less than 3 minutes.

I always wonder how this is legal (this may sound ignorant), when bank account debited is of A, and shares get credited to B!?
How about taxation liability?

@ValueSeeker, It's totally legal, If Person B got allotment then all taxation liability is of person B, the amount of IPO will be treated as loan to Person B from Person A.

How they share profit (or not share at all) is there internal matter. Generally 3rd party application are between family members (or close relatives only). So they have a mutual verbal agreement which both parties normally always comply.

@jai jai Pratap
If person A transfer the share via CDSL to his own DMAT- Then taxation responsibility I think again falls back to A.
What about Person B. If these share costs in lakhs (as in SME cases), will some one (tax authorities) ask him or her that something came in your DMAT worth lakhs and gone ....

@jai jai Pratap
It is not legal. Applying 3rd party applications now is illegal as per SEBI norms. Most banks stopped. Registrars too are rejecting. There are few oversights of getting allotment that will also stop soon as systems and surveillance get upgraded. When A's bank gets debited for an application of B's Demat or applied for it is not treated as loan. When A transfer's amount to B's bank account and B applies with his bank account in his Demat , it is legal and becomes a loan. Else it is 3rd party application. In both cases capital gains tax liability is of B though. Trust this helps.

Please name the banks are allowing third party ASBA. I need to know so that I can use it for my minor son.
Thanks 🙏

@ipo share
Repeatedly this query has been answered here nevertheless why you want to apply 3rd party when Indusind, icici, and hdfc (and few other banks - I don't know them) giving facility to apply from minor account directly. 🤔

@Ou Ai, as I said earlier I recently got 3rd Party allotment in Archean and I know people who got 3rd arty application in Medanta & Bikaji. Also none of my third party application got rejected in Kayens technologies. I and my friends also applied about 8 third party applications in Dharmaj and Uniparts and let's see how it will unfolds.

It would be great even if it reaches 2.5x , 5x subs in retail seems too optimistic.

@Dr.Shah
Past experience suggests either retail does not subscribe in sub 1000 crore issue or its goes bumper

Why do you think 10% rejection. Now UPI can not cancelled as only those who approved are the one counted
Method is right

Missed HNI timeslot in Sbi . Gone with two SHNI.

My Money too locked in Dharmraj, Harsha(@404) and Syrma(@308) .The later two are not moving up in such market, getting tensed.

@MonesterZero - What your chart study tells? Harsha intimated some investor meet in notification dated 3oNov.

QIB comes at 2 PM and SBI ASBA says Tata bye bye at 2 PM..not good for those HNIs who have account in SBI and apply at last moments after observing qib subscription figure..Harsha and Syrma both stuck..i am afraid that Harsha will go below 390...when Nifty is at all time high, both stocks should have moved upward a little..but both not moving upward..it seems we will have to hold till next quarterly results.

@AKM
Apply 10 retail application.....
I am also stuck in harsha , syram and kaynes ...
Let see what happens....

Some banks like AXIS, one can apply 5 applications for five different DMAT accounts (3rd party-different PAN). It depends on bank- Few doesn't allow eg SBI ASBA
One can apply 5 BHNI for five different DMAT accounts - no limit as such. I have been doing it successfully.

I think it will bottom out soon and will again start it upwards journey.....

Lot will depend on Anchor book also.

Now 53-55

⬆️⬆️

Now 73-77

🔥🔥🔥🔥

⬆️⬆️⬆️

GMP 53

Again down fall!!!!

⬇️⬇️⬇️⬇️

Now 47

Fall continues.....

⬇️⬇️⬇️⬇️

46-48

THOKKO MAAL THOKKO

40 TO 42

@ Kappo sir
Ye negative to nahi hoga na?

GMP for Global hospitals was also negative for a while, but have a look at it now..
Do not worry when you are applying for a fundamentally strong company.
👍🏻

Sir global hospital means Medanta.
Top hospital in india and ranking in world hospital.
Now all politician getting treatment in Medanta so We cant compare it with Medanta and it is purely OFS
And listing after election results.

Time will tell brother.
& better you cancel your bid if in deep doubts, which will also help us a bit by increased chances of allotment.

Sell just now a good quantity @ 32

So Aaj hi 0 around na aa jaye

In this scenario most of sub to sauda will cancell so be carefull

Don't see medanta listing etcetera

Plz take ur decision to save r destroyed ur money

@kappo i feel again it will bounce....

Heard it will have great support at 25-30...

Rest Time will tell......

Beware

Now 50-52
🔥🔥

I think now it will not fall....

Operator has cornered lot of shares by fluctuating the GMP!!!!

Hope it rises steadily now....

Rest time will tell..

How many BHNI u made duckky ?.
I applied 2 Shni here only... Rest in sme.

I made 5 BHNI here and expect at least 1.

I have only 1 account. So only 1 BHNI I applied. Even capital is also 10lac I have. Lot of money in Long term portfolio, previous IPOs(some in huge gain, and some in huge loss) and Buybacks.
I only watch SME, but did not apply.
SME are risky and extremely good SMEs have subscription 100x, 150x etc. No meaning to apply in them for me.

When you have 10 lakhs, better to go for 5 SHni instead of 1 BHni. If you have 40-50 lakhs, definitely BHni better.

@manish - i have only one account. so 5 shni not possible

@ Dinesh Singh.. all the best 1bhni is confirmed for u.. and it will open in green I feel. Did u applied in any of recent sme..or bought amro today ?
@ ducckyduck. It's good to see that u r still enjoying in ur comfort zone. Sme is all different game .. is like a rollercoaster ride... U need to b alert everytime. We are doing it from last one and half year and sometime suddenly wake up late night imagine LC on our script. Lolz

Rule changed in Mainboard.
In case of oversubscription - LOTTERY.
Allotment ratio remain same for all lot categories of SHNI.

No! It is lottery :>1 out of 14. 15x~ SHNI means for every 14 lots there is 14+ applications. App wise would be almost same to amount wise as people are more aware and apply minimal lots as per many BOA!

bhayo tu kse lagya h third part ipo mtlb ki tu isme third party ki liyi konse konse bank use krtha h for five application ki liya

@Meena

All retail application payment done through 3rd party UPI

Bhai .. itne sare account kaha se laye. Pure mohale ki account bana rakha he kya ?

@marwadiipo sir aapne 3rd party upi se 50 application lagadi? kese?

Does 3rd party upi working?

@Rkudp

I will confirm about 3rd party UPI once once allotment is out

Dharmaj me nahii hua fir bhi Uniparts me risk le liye… Dhanya hai aap.. 🙏🏻🙏🏻

Which UPI App is mapped to your SBI account? I use SBI + Bhim and that is reliable, never faced issue and mandate coming within minutes of application via Zerodha. Did you receive application email from Reliance? Also check the correctness of UPI address and the UPI App you are checking in. One account mapped to multiple UPI may confuse.

If the issue is continue then why are you not pulling the broker?

@Meetborsadiya …,One lot

Can be any number from {0, 1, 2, 3, 4, 5}. All is luck and probability. Enjoy the suspense 😄

Ah!! Mistake, has assumed 5 applications. It is one application so either 0 or 1 is the chance. In rare case 2 also possible depends upon application wise subscription.

5 lot /4.6 (subcribe)= 1 lot confrim??then How allotments works??

@Meetborsadiya: No, this does not work like that. Here, one out of 4.6 (or 10 out of 46 applicants) will be allotted one lot through lottery, irrespective of number of lots applied (1 to 13).