Axis Bank is not bad at all. I have never faced any problem of unblocking of funds. This time also funds are unblocked. But exceptions are always there. Your funds wii be unblocked shortly. Good luck.
Hi all, I had applied SME IPO for the first time. 1) i applied for myself using HDFC asba using my bank and demat account. 2) i applied for my mother using IDFC asba using her dmat account number and my bank account (obviously)
When I am checking allotment results giving my mother pan no. it is showing record not found, but when I am searching with my pan no. it is showing both application detail.
Is this expected, or I did something wrong??? please help
Big big congratulations to all successful allotees as this issue was highly oversubscribed. As you may be aware that this issue was subscribred by the FIIs & QIB as well as Big Corporates too. The track record of the ptomoters is also impressive. Hence all members are required to have patience on listing day and not put sell order at lower values. The smart Operators may try to corner this stock creating panic situations and creating false fear among the retailers. Hence all allotees are require to watch a drama and sit tight atleast for 2-3 days but the decision will be yours only as this is hard earned money of yours. Once again thank you and hope good earning treat.
@Trueinfo Thanks, Is it batter to apply different number of Lots in every application or same ? what you think what will give more edge to win the lottery.
@Vedansh its to much hassle to transfer all the funds in one a/c, Also its can draw attenuation to income-tax as this all data reported there.
206.6. Trueinfo| Link| Bookmark|
August 2, 2022 7:09:14 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Mostly the applications are ultimately clubbed with other applicants for lottery. So, it shouldn't matter much, but strategy of different lots is OK. For lessor lots, it's better to apply in multiple of 10 or 5, If subscription is heavy, like in this case. Because for these numbers, you find good number applicants for clubbing and lottery.