Veekayem Fashion and Apparels Limited IPO Message Board (Page 12)

@ Sbipo.. I mean to say all this jewellery, clothing and fashion sectors didn't gave a pleasant experience to investors . Yes this one fall into a clothing category .. and you can check out the recent examples of abcotspin, swaraj, kck .. they all are struggling on sme platform and to very surprised lEmerit a company with great fundamentals is struggling to reach even it's issue price.. yes exceptions are always there like veerkurpa but if you went throught it's fundamentals you will see it's very downrated.. it's pure operators play or may b leading manager also Having a big role in it because of its fake advertisement issue ..and then a warning from sebi.. may b L manager for the sake of its name.. giving it a fake ride because size of equity is paper thin.

Infact that time I also received a msg from unknown number that advertising about Veerkurpa company .. mention a GMP of 7rs, debt free etc etc. I m trying to post that screenshot but not finding any option.

@nurool,
Rightly said buddy,I also noticed how textile sme listed stocks exibiting pathetic performance and worried for this also,that's why wanted your opinion,but SBT and subs showing good progression till now,don't know what will happen at the time of listing,anyway please inform your decision on 11th around 2:45 pm regarding subscribing this issue,
Happy Muharram,Allah bkess u,
Thanks

20-25 k realised gain (after selling shares) after one year is not taxable but you have to show in IT return mandatorily. If you don't show it, you may get notice.

No i can say instant sell alloted shares means listing day before one year so tax ??

This comes as STCG which is taxed as 15% flat irrespective of your annual income. If your profit is 20K then you have to pay 3K

No tax is payable if the stcg is the sole income of yours during the year upto 250000

Firstly you should say why you have given it subscribe rating despite dilip sir avoid rating.....

Dear takamichi , meri iss subscribe rating se apkoto 6 like mil gayi.. Lol..

wait you didnt talk at first when you were applying, always talk first, assuming the situation that you cant ask them to transfer money to your account, i think you can transfer your share from their demat to yours, that too required lot of procedure, easiest portal in cdsl website will do it.

@Priya./@Divya.
1. Money is NEVER EVER transferred from D-MAT Account.Shares are Tfd.
2. DIS ( Delivery Instruction Slip) will do for OFF-Market Transfer of Shares.
3. You can also transfer Money form Friend's Bank Account but only with his/her consent and subject to Income Tax laws
4. All this can ONLY HAPPEN after taking friend in Full Confidence.
5. A lot more Questions are still to discuss........

Transactions in any one's demat account, online or offline, without his knowledge and consent are illegal and should be avoided. All these transactions are monitored by Income tax authorities and there are tax implications of such transactions. Sooner or later, it may land up anybody in big problem. So, friends, be careful and it's better to have perfectly legal transparent transactions.

@Priya
In my opinion it is better not to ask such questions in forum. I also think that nobody is going to reply such questions. This is personal matter. People will start asking how you share profit and so on. Sale proceed is never credited in demat account.

@ Monster , are you using groww only for mainline IPOs or for SMEs too ?
Because on listing day groww is not allowing buying and selling in SMEs though stock is in demat account.
@ Monster & Kami , CDSL's easiest service is free of cost or does it charge for transfer of shares ?
Shares are transferred on same day ?
Thanks

Upstox for ipo
Groww for investment and trading

@Manu
How can one take consent to withdraw from his bank account. You need to have blank Cheque duly signed, or password of net banking and other things. Who is going to share all these with friends now a days. Do you remember : "Never ask the age of a female and salary of a male".

@ Monster & Kami , CDSL's easiest service is free of cost or does it charge for transfer of shares ?
Shares are transferred on same day ?
Thanks

@ PKRAJ
Why cannot one take consent to withdraw from his bank.Of course all legal banking methods needed.
Friends also include "close family friends" ,may be relatives........They can easily share all these details like i and Monster Zero AND MANY MORE are practically doing without a single problem.( REMEMBER- Within four corners of law).

This is not end.....A lot still to be discussed

@svh
0.03% of the transfer value or Rs. 25, whichever is higher, plus 18% GST. You (transferor of the shares) will also have to pay stamp duty at 0.015% on the consideration amount to CDSL on their platform.

@Manu
So happy to read that you people share all the details of Bank, etc. with each another. I have seen even the people don't share mobile with own family. I my time there was no mobile. Even I don't lock my mobile. You people might have opened one joint account. I have no right to ask you or say anything about such relation. Let other memmbers say something in this regard.

Only paid the 13.5 + gst ..cdsl charges for transfer of shares. Transfer reason: gift.
Only did it for main line IPOs, never crossed threshold of 50k , which is limit for gifting stocks. 50k per year.
Never applied sme from friends account.
For sme only family accounts are used, not even relatives.

@ Kami...

I read in some zerodha thread, this Stamp duty is applicable only if off-market transfer (online mode through easiest) is Sale. if it is a gift no need to pay this stamp duty, can you please confirm this?

Thanks

When you transfer using CDSL Easiest (for Zerodha to Zerodha atleast), approx 27 rs is deducted from your Zerodha account. It even goes into -ve if you have Zero balance in your Zerodha account (not recommended) and later you can add funds in Zerodha to settle this.

27 rs for mainly Mainboard IPO
for SME, approx 130 rs, depends on the amount actually.
I did transfer both types of allotted shares from one Zerodha to another Zerodha account using CDSL Easiest.

@GJ

That is good... Zerodha to Zerodha process is much easier and convenient... I tried recently and successfully transferred (not ipo shares).

One doubt to ask you.. whether zerodha allowing immediate transfer after allotment (previous day of listing)? And all ipo shares (companies) will it allow under gift segment???

Noorul became noob from guru lol.