Hi Guys I used to apply for all my family members applications from My Indian Bank Net banking. It was allowed in Indian Bank to apply through ASBA for other members. But they removed this one year ago and I moved to UPI. I have just come to know that PNB is still allowing to apply the IPO to all family members and there is no validation of PAN number for IPO applicants. I just want to know from this forum if I can start using the PNB ASBA to apply the IPO for all the family members from my PNB netbanking account? Will there be any issues in this ?
Sir - I have applied for my and mothers application from Axis bank ASBA ( from my account). I had entered Mothers Pan and Demat account as well. Will both our application get rejected or only mothers. Can you please guide for next time.
Yes excellent decision ... Sme me to 1 year me 1 ipo laga ho wese bhi nai honge koi bhi yahan... 200 me se 1 lagta he sme ....so better you apply in this ipo
312.4. MVP| Link| Bookmark|
July 28, 2023 6:25:29 PM
IPO Guru (1500+ Posts, 1100+ Likes)
We are on same boat. I did reverse. I went FF in Shri Tech and SHNI in Yatharth. Everyone thinks different. Let's hope for the best. Good luck.
I had forgot about this, just checked subscription figure around 4 and applied just after 4 p.m ... Thanks, didn't checked subscriptions figures before 3 p.m ..lol Hoping for allotment, have been unlucky so far with linkintime
308. Finexpert| Link| Bookmark|
July 28, 2023 5:21:55 PM
Top Contributor (400+ Posts, 200+ Likes)
Main Board IPO of Concord Biotech ROC Approval received.
Buyer :- Dena ho to do.. Strong buyer:- Do do please do..chahiye hi chahiye
304.4. MVP| Link| Bookmark|
July 28, 2023 4:40:55 PM
IPO Guru (1500+ Posts, 1100+ Likes)
Sorry one more question How one defines volume? What is low and what is high? I know it may depend on issue size etc. but what is general understanding about volume?
Today while applying in yatharth ipo i have wrongly entered 5000 quantity instead of 50 bid quantity and also submit application via net banking. But there is no sufficient fund in my account to block money for 5000 quantity. so is my application is rejected or cancelled? is yes then should i apply via UPI as my bank shows error that you have sucessfully applied in this ipo.
The only left option for you is to apply via UPI because 5000 shares application won't work anyway so just apply and wait till 5PM for accepting mandate and meanwhile contact bank. Good luck!
Which bank allowed you to apply in ASBA without funds in acc. Normally the application should hv been rejected at application stage. Now you should re apply with correct figures and hope they accept the application as the earlier one cannot be submitted to the exchange without blocking of the funds.
Thanks Members. My problem is resolved. Contact bank demat account staff and just reduce bid quantity to 50 and also massage came that my fund is blocked.