Gm Dear Friends Welcome All to the New Wonderfull First Working day of Year 2022. Now come to this issue what are the views of esteemed forum members regarding this to apply .
I have an existing Dmat account with Sharekhan. If I apply for an SME IPO (not through Sharekhan, as they don''t have this facility), will the shares be credited AND sold to/from the same Sharekhan (mainboard) account??
Yes Shares will be credited in the demat account of which details u will give at the time of application & surely u will be able to sell through the broker where u are having your trading account. Nowadays broker generally use to have demat account with their own so that u can get the margin for selling & will be able to take Delivery of shares sold thru POA.
2.2. K.Atar| Link| Bookmark|
December 31, 2021 12:50:18 PM
IPO Guru (1000+ Posts, 700+ Likes)
Already checked with my skhan broker rm person, he said. apply through asba only. and after successful bid, shares will be credit in demat as normal and can be traded/sold from skhan main window/app. no difference.
2.3. K.Atar| Link| Bookmark|
December 31, 2021 12:55:23 PM
IPO Guru (1000+ Posts, 700+ Likes)
Eklavya ji, don''t apply sme via upi as i witness few people did and still waiting fund release. (upi ever tried and not sure if they are saying truth or not) use your 16 digit cdsl dp id of skhan in asba and apply. and rest you already know.