I have my HUF account with HDFC bank and demate account with another broker. So when i use HDFC net banking to apply the IPO from my HUF account then its showing my main PAN number linked with bank instead to HUF PAN number, So i am unable to apply IPO from HDFC net banking under HUF account , So i talked with HDFC bank then they told me that this is the bank arrangement for HUF account so i have to apply manually by filling the IPO form and submit into the branch..
I want to know is there any other alternate available to apply IPO for HUF account in HDFC bank.
98.1. P Patel| Link| Bookmark|
March 12, 2021 5:54:07 PM
IPO Mentor (900+ Posts, 900+ Likes)
@Arun Mittal - I have HUF account in Kotak Bank. To associate my HUF Demat account with my HUF bank account, so that I can apply via ASBA, I contact my home branch and they told me to fill one form with option "Cross beneficiary Registration". Now I am able to apply via ASBA for my HUF Demat account from HUF Bank account.
I guess same facility should be available in HDFC as well, you need to visit your branch and explain your issue in detail.
98.2. lekker| Link| Bookmark|
March 12, 2021 6:42:06 PM
IPO Guru (1300+ Posts, 1900+ Likes)
Patel Ji,
Facility which provided by Kotak for HUF / Minor account is not available in HDFC if want to apply online IPO.
HDFC is asking to open demat+Trading with HDFC securities if they want to apply for IPO for HUF account.
Another way is go to their branch and submit physical application, in this also not all branch accept this forms, in a city hardly 1-2 branch provides this facility.
98.3. P Patel| Link| Bookmark|
March 12, 2021 7:34:06 PM
IPO Mentor (900+ Posts, 900+ Likes)
Hummm, so HDFC is not providing this facility :(. I think in that case no other option left for Arun Mittal ji other than applying via physical form and submit to bank
Even I was facing same problem with hdfc bank very ridiculous system by them and whenever I tried requesting them to make changes in pan number they ask to open demat and trading account with hdfc securities. So finally I opened another huf account with sbi and henceforth I apply for ipo from sbi ac. According to me SBI has the most user friendly netbanking service.
I had the same problem, even though my demat and trading account is with HDFC. So I had to fill an ASBA form and hand it in at the branch.
98.6. lekker| Link| Bookmark|
March 13, 2021 7:00:20 AM
IPO Guru (1300+ Posts, 1900+ Likes)
Vijay Ji,
from HDFC trading account you can apply for HUF IPO application, you don''t need to submit physical application. I am assuming you have HUF bank account with HDFC and HDFC Demat Trading is linked with HDFC saving account..
For your kind feedback..lekker ji is right .Submit the physical form is the only way in hdfc bank for applying ipo in huf account.. But if we have debit card issued under HUF aacount then we can generate UPI id for this account and then can apply ipo through UPI id... Because if we apply using UPI id then its ask to submit all details like PAN number , DP Id , client Id Etc...i dont have atm card issue for my Huf account so i am unable to generate the UPI id..
First day retail subscription 2.59 times (Subscription of Rs 680 Crores Out of total retail size of 262 Crore) Application wise 2.23 times in detail on first day.
Hi All, could you provide the GMP link where to check i am new to this share market. I request you to provide the link it will great help to me in understanding things quickly.
93. P Patel| Link| Bookmark|
March 12, 2021 12:37:47 PM
IPO Mentor (900+ Posts, 900+ Likes)
Total 6 IPOs in the same time... Need to be very careful and selective and need to manage funds very well.
Company Name ---------- Issue Size ============================ Anupam Rasayan ------------ 538.45 Cr. Craftsman Automation ----- 823.70 Cr. Laxmi Organic ---------------- 600.00 Cr. Kalayan Jewellers ---------- 1175.00 Cr. Nazara Technologies ------- 546.70 Cr. Suryoday Small Finance -- 582.34 Cr. ============================= Total Size -------------------- 4266.19 Cr.
Even consider average subscription of all above IPOs to 75x, total amount blocked will be around Rs. 319964.27 Crores
93.1. Arca| Link| Bookmark|
March 12, 2021 12:59:50 PM
IPO Guru (1000+ Posts, 500+ Likes)
I have a doubt regarding applying ipo Can I apply all upcoming 6 ipo from one bank a/c For 3 pans
That is can I make 3*6ipo = 18 application from one bank a/c?? Will there be any issue?
I apply through upstox And pay through upi mandate
Thank you in advance
93.2. P Patel| Link| Bookmark|
March 12, 2021 1:16:24 PM
IPO Mentor (900+ Posts, 900+ Likes)
@yArca - using UPI, you can only for single PAN only for all 6 IPOs. You can''t apply for others PAN using UPI - all will be rejected.
93.3. Arca| Link| Bookmark|
March 12, 2021 2:33:17 PM
IPO Guru (1000+ Posts, 500+ Likes)
I actually applied through all individuals upstox a/c but payment alone through my bank a/c.
I have actually applied 4 IPOs so far using 2 accounts I have got heranba and that too for my bro. I had the above doubt because everyone saying max 5 asba only that''s y I had that doubt I didn''t have any issue in paying from my bank account.
93.4. P Patel| Link| Bookmark|
March 12, 2021 4:32:05 PM
IPO Mentor (900+ Posts, 900+ Likes)
Applying via ASBA is fine, you can applied from your bank account for yours + other 2 members demat account. But this is not possible if you are applying via UPI.
92. Arca| Link| Bookmark|
March 12, 2021 2:45:14 PM
IPO Guru (1000+ Posts, 500+ Likes)
I have a doubt regarding applying ipo Can I apply all upcoming 6 ipo from 3 upstox a/c for 3 pans (ie one a/c for one person) And payment through one bank a/c upi
That is can I make 3*6ipo = 18 application payment through one bank a/c?? Will there be any issue?
I apply through upstox And pay through upi mandate
UPI handle need to be in the same name as of the deemat account. If you have 3 deemat accounts, then you need 3 UPI handles to pay for the subscription applications.
92.3. Arca| Link| Bookmark|
March 12, 2021 4:14:34 PM
IPO Guru (1000+ Posts, 500+ Likes)
Actually I didn''t have any problem with upi payment
Earlier for heranba I paid through same upi for me and my brother and my bro got allotment.
My question is can I pay 18 application Because in some websites given max 5 asba only.
Applied 8 lots Sold in gray mkt subject to allotment I found this ipo some risk, When ever risk , i sold in gray and safe my principle as well as profit I will bid for laxmi (keep open) And Nazara(open)
Avoiding Craftsman and kalyan(may be suryoday)
All the best
91.5. MAPatel| Link| Bookmark|
March 12, 2021 12:58:58 PM
Top Contributor (300+ Posts, 100+ Likes)
@Harit Thanks for give your valuable opinion for upcoming IPOs.
Can you share your sub2 rate of Anupam Rasayan which you have sold in grey ?
@frenchi & ankit ગ્રે માર્કેટ ના સોદા તમારા સબ બ્રોકર સાથે જ કરાય અન્યથા તકલીફ પડે, જો 6 માંથી 3 જ ભરવાના હોય તો લક્ષ્મી,નઝરા અને અનુપમ ભરો અનુપમ નું એલોટમેન્ટ ચાન્સ વધારે છે પણ નફો ઓછો થાય, બાકી બેય લોટરી છે સારા નફા ની શકયતા છે ભરતા પહેલા તમારું જોખમ તપાસી લેજો
ALL IPO IN ONE GO, Where 2 ipo run between same dates, Also other ipo’s last application date may effect on listing day In this rainy ipo month and due to below schedules listing may effect
1.MTAR – LISTING ON 16 MARCH 2.EASY TRIP- LISTING ON 19 MARCH 3.ANUPAM RASAYAN = IPO DATES -12-16 MARCH AND LISTING ON 24 MARCH (16 is listing date of MTAR and last day of Anupam rasayan AND KALYAN jewelers ipo application open) 4.CRAFTMAN , LAXMI ORGANICS - BOTH IPO APPLY DATES = 15-17 MARCH AND LISTING (25 listing date for both , but if one ipo listing before one day then date 24 then it will with Anupam rasayan 24 march) 5.KALYAN JWELLERS = 16 TO 18 MARCH , LISTING 26 MARCH (16 is listing date of MTAR and last day of Anupam rasayan AND KALYAN jewelers ipo application open ) 6.NAZARA TECH AND SURYODAY BANK = BOTH ON 17-19 MARCH, MAY BOTH LIST SAME DAY 30 march( for both ipo 19th is last day of application and listing day of EASY trip )
@Eagleeye @sonalpatel @aniket and all other experts please share what is current grey market price of Anupam Rasayan. Please let me know and all others in this fourm.
I am observing Capital Market rating for IPOs since 30 years. It''s rating or any issue contains deep analysis. However it''s rating mark for many issues have underperformed/outperformed many times. Previous context on Reliance Power rating was above 60/100 and investor have burnt their fingers and lost their hard earned money. Recently Nurecia is another sample for analysis. It''s rating was given with high risk and low gains. However investors have gained respectable amout, may be due to Bullish trends in market. Overall my personal opinion is that capital market has sharp analytic team, who give us accurate analysis.
84.3. Nicks Jain| Link| Bookmark|
March 12, 2021 11:20:41 AM
IPO Mentor (700+ Posts, 900+ Likes)
Risky trader can apply....else Laxmi / NAZARA is best