Well said Vikram (Message No. 71) "Baki sab Bhagwaan ke uppar". I am inclined to agree with you specially serial No.5 of your analysis - "5. People are already engaged their money and very few retail investor has money to apply in full".
Those who does have the ONLINE trading account (like i have ICICI) for them PAN card copy is not required. If your account is updated with PAN card, there is no nessesary I feel. coz I used to apply through online line, never submitted any copy of PAN card. plz correct me if i am wrong.
I've a PAN card, i submitted it to open my sharekhan and DMAT a/c 6months back. Nowadays, i apply IPO's thru sharekhan online. So, Is PAN card xerox is mandatory even if we apply thru online IPO (thru sharekhan/icici direct)...?
on first day it will list between 135 to 140 if you invest for long term it will touch 200 or more central bank is now opening 100 more branches so profit will increse if you apply and get shares sell part of allotment and invest onother for long term if you have adjusted.
Can any one tell me the method of operating thro online transaction. Where to submit the pancard? I have been operating thro icicidirect. I want to apply for CBI. Please suggest.
Hello Tanushree... Where R U? Awaiting for your comments.
pls read carefully. it was in response to ashish's query. he was worried tht he didn't attach PAN copy for Everonn issue. I just replied that PAN COPY is mandatory w.e.f from 15th July onwards. So, no need to worry about Everonn. But, it applies from Omaxe Ipo onwards.
About 3 Million Dmat accounts are freezed. It menas shares can be credited but not debited. Those who are applying for shares under IPO have to attached Pan card copy otherwise application is rejected. It is a right step to force people to get PAN card.Dmat accounts are misused to get max. allotment by using bogus addresses and bank account is very well known fact.People do not follow rules and when restrictions are brought they shout. It is unfair.
dear jatin, dont misguide.REGARDING PAN CARD it is compulsary to attach zerox of pan card even u apply for minimum lot. this effect is in force from immediate effect. BE CAREFUL.