Zerodha is the biggest fraud broker. I applied for Railtel and Heranba on console but never received the UPI mandate and after the time limit for application is over console display no application. Learnt my lesson. Will move to a non-discount broker now.
If u don''t receive UPI mandate, then u have to cancel the application and try again. It is clearly states on their platform also. Don''t blame any broker, it''s ur half baked knowledge of how to apply IPO successfully to blame for.
@bluesugar I always apply thru UPI via zerodha. Use my UPI ID linked with the demat account and till today never face any issue, and, I apply IPO Applications on first day and APPROVED on last day or even CANCEL the Applications according to my own speculations. That''s the beauty of UPI I learnt for 1 LOT ;)
Everybody has different experiences. Its better, you contact Zerodha and see if there is any glitch with your account or your UPI ID. Never faced any issue with UPi mandate with Zerodha so far.
Agree with u, zerodha sucks. Faced similar issues with them many a times, even if u accept mandate, it does not get updated in zerodha and there customer care is useless, they tell u havent applied when the money is blocked after accepting mandate. Follow this, Apply for ipo the first day, wait for the UPI until the end of the day, if it doesn''t come, cancel and create a new request the next day. This way u will be able to apply.
Also, asba is more reliable when compared to zerodha anyday
I too uses zerodha for ipo sometimes it will be delay in getting upi linkay be hour or two but before u will definitely gett he link ...for herenba I got the link on my gpay as the app has been Updated took time to understand where the link is and I found it in my profile as upi mandate link
Same thing happened with me during Nureca IPO.I applied through Zerodha Console by Upi mode but never got the mandate request.Application no. was generated but when i checked again after 2 hours my application just disappeared from Console.Now i am applying through ASBA only.Much reliable and easy unblocking of funds.
@NANDA IPO sooner or later you will face this. Experience is a great teacher just wait for it. As mentioned on their website I applied 3 times but still no use. Also every time the console said no application received. Some of my friends faced similar issue in past I used to think they are noobs like u r thinking of me. Let me tell u vanity will not take u anywhere.
@GSC yes sir this is exactly what has happened to me.
@starling it is the ease of use why I started using UPI but it seems I have to go back to good old ways.
@Ramesh ji Today applied for account with HDFC sec.
@Ajay ji I contacted zerodha on twitter and also raised a ticket. Have not received any replies yet.
@Mujeeb ji problem is console is showing that I have not applied at all. It is not just about mandate. Zerodha deleted my application.
If you have a problem and not resolved just quit Zerodha and be happy. Why to complain all the time? Instead go to a non-discount broker immediately, or your MTAR Tech will also miss.
totally agree, something is wrong with ZERODHA for IPO... in my case i approved the mandate but in console blocked amount was blank and after allotment, i come to know that my application deleted but i didn''t.. by next time i will use netbanking only for any IPO not ZERODHA...
280.17. Nicks Jain| Link| Bookmark|
March 1, 2021 9:48:33 AM
IPO Mentor (700+ Posts, 900+ Likes)
some times UPI creates issues of notification or blocking of funds. According to me 1st option should be apply through NET Banking ASBA Mode. And SBI bank is the best as far as IPO is concern even BOB also
If you are open account before 26 dec 20 then you can ipo through net banking in investment section otherwise you can''t apply ipo
277. P Patel| Link| Bookmark|
February 26, 2021 12:36:00 PM
IPO Mentor (900+ Posts, 900+ Likes)
Nava Bharat Ventures - Buyback announced... highlights below:
- Type of Buyback - Open market purchase - Current Market Price - Rs. 75.30 - Buyback price - Rs. 100 - Maximum Buyback Size - Rs. 150 Crores - Maximum Buyback Shares - 1,50,00,000 - % of Total Paid up capital - 5.05% ( as of March 31-2020 ) - % of Free Reserve - 3.94 % ( as of March 31-2020 )
277.2. P Patel| Link| Bookmark|
February 26, 2021 4:45:32 PM
IPO Mentor (900+ Posts, 900+ Likes)
The public announcement setting out the process, timelines and other requisite details will be released in due course in accordance with Buyback Regulations. The dates of the Buyback offer will be mentioned in the public announcement.
@P Patel Ji, Is it not risky to buy it now when the dates are not out yet? What if, the company defers the date by 3 months or so.
It might be a basic question, since I am a beginner i am trying to understand from people like you.
Thank you.
277.7. P Patel| Link| Bookmark|
February 28, 2021 5:49:27 PM
IPO Mentor (900+ Posts, 900+ Likes)
@Newrookie - Type of Buyback is "Open Market Purchase". In this type company will buy from open market directly from Exchange at market rate. The maximum price they will buy from market will be Rs.100. In this case company operators can try to restrict price. So there is not direct benefit to shareholders if some other operator can pull price higher.
If buyback is of type "By Tender" in that case they will buy directly from Shareholders with specified Rate. So shareholder can tender their share at specified rate directly to company.
As per my knowledge some people might have selected price bid insted of Cut off price and selected upper price band at the time of application. That''s why may the huge difference between the two. Experts, please correct me if I''m wrong.
Yes please explain it experts does pricebids also includes cutoff or upper band price ?
275.3. traderyn| Link| Bookmark|
February 28, 2021 12:19:45 AM
IPO Mentor (600+ Posts, 300+ Likes)
Maximum people apply in cutoff price or upper price band in retail category.nearly 95-98%
275.4. KING VINOD| Link| Bookmark|
February 28, 2021 11:19:35 AM
IPO Guru (2400+ Posts, 5200+ Likes)
It''s always advise to apply at Cutoff price only
274. Aniketiaf| Link| Bookmark|
February 23, 2021 4:44:46 AM
IPO Guru (1800+ Posts, 10200+ Likes)
Heranba Industries raises Rs 187.5 crore from anchor investors.
The marquee anchor investors included Government Pension Fund Global, Jupiter India, Cohesion MK Best Ideas Sub-Trust, Dovetail India Fund, Societe Generale and Morgan Stanley.
On the domestic front, HDFC Trustee Company, Max Life Insurance Company, IIFL Special Opportunities Fund and Emkay Emerging Stars Fund received shares in the anchor book.
Aniketiaf, If you can provide your view then it will be really helpfull to us to make the decision. Thanks and regards,
274.2. Aniketiaf| Link| Bookmark|
February 23, 2021 4:38:17 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@ Mpatni,
Heranba Industries Limited-
A good Agri Chemical company which is attractively priced. Decent listing gain should must be there Can be considered for all Short/Medium/Long term. Thanks.
Standard disclaimer: I am not a SEBI registered analyst. I may have vested interest in every stock I discuss. Please do your own due diligence as stock market investments have high degree of inherent risk.
Aniketiaf sir jee All three PSU suggested by you r rocking now with in three months. I m getting almost 15% in each NTPC, NMDC, and NALCO. Can I book some profit? I can hold for long term also. Plz advice sir.
274.8. Aniketiaf| Link| Bookmark|
February 25, 2021 2:22:33 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Anurup ji, It''s not only my suggested Psu, but many PSUs are rocking now. You can hold all for a return of another 10% in next few months. Congratulations on your profit. Thanks.
272. Faizan| Link| Bookmark|
February 27, 2021 10:02:14 PM
Top Contributor (200+ Posts, 200+ Likes)
@IPO SUSPENSE - We all know you want to increase your posts count to become IPO Guru. I saw your post count in 200+ since past 1 month. Even after so many(atleast more that 300) "replies" on posts, you post count is still 200+ only
I think you don''t even know the basics. Replying on other peoples posts will NOT increase your post count. It will remain same. Count will only increase when you post new posts, via "Post New Message".
272.1. Faizan| Link| Bookmark|
February 28, 2021 1:12:50 AM
Top Contributor (200+ Posts, 200+ Likes)
And one more advice.
Becoming IPO Guru, doesn''t depend on single factor that your post should more. It also, infact more importantly depends upon likes to posts ratio as well. You will need more likes while having lesse posts. You will need 1000+ post and 3000+ likes on those posts. (not comments)
268.2. P Patel| Link| Bookmark|
February 26, 2021 7:09:13 PM
IPO Mentor (900+ Posts, 900+ Likes)
Heramba (Sanskrit: हेरम्ब, Heraṃba), also known as Heramba Ganapati (Heraṃba-gaṇapati), is a five-headed iconographical form of the Hindu god Ganesha (Ganapati). ... This form is important in Tantric worship of Ganesha. He is one of the most popular of the thirty-two forms of Ganesha.
267.2. P Patel| Link| Bookmark|
February 25, 2021 6:02:30 PM
IPO Mentor (900+ Posts, 900+ Likes)
instead of 140 ( round number ) lots, if applied for 137/138/139 or 141/142 ( some odd lots ) - your chances of allotment will be increased.
Declaimer: This is my personal experience and I am not claiming this is 100% sure. I applied HNI category in Burger King and Mrs. Beactors with some odd lots and both time i got allotted.
In hni category wise allotment done,no odd even formula there.and less chance of allotment untill you applied subscribed number.
267.4. P Patel| Link| Bookmark|
February 26, 2021 1:13:30 PM
IPO Mentor (900+ Posts, 900+ Likes)
@traderyn - Agreed, In HNI allotment ratio will be defined based on application category wise. Now consider normal mindset of retail people while applying, majority of them go for round figures like 140/145/150/etc lots. Same applies for buying/selling of stock if you observes in orders. Majority of orders will be at 150.00 / 150.50 / 151.00 etc... but less very less for 149.95 / 150.05 / 150.45 / 150.95 etc...
So considering if luckily if you applied for 139 lots in HNI category and there is no other application in this category, your chance will be high.
Market up down se gmp per koi effect nahi hota Grey maket trader sode per hi bid krte he
You latest see
Nureca ipo Railtel ipo
267.8. P Patel| Link| Bookmark|
February 26, 2021 4:42:50 PM
IPO Mentor (900+ Posts, 900+ Likes)
@Kapil Gro,
In HNI category allotment is done proportionately. so if HNI portion subscribed 271 times, in that case those who applied for 271 lots will get 1 confirm allotment. But for those who applies less than 271 lots in their case proportionate ratio is defined for each application category, and within those application category draw will be applied.