258. Adv Sarin| Link| Bookmark|
February 27, 2021 3:38:03 PM
Top Contributor (200+ Posts, 100+ Likes)
All applicants, need to note the following:
Now Banks & RTA are very particular about the rules, so note. 1. Applicant cant use someone else''s Bank account. 2. On one Pan only one application can be lodged. 3. Applicant must be 1st account holder in the Bank account. If any of these rules are broken application gets rejected either by Bank or RTA, 4. In the case of multiple applications all the applications get rejected.
258.1. Brownsugar| Link| Bookmark|
February 27, 2021 3:45:45 PM
IPO Guru (3100+ Posts, 2800+ Likes)
The part of multiple applications isn''t mention in SEBIs proved for IPO process... Can you guide to any documents / sources which specify the same in detail. Also I''m making it clear that SBI allows 5 applications per Bank account through ASBA....so a large bank like that won''t go against SEBI rules. Correct me if I''m wrong.
I will not talk about any rules but only wants to share verified practical things... 1. Applying through SBI ASBA third party and getting allotment too. 2. Even got third party SBI UPI allotment in indigo paints ipo. 3. In nureca, my friend by mistake applied two times application against same pancard. While checking allotment status- Not alloted mentioned ( Not rejected !!)
Very good info spreading awareness is nice gesture. Many times new applicants didn''t know all these conditions. So useful info for everyone using this forum.
All UBI not showing lies amount. All are unblocked. Don''t know the reason. Applied 5 from each account . Also applied with 1 lot from a single account, even in that also no lien amount. Don''t know what''s happening
Union bank still blocked railtel lien amount and unblocked haranaba lien amount very very wrost experience,
257.4. Adv Sarin| Link| Bookmark|
February 27, 2021 3:26:13 PM
Top Contributor (200+ Posts, 100+ Likes)
Check your application details at NSE OR BSE if you have applied in a different account with the same Pan Number. If so means your applications got canceled, Second if the bank account (1st holder) and applicant have a different Pan number, the application will get canceled. To make a correct application you need to have a Demat account in name of 1st holder.
257.5. Adv Sarin| Link| Bookmark|
February 27, 2021 3:43:09 PM
Top Contributor (200+ Posts, 100+ Likes)
256.1. Adv Sarin| Link| Bookmark|
February 27, 2021 3:40:55 PM
Top Contributor (200+ Posts, 100+ Likes)
GMP is grey market premium. Like rate in Satta Bajar, no legal value. You can use it just as an indicator nothing more. It can change or vanish before actual shares are alloted.
Hello, I am not getting allotment from last 9-10 IPO''s. I am doing three Application. Me , my wife and my mother. For me and my mother we have separate bank account as well as demat account. for my wife separate demat account but same bank account.
Earlier I am getting the allotment. All three account at least get two ipo in past. Only problem from last 9-10 Ipo''s.
Be practical how many retail forma required , how many coming ?
Ex : for this ipo above 1400000 plus applications (exactly don''t know but above on that )
Required is 151747
Almost every 9.5 applications one get one lot .
Purely LUCK LUCK LUCK Don''t blame anyone
255.6. jajo| Link| Bookmark|
February 27, 2021 3:30:39 PM
Top Contributor (300+ Posts, 200+ Likes)
@KDfprIPO, Everything is depending on your LUCK. In this IPO for every 10 applicants ONLY ONE will be allotted 1 lot as the demand is 11 times more than available shares. You have to be that LUCKIEST person to be chosen. That means 9 persons are felt unhappy and out of which few vent their frustration. So go on applying and leave it to your LUCK.
I never heard of this registor.....I know about linkintime (reason behind its name: they never announce allotment in time ...so that atleast their company name should give hope know 😂) next kfintech(they announce in time atleast in their app-kprism at 12 night) Do any guys know when will this ipo registor announce the allotment?
251.2. P Patel| Link| Bookmark|
February 26, 2021 1:02:35 PM
IPO Mentor (900+ Posts, 900+ Likes)
Applying more than 1 lot in one application doesn''t increase allotment chance. So there is no sense to apply more than 1 lot in single application. Instead try to apply more applications from accounts of family members of friends account. This will increase of allotment chance.
General question mere upi traxaction bohot hi jyada hote hote hai like for ipos eg. 30 thousands transfer upi for frnds after ipo return from them.for nextipo retransfer 2)my self use for ipo 15000 3)atm deposit/withrawal nearly 10000/month.[I m a student I dont pay any taxes like IT.ACC BAL ALWAYS NEAR 2.5-3lakhs . income tax department se muze koi khatra hai kya.ONLY EXPERT
Nothing as such just keep on filing ITR even if its nil.
245.2. Brownsugar| Link| Bookmark|
February 25, 2021 2:42:53 PM
IPO Guru (3100+ Posts, 2800+ Likes)
NO..... transaction don''t attract income tax... unless the income for that particular year falls in a tax slab....and Don''t worry IT department knows where the money flows..
interest income obtained from savings account above 10k a year is taxable as per your IT slab. Since you have mentioned you are a student, make sure you file IT returns
Student ho, Student hi raho.. don''t try to mix up things.. u will remember this advice years later. FOR queries unrelated to IPOs, use GOOGLE. OK, boy and Don''t Act Smart, a FREEE ADVICE.
I don''t understand why people have replied in such a manner. He had a query that he has posted. If you don''t know the answer to it, don''t answer, why is there a need to put hatred comments.
Rest for your query - No there is no need to worry about Income tax for UPI Transactions, you can do ''n'' number of transactions. Also, if the source of that account balance of Rs. 2.5 lakhs is legal and taxed first, there is no need to worry about it. Also, don''t worry, Basic Exemption Limit is 2.5 lakhs (income upto 2.5 lakhs is not taxable). So any profit you earn upto 2.5 lakhs will be exempt. If it exceeds that, do some tax planning, invest in PF and Mutual Funds.
Bottom Line is - Don''t worry. Nothing will happen and don''t get disheartened if you don''t get a valid response. Post anything you like, anywhere you like. People who know will answer, people who don''t will not. And trust me, if you are Investing (mind it I am talking about Investing, not trading, you have started at the best time. You will have a lot to see in future. Keep Investing. Learn the basics and core concepts and then trade. Don''t lose money in trading if you don''t know how to do it. Keep Investing you are on the right path.
Hi, I have applied for 83 lots under HNI category. Can someone knowledgeable person please tell me will any share be allotted to me. What''s the share allocation process under HNI category as there are quite confusing and different information available on the internet. Is there any rule in HNI category that minimum allotted shares should be at least 1 lot (23 shares in case of heranba ipo)?
@Noorul Khan:- Thank you so much for your reply. Could you please tell me how it depends on luck. As far as I know shares under HNI category are allotted on proportionate basis. However, I am not sure about minimum share allocation condition. On one website, it has been mentioned that "If the proportionate shares that you could get do not equal to at least one lot, you would not receive any allocation", while on few other web sites, it has been mentioned that "if the IPO is oversubscribed by 100 times, the applicant will surely get one share for each 100 shares". If possible, could you please throw some light on this?
@RuturajKumar, Yes, minimum allotment in HNI category is 1 lot. In heranba''s case, since HNI subscription is 271x, you would have got firm allotment of 23 shares if you had applied for 272 lots or more. Anything less the applications will go through lottery and few lucky ones may get 1 lot. Thanks!
@ Ruturaj . What i told u is all from my past experience as Hni holder. U wont b get less than a lot when a hni category is oversubscribed by 200..n dont visit different sites to knw about hni category because they all hve there different explanation.. i applied 310 lot from one ac n 170 from other. What i feel i will get only one lot against 310 lot.