Hello, I have applied through ZERODHA and Barodabhim UPI, mail received from zerodha, but mandate not received in Bhim UPI, what I can do now, please advice
I think cancel and apply again. Cutoff price lots are given preference and then price bidding lots.. so in case of oversubscription almost nil chance you may get allotment.
Applied in ipo through zerodha mandate req accepted and failed due to insufficient bal.now bal is in acc bt mandate req not showing what to do?ONLY EXPERT PLS
229. ColdBurger| Link| Bookmark|
January 22, 2021 9:12:10 AM
IPO Mentor (1300+ Posts, 400+ Likes)
One general question: If I make profit by selling the stock on listing, then is it mandatory to file tax return even if my income is below 2.5 lakh in a financial year?
Can anyone help me with symbol name for Indigo Paints and IRFC for checking in NSE "Verify IPO Bid/Allotment Details". IRFC and INDIGOPNTS symbols not available
227. Chem cho| Link| Bookmark|
January 20, 2021 10:59:05 AM
IPO Guru (2500+ Posts, 2700+ Likes)
Blindly apply in this IPO
for listing gains
227.1. mDelhi| Link| Bookmark|
January 20, 2021 1:25:35 PM
Top Contributor (200+ Posts, 100+ Likes)
Thanks for the message Chem Cho sir Now I am applying
226. Eagleye| Link| Bookmark|
January 20, 2021 4:37:03 PM
IPO Guru (6600+ Posts, 21900+ Likes)
I''d ask pnb manager if i can apply more than one diff.demat application from pnb asba and they said u can apply as much as u want from one net banking account...is it tue that i can apply more than 5 ipo application from single bank account?
yes, as long as you are not using UPI mandate and using different (PAN-Demat) account for each application. you can apply for any number through netbanking
Yes, you can apply max. 5 application from a bank account from PNB I banking
223.3. Adv Sarin| Link| Bookmark|
January 21, 2021 11:02:27 PM
Top Contributor (200+ Posts, 100+ Likes)
If you are using ASBA for applying IPO note following, I am quoting the exact wording mentioned in each and every prospectus of the IPO: Quote" In case of joint Bids, ensure that First Bidder is the ASBA Account holder (or the UPI-linked bank account holder, as the case may be) and the signature of the First Bidder is included in the Bid cum Application Form; Unquote"
223.4. Ankur Goel| Link| Bookmark|
January 21, 2021 11:17:40 PM
IPO Guru (1000+ Posts, 500+ Likes)
Yes it works. Even i got allotment from pnb.
223.5. SkDash| Link| Bookmark|
January 22, 2021 6:12:02 AM
Top Contributor (1000+ Posts, 200+ Likes)
This is incorrect. Demat account and bank account holder (either in own name or in joint name) should be same . Otherwise it will be treated as third party application and will be rejected. I have confirmed official mail from company and RTA on this.
I have applied through zerodha via upi. But the account for upi and account linkd with zerodha are of different banks. (Both are my accounts only just of different banks). Does this cause any rejection?
221.1. Lokesh Chiru| Link| Bookmark|
January 21, 2021 10:08:20 PM
Top Contributor (400+ Posts, 200+ Likes)
It is fine. Just check the amount u have applied is blocked/marked as lien in ur account successfully.
I applied from sbi asba today in Indigo IPO for a single bid. It''s showing two bid ids in the email as follows. Two bids are showing against every application in 5 demat different pan application. Has anybody facing the same problem with SBI?
----------------------------------------------------- Dear Investor, Please note that your Application No. 002E013560117404 for INDIGO PAINTS LTD( INDIGOPNTS ) has been submitted on iBBS (internet Based Book Building platform of BSE) BID ID Date Qty Price 76046557 Jan 21 2021 4:07PM 10 1490.00 76091762 Jan 21 2021 4:10PM 10 1490.00 Investors are requested to contact the Trading Member/ SCSB/ RTA/ DP if any discrepancy in bidding details. The application will be considered for allocation subject to blocking of funds by the ASBA Bank. Regards, BSETeam.
Two bids for one application id should not be rejected by exchanges. I belief for all sbi asba applicants, same problem has occurred. I do not have experience in this matter. Experts please suggest what to do?
Sir i applied in 1 ipo 1 application thought my bank account in single pan number but when I check application statuts in bse site its showing my application 1 pan number but show 2 difference BID show how to posible ?...should i cancel and apply again?
@Nitish Rudr - just apply one lot application in retail. Don''t apply in HNI. It will be lot easier to get allotment in retail as retail is 35%. HNI is expected 350-400x times so lottery allotment will be very difficult.
STRONG POINTS: -------------------------------------------- BOTTOM UP APPROACH [ TIER 3 & TIER 4 CITIES FIRST] DIFFERENTIATED PRODUCTS [28% REVENUE COMES FROM IT ] BUILDING BRAND IMAGE [M S DHONI BRAND AMBASSADOR] EXTENTIVE DISTRIBUTION NETWORK FAST GROWING C0MPANY[PROFIT & EPS IS GROWING 62% CAGR ] 5TH LARGEST PAINT COMPANY GOOD ANCHOR INVESTORS LIST WITH FOREIGN INVESTORS NET DEBT FREE COMPANY AS ON 30-SEP-2020 GMP IS GOOD ------------------------------ WEAKNESS ------------------------- HIGH COMPETITION
ONLY 38 % DEALERS HAVING TINTING MACHINE REVENUE CONCENTRATION [34.5% REVENUE FROM KERALA IN FY 19-20] VALUATIONS NOT CHEAP [PE ~125, PB ~30.28 FY 19-20] , [PE~142, PB~34 FOR H1 20-21] VOLATILE MARKET DUE TO POST BUDGET LISTING BAD TIMING BECAUSE IRFC, HFFC & STOVE KRAFT ARE IN SAME TIME SLOT ----------------------------------
I applied from 6/6 accounts and will strictly sell allotment(if any) on listing day