IRCTC Limited IPO Message Board (Page 42)

Gmp of irctc is 172 - 175
Apply for listing gain & also for long term

How to sell our IPO application at kostak rate

Ask to your broker
He sell your application at kostak rate

Is there any change in process for ASBA application ? Is multiple application from single bank is not allowed with different PAN?

Aplications per bank account
10.1 In order to ensure parity across the various channels for submitted
applications, it has been decided that an investor making application using any
of the aforesaid channel, shall use only his / her own bank account or only his
/ her own bank account linked UPI ID to make an application in public issues.
10.2 Applications made using third party bank account or using third party linked
bank account UPI ID are liable for rejection.

Not allowed

It is written in new sebi circular so pl tell me is it true so we can not apply five different persons application from same account

Yes. You can not apply

IRCTC IPO - *Market's Current Estimates of oversubscription*:

RII = 10.50L Forms = 6XApplic. wise (Avg allotment of ~6.67 shares per lot)
NII = 30K Crs. = ~312.50X

Interest cost @7.5%p.a. for 7days = 46.03paise for 1X

Thus, for NII the costing = 312.50 X 46.03paise = Rs.143.84 per share (GMP)

And, for RII the costing = 6.67X 143.84 = Rs. ~960/- (Kostak)

IRCTC IPO - *GMP Expected*
GMP 145/-
Kostak 960/-

Sir can u explain in layman language

Hi egleye
Pls confirm that huf is eligible for retail discount or not?

UPI option is compulsory only for offline physical forms. Those who used to apply IPO online can do it as before via your trading portal or your bank. And those who are submitting physical form have to mention their UPI ID and have to accept the mandate on their UPI App.

Are You Sure ?
Is it mentioned any where like that ?

Applied three applications using UPI... Received all mandate related confirmation properly...also received amount blocked notification for UPI Mandate from banks... received application submitted SMS from NSE exchange too...bravo...
Applied remaining three more applicationS USing 3 in 1 account broker online... for this option also all is good...

No any application submitted using ASBA...

All the best for all RII...

How did you post 3 applications please guide

I have already did this in affle and solar and Wilson energy.. In both ipo I got allotment. Here also 3rd party UPI is allowed.

I have applied one application through HDFC securities, without the UPI.

Applied two applications
1. HDFC securities
2. ICICI ASBA

Recurved confirmation for both. No need to fret about UPI

If I invest through NII mode in ICICIdirect, how much do I invest so that I can at least get 1 lot? I am unable to understand it. Additionally, how do I get a loan for investing in IPO? Can someone please guide me?

Respected @ RB
my estimated according to #eagleye (most important person on chittorgarh)
According to eagleye: NII QUOTA will subscribe more the 300x times...!! So you need to bid more then 300 times to get 1 lot... And your interest cost near 150/- per share...!! And the current GMP 170/180. So maybe not good to invest as NII/HNI if investment on loan...!! Because intrest eat all your profit... Should be invest in retail for 1 lot with morw and more application...!! And get better chance to allotment...

2 point: mostly banks are offered for short term loan for investment in ipos... Contact to your Bank's Base branch..!!

(Sorry for writing wrong english.)

@tinkerbell: Thank you for the reply. It clarifies a lot of my doubts. I'll try my luck as a retail investor.

How many applications I can apply from one demat account or one pan card?

ऑफिशियली वन ☝️
बाकी जितना आपका मन।

Hello Boss, only one application is allowed from one PAN No. If you are applying from 2-different demat a/c having the same PAN no, then both the applications will be rejected. So be careful. Thanks.

Dear Sir,
Max. lots that can be applied at the upper-cutoff-price(320-10=310) is 16 lots x 40 shares x Rs.310=Rs.198400/- and not 15-lots. All friends, kindly note this. Thanks.

Chittorgarh admin, kindly clarify this please. Thanks.

We are trying to find more info about this.

In the case of IRCTC, it doesn't matter as this IPO expected to be oversubscribed at least 6 times by application. The chances of getting allotment for people applying 1 lot or 15 lots will be the same.

If i apply for 8 lots(retail), what are the chances that i will get at least 1 lot?

I believe the odds of getting 1 lot allotment is same between a person applying 10 lots and a person applying for single lot (assuming a single application)

Can I use a third party account for applying through Internet Banking?

Applic in the name of child using my account?

can any one tell me.... if IPO over subscribed ... so can we get 40 shares per lot on opening/Listing.

Once IPO is Oversubscribed...Then in
RII - Its purely luck based
NII / QIB - Based on subscription , you can get lot or even less than actual lots you have applied.

In NII & QIB... allotment is confirmed

IRCTC IPO

GMP 185+/- 2
Kostak 1,300/-

IRCTC Limited IPO
As on today @ 5pm Grey Market Premium Quoting around 175 to 180. Can't expect that much Listing gain which quoting today. As per my opinion IRCTC will going to List around 440 to 460. Maximum premium we can expect on Listing day around 120 to 140.
Hope for Healthy Listing

Looking at retail subscription all the news about "aarthik mandi" and recession seem doubtful. :)

Those who r applying Through UPI id check whether amount is blocked or not in bank account.. application ll be reject if amount is remained unblock...

try using Phone pe...many ppl face same problem on Bhim.. That's y i post this message ..

I hope mandate is not accepted later from bhim upi and i apply the whole process again with phone pe. I am afraid my application might get rejected for multiple subscription. Am i correct?

How can we apply through UPI?? can someone help me out!!

try using Phone pe...many ppl face same problem on Bhim.. That's y i post this message ..