Not much trust on GMP but have to take guidance from it. And thats why I buy at 55 in preopen thinking that it open too much low than GMP. But I just want to know what happened? Why so much low opening? Any Red Alert on this stock?
77. IPO guro| Link| Bookmark|
February 12, 2024 9:00:39 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Jai ho Sai Baba ki 🙏 Bacha liya allotment nahi hua.
It may meet same fate as that of baweja studios taking into account co. fundamentals as well as falling gmp. Innocent retail investors may be trapped here. Decision is yours!! Suno sabki karo apne man ki!!!
@Simply Vicky You were right. But waise bhi nse ke share me koi FFF nahi karta. FFF BSE ke liye hota hai.
Waise bhi kal GMP 12 hi tha. Wo to Mai bhagwan se request kar raha tha ki jaise Australian ko tez Kiya waise Italian ko bhi kar de. It was sarcasm not prediction.
Per pura mahaul hi kharab ho gaya hai. Saare share public wale toot rahe hai tabadtod.
I want conduct a poll and would like all members reading this comment to vote yes or no to my question.i have been applying IPOS in 3 of my family account from idfc first bank in different categories of slabs since last 2 years.not a single time I got any kind of allotment in any kind of ipo have you ever got allotment in any kind of ipo while applying from idfc first bank?
this is just one screen shot.i have 4 more of this same account orders.just don't want to spam here so not posting.my take is they just want customers to retain money in account and keep trying.i think I will just open a new account in other bank and try my luck from there.there is definattly something wrong about idfc.
61.7. G profit| Link| Bookmark|
February 10, 2024 4:46:21 AM
IPO Mentor (1000+ Posts, 200+ Likes)
I have got many allotment via idfc first bank. Also once again check the demat number and other details inputted in the bank website. If it is wrong, your application will be technically rejected. One of my friend made this mistake, had no allotment and after correction, he had some ipos allotment
61.8. DEVBULL| Link| Bookmark|
February 11, 2024 8:40:20 PM
Top Contributor (300+ Posts, 100+ Likes)
@G profit@Yashashwi 1) As you are using IDFC First Bank, kindly intimate whether linked FD facility is available in IDFC First Bank and if so whether we can use the amount(s) of linked FD(s) together with the amount in Savings A/c for applying for IPOs under NII /HNI category through Net Banking? 2) What is the cut off time on the closing day of IPOs for NII/HNI category in IDFC First Bank, ASBA- Net Banking? Whether it is 3 pm or 3.30 pm?
1. I didn't asked FD linking facility as they already gives 7% interest on saving A/c balance.
2. Cut off time for retail is 4.30 pm & HNI 3.30pm.
61.10. DEVBULL| Link| Bookmark|
February 12, 2024 7:40:25 AM
Top Contributor (300+ Posts, 100+ Likes)
@Yashashwi Thank you for your reply. If FD linking facility is there in IDFC First Bank for applying for IPOs, one can get 7.75% interest for FDs for the tenure of 549 days compared to 7% in Saving A/c. In the case of Senior Citizen, it is 8.25%. I am a Senior Citizen and using huge amount and so the extra interest matters to me. Presently, I am in the Indusind Bank where IPO closing time is 3 pm for HNI. As I feel the IPO closing time of IDFC First Bank is better than that of Indusind Bank, I am thinking of shifting to IDFC First Bank.
@G profit Kindly intimate whether linked FD facility is available in IDFC First Bank and if so whether we can use the amount(s) of linked FD(s) together with the amount in Savings A/c for applying for IPOs under NII category through Net Banking.
FD interest 7.75% or 8.25% as seniorcitizen....only if you didn't get any allotment till 549 days(FD maturity)
In case of allotment....FD will automatically break & we will have to settle for 3-4% interest (as per the bank FD chart)
Correct me, if I'm wrong here as this is my personal view doesn't asked any bank official for the same.
61.12. DEVBULL| Link| Bookmark|
February 12, 2024 8:15:37 AM
Top Contributor (300+ Posts, 100+ Likes)
@Yashashwi No. In Indusind Bank, in case of allotment and if there is sufficient amount in the Savings A/c, the allotted amount only will be debited in the Savings A/c. The Full FD(s) amount(s) used for applying for IPO will be just unblocked and not be broken. If there is no sufficient cash balance in Savings A/c, then only the latest FD will be broken to meet out the debit instructions.
@JSK✨ , fase to nhi ho infact you have shown great patience in holding on inspite of couple of circuit breaks. Even if you exit between 270-300 it is still almost 5x-6x, which is really great in such short span of time.