MRS BECTOR RECORD WILL BE BROKEN EITHER BY LAXMI OR NAZARA
132. Paymzia| Link| Bookmark|
March 15, 2021 3:18:20 PM
IPO Guru (2400+ Posts, 4400+ Likes)
Laxmi Organics IPO - Market estimation of Over subscription
NII - 99 Crs = ~ 650 X RII - 2700000 L Forms = 16 71 X Application wise ( Avg.allotment of ~ 6.88 shares per lot ) Interest cost @7.5% p.a. for 7 days = 18 70 paisa for 1 X Thus ,for NII the costing 650 X18.70 paisa =121.55 per share .
Can anyone tell me that this ipo is not much oversubscribed still it has high GMP. Shouldn''t GMP and oversubscription go together? Same happened with Anupam rasayan though it''s GMP was not that high. Could this be a manipulation of GMP by operators?
Stock market is a place where anything can be manipulated. Main objective of these operators and manipulators including many so called experts is to fool general investing public.
GMPs are decided based on the value and demand in the unlisted market. Further today is just the 2nd day of subscription. This IPO''s true oversubscription will be known tomorrow. Then you will be in a better position to understand the correlation between its oversubscription and GMP.
Experts kindly help meπ I have Axis bank a/c and Angel broking dmat but axis bank is not linked to the dmat a/c. Can i apply from my Asix bank ASBA? Will it be legitimate application?
Hey, now even I have the same question. I also wanted to apply for Laxmi IPO through SBI ASBA. But even I heard that LINKINTIME rejects 3rd party applications through SBI? Can anyone clarity this please
It will take some time to get mandate notification to your gpay. I hope you know how UPI mandate works. If not google it, you will get more information.
Nowadays most applications are made only through UPI requests, hence the mandate request will be a little delayed, But if you are not getting the mandate request by evening you might have not enabled notifications,
Try following these steps, 1) Login to Gpay, and go to your profile by clicking the user profile icon on the right side top corner. 2) Swipe down and you will find the mandate requests, there you will find the pending requests. 3) You can click authorize the pending mandate
I''ve heard that LINKINTIME doesn''t allow 3rd party applications through SBI ASBA and cancels them at the time of allotment. Can someone please confirm this?
119.1. Adv Sarin| Link| Bookmark|
March 15, 2021 11:06:30 PM
Top Contributor (200+ Posts, 100+ Likes)
You are right, they follow rules in letter and spirit, nowadays even others too follow these basic rules. The worst thing in case of cancellation they don''t even bother to intimate.
Can I apply for 5 different Dmats +PANs through single SBI ASBA account...I heard someone is saying Link in time Registrar will not allow Third party application''s through ASBA also...is it right or I can apply upto 5 applications with SBI ASBA.. please suggest..π