Senior and IPO Gurus, I think Initiation of refunds should be on 23 Feb (4th working day) and Commencement of Trading should be on 25 Feb (6th working day post IPO close) however it shows 24 Feb and 26 Feb respectively. Am I missing something ?
39. RajBreaks| Link| Bookmark|
February 11, 2021 12:34:09 PM
Top Contributor (200+ Posts, 200+ Likes)
Dear IPO Guru''s, Who Tracks Share Buy Back.
Kindly Share Your Comments On "VRL LOGISTIC Buy Back", Should One Buy At CMP?
38. RajBreaks| Link| Bookmark|
February 11, 2021 12:25:05 PM
Top Contributor (200+ Posts, 200+ Likes)
@ P Patel,
Let The LIC IPO To Announce First. Till Then Discuss About All Running IPO''s.
I want to open Demat and Trading account in the name of my daughter name. Can you please tell me which one is the best broker to open Minor demat and trading account and providing online facility for buy & sell of share.
Because I have given the request with Angel Broking but they have misguided to me and open only DP account and not providing the trading account facility for buy & sell.
So please confirm any reliable broker who providing of online trading facility to buy & sell of share and apply in IPO through Minor Demat & Trading account.
I have applied for minor trading / demat account with ProStock. I just mailed them the docs. The account is yet to be opened So no idea how they are.
36.3. Ankur Goel| Link| Bookmark|
February 10, 2021 7:17:05 PM
IPO Guru (1000+ Posts, 500+ Likes)
ProStocks is only broker who provides trading cum demat account for minor. So go for it. They charge 1000 refundable security for minor account.
36.4. Jainvipul| Link| Bookmark|
February 10, 2021 7:17:59 PM
Top Contributor (400+ Posts, 300+ Likes)
Minor account me trading nahi kar sakte. Isliye only demate account open hoga aur usme ipo apply kar sakte hain. ipo allot hoga to father account me offline transfer karke father ke account me sell karna padta hain .
Minot account me sirf dp I''d aaega us se ipo me apply kar sakte hai, trading account minors me Nahi khulega ...I have 2 minor accounts with dp I''d only with no trading facility...u have to transfer shares to guardian demat if u want to sell allotted shares
36.7. Johny| Link| Bookmark|
February 11, 2021 9:00:29 AM
IPO Mentor (700+ Posts, 900+ Likes)
You can open Minor account in Prostocks. Guardian will get access to trading account and guardian can directly sell shares allotted to Minor without any offline transfer process. Prostocks is very good.
30. P Patel| Link| Bookmark|
February 10, 2021 2:36:44 PM
IPO Mentor (900+ Posts, 900+ Likes)
We are working towards the Q3 timeline for our IPO, says LIC chairman MR Kumar
29. P Patel| Link| Bookmark|
February 10, 2021 2:31:17 PM
IPO Mentor (900+ Posts, 900+ Likes)
India Pesticides files IPO papers with Sebi, aims to raise Rs 800 crore.
The company aims to raise Rs 800 crore via its public issue which consists of a fresh issue of Rs 100 crore and an offer for sale of Rs 281.4 crore by promoter Anand Swarup Agarwal and Rs 418.6 crore by selling shareholders.
Axis Capital and JM Financial are appointed as the book running lead managers to the issue.
I heard that this IPO will be listed in T2T segment? Is it correct?
28.1. BubbleBoy| Link| Bookmark|
February 10, 2021 11:32:23 AM
Top Contributor (400+ Posts, 100+ Likes)
Yes, t2t.
27. P Patel| Link| Bookmark|
February 10, 2021 10:13:27 AM
IPO Mentor (900+ Posts, 900+ Likes)
Up to 10 per cent of the LIC IPO issue size would be reserved for policyholders, Minister of State for Finance Anurag Thakur said on Tuesday.
The government will remain the majority shareholder and will continue to retain management control safeguarding the interest of policyholders, he said.
Read more at: https://economictimes.indiatimes.com/markets/ipos/fpos/up-to-10-of-lic-ipo-issue-size-to-be-reserved-for-policyholders-mos-finance/articleshow/80768975.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Thank you Bro, if one is a policy holder, how can he apply. I mean where does he need to inform that he is a policy holder. Sorry, I am new to this so need your help here.
@oopsalion, its a valid question. Normally when it comes to shareholders portion, company should have the PAN details. But here in policy holders, how can they validate? Its a big question. How many of us given our PAN to the insurance companies while opening the policy? We may receive an announcement to update our PAN numbers against our policies. But as such a company like LIC having huge policy holders, once they announce to update, their servers might get crashed.
LIC itna big size IPO hai ki allotment asani se milega with ni listing gain to iske chakkar me padana bekar hai.. I think IPO me listing gain ke purpose se paisa lagana chahiye baki long term ke liye secondary market hi batter hota hai..
@prabhakar I dun know whether u r a policy holder or not. But as ur silly question. It proves u don''t... It''s now mandatory from past few years to update PAN in policy. Or else u can''t deposit ur renewal premium. So I think now it''s clear on ur part.
27.5. arunARUN| Link| Bookmark|
February 11, 2021 10:20:20 AM
IPO Guru (1800+ Posts, 1600+ Likes)
PAN is only for policy more than Rs 50000. It is not compulsory for life insurance. Total policy holders are more than PAN holders
26. P Patel| Link| Bookmark|
February 10, 2021 9:56:23 AM
IPO Mentor (900+ Posts, 900+ Likes)
Warburg Pincus & Temasek-backed CarTrade prepares to launch Rs 2,000-crore IPO; first-ever by an auto classifieds portal.
Investment bank Axis Capital has been engaged by the firm to prepare for the listing and the DRHP is likely to be filed with Sebi in May. CarTrade.com competes with rivals like Droom, Cars24, Quikr, and others
I had purchased one Blood Glucose Monitor of this company through Amazon. The instrument did not function on the first use. I raised the complaint to the company. I also raised the complaint in National Consumer Helpline. It was replied that the product is a medical instrument and the person using it should contact a medical lab. After repeated follow up it was replied that the product need to be sent to Punjab but with no postal address. Such a bad experience. When the company cannot take care of customer what can you expect for the investor. They say it''s a American brand.
25.1. ValueSeeker| Link| Bookmark|
February 10, 2021 8:30:25 AM
IPO Mentor (1000+ Posts, 400+ Likes)
IMO, that''s more a problem with online shopping portals and their integration with the last mile vendors / manufacturers. Can''t always blame the latter.
I believe it is a Chinese brand. You are right the company always wants to put the blame on the other. When you buy it from Amazon, there are further issues since it is a third party vendor and a seller marketplace. The manufacturer may not be directly selling on amazon but its distributors and dealers would be.
Hi, How many lots need to apply in HNI to get one lot ? Here HNI category have a different % so how many lots needed to get at least one.
Thank you.
23. PearlRohit| Link| Bookmark|
February 9, 2021 10:10:43 AM
Top Contributor (200+ Posts, 100+ Likes)
PURE CHINESE COMPANY. CHINA COMPANY. NURECA LIMITED. REGISTRATION NUMBER: U24304MH2016PLC320868 REGISTRATION IN CHINA, REGISTRATION DATE 02-NOVEMBER-2016 LAST AGM DATE 20-AUGUST-2019
From RHP (pg 120) I see that it was incorporated as "Nureca Private Limited" in Delhi (2016) and the under the "Comapnies Act, 2013", and the incorporation was issued by "Registrar of Comapnies, Central Registration Center, Delhi".
In 2019, the registered office was moved from Delhi to Mumbai, and they got the present name "Nureca Limited", again getting the certificate of incorporation from RoC.
So it is incorporate din India.
I look at the shareholding and the Promoter and his wife hold ~93% shares, so it''s not as if some Chinese company bought majority shares.