PNGS Gargi Fashion Jewellery Limited IPO Message Board (Page 7)

Answer
1. In icici through multiplier scheme
2. If you apply same ipo through different Demat account but same PAN then your application rejected.
3. If you buy during the listing day then you wait for 2 days.

you can apply from ASBA (bank), and once you will get allotments the same will reflect in your dmat account.

This is called 3rd party application, & more & more RTA are rejecting them, especially in highly oversubscribed IPOs. If alloted, it will reflect in Groww & AngelOne.
This demat also vary whether they allow or not, preopen or intraday in SME IPO shares.

i saw in another comment that groww doesnt allow selling sme stocks on listing day. dont know about angel one.

1. Zerodha: You can sell on listing day (including pre-open)
2. Groww: First day selling process is tedious, where as normal from second day, for first day, you need to call / mail to cust care, they will arrange special window for selling, you cannot quickly act for the price moments, may stuck in LCs, for SMEs groww not suggestible
3. Angel one: Not used, not sure, but I learnt from various other member posts, first day selling process is by call (phone trading), cust care executive will place order manually, again causes process late, not suggestible for SMEs
ASBA: avoid using your SBI, as this is considered as third party prone for rejections at multiple levels (bank level, registrar level)
For IT purpose, no issue as clubbing of income is applicable, if they got allotted from your funds.
In all the cases, checking the allotted shares in your broker apps is not a problem, if they are not easily appeared on front line on trading apps, you can still check on backend office menus, you need to explore, if you still facing issue to found them on broker app, install cdsl easiest and you are done... suppose, if you use nsdl demat, we have equilant app for nsdl too..

I have clarified from Groww that we can sell as a mainboard IPO if alloted. But in Groww they are not allowing pre-open bid even for mainboard. A big drawback.
I am awaiting clarification from angelone.

12 rs buyer

Prostocks + HDFC is the best combo

Prostocks + SBI is very good option

We cant apply for ipo from minor sbi account.