Affle (India) Limited IPO Message Board (Page 17)

SEBI/HO/CFD/DIL2/CIR/P/2019/76 June 28, 2019
To
Recognized Stock Exchanges
Depositories
Registered Stock Brokers
Registered Merchant Bankers
Registered Registrars to an Issue and Share Transfer Agents
Registered Depository Participants
Registered Bankers to an Issue
National Payments Corporation of India
Dear Sir / Madam,
Sub: Streamlining the Process of Public Issue of Equity Shares and convertibles- Implementation of Phase II of Unified Payments Interface with Application Supported by Block Amount
1. This refers to SEBI circular No. SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 1, 2018, vide which SEBI had introduced the use of Unified Payments Interface (UPI) as a payment mechanism with Application Supported by Block Amount (ASBA) for applications in public issues by retail individual investors through intermediaries (Syndicate members, Registered Stock Brokers, Registrar and Transfer agent and Depository Participants), with effect from January 1, 2019. Implementation of the same was to be carried out in a phased manner to ensure gradual transition to UPI with ASBA.
2. In order to ensure that the transition to UPI in ASBA is smooth for all the stakeholders, the timeline for implementation of Phase I of the aforesaid Circular was extended by 3 months i.e. till June 30, 2019 vide Circular No. SEBI/HO/CFD/DIL2/CIR/P/2019/50 dated April 3, 2019.
Implementation of Phase II
3. Accordingly, Phase II of the aforesaid Circular dated November 01, 2018, shall become effective from July 1, 2019. Thereafter, for applications by retail individual investors through intermediaries, the existing process of, investor submitting bid-cum-application form with any intermediary along with bank account details, and movement of such application forms from intermediaries to Self-Certified Syndicate Banks (SCSBs) for blocking of funds, will be discontinued i.e. Channel III at Para 5.1 of Circular dated November 01, 2018 would discontinue. For such applications only the UPI mechanism would be the permissible mode i.e. Channel IV at Para 5.1 of the said Circular.
4. In Phase II, the existing timeline of T+6 days will continue, for a period of 3 months or floating of 5 main board public issues, whichever is later. The implementation of Phase III shall continue unchanged as per the aforesaid Circular from the date of completion of Phase II, as above.
Status of SCSBs on UPI
5. Applications through UPI in IPOs can be made only through the SCSBs / mobile applications (apps) whose name appears on the SEBI website - www.sebi.gov.in at the following path:
Home » Intermediaries/Market Infrastructure Institutions » Recognised Intermediaries » Self Certified Syndicate Banks eligible as Issuer Banks for UPI
A list of SCSBs and mobile application, which, as on the date of this Circular, are live for applying in public issues using UPI mechanism is provided at Annexure 'A'. The said list shall be updated on SEBI website.
An investor shall ensure that when applying in IPO using UPI, the name of his Bank appears in the list of SCSBs displayed on the SEBI website which are live on UPI.
Further, he/she shall also ensure that the name of the app and the UPI handle being used for making the application is also appearing in the aforesaid list.
6. An application made using incorrect UPI handle or using a bank account of an SCSBs or bank which is not mentioned in the aforesaid list is liable to be rejected.
7. Investors whose bank is not live on UPI as on the date of this Circular, may use the other alternate channels available to them viz. submission of application form with SCSB or using the facility of linked online trading, demat and bank account (Channel I or II at Para 5.1 of Circular dated November 01, 2018).
8. Retention of forms by Intermediaries
Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer / Registrar to Issue. However, in case of Electronic forms, "printouts" of such applications need not be retained or sent to the issuer. Intermediaries shall, at all times, maintain the electronic records relating to such forms for a minimum period of three years.
9. Frequently asked questions (FAQs) regarding use of UPI with ASBA in public issue process can be accessed at the following path on the SEBI website - www.sebi.gov.in :
Home » FAQs » FAQs on Primary Market Issuances » Use of Unified Payments Interface (UPI) with ASBA in public issue process
10. All entities involved in the process are advised to take necessary steps to ensure compliance with this circular.
11. The aforesaid Circular dated November 1, 2018, and April 03, 2019 shall stand modified to the extent stated under this Circular.
12. This circular is being issued in exercise of the powers under section 11 read with section 11A of the Securities and Exchange Board of India Act, 1992.
13. This circular is available on SEBI website at www.sebi.gov.in under the categories "Legal Framework" and "Issues and Listing".
Yours faithfully,
Narendra Rawat
General Manager
+91-22-26449383
narendrar@sebi.gov.in
Annexure-A
List of Self Certified Syndicate Banks on UPI 2.0*
Sr. No.
SCSBs live on UPI 2.0
Mobile Application to be used by investor
UPI Handles active
1
Allahabad Bank
BHIM
@upi
2
Andhra Bank
BHIM
@upi
3
Axis Bank Ltd
BHIM
@upi
4
Bank of Baroda
BHIM
@upi
5
Bank of India
BHIM
@upi
6
Central Bank of India
BHIM
@upi
7
Corporation Bank
BHIM
@upi
8
DBS Bank India Limited
BHIM
@upi
9
GP Parsik Sahakari Bank Limited
BHIM
@upi
10
HDFC Bank Ltd.
BHIM
@upi
HDFC BANK MOBILE BANKING APP-ANDROID ONLY
@hdfcbank
11
HSBC Bank
BHIM
@upi
12
ICICI Bank Ltd
BHIM
@upi
ICICI BANK MOBILE BANKING APP (iMobile)-ANDROID ONLY
@icicibank
13
IDBI Bank Ltd.
BHIM
@upi
14
IndusInd Bank
BHIM
@upi
15
Janata Sahakari Bank Ltd.
BHIM
@upi
16
Karur Vysya Bank Ltd.
BHIM
@upi
17
Kotak Mahindra Bank Ltd.
BHIM
@upi
18
Mehsana Urban Co-operative Bank Limited
BHIM
@upi
19
Oriental Bank of Commerce
BHIM
@upi
20
Punjab National Bank
BHIM
@upi
21
Punjab & Sind Bank
BHIM
@upi
22
RBL Bank Limited
BHIM
@upi
23
Rajkot Nagarik Sahakari Bank Ltd
BHIM
@upi
24
South Indian Bank
BHIM
@upi
25
State Bank of India
BHIM
@upi
26
SVC Co-operative Bank Ltd.
BHIM
@upi
27
Saraswat Co-operative Bank Limited
BHIM
@upi
28
The Ahmedabad Mercantile Co-Op. Bank Ltd.
BHIM
@upi
29
The Federal Bank
BHIM
@upi
30
The Lakshmi Vilas Bank Limited
BHIM
@upi
31
TJSB Sahakari Bank Ltd
BHIM
@upi
32
UCO Bank
BHIM
@upi
33
United Bank of India
BHIM
@upi
34
YES Bank Ltd.
BHIM
@upi
*As on June 28, 2019

Till selecting bank is done.....after that how to link to ipo?

What is GMP of Affle IPO.....

I have Joint Account in Bank And First Holder Is My Mother . Can I Apply For Both ?

SEBI rule says only 1st holder can apply.
But we dont know yet whether the registrars have implemented mechanism to comply that rule. So go ahead and take chance if you have no other option.

test

dear sir
I have zerodha dmat. Can i apply using following

1 HDFC bank ASBA (My HDFC account is linked with Zerodha trading account)

2 SBI ASBA (My SBI account is not linked with my Zerodha trading account)

note - both HDFC and SBI savings accounts are in my name but not 3 in 1 accounts. Which one can i go for?

dear sir
I have zerodha dmat. Can i apply using following

1 HDFC bank ASBA (My HDFC account is linked with Zerodha trading account)

2 SBI ASBA (My SBI account is not linked with my Zerodha trading account)

note - both HDFC and SBI savings accounts are in my name but not 3 in 1 accounts. Which one can i go for?

Respected Sirs,

Many thanks for your early reply.

But, I have online services and all of our family members are going to apply in this IPO through only 1 A/C.

Will our application be rejected?

Thanks in advance

Bahot confusion create Kiya tha UPI ka.. kuch members ne... Kuch ata pata nahi comment Kar lete hai log...
Murlidharan ji and Medge aap dono ekdam sahi ho..apako pranam...

Brokers bid karate samay Jo zhol hoga wo abh UPI se nahi honga...
Muze lagata hai multiple application with same bank account also bandh hone chahiye...yaha pe hum individual bank account se 2-3 application karate hai...our allotment ke liye pray karate hai..kuch log purre muhalle ke naam pe bid karate hai...
Per account one application hone se logo ko paise har ek account main transfer karane padenge at least thoda bahot aise logonke application Kam ho jayenge...to kuch innocent RII ko kuch to milenga..

Multiple application se aapko kyo jealous he bhai?aap bhi karo multiple app.ak accounts se multiple app karni bandh nahi honi chahie.

Accha hai... application from third party bank/UPI I'd liable for rejection....
Abh ek bank account se ek hi application lagegi wo bhi same account holder ki...very good move by sebi...

Respected Sirs,

Many thanks for your services. Undoubtedly, it is the no. 1 site in India for correct IPO information.

Now, my question is, I have only 1 bank a/c and all my family members would like to apply in this IPO through this A/C. Can I do it?

Thanks again,

Dear Kaushiki,

Thank you for your kind appreciation.

Sorry, but with UPI as mandatory payment mode, you cannot make multiple IPO application using the same bank account. Each member of family should have a separate UPI Code/bank account.

Amount refund and listing both are same day?

You can apply online also. For eg. Hdfcsec.
Apply blindly....good return.

It is show canara also

Dear admin
Kindly note that sme ipo" Wonder fibromats "was showing yesterday in hdfc bank net banking.So I think that retail application through net banking will be same as before.

to Rajas showing in sbi also

My broker said asba extend 3 month

WITH REGARD TO APPLYING FOR IPO, PLZ NOTE THE FOLLOWING;

1. No UPI ID is required, if you give physical ASBA form to your bank
2. No UPI ID is required, if you lodge e-ASBA in your bank's internet banking
3. UPI ID is required when you lodge your physical ASBA form through your Broker

That's correct understanding.

@v sir
but who will bell the cat? :)

Apply this ipo , very less chance get allotment..

Not a less chance..high chance bcoz of new upi systems..50 % people not knowing new rules...so high chance...and also high returns in this ipo...

VERYGOOD NEWS.SHARE APPLICATION S FORMS WTH ASBA FACILITY IS CONTINUED FOR FURTHER 3 MONYHS. JULY AUGUST OCTOVER. IF U R NOT PREPARED WITH UPIID U CAN SUBMIT THE SHARE APPLICATIONS WITH BANK BRANCH FOR FURTHER 3 MONTHS.

@SBR
This is still rumors in the market that ASBA facility extended for 3 months, other forum member please dont trust this until there is official communication from SEBI or Exchange.

***Please note UPI ID payment is mandatory for all the Retail Investors who wants to submit the applications to the registered BROKER ***

Retail Investors who wants to submit the applications through the BANK or through the 3 in 1 account they do note need to worry about UPI rule.

Hi SBR

Please do not confuse people.
1. ASBA form submission to Banks physically or through net banking e-ASBA will continue for ever
2. If you want to give the form to Broker, UPI ID is essential from 01.07.2019
3. If any Bank is not ready with UPI ID, the customers of such Banks cannot submit forms to Brokers. They have to compulsorily opt for submission to Banks or net banking e ASBA
4. When your bank become UPI enabled (verify with SEBI site), obtain UPI ID from them, indicate the UPI ID in ASBA form and then can start giving ASBA forms to Brokers.

Thanks

Apply or Avoid ?

Strictly Avoid.
Look at the market condition.Everyday down.
See the listing of CPSE ETF.Discount Listing.

Can I apply thru my banker ASBA, and also online

Dear Admin Sir,
I truly respect your stand, lets wait for coming Monday to open affle IPO subscription.
Thanking You.

no

dear sir, minors ka ipo kaise submit karenge.

With UPI become mandatory for retail applicants, it won't be possible for applying in IPO in Minor and HUF account. Let's hope SEBI/Exchanges come up with some solution or exempt these type of accounts.

I am having UPI id of my HUF saving account..

HDFC provides debit + Netbanking facility.
Debit card is required to generate UPI ID.

Also HDFC / ICICI / Kotak / Axis provides 3 in 1 account for HUF.

So HUF will not face any issue to apply in IPO because of UPI.