Affle (India) Limited IPO Message Board (Page 18)

*AFFLE INDIA LTD-TENTATIVE*
      
Opens On      *29-Jul-19*
Closed On      *31-Jul-19*
Face Value      Rs. 10 Per Share
Issue Size      Rs. 499.75 Crs.
Total Share Issue      67,08,053 EQUITY SHARES
Retail Quota      *10%*
Price Band      *RS. 740/- TO 745/-*
Retail Discount      0.00
Minimum Lot      20 SHARES
Minimum Amount @Cut-off      *RS. 14,900/-*
Registrar      KARVY COMP
Listing On      Bse & Nse
Retail Lots Avaliable      *33,540 LOTS*
Basis Of Allotment      05-Aug-19
Unblocking Asba      06-Aug-19
Credit Of Shares      07-Aug-19
Listing Date      08-Aug-19

Sir, Any update on GMP please?

The main objective of asba and UPI to block amount simultaneously. Not like when we submit physical app and it takes a 3-4 days. So asba and UPI both will be there for use.

Hi Rajni,
As per SEBI circular, at this point UPI is the only way to for retail investors except 3-in-1 account holders.

Though they both are to block the money, the underlying mechanism in UPI is simple and fast. That is the reason SEBI is pushing for it.

Current GMP???

Sir, If I have UPI ID can I submit IPO application thru net banking or thru any online mode ?

UPI will be optional if you are applying online using netbanking, but UPI payment method bank have yet to implemented for online ASBA so as of now for online application through bank you can't use UPI. please wait for this for few more months.

Offline bank ASBA form you can submit in BANK with UPI ID but again this is optional.

If you are bidding through broker then only UPI is mandatory when UPI rule will applied.

Only physical form without UPI Id and theird party ipo option is strict.

ASBA and netbanking is there.At present heard that UPI postponed for 1 months.

Note:

Retail Individual Investors will continue to have an option of Bank ASBA if bidding through Self Certified Syndicate Banks (SCSBs) with Bank ASBA facility and Trading Members providing the option to submit online bid-cum-application form using the facility of linked online trading, demat and bank account (3-in-1 type accounts).

Mail from bse, they told that ASBA, 2in 1 and UPI allowed..

Correct,
SEBI circular and BSE email clearly saying what is going to replace by UPI and what is going to continue.

There is no need to panic anyone if he/she is applying through his own Bank.

Only person need to worry about UPI who is applying through his Broker.

UPI is the only way mandated by SEBI for the retail investors. Henceforth, ASBA shall not be applicable for retail investors in any IPO's

You are 100% wrong

Priced reasonably.
2019 Eps is 20 (consolidated)
So PE 37 for Foreign Company is reasonablle

Sir....what is upi mode of applying ipo?I usually apply through SBI asba .....

Dear Ammubutter,

Note that the ASBA process is gradually being replaced by UPI mode of payment. This is a similar migrations as we moved from paper forms to ASBA (online applying from SBI, ICICI etc.) few years ago. The purpose of this is to speed up the listing of IPO.

Read about UPI mode of payment.

Miner account ki upi I'd kaise banegi ?

As per the bank guidelines:

Only minor above the age of 15 with a bank account as a single (not joint) are eligible for UPI.

Minor below the age of 15 years or a minor who is a joint account holder is not eligible for UPI.

Please check with your bank for more detail.

Dear Rajkumar asba is continuing?

Online net banking always always for ipo ?

Yes.. Physical form can be given to bank directly for those WHO having savings account in SCSB.

Dear Mohit Goel
Hni will above 400 times
Retaill above 40 times.

not more then 20 times in retail

Dear Sarupam
Yes you are correct due to UPI Retail may be 20 times

What is this upi mode of applying ipo?is it an app?Any body here to explain me simple.....I always apply ipo through SBI asba services.....
Thank you

I think if priced reasonably Affle IPO can revive the primary market sentiments positively. A moral booster for retail investors

740-745 is reasonable pricing?

At present you can't guess the fair price as the secondary market is in downtrend due to FII selling and slowdown in earnings of companies. The company management and lead mangers should be considering these aspects.

Dear chittorgarh .com, asba facility ko 3 month ke liye renew kiya gaya h kya
please reply answer

Hello Sir / Madam,



It is observed that you are a regular investor in IPO and one of the key enabler for the growth of Indian Capital Markets.



We thank you for your support.



Do you know that the Initial Public Offer (IPO) process to apply for equity shares has now been changed?



You may be aware that as a part of the continuous effort in streamlining the public issue fund raising process, SEBI, in consultation with the stake holders has 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 (application amount upto Rs.2 Lacs) through designated intermediaries (Syndicate members, Registered Stock Brokers, Registrar and Transfer agent and Depository Participants). The proposed process is being introduced to increase efficiency, eliminate the need for manual intervention at various stages, and reduce the time duration from issue closure to listing by up to 3 working days from current 6 days.



SEBI through its circular no. SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 1, 2018 has introduced an alternate payment mechanism using Unified Payments Interface ("UPI") and consequent reduction in timelines in a phased manner. Based on the SEBI circular, BSE issued Notice no. 20181226-13 dated December 26, 2018 and 20190701-6 dated July 1, 2019 - pertaining to UPI as a payment mechanism for Retail Individual Investors in IPO Bidding.



Therefore, the UPI mechanism for Retail Individual Investors (application amount upto Rs.2 Lacs) applying through Designated Intermediaries has been made compulsory from July 01, 2019 onwards for equity IPOs.



In view of the same, kindly use UPI Id in application forms while applying for equity IPOs through designated intermediaries (Syndicate Members, Registered Stock Brokers, Registrar and Transfer Agents and Depository Participants).



The above mentioned SEBI & BSE circulars / notices and Frequently Asked Questions (FAQs) can be accessed at following URLs



1) SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 1, 2018



https://www.sebi.gov.in/legal/circulars/nov-2018/streamlining-the-process-of-public-issue-of-equity-shares-and-convertibles_40923.html



2) Frequently Asked Questions (FAQs) related to UPI mechanism released by SEBI



https://www.sebi.gov.in/sebi_data/commondocs/mar-2019/useofunifiedpaymentinterfacefaq_p.pdf



3) BSE Notice no. 20181226-13 dated December 26, 2018



https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20181226-13



4) BSE Notice no. 20190701-6 dated July 1, 2019



https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20190701-6



5) Video of the UPI based ASBA process.



https://youtu.be/UJ394m2Q3rg



For further queries related to UPI mechanism you are requested to contact your Trading Members (Share Brokers).



Note:

Retail Individual Investors will continue to have an option of Bank ASBA if bidding through Self Certified Syndicate Banks (SCSBs) with Bank ASBA facility and Trading Members providing the option to submit online bid-cum-application form using the facility of linked online trading, demat and bank account (3-in-1 type accounts).



Looking forward to your continued support in using UPI IDs while applying for IPOs at BSE IBBS platform.



Happy Investing.



Listing Sales Team

BSE Ltd.


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Can apply for ipo from net banking ?

I think online net banking facility is continuing like before.

Friends,
* AFFEL INDIA IPO * Next up Open from 1-2-3. As well as two other IPOs coming up in the first week. From now on, there are three ways to apply in IPO.
૧. UPI based by broker.
૨. Internet banking based.
૩. Fill out the form and submit it to the bank. (By BANK ASBA)

* The above is the simplest UPI based application in all three methods *. Only once the UPI ID has been created through the BHIM App, the client can apply at home by simply calling the broker and giving his or her family member's code at home. No need to fill out a form or sign. The badge will be applied within minutes. There is a possibility of fraud when there is no focus in net banking. As well as filling in the application form by hand, standing in line with your bank and applying, will be a waste of time.

* Create a UPI ID immediately. *

Dear Rajkumar asba is continuing?

around 275 - 290 may be

clean bold