Aster DM Healthcare Ltd IPO Message Board (Page 17)

Please donot spread rumours....whats the basis of your news..I donot think Registrar can caner the application of ipo by sending email.

many applicants'' bank account unblocked.
you try once this time in aster and you shall be surprised.

you seem to be not aware of the new rules.
Cancellation is not allowed after issue closure.

registrar conciders during post issue modification period which is immediate next day after issue closes.

Stop fooling people...registrar donot have powers to modify application based on email..

you try once this time in aster and you shall be surprised to know the powers of registrar.Also check Faqs of your bank Asba.you will find Q & A both.yes

you are fooling people and I donot wana waste more of my time to reply a fool like you...Thought my post will help people stop following your advise so kept replying you. but it seems all readers here love to be fooled. good bye.....

Sometimes back I wanted to cancel my applications and I had emailed to linkintime and they had send me regret email. Saying that cancellation is only possible during the issue is active. I can show the email here but I will have to dig dipper in my inbox to find those emails.

i think you have not read ASBA FAQs of your bank.ok tell me in which bank you are holding account ?

This was the reply given by linkintime:

Dear Investor,


In accordance with SEBI (Issue of Capital and Disclosure Requirements) (Fifth Amendment) Regulations, 2015 dated August 14, 2015 (which was effective from January 01, 2016), the retail investors may either withdraw or revise their bids until closure of the Issue. Further the request for withdrawals in IPOs have to be made through the intermediary through whom such applications were made during the Offer Period. The same has been clearly stated in the RHP issued by the Company under clause 5.4 under the head “WITHDRAWAL OF BIDS” on page 353 of the RHP. For your ready reference, please find below the disclosures made in the RHP:
a) RIIs can withdraw their Bids until Bid/Offer Closing Date. In case a RII wishes to withdraw the Bid during the Bid/Offer Period, the same can be done by submitting a request for the same to the concerned Designated Intermediary who shall do the requisite, including unblocking of the funds by the SCSB in the ASBA Account.

(b) The Registrar to the Offer shall give instruction to the SCSB for unblocking the ASBA Account on the Designated Date. QIBs and NIIs can neither withdraw nor lower the size of their Bids at any stage.

Since no applications were made by you for withdrawal until the Bid/Offer Closing Date i.e. until January 29, 2016, we are not in a position to process your request for the reasons stated above and in accordance with the disclosures made in the RHP.

We are disposing of your request with no further action at our end.



Regards

Sagar

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01/02/2016 10:06:10

Thanks Sagar jee your post really helps readers here.

As i can''t copy paste here i kindly request you to google '' asba faqs '' and click on sebi to download asba faqs and go to page 4 question no.13 directly.it is the rule of sebi.i hope it will clear everybody''s doubt.

If I withdraw my bid made through ASBA, will the bank account be unblocked
immediately?

If the withdrawal is made during the bidding period, the SCSB deletes the bid and
unblocks the application money in the bank account. If the withdrawal is made after the
bid closure date, the SCSB will unblock the application money only after getting
appropriate instruction from the Registrar, which is after the finalization of basis of
allotment in the issue.

Learn to type if you donot know how to copy and paste....LOSER