PLEASE OPEN DEMAT ACCOUNTS OF ALL FAMILY MEMBERS AND APPLY IN THIS ISSUE .THIS IS ONCE IN A LIFETIME OPPORTUNITY. SEE THE ISSUE OF HDFC LIFE IT IS ALMOST DOUBLE. THE HISTORY OF HDFC & HDFC BANK EVERYBODY KNOWS.
Has anyone tried opening BSDA demat + trading account, where demat AMC is nil as prescribed by SEBI? Any experience? Which Broker offers good BSDA plus near free trading A/C (so that we can sell off the allotment when required, with minimum demat and trade fees)? BURNING QUESTION, if you wanna make profit by recruiting all family members!
@Helios Open demat accounts in Zerodha by paying OPENING charges. I have enquired from them about BSDA. They replied that at the end of Financial year if your Holdings value is <50k, then your AMC will be Nil. In case it's between 50k and 200k, then Rs 100. Above that it'll be treated as normal. So basically, it gets automatically considered as BSDA if we fulfill this criteria. Ofcourse, one additional and most important thing to remember is that ONLY ONE DEMAT ACCOUNT ON THAT PAN CARD MUST BE OPENED ACROSS ALL DP AND BROKERS. If you have more than 1 demat, then even if holdings are less than 50k, it'd not matter and Zerodha would charge you normally.
So make sure only to open one demat account and preferably in Zerodha. They don't charge you if you fulfil both the conditions mentioned above.
???????????????? Helios Online ???????????????? Atheist ???????????????? He is one of the most senior members of this forum and posted after long time.So I welcomed him back.
@mr.space, care to divulge or at least have a letter in your name so that we may address you clearly, instead of launching spaceships to find you? I remember someone now...
Issue Opens: July 11th tentative Issue Closes: July 13th tentative IPO size expected in the range rs. 3000 to 3500 Cr. Price : Rs. 1200/1300 (tentative)
Face value Rs.5 My expectation price is 1400 Retail portion is 35% 77 lakh shares Must apply IPO. HDFC is good brand value in the stock market. I told in the HDFC LIFE page that is life give Rs.15 to 20 listing gain that happened in life counter. Here also if it fix price Rs.1400 means it will list above 1700.
As per report of BS newspaper on 25 june which says that HDFC mf had alloted 1.44 million shares to 140 distributors @1050 per share with a F V of 5 each though private placement in april with one year lock in.More over expected price may be between 1400-1500 for ipo.