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Rail Vikas Nigam Limited IPO Message Board (Page 11)

13. tnk  Mar 26, 2019 21:42
Can we apply using overdraft account upi, so that we are not charged interest until allotment
Sammy ipo
12. Sammy ipo  Mar 26, 2019 21:00
What is d application rate??
Prabahar P M
11. Prabahar P M  Mar 26, 2019 20:18
First sorry, this question is not related to this issue, Can you please guide me on this,

My daughter having her own MINOR PAN and having her own Young Star (minor) bank account with ICICI Bank. When i checked with Zerodha, they saying they can't open an account for a minor. Same time i checked with ICICI Direct, they ready to open the account with her MINOR PAN along with my PAN as legal guardian.

Now i have 2 questions,

1. If i am a legal guardian, which PAN will be taken to consider when I apply IPO (I would like to apply 2 applications using her account as well as my account)
2. Why Zerodha not agree to create, but ICICI Direct?
11.1. medge  Mar 26, 2019 20:37
IPO Mentor IPO Mentor (600+ Posts, 900+ Likes)
I think Zerodha dont offer minor and HUF demat accounts.

You can open minor account with ICICI/AXIS/YES/HDFC/KOTAK, you have to apply to IPO using minor PAN card only which will be linked with Demat Account.

About your own application you can apply from any bank account which is on your name not on your minor name. Also you should have your own demat account.

As per new rule one application per one bank account is valid so try to apply IPO with different accounts.
Prabahar P M
11.2. Prabahar P M  Mar 26, 2019 20:46
Thanks medge! Appreciate your immediate answer! Thanks again!
10. rvr  Mar 26, 2019 20:17
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
Is UPI mandatory for this ipo..?
Aditya Hujband
9. Aditya Hujband  Mar 26, 2019 18:41
can we apply for multiple account using single upi id?
amit ghosh
8. amit ghosh  Mar 26, 2019 13:26
Can any one explain , what is UPI & how it works ??
Team Chittorgarh.com
8.1. Team Chittorgarh.com  Mar 26, 2019 16:22
Hi Amit,
Please read about UPI at

Thank you,

Chittorgarh.comĀ Admins

7. rvr  Mar 26, 2019 13:21
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
All PSU started doing well..may be this too list in good price
Anil Singhavi
6. Anil Singhavi  Mar 26, 2019 13:03
RHP of Rail Vikas Nigam Limited IPO
5. umeshgupta  Mar 26, 2019 12:49
please suggest application process, Asba or UPI
4. PURAVGARG  Mar 26, 2019 10:50
any gmp (kostek) in
3. Devenblt  Mar 26, 2019 09:53
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
.50 paisa retail discount
Vijay M Agrawal
2. Vijay M Agrawal  Mar 26, 2019 08:57
1. Samraheja  Mar 26, 2019 00:17
RVNL IPO - From 29 March to 03 April
Qib 50%
Hni 15%
Retail 35%
Size approx 480 cr
Price band 17-19
50 Np discount, per share
Lot size 780 shares.

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