FREE Account Opening + No Clearing Fees
Loading...

Feedback Message Board



1 Comments

1. Nexus   I Like It. |Report Abuse|  Link|December 2, 2021 4:07:29 PMReply
My Observation regarding IndusInd Bank ASBA timings, in context with under-subscribed Star Health IPO on 2-Dec-2021
1) This page states that IndusInd Bank ASBA timing is up to 2pm on last day
2) I noticed that Star Health IPO was available up to 5 pm for subscription
3) At 4 pm it was moved from the middle of the IPO list to bottom of the list

Members can confirm this observation for future IPOs.
1.1. Team Chittorgarh.com   I Like It. |Report Abuse|  Link|December 13, 2021 6:34:34 PM
Hi Nexus,
In some special cases like when IPO didn't recieve enough bids or there were some technical issue in the afternoon, the cut-off time is extended by the exchanges and followed by the banks.

This is what happed in Star Health IPO.