Why this North south messages are being posted? Do you mean to say that discrimination is going on in allotment of IPO only due the regional bias? Very sorry to say that this type of thought is very ugly. I am also for North and haven''t been able to bag any ipo allotment except in BLSe that too due to SH quota. Pls understand 🙏. Allotment is done on random basis. Some guys emerge luckier than others. It''s natural. Take it easy and keep applying.
I applied through ASBA for 25200 shares in Alpex Solar as HNI and 10000 shares in Rudra Gas. Still not got a single share allotted. What is the reason? For HNI it should be shared proportionally?
I am applying in all SME ipos where GMP is more than 15% since last 1year. But till date didn''t get a single share under this. What may be the reason? Can any one explain? Is there any one who get sme ipo?
277.1.RajeevFeb 05 2024 08:47:36 AM
Few things you need to verify - your demat account number and PAN number. Always submit your application through ASBA or UPI. As we all know, good SME IPOs get very high subscription, chance of allotment is very low, but keep applying for good IPOs.
CAN I APPLY IPO THROUGH MY MOTHER DEMAT ACCOUNT AND MY UPI ID IS IT VALID
276.1.Shiva RajakFeb 10 2024 11:36:55 AM
No you can''t. Because the pan linked to the demat account should match with the pan linked with bank ac. If it is different then you will not even receive the mandate.
276.2.PkFeb 12 2024 07:56:37 AM
Open bank account in his name manage you and create upi for that and use
276.3.KALYAN PATELFeb 13 2024 06:19:55 PM
Use your mother''s bank account directly and apply via ASBA (Application Supported by Blocked Amount) feature from NetBanking. It eleminates the shortcomings of the UPI.
276.4.AnonymousFeb 15 2024 05:46:09 AM
Yes you can, I do the same and I get mandate as well as allotment as well
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