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
I am new to the market and having experience of 1 year with stock investment and trying to buy an IPO since last 1 month but have not received any allotment, please guide :)
Someone can tell me how to apply with hdfc upi I can’t see in zerodha. It’s showing @okhdfcbank. How to apply
272.1.Venu NairJan 09 2024 03:13:51 AM
Link yr HDFC account to GPay and use Gpay for IPO mandate. Okhdfcbank is the bank handle of GPAY
272.2.KevinFeb 01 2024 09:12:34 PM
I complain same thing to those stupid people they reply with try to change the mediator/merchant. So now I just tell everyone to simply not to open account in zerodha no matter what.
272.3.Vinay JainFeb 02 2024 09:48:43 AM
IPO must be apply with ASBA process, thats the best way to apply, broker dont have any role in IPO application. One need to just provide demat information from broker where you will get shares after allotment. So always use ASBA, no need to wait for mandate.
272.4.YuvrajFeb 07 2024 03:04:34 PM
Better you go in HDFC bank login and there you apply mentioning ur Zerodha account number, through ABSA.
I had applied for konstelec engineer IPO but not allotted share on 25.01.2024 but my money got blocked till today i.e. 28.01.2024 and don''''t know whether zerodha will refund on 29.01.2024 or not!!!! Please reply if anyone having samee issue
271.1.GunaJan 31 2024 11:45:43 PM
May i know how many lots did you applied for??
271.2.Vinay JainFeb 01 2024 08:33:43 AM
The broker does not matter, please contact the registrar if the refund is not initiated.
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