Indian IPO Blog: IPO FAQ
    • Showing posts with label IPO FAQ. Show all posts
    Showing posts with label IPO FAQ. Show all posts

    Sunday, March 19, 2017

    Can you apply to IPO from Overdraft (OD) or Current account? - IPO FAQ

    March 19, 2017 0
    Can you apply to IPO from Overdraft (OD) or Current account? - IPO FAQ
    Q: Can I apply from current account or over draft (OD) account ?
    A: Excepting few accounts, most of the banks do not allow such applications and applications are generally accepted from savings bank account or account having clear credit balances

    For real time news and updates on the latest developments in Indian IPO markets, join Indian IPO Blog group on Whatsapp!

    Send in name and city of residence to +91 79776 14821 OR Click here to join the Indian IPO Blog Whatsapp group now! (Free for early bird members)
    - No comments:
    Tags , , , , , ,

    Thursday, February 9, 2017

    Can you apply to IPO for family from your bank account? - IPO FAQ

    February 09, 2017 0
    Can you apply to IPO for family from your bank account? - IPO FAQ

    Q: Can I apply in the name of family members & friends from my saving bank account?

    A: Yes you can apply. There is no such restriction preventing you from making an application in your family members' name if the bank account used for ASBA blocking is yours.

    For real time news and updates on the latest developments in Indian IPO markets, join Indian IPO Blog group on Whatsapp!
    Send in name and city of residence to +91 79776 14821 to join the Indian IPO Blog Whatsapp group now! (Free for early bird members)
    - No comments:
    Tags , , , , ,

    Wednesday, February 8, 2017

    Can you do multiple applications in IPO? - IPO FAQ - Back to Basics

    February 08, 2017 0
    Can you do multiple applications in IPO? - IPO FAQ - Back to Basics
    Q: Can I apply more than one application in my name from different saving bank accounts in the same bank or different banks ?

    A: No. If you do, then all your applications will be rejected. Multiple applications are closely monitored and they are rejected outrightly
    - No comments:
    Tags , , , , ,

    Sunday, February 5, 2017

    How to apply in IPO through ASBA? - IPO FAQ - Back to Basics

    February 05, 2017 0
    How to apply in IPO through ASBA? - IPO FAQ - Back to Basics
    Q. How to apply in IPO through ASBA? 
    Under ASBA facility, investors can apply in any public/ rights issues by using their bank account.

    Investor submits the ASBA form (available at the designated branches of the banks acting as SCSB) after filling the details like name of the applicant, PAN number, demat account number, bid quantity, bid price and other relevant details, to their banking branch by giving an instruction to block the amount in their account.

    In turn, the bank will upload the details of the application in the bidding platform. Investors shall ensure that the details that are filled in the ASBA form are correct otherwise the form is liable to be rejected

    Get real time updates and stay up to date with the latest developments in Indian IPO markets! Send in your request to join the group with your name and city to +91 79776 14821 to join Indian IPO Blog Whatsapp groups now! (Free for early bird members -  First come first serve basis) 
    - No comments:
    Tags , , , ,

    What is ASBA? Application Supported by Blocked Amount - Back to Basics

    February 05, 2017 0
    What is ASBA? Application Supported by Blocked Amount - Back to Basics
    Q. What is “ASBA”?
    A. ASBA means “Application Supported by Blocked Amount”. ASBA is an application
    containing an authorization to block the application money in the bank account, for subscribing to an issue.

    If an investor is applying through ASBA, his application money shall be debited from the bank account only if his/her application is selected for allotment after the basis of allotment is finalized, or the issue is withdrawn/failed


    Get real time updates and stay up to date with the latest developments in Indian IPO markets! Send in your request to join the group with your name and city to +91 79776 14821 to join Indian IPO Blog Whatsapp groups now! (Free for early bird members -  First come first serve basis) 
    - No comments:
    Tags , , , ,

    Wednesday, February 3, 2010

    What is a 'French Auction' Model and how it works

    February 03, 2010 0
    What is a 'French Auction' Model and how it works
    French Auction Model is an alternative book building model, whereby instead of fixing a specific Price Band for the IPO, a price known as "Floor Price" is initially fixed.

    Institutional buyers are free to bid above the floor price so fixed and the allotment is done on a price-priority basis at differential prices. That is to say that in this type of model, different investors get shares at different prices. If two or more investors bid a certain quantity of shares at the same price then the allotment to these investors is done proportionately

    Thus, in this model, for Retail Category and HNI Category, price for bidding would be the Floor price whereas for QIB category, price can be any price above floor price
    - No comments:
    Tags , , , , , ,