Normaly they take the primary demat holder name and PAN card details. So if you are the primary account holder than you avoid applying from both accounts, but if other wise go ahead and apply.Originally Posted by Praveen
Normaly they take the primary demat holder name and PAN card details. So if you are the primary account holder than you avoid applying from both accounts, but if other wise go ahead and apply.
Amit
Pls follow Rules/Guidelines @ PolicyWala
“The happiest people are not those who live on their own terms…but are those who change their terms for the ones whom they love”
Queries -
1- If an issue is oversubscribed.what happens to exta money we paid, when is it returned back [usual time frame]?
2- In partial payment option in some cases, extra money paid at the time of application, when is it returned back [usual time frame]?
If it's oversubscribed, and if shares are not allotted to you, you will get the refund in one-two day before the listing.
'When someone shares something of value with you and you benefit from it, you have a moral obligation to share it with others.'
Usually receive before listing.
The excess money should get alloted to you before listing and you should able to trade on the opening day itself.Queries -
2- In partial payment option in some cases, extra money paid at the time of application, when is it returned back [usual time frame]?
* SAFE
Self Appointed Financial Expert
What is the max limit of amount (application money) per application?
I have applied Coal India IPO for Rs.50,000/-. Now I wanted to increase it to max retail limit of Rs.1,00,000/-.
1- Do I have to make another application?
2- Can I withdraw my old application (Rs.50,000/-) and apply with fresh application of Rs. 1,00,000/-
Please suggest.
Only one application is allowed for one person. If you apply than your application would be rejected.
You can withdraw. But it will have an impact on the fresh application, because your name is already in their data for old application, so new application might got rejected due to two application.2- Can I withdraw my old application (Rs.50,000/-) and apply with fresh application of Rs. 1,00,000/-
Please suggest.
So best option is to keep old application.
Rules/Guidelines at PolicyWala | Help Old People |
I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
Retail Applicant - Rs.1,00,000/-
Rules/Guidelines at PolicyWala | Help Old People |
I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
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