IRCTC IPO opened for subscription (Subscribe for listing gain as high as 50% as per current GMP but subjected to market risk)

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IRCTC IPO opened for subscription (Subscribe for listing gain as high as 50% as per current GMP but subjected to market risk)
Deal Expired

IRCTC IPO has opened for subscription from 30 Sept 2019 and will be opened for subscription till 3rd october.

Share qty: 40
Price per share : 315-320
Retail discount: 10

Current GMP is 165.

Allotment is going to be lottery based so apply for 1 lot only.

https://www.google.com/amp/s/m.economictimes.co...

https://www.google.com/amp/s/m.businesstoday.in...

Expired 9 months
32 Comments  |  
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Mandatory to submit application via linked bank account through ASBA ? Or application can be done from non linked bank account? Please guide.

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This is not the lottery and gambling place

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BubbleBoyChickenLittle wrote:

Mandatory to submit application via linked bank account through ASBA ? Or application can be done from non linked bank account? Please guide.

I have a demat account linked to my bank account. So submission is always ASBA where the amount is liened till the allotment is not over.

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tikkuagrawal17747 wrote:

This is not the lottery and gambling place

This is better than the SIMCO 43inch TV deal which gets over in 30 Seconds, at least here all have equal chance… Regarding gambling, you need to study more about share market to call it gambling…

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@MJ911 please move this to correct section.

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uljuh wrote:

This is just like the SIMCO 43inch TV deal which gets over in 30 Seconds, at least here all have equal chance… Regarding gambling, you need to study more about share market to call it gambling…

For People with no knowledge or experience it is gambling

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uljuh wrote:

I have a demat account linked to my bank account. So submission is always ASBA where the amount is liened till the allotment is not over.

Actually the thing is I have been applying good IPOs from multiple demat accounts. Since 5 applications per bank account is allowed, I used to apply from 2 – 3 bank accounts in 12-15 demat. However, lately I have been hearing applications might get rejected if you apply from a non-linked bank account. There’s no clarity yet on this. Confusion everywhere.

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tikkuagrawal17747 wrote:

This is not the lottery and gambling place

If you are not aware of "lottery"in context of share allotment, it is process under which shares are alloted randomly to applicants

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BubbleBoyChickenLittle wrote:

Actually the thing is I have been applying good IPOs from multiple demat accounts. Since 5 applications per bank account is allowed, I used to apply from 2 – 3 bank accounts in 12-15 demat. However, lately I have been hearing applications might get rejected if you apply from a non-linked bank account. There’s no clarity yet on this. Confusion everywhere.

I have three demat account linked to three different bank account, still no allotment from few days..I feel it is all luck..

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TaraRising wrote:

@MJ911 please move this to correct section.

@MJ911 what’s wrong in this.. it’s like many deals you post here… And you internally know that it is a good issue… As some said to move in discussion section, it is moved immediately to discussion section…Really a disappointing response from dd

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Kaise apply kar na hai bhai

First time invester

Please guide


@drdorahul

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uljuh wrote:

This is better than the SIMCO 43inch TV deal which gets over in 30 Seconds, at least here all have equal chance… Regarding gambling, you need to study more about share market to call it gambling…

Because I don’t believe in paper asset, like cash, FD, RD, mutual fund, security,bond, share, any type of paper asset.

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rogerthat wrote:

Kaise apply kar na hai bhai

First time invester

Please guide


@drdorahul

Learn from real investors because 99% people are trader not investor,and they don’t know about even investment meaning.

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BubbleBoyChickenLittle wrote:

Actually the thing is I have been applying good IPOs from multiple demat accounts. Since 5 applications per bank account is allowed, I used to apply from 2 – 3 bank accounts in 12-15 demat. However, lately I have been hearing applications might get rejected if you apply from a non-linked bank account. There’s no clarity yet on this. Confusion everywhere.

All demat accounts of different persons?

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uljuh wrote:

I have three demat account linked to three different bank account, still no allotment from few days..I feel it is all luck..

3 accounts of same or different persons?

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4V35H wrote:

3 accounts of same or different persons?

What I will do with three demat for the same person… I mean demat account of all family members which are different..m

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Is this ipo worth applying, expecting listing gains ?

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BubbleBoyChickenLittle wrote:

Mandatory to submit application via linked bank account through ASBA ? Or application can be done from non linked bank account? Please guide.

I applied for 1 lot each through linked account and non linked bank account..
Let’s see.

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uljuh wrote:

I have three demat account linked to three different bank account, still no allotment from few days..I feel it is all luck..

Yes, Karvy was penalized for wrong doing. But a common investor had to look upto allotment based on software picking.

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B4TM4N wrote:

I applied for 1 lot each through linked account and non linked bank account..
Let’s see.

plus1 plus1  HNIs rocked
Look at the subs figures fire fire



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BubbleBoyChickenLittle wrote:

Actually the thing is I have been applying good IPOs from multiple demat accounts. Since 5 applications per bank account is allowed, I used to apply from 2 – 3 bank accounts in 12-15 demat. However, lately I have been hearing applications might get rejected if you apply from a non-linked bank account. There’s no clarity yet on this. Confusion everywhere.

No. It won’t get rejected. My friend got HDFC AMC last year. He applied using union bank. But dmat linked account at that time was bank of India

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Anyone got??

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bikidas2060 wrote:

Anyone got??

Only basis of allotment is out, not the actual allotment..

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bikidas2060 wrote:

No. It won’t get rejected. My friend got HDFC AMC last year. He applied using union bank. But dmat linked account at that time was bank of India

Bhai, a lot has changed after hdfc amc. I had also applied from lot of accounts that time using non-linked bank account.
And even if this thing isn’t live rn, I’m pretty sure it’ll be applicable in near future.

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bikidas2060 wrote:

Anyone got??

It’s not out yet. Ipo timeline for allotment is t+4. T being the Last Date of IPO. So it’ll be out by tomorrow eod.

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BubbleBoyChickenLittle wrote:

Bhai, a lot has changed after hdfc amc. I had also applied from lot of accounts that time using non-linked bank account.
And even if this thing isn’t live rn, I’m pretty sure it’ll be applicable in near future.

True bhai

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