I have capital to apply 6 lots and I have total 4 diffrent demate accounts 2 demate account with share of tata motor and 2 without How should I apply exactly should I apply 1 lot in each 4 as retail and 1 lot in each of the 2 account as share holder or should I apply 3 in each demate with shareholder?
Where do we see option under HNI using Zerodha?
Hi, how to use HNI (S) category. There are only 3 options available. Please suggest
There is no specific selection to apply for an IPO in the HNI category. Any bid greater than ₹2 lacs is automatically considered HNI in Individual investor category which is divided into retail/HNI small and HNI based on the bid amount
My head was spinning a bit thinking about all the scenarios.
On a serious note, In a big IPO like this with massive public interest, getting an allotment is equivalent to the lottery. One who applies for multiple lots may get zero allotment like it used to happen with me in the past and someone who applied for only 1 lot may also get allotment but probability favors the first one.
If I were in your place, I would have kept it simple and would have applied for 3 lots in 2 accounts in the retail and shareholder category. But, if you are not lazy like me, you can also try the first option that you mentioned.
But, probability is more or less the same in both cases with a slightly better chance in accounts where you have applied in both categories. (2 accounts as you mentioned)
If you are still unable to decide, Toss the coin and go for it. Cheers
How employee CATEROGRY WORKS while applying IPO .how they will verify im an employee or not. It is not asking any proofi when i try to apply ipo through employee option.
My friend is working in tata motors. Can i apply ippo through his employee id or name. Kindly help
It’s for TATA Tech employees.
The RTA will have the details and will reject any ineligible applications during the allotment.
Employee reservation is only for those working at Tata Technologies.
I have some shares of Tata Motors in my HUF accounts. How to apply for Tata Technologies IPO?
I tried pre-applying under the category : Existing Shareholder but Kite App says that HUF is not eligible in this category. Whereas, the intimation received from the company states that even HUF is eligible.
But still this is the error, I get in Kite
Hi @Ashwin_Gupta, checking this. Will get back to you on this.
Shareholder category is based upon PAN or account? I am holding Tata Motors share in zerodha so for applying under Shareholder category should I apply for IPO from Zerodha account only or is it fine to apply under Shareholder category from ICICI account?