Anyone got IPO allotment from IDFC First ASBA via netbanking?
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Hi,
I have applied for more than 12 IPOs in the last 2 months using IDFC ASBA but I have not received a single allotment yet.
I know it does not matter from where we apply but wanted to understand If I am doing anything wrong while applying the applications and if anyone in past have received a IPO allotment from IDFC ASBA.
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Good IPOs are oversubscribed more than 250 times, so there are significantly fewer chances for allotment.
Apply in all family member names then maybe there is a chance.
Few family members got the allotment,
Got more than 5 times in last 18 months
1. Through IDFC ASBA?
2. Retail Application or HNI Applications?
3. How many IPO did you apply for?
It seems that the issue isn't related to your bank account; rather, it might be connected to your name. I've been experiencing a similar problem myself; no matter how many times I've applied, I never seem to get any IPO. The last IPO I received was SBI Cards. Since then, it's been a cycle of blocking and unblocking for me. I initially used IDFC First, then switched to Axis, and later returned to IDFC because it offers better interest rates.
What do you mean? Like Name mismatch with PAN?
yes, LIC... still in loss.