QUOTE(choontian @ May 14 2012, 09:16 PM)
wan to ask something about applying for ipo?
if we use atm machines to apply, do we need place the moneys in saving account or transfer it to cds account?
if wan to sell on the first day, will it be shown in our portfolio before selling?
If you applied thru ATM, your account must have the funds ready and there is a special screen for applying IPO at ATM and you need to act accordingly on the machine. It will directly transfer to the Issuing House a/c (either MIH or MIDF) and all the CDS and other relevant details must be keyed in accordingly.if we use atm machines to apply, do we need place the moneys in saving account or transfer it to cds account?
if wan to sell on the first day, will it be shown in our portfolio before selling?
usually the shares will be credited to your CDS a/c by 5pm on the eve of the listing date, so it would be advisable to check whether the shares have been credited to your account first thing in the morning on listing date before you sell. If you cannot see on your portfolio u can always check with your broking house CDS Dept.
May 15 2012, 07:05 AM

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