How To Apply For Salasar Techno Engineering IPO (Apply For STEL IPO):
As Salasar Techno Engineering Ltd (STEL) IPO bidding will start from July 12, 2017, we are getting lot of queries on how to apply for Salasar Techno Engineering IPO. So we thought to help people who are new in this IPO world to make it easy for them to apply for Salasar Techno Engineering IPO.
As per latest change from SEBI now retail investors can apply through Applications Supported by Blocked Amount (ASBA) only.
ASBA is a supplementary process for applying in public issues. ASBA facility can be used for Initial and Follow-on Public Offers (IPO and FPO), Rights Issues, and Debt Issues. Under ASBA, funds will continue to earn interest during the application processing period, if held in an interest bearing account.
Bank will mark a lien on the deposit account of the investor to the extent of the application money. The lien will be removed immediately after finalization of the basis of allotment. If bid is successful, the deposit account will be debited and the alloted shares will be transferred to the applicant’s Demat account.
So We have listed some of the bank which have major chunk of accounts as below which can guide you on how to apply ASBA in online mode and offline mode and with its help you can very well find out the answer on How To Apply For Salasar Techno Engineering IPO:
For Banks which are not listed above and you have account in just try to find Dmat & ASBA options in your online bank account and rest you can use any of the guide above on applying for any of the IPO.
Salasar Techno Engineering Ltd (STEL) IPO bidding will be active from July 12, 2017. The price fixed for the IPO is Rs. 108 Per Equity Share.
Current Grey Market Premium (GMP) Of Salasar Techno Engineering Ltd (STEL) IPO is not active as of now.
For More information about Salasar Techno Engineering Ltd (STEL) IPO Pricing, size and other updates you can visit the below link:
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While Au Financiers IPO Grey Market Premium (AUFIL GMP) also started trading at Rs 104 – Rs 106 per equity.
Now Salasar Techno Engineering Ltd IPO (STEL IPO) bidding is going to be active from July 12, 2017. Current Grey Market Premium (GMP) Of Salasar Techno Engineering Ltd (STEL) IPO is not active as of now.
Some SME IPO will also be active in market in coming week.
Keep watching this blog to keep yourself updated with all the news.
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