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Diwali Muhurat Trading [Everything you wanted to know: 2023 Edition]

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Diwali Muhurat Trading

Introduction

Hello there. You may have chanced upon this article in case you may have wanted to know about the special trading day called “Diwali Muhurat Trading” day, and/or had one of the following doubts viz.

  • What is Muhurat Trading?
  • What is the origin story for this special day of trading, which is not seen in any other country’s stock exchanges
  • What date/time can I carry out Muhurat trading this year.

This article hopefully will answer your question. So, let’s begin…

What is Diwali Muhurat Trading?

Diwali Muhurat Trading is a special day during the festival of Diwali, when the Indian stock exchanges (viz. the NSE, and the BSE) have a special one (01) hour symbolic trading session, in the evening (during the non-working hours).

On this day, it is generally considered auspicious to buy stocks, as a tribute to the Hindu Goddess Lakshmi.

What date is Diwali Muhurat Trading this year?

This year, the trading session will be on 12th November 2023 (TBC).

  • Start of Muhurat trading Session: TBC
  • End of Muhurat trading session: TBC

However, do note that there is no trading during the usual 0915-1530 hours on the day of the Muhurat trading.

History of the practice

There is no documented history of the origin of the Muhurat Trading. But, the speculation is that this may have started eons ago, when the traders, and brokers (who were mainly Marwari, and Gujarati) would make symbolic purchases of the companies they wished to hold for a long time. Also, word-of-mouth accounts indicate that Diwali was considered auspicious to start new trading accounts for prospective clients as well. Hence, this could also be the origin story. However, no documented records indicate the actual story.

Conclusion:

Hopefully, this article answers any of the questions that you (the reader) may have had about this unique practice of Muhurat trading. If interested, feel free to check out the other wiki articles, or how-to guides on our website.

Thank you, and all the best in your investment journey!

Links/Sources:

Stock Market Holiday List [2023 India Edition]

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Introduction

With the announcements dated 08th December 2022, stock market holidays list for 2023 have been announced by both the BSE, as well as the NSE. The list includes the trading holidays, for now. The settlement holidays list will be shared by the exchanges at a later date. The list also includes the public holidays that fall on Saturdays and Sundays. However, these have not been included in the below list, since all weekend days (Saturdays, and Sundays) are, in any case, shut for trading.

How many days will the Stock Exchanges be closed in 2023?

There are a total of 15 (fifteen) trading holidays in 2023, when the stock exchanges will be shut for equity markets trading.

List of Stock Market Holidays for 2023

Sr. NoDateHoliday Name
01January 26, 2023 (Thursday)Republic Day
02March 07, 2023 (Tuesday)Holi
03March 30, 2023 (Thursday)Ram Navami
04April 04, 2023 (Tuesday)Mahavir Jayanti
05April 07, 2023 (Friday)Good Friday
06April 14, 2023 (Friday)Dr. Babasaheb Ambedkar Jayanti
07May 01, 2023 (Monday)Maharashtra Day
08June 28, 2023 (Wednesday)Bakri Id
09August 15, 2023 (Tuesday)Independence Day
10September 19, 2023 (Tuesday)Ganesh Chaturthi
11October 02, 2023 (Monday)Mahatma Gandhi Jayanti
12October 24, 2023 (Tuesday)Dussehra
13November 14, 2023 (Tuesday)Diwali- Balipratipada
14November 27, 2023 (Monday)Gurunanak Jayanti
15December 25, 2023 (Monday)Christmas

Trading Holidays in

January 2023

  • Republic Day on January 26, 2023 (Thursday)

February 2023

  • No trading holidays in February 2023

March 2023

  • Holi on March 07, 2023 (Tuesday)
  • Ram Navami on March 30, 2023 (Thursday)

April 2023

  • Mahavir Jayanti on April 04, 2023 (Tuesday)
  • Good Friday on April 07, 2023 (Friday)
  • Dr. Babasaheb Ambedkar Jayanti on April 14, 2023 (Friday)

May 2023

  • Maharashtra Day on May 01, 2023 (Monday)

June 2023

  • Bakri Id on June 28, 2023 (Wednesday)

July 2023

  • No trading holidays in July 2023

August 2023

  • Independence Day on August 15, 2023 (Tuesday)

September 2023

  • Ganesh Chaturthi on September 19, 2023 (Tuesday)

October 2023

  • Mahatma Gandhi Jayanti on October 02, 2023 (Monday)
  • Dussehra on October 24, 2023 (Tuesday)

November 2023

  • Diwali- Balipratipada on November 14, 2023 (Tuesday)
  • Gurunanak Jayanti on November 27, 2023 (Monday)

December 2023

  • Christmas on December 25, 2023 (Monday)

Muhurat Trading Day 2022

In 2023, Muhurat trading for Samvat 2080 will be held on November 12, 2023 (Sunday). For further updates, refer to this detailed article on Muhurat Trading.

References

Sovereign Gold Bond (SGB) August 2022 [2022-23 Series II]

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SGB August 2022 | Sovereign Gold Bonds | 2022-23 Series 02 | 2022-23 Series II | SGB222302

Introduction

Via a press release dated 19th August 2022, the Government of India has announced the details of the second tranche of the Sovereign Gold Bonds for the Financial Year 2022-23 i.e. the issue dates and issue price details for the August 2022 tranche for the Financial Year 2022-23.

SGB (Sovereign Gold Bonds) August 2022 Dates

What dates will the Sovereign Gold Bonds be available for application in August 2022?

The Sovereign Gold Bond Scheme 2022-23 – Series 02 (2022 August SGB series) will be open for subscription from August 22, 2022 (Monday) to August 26, 2022 (Friday). The details information on the Issue Details are as follows:

Issue Details of SGB August 2022 i.e. 2022-23 Series II Tranche

Issue NameSovereign Gold Bonds Scheme 2022-23 – Series 2 (Series II)
Security SymbolSGB222302
ISININxxxxxxxx
Issue PeriodAugust 22, 2022 to August 26, 2022
Issue Price (per gram of gold)Online Mode: ₹ 5,147 per gram | Offline Mode: ₹ 5,197 per gram
Minimum Quantity (in grams)1 gram
Maximum Quantity (in grams)For Individuals and HUF: 4000g (4kg).
For Trusts, and similar entities: 20,000g (20kg)
Bid Quantity MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe Government of India has indicated that an interest of 2.50% per annum on the amount of initial investment will be paid to investor. The interest accrual shall commence from the date of issue, and is paid out every 6 months. 
Date of AllotmentAugust 30, 2022 (Friday)
Date of ListingTBC

Conclusion

Hopefully, this article helps you with all the details needed to make your investment decision.

Additionally, feel free to check out the 2022 SGB (Sovereign Gold Bonds) Calendar for the details of the other tranches already issued, or planned for 2022.

All the best in your investment journey!

Sources

Sovereign Gold Bond (SGB) June 2022 [2022-23 Series I]

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SGB March 2022 | Sovereign Gold Bonds | 2022-23 Series 01 | SGB222301

Introduction to SGB June 2022 Tranche Details

Finally, after a long period, the Sovereign Gold Bonds are back. Via a press release dated 16th June 2022, the Government of India has announced the commencement dates for the SGB dates for the Financial Year 2022-23.

SGB (Sovereign Gold Bonds) June 2022 Dates

What dates will the Sovereign Gold Bonds be available for application in June 2022?

The Sovereign Gold Bond Scheme 2022-23 – Series 01 (2022 June SGB series) will be open for subscription from June 20, 2022 (Monday) to June 24, 2022 (Friday). The details information on the Issue Details are as follows:

Issue Details of SGB March 2022 2022-23 Series I Tranche

Issue NameSovereign Gold Bonds Scheme 2022-23 – Series 1 (Series I)
Security SymbolSGB222301
ISININxxxxxxxx
Issue PeriodJune 20, 2022 to June 24, 2022
Issue Price (per gram of gold)Online Mode: ₹ 5,041 per gram | Offline Mode: ₹ 5,091 per gram
Minimum Quantity (in grams)1 gram
Maximum Quantity (in grams)For Individuals and HUF: 4000g (4kg).
For Trusts, and similar entities: 20,000g (20kg)
Bid Quantity MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe Government of India has indicated that an interest of 2.50% per annum on the amount of initial investment will be paid to investor. The interest accrual shall commence from the date of issue, and is paid out every 6 months. 
Date of AllotmentJune 28, 2022 (Friday)
Date of ListingTBC

Conclusion:

Hopefully, this article helps you with all the details needed to make your investment decision.

Additionally, feel free to check out the 2022 SGB (Sovereign Gold Bonds) Calendar for the details of the other tranches already issued, or planned for 2022.

All the best in your investment journey!

Sources:

How to get Zerodha CMR (Client Master Report) Copy online? [Step-by-step Guide: 2022 edition]

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Step-by-Step Guide. How to download Zerodha CMR copy online?

Introduction

Welcome to this post, in case you have probably been asked by a stakeholder for the CMR (Client Master Report) copy from your stock broker i.e. Zerodha. In all probability, you must be have been requested for the Client Master Report Copy ( or abbreviated to CMR) for some off-market transactions. With Zerodha, the process to get the CMR copy is seamless, and easy.

What is Client Master Report (CMR)?

First off, you might have the question. What exactly is the CMR (Client Master Report) copy?

CMR stands for Client Master Report. The CMR copy is a digitally signed PDF copy, that is issued by the broker, with whom you have a demat account; and is sort of a digital snapshot of all the details of your demat account, along with your bank account details.

Mind you, the CMR copy will NOT have the list of securities/equity shares (name, ISIN, quantity) that you own. For that, you will have to refer the Statement of Holdings report that the depositories (viz. CDSL, or NSDL) emails you on a periodic basis.

Can you get the Zerodha CMR copy online?

Yes. You can easily get the CMR copy online through the Zerodha console. It will take about 15 minutes of your time, and the you can follow the step-by-step guide to download the Zerodha CMR copy online.

Step-by-Step Guide to get a CMR copy from Zerodha

Time needed: 15 minutes

How to get the Client Master Report (CMR) copy online?

  1. Go to “Documents” module of Zerodha Console, and login, if not already logged in

    Visit the following link: https://console.zerodha.com/account/documents, and login, if not already logged in.

  2. Select “Zerodha CMR Copy” from the dropdown of desired documents, and click “E-mail to Me”

    Select the option “Zerodha CMR Copy” from the drop-down option, and click “E-mail to me”. You should then see the following on-screen message: “Zerodha CMR copy has been sent to your registered e-mail”.

  3. The link to download the CMR copy will be sent to your registered email

    You should then receive an email with the link to download the CMR copy. You can use the link to download the document. Mind you, the link is usually valid for 6 hours only, and if not downloaded, the link will expire, and you will have to request for the CMR copy again through an another request, repeating the same process.

  4. Done!

    That is it. You now have a soft copy of the Client Master Report (CMR) that can be shared with any party that would request for the same.

What to do if broker insists on physical CMR copy?

There are still instances, where the broker or any other intermediary may insist on physical copies of the Client Master Report (CMR). Personally, I have also encountered the same.

For this, Zerodha indicates that the digitally signed CMR copy should be sufficient for any transactions. So this digitally signed CMR copy from Zerodha should be sufficient for all purposes.

QUOTE

Digitally signed CMR is as good as physical CMR if your depository participant insists on the CMR for transferring of securities (both off-market or online transfer) or shifting/closing of a demat account. See NSDL regulation (Circular No.: NSDL/POLICY/2021/0075 Dated: July 19, 2021) and CDSL regulation (Circular: CDSL/OPS/DP/POLCY/2021/311 Dated: July 16, 2021 ).

UNQUOTE

Conclusion

So, that is it. You now have the soft copy of the Zerodha Client Master Report (CMR) copy. All the best in your investing journey!

How to apply for IPO through Zerodha [2022 Edition]

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[Step-by-step Guide]: How to apply for IPO online through Zerodha

Introduction

So, you must have arrived at this article wanting to know the complete process to apply for your desired Initial Public Offering (IPO) through Zerodha. Hopefully, this article will guide you through the process, and ensure that you apply for the IPO correctly, and ensure that your application is not rejected, owing to points that can be avoided.

Can you apply for IPO online through Zerodha?

YES. You can apply for IPO online through Zerodha. You will find the detailed step-by-step guide below. The application process will take about 15 minutes of your time, followed by the time-delay to receive the UPI mandate, which needs to be accepted within the time frame.

However, please note, and check the pre-requisites before starting the IPO application process.

Checks before you apply

Check the below, before starting with the IPO application process:

  • You have a demat account with Zerodha, along with the login credentials ready at-hand.
  • You have a UPI 2.0 enabled app setup. The list of UPI 2.0 enabled apps can be found at this link.

Step-by-step Guide: How to apply for IPO through Zerodha

Time needed: 15 minutes

  1. Visit the IPO module in Zerodha console, and login.

    Visit the IPO section, Portfolio module of your Zerodha Console. [link], and login with your Zerodha credentials, if not already logged in.

  2. Select your desired IPO Issue you wish to apply for.

    Under the list of “Ongoing IPOs”, click “Apply” on the IPO you wish to bid for.

  3. Enter the requested details, and click “Submit”

    In the pop-up that opens up, enter all the requested details, viz.
    – Your UPI ID
    – Investor Type i.e. choose from Individual Investor, Employee quota, OR Policy Holder quota
    – Quantity
    – Price
    Next click the check box to accept the terms and conditions, and click “Submit”.
    You will receive a confirmation on screen of the order successfully placed.

  4. Accept the UPI Mandate Request on your UPI 2.0 enabled app

    Finally you will receive UPI Mandate Request on your UPI app of choice (BHIM, Google Pay etc.). Once the mandate is accepted, the application process is now complete.

  5. Done!

    With the acceptance of the UPI mandate, the application process is complete. Meanwhile, you would also receive an email from the exchange with the details of the IPO application order number details.

Conclusion

The online IPO application process for Zerodha is now complete. All you have to do now is wait for the allotment date.

On the date of the allotment, there are two possibilities:

  1. You receive the IPO allotment: In this scenario, the mandate would be executed i.e. the blocked amount would be deducted, and the appropriate number of shares would be credited to your demat account. These shares can be traded/sold with effect from the date of the listing.
  2. You do not receive the IPO allotment: In this scenario, the mandate would be cancelled i.e. the blocked amount would be released, and no other action would be undertaken. Of course, in this scenario, you would also NOT receive the shares.

So, that is it. You have now successfully completed the online IPO application process for Zerodha. All the best in your investing journey!

LIC IPO FAQs Answered

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Life Insurance Corporation (LIC) IPO FAQs answered

Introduction

So, the big day arrives. The Life Insurance Corporation (LIC) is arriving at the bourses, and the LIC IPO opens today.

So here’s everything you need to know about the Initial Public Offering (IPO) of the Life Insurance Corporation (LIC).

FAQs of LIC IPO answered

When can you apply for the LIC IPO?

You can apply for the IPO of Life Insurance Corporation from Wednesday, 05th May 2022, until Monday, 09th May 2022 (both dates inclusive). However, we suggest that in case you wish to apply for the IPO, you apply before noon on 09th May 2022, even though the cut-off timings on the last day is around 3:30pm. However, we do note that the brokers do face glitches, issues after 2pm. So, place in your IPO applications in time before the cut-off timings on the last day.

When is the allotment of LIC finalised, and when can I check my allotment status?

The finalisation will be done by Thursday, 12th May 2022, and the allotment status can be checked on kfintech’s portal starting 12th May 2022

What is the price band for the IPO?

The price band for Qualified Institutional Buyers (QIB), and Non-Institutional Investors(NII) is ₹ 902/- to ₹ 949/- per share.

What is the price band for retail investors when applying for LIC IPO?

The retail investors get a discount of ₹ 45/- per share. So, the effective price band for Retail Individual Investors(RII) is ₹ 857/- to ₹ 904/- per share.

What is the price band for employees of Life Insurance Corporation?

Like the retail investors, the employees of Life Insurance Corporation also get a discount of ₹ 45/- per share. So, the effective price band in the Employee quota is ₹ 857/- to ₹ 904/- per share

What is the price band for policy holders of Life Insurance Corporation?

The discount for the policy holder quota, while applying for the LIC IPO is ₹ 60/- per share. So the effective price band for the Policy Holder quota is ₹ 842/- to ₹ 889/- per share.
Please note that ONLY the existing policy holders of Life Insurance Corporation, who have linked their LIC policy to their PAN card on or before February 28, 2022 are eligible to apply for the IPO through the policy holder’s quota.

When will the shares of LIC be credited to my demat account?

The shares of LIC (if you receive the IPO allotment) will be credited to your linked demat account around Monday, 16th May 2022. However, there are instances where the allotment is delayed, and the shares are credited only in the morning the next day. So, be guided accordingly.

When is the LIC listing date?

The shares of the Life Insurance Corporation (LIC) will start trading on Tuesday, 17th May 2022. You can start buying and selling LIC shares starting this date.

Can an eligible LIC policy holder apply through the policy holder quota, as well as the retail quota?

YES. Eligible LIC policy holders can apply for the IPO, through both the quotas, viz. the policy holder quota, as well as the retail quota, as per the respective limits.

Can an eligible LIC policy holder apply through the policy holder quota, as well as the NII quota?

YES. Eligible LIC policy holders can apply for the IPO, through both the quotas, viz. the policy holder quota, as well as the NII quota.

Can an eligible LIC policy holder-cum-employees apply through the employee quota, policy holder quota, as well as the retail quota?

YES. LIC employees, who are also eligible LIC policy holders can apply for the IPO, through all three quotas, viz. the employee quota, policy holder quota, as well as the NII/Retail quota, as per the respective quota limits.

Conclusion

Hopefully, this article has answered the majority of the questions you may have had about the Frequently Asked Questions (FAQs) about the Life Insurance Corporation IPO. We will continue to update the article, as and when new updates come through. All the best in your investing journey.

[Step-by-Step Guide]: How to apply for Equity Shares buyback through Zerodha

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How to tender shares for buyback through Zerodha and how to apply for shares buyback through Zerodha

Introduction

Welcome to this article on how to apply for buyback OR tender buyback shares through Zerodha. Buyback, as you might know is one of the methods a company (listed/unlisted) uses to return excess cash reserves back to the shareholder.

Can you apply for equity shares buyback /tender equity shares through Zerodha?

Yes. You can apply for equity shares back / tender equity shares through Zerodha through this simple 3 (three) step process. This process will take a maximum of 15 minutes of your time. Please note that the buyback process through Zerodha will work ONLY in the offer window period. No applications will be accepted before/after the offer window period.

Step-by-Step Guide for tendering shares in buyback process through Zerodha

Time needed: 15 minutes

  1. Visit the Corporate Actions Section of Zerodha Console

    ◦ Visit the following link https://console.zerodha.com/portfolio/corporate-action-order-window.
    ◦ Login with your credentials, if requested for.

  2. Choose the company you wish to tender shares/ apply for buyback

    ◦ Mouse over the company name, whose shares you wish to tender for buyback.
    ◦ Click on the contextual menu that comes up (a blue bar with three white dots in it), and click “Place Order”.

  3. Enter the desired number of eligible shares you wish to tender for buyback

    ◦ In the next pop-up that comes up, enter the number of shares you wish to tender for buyback, and click “Submit”

  4. Done!

    ◦ You will see an “Order Received” message next to the company name.
    ◦ That is it. The buyback application/tendering process is now complete.

Conclusion

That is it. The tendering/buyback application process is now complete from your end. All you now need to do is to wait until the company (carrying out the buyback) completes the buyback process. Post the same, the investor will be informed of how many shares have been bought back by the company. Post the same, the unaccepted shares will be returned to the demat account of the investor, and the amount (for the accepted buyback shares) will be credited to the bank account mapped with Zerodha for the Equity trading account of Zerodha.

If you like this article, you might like out the other how-to guides on this website.

All the best in your investment journey! Best wishes to you!

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[Step-by-step Guide]: How to apply for IPO through HDFC Bank Netbanking

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Step-by-Step Guide on how to apply for IPO through HDFC Bank Netbanking

Introduction

Welcome to this webnotes.in post on how to apply for the latest IPO (Initial Public Offering) through HDFC Bank Netbanking. You might be wanting to apply for the latest red-hot 🔥 IPO that has astronomical GMP (Grey Market Premiums), and your broker/friend/relatives have guaranteed you that you will surely get a listing gain, if you get allotment. However, please note that the applications to IPOs have their risks, which you should research before applying.

Can you apply for IPO through HDFC Netbanking?

The answer is YES. You can apply for IPO through HDFC Bank Netbanking through their Netbanking portal. This process should broadly have six (6) steps, and should take a maximum of 30 minutes ⏳. This process employs the ASBA (Application Supported by Blocked Amounts) method. This ensures that the retails investor’s funds leave his bank account only upon allocation of shares in public issues. The ASBA process also ensures that only the requisite amount of funds is debited to the investor’s bank account on allotment of shares. In this mechanism, the need for refunds is completely eliminated. The entire process is listed below. However, please, please go through the below steps to avoid getting errors, especially a notorious xxxxxx error, which stops the application process in its tracks, and does not allow you to complete the application.

Pre-requisites before you start

Before we start with the application process, please ensure that the following steps/checks:

  • ⚠️ This is important! 🚨 You have allowed the pop-ups for HDFC Bank and HDFC Securities. You can find the processes online for your respective browser, but here we will list process steps to allow pop-ups for HDFC Bank and HDFC Securities in Google Chrome.
    1. Click the More More at the top right of the Chrome browser.
    2. Click Settings.
    3. At the bottom, click Advanced.
    4. Under “Privacy and security,” click Content settings.
    5. Click Popups.
    6. Under “Allowed“, click “Add“. Turn Allowed on or off.  Type https://[*.]hdfcsec.com and https://[*.]hdfcbank.com. This is will ensure that the pop-ups are allowed for HDFC Bank.
  • 📝 The applicant has a bank account with HDFC Bank
  • 📝 The applicant has a demat account (not necessarily with HDFC Securities. You may apply through this method, even if you have a demat account with any of the discount brokers like Zerodha, Upstox, Groww etc.)

Step-by-Step Guide on applying for IPO through HDFC Bank Netbanking

Time needed: 30 minutes

  1. Login to your HDFC Netbanking Account

    • Go to the HDFC Bank Netbanking URL https://netbanking.hdfcbank.com/netbanking/, and login with your Customer ID, and Password

  2. Under Request, go to the IPO Application section

    • Next, under the Request section on the left hand bar, click to expand
    • Here, click on the IPO Application option.
    • You will get a warning message that you are being redirected to an external site (hdfcsec.com). Here, click Continue.
    • The next screen will be an overview of all the IPOs (Initial Public Offerings) presently in the application window, and these issues can be applied for.

  3. Scroll, and select the IPO which you wish to apply for

    •Here, scroll to the IPO you wish to apply for. Also, please note the correct type of application. Sometimes, the same IPO will have multiple quotas viz. HNI quota, Retail quota, Shareholders quota, or policyholders quota. So, ensure that you apply in the correct quota, under the desired public issue.

  4. Fill in all the desired/required details for the IPO

    • In the “Place Order” screen, choose the correct option from the dropdown under “Select Investor Status”.
    • Under “Bid Details”, enter the desired number of shares under “Shares Bid for”. Do ensure that number of shares are in multiples of the declared lot size. Next to it, under “Price per share Rs. “,enter the desired unit share price you wish to apply for. A good tip is to check the “Cut-off Price” checkbox. This is eliminate any issues with the incorrect share price being entered.
    • Next enter your PAN (Permanent Account Number) details, along with the date of birth details.
    • Under “Depository Details”, choose from NSDL, or CDSL, as the case may be with your demat account details.
    • Under “DP Name”, enter your broker name viz. Zerodha, Upstox, Groww etc.
    • If your demat account is with NSDL, i.e. if your demat account number starts with “IN”, then split your 16 character demat account number into two blocks of 8 characters. Enter the first block of 8 characters starting with “IN” under DP ID, and the rest of the 8 characters (all digits) under “Beneficiary A/C no”.
    • If your demat account is with CDSL i.e. your demat account number is a 16 digit number. If you select the Depository Details as CDSL, then the DP ID would be greyed out. You would need to update the entire 16 digit account number in Beneficiary Account Number field itself.
    • Click “Proceed”.

  5. Confirm on the request for the Online Fund Hold

    • The next popup will be the confirmation screen. Click “Confirm” to proceed.
    • 🚨 In case the pop-ups are not activated, you will NOT get this screen. So, please go back, activate the pop-ups and perform the entire process once again.
    • Next, click “I agree” on the disclaimer.
    • Click “Submit” on the “Online Fund Hold” option to block the amount.

  6. Done!

    • The final screen indicates that your IPO bid has been successfully.

Conclusion

That is it. The entire process to apply for the IPO through HDFC Bank Netbanking has been completed. All you need to do now is to wait until the allotment process has been completed, and you receive the update on whether or not you have received the allotment.

All the best in your investment journey! Best wishes to you!