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For the Newcomers, following strategy had commonly used in IPOs during 1997 period and still possible.
1. collect IDs and Address proof from your friends as much as you can (Those days one of my friends had over hundreds different CDs account)(If you are smart enough you can make 100 girls for sake of open CDs account)
2. Open joint saving account with him only to deposit 100 Rs and able to operate either person.
3. Apply only 100 shares for IPOs (depend on the demand of IPO)
4. Disposed in 1st trading day , when you received cheque deposit in particular joint account.
5. Get your cash after realizing the cheque and do not forget to buy chocolates for other joint account holder.
6. after that get ready for next IPO and send some post here.
1. collect IDs and Address proof from your friends as much as you can (Those days one of my friends had over hundreds different CDs account)(If you are smart enough you can make 100 girls for sake of open CDs account)
2. Open joint saving account with him only to deposit 100 Rs and able to operate either person.
3. Apply only 100 shares for IPOs (depend on the demand of IPO)
4. Disposed in 1st trading day , when you received cheque deposit in particular joint account.
5. Get your cash after realizing the cheque and do not forget to buy chocolates for other joint account holder.
6. after that get ready for next IPO and send some post here.
Last edited by Quibit on Sat Mar 12, 2011 9:27 am; edited 1 time in total (Reason for editing : Format condensed)
