This article explains the process of how to apply for IPO through ASBA using HDFC Bank.With the Net Banking Option, even the physical form is also not required and an online IPO application can be done without any wet signature and completely online. Securities and Exchange Board of India (SEBI) has […]
How to apply for IPO through ASBA using Kotak Bank?
With the Net Banking Option, even the physical form is also not required and an online IPO application can be done without any wet signature and completely online. Securities and Exchange Board of India (SEBI) has notified a list of banks through which online IPO can be applied which are known as SCSBs […]
How to trade using the Samco App?
Samco-Ace The Index is one of the simplest and quickest apps to trade in the stock and commodity market in India. It provides the user with a seamless and hassle free trading experience. In the app there is no need to place order only after adding the respective script to […]
How to Transfer or Withdraw funds using Samco
Using the Samco App you can transfer and withdraw funds from and to your SAMCO account with the touch of a button.To transfer or withdraw funds, first click on the Accounts Option on the bottom right of the app after logging in the app.Then Click on the “Manage Funds” button […]
How to Check Holdings in Samco App?
The Samco App provides the holding in the app itself along with the average buying price!! Now there is no need to login to your back office for checking the buying rates.To check your holdings, after logging in the app, click on the Accounts Tab on the bottom right corner of […]
What is an Offer for Sale – OFS? How to apply for OFS with SAMCO?
What is an Offer for sale? An Offer for sale is a mode whereby promoters and/or large institutional investors sell their holdings in companies via the stock exchange bidding mechanism. The OFS mechanism enables a market-driven transparent bidding process. How can I apply for shares in OFS? You would need […]
How to square off open positions in SAMCO NEST Trader?
When the initial trade gets executed, it becomes an open position i.e you have got an exposure to a particular scrip and the change in its price shall affect your profit and loss. Squaring off the open positions can be done in a few ways. The easiest and the simplest […]
What are Collateral Holdings or Pledged Holdings?
Whenever shares are bought from the market, the share gets transferred to the Client’s Demat Account which is also known as the Client Beneficiary or Demat Holdings. These are the clear holdings of the clients. There is no encumbrance or any third party’s interest in the shares as the whole […]
What are Broker Beneficiary Holdings?
A client has to open a demat account with a Depository Participant (DP) to hold his shares in the dematerialized form. If the shares are bought by the client from the exchange but the client does not have sufficient balance i.e. Debit balance or lower credit balance than required in […]
What is a bid-ask spread? Checking the Top 5 quotes from the SNAP Quote Dialog Box on SAMCO Trader?
As in any market, in stock exchange there are a lot of buyers and sellers. The Bid Rate is the bidding price at which the buyer is ready to buy a particular share. The ask rate is the asking price at which the seller is ready to sell his shares. Since […]
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