Attention Investors

UCO Bank is a Depository Participant (DP) of National Securities Depository Limited (NSDL).

DP ID – IN302847

SEBI Registration Number: IN-DP-NSDL-235-2003

Registered Address of Depository Participant:

UCO Bank Depository Services

Ground Floor, 359, UCO Bank Building, D.N. Road, Fort Mumbai – 400 001.

E-mail: mumbai@ucobank.co.in; ucoetrade@ucobank.co.in

Services Offered:

• Opening Demat Accounts
• Dematerialization and Rematerialization
• Transfer of Securities
• Transmission of Securities
• Pledge and Hypothecation
• Client Master Maintenance
• Demat Account Closure
• Corporate Action Execution

• Details of Support	Contact Person	Address	Contact No.	Email Id	Working hours
  Customer Care	Vishal Dhote	UCO Bank D N Road Mumbai	022-40180113	mumbai@ucobank.co.in	10am to 4pm
  Head of Customer Care	G  Mahendar	UCO Bank D N Road Mumbai	022-40180201	mumbai@ucobank.co.in	10am to 4pm
  Compliance Officer	Anoop M.S.	UCO Bank D N Road Mumbai	022-40180117	mumbai@ucobank.co.in	10am to 4pm
  Compliance Officer Head Office	Ravi Shankar Narayan	10, BTM SARANI Kolkata	-	hocompliance.calcutta.co.in	10am to 4pm

Data of Investor Grievance for the Period from Jan 2024 to June 2024

• From	Received	Resolved
  Investors	4	4
  SCORES /ODR Portal	1	1
  NSDL	3	3

Filing compliant on SCORES – Easy & Quick

• Register on SCORES portal
• Mandatory details for fflng complaints on SCORES
  • Name, PAN, Address, Mobile Number, E-mail ID
• Benefits:
  • Effective Communication
  • Speedy redressal of the grievances
  • SMART ODR Portal Link https://smartodr.in/loginl

SMART ODR Portal Link

NSDL Demat 6 KYC Attributes
NSDL e-Services
e-Voting
SMS Alert Facility
NSDL Circulars
KYC Inquiry for Clients

• For Addition/Modification of Demat A/C KYC details contact DP Mumbai Office or any UCO Bank Branch.

UCO Bank in association with Aditya Birla Money Limited (ABML) brings forward a fast, easy, transparent and hassle-free way for investing and trading in shares in secondary capital market through National Stock Exchange and Bombay Stock Exchange. Investment in shares traded on the NSE and BSE can be made without visiting your share-broker. Now from anywhere through internet and laptop / personal computer - you can trade in the stock market. Moreover, you will also have access to world class research reports, comparative analytical reports and many more, absolutely free on trading and investment from Aditya Birla Money Limited.

Link for Trading Account Opening with Aditya Birla Money Limited for UCO Saving and Demat Customers

We will assist you to:

• Open your Savings / Current Account with any of our CBS branches
• Open Demat Account through any of our designated CBS branches.
• For opening Share trading Account contact our any of the designated branches given below.
• Open Trading account with Aditya Birla Money Limited.
• Representative from Aditya Birla Money Limited will contact you for account opening support.
• All these agreements are as per the prescribed guidelines of SEBI.
• For any further enquiry / details regarding DEMAT and ONLINE SHARE TRADING please contact our Designated UCO Bank Branches.

By clicking the mentioned website links, you can have access to third party website over which Bank is not having any control. UCO Bank does not vouch or guarantee or take any responsibility for any of the contents of the said website including any transactions, products, services or other items offered through the said website. By proceeding further to access the said website it is presumed that you have agreed to the above and also to other terms and conditions as applicable".

Online Closure of Demat Account

 

"Frequently Asked Questions On IPO"

What is an IPO?

An Initial Public Offering (IPO) is when a company issues common stock or shares to the public for the first time. It is the process where a privately held company becomes a publicly traded company with the initial sale of its stock. An IPO is a tool that companies use to secure capital through investments for future use. In most instances, this investment is used to expand or improve the business.

What are the requirements to invest in an IPO?

You need a demat account linked to your bank account to apply for an IPO. However, if you plan to sell the shares after listing, you must also have a trading account. As far as the eligibility criteria are concerned, all individual investors with a PAN Card issued by the Income Tax Department of India can invest in an IPO.

How to apply for IPO:

A customer can apply for the IPO of his choice through various modes:

• Through any UCO Bank branch: Customer has to submit the IPO Application form at his base branch (IPO Application can be downloaded from the link provided above, and submitted at UCO Bank Branch). The Branch will enter the details in IPOBID command at CBS FINACLE system. Once done, entered successfully the account will be blocked and his application will be submitted.
• Through UCO M-Banking and E-Banking: Accessing the Apply for IPO ASBA link provided and entering the details.

Can an investor revise or withdraw the bids after applying in the issue?

Yes, the investor can revise or withdraw the bids after application. It can be done only once the order is “Executed”. The investor can go to the IPO Order Book and then click on Withdraw Application/ Revise Bid. The application in the HNI category cannot be withdrawn but can only be revised on the higher side. However, this needs to be done during the Issue Period and cannot be done after the Issue is closed.

In case of ASBA applications, for upward revision of bid, additional lien will be marked to the extent of incremental amount. However, in case of downward revision, differential money blocked earlier will not be released. Such amount, if any, will be released after allotment.

What is the ASBA payment method for IPO?

ASBA stands for "Applications Supported by Blocked Accounts". At the time of bidding, investors’ account is blocked to the extent of the bid amount and debited only at the time of allotment. The customers can use the UPI option for applying in IPOs.

What is the maximum no. of bids allowed per investor?

An investor can place maximum of 3 bids in an issue.

Can an investor apply in an IPO through multiple applications with same name?

No, one person cannot apply multiple times with same Demat/PAN for an IPO. If an investor applies in an IPO though multiple applications with same Demat account or same PAN Number, his applications will be rejected.

If an investor would like to place order for multiple applications, he/she can apply with his/her family member's name. But all eligible family members should have a Demat account and a PAN number.

Can an investor apply through offline mode in an IPO?

Yes, the investor can apply by filling the IPO application form and submitting it in the bank’s branch.

The IPO application form can be downloaded using the following link: ASBA e-Forms

ASBA - Bombay Stock Exchange Limited

Does the probability of allocation of shares increase if an investor bids for more than 1 lot?

In cases where issue is over-subscribed, bidding for more than 1 lot from the same account doesn’t help as maximum of only 1 lot can be provided against each application. However, if the investor applies for 1 lot from different accounts, the probability of allocation of shares increases. 

In which category should an investor bid for the shares in an IPO?

1. Retail segment: If an investor wants to place bids for less than Rs.2 lacs, he needs to apply in this segment.
2. HNI segment: If an investor wants to bid for more than Rs.2 lacs, he needs to apply in the HNI segment. 

What is "Minimum Order Quantity" for an IPO?

Minimum Order Quantity, as name suggests, is the minimum number of shares investors can apply while bidding in an IPO. If investors want to bid for more shares, they can apply in multiples of IPO market lot (Lot Size or IPO Bid Lot) of shares.

Example:
IPO: Route Mobile

IPO Public Issue Price: Rs. 100/- to Rs.150/- Per Equity Share
Minimum Order Quantity: 10 Shares.

Investors need to apply for at least 10 shares. They can apply at any price within the price range i.e. Rs. 100/- to Rs.150/-. If the investor wants to apply for more than 10 shares, he needs to apply in multiples of 10 i.e. he can either apply for 20 shares or 30 shares etc.

What is a Price Band?

A Price Band is a price floor and a cap between which a seller will let buyers place bids on a security, usually during an Initial Public Offering (IPO). For e. g: if the price band of ABC Ltd. is between Rs. 1520/ to -Rs. 1750, it means that investors can bid for shares of ABC Ltd. at any price between Rs. 1520/- to Rs.1,750

What is cut off price?

Cut-off price is the offer price, finalized by a company in consultation with the book running lead managers (BRLMs), which could be any price within the price band. Applying on Cut-off price means the investor is ready to pay whatever price is decided by the company at the end of the book-building process.
When applying at a cut-off price, an investor has to pay the highest price while placing the bid. If a company decides the final price lower than the highest price asked for IPO, the remaining amount is returned to the retail investor.

For eg: if the price band of an IPO is between Rs.345 – Rs.350 and the investor opts to bid at the cut off price, then the application would be done at the cap price i.e. Rs.350. However, if the determined issue price is less than Rs.350, then price difference between the issue price and the cap price would be refunded to the investor after allotment

IPO Applications:

Multiple IPO applications	Single IPO application
Possible only through banks offering 3rd party IPO application facility.	Possible through any ASBA supported banks or through UPI.
Can apply up to 5 IPO applications	Can apply only for self
Though bank account can be different, each applicant should have PAN card and Demat account.	Bank account, Demat account, and PAN card should belong to the same person.