I just logged on to my Kotak Mahindra Online Bank Account and wanted to apply for the CDSL IPO. However, I could not see CDSL in the list of companies available to be applied for the IPO. Only ERIS Life Science was available. The time when I saw was 09:45 IST today.

Kotak Bank which aggressively promotes itself as Digital Bank doesn’t seem to understand the use case of opening the IPOs along with the market or do they have any vested interest ? In any case it is also violation of SEBI guidelines as Bids must be accepted during Trading Hours on the days the IPO is open.

Aggrieved Customer of Kotak Bank
Chetan