NEST IPO SETUP & HELP

Transcription

1 NEST IPO SETUP & HELP The NEST Auto Plugin files for IPO & OFS order placement is available for download on the website. This update allows order placement from the NEST Trading Application i.e. Way2Wealth Pro. 1. Procedure to Download and Install IPO NAP Before you can get started, please download and install NEST IPO NAP from one of the two URLS mentioned below: Location 1: > Customer Care > Downloads > Download Software > NEST IPO NAP.ZIP OR Location 2: Extract the contents of NEST_IPO_NAP.zip to the following path: C:\Program Files\Omnesys\NEST3\Nest Plugins This will extract two files: IPO.nap & OFS.nap to Nest Plugins folder. 2. Launching NEST Auto Plugins You must first load the NEST Auto Plugin or NAP in your terminal. To do this, Use Shortcut Key: Ctrl+Shift+P & select IPO from the dropdown & Click Load button. OR Go to Tools Menu > select NEST Auto Plugins sub-menu The NEST Auto Plugins Launcher window will open, select IPO from the dropdown of available Nest Plugins and click on the Load button. This loads the ongoing IPO Issues in a marketwatch like window & shows the list of onliging IPO Isuses. Issue specific details like Open & Close Dates, Price Band, Min. Lot Size etc. are detailed against each issue.

2 3. IPO Bid Placement from NEST Trader To place a Bid, select the Issue, Right-Click & select Order Entry sub-menu. Alternatively, press F1 Function Key to invoke the Bid placement window.

3 Fields in Bid Placement window o Client ID - select from the drop-down in this field. o Participant Code leave this blank. o DP ID the default DP ID of the selected client will appear here. Click on the drop-down to select the required DP ID. o Order Type - change order type to Retail. o Enter Order Details Select Cut-Off and enter the required Quantity o Bid 1, Bid 2, Bid 3 a max of 3 bids can be entered per application. Bids 2 & 3 are disabled if cut-off is selected for Bid 1. o Cut-Off Retail Bids must be should ideally be placed at Cut-off. When cut-off is selected, the system automatically defaults the high price band in the Price field which cannot be edited. Press Submit button once order details are entered. Important Notes: Only Order Type Retail, application size below Rs. 2 lacs, should be entered through the terminal. Clear Cash margin in Ledger should be available for orders to be accepted by the system.

4 IPO Order Book Orders placed can be seen in the IPO Order Book by pressing Function Key F3 or selecting the Issue, right-click & select Order Book as shown below. Click on Get IPO Bids button in Order Book to refresh bids. Additional fields in IPO Order Book: o NEST Order Number this is assigned by NEST Trader. o Exchange Order ID this is assigned by the Exchange and is the Bid Confirmation No. o Status applications that are confirmed in the Exchange IPO Order Book will have Order Status should as Open. o Application Number assigned by the NEST system and is unique to each client. o Bid Number a max of 3 bids can be placed per client and is numbered 1 to 3.

5 4. General Instructions for Bid Placement through NEST Terminal a. Place Retail Bids only, ie application size below Rs 2 lacs. It is now mandatory for HNI or Non- Institutional bids to be backed by ASBA. Hence, HNI/Non-Institutional bids should not be placed through NEST. b. Bid Modification and Cancellation can be done only on the same day as per cut-off time defined by IPO Desk and may be issue specific. c. On the Last Day of an Issue, Bids will be accepted in NEST Terminal upto a cut-off time. Please refer issue specific information from the IPO Desk for the same. Need Assistance? Online Clients Call Customer Support on or contact@way2weath.com Branches Please contact your Regional IT should you have any questions. Franchisees Please contact your Relationship Manager.