Ipo Number In Postal Order



  1. Ipo In Postal Order
  2. Ipo Number In Postal Orders

An initial public offering (IPO) is the first time a company sells stock to the public. An IPO typically represents a small fast-growing company looking to raise capital to grow and expand. Investing in IPOs can be lucrative because every big market winner such as Apple, Bidu or Google was once an IPO, but it is also risky because many IPOs fail. Mode of payment may vary from government to government. While submitting application in person, some organisations accept cash while some do not. Some ask for Court Fee Stamp, some ask for Indian postal order (IPO). When sending an RTI application by post, we can use IPO/ court fee stamp of Rs.

05 Dec 2017

In one of my previous articles, I have explained the procedure of sending stamps to SOs. The same procedure is used to send IPOs except for adding the serial numbers of IPOs.

How to send IPOs in CSI Post office??

Go to SAP, enter the T-code MIGO. The below screen will appear.

Enter the details.

1. Remove from storage

2. Others

3. Storage loc - 313(must be 313)

4. Enter some text in the Document Text

Once you have entered these details, click on the check box (5) and click on detail data(6) icon.

Now, in the Material column, click on search button. You will get a pop-up window as shown above.

Enter IPO in between asterisk * mark as shown in the picture above. Click on . You will get a list of the IPO as shown below.

Select the IPO which is to be sent.

Enter the details as follows.

Ipo number in postal orders
Plant (7)Enter Plant ID. Hit Enter.
Sloc transfer (8)TR01. Hit Enter.
Sloc transfer (9)SO01. You can select respective sub-office from the search button. Hit Enter.

Now, click on the Serial Number(10). You can see the window as shown below.

Now click on the search button. A new window will appear.

Here, I have taken the example of IPO10. In order to select the serial number of IPO10, just click on the execute button. A list of IPOs will appear as shown below.

Select the series of IPOs which is to be sent. Click on . The quantity(11) column gets updated once you select the series.

Ipo In Postal Order

Click on Item OK (12). Click on Check button(13). Click on Post(14).

A document will get generated. The sub-post office will receive the invoiced IPOs by using this same document number similar to how we receive the stamps from head office.

Refer the article How to Receive Stamp Material in CSI Sub Post Office? to receive IPOs at Sub Office. The Same procedure should be followed to receive the invoiced IPOs at SOs. While receiving, you can check the serial numbers by clicking on the Serial Numbers column.

For confirmation, type MB52How to View Stamp Stocks in CSI Post Office? to see the IPO balance of your office.

Ipo number in postal orderingIpo

Thanks for reading!

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Ipo Number In Postal Orders

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Of late RTI applicants are using Indian postal order [IPO]for paying filing fee and other charges. I append below few rules which will beuseful to RTI users:
1. IPOs are available in denominations of Re. 0.50,1, Rs. 2, 5, 7, 10, 20, 50 and 100/-.
2. Commission per IPO is Re1 to Rs.3 depending upondenomination. For Rs.10 IPO commission is Re.1/-.
3. Value of IPO can be increased bymaximum Rs.3/- by affixing unused postal stamps not exceeding 4 on its face. Eachstamp should not exceed Re1. Hence, say if you want to pay Rs.12 [and postoffice does not have denominations below Rs.10, you can buy IPO of Rs.10 andaffix two postal stamps of Re.1 [ or 4 stamps of 50 paisa] each on its face.This way IPO will be for Rs.12. This facility of value addition is notapplicable to IPO of Rs.100/-.
4. IPO is valid for six months from thelast date of the month in which IPO is purchased from post office.
5. IPO older than 6 months as above canbe revalidated for next six months by paying prescribed commission for thatdenomination of IPO in the form of postal stamps to be affixed on the reverseof IPO.
6. IPO older than 12 months from lastday of the month of issue will be forfeited if presented for payment.
7. Purchaser can get refund of IPOwithin 6 months from last day of month of issue by surrendering original IPOand counterfoil. Purchaser can also get refund after expiry of 6 months fromlast day of month of issue but before 12 months from last day of month of issueof IPO provided he pays commission for renewal at prescribed rate by affixingstamps on the reverse of IPO to be refunded.
8. In case of loss of IPO, refund canbe claimed by submitting counterfoil to Superintendent of Post Offices underwhose jurisdiction issuing post officeoperates.However, refund of lost IPO will not be made before expiry of 16 months fromlast day of the month of issue of IPO. Claim for lost IPO should be made within12 months from last day of month of issue. If counterfoil is not available,then number, date and post office of issue should be mentioned in theapplication for refund.