Hello Investors, Adani is a very good ipo.ICRA gives it grade "3".Mean it May be give you 20 to 25% return in a weak after listing.But dont worry it will touch 139.7 on the day of listing so enjoy your investments and ready your money for OI (OIL INDIA).
No need to get confused and Worry about that. Face Value of Adani Power is 10 Rs. Since the stock is not traded may be some brokerages show the face value as the current price and some brokerages show the issue price as the current value.
The moment the stock gets listed, the value will reflect correctly. Nothing to worry about what is being shown now.
I expect the stock to list around 125 to 130 Rs depending on Market Conditions. On Monday, the market may go down and on tuesday if things are ok, we should see good listing.
I have Recieved the shares in my Demat Account. The Refund will be done by End of 2moro for all ICICI Demat Holders. This share may list any where between 115-118. Please hold this share. It will give good returns in a period of 15days to 1 Month
'Applications Supported by Blocked Amount (ASBA)' payment method is a wonderful option they have introduced. No more worries of getting refund. Good for customers......Guys apply thru ICICI direct only. Only bid amount will be blocked from your saving account, no deduction till the allotment of shares.
Listing Date out at Bsee Web site ........ 18/08/2009 Hurrrrrry ......... also listing in future ......wooff .. woof .... In Rajkot Grey market premium spurt to 15-16
Adani Power will list @ 115-118 and at the same day it may go to 150 or even higher so don't short it on listing day otherwise you may incur huge losses
the money is credit in ICICI bank acct on 13th Aug 2009 As per the recipt available on Karvy web site It is ICICI bank which holding money not giving to acct holder, SEBI and RBI should look in the matter, and esure money should be credited as per guide line issued by them
Adani power IPO applicants having ICICI linked demat AC will get refund by 19th Aug. It will be listed not below 110-115 and go to 135 in 2/3 days if nifty remain above 4420.It will gain 2-3 percent more if nifty remains above 4579. Better u sell half on opening and rest later on.