Dear experts, do you know how to cancel the IPO bid after bid closure day? I placed multiple bids in BSE ipo due to some error from my bank side. Now both bids where submitted to BSE & NSE respectively. Now I have to cancel one bid otherwise my both bids will be cancelled.
I read one blog which says that retail investor can cancel the bid by contacting registrar of the issue after issue close but before finalization of the allocation. So I am not sure how to contact to registrar.
Yes, I know my bids will be cancelled but I wish withdraw one bid before the finalization of the allotment to save other bid. I am getting the link which says that contact or write registrar. But I am not sure how to contact registrar.
If money not debited so far means no allotment , u can also go to order book column in demat account, it will show order expired ,in case of no allotment
Hello Sir, Plz explain as to how you calculated this GMP..I mean how can the oversubscription ratio help in calculating GMP???? Plzz explain.
638.6. Septa| Link| Bookmark|
January 26, 2017 10:56:42 AM
(4000+ Posts, 4600+ Likes)
One lot application is 14508 since the issue in HNI category is over subscribed 159 times so sure short allotment one has to invest 159*14508 is approx 23 lakhs so now cost of this money for seven or ten days is approx 5% to 8%depends on client and bank . Now if HNI investors have to make any money it should cover the interest cost for 7 days so whatever the number days they may be so at 5% it cost Rs 122 per share at 7% it cost Rs 175 per share Approx So to make any return it should list above the issue price and cost of funds
No impact on share price.... NPA double EPS only 0.56 Bad results indeed...book partial if u hv at lower levels or else keep hold..will follow nifty imo.
636.2. gamble| Link| Bookmark|
January 26, 2017 5:57:52 AM
(1600+ Posts, 3900+ Likes)
1 gap down that''s it.but upside will b also not much in this quarter.
In larus lab/sheela foam I applied through nsdl/sbi asba as max as retail .....but none was alloted .....my bid confirmation was in cdsl .... Is it a cause for it??? Plz any idea???..this time also I appld for bse .....
634. ammubutter| Link| Bookmark|
January 25, 2017 8:39:52 PM
Top Contributor (200+ Posts, 200+ Likes)
Can v find out how many retailers have applied only 1 lot.....?
We find numerous theories around this one of the most discussed topic: Why Retail Investors always lose money. Retail Investors tend to follow the trend rather than the principles which govern the stock movements.
Many market studies often proved that, retail investors are the last few people to buy the stock or mutual fund. It is during the peak time, such stocks or mutual funds experience sell off pressure due to profit booking activities by professional investors.
The value of the investment now takes a hit and retail investors still cling on their investment in the hope of experiencing the peak again. The common nature of aversion for loss makes them sell their investments at the first sign of recovery. It is evident that retail investors incur loses only because of lack of discipline and lack of knowledge when it comes to investing.
When we are talking about lack of knowledge we are not even referring some high end mathematical models or stock picking strategies. Let’s just step back and revisit our high school math. The formula for compounded interest is:
Future Value = Present Value * (1 interest rate) ^ (number of years)
So if we want to increase the future value of our money the two governing factors are interest rate and number of years. So this brings forth the next question
“What is interest rate of our investments dependent on?â€
Put in its simplest form: It is dependent on the type of Investments we make. So here comes our first hindrance: “Lack of Knowledge while picking the good fundsâ€.
This is the most common problem for retail investors. They hear a couple of success stories around their friends and family about how they made a fortune in stock markets.
They start chasing the next multi bagger. They rely on market news and trends over fundamental research for picking the stocks. So by and large most of the mistakes by retail investors are committed because of lack of access to quality advice.
If we observe the compound interest calculation formula stated above, the second factor that governs the future value of investment is the number of years. The longer the time horizon the future value increases exponentially. 2^2 is 4 and 2^3 is 8.
Time horizon is in fact the second hindrance why retail investors lose money. They are so inclined towards profit booking that if they pick good funds, they sell it off as soon as they get good profits. If they pick bad funds they hold onto them in the hope that the fund will perform better.
They hold on till it loses substantial amount and sell off. The other scenario where this time horizon plays a part is during the market recovery times. As and when they see an instance of market recovery, they start selling off their holdings.
The two factors, picking the good funds and holding on to them for longer period are interdependent.
It is important that retail investors opt for help in the form of quality advice to pick the investments. Once have a winner in your hand, holding on to it for longer time period to enjoy the benefits of compounding follows.....
retail investors pulled out a record amount out of the markets in 2008 (at the peak of the crash), and put in the record amount in 2007 (right before the crash).
Maximium Retailers buy good stock at bad price & sell at bad price. Also maximum retailers hunt for penny stocks & they dreamed that penny stock will be further multibagger.They did not follow institution/ MF portfolio. They follow peeny tips by peeny experts on business channels. No penny expert/ TV channel/ magnizin suggest to buy stock when market is in falling knife. Everybody saw 2000 points falling market on TV & smile for his looses. Retails buy peeny stocks in large quantities like 50000 /25000/10000/5000shares at a time. They don''t buy sensed/ nifty/ sector leaders in falling market.Hence retails incurred heavy loss in market. All losses incurred by retail reflect as profit of operators/ TV expert. No expert suggest you to buy HDFC in falling market. Buy strong financial/ pharmaceutical stocks & Strong NBFC when market tank you will gain 20/25% profit. This is simple funda of stock market.
CNBC belongs to reliance group company All cnbc channels are the agent of MF houses , Broking Houses & dirty big speculators. That is why they advise opp. to the mkt. avoid it.