filter my post i have already said in the morning at around 6' o clock in the morning that investors can withdraw their application upto 25/10/2010 up to 5 pm.this is a minor clerical typing error in the rhp.So do not worry it will give more allotment to retail as some persons will withdraw their application but in very small number and even nil.
Heavly withdrawal of applications from all sectors is bound to happen in next couple of days. We all need to be careful and should withdraw at least 50% of our IPO investment so that we can buy the Coal India shares in secondary market from the withdrawal amount and average our price if lists at discount. This is the ideal strategy.
DISCLOSURE: I am withdrawing 50% to follow the above strategy.
kus log jinkay pass apply karny kay liya paisa nahi hi, emplay portion ka rona ro rahy hi, ASOKA BULDICOM may employ portion oversubscribe hua tha isliya woh issue prise kay nechay chal raha hi,bakcoo do kus tho dimag ki baat karo ya pora Gober bharay ho.
Employee subscription is less, so remaining shares will be alloted to retail quota. One can expect more than 50% allotment. So even if the premium goes down a bit, volume will compensate for reduction in premium. To me Retail investors making loss seems remote possibility.
2062. SONMAYA| Link| Bookmark|
October 21, 2010 9:32:19 PM
IPO Guru (1300+ Posts, 500+ Likes)
RETAIL INVESTOR WHO HAVE APPLIED 400 SHARES WILL GET IN BETWEEN
175 TO 180 SHARES................. HAPPY INVESTING.
JOKER SEBI. ALWAYS CLEAR THE APPLICATION THEN COME OUT WITH WITHDRAWAL OPTION. WHO IS TO BLAME AND WHO IS ACCOUNTABLE FOR THIS TYPE OF MISTAKES. LOT OF FIIs HAVE INVESTED. WHAT THEY THINK ABOUT OUR REGULATORS? BUNCH OF JOKERS LED BY BHAVE. SHAME SHAME.
People go ahead and withdraw your applications. I want to have better subscription. For now it seems that will only be alloted shares for Rs 40k on my full application. Thanks in advance
Deepak Patel @258 , please go ahead and withdraw your application. You are just trying to act to smart by trying to post scary messages on this board and creating a panic. Nobody is a fool here and if at all there is a fool it is YOU.
@2058 and all others with similar ideas. I will be very thankful to you all for withdrawing application. It will increase my allotement to some extent. Thank you in advance. Any one else, who want to be thanked.
THE RETAIL SUBSCRIPTION IS PRETTY LOW AND EVERYBODY IS GOING TO STUCK WITH ABOUT 75% OF THE APPLICATION AMOUNT.
TO AVOID THE REPEAT OF NHPC AND BLOCKING THE AMOUNT EVERY RETAIL INVESTOR IS ADVISED TO TAKE THIS OFFER AS AN OPPORTUNITY TO GET OUT OF COAL INDIA AND GO AHEAD WITH POWER GRID FPO.
DUE TO LOW RETAIL SUBSCRIPTION, RETAILERS ARE BOUND TO SUFFER HEAVY LOSSES DURING LISTING OR THEY WOULD HAVE TO HOLD THE SHARES TILL THE IPO PRICE IS REACHED AGAIN. I SMELL OF NHPC.
I WILL BE WITHDRAWING MY APPLICATIONS, FIRST THING IN THE MORNING TO ENSURE A HAPPY AND PEACEFUL DIWALI. ALL THE BEST.