Coal India Limited IPO Message Board (Page 63)

I ALSO HAVE DEMAT & TRADING ACCOUNT WITH SHAREKAN BUT I DONT KNOW HOW TO APPLY IPO USING ASBA FACILTY./ PLEASE ADVISE WHOM TO CONTACT

Maine Non Institutional Investors category main 800 share apply kiye hain. mujhe kitne share allocate honge :)

For 2968

No matter where you have demat a/c, you can use ASBA facility in the bank which is providing. I am having demat a/c in sharekhan but I always use ASBA of SBI which is easy and simple. You just have a write DP id , client id and PAN no.

If you don't have ASBA feature in your internet banking, still you can apply through ASBA.

All IPO's ASBA form can be downloaded from NSE's site (http://www.nseindiaipo.com/issueforms/html/index.html) or BSE's site (http://www.bseindia.com/bookbuilding/newbookbuilding.asp?status=l&ir_flag=ipo).

Now you can deposit these forms at any nominated SCSB (http://www.bseindia.com/bookbuilding/scsb.asp) branch and get your biding confirmation number there immediately.

2965 poweripo
I have heard that SEBI has designated some banks through which we can apply for ASBA option in IPO, even if the broker is diffenent! and one of the designated bank is ICICI bank..I have checked with ICICI bank Demat section and they said that we can apply but we just have to buy the form for ASBA option, I just wanted to know what information we need...to apply....correct me if I am wrong.

kitne share aayenge 1 lakh wali mai pls mujhe sai answer de do is ka jaruri hai

Sriprakash Jaiswal, Coal Minister has informed that unsubscribed employee quota of the IPO will be allocated to Qualified Institutional Buyer (QIB), retail and high net worth individual (HNI)…in 50:35:15 ratio.

you cant apply via icici bank,only if you have your demat with icici direct you can apply in ASBA

Firstly, thanks for removing the anon option, now many girls like me can access the site without having to read foul language...I hope.

Now for the question, what is the information needed for using the offline, ASBA option for investing in IPO through ICICI bank. I don't have demat acc. with ICICI direct but with some other broker.

My guess is
1. Client ID
2. DP ID
3. bank acc no
4. information regarding no and price of shares to apply

is there anything else needed? Kindly let me know..

Allotment will happen around 1-2 Nov.
Listing on 4th Nov. n Listing expected around 275-300.

My Cheque has been debited today.
I want to know how long the refunding process will take?
few saying refunding will b along with allotment.
But Still i want to Sell my 16 App. at 6500/-...

I hail the Administrators' decision to remove postings by Anonymous; otherwise genuine Boarders would have to read perhaps more than 500 irresponsible and unfounded messages about allotment in next couple of days. This will benefit us a lot and am confident will improve Quality

Coal india ipo is going to list on 4th November, and retail investors will get 40 to 50% of the shares applied by them.
It would be good for the applicants to hold the share for long term so that they can get more gains.
on listing gain would be approx at 30% ie. share will list at 320-340

@2952

India pe koi aisi PSU nahi hogi jisme corruption nahi hai.Corruption almost sabhi governmet contracts me hota hi hai muncipal corporation se lekar central government tak.

coal india IPO will be listed on 4th nov 2010 ?

Hi when will coal india IPO will be listed in stock exchange, date pls, is it on 4th oct 2010, i am not sure, pls confirm.

is it worth to order on listing day bcoz of the hype which going on to make some fast bucks. those who have not got shares will invest during or after listing day. pls reply.

har company pe cases hote h. Cil itni badi company hai toh cases to honge. Blieve me it wil giv v good retrns. Do not panic

NOW THAT THE LIMIT IS ENHANCED, WHAT ABOUT INCOME TAX DEPARTMENT AND ANNUAL RETURNS?

There will be a column in the IT returns which calls for providing information on all payments of Rs 1 lakh and above made to acquire shares.If we don't provide, there is every possibility of the IT department getting hold of information from registrars to IPOs.
Then they might send notices to all applicants who had put more than 1 lakh in IPOs.
What will be the position.
Can some learned members of the board CLARIFY

If IT department calls for all details/BANK PASS BOOK ETC from small IPO applicants, then there may be cases where after allotment, you would have sold shares of IPOs.
This would attract short term gains and tax thereon.
Invariably small traders will not have shown such transactions at all.
Then they might ask details for all previous years also.
Non disclosure will attract penalty and fine and imprisonment too
All this will become too much of a headache.
If you try to get a little more shares big brother IT dept will be watching.

WHAT TO DO??

Mumbai: Market regulator Securities and Exchange Board of India (SEBI) today doubled the investment limit for retail investors in an initial share sale offer to Rs2 lakh, reports PTI.

The board approved categorising all investors putting in up to Rs2 lakh to buy shares through a public offer as retail investors, SEBI chief CB Bhave told reporters here.

SEBI, in its draft guidelines in August, had proposed to raise the ceiling for retail investors to Rs2 lakh in public issues. Way back in 2005, the limit for retail investors was raised from Rs50,000 to Rs1,00,000 in public issues.

The market watchdog allows price discount for retail investors and company discount participating in initial public offers (IPOs) and follow-on public offers (FPOs).

This discount is offered to attract retail investors into the market.

In another related development, the market regulator has deferred a decision to amend the takeover code as it said that it needs “additional time” to look into the finer aspects of the same.

@2944

u will get around 40-45 shares

plse kindly let me know how many shares should be credited againts 75 shares (retail quota).