I have come to know while talking to a friend who is a merchant banker that heavy withdrawal of applications is being done by QIBs and HNIs on the notice issued to Coal India on wrong information in prospectus.
WE SHOULD TAKE THIS AS OPPORTUNITY TO SAVE A PART OF OUR MONEY IF NOT ALL AS NOW THERE ARE CHANCES THAT POST-WITHDRAWAL PROCEDUURE, GMP OF COAL INDIA IS BOUND TO COME DOWN SIGNFICANTLY RESULTING IN HIGH CHANCE OF THIS ISSUE LISTING AT DISCOUNT.
IT IS TO BE NOTED THAT DUE TO THIS WITHDRAWAL PROCEDURE, RETAILERS WILL BE ALLOTED MORE SHARES AND THEY COULD FIND THEM STUCK WITH THIS STOCK FOR INDEFINITE LONG-TERM IF NOT SOLD ON THE LISTING DAY (IF OPENED AT PREMIUM). REMEMBER!! NHPC, SJVL, NMDC.
NHPC TOO HAD A UNPRECENDENTED AND WHOPPING FIGUERS OF SUBSCRIPTION AND EVERYBODY GOT HUGE ALLOTMENT AND EXPECTED GAINS OF 20 TO 25%. AS THE SUPPLY WAS HUGE AND HNIs AND QIBs TURNED SELLES, THE PREMIUM GOT SCRAPED.
IT IS A COMMON SENSE THAT NO MATTER HOW LARGE IS THE SUBSCRIPTION, WHEN EVERYONE INCLUDING (HNIs and QIBs) WILL BECOME SELLERS ON LISTING DAY, HOW CAN WE HAVE A PREMIUM???
Considering the above facts, I am withdrawing 50% of my applications and will plan further on listing. Whether Coal India lists at discount or at premium, I will will deploy rest of the 50% money only after listing. This will ensure me to have peaceful and safe Diwali days.
Thanks!! and Regards to all the boarders. All the best and happy investing.
2677: Are ullu ke patte, thuje samajh mein aayega 4 nov ko. Jab listing hogi na thera poora phat jayega. Main jo bhi kaha achcha ke liye kaha. Mano ya no mano hamein kya karne ka hai. Thera application withdraw math kar. Uske saath thu doob jayega.
Today last date for withdrawal. Golden opportunity. Please protect your hard money and withdraw immediately. Most of the FIIs and HNIs have already withdrawn. Definitely price will be below par on listing. Act before it is too late to retrieve your money.
No.2672: In such circumstances, your application will be fully rejected and you will get full refund. If you are lucky shares may be quoted below par on listing and you can acquire Coal India shares at cheaper price. Wish you Good luck.
Aap logo ko kya ho gaya hai COAL INDIA ki tulna R POWER se kyo kar rahe hai INDIA GOVT vs ANIL AMBANI aap logo ka dimag kharab ho gaya hai COAL INDIA ki application withdraw kar ke kya karloge 100-200 application v withdraw nahi hui hai COAL INDIA IS THE DANTERAS-DIWALI GIFT FOR EVERY INDIAN PUBLIC FROM GOVT OF INDIA wait 4 listing date mazaaaaaaaaaaaaaaaaaaaaaaaaaaaa aa jayeeeeeeeeeeeeeee ga
For all ICICI DIRECT users to cancel their application follow the steps below..
1. Login to ICICI direct website using ur user id and password. 2. Click on the IPO tab appearing. 3. Then click on the Order Book. 4. Then click on the Transaction ID. 5. There one can see Print button and Revision button. Click on Revision Button. 6. There one can see quantity applied. Change it to ur requirement which will be 0. 7. Click submit. Finished...!!!
Abay appl. Withdraw karnay walay tayri gaad may itna bota nahi tho lagaya kiyo tha, lagatay time pay tujhay R.Power ka kayal nahi aya tha, ya dho din may tayray maray huai baap nay tujhay kuwab may bata diya ki yah r power ho jaya ga bhotnikay.