I HAVE APPLIED 400 EQUITY SHARES IN COAL INDIA IPO VIDE APPLICATION NUMBER 46156273 AND REGISTRAR COLLECTED THE AMOUNT 98000/- FROM BANK WITHOUT COLLECTING DATA FROM DEPOSITORY AND BEFORE THE WITHDRAWAL DATE i.e. 25.102010 AND NO SHARES HAS BEEN CREDITED TO OUR DEMAT ACCOUNT AS ON 04.11.2010. THE REGISTRAR ALSO NOT INFORMED TO RETAIL INVESTOR. IT IS A GROSS NEGLIGENCE ON THE PART OF IPO REGISTAR AND SHOULD BE DEBARRED FROM PARTICIPATION.
I have applied for coal india . I got 199 shares in allotment but those shares are not credited in my sharekhan account. Can some one tell me procedure for getting my shares credited into demat account.
4044. Pavanpavan| Link| Bookmark|
November 5, 2010 9:08:51 AM
IPO Mentor (500+ Posts, 400+ Likes)
THANKS TO EVERYONE WHO IS INVOLVED IN COAL INDIA PRICING. COVERED LOSS INCURRED IN NHPC and also got some Profit.Sold 75 shares at avg price of 330(around profit of 100 per share) and planning to sell@400 if it goes or hold for long term. But I wonder when Im able to strongly expect Coal India to list above 300.. how come the so called analysts gave expectation only in the range of 280-300?? Please share your thoughts.
Very sorry for the sad incidents, anyway congrats for your profits, last but not the least, try to be happy with the profits you got, something is better than nothing.
Its not like that, lot of employees as someone said in earlier post are labour in CIL, so they dont know what is sharemarket and they dont have that much of money to invest in sharemarket. Be happy with what you got.
Srini, Normally I dont sell shares on listing day. Like you, in my 1 year share market experience, this is the first time I am seeing so much profit. So I was tempted to book profit.
I also don't have any idea as of now about selling remaining shares by tomorrow. Lets see.
Yes I sold 1 full application of 200 shares at 339.90 not at my interest, its my wife's interest to sell, because we never seen this much of profit in my 1 year of share market calender, my previous highest profit was in ARSS 4,000Rs. So she want to see today atleast of 20000 profit.
I am not coming to a conclusion to sell or hold for long term, tomorrow if it crosses 350 and trading above that level, I will put stop loss at 345 and hold it. Where is Gem, what he did for his 33 applications?.
Ohho and how can we forget the various union leaders who prevented their colleagues from applying.....thereby depriving them of a small fortune...What face they will show now...
Hello friends i have sold my entire holding in coal india and earned Rs 1 lakh in all.Every news channel is saying that retail investor has got a big gain and showing this news after every five minutes.We have got profit after making losses in many fps and ipos in the past so this profit is not considered as granted.we have taken risk with our capital and as result we have got the reward. HAPPY DIWALI TO ALL MY CHITTORGARH MEMBERS.MAY GOD GRANT ALL PERSONS A HEALTH WEALTHY AND SAFE DIWALI.