Edelweiss Capital Limited IPO Message Board (Page 33)

Mr.Khilan, Don't give false information. Can up please tell where did you got the allotment details in the website. Til now not yet ...

Rahul,
ipo ecs refund are done to the bank which is linked to your demat account,the ecs are done using the micr code,you can check micr code in the cheque leaf at the right hand side which is about 9 to 10 numbers,if this micr code is not linked properly with your demat account,then refund is made through cheque,more over ecs will be done only for the bank in major cities

Query for MR. Sundaram.J.S. or anyone else who can give answer :)


Thanks Sundaram, Will you please make it more clear on what the IPO refund by ECS depends. It depends on Bank account home branch Or it depends on demat account home branch in the cities you have mentioned. I am facing same problem. As I know the cities you have mentioned are under ECS mandate.

Thanks have good time >

Date of Allotment Plz? and GMP?

Hi Vatt(527), can u pls tell me the site to know details of upcomming ipo.

Hi Moneymarket,

This is from Sharekhan. Please find it useful
Good For Day Tool

With the introduction of compulsory Rolling Settlement from July 2, 2001 the trading period (T) has been reduced to one day. Obligations are netted and determined on the basis of trades done on the trading day (T). The obligations have to be settled on the second working day after the trading day in a T+2 rolling settlement scheme. Thus, there is a settlement everyday and all orders are good for day in the cash segment of the market.
With the Good For Day Tool, you can tell us for how long you want us to keep trying to fulfill your order during a trading day. If your order doesn't get executed before the close of trading today, the order automatically lapses.
The order option is typically useful when you are placing a limit order to buy or sell, because you believe the price of a particular stock will fall or rise within a trading session. And needless to say, the "We will try" is merely an expression. In reality, everything is done seamlessly by the system, untouched by human hand.


Stop Loss Trigger Tool


The Stop Loss Trigger Tool is actually a bit of a misnomer.

This tool is most useful in protecting your profits on an open position. The Stop Loss order is a conditional order to either Buy or Sell.

The condition being that the order is activated only when that stock trades at a specific price defined by you. As is the case in any order, you will have to specify the quantity and the limit price (or market price) at which you want the order to be executed.

And in addition you will have to specify a Trigger Price.

Only if the Exchange records a trade at the price defined as Trigger price by you, will your order will be activated.

In case you choose to use a Limit price (as opposed to market price) for your Stop Loss order, you must remember the following guideline :

- For a Buy order, the limit price must be greater than or equal to the trigger price.

- For a Sell order, the limit price must be less than or equal to the trigger price.

If, for a stop loss order to buy, the trigger price is 93.00, the limit price is 95.00 and the market (last trade) price is 90.00, then this order will be released into the system once when the market price reaches or exceeds 93.00. This order will be added to the order queue at the exchange with the time of triggering as the time stamp, as a limit order to buy at Rs95.00. Till such time that the order is triggered it will stay in a separate queue at the exchange which is not visible to other market participants.

Remember even the stop loss tool is valid only for a trading day. If your stop loss order is not triggered during the trading day, it shall lapse automatically at the end of the trading session.

When do you use a Stop loss order?

The Stop Loss order is a great way for a trader to manage his exposure in the market. Lets us say that a trader wants to buy ABC company at Rs100 because he expects the price to rise to Rs120 in a short time. But he does not want to take an unnecessary risk and hence he wants to exit the trade (sell his shares) in ABC company if the price drops below Rs95.

So he first buys 100 shares at Rs100. Then to protect himself against an unexpected movement and limit his losses he would punch in a stop loss sell order for 100 shares of ABC Co. with a trigger price of Rs95. He could choose to sell with a limit price of his choice or at market price.

So if the shares of ABC drop to trade at Rs95 his order is immediately triggered and pushed into the queue for execution.

This system finds similar application in the case of short positions.

allotment should be come on 4th or 5th December hopefully.
Price may be open in market about Rs.1600 to Rs.2000.

SEBI has allowed companies to offer 10% discount on IPO price on IPO price for retail category. A good move and it has to come into effect soon.

Hi I am new to this market .. appreciate if somebody could explain me how SLTP(stop loss trigger price) functions with the help of an example...thanks

alltmnt 5th, prem 800, min 8 for 99k

some one tell me about allotment and listing price i think eight shares confirm for application of 99k

hi
pl. suggest whether i buy eldeweiss about rs. 1000 on listing.

thanks

Hello Everybody.....
Anybody tell me what is the chance of Edlewiss alootement status....

Brigade Enterprises Ltd.

Issue opens 10-12-2007
Issue closes 13-12-2007

Price band Rs. 351- Rs. 390

Issue size (in crs.) Rs 5835 mn – Rs. 6484 mn (including Greenshoe : Rs. 6711 mn – Rs. 7456 mn)

Bid lot in Multiples of 16 shares

Does any one has information about the issue size and price band for the up coming shares ---

1- Transformers & Rectifires(I) OPEN ON 07.12.07
2- Brigade Enterprise OPEN ON 10.12.07

I need to plan the investment

THANKS

HI guest (59.181.100.246)

Give a copy of cancelled cheque to your Reliance Money people and ask them to update the ECS portion (meant for refunds).

Hi All,
Here are some of the answers regarding the IPO Refund.

The Red Hearing Prospectus says clearly that "Please note that only Bidders having a bank account at any of the 15 centres where the clearing houses for the ECS are managed by the RBI are eligible to receive refunds through ECS"

Now please find below the list of Clearing houses managed RBI:-
1. Ahmedabad
2. Bangalore
3. Bhubneshwar
4. Kolkata
5. Chandigarh
6. Chennai
7. Guwahati
8. Hyderabad
9. Jaipur
10. Kanpur
11. Mumbai
12. Nagpur
13. New Delhi
14. Patna
15. Thiru’puram

Now if your demat account is not in any one of the above cities, then you would be getting a cheque posted to your address associated with Demat account.

I hope I have managed to clear some doubts of the curious investors, who have not yet got their refund.

Regards,
Sundaram.J.S.

kolte patil status retail catagary

I have demat account with Reliance Money and linked bank account with HDFC Bank, Andheri.

Whenever I apply on IPO, I'm getting refund order through cheque not by ECS. Though other people at HDFC Bank is getting Refund Order by ECS.

I contacted my HDFC Bank but they told that they had MICR & ECS facility. So it's not their issue. Can anybody suggest me to whome to contact. I want my all Refund Order by ECS.

Thanks in advance.

SKP

anuragsarda, u will get atleast 8, u from?