Engineers India Limited FPO Message Board (Page 2)

115. jigaReligare | Link | Bookmark | February 26, 2014 11:01:49 AM

I HV SOLD MY ALL CLIENT SHARES ON TUESDAY WHAT HAPPEN?

115.1. CLD | Link | Bookmark | February 26, 2014 1:44:01 PM

Top Contributor (500+ Posts, 100+ Likes)

If you have sold shares which are allotted in FPO now, then all sold shares will go in auction if you will not be able to deliver the shares since FPO shares are not yet listed.

115.2. anonymoues | Link | Bookmark | February 26, 2014 2:15:15 PM

Dear CLD,

i also sold 468 shares yesterday..i dont have shares now..CDSL Sent me SMS on 24th and i sold on 25th and till now it''s showing in my dmat account..what is the reason?hows much loss in auction?is there any chances or way to from auction?reply fast.

115.3. PSR | Link | Bookmark | February 26, 2014 9:45:12 PM

IPO Guru (1300+ Posts, 700+ Likes)

To my knowledge, allotted shares would be converted to regular ISN on Friday morning. Hence, you may be able to delver the shares sold Tuesday as well as on Wednesday. However, you may have to hand over delivery instruction slip on Friday morning.

115.4. CLD | Link | Bookmark | February 26, 2014 10:27:26 PM

Top Contributor (500+ Posts, 100+ Likes)

You are given some transaction period within which shares have to be delivered. It is better to talk to your broker.

115.5. anonymoues | Link | Bookmark | February 27, 2014 2:19:26 AM

IN8510A01019
ENGINEERS INDIA LIMITED#EQUITY SHARES LISTING / TRADING APPROVAL AWAITED - ENGINEERS INLIST PEN
468.0000
0.0000
ORDINARY SHARES
Beneficiary
is new ISIN shown in my DP holding..if i sold in old ISIN on 25th and when for T+2 the effective date for Giving my shares to CDSL is on 28th.now my question is on 28th both ISIN will be same or not?if same then i can my shares..right?what do u suggest?and what i should do if i sold on 25th?i got a mail from IIFL of shaotage of delivery on 26th...so auction lagega ki nai?

115.6. pritig | Link | Bookmark | February 27, 2014 2:57:12 PM

i also sold shares on 25. I got message of shortage. I want to know if on 28 morning ISIN convert in regular ISIN then share will adjust against sold shares. I have auto pay in system and today holiday so no one reachable from broking company

115.7. CLD | Link | Bookmark | February 27, 2014 9:55:01 PM

Top Contributor (500+ Posts, 100+ Likes)

I have never got into auction problem but it is sure that after listing there will not be separate codes for trading in the same Co. If that would have been the case, then there would have been a number of codes in a co where a number of FPOs have already taken place.
U talk to your broker on Friday morning.

114. Prashanth Tapse | Link | Bookmark | February 26, 2014 10:17:34 AM

kARVY SAYS EIL FPO IT MAY GET LISTED ON FRIDAY 28TH FEB 2014
STILL AS ON DATE LISTING DATE NOT YET DECIDED

113. Athar | Link | Bookmark | February 25, 2014 8:34:06 PM (200+ Posts)

Thanks for optimistic view

112. Deepakguruforu | Link | Bookmark | February 25, 2014 7:57:17 PM

Don''t Worry, No Hurry, take this till friday and you can sell it in 152+ or if you can wait for month you can sell it it 165+

Happy Investing

112.1. Dinesh | Link | Bookmark | February 26, 2014 10:07:05 AM

Company is fundamentally sound. I expect institutional investors and AMC to purchase shares at such a low valuation. Won''t be surprised if it crosses Rs 180 mark within a month.

112.2. Dinesh | Link | Bookmark | March 6, 2014 2:17:00 PM

Slowly reaching to the fundamental target price

111. Athar | Link | Bookmark | February 25, 2014 7:48:00 PM (200+ Posts)

Mr S.kumars is very much interested in selling the EIL FPO shares to sell below the issue price by retail investor

110. S.kumars | Link | Bookmark | February 25, 2014 5:04:26 PM

no wonder if price seen 139.50/140.50 of eil on fry

109. S.kumars | Link | Bookmark | February 25, 2014 5:04:24 PM

no wonder if price seen 139.50/140.50 of eil on fry

109.1. Srini | Link | Bookmark | February 25, 2014 8:04:03 PM (400+ Posts)

Then what is the of subscribing at 144 for FPO.

108. Anish Bdj | Link | Bookmark | February 25, 2014 4:19:07 PM

Any Idea why prices hit so low today?

107. VALUE INVESTOR | Link | Bookmark | February 25, 2014 4:18:09 PM

IPO Mentor (900+ Posts, 600+ Likes)

Doob gaye bhaiya hum to apply karke, already 146.85 today. still 1 more day to go before we can trade on Friday. Not sure what will be the price :-(

106. bhavani prasad | Link | Bookmark | February 25, 2014 2:46:48 PM

Confirmed news,listing will be done on Friday 28th Feb 2014.

105. S.kumars | Link | Bookmark | February 25, 2014 12:32:23 PM

listing day price 143/142/141 most likely

104. saravagi | Link | Bookmark | February 25, 2014 12:31:16 PM

We can sell shares tomorrow. But lagta hei kuch fayada nahi hoga.

103. Durai Raj,Tirupur | Link | Bookmark | February 24, 2014 9:36:17 PM (300+ Posts)

Got a text that shares credited to dmat account...
We can sell them tomorrow...

Load more comments (3 replies)

103.4. Durai Raj,Tirupur | Link | Bookmark | February 25, 2014 10:32:39 AM (300+ Posts)

Ya sure...
But risk takers can sell bcoz any way it''s going to be changed by tomorrow or 28th & settlement will be T+2days so it will be squared off propably...

103.5. Durairaj,Tirupur | Link | Bookmark | February 25, 2014 4:22:13 PM (300+ Posts)

Not sold today due to oscillation...
But nothing left (only 2%) in the table...

102. Srini | Link | Bookmark | February 24, 2014 6:37:52 PM (400+ Posts)

Got refund for balance amount to bank account.

101. bhavani prasad | Link | Bookmark | February 24, 2014 4:28:57 PM

I asked Karvy people,listing would be on 26th or 28th of this month,27th being a holiday due to Mahashivratri

100. GHP | Link | Bookmark | February 24, 2014 2:57:36 PM

dear sir
i applied application for 1000 share (1.44000 rs)but on internet display (applied-100 share and alloted 100 share)also deduct mony from my account 1.44.000/-
pls. what i do.

100.1. hemant kumar | Link | Bookmark | February 26, 2014 2:29:31 PM

Deduction of Rs 1,44,000 for an application of 1,000 shares is not possible. Check it once more

99. jigaReligare | Link | Bookmark | February 24, 2014 1:06:13 PM

grey mrkt wala sell karave 6 k nai ?

98. JKCOMMODITY | Link | Bookmark | February 24, 2014 12:53:45 PM

EIL-SHARES FINALLY ALLOTTED.

98.1. jigaReligare | Link | Bookmark | February 24, 2014 1:57:39 PM

is alloted in dmat or not

97. Dinesh | Link | Bookmark | February 24, 2014 12:30:40 PM

Stock is fundamentally sound. Price was underpressure due to FPO and probable subsequent sell off. Price will bounce back to above 180 level within a month. So hold on.

96. Anish Bdj | Link | Bookmark | February 24, 2014 11:51:27 AM

What should be the selling strategy?
We should book the profit whatever we are getting at the time of allotment or wait for some time? What should be the ideal rate to sell in this or next week?