Septaji, Continental Coal is listed on Australian Exchange as well as AIM of London Stock Exchange. If that''s where u invested it''s really very gutsy. Kudos!
Do brokers in India allow investment in scrips listed overseas?
Yes it is listed AIM & ASX. 10 years back i was very risk taking investor young and flamboyant based in Australia full time. Now it 50:50 TIME IN OZ AND INDIA.
Answer to second question yes Kotak Securities provides access to 24 international stock exchanges through its trading platform however i a broker hofrom New Delhi. I also have Kotak account
Dear Eagleye, Septa,Mehul,Shivajee,all others What is a basic DMAT A/C? Is it correct that small investors who are expecting only a few transactions in a year can open it without paying any annual service charges. They just have to pay a nominal charge if a transaction is done. I am applying in only good quality IPO every year and receive allotment in 3-4 ipos. I sell them on listing day. I do not buy from secondary markets. Is this type of basic DMAT A/C suitable for me(cost effective) in view of my less transactions ?
if it few transaction go for three in one demat account with any leading private bank. before signing in make a deal with executive on commission and annual fees etc
Some Brokers Open Lifetime Account with Nominal Charges... No AMC then after.. My Same Account, Demat + Trading Account is with SMC Global Sec Ltd.. In this IPO Market, some players Offer lifetime Demat Account within range of 500 - 1000 Only.. You can select that type of broker..
Shivambhai, One is SMC Global Sec Ltd..CDSL. (700 - 1200) Religare, opened Lifetime DEMAT with Rs 1200/- One time... NSDL.. Other Small broker, Indo Thai Sec.. I know these. But first 2 are best..
1. I would suggest you NOT TO SELL a good IPO on listing. If you look at last year''s IPOs like Pushkar, VRL, syngene, they have proved many times profitable if you held longer. I feel if you get 5 IPOS in a year and held for longer periods until it becomes double, it is good. Your aim in shares should not be peanuts, but a big treasure.
At the same time, I appreciate your interest only in IPOs rather than trading. Trading requires lot of calculations and 100% observing the market. Sometimes you may go wrong also. At the end of the year if you look at P and L, there will be nil or negtative profit if you do it wrong. IPO route is much more reliable than trading but hold longer if your financial position allows. Or do one more thing. Book profits on listing as you like for only the amount that you invested and hold the profits you have as shares. Let it grow.
2. Regarding broker, look for reliable broker rather than annual charge. 3 in 1 Ac are there in banks. You can make of the Savings Bank interest in the idle money, rather than getting no interest in a full time broking house. Also, some brokers are coming new and soon after some time, running away, so look for reputable ones. One of my friends and his mom had such experience.
I knw I m slightly off topic to your questions, but think about what I suggested. My suggestions are very basic and its for the smallest retail investor to stay on to share market. Big people will manage anyhow. They know technicals, can bear loss, or do something.
When contacted, Deepak Morada, VP, L&T told Business Standard: "The reason we have withdrawn the IPO is becaof market conditions. And we want to relook at our pricing. The IT industry undergoes changes on a quarterly basis and it is only fair to investors, in any issue, that they take a call on the financial performance of the most recent quarter."
When asked by when L&T will file a new DRHP with Sebi, Morada said: "At this point I cannot comment. But there is a possibility of we approaching the markets again." On the offer structure and the possibility of it changing in future, he said: "L&T''s stake in the company will come down. How much will it be is yet to be decided. It''s more about price discovery."
The company refused to comment on the changes in offer structure, some of the industry sources said that in the last one quarter the IT services sector has been looking good, which may have made the promoters to relook at the pricing of the IPO. "I think it''s more about price discovery," said a source from the banking industry.
Seems they want ipo prices more steeply after imfibeam successfully high pricing issues, greedily planned,retailers are so fools that they can grabbed at any prices like 900/1000/1100/1200 even 1300 not ruled out , so think cooling getting time after all...
L&T infotech don''t want to come out with IPO, everytime they give some stupid reason for withdrawing their IPO after filing. Market will anyhow do the price discovery if they fix the same. Nobody is waiting on one leg to grab their shares whatever the price may be.
Eagleye ji, there is any extra benifit for who hold L&T?
859.1. Eagleye| Link| Bookmark|
April 11, 2016 8:36:50 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Dunno
859.2. Eagleye| Link| Bookmark|
April 11, 2016 10:50:05 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Dunno = I do not know
858. Eagleye| Link| Bookmark|
April 11, 2016 8:20:26 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Dear Mehulbhai,
I am sorry to give you a bad news ...
Larsen & Toubro Ltd has announced that Larsen & Toubro Infotech Limited had filed the DRHP with SEBI. Due to change in the offer structure and other considerations, the IPO Committees of the Company and Larsen & Toubro Limited, the selling shareholder to the offer, have approved withdrawal of the DRHP with SEBI on April 11, 2016 and the same has been withdrawn today.
at 1000 it was expensive given market leader in this sector was available at less then 17 PE. So the issue would have been a disaster being a big organisation they do not want that to happen, Infact i thing it is good thing dude will stay wit and only good IPO will hit the market
858.2. Eagleye| Link| Bookmark|
April 11, 2016 8:36:11 PM
IPO Guru (6600+ Posts, 22000+ Likes)
I was referring to Mehulbhai''s posting referred below ...
. . .
mehul mehta Apr 9, 2016 7:15:38 AM IST Reply Equitas Holdings Limited IPO
L AND T INFOTAKE BEST IPO and thyro care tech worst ipo
Funds in my friends / family''s bank accounts at bank of baroda, dena bank and kotak bank are still not blocked for Equitas Ipo. What is the status for other boarders ? As per rules, how many days can the banks take to block funds after closing of Ipo ?
Internet banking ka karake applye kiya ta kay if you applye by netbanking your amount is instantly blocked ho jata hai& appliction no. Msg se aa jata hai
@tcb: I donno about other banks: but kotak blocks amount very late. It will block tomorrow . it will block usually 5 working days after you apply for IPO..
856. Eagleye| Link| Bookmark|
April 11, 2016 7:52:08 PM
IPO Guru (6600+ Posts, 22000+ Likes)
IPO in the Pipeline (SEBI APPROVED)
1 K.P.R.Agrochem – DRHP Date: 23-Dec-15 SEBI Approval – 08-Apr-16 2 Dilip Buildcon – DRHP Date: 01-Feb-16 SEBI Approval – 10-Mar-16 3 Ujjivan Financial Services – DRHP Date: 31-Dec-15 SEBI Approval – 29-Feb-16 4 Thyrocare Technologies – DRHP Date: 31-Dec-15 SEBI Approval – 29-Feb-16 5 Nihilent Technologies – DRHP Date: 23-Dec-15 SEBI Approval – 22-Feb-16 6 New Delhi Centre for Sight – DRHP Date: 30-Nov-15 SEBI Approval – 08-Feb-16 7 Mahanagar Gas – DRHP Date: 13-Nov-15 SEBI Approval – 18-Jan-16 8 GVR Infra Projects – DRHP Date: 30-Sep-15 SEBI Approval – 18-Jan-16 9 Maini Precision Products – DRHP Date: 30-Sep-15 SEBI Approval – 18-Jan-16 10 GNA Axles – DRHP Date: 28-Sep-15 SEBI Approval – 08-Jan-16 11 VLCC Health Care – DRHP Date: 24-Sep-15 SEBI Approval – 05-Jan-16 12 Larsen & Toubro Infotech – DRHP Date: 29-Sep-15 SEBI Approval – 04-Jan-16 13 Parag Milk Foods – DRHP Date: 01-Oct-15 SEBI Approval – 30-Dec-15 14 Sandhar Technologies – DRHP Date: 01-Oct-15 SEBI Approval – 28-Dec-15 15 Matrimony.com – DRHP Date: 20-Aug-15 SEBI Approval – 22-Dec-15 16 SSIPL Retail – DRHP Date: 23-Oct-15 SEBI Approval – 08-Dec-15 17 Paranjape Schemes (Construction) – DRHP Date: 10-Jul-15 SEBI Approval – 08-Dec-15 18 Matrix Cellular (International) Services – DRHP Date: 23-Jun-15 SEBI Approval – 31-Aug-15 19 Nuziveedu Seeds – DRHP Date: 23-Apr-15 SEBI Approval – 11-Aug-15 20 Numero Uno Clothing – DRHP Date: 01-May-15 SEBI Approval – 05-Aug-15 21 The Catholic Syrian Bank – DRHP Date: 01-Apr-15 SEBI Approval – 30-Jun-15 22 Amar Ujala Publications – DRHP Date: 31-Mar-15 SEBI Approval – 08-Jun-15 23 AGS Transact Technologies – DRHP Date: 25-Mar-15 SEBI Approval – 01-Jun-15
IPO in the Pipeline (Pending for SEBI Approval) 1 Hinduja Leyland Finance – DRHP Date: 30-Mar-16 SEBI Approval – Pending 2 Seaways Shipping and Logistics – DRHP Date: 30-Mar-16 SEBI Approval – Pending 3 CL Educate – DRHP Date: 30-Mar-16 SEBI Approval – Pending 4 HPL Electric & Power – DRHP Date: 25-Feb-16 SEBI Approval – Pending 5 Quess Corp – DRHP Date: 02-Feb-16 SEBI Approval – Pending 6 Advanced Enzyme Technologies – DRHP Date: 19-Jan-16 SEBI Approval – Pending 7 S.P Apparels – DRHP Date: 29-Dec-15 SEBI Approval – Pending 8 RBL Bank – DRHP Date: 23-Jun-15 SEBI Approval – Kept in Abeyance
855.1. Eagleye| Link| Bookmark|
April 11, 2016 7:54:30 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Dear Mehulbhai,
Please see my post No.859 ... now I hope you will not keep asking for the next IPO ... and thereafter the next IPO ... and the next IPO ... and so on ... Keep this list with you and follow the newspapers for updates
Dr.lal path lab block deal at nse 9:33 qty: 859994, price @1042 but at closing total volume show nse 84000, SEPTAJI Deal done on nse if possible answer me.also any expart any idea
India''s coal imports down by Rs 28000 cr in FY 16 has domestic production jumps in FY 16 or was it all over valuation imports... If domestic production is up who is selling. Since buying by power manufacture and all has not gone up.
The overall demand for coal (both imported as well as domestic) remains dampened but CIL has not cut back on its production & as a result we are seeing a rare situation of coal-surplus in India. UDAY scheme if successful could increase the offtake by power producers & reduce the inventory built up of CIL but I see a ''structural'' decline in demand for coal going forward due to threat of substitution from Renewables.
Of course I''m not totally writing them off but at least they (O&G as well as Coal) are past their prime (i.e. peak demand).
Gravitas coal over invoice was ramped in fact reliance adani and many have been involved beca pricing of power traffic is line to coal important so higher the price higher tariff...
I Actual lost big amount six years on betting big on coal future invested in a south african coal company with big coal reserve backed Ex BHP and RIO as CEO and senior management ....
L&T & AGS withdraw it''s IPO plan to due to bad market conditions.
851.1. Eagleye| Link| Bookmark|
April 11, 2016 8:26:43 PM
IPO Guru (6600+ Posts, 22000+ Likes)
True....
Larsen & Toubro Ltd has announced that Larsen & Toubro Infotech Limited had filed the DRHP with SEBI. Due to change in the offer structure and other considerations, the IPO Committees of the Company and Larsen & Toubro Limited, the selling shareholder to the offer, have approved withdrawal of the DRHP with SEBI on April 11, 2016 and the same has been withdrawn today.