If i will loose money on this ipo...i will never apply for PSU IPO''s in my whole life......Goverment should list it above issue price to make interest of all investers in Govt IPO''s ..
Congress ho ya BJP both partys have destroyed wealth of PSU cos and small investors .. see the halat of ONGC GIC NHPC SJVN SHIPPING CO etc IPOs Congress was far worse but BJP is not that different ... finally liyars and babus control arthik mantralays
After REL power and ONGC ipo mkts had fallen ...Lets see what GIC brings!!
karvy only knows to ''REJECT'' you should have asked em if it was possible to revise the bid quantity as you would love to get a bigger chunk of the stock and they would have desperately figured ways to disqualify your bid. It''s the reverse psychology that works well with such cynical people.
776. R R Patel| Link| Bookmark|
October 19, 2017 2:50:52 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Every investor will get full allotment in this IPO who applied at cutoff or 912. Listing on October 25, 2017 and expected around 900-935. So don''t be impatience and enjoy Diwali. Have a great time ahead ????????
if the allotment is at 912 then lets see how the issue opens ... if it gives a diwali gift or nightmare to small investors ... and how much the govt is willing to do market making to support gic in the markets on day one to 5 of listing.. If they don''t support their disinvestment targets will be screwed .. Come to think of it if they had gone for lower 855 then they would have got a lower revenue from this disinvestment and noise and din in parliament ,,, Now they can manage the markets with not too many questions asked !!
I had gone to karvy mumbai to submit a letters for withdrawal of bid as per asba guidelines issued by sebi They took 30 minutes to confirm from hyderabad if they can accept said letters after closure of issue on NSE/ BSE in direct violation of sebi rules..
Govt should have declared final rates at EOD or saturday morning ... this doesnt instill confidence in small investors that when most of the issue was mopped by LIC
btw they did not accept said letters stating that they were not permitted to accept the same
771.2. Chem cho| Link| Bookmark|
October 18, 2017 6:45:41 PM
IPO Guru (2600+ Posts, 2700+ Likes)
as per the new guide lines you can cancell the bid before the issue closes ie if you have bid in sbi on line you can cancell the bid before 14 00 hrs ie the last day of issue close after that no cancalletion is allowed
771.3. Chem cho| Link| Bookmark|
October 18, 2017 6:47:21 PM
IPO Guru (2600+ Posts, 2700+ Likes)
@yazoo hey! why don''t you write a nice travelogue of your almost divine karvy expirience? the ambiance, the mood there and how the demigods helped you reach out to higher deities in hydrabad and all. that must beat all told/ untold divine expiriences so far.even the people returning from Amarnath yatra, Haj or Bethlehem would feel jealous.
Who is your source ? as per my info ASBA bids can also be withdrawn. During the bidding period you can approach the same bank to which you had submitted the ASBA and request for withdrawal through a duly signed letter citing your application number. After the bid closure period, you may send your withdrawal request to the Registrars, who will cancel your bid and instruct Self Certified Syndicate Banks (SCSB) to unblock the application money in the bank account after the finalization of basis of allotment. Im taking a call to goto sebi or courts as i have mailed them letters for cancellation of bid