short term traders plz sell half in grey market cut price will be 45555 grey market premium is 9.5 ......you at least are assured ......10 percent insuarence against listing loss.................
Plz hurryy....as i said watch retaail subscriptiin..............till last hour it has crossed 5 times..........
So plz sell half i ll not post anything for last hour since i am selling in grey market for my clients who have done application so dont blame me that i am not updated my advice.....
Was busy trading till now since last day of expiry.....so could not post......i have already given all fundamentals and strategy for short term guys.......so dont blame me that i am running away as many people have accused me ..........
From http://wiki.answers.com/Q/What_is_anchor_investors
An anchor investor will apply for the shares like a regular investor, at the prices it deems is the best fit. The offer for these investors opens - and closes - on the day before the whole issue is open to the public. Once the entire issue, that is, to the public as well, is over and the issue price fixed according to the book-building process, anchor investors have to make up the difference if their price is lower than what has been fixed.But should their price be above the fixed issue price, they have to forgo their cash.
I am totally agree with your information, on issue price of Gujarat Pipavav Port Limited. it will be 45.00 INR.
Reason: Company has already allotted the shares to Anchor Investors at 45.00 and hence as per regulation Company can not issue at higher price to retailers then FII (ANCHOR INVESTORS)
Bank cannot charge interest on application through ASBA , as money is not flowing out. I ma enjoying the facility with ICICI & Axis for last 6 months. But there has been no charges till date
Thankyou, Ravi Banglore for you advice. I appreciate you sincerety. You have aware us on time. But i have already applied. and also looking at the subscription even if it least at discount the loss will not be as significant and the chance of listing courage will be higher as no body will get much share. happy investing