I am applying IPO THRO' ASBA OF ICICIDIRECT 3 IN 1 account. Kindly inform any investors are using ASBA with depositing money in ICICI BANK's FLEXI DEPOSIT ACCOUNT?. If so please inform the procedure to utilise the same. Tnanks in advance. Anand
440,452 I am also using my FD-OD A/C for IPO.My A/C is in Bank of Baroda Which gives 90% OD limit against I deposited 3lakhs in my A/C. I think, Its best way to apply in IPO.....
461 ckshah: It is possible to get hourly update of Retail Subscription seperately for nse and bse by checking the following two links
http://www.nseindia.com/content/ipo/ipo_current_gppl.htm. Now click on NSE DEMAND GRAPH
http://www.bseindia.com/bookbuilding/newbookbuilding.asp?status=l&ir_flag=ipo Now click here to view Hourly BSE Demand Schedule
(a) Note down Retail Subscription figures from both nse and bse on a piece of paper (b)add both the figures and (c) then divide the total by number of shares offered to Retailers.
For see subscription at NSE we have a process:--first go to IPO, then select Gujarat Pipavav the Nse demad graph. If you want to see full description about this then go to IPO, select Gujarat Pipavav, U can easily get the informaitons....
Otherwise you can get at Chittorgarh, fourstocks.com.
I am mildly positive about this company. There are substantial entry barriers to this business and this company seems to have the requisite technology and operational skills from its promoters. Increased capacity utilization is the key, operating costs will not increase in the same proportion and benefits will flow to the bottom line coupled with reduction in penalty outgo to railways and interest burden. As an investor I plan to put in 1 application to keep me interested in tracking this and then taking a substantial exposure later on market dips if a couple of good reporting seasons materialize. I don’t expect the share price to rise fast on good reports because of the large equity overhang. Short term traders can sell in grey market, the premium would evaporate fast. If you are looking only for some listing gains, then these may be very modest, go for it if you have idle cash and no better ideas or avenues in secondary market. If the IPO at around the same price as the promoters it does not automatically mean “value”. Value investing means paying less than what the business is worth, not paying less than what someone else paid.
I HAVE FDR OF RS. 106000 IN ONE ACCOUNT WITH OBC BANK @ 8% OBC HAS GIVEN ME 95% OD LIMIT OF THIS 106000. THEY CHARGE 1% OVER AND ABOVE MY FD RATE FOR USED LIMIT. THEREFORE I APPLY ONLY IN THOSE IPOS WHERE EXPECTED RETURN IS RS. 1500 OR MORE WITH MINIMUM RISK OF CAPITAL LOSS. MY FUNDS ARE ENJOYING 8% RETURN AND WHEN I USE OD LIMIT APPOX PER APPLICATION COST COMES TO 400 RS. + 100 RS. BROKERAGE DEMAT ETC.
THIS IS A VERY BAD IPO WHICH WILL GIVE LESS THAN A 1000 RS. PER APP RETURN AND EVEN GIVE LOSS AS WELL. SO I DONT WANT TO TAKE RISK FOR 1000 ODD RS.
I WILL BE OUT FOR SOME 3-4 HOURS (BECAUSE OF FNO EXPIRY) SO IF ANY OTHER QUERY I WILL REPLY AFTER 3.3O PM.