No... Application can be withdrawn only during the bidding period. There is no option to withdraw after closure of bidding period whether u write to registrar or not.
Out of all the negatives like misuse of state owned Financial Institutions, Overpricing of PSU IPOs, riding roughshod in legislature wrt financial matters, the only positive thing to come out here is the reluctance of Retail Investors to apply for such issues. "Ye public hai, sab jaanti hai''.
Mr FM got it wrong. Should have priced at 50000 a share and overachieve disinvestment targets. LIC he na. Listing he saath bhi and listing he baad bhi.
132. dpcdsl| Link| Bookmark|
March 20, 2018 5:57:04 PM
Top Contributor (400+ Posts, 200+ Likes)
Employees of HAL are also not confident about gain hence skip the issue. It may now be available post listing in 3 digits means less than 999/-.
This is a massive fraud..........use of taxpayers money to bail out these expensive IPOs for the last many years. It sucks. Retail investors are again taken for a ride
Nice and fitting reply from retailers to saheb. There was no necessity to bring in LTCG tax when retailers are trying slowly take positions at equities