Dear Prince, wait till 230 PM if you are applying in ASBA & 4pm If physical form.Then we can see how its subscription is going on.If subscription is not good then there is no chance it will list with premium.My personal opinion is it will be subscribed very less in Retail (1-2 Times)
Dear Natarjan, You can sell your right shares the day before they actually list.I did the same for NMDC.Then there will not be as much selling pressure as the actual day of listing.In this you can come out of the issue with profit.
Dear Natarjan, Tomorrow Rei agro will go ex rights.So there is no choice for you but to subscribe,otherwise you have to let your rights lapse or renounce your shares to another person which will be time wasting & troublesome.16th is the last date for applying so you can wait till 11 th.Afterwards send the mutilated form iteslf or otherwise you have got the option mentioned in mdpl.in,the website of registrar .I am presenting the option below. ------------------------------------------------------------ REI AGRO LIMITED – RIGHT ISSUE Application on Plain Paper An eligible Equity Shareholder who has neither received the original CAF nor is in a position to obtain the duplicate CAF may make an application to subscribe to the Issue on plain paper, along with Demand Draft, net of bank and postal charges payable at Kolkata which should be drawn in favour of the “REI Agro Limited-Right Issue” or “REI Agro Limited-Rights Issue-NR” and the Eligible Equity Shareholders should send the same by registered post directly to the Registrar to the Issue. The envelope should be superscribed “REI Agro Right Issue” and should be postmarked in India. The application on plain paper, duly signed by the Investors including joint holders, in the same order as per specimen recorded with our Company, must reach the office of the Registrar to the Issue before the Issue Closing Date and should contain the following particulars: Name of Issue, being REI Agro Limited; Name and address of the Eligible Equity Shareholder including joint holders; Registered Folio Number/DP and Client ID No.; Number of Equity Shares held as on Record Date; Number of Rights Equity Shares entitled; Number of Rights Equity Shares applied for; Number of additional Rights Equity Shares applied for, if any; Total number of Rights Equity Shares applied for; Payment method opted for and the total amount paid at the rate of Rs.19.50 Per Rights Securities; Particulars of cheque/draft; Savings/Current Account Number and name and address of the bank where the Eligible Equity Shareholder will be depositing the refund order; Except for applications on behalf of the Central or State Government and the Officials appointed by the courts, PAN Number of the Investor in case of joint Names, irrespective of the total value of the Rights Equity Shares applied for Pursuant to the Issue; and Signature of Eligible Equity Shareholders to appear in the same sequence and order as they appear in the records of our company. Please note that those who are making the application otherwise than on original CAF shall not be entitled in renounce their rights and should not utilize the original CAF for any purpose including renunciation even if it is received subsequently. If the Investor violates any of these requirements, he/she shall face the risk of rejection of both the applications. Our Company shall refund such application amount to the Investor without any interest thereon. Last date of Application The last date for receipt of the duly filled in CAF is July 16,2010.. ------------------------------------------------------------ See this transcript below For expert opinion http://www.moneycontrol.com/news/business/rei-agro-managementexpert-viewrights-issue_461921.html
HMVL KO FINALY APPLY NAHI KARNA HAI NA? MERE FRIENDS NE APPLY KIYA HAI UNKA KAHENA HAI K LISTING KARIB 10/12 PRIMIUM LISTING GAIN MIL SAKTA HAI.MAINE ABHI TAK NAHI KIYA.
Dear Sreedhar, I was away for 5 days and returned only now. I couldn't read your mail about EIL. Had I been around I too would have bought that. I missed the bus now. However I will catch it at the time of FPO. I don't intend to apply HMVL, unless at the last moment they is heavy subscription.
Agricultural Bank of China's Shanghai initial public offering was about 20 times oversubscribed by institutional investors, a source with direct knowledge of the listing said on Tuesday.
Wonder $22 billion dollar IPO getting such a huge response.Lets see how our biggest IPO coal India which is $2.5 billion ie 1/10 th size will fare.
Ravi, Bangalore/Sreedhar, 1. What is your opinion on the Rights Issue of Rei Agro? As I had 250 shares I have the right to apply for 500 shares. Will it be worth to apply for additional shares? 2. I received the Rights Issue application in a mutilated condition. For a duplicate application I have given a mail to The Registrar of the issue as indicated in the application form. Will they respond in time? What else can be done. Will it be okay if I use cellophane tape and join the torn portion and apply?
SO far very poor response for this not so great ipo.
Nowadays for most promoters IPOS imply Idiotic Preposterous & Overpriced .
Really important to find promoters who had the conscience n guts to leave something on the table for small investors.Some names that come to the mind are Cox n Kings,ARSS,Man Infra,REC,Jubilant food,Technofab,United bank.Hats off to them
Better to weigh options of investing in the company at a lower price in the secondary market.
I don't represent that this information is accurate and hence, don't rely solely on this information alone. Use it only as a source of data that complements your research, rather than completes it.
Investors are advised to take an informed decision on the IPO after independent verification & analysis.
only fools of first order will invest at this high P/E.they think they can fool indians in the name of IPO.stay miles away from these dear fellow indians