PLZ DONT WORRY ABOUT FALLING PREMIUM OF ILFS, ON LISTING DAY IN 5 MINUTES IR WILL BE CORRECTED, QIBS WILL MAKE A KILLING IF THEY SAW THE SHARES BELOW 280. REST ASSURE OF ATLEAST 300...
BUT IF U R STILL WORRRIED U MAY CANCEL IT & GO FOR PSL WHERE GMP IS HIGHER BUT THERE WILL BE NO ALLOTMENT...
retail segment in IL&FS has been subscribed 4.5 times. Not including employees quota and some applications below cut off very crudely we can consider it 4 times over subscribed.Hence lot size/4 will be rough calculation.Those who have applied 12 will get 3 full lots and so on so forth. I do not know whether division will be lot basis or share basis.
gain on selling shares within 1 year of purchased are taxed as short term capital gain. presently you have to pay 15.45% of exact capital gain, which is cost of share procurement minus nett sale amount after deducting expenses like brokerage, stt etc
Yes the profit will be taxed if you choose to sell the shares within one year from the date of listing. The profit shall be added in your annual income and you will be taxed according to the bracket you fall in.
yes if you choose to sell the shares within one year of listing then yes the profit shall be added to your annual income and taxed according to your tax slab
Hi, I applied for ITNL IPO and gave 3 bids for 200 shares @ 242, 250 and 258 from ICICIDirect.com. Instead of checking the 'Cutoff' checkbox for Bid 3 (with price 258) that populates the max bid price, I directly entered the price as 258. My questions are: a) Will my bid @258 be considered in case ILFS mgmt prices the issue at cut-off b) What are the likely number of shares that I might get in allotment? Thanks