Shareholders in urgent need of quick money : Enjoy the bumper listing gain and sell.
Shareholders who want to safeguard the investment : sell some shares on listing day, recover the principal investment, stay invested with free shares. Enjoy the dividends for long-term and see the appreciation in the share price on a consistent basis.
Shareholders with long-term view : Sit back and enjoy the ride and dividends.
in short : IT'S A PORTFOLIO STOCK HOLD FOR LONG-TERM.
Applied for 5 applications (1 lot each from 5 different PAN numbers using SBI ASBA netbanking). Got 0/5 allotment. Have they rejected ASBA applications or it was my bad luck ??
No boss, they have not rejected the ASBA applications. I applied from 2-different a/c with 2-PAN nos. from ONLINESBI.COM. In one, I got allotment of 40/640 shares and in another 0/640 shares. So, it means, ASBA is still working fine. Thanks.
Better sell 2 application lots and book profit. Keep the 1 for as long as you can as it will be cost free.
648.2. NRI Investor| Link| Bookmark|
October 10, 2019 1:03:46 PM
Top Contributor (200+ Posts, 300+ Likes)
No. I will hold all 3 applications for long term n enjoy dividend. This is portfolio stock to hold for long term. Holding HDFC life, Bandhan bank, HDFC AMC for long term since IPO price