OFF TOPIC KISSI KO GAIL INDIA KE DIVENDENT MILLA HAI ABHI TAK 5.5 RS PER SHARES MAINE SHARES EX DATE KE BAD SELL KIYA THA MERE PASS ABHI TAK DIVENDENT WALA AMOUNT RECEIVED NAHI HUA HAI GAIL INDIA KE REGISTRAR KO CALL KIYA BUT WO LOG CALL RECEIVED NAHI KAR RAHE HAI ISKE BARE MAY KISSI KO KIO JANKARI HAI TO WO BATAYE DHANYBAD .
@B.M.SURANA@Crow@PKRAJ@Monster Zero@Tejas Pandya Rights issue If there's a ongoing rights issue the renunciation price is 10 but stock price is 29 If i buy RE of 10 then on listing of Re it will become 29 Is my thinking correct or am i missing something. Thank you very much guys for your reply.....
@Riz J RE price is 10, means you will get number of share you purchase to apply shares. When you receive it in your account, you have to apply for the shares at what price the company is offering. Take care about dates. Total : RE Price + share price of offer in right issue. So 10 + offer right price. If it is quite below 29, it will give you profit, otherwise you have to decide. Select good company. Hope this will clear your doubt.
@PKRAJ Raj sirji Apply means via asba i guess correct? Honestly i was asking for south Indian bank Ri. I got the number of shares credited to my demat account now i guess i need to apply for those via asba so if the company issue price is 22 & i paid already so i need to apply via asba for 12 isn't it? Sirji thank you for quick response & you enlightened me or else i was being greed was to apply a lil bigger amount.. Thank you for your guidance & saving my back & hard earned money... Btw i miss you these days since you just be silent & watch & if need you reply... Thank you replying to my post.... 😊
@Riz J You need to pay 22 the issue price fixed by the company. 10 was RE price. Means just like extra for procuring RE. If market price is 29, you have to decide the further action. Hope clear now.
Read somewhere in comments which was new to me. If suppose I apply in BHNI category 68 lots (10Lk+) and in case of allotment I will only receive 14 lots? is that correct?
73.10. MuStrFc| Link| Bookmark|
March 7, 2024 12:47:40 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@KKNeralakatte Yes, in case of oversubscription in BHNI, one gets allotted shares worth 2 lacs only.
Topic off :: Mere ek friend in groww appse highway investment ipo me one retail apply Kiya tha aur UPI mandate accept bhi kr li thi lekin bad me application ko cancel kr de thi aur waha par option dubra apply ka aa raha tha lekin uski ipo allotment bhi ho gya aur amount bhi debit ho gya h how is possible
70.1. UjwalG| Link| Bookmark|
March 7, 2024 8:58:33 PM
IPO Guru (1300+ Posts, 600+ Likes)
I think broker didn't withdrew the application.
69. MAMU| Link| Bookmark|
March 7, 2024 6:43:24 PM
IPO Guru (2000+ Posts, 1200+ Likes)