Lovable Lingeries Ltd IPO Message Board (Page 13)

DEAR VAS NAT ,
GOOD AFTERNOON,I HAVE SB A/C WITH SBBJ,SBBJ ALLOWS AUTO CONVERSION INTO LINKED FD AT THE HIGHEST INT RATE i e FOR 2 YEAR PERIOD AT 09.75% AND I CAN APPLY THOURGH ASBA WITHOUT BREAKING AUTO FD AND JUST BEFORE ALLOTMENT OF SHARES I DEPOSIT THE REQUIRED ALLOTED SHARE AMOUNT IN MY ACCOUNT AND GET LISTING BENEFIT IF LUCK FAVOURS AND ALSO GET THE INTERSET AT HIGHER RATE.I MAY BE WRONG PLZ ADVICE ME.
WITH REGARDS
TS

Continuation- Considering ASBA application, the money effectively earns 4% since the same is in savings account and therefore the effective cost for ASBA is 10% minus 4% which is 6%.

Shahkc - I too have a similar arrangement with the bank. The bank charges 2% over the FD amount. So the effective interest is FD interest of 8% say plus 2%. So totally it is 10%.

Ofcourse we earn 8% interest in FD on the other hand which is separate and cannot be discounted for calculation of cost of ipo application.

Dont Sell Ur Application for GMP.
Just hold on ur own risk,
It will be more benefit for u every time except some cases.In also some cases u will not get loss but little earning and when u get profit it will much more.
current GMP 90.

ref: 241 the 2% interest is the 11% chargeable by bank and 9% i get on my deposit . so the difference is only 2% p.a.

ref: 241 i have put a deposit in the bank for say, 9% p.a. and against this i have made the arrangement with the bank and by this they have to give us the loan against this f.d. at the time of the allotment for the amount of the allotment. i have to pay the bank for the amount of allotment at the rate of 2% p.a. which is negligible. even if i deposit this amount after selling it on the first day of the listing and getting the sale proceeds from the exchange the interest amount is not bigger. for many big investors this is the fact.

i apply for full application in acropetal,fineottx & got good profit,,Lovable Lingeries ipo price band is over rate so i not applied for lovable
it is reply only after good listing of acropetal,fineottx,sudar

Jisnay apply nahi kiya uskay liya augoor kattay hi.

it should be another reliance power,omkar

I have not applied this,sudar, finolex, aceropatel due to market conditions but they are given good returns for share holders,how hold the shares still market closes on the listing day.who shorted this shares,who become more loss on that day without covering shorted shares,so friends don't short on listing any share without having shares.

THROUGH OVERSIGHT I HAVE SUBMITTED TWO APPLICATIONS ON LINE UNDER ONE DP AND PAN NO. HOW REGISTRAR WILL GIVE TREATMENT. WHEATHER ONE APPLICATION WILL BE CONSIDERED OR BOTH WILL BE REJECTED. IN CASE BOTH ARE REJECTED WHEN LIEN WILLBE LIFTED MARKED UNDER ASBA

Shahkc,

I agree. Amount in ASBA earns interest of 4% in savings account and therefore the effective cost in interest is 8%. Am I right? Therefore the break even on 8% interest cost would work to Rs.267/- per share for HNI.

On the other hand if at all the HNI has his own funds in FD of 8-10 % then the effective interest cost would be 4-6 % on ASBA and the break even would be Rs.234-250/- per share.

Pl correct me if I am wrong.

235, Vasudev,
It is because Gane and Sreedhar have made me a poet. But I beg to differ in one thing. My English may not be bad but to say it is the best is a little too much. Anyhow, thanks a lot.

I have applied 3 full applications. Hoping to get 50 shares in each application..50 shares*Rs80 profit= 4000/- in each application.

break even point of big applicant does not increase.

i would like to give another view on the way the cost of the application is calculated by no.229. as most of the applications of big amount is under ASBA there is no loss of interest to these applicants and hence the

SBI BOND KA ALLOTMENT KAB AAYAGA.

Hi KKN,

I think you should become a poet. Your English is excellent. The best among the many who write in this forum.

221 M Guptha
the retail subscription was 14.5 times at 5pm this was what the nse website showed. The data was collected from nse website at 5pm if u go to " NSE-BSE DEMAND GRAPH" and divide "Total Bids Received at Cut-off Price" by the total number reserved by retail individual investor u will get the figure at that hour. Nse website the data gets refreshed once in an hour and i have clearly written " retail at 5pm was 14.5 times " i am not guessing nor doing any " GUESS WORK" nor misguiding the data which i gave was for 5pm not closing figures

It would have been lovable to apply for Lovable. The thought that I could not apply is still lingering over in my mind. With less money and heavy subscription, I thought it is better for me to wait and increase my chances in the other good issues that are coming.