Just remember one thing and that is that GMP is nothing but manipulation. MGL may not list at such a high premium. If it lists then good. If it lists below 500 its an opportunity for all those who have not been allotted any shares.
L&T infotech can be bought and held on to for a reasonable period of time. However, we must factor in the headwinds that IT sector is facing in the short term due to BREXIT. Also, issue of H1B visa in USA is becoming major controversy due to US presidential campaign( read Donald Trump tirades). L&T infotech is a very small player in the IT industry and how well it will be able to manage the crisis is a bit doubt full. Investors must weigh in all the factors before applying. I would most probably apply. Let''s see. Yet to make my mind.
I am using PNB ASBA portal, had a case of twice deduction of money for MGL IPO. Can you please explain me how should I proceed for getting that refund ..??
I also had a case where my transaction was unsuccessful but money has been blocked in IBS account. Please help me someone I am new to all this process. PNB ASBA sucks.
I also had same problem. I tried around 5 times to apply MGL IPO through PNB ASAB but at last step of blocking amount it gives error message but in saving account amount blocked. When I checked IPO application status it shows that lien not marked. Even until today, MGL amount is not released in PNB saving account. All applications end up with the error message. Then I applied through AXIS Bank.
Just go to your bank and inform them...... They will check that Agar double deduction ke liye application number same hai than bank will correct it shortly.......
MAHANAGAR = MAHASUBSRIPTION > MAHALISTING???? If lists above 550, surely it will be MAHALISTING, Between 525-550, a reasonable listing. It remains to be seen what game operators will play, as IMO operators don''t fancy this sector. Remember Ujjivan listing, where operators made a subdued listing and subsequently it rallied to 400+. Hope it lists above 500.
allotment seems very faulty.please check & get clerified. It''s first time a psu share allotment is under suspicions. very serious matter.retail reserved quota is also diverted.also process not transparent.please get clerified.
There is nothing suspicious, computerized allotment. Nowadays, retail make multiple and large number of applications, though it is not illegal to do so... that reduces chances of allotment..