Multi Commodity Exchange of India Ltd IPO Message Board (Page 5)

I Applied for 24 Shares , i Got 6 Shares but they are not reflecting in my dmat account , can anyone help ?

MCX-----OPEN AT 1550 & TRADING OF POST SESSION ....AFTER 10AM CONTINEUS TRADING FOR EVERY CATEGORY TRADER....HOPE IT MAY DOUBLE IN 2 WORKING DAYS FOR TARGET 2000/=

Bava pothumpa!!! Lollu thangamudiyallai

MCX grey market premium is holding up at Rs 400+

Hope for an excellent listing tomorrow.

Trading Members of the Exchange are hereby informed that effective from Friday, March 09, 2012; the equity shares of Multi Commodity Exchange of India Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities:

Should the shares be listed in you Dmat account in portfolio...I dont see them in ICICI Direct...I have been allotted 6 Shares..

Thanks..I can see them now... :)

I think it will start appearing in Demat Allocation around 8 am on Listing Day

can any one trading in mcx ipo on first day? BEZ SEBI NEW GUIDELINES SAYS THAT WHO HAVE NOT ALLOTED ANY SHARES AND THEY BUY IN THE MARKET YOU MUST KEEP FOR 3 DAYS. WHEN SHARES CRADITED IN DP ACCOUNT THEN HE SELLS. IS IT TRUE? AND WHEN MCX IPO REVISED IN "T" GROUP. PLEASE ANY ONE SUGGEST ME ABOUT NEW FORMULA OF NEW SEBI GUIDELINES

Shares of MCX , India's largest commodity exchange, will debut on the bourses on Friday, after having got an overwhelming response to its initial public offering priced at Rs 1032 a share. Going by the prices being quoted in the grey market, brokers expect the stock to list between Rs 1350-1400.
In the process, MCX will also become the first new listing to be subject to the recently introduced price discovery mechanism through a call auction in the first hour of trade. Based on the price arrived at through the call auction between 9:00 am and 10:00 am, there will be a 20% circuit filter on the stock for the rest of the session.
For example:
MCX should get base price of Rs 1350-1400 in first hour of trading - a call auction hour," says market expert Arun Kejriwal. A base price of Rs 1400 and a circuit filter of 20% means the stock can move between Rs 1120 and Rs 1680 during the day.

It is commendable to note that the confidence in the MCX IPO is so strong that its shares are currently quoting a premium of Rs 400-410 per share in the grey market. But as per the new SEBI norms, we believe that the conventional listing day gains that investors saw in the past issues would not occur here.

As per the new norms, investors must note that the shares of MCX would initially go through a pre-open session period which will last for an hour between 9 am and 10 am. During this period, investors would be allowed to punch in orders, modify them and/or cancel them during the first 45 minutes. The rationale behind such a move is aimed at protecting the interest of the retail shareholders from artificial price-rigging on the bourses.

However, the real deal of the new norms introduced by SEBI state that all the IPO listings on the bourses would be controlled by circuit limits right from day one. As per SEBI, in case the equilibrium price (price at which the bid rate matches with the ask rate) is discovered during the pre-open session, the price band for normal trading session shall be 20 per cent of the equilibrium price. In case the equilibrium price is not discovered, then the 20 per cent circuit limit would be applicable on the issue price. While the above mentioned rules are in place for companies with issue sizes in excess of Rs 250 crore, the ones with issue size up to Rs 250 crore would have set circuit limits of 5 per cent either on the equilibrium price or the issue price as stated above.

Therefore, as MCX falls in the bracket of Rs 250 crore and above, its shares would trade within the range of 20 per cent either on the equilibrium price or on the issue price. If in case the equilibrium price is not met during the pre-open session and the issue price becomes the trade open price during the normal hours, then we won’t see a price in excess of Rs 1,238 per share on listing.

Hence for all those investors who apply to IPOs with a view of enjoying stupendous listing day gains, these norms would imply a cap on their expected gains. While, in view of the broader markets, the pre-open session will help reduce the high volatility and price movements witnessed on the first day of listing, it is still to be seen how things pan out on the day of the listing. With MCX being the first IPO to hit the markets post the announcement of the new norms and judging by the ONGC auction flop show, SEBI would be under tremendous pressure to pull off these new norms with success.

dear harish,
the link by 'bnglr king' should help u. and following link shuld shatter ur mind. ONGC auction was a kind of financial scam or cheating to investors by the very govt of india. follow below:
http://www.firstpost.com/business/did-lic-break-any-sebi-norms-in-its-purchase-of-ongc-237904.html

In pre open session price will be discovered through auction call mechanism means discovered price can be 1500,2000,2500 no circuit limit applicable to that

Hi Frens...

Check ur bank accounts..

Amount credited in my BANK OF BARODA accounts just few minutes ago..

HAPPY HOLY TO ALL .wishing great listing tomorow.

yes not recd asba amount in sbi for mcx ipo.

Dear Members,

Let us wait for few days have some patience hold on the shares u got, and see how much u r going to gain. please be wise.

multicommodity exchange
I APPLIED THROUGH SBI ASBA....MY ALLOTTED SHARES WERE CREDITED IN MY DP a/c yesterday....but the blocked money in SBI is not yet released ..... WHY?

Dear Mahalingam S,

Same in my 3 applications of difference names. Blocked amount not yer released. Shares credited to DP accounts

I applied through offline for 192 shares. How will i receive refund? by cheque or direct credit to account. If by cheque when should i get it?

the issue is not listing on NSE.it should have been listed on NSE.

at what price i should buy mcx shares in the stock market

any price between 1032-1332

listing price may not be so high but if u wait good return will come.

Hi All,

Can I trade in MCX on listing day?? can it list up by 20% and end up 50% up?

It "can" end up 50% and u "can" trade.

yes, of course.but considering budget in near future we shud wait and watch. that is best strategy for now.

Hallo dear CONG.GOVT. Black money,swis bank a/cs ,Gotala, petrol price U.P DEKHA AB 2014 DEKHO pata saaf.

http://karisma.karvy.com/investor/jsp/basis_dynamic.jsp

mcx allotment site c this web site

allotment ho gaya hai 8 share 2 lac me... enjoy thanks
demat me aagaye hai
friday ko listing hai

i got 6 Shares and i applied only 24 shares :)

ANYBODY state bank of india ASBA released ? koi toh batao kya karo sbi ka? lock nahi khola hai asba ka

Hi,

My SBI ASBA did not get released until evening. However, my alloted shares got credited to my DP A/c.

Applied trou SBI and Mine released yesterday itself