368. SkDash| Link| Bookmark|
April 25, 2011 4:11:15 PM
Top Contributor (1000+ Posts, 200+ Likes)
hari-365- i am talking about the data told in CNBC Awaj in Public Issue Corner programme. They told diff data in diff time or may be i hv not listened properly
when will be the allotment. SEBI a long back considering to reduce time for allotment from 15 days to 7 days from the date of closing of subscription. Whwn it will do that ? what this new chairman is doing and what this muthu people are doing ? Why so late
the data displayed below IPO info is addition of nse + bse...
if u wanna see only nse bids...check the link nse bid details link in the same page...
363. SkDash| Link| Bookmark|
April 25, 2011 9:06:40 AM
Top Contributor (1000+ Posts, 200+ Likes)
362-prashant In IPO corner-it was said retail subscription was 6 times- i was also confused, but yesterday night repeat-they said it as 8 times. So it is as mentioned 8.5 times
CNBC awaaj in programme namely 'ipo corner' @ 10 PM, news flashed: retail quota is subscribed by 6 times. But overall subscribtion is shown slightly less w.r.t chittorgarh figures.which is true?
1)CRISIL Equities has assigned a grade of 4/5 to the proposed initial public offer (IPO) of Galaxy Surfactants, which indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India,
2)Galaxy is one of the leading manufacturers and marketers of surfactants and specialty chemicals in India for the personal and home care industry. It produces a range of vital cosmetic ingredients including active ingredients, UV protection and functional products
3)Galaxy’s dominant position in the Indian market (more than 60% market share in its range of personal care performance chemicals). It also reflects favourable business prospects arising from capacity expansion in Egypt to cater to the demand in high-growth markets of Africa, Middle East and Latin America.
4) Galaxy’s strong relationship with blue chip clients, which is supported by its strong R&D capabilities; to its credit,
5)Galaxy Surfactants, which has a portfolio of 66 products with sales across 70 countries, has 18 patents in India and 10 in the U.S. It has applied for 12 more patents in India and 1 in Europe
6)For the year-ended March 2010, it recorded a net profit of Rs 378.8 million on total income of Rs 6.5 billion so it has decent size of operation.
more details will be provided when ipo opens.
bob bond can be applied upto 5 lac from one deemat a/c by filling a physical application form , here allotment is done on fifo basis.
You will get shares into your demat account one or two days before the day of listing. So you can transfer them that day itself, without waiting for listing. You cannot trade them on the exchange before the day of listing but you can do an off-market transfer.
If you sell the shares, you have to give delivery only 2 days later. So you can safely transfer them in those days. This is valid only if you are using a physical broker and not an on-line brokerage. Also, if you go to your bank early in the morning and request it to transfer the shares immediately, they might do it on priority basis and you can sell them by 2 pm or so (my shares get off-market transferred before 2 pm in HDFC bank).