Suppose if someone gets allotment in IOC ofs than on which date, he can sell it on open market.
102.2. Septa| Link| Bookmark|
August 23, 2015 9:20:51 AM
(4000+ Posts, 4600+ Likes)
Once the bidding gets over, allotment price is fixed and allocation is done. The successful bidders will be allotted shares directly into their demat account on T+1 basis the very next day. So u can sell very next day
I am going apply at cut off price bcoz seven application changing bid will be time waste plus I see the floor price will be lower given the issue size so a cut of u r grantnee u application is first in line if over subscribed
Simple maths we r getting at 5% discount plus 1.9% so total approx 7% it share price stay at same u make 14000 any increase u make more and u have a buffer of 7% so beg borrow or steal and apply for this ofs
Dera Septa, If you see last OFS thats PFC, you will come to know that, it is not advisable to choose cut off level, as generally these stocks go down more than 5 percents to the cut off price , immediately on 2nd day after opening the market and you will not be able to sell the shares in profit. So, as these OFS is of huge quantity, apply at 1 or 2 rs more than floor price, it will be benificial to you. Aur, agar is price pe alotment nahi mila, to NO PROFIT IS BETTER THAN LOSS. Or , you can short the future in secondary market also.
Navkar Corp IPO a long term story, subscribe: KR Choksey says
98. Septa| Link| Bookmark|
August 22, 2015 11:12:04 AM
(4000+ Posts, 4600+ Likes)
ICICIDIRECT says avoid bcoz of steeply priced and better players in the market with better ROE and EPS and valuation. with market poise in bears phase big AMC see big correction in Indian market by atleast 20% which means index could fall from 8250 7000 level even the chance is 50% i am only going to apply for gems and avoid these high price IPOs
I am new in ipo metter. can I pay application money of 3 applications from single bank account or should I pay it from 3 verious bank accounts? plz. someone instruct.
Are u appling through ASBA or physical form . But PAN of Ist Applicant should be different. If through Physical Form apply as much application as u can from singe A/c. If through ASBA then Max. 5 application from single A/c in SBOP, Axis, but only one from HDFC .In ICICI you can Apply in Asba if u have demat in ICICI
88. Chem cho| Link| Bookmark|
August 21, 2015 9:33:20 AM
IPO Guru (2500+ Posts, 2700+ Likes)
sensex BSE below 28000 AT 27166 and NSE below 8300 at 8236 SHOULD IT CRACK 8200 , THEN 8000 IS AN MUCH
NOW WATCH OUT FOR RAINS AND NOT SENSEX AND ALSO DOLLAR , DOLLAR IS DOWN TO RS 65.75 TAKING MONEY OUT OF COUNTRY AND ONLY COME BACK WHEN DOLLAR IS BETWEEN RS 65 AND 64.5
I am new in ipo metter. can I pay application money of 3 applications from single bank account or should I pay it from 3 verious bank accounts? plz. someone instruct.