I have been allotted 74 shares of Adani PowerI had applied through ICICI Direct. I would like to know whether the refund will come directly in my demat account or on my mailing address?
NHPC listing to be arnd 42-43.. Listing needs to be good for the companies which are coming with IPOs. The logic is simple.If this IPO being a gov one with strong fundamentals performs below par or say even at no loss or no profit then the retailers will lose confidence in other upcoming IPOs and raising money will become difficult for upcoming companies. As retailers i will suggest people to remain calm as more than us the companies which need to raise money they need to be tensed. Happy investing.
we can check the status at http://203.199.177.158/ipo/ or http://www.karvy.com/ipostatus/.
But seems the website is not able to handle the rush and is shatterred. When i checked last, they have took NHPC out of the dropdown and only Adani and Mahindra status is available
Closing Date - 12th August Allotment Date - 24th August (13th Day) Refund Date - 25th August (14th Day) Listing Date - 1st September (21 days)
IMPORTANT - for all IPOs - as per SEBI Circular - IPO shares will be considered for listing in the Derivatives Segment ONLY AFTER 6 MONTHS of trading in the Cash Segment.
Accordingly, NHPC will NOT get listed in F&O immediately.
FM was on TV - said that Hydropower generation will suffer because of drought.
Investment Banking Circles are saying - Listed expected at 45/-