- Allotment expectation is 700 shares for the application of 1 lac in the retail category. - Those who applied for 2625 shares, may get 700 shares in the retail category. - Applicants who have applied for 700 shares, may get 175 shares. - Those who applied for 175 shares will get firm allotment of 175 shares but the ratio will be 2:7.
883. Genius(All prices of PSU issues are high but if you sold than you have also available at low price in future.)I dont think so i also hold REC 4m allotment but bcoz of bad market condition the stock come down & & that time even NTPC (125-135 low), power grad(55-65), IDFC(35-39) etc. etc. they also came down & even private company like RIL was also down (900-950)so I dont agry with u it depends upon market.
nhpc will list at Rs 38 and will make a high of Rs 46 .then it will come down to Rs 28. Buy it at that rate and keep it for 5 years . buy at least 2000 shares . it will make you a milloniare.
Government has fixed the NHPC IPO price at Rs 36 see in economic times thr this link http://economictimes.indiatimes.com/NHPC-IPO-price-fixed-at-Rs-36/articleshow/4898924.cms
All prices of PSU issues are high but if you sold than you have also available at low price in future.REC low is 53.55 and in march it is on 80/-If you have sold it after listing 121 to 125 than U had chance to buy 2x more quantity than alloted in issue same as powergrid also and all