792(nhpc will list at 41-42 &will come down cost price due 2heavy selling) I dont think it will happen. if u r thinking that as retal will get more share & they will come 2 book profit but there r more demend in FII & MUTUAL FUND bcoz they will get very less allotment of share. so demand will be little more then suppley
It doesn't make any difference. Yes of course, because the money is in your account only, so you get the interest. The amount for the allotted stock only will be transferred from your account.
Grey market premium in Jaipur shot up to 4500 in Jaipur, and a very positive sentiment is building around. I am expecting NHPC to list at around 50-55 Rs, and that will sum upto an excellent listing gain assuming 720 shares/2625 shares applied in retail catagory. I have already factored in the cut-off and under subscription of Employee's quota.
satyam, regarding ur quiry about ICICI Direct. Money in hold not free. That means money will be always in your account but u can't use money any whereelse. It is ABSA system
"UCA" One thing i would like to ask that if they are having enough number of bids/application for cut off price then why they will consider for bids which will be less than the cut off price..........answer me if you can,,,,,,,,that may improve my knowledge
Thanks a lot "U C A" first time i come to know that....... means you want to say that we should bid for range of bids i.e. as u described.......Thanks "U C A" i will apply same for OIL INDIA IPO, hope it will work as you have suggested...........
Money has not been deducted since 'ASBA' option was checked by default when you applied for the IPO. ASBA stands for <b> Application Supported by Blocked Amount</b> In this option, money will not leave the account but just get blocked. Money will later get debited based on the number of shares allotted to you.
Dear Friends, I have applied for 10 lots (1750 shares). How many share i can get. if any body is technically sound please guide me regd sam. What is method of allotment of shares