NTPC is the best stock to invest at the current levels, seeing the future plans of the company I feel this stock is at discount, NTPC is a very big company, it is just that government should let it operative smoothly do not be an obstacle and do not make NTPC a social work company, it is big company, bigger than reliance with a share value of 208, you will not get it anywhere, so buy it now
I was the first person who have told that SJVNL and SAIL will be priced in the At maximum rates to give more and more loss to investors. See It’s true. SJVNL will be priced at 30/-. Further I was the first person who has told that Post FPO NMDC and NTPC = NHPC. Who will dare to say when NMDC was 385/-. But post listing you see the result. I was 100% accurate in all the above. As I knew that this Govt. main motto is to LOOT the investors at maximum rates for 4 years 27 days. Now, again I am telling that post FPO / IPO SAIL and SJVNL will be worst than NHPC. This govt. main motto is to give maximum losses to Retail Investors and AAM Aadmi In earlier Govt. we have rewarded so much in ONGC, GAIL, Power Grid etc. Kaha Gaye Wo Din……
NHPC ipo may indian public ko lootnay,thagnay and choore ke jimmaydari laytay huai govt. Ko resien karna chahiya ,and BJP jaise imaandar party ko govt. Banani chahiya.
Satulaj jal vidut , NHPC ke tarh he 2 kaudi ke poor co. Hi, govt. Phir investors ko thagnay a gai. 4 ,5 rs. Fair value ka share rs.30 may par koi na koi tho fool banayga hi.
Non allotment of NMDC Shares against Valid Application:
We had submitted 4 applications in like manner but got allotment only against 3 applications and strangly none against one;to our dismay,the allotment status in this case which showed allotment of 300 shares on 26.4.10 now reads ...."Amount not realised and hence not considered for allotment".The application was for 300 shares @ Rs 330 per share(option 1) & 200 shares @Rs 350 (option 2) with cheque on SBI for Rs 99,000 and was duly lodged at Axis Bank along with our 3 other applications.
On scrutiny of the bank account, we find that the amount of Rs 99,000 was debited on 15.3.10 with entry 'NMDC' against relevent cheque no. but credit of same amout is shown same day with entry 'CAS CORRPR CHQ' which is intriguing.Neither the cheque / application has been returned to us nor any advice has been recieved.Perhafs,there was some banking system failure leading to incopmlete transaction/reversal.
Our contention is that there was a valid application supported by a valid cheque (which can be resubmitted and encashed any time) and so it should not have been rejected for any failure/difficulty in banking system (for which we are not responsible nor were we ever informed/contacted although our contact phones were indicated on the cheque as well as on the application).A retail investor should not be penalised for no fault of his/hers.
We requested Karvy that allotment of 300 shares may be made after realising the cheque submitted with valid application and told that if the cheque has been cancelled/destroyed,we can send a fresh cheque in lieu. We are awaiting Karvy response to resolve the matter / grievance.
Has anyone else had similar experience anytime? Could someone advise the correct course of action or should we reconcile to non-allotment?Suggestions are welcome. Thanks.
I think, whatsoever the market curses about Government IPOs, these companies are the best. They will give you handsome returns in the long term with adequate dividends. After seeing the free falls of Shree Ganesh & Pradip, its better to invest in Government IPOs where by you will atleast get your money back.
J. Kumar,you are right all indian public trahi trahi kar rahi hi,cong. Govt. Swis banko ko bhar rahi hi, inflation nay aam admi ke kamar tode de hi,petrol 85 per barel hi tho 52 rs per leter bik raha hi, BJP govt. Kay time pay 140 per barel tha tab bhi 52 per letter tha, govt. Phir rate badanay wali hi, public cong. BJP KE tulna kary.
My dear sebi ipo listing 12 days karnay say kiya NHPC jaise choor cos. Choore nahi karay ge. Inke naak may nakail dalkar zoto say tab tak peto jabtak yah churaya gaya paisa wapas na kar day, mayra bharat mahaan.