first time ipo of a good company by govt. no one gets cheaper shares. retail portion not heavily oversubscribed. retail holdes will not be in great mood to sell shares cheaper. hni also has got few shares and if anyone who has short sold these shares will be in trouble. fii and qibs will buy these shares for long term. the company is expected to perform constantly. govt. is thinking of allowing higher prices of gas for this co.in nut shell the company's market value will be steadily increasing. first day close will not be less than 1100/
Dear Dev Doss ser no 6675, Reliance money is cheap but irritating acct.As per CDSL SMS money is credited in reliance money acct. but not reflected by them in leder balance, It takes minimum three days to transfer money after reqt of withdrawl is put in.
First of all , IPO expert see the DRHP of NHPC & OIL you will come to know that in all ratios far far better, Secondly , NHPC will not do well if monsoon doesnt support. OIL india has all proven reserves . Reliance industries valuation is because of KG basin Gas, Hind oil exploration, is at such a high valuation though they dont have to much of success in exploration. As P/e of Ongc comes to 13.5 So on conservative basis also at 12.5 PE , OIL will list at 1250,
OIL is better than ONGC on all counts, except one that is size of the company. However, then it is not a mid size compay. Even it commands 10% less PE ration than ONGC it should quote above ONGC price. Let us seen whether there is some logic in market or it works only on sentiments.
Tarun I fully agree with you as fundamentally this is better then cairn india , if in loss cairn can command a rate of more than 250 what is wrong in this , initially it was priced at 1450 upper band, that pricing was very high but this price is bit cool
I expect this Issue to list above 1150 if market remains around here only. If it does not, my reading of the market for the last 18 years must be be flawed. If the market goes down drastically, and it lists below 950, it will be great opportunity to buy and average out. My strategy would be, if it lists
above 1250- sell all around1050 - hold below 950 - buy equal to holding in staggerd manner.
It is not the matter of money, but the mind. I never invested as heavily in IPOs as in this. Hope for the best, I am ready for the worst.
I Think IPOExpert doesnt know what is the valuations, at a PE of more than 35 nhpc was looking good to all but at a pe of less than 12 , OIL is looking bad , I think it will list at 1200 & trade between 1100-1200 for next month as crude is trading week. But if this IPO doesnt work one shuld keep away from market as this was the best iPO of the season even better than Mahindra holidays
I checkd with the Client ID at the karvy web site It is asking for the Cheque /DD No
How can i provide Cheque/DD No,when applied through ASBA???
further i contact with the Karvy According to them they are not in a position to tell the exact details till now abt my application.
I contact with my Bank too in these regard but again here aslo stupid peoples sitted .....saying that the application no A9090047 that i am quoting is wrong.....
Abkya batai yaro.....unki bank ne hi ye application no generate kiya hai....aur usi ko vo wrong bata rahe hai....
what can i do???
Furhter no amouint deducted from my Saving Acct neither Shares Cr , in my D,Mat account.
ASBA APPL 648 you have to check your client id no. on the site or check your bank balance money debited from your a/c if it is allotted on the same day