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January 27, 2011 1:50:19 PM
IPO Guru (2600+ Posts, 2700+ Likes)
OMKAR THOSE WHO HAVE APPLIED DO NOT PANIC I HAVE ALSO APPLIED IN MY FAMILY ACCOUNTS FOR 300 SHARES EACH DO NOT READ FROM THOSE WHO HAVE NOT APPLIED GRADE 3 IS ALLOTED TO COMPANY SIX MONTLY PROFITS 5 CROES TIME 1.50 PM 27/1/2011
i think we need expert guidance on time ..not after ipo closed ...here most of time advice come after ipo closed ..then people will trap d..not able to to anything...i request to all expert to guide people in proper time
With barely an hour to go for the subscription to close today, I feel that the retail category subscription may not exceed 5 times, which means that the allotment will be about 20%. This is a good enough chance to take, even in the absence of any worthwhile QIB subscription. The promoter family, and the pioneer founder at the helm, the company has grown very very impressively, even as a family managed one. It is presently having 4 units and is expanding.
I have subscribed for 1020 shares and hope to get about 200 to 250 shares allotted, which I am sure will fetch me a good profit on the listing day, if I chose to sell. I may however exercise the other option namely, to buy more rather than sell what is allotted, and increase my inventory of the above shares, for reasons which I have stated above.
If u placed ASBA request with ICICIDIRECT, then it can't be modified and cancelled. With SBI/AXIS, you can delete the application before 2PM closing day.
Otherwise send a mail to registrar with all details to stop yr application. Also keep in cc the BSE/NSE aliases.