624. PSR| Link| Bookmark|
April 15, 2019 6:14:23 PM
IPO Guru (1200+ Posts, 700+ Likes)
Now it is official.
Listing tomorrow.
Extract from BSE Circular:
Trading Members of the Exchange are hereby informed that effective from Tuesday, April 16, 2019, the equity shares of Polycab India Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities
Regarding listing date of Polycab IPO please refer page no #583 of prospectus where it is clearly mentioned that the listing date is "on or about 18th April, 2019"
Refer below link http://www.investmentbank.kotak.com/downloads/polycab-india-limited-prospectus.pdf
Polycab is opening new plant at Vadodara, likely to be operational next year. This combined with current growths, the valuation is certainly going to increase. I think it is a safe investment for the long term.
620. PSR| Link| Bookmark|
April 15, 2019 6:02:13 PM
IPO Guru (1200+ Posts, 700+ Likes)
No information with reference to date of listing in the web-sites of BSE & NSE.
However, the Registrar communicated the Expected dated listing as 16-04-2019. Relevant portion is re-produced below.
SCSB (ASBA Banker) KOTAK MAHINDRA BANK LTD Securities Allotted 27 Shares being credited on 15/04/2019 Date of Unblock -NA- Amount adjusted towards allotment (Rs.) 14,526.00 Expected Date of Listing 16/04/2019 Amount of Refund, If any (Rs.) -Nil-
this time also bad luck , applied for 13 lots and got 0 through icici direct, for Metropolis applied 2 lots got 0, and for Embassy Reits also applied for 1 lot got 0,