Power Finance Corporation Ltd FPO Message Board (Page 10)

1035. GOOD BROKER

Mr P C Jain is asking to those who are stuck due to unnecessary delay by karvy.

If u hv not sold on 24 then kindly keep youself out of this matter.

I have been told by one agent of karvy on 24/05/2011 12 P M that credit to demat account within 24 hours.

This act of karvy shows corrupted indian system. I also going to complain sebi for said issue.

@ JigarShah
First of all, let me appreciate you for your clarification and giving a good reason why the Board Star Contributors are not active in IPO Message Board. Actually I was expecting the answer from Star contributors.

But do you believe that because of one or two person’s adverse remarks on one person, all the Board Star Contributors should left the field and not play the game. In this forum some person are worshiped like a god and they should not behave like this and leaving the retails investors on the mercy of god. You may be bad for one or two person but not for all other persons who blindly follow them. Therefore for the benefit of all the retails investor I request Star Contributors to participate and help out the investor and reply to their queries.

@ Fools broker
Your English writing is not up to the mark there are so many mistakes in your reply. If you are not comfortable in English then use your local language to communicate or improve in your English writing and at least take one positive thing from this discussion.

@ SkDas
Very smart answer.

Since the PFC FPO is not yet listed and majority of investor are suffering from this FPO, all are supposed to share their view for the benefit of all investors.

Dear Freind Good Broker
Have you read the The Times of India Paper If yes please let me Know where the process of Share took place on 24 May, 2011 when shall the same should be credited in our DP Account.
I agree with you that listing on friday but the credit of shares should be earlier.
As per your view credit should be given on the listing day I think you are wrong on the credit of the shares, For listing day you are right.

Please give the correct format how to write a letter to SEBI please Help other small investor instead of Judging others.

I just love these Govt. Companies. they just come, suck and go. Kudos to the govt for another successful issue. It's amazing they managed a 4.3 times subscription for such a week stock which is in down trends for the last 8 months with no visible support, fundamentals too don't support the pricing, really not sure what's the expectation here. With such an amazing track record of govt FPOs, people are still interested in this.

AMAZING!!!

Dear Friend
Please call company complience office Mr J S Amitabh & raise a query that In Times of India & Economic Times the advertisement of PFC basis of Allotment says the share have been credit to suceesful DP on 24 may 2011 then why credit has not taken place within 24 hours.
Company Phone NO. 011 23456020.call immediately.

P C JAIN

WHY should others write when you have made an mistake who tould you to sell the shares with out then in dp also your format to write to sebi is wrong

as per SEBI norms KARVY is correct 12 days listing is on friday

Hi ALL,
Does anybody use Reliance Money?
when i tried to sell Pfc-eq by selecting productcode as MIS it allowed to shortsell but i think this will be automatically squared up @3.00 pm. Do i need to wait until allocation of shares into my Dmat for selling pfc fpo shares or can i do the above procedure and deliver the shares tomorrow?

I have faced auction in Sudar Gaments.I short sold 100 shares of Sudar Garments through my Sharekhan Account at an avg price of Rs.111 and didn't recover them. I faced Auction and shares were purchased at an avg price of Rs.106.Effectively,10600 were debited from my account and 11000 credited.So,I earned Rs.500 in this transaction.No penalty was levied on my account.

Dear Friend,
I request all the small investor to write a letter of email to SEBI requesting to postpone the settlement of PFC till tomorrow.

Dear Sir,

Sub; Postpone the settlement of PFC till tomorrow.

We small investor request the authority to post pone the settlement of PFC till tomorrow as we have sold the shares on Tuesday thinking that we will get the credit by wednesday. But due to the negligence of Karvy the credit of shares not taken place, Where as in Economic Times of India Karvy had advertise the Basis of Allotment of PFC & said that credit of share took place on 24 May 2011. Then why there is a delay.

Thanking you
Regards

Sebi Email ID
sebi@sebi.gov.in
chairman@sebi.gov.in ( PLease forward a copy to SEBI Immediately)

Hi ALL,
Does anybody use Reliance Money?
when i tried to sell Pfc-eq by selecting productcode as MIS it allowed to shortsell but i think this will be automatically squared up @3.00 pm. Do i need to wait until allocation of shares into my Dmat for selling pfc fpo shares or can i do the above procedure and deliver the shares tomorrow?

1025. Tiger n Tiger

Auction for Trade Date 24/05/2011, Starts at 2 P M in BSE, Auction Price depends on whether its a closeout or whether its a market auction.

You can know the Auction Price by 3.15 P M Today

1025. Tiger n Tiger
yes we will get the credit....
but we have to pay some palanty charger....

Dear Friend,
My Demat account is with Sharekhan & in backoffice Backend the credit is showing but unclear. Even my instruction slip rejected by NSDL saying unclear.
If anybody having demat account at sharekhan ask them to check at backend in backoffice.
We retail investor should unite & stop subscribing any issur by Karvy this is way to teach a lesson to Karvy. If retail investor wont subscribe to it no company will give work to karvy.

sms from DP that share credited will start now, watch your mobile.

1. Can any one tell me if, Auction occored below our sale price, Would we get credit of that ?

Hi all,

App#7591096X : Applied for 56 - Allocated 0
Today in some leading papers I saw the Basis of allotment, in which it is stated that 'FIRM' allocation of 28 (for all who applied for 56).
But alas! Not in my bucket.

can someone throw some light on this!

@All : Noone can predict market with 100% accuracy.If someone is investing in stock market,he/she should always remember "INVESTMENTS IN EQUITIES ARE SUBJECT TO MARKET RISK". But many Chittorgarh users give very good predictions,so the best strategy is to encourage suggestions. If you have got loss,then rather than criticising someone, take the blame on yourself,afterall the final decision was yours.
I am silent reader of this forum and have gained a lot from advises of Chittorgarh active members.Thanks to all.

PFC is at 196 now. When the FPO closed, it was at 216. Why the hell are we investing in FPOs? The stock market is crap. Nobody cares about retail investor. Why can't short selling be banned for a stock when its FPO is on? Why can't FnO trading be suspended when FPO is on?

5%DISCOUNT RETAIL INVESTOR KO,
KAHA GAYA 5% DISCOUNT ?

@Fools brooker

Its depend on people and their nature how they take it...

@SkDash

I know its not fully correct for all star contributor. But people are asking abt. PFC Allotment / whether to hold or sell / at what price / when etc. Still no answer coming from them. I am seeing normally all comments from all members. However if anyone escaped from my side then sorry....