Power Finance Corporation Ltd FPO Message Board (Page 14)

Rostogi
an power finance company is getting bank licence

are you gone mad
do you know what is the resolution pfc has made

what is the norms of geting bank licence

MR ROSTOGI
IN which world you are you are you are showing me an circular dated 2007 in bse web site
read the latest norms is 12 bank working days from the date of closer of issue latest

can be ealier but not after 12 bank working days so count 12 working days from 14 may i hope you are poor in maths




rastogi's - IPO Recommendations, IPO Comments, Public Profile

http://www.bseindia.com/about/abintrobse/listsec.asp

As per SEBI Guidelines, an issuer company should complete the formalities for trading at all the stock exchanges where the securities are to be listed within 7 working days of finalization of the basis of allotment.

This includes allotment, refund orders, transfer of shares to dp and finally listing. Basis of allotment was done yesterday. So karvy has 5 more days to trap short sellers.

Remember govt has to sell kachra divestment like SAIL/ONGC/BHEL/BPCL to come out of fiscal defecit. If they dont trap retailers in PFC they wont be able to sell SAIL or BPCL which are below average in peer comparison.

Not only retailers, govt has to give returns to FIIs and QIBs too for selling next few garbage FPOs. Thus this delay. Many HNI sold shares and now covering. Also there will be FnO ban lift tomorrow so extra-smart people may cover shorts and thus bring price up.

Having said all this, PFC is a 192-203 range share for coming few days. And don't forget, PFC will be on top of list for getting bank license with IFCI and Bajaj the other 2 most probables

hey guyz share will defenately credit in there dp account in morning,,,i just got the msgs

hey guyz a huge cheers ,,,,i just got my shARE in my acml demat account....hey everybdy guyz plz confirm their allotment

every time the share are credited in my account i recive an SMS in the night by 10 pm time is ticking since i have not recived SMS till now i donot see any shares will be in my account on 26/5/11 morning time 10.21 date 25/5/11

this advice you should have been recived from STAR CONTRIBUTORS they do not now any think the are get being given credit

WHERE IS VAS NAT MY FREIND I HAVE NOT HEARD OF YOUR COMENTS

http://www.bseindia.com/about/abintrobse/listsec.asp

As per SEBI Guidelines, an issuer company should complete the formalities for trading at all the stock exchanges where the securities are to be listed within 7 working days of finalization of the basis of allotment.

This includes allotment, refund orders, transfer of shares to dp and finally listing. Basis of allotment was done yesterday. So karvy has 5 more days to trap short sellers.

Remember govt has to sell kachra divestment like SAIL/ONGC/BHEL/BPCL to come out of fiscal defecit. If they dont trap retailers in PFC they wont be able to sell SAIL or BPCL which are below average in peer comparison.

Not only retailers, govt has to give returns to FIIs and QIBs too for selling next few garbage FPOs. Thus this delay. Many HNI sold shares and now covering. Also there will be FnO ban lift tomorrow so extra-smart people may cover shorts and thus bring price up.

Having said all this, PFC is a 192-203 range share for coming few days. And don't forget, PFC will be on top of list for getting bank license with IFCI and Bajaj the other 2 most probables.

Dear Friends

Why people are making so much hue & cry on credit of shares in DP A/C. Those who have short sell the shares without having them in DP A/C should remain prepeared for taking the losses. This is Indian market where anything can happen. Delaying credit can give huge profits to brokers who can find many ways to get credit delayed. They can even spend some money for it. In India you can do anything for the gains. No body is stopping them.

It is better to avoid short selling of new issues. If the listing of any issue is expected to be in discount or with marginal gains, then it is better not to apply for such issues evenif it is highly graded or is having retail discount.

You should apply in only those issues which can give benefits in short as well as long term irrespective of its listing price.

any idea when PFC refund will be credited to my bank account..usually it gets credited before the crediting of shares

why you people want to write any think which is not known to then now where the minister comes into the picture when as be sebi norms the share has to be listed in 12 working days from the date of clouser of the issue since 17 was holiday listing date should be friday 27/5/11 or earlier it can be 26/5/11 also now karvy has the point to credit it on today night or 26/ night so if it is not credited to day night then donot shout it may be an trap for the short sellers it be best if it is listed on friday
but as far as i feel it will be credited to night

best of luck



942. mukesh kr May 25, 2011 9:22:21 PM IST | Like | Report Abuse

mukesh kr's - IPO Recommendations, IPO Comments, Public Profile

shares will be credited in accounts on 26th in 2nd half, auction confirmed for those who sold shares on tuesday, permission not yet received from ministers as per karvy





942. mukesh kr May 25, 2011 9:22:21 PM IST | Like | Report Abuse

mukesh kr's - IPO Recommendations, IPO Comments, Public Profile

shares will be credited in accounts on 26th in 2nd half, auction confirmed for those who sold shares on tuesday, permission not yet received from ministers as per karvy

why u so sure m gupta

Mgupta :For whom auction will be valid

AGAIN I HEREBY REQUEST THE BOARDERS TO NOT TO PANIC...

U WILL GET SHARES BY TOMORROW MORNING......

ITS 100% SURE....

shares will be credited in accounts on 26th in 2nd half, auction confirmed for those who sold shares on tuesday, permission not yet received from ministers as per karvy.

Oh well pfc shares have been alloted , but it will take tomorrow afternoon to get be credited in your dp account. So, those who have yet not sell pfc shares are going to make huge profit bcoz tmrw is expiry. sO pfc will go to levels around 208-212. hence take your profits and be happy.
thanks.
sumant

in my 2 account 500+500 sher coming soon
desaibhai
099-520-6900
thanks to karvyyyyyyyy

Today(25/05/2011)210 shares of PFC@202/- sold by me through SHORT SELL order using Sharekhan A/C. Can any body tell me,by what date and time shares should be cedited into my account so that auction of shares can be avoided.(500 shares alloted to me through FPO OF PFC).
Thanks

boss kuch news hai kya allotment of pfc fpo

Today(25/05/2011)210 shares of PFC@202/- sold by me through SHORT SEE order using Sharekhan A/C. Can any body tell me,by what date and time shares should be cedited into my account so that auction of shares can be avoided.(500 shares alloted to me through FPO OF PFC).
Thanks

HI Pc jain,

Could you explain me why this auction occurs beacuse of the delay of shares credited to dp.
What is the benifit of this auction

Dear Motivator p.c.jain,

Why are you so confident, It will come ?