Power Finance Corporation Ltd FPO Message Board (Page 19)

DEAR 856-
wo jo bhi ho per in karvy walo se to service me fast hi hai.
ye karvi wale to kal parso kal aisa kah k 3 din nikal diye.

DEAR 855,INTIME TO VASWANI KA DALAL HAI.

ye karvy walo ne muje phone pe kaha k 12 p.m. k bad shayad PFC ka allotment aane ki umeed hai,or mere dost ko kaha ki shayad PFC ka allotment kal aayega.ye karvy wale kya kar rahe hai.
isse to achha link intime wale hai, jo time 2 time allotment or refund dono ne fast service dete hai.so frndz pfc ka allotment na aaye tab tak plz PFC advance me sell na kare.

Hello All,

Had applied for 504 shares and got 257 through SBI ASBA. Shares Not yet credited to D-Mat account but amount is debited.

Have decided to Hold with SL of of 198

Cheers!!

To 850 : We selected "share not in dp" option and then sell. Tell to sharekhan sell shares.

But confirm some times sharekhan buy at 3:15 under auto buy this could cause of loss.

for icicidirect customers its still not credited to your account though you can see how many alloted in your IPO section.

HI ALL

AS PER TELEPHONIC TALK WITH KARVY PEOPLE THEY WILL UPDATE ALLOTMENT AFTER 11AM TODAY....

How can you sell shares of PFC without crediting to your account??can you provide details.. I couldn;t sell it in Sharekhan. I spoke to them also they told me that we cann;t seel till the shares are credited to the account.

I sold 500 shares yesterday and 500 at today average 202.2/-

I sold 1000 shares at 202.2/-

Not bad

sold 243 shares at 200.80 from my kotak account

You cannot short sell in ICICI Direct.
I have sold my 1000 shares (500X2) in two demat accounts in indiainfioline at Rs. 200.40. Still holding the ICICI Demat shares which can only be sold once the shares come into the Demat.

Cheers and happy losess! Who has applied for 2 Lakhs, imagine, how much you will loss in PFC. Now you will get minimum 15% discount in PFC.
Already this has gone in good discount. You will get further discount as soon as shares will come in DP. Hence, maximum chances that good losses to all investors. This will join the previous race of NHPC, NMDC, NTPC, SCI, SJVNL………… You will get more and more discounts in forthcoming IPO/FPO’s and this will continue for more three years. See my all previous post.
My Prediction was 101% accurate. Now, every IPO whether IPO or FPO, Whether ONGC, PFC or any other every company will give huge discount to investors but that discount will be given post listing. We are 101% sure that's why i have already posted the message.
So happy losses in advance to subscriber of Muthoot Finance and PFC.


Tracking both the side Muthoot may give discount. Firstly it may give discount to retailers on allotment. If not on allotment then you will definitely get this discount immediately on listing day. I think you have understand.
Because 99% companies who have mentioned discount are always come in discount immediately after listing i.e. Reliance Power, Jaypee Infra, NMDC, NTPC, SCI, SJVN etc. The market is at peak leven and if there is meager correction at the time of listing retailers will definitely get more than 10% discount.

i am unable to sell my PFC shares in ICICI DIRECT..i got allocted with 500 shares but when i tried to sell i get an error "Insufficient Stocks allocated.:Please manually allocate by going to the Demat Allocation section"..but if i go to demat allocation page i could not see PFC..i manually allocated the share and now unable to sell..Please help

I am not able to sold the shares from ICICIDIRECT and Geogit

Both says not enough quantity.
On what all brokers you can sell /short sell shares that you able to sell shares ?

Or are you selling intraday and not covering up position ?But both icicidirect and geogit does auto covering at 3 PM

When this will be out of FNO Ban ?

Thanks
Milind

Sreedhar,
What to do? Its already at 200 levels now....
Please guide.

Hello Guys,

Im new to this and I applied for PFC FPO and got 500 shares allotted, please tell me how to sell it today before allocation in
ICICI Direct

Thanks

Procedure for Auction:

Shortages
The Clearing House arrives at the shortages in delivery of various scrips by the Members on the basis of their delivery obligations and actual delivery.


Auctions
An Auction Tender Notice is issued by BSE to the Members informing them about the names of the scrips short or not delivered, quantity slated for auction and the date and time of the auction session on the BOLT. The auction for the undelivered quantities is conducted on T+2 day between 2:00 p.m. and 2.45 p.m. for all the scrips under Compulsory Rolling Settlements except those in "Z" group and scrips on "trade to trade" basis which are directly closed-out. A Member who has failed to deliver the securities of a particular company on the pay-in day is not allowed to offer the same in auction. The Members, who participate in the auction session, can download the Delivery Orders in respect of the auction obligations on the same day, if their offers are accepted. The Members are required to deliver the shares in the Clearing House on the auction Pay-in day, i.e, T+3. Pay-out of auction shares and funds is also done on the same day, i.e., T+3.

Self-Auction
The Delivery and Receive Orders are issued by BSE to the Members after netting off their purchase and sell transactions in scrips where netting of purchase and sell positions is permitted. It is likely in some cases, a selling client has failed to deliver the shares sold in a settlement to a Member. However, this may not result in failure of the Member to deliver the shares to the Clearing House as there was a purchase transaction of his some other buying client in the same scrip and the same was netted off for the purpose of settlement. In such a case, the Member would require shares so that he can deliver the same to his buying client, which otherwise would have taken place from the delivery of shares by his selling client. To provide shares to the Members in such cases, they have been given an option to submit the details of such internal shortages on floppies on pay-in day for conducting self-auction (i.e., as if they have defaulted in delivery of shares to the Clearing House). These shortages are clubbed with the normal shortages in a settlement arrived at by the Clearing House and the auction is conducted by the Clearing House for the combined shortages.











Close-out
Close-out is effected for cases when no offer for a particular scrip is received in an auction or when Members who offer the scrips in auction, fail to deliver the same or shortages pertaining to those groups of securities for which auctions are not conducted. The close-out rates for different segments are as under
•      'A', 'B' and 'F' group
The close-out rate is higher of the following rates :
a) The highest rate of the scrip from the trading day to the day on which the auction is conducted for the respective settlement.
b) 20% above the closing rate as on the day of auction/close out of the respective settlement.


•      "Odd Lot", "T" and "Z" group and Patawat objections
The closeout rate is higher of the following rates:
a) The highest rate of the scrip from the day of trading to the day of auction of the respective settlements;
b) 10% above the closing rate as on the day of auction/ close out of the respective settlement.


•      "G" group

In case of shortages in "G" group, the shortages are closed out at Zero Coupon Yield Curve (ZCYC) plus a 5% penalty.

The closeout amounts are debited to the bank accounts of those Members who have failed to deliver the securities against their sale obligations and credited to the bank accounts of those Members who had bought the securities but did not receive the same.

Shares will be credited in demat till today evening.

DEAR ALL

TODAYS'S VOLUME WAS APOX 65 LAC SHARES IN NSE. DELIVERY PERCENTAGE WILL BE APPOX 50 THAT MEANS TOTAL DELIVERABLE SHARES WILL BE AROUND 30 LACS (AFTER ADJUSTING INTRA BROKER ADJUSTMNENT).

SO MAXIMUM SHARES THAT WILL BE AUCTIONED (ID DELIVERY DOES NOT COME) ARE AROUND 30 LACS ONLY. THAT IS MAXIMUM ACTUAL NUMBER WILL BE LESS THAN 15 LACX SHARES.

BREAKING NEWS FOR ALL:

THOSE WHO SOLD SHARES TODAY I.E. ON 24-05-2011 NEED NOT WORRY AT ALL. SHARES WILL BE CREDITED ON OR BEFORE 26-05-2011 EARLY MORNING. PLEASE DONT ASK FOR MY SOURCE OF INFORMATION. TO CHECK MY REALIABLILTY U CAN CHECK MY PREVIOUS MESSAGES FROM POWERGRID OR EIL OR NMDC ETC...

DONT WORRY, NO AUCTION FOR SHARES SOLD TODAY... ENJOY THE EVENING...