Power Finance Corporation Ltd FPO Message Board (Page 30)

can anybody tell me the allotment date of the PFC Shares?

Retailers can get discount while applying for IPOs, says SEBI

In a move to boost retail participation in public issues, SEBI issued a circular stating that any discounts being offered to retail investors in a public issue should be adjusted for at the time of filing the application itself (source: Moneycontrol)

630. shrewd investor

Current Market wide limit in pfc is 96% as on today, as soon as it reaches to less than 80% level FO ban will be revoked.

GMP IS HEADING NORTH IT IS 14 RS AND APPLICATION IS 6900 IT LOOKS LIKE WILL BE 11000 BY THE TIME FPO SHARE WILL BE CREDITED.

Does anyone know when is the Ban on F&O's for Power Finance getting revoked. I have invested 2 full applications, i would like to sell 1000 shares of Power Finance In futures.

pfc 2lac kostak is 4200/4400 premium is -2 discount

PFC: kya RECL, Coal India ki trah surprise de sakta hein

PFC NO FORM NO BHAV SU CHHALE CHHE

PLZ TELL ME

dear shreether, gane, natarajan, rakesh gif and experts, i have sold 2000shares of PFC in futures at 206rs and i will be allotted 3000shares on my 6 full applications, what shold i do,

1) should i sell another 1000shares at 205 in future(dabba) or

2) take a risk for remaining 1000shares without any shorts.

as i have fear of rollover as future is expiring on 25 may and chances of i am not getting allotment before that.

624, arjunraghavan,
If the stop loss is hit and then the target is hit we will sell twice the quantity of shares we hold and we may be forced to cover at higher rates.

Dear K K Natarajan,

"Normally we cant put both target and stop loss. If both of them get hit we will be in trouble. My friends in Karvy help me by putting both and monitoring. If one is hit they remove the other."

Could you please brief about the trouble that you are referring here.

As i told about nifty that it will surely go down now see and
chart structure is very weak of SKS micro so sold it as i told before 2 days it will surely go below Rs. 300

Binod, the retail subscription is 2 times. So looking at that you should be alloted 5 lots approx and you should have some update in about 1 week regarding the allotment.

I have applied for 10 lots -280 shares. How much would be the allotment and by when would we be getting the allotment?

619,stiffknot,
Normally we cant put both target and stop loss. If both of them get hit we will be in trouble. My friends in Karvy help me by putting both and monitoring. If one is hit they remove the other.

KK Natarajan, I use Sharekhan. It allows me either put Target or Stop-Loss. Which Broker allows us to set both Stop-loss and Target?

613, sameerjaipur,
I waited putting a stop loss a little below 205 and sell order at 209. Nothing happened today. I will do it again tomorrow. I think there is no chance for the futures to go down drastically when the market opens, in which case my strategy will fail.

n kumar,
I purchased a lot in expectation of price rise to 212-215. Unfortunately it didn't happen and I squrred of today at 205.70.
Yes, I applied in FPO through 4 full applictions but couldn't able to hedge as it was banned bit earlier than expected.

M Gupta,

Nice informatory post but a small doubt given under point 1. How come shares which are applied and expected allotment which are delivered in FPO can be used to cover there shorts in FNO? sorry if i missed anything.

sameerjaipur,

Brother, why did u squared off today @ 205.70? Have u applied in FPO and if so how many applications. I think it will be best hedging opportunity if u hold until FPO shares which i am unable to do due to ban in futures. R u expecting from now on PFC will not come down to 200 by the time FPO shares come.