Power Finance Corporation Ltd FPO Message Board (Page 38)

POWER FINANCE CORPORATION LTD FPO

DO NOT WORRY FREINDS I HAVE APPLIED FOR 504 SHARES EACH IN FAMILY ACCOUNTS IE 18 TIMES
RATE WILL BE RS 3 TO 5 PREMIUM BUT NOT LOSS
ALSO YOU CAN WITH DRAW YOUR APPLICATION BY FAX TO KARY SAYING I WANT TO WITHDRAW MY APPLICATION FAX AND EMAIL Fax: +91-40-23311968
Email: einward.ris@karvy.com
FOR EMAIL YOU HAVE TO WRITE AN APPLICATION SIGN IT AND GIVE DETAILS LIKE PAN NUMBER DEMAT ACCOUNT NO NAME OF BANK AND IMPORTANT APPLICATION NUMBER SEND SCAN COPY WITH SIGNATURE

THOSE WHO HAVE APPLIED DONOT PANIC FOR THE LOW SUBCRIBTION AT PRESENT IT WILL BE MORE 3 OR THAN 3 TIMES IN RETAIL

Only in NSE
***********
QIB-6.55
NII-0.59
RII-0.95
Emp-0.02
Tot-3.69

QIB SUBSCRIPTION IN PFC
India's largest insurance company LIC subscribed for Rs 4600 crore worth of shares and ICICI Pru Life applied for shares worth Rs 875 crore.

ICICI Prudential MF subscribed for shares worth Rs 500 crore and Merill Lynch & GS p-note Rs 700 crore each. Reliance MF put in bids for Rs 450 crore worth of shares, HDFC MF Rs 300 crore, Standard Pacific for Rs 900 crore and GMO for Rs 170 crore.

Birla MF participated in the issue by subscribing for share worth Rs 126 crore and Birla Life for Rs 200 crore. Bank too stepped in to get a small chunk - ICICI Bank subscribed for Rs 700 crore worth of shares, Axis Bank for Rs 500 crore and SBI Rs 200 crore.

Reserved portion of retail and non-institutional investors remain undersubscribed.

Power Finance, a leading financial institution in India focused on the power sector, has fixed the price band at Rs 193 to Rs 203 a share for its offering.

PFC FPO CATEGORY WISE SUBSCRIPTION ???

VERY VERY VERY URGENT

1.39

upto 3.06pm
QIB-6.92
NII-0.62
RII-1.39
EMP-0.75

vary cool from retailers. only 1.4 till now

total may be less than 2 times.

READ MY OLD QUOTES TARKET OF RS 220 IT WAS VERY CLOSE TO RS 218.9 JUST MISSED RS 1.1 AND NOW RS 215.75

215.00 218.90 213.00 217.95 908354 197076183.05 2011-05-11

GOOD BROKER May 11, 2011 10:14:50 AM IST | Like | Report Abuse

GOOD BROKER's - IPO Recommendations, IPO Comments, Public Profile

Power Finance Corporation Ltd FPO
FIRST TARGET OF RS 215 AGHIVED
WAIT FOR THE SECOND TARGET OF RS 220 BEFORE LISTING SOON
MARKET STILL DOWN TODAY AT 5533 AND SENSEX 18495

238. GOOD BROKER May 10, 2011 1:04:32 PM IST | Like | Report Abuse

GOOD BROKER's - IPO Recommendations, IPO Comments, Public Profile

POWER FINANCE Corporation ltd

check willams %r of pfc it is pointing up ward
ACCUMULATION/DISTRIBUTION IS POINTING UP WARDS
CHAIKIN OSCILLATORS IS POINTING UP WARDS
ENVELOPE IS RS 220 TO RS 248
MEDIAN PRICE DOWN
MOMEMTUM UP SIDE
MOVING AVERAGE Down
performance slightly down
price ROC UP
PRICE VOLUME TREND DOWN
RELATIVE STRENGH DOWN
VOLUME HAS INCREASED
VOLUME OSSILATOR UP


PRICE RS 213.2 AND FUTURE RS 208.5

WHAT DO EXPERTS WANT TO SAY ABOUT IT

SHORT FUTURE OR NOT
I SAY DONOT SHORT ANY THING
TARGET PRICE RS 215 TO RS 220




NEW PLANS ON 13/5/2011

ACUMULATION AND DISTRIBUTION GOING DOWN
RELATIVE STRENGH DOWN
WILLAMS R GOING DOWN
MOVING AVERAGE GOING DOWN
PRICE ROC DOWN
PRICE TO VOLUME STRENGH DOWN
VOLUME OSSILATON SHARP DOWN
CHAIKIN OSCILLATOR SIDE WAYS

NOW PRICE LIKELY TO FALL TO RS 203-TORS 205 AT THE TIME OF LISTING

Dear Fools Brooker - Off late equity market too behaves without any technicals. Imagine Paramount dropping by 30% and surging by 30% and now 6% in green. This is how usually the commodity Futures behave.

I have already said that I have submitted my applications in full on the belief that the 5% discount cushion for Retail would save from disasters. But once again lets keep in mind equities do carry risk and the boarders who apply should take their own decision.

Now pl tell me how many times you wanted target from me. Markets are like this and that is why I don't put targets on the board. Had I put some figure now you would have targeted me by now.

As far as becoming a Star Contributor you too can become one if you keep writing in this board sensibly and nothing great about it.

I have applied for 1 full application. Thinking that retail will be subscribed by 2.5 to 3 times in retail by today closing. Hope it will give atleast 10% profit as the category who sells the most on listing day ie. HNI have not subscribed to it that much and whatever the selling that comes through retail will be absorbed by QIBs.

Hope all the retail investors who have applied in this FPO will earn some money atlast in some government FPO. Pricing has been good, only thing that decides our is market conditions but wont give loss for sure as it was priced decently.

Subscription till 2.00 (NSE + BSE)

QIB - 6.55 + 0.37 = 6.92
NII - 0.21 + 0.01 = 0.22
RII - 0.78 + 0.32 = 1.10
Emp - 0.02 + 0.40 = 0.60

Tot - 3.58 + 0.30 = 3.88

POWER FINANCE CORPORATION LTD - NSE Bid Details                        
Updated as on 13 May 2011 at 1400 hrs                        
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)       114638937      751075808      6.55
1(a)      Foreign Institutional Investors (FIIs)            250334868      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            418192516      
1(c)      Mutual Funds            80280116      
1(d)      Others            2268308      
2      Non Institutional Investors      34391682      7294084      0.21
2(a)      Corporates            2943976      
2(b)      Individuals (Other than RIIs)            3232348      
2(c)      Others            1117760      
3      Retail Individual Investors (RIIs)      80247257      62438264      0.78
3(a)      Cut Off            48199620      
3(b)      Price Bids             14238644      
4      Employees (EMP)      275464      6160      0.02
(a)      Cut Off            1596      
4(b)      Price Bids             4564      
      Total      229553340      820814316      3.58

1.2 times in retail ( nse + bse ) till 2.30

kal QIBs stop payment karday gay ,HNIs apply nahi karay ga kiyoki usko ASBA lagana hi,retailers (chidiya)jaal may,hunnay pislay ipos may retailers ko sawdhaan kiya tha jisnay kahna nahi mana aj uski halat patli ho gai.

Will the unsubscribed HNI portion will also be apportioned to Retail prorata

Axis Bank ASBA
You can apply for any IPO and block bid amount in your operating account, 24/7 during the bid period. However, your request will be bidded with the Stock Exchange between 10 am to 4.15 pm while the issue is open. However on the last day of the issue the applications will be accepted only till 3:00 p.m.

But Skipping this one for Galaxy as very little profit expected.

Dear KK Natrajan,
Gap between cash & F&O price is widening up.It's almost 11 Rs.Any change in plans?

Appllied 17 lots in 2 applications.
I hope it will sustain at least till its issue price ( probably 203). Will still make Rs 2000-2500 profit per application if retail is 2 times. Better than Innoventive, Servlakhmi and other bogus IPO's

POWER FINANCE CORPORATION LTD - NSE Bid Details                        
Updated as on 13 May 2011 at 1300 hrs                        
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)       114638937      751075808      6.55
1(a)      Foreign Institutional Investors (FIIs)            250334868      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            418192516      
1(c)      Mutual Funds            80280116      
1(d)      Others            2268308      
2      Non Institutional Investors      34391682      3098256      0.09
2(a)      Corporates            1402352      
2(b)      Individuals (Other than RIIs)            177240      
2(c)      Others            1518664      
3      Retail Individual Investors (RIIs)      80247257      51036440      0.64
3(a)      Cut Off            40557776      
3(b)      Price Bids             10478664      
4      Employees (EMP)      275464      4620      0.02
(a)      Cut Off            1036      
4(b)      Price Bids             3584      
      Total      229553340      805215124      3.51

I hv applied PFC using sbi asba and decided 2 apply galaxy by chq or miss it