I dono why People are stupid enough to sell shares before getting them in dmat. the share wont go anywhere.. worst case it will fall to 95 before listing. on listing day, surely it will cross 100.
HIGHLY GREEDY PEOPLE WHO THINK THEY ARE OVER SMART AND TRYING TO SELL THEM..
I have just come to know that I have been allotted 296 shares against my application for 1105 shares. I am now awaiting refund of money and hope that the delay of receiving the refund 3 days after listing, experienced in the Gravita, will not be repeated. My experience of receiving IPO allotment and refund, for shares applied through Lint In Time, has been the best so far.
I HAVE APPLIED POWER GRID FPO VIA ONLINE AND RECEIVED TRANSACTION CODE NUMBER IPOI173945 ALSO. HOW TO FIND OUT MY APPLICATION NUMBER?. KINDLY GIVE YOUR COMMENTS FOR THE SAME.
@aryanraj, no one is stupid here. people have some knowledge. regarding your short dely, profits can be made , if the price is lower like PGC. if you are so particular, contract notes can be shown.
Reliance Money demat account is WORST... no shares reflecting yet in my demat account... GOD only knows when will we get the balance amount as refund !!
my father's application number is 36365671, Karvy answer why are you playing this type of game with investors? consequtive second full application with no allotment after engineers india. When I am applying from somewhere else allotment is coming. Your people are checking the applicaton form also. Money is deducted but no allotment for second time. What is wrong with Karvy Haridwar office? I think Karvy Haridwar is just keeping cheque and throwing away the application forms of customers. Karvy Haridwar reply ???
Actual listing would be on 26th November.. Keep in mind that legally, they cannot allow somebody ( individual/instinutions) to sell at some date while still transferring shares to other guys...
So, they fix a date for listing of new shares so that they can complete allocation ( transfer ) of shares to everybody.
Don't get confused.. Sell only on 26th or after that.
You may go through the latest news http://economictimes.indiatimes.com/markets/ipos/fpos/rights-issues/PowerGrid-FPO-New-shares-to-start-trading-from-Nov-26/articleshow/6946787.cms