Power Grid Corporation of India Ltd FPO Message Board (Page 15)

pls tell the status of 35771791

@ 1703, Ravi Bangalore,

I have been sayingall this time that one can sell FPOs, the moment it comes into demat, there is no seperate listing required for an FPO

But please dont sell before the shares come into your account

My Application No . Is 80040496 , have applied for 1105 shares ... through Kotak ASBA ,,,,, But on entering the application no. To Karvy it doesent show any thing .... what to do now ....???

Sridhar

Listing Date

The Power Grid FPO shares got listed today itself, as informed by Chairman and MD Mr. Chaturvedi. So you can sell the shares alloted to you. Off course you need to be alloted the shares before you make any sale.

http://www.essayauthors.com/blog/power-grid-fpo-shares-listing-date.html

my father filled an application and submitted in Karvy office at Haridwar, applied for full 1105 shares, status is not shown in allotment status of Karvy. It means no shares are alloted , money has been deducted from account. This is consecutive second time form was submitted at Karvy Haridwar and no shares are alloted even after full application, something is wrong with Karvy Haridwar office, probably they only keep cheque and throw away the application form, similar complaints from many people.

@1699
application No.      42302597
Name      MR MOOL CHAND RATHI
Shares Applied      1105
Shares Alloted      296

Application No.      35771787
Name      AMANPREET BATRA
Shares Applied      195
Shares Alloted      65

PLEASE ALLOTMENT DEATIAL
APPLICATION NO. 42302597

And reason of todays drop in price is a) internaition condition (Korea/world market negative) and bigger reason b) lifting of ban on FnO thereby shorts covered and fresh shorts/longs were initiated thereby huge volatility in price. By 25th price will stabilize.

Guys I'll be blant and bitter but you all selling FPO are plain stupids and fools doing share trading without knowledge. Let me clearly tell some points.

No one can make a profit by giving a short delivery.

If the shares are bought back (in an auction) at a lower price, the difference between the sell price and buy price is passed on the investor protection fund.

If they are brought back at higher price than you are bigger fool, buying a share at 85.50, selling at 99 and buying again at >+99!

Also some fineprints you must know

Shares have to be delivered on T+2 day.

If the shares are not delivered, auction is certain.

Auction will be done on T+3 day.

Auction always results in a loss for the short-seller. So grow up and make small profits instead of unseen big losses.

At best, the final price for the short-seller would be same as he sold at. And this is most important point.

He will still have to pay brokerage and other charges. And here you pay 4 times brokerage.

Ain't this stupidity at best?

you could have sold fpo shares today itself , i sold for 99.65
u can check this on ndtv profit they are showing flash that fpo shares can be sold today

IPO ALLOTMENT IS OUT ON KARVY WEBSITE

Hi all,

Finally, the allotment status is online now.

http://203.199.177.158/ipo/

as well as

http://mis.karvycomputershare. com/ipo/

Thanks!

all the shares have distinctive no but when the exchanges give permission to trade the shares then only shares can be traded in bse and nse

PLS TELL ME THE STATUS OF 35771791

ipo big expert .25 years of experienced ipo ka guru hai guru.jai ho.

just spoke to my broker,he said we can sel power grid share 2morrow,dont wait for 26

Please tell me the status of application no 35771791

not to sold before 26. unless auctioned.
all new comers you want any advice ipo bigexpert ko yaad karen.

Allotment Status is Showing on Karvy site.
http://karisma.karvy.com