Power Grid Corporation of India Ltd FPO Message Board (Page 22)

Hi I have applied for 8 lots @ Rs 88. Can anyone tell me when I will get my refund?

Y no allotment for applications sent through SBI ASBA.I got my entire money refund..

I applied for 455 shares through SBI ASBA but i got the entire money back..why

got 297 shares for full application on icici direct

I too applied through SBI ASBA for powergrid FPO.Full lien amount of Rs 99450 released without any allotment.What should I do?Where should I compliant? Experts pl help..

Histroy would not repeat here.

I found this one on www.history.com just to share with you.

On this day in 1900, the first car to be produced under the Mercedes name is taken for its inaugural drive in Cannstatt, Germany. The car was specially built for its buyer, Emil Jellinek, an entrepreneur with a passion for fast, flashy cars. Jellinek had commissioned the Mercedes car from the German company Daimler-Motoren-Gesellschaft: it was lighter and sleeker than any car the company had made before, and Jellinek was confident that it would win races so handily that besotted buyers would snap it up. (He was so confident that he bought 36 of them.) In exchange for this extraordinary patronage, the company agreed to name its new machine after Jellinek's 11-year-old daughter, Mercedes.

In 1886, the German engineers Gottlieb Daimler and Wilhelm Maybach had built one of the world's first "horseless carriages," a four-wheeled carriage with an engine bolted to it. In 1889, the two men built the world's first four-wheeled automobile to be powered by a four-stroke engine. They formed Daimler-Motoren-Gesellschaft the next year.

In 1896, Emil Jellinek saw an ad for the D-M-G auto in a German magazine. Then, as the story goes, he traveled to D-M-G's Cannstatt factory, charged onto the factory floor wearing a pith helmet, pince-nez and mutton-chop sideburns and demanded that the company sell him the most spectacular car it had.

That car was sturdy, but it could only go 15 miles per hour--not even close to fast enough for Jellinek. In 1898, he ordered two more cars, stipulating that they be able to go at least 10 miles per hour faster than the first one could. Daimler complied; the result was the 8-horsepower Phoenix. Jellinek was impressed enough with the Phoenix that he began to sell them to his friends: 10 in 1899, 29 in 1900.

At the same time, he needed a racing car that could go even faster. Jellinek went back to D-M-G with a business proposition: if it would build him the world's best speedster (and name it the Mercedes), he would buy 36 of them.

The new Mercedes car was fast. It also introduced the aluminum crankcase, magnalium bearings, the pressed-steel frame, a new kind of coil-spring clutch and the honeycomb radiator (essentially the same one that today's Mercedes use). It was longer, wider, and lower than the Phoenix and had better brakes. Also, a mechanic could convert the new Mercedes from a two-seat racer to a four-seat family car in just a few minutes.

In 1902, the company legally registered the Mercedes brand name.

Source: www.history.com

I think SBI ASBA is screwed up. So we might not get any allotment in powergrid.

Its bad luck. What to say?

Gane.

Full lien amount released in my sbi asba account. Seems SBI ASBA is not working.

Rakesh

I applied thru ICICI got 296 shares out of 1105.

Dear SBI ASBA friends,
My logic is supporting me to be pessimistic.Lets wait till Basis of allotment is out.Otherwise SBI should be dragged to court.

i got my 297 from icicidirect
buy nothing's showing up in skhan accnt...i wonder they even do ABSA

1530 Dear Aditya,
I doubt this.Unblocking of Lien amount & actual debit should have been instantaneously.What'll happen if someone expends the money now?What will happen to the allotted shares by his name?

full lien amount released in my sbi asba account. are any shares alloted ? how sbi is working ? can any body teel

WHEN CAN I SELL MY ALLOTTED SHARES... SHARES ARE NOT DISPLAYED IN MY KOTAK ACCOUNT


PLZ SUGGEST ME

WHEN CAN I SELL MY ALLOTTED SHARES... SHARES ARE NOT DISPLAYED IN MY KOTAK ACCOUNT

From moneycontrol-
SEBI plans to cut IPO process time to 7 days

SEBI is looking at reducing the time for initial public offering process from 12 days to a week, said Mr C B Bhave, Chairman of the regulator.

This means, retail investors who apply for an issue through ASBA (application supported by blocked amount), can get back their money on the seventh day itself if they fail to get allotment. Through ASBA,investors can apply for an IPO, keeping the application money in their bank accounts till the finalisation of the allotment.

i hv not got any share by SBI ASBA...FULL MONEY REFUNDED TO ME ,,,I HV APPLIED 1105 SH

297 shares have been allotted in kotak ASBA

I got 297 shares through ICICI direct for application of 1105 shares.

I can view it through ICICI direct website but blocked amount not released yet.
KARVY didn't updated the same till now.

Cheers !

i applied full through asba axisbank, still in linen