Hi Shreedhar, I had applied for 650 shares for PGCIL in FPO.For which i have been allotted 175 shares.I also own 572 shares allotted under IPO. Hence i own current 747 shares @ INR 59.84. I believe in value investment strategy.Does PGCIL has long term story or it could disappoint in future as post FPO it has more floating share and hugh cash reserves. Which could affect its price movement. Please also share your strategy for MOIL.Thanks in advance.
the KARVY -People are really slow , very slow. And SBI-ASBA route is no less slow. No response in respect of my two apllications -one thru sbi-asba and the other thru ICICIdirect.com till this time.
IPO FUND -1483: Thanks for sharing the info, but I think they are yet to complete the exercise, then.I have applied for 4 lots ( 260 PG shares) thru ICICIdirect.com ,still not showing any allotment under IPo- order / demat allocation. Nor have funds been released.
Got 297 shares on full application of Rs.1.00 lac. Equivalent amount i.e. Rs.25393.50 debited to my account and lien stands removed. Happy, Thanks to all.
IPO Funda, yes I too checked & observe that ICICIdirect.com is classifying the POWERGRID scrip in two separate categories. It means some new PANGA the issuers have created this time to make things nasty for the poor investors.It is an unprecedented step and wrong on their part.Needs to be probed further.
Had applied thru SBI-ASBA and ICICIdirect.com. No allotment / refund being shown by them so far.Those who applied thru them shall have to wait till tomorrow to know their applications' fate, I think.
I had Applied Through SBI Dmat by ASBA, Still now Neither Amount is Debited nor credited, the amount is still in Lien What do it means.. Does it means i had got no Shares? I had Applied for 130 Shares (2 lots) Thanks in Advance....