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Power Grid Corporation of India Ltd FPO Message Board (Page 28)

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1422. Jaggs |   Link |  Bookmark | November 22, 2010 6:03:19 PM
Ravi, Bngalore

He is asking, if the shares come in deemat tomorow, can he sell, Panditji says he can, what you say
1421. Ravi, Bangalore |   Link |  Bookmark | November 22, 2010 5:56:28 PM (300+ Posts)
1421. rohit sachdev

Scenario 1

In Economic Times I read that it will be listed on 26, Friday. In that case, you can take some risk assuming that it will surely list on Friday & you can sell on 25, Thursday. Pay-in comes on Monday, & you don't face any problem.

Scenario 2

If it gets delayed either by design or by default, it could go for auction. In that case, it is better you make arrangement for borrowing with your fellow clients / broker.

Scenario 3

Assuming that you take risk & sold on Thursday without borrowing arrangement & to your horrow you did not get shares to your demat as scheduled on Friday, then buy-back on Friday itself. But this is quite risky.

I believe, investors would get a chance to sell either around 96-95 or 102-105 zone.

Now, ball is in your court.
1420. pcdave delhi |   Link |  Bookmark | November 22, 2010 5:50:35 PM
I applied for 195
how many shares I may get it - 65 or more???
Thanks - Waiting for Karvy guys...
1419. IPO SELLER YOUR FATHER |   Link |  Bookmark | November 22, 2010 5:38:09 PM
SBI ME TO NOT CLEAR ASBA LIEN AMOUNT?

PLS SENT MASSAGE
1418. rohit sachdev |   Link |  Bookmark | November 22, 2010 5:31:29 PM
thanks a lot panditji.
1417. Market guru |   Link |  Bookmark | November 22, 2010 5:29:11 PM
applied through Corp Bank, ASBA. Money debited 25308. Allotted 296 shares @ Rs. 85.50.
1416. Pandit Ji |   Link |  Bookmark | November 22, 2010 5:29:06 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
@ 1421 Rohit

I have said earlier, the moment you see the shares in your demat, the shares of an FPO are tradeable, there is no difference between an old shares and a newly allotted FPO shares, I have sold all FPOs on the day I got them in my demat, why should powergrid be any different, but bhai be safe, dont sell the shares before they are in your account, although you can do that too, but it is very very risky, My best wishes to you
1415. nandish k |   Link |  Bookmark | November 22, 2010 5:22:22 PM
the previous was employee category the below is retail investor

      No. of                   Total No.of             Propor -       Allocation per            Ratio of      
      Shares       Number of       %      Shares       %      tionate      Applicant            allottees      
S.No      applied for      applications       to      applied in       to      shares      Before      After      to      
      (Category      received       total      each       total      available      rounding       rounding      applicants      
      wise)                  category                   off      off            
(1)      (2)      (3)      (4)      (5)      (6)      (7)       (8)       (9)       (10)      
1       65       62535       4.53       4064775       0.37       1091287       17.45       65       7       26
2       130       103085       7.47       13401050       1.23       3597836       34.90       65       7       13
3       195       61149       4.43       11924055       1.09       3201301       52.35       65       25       31
4       260       70265       5.09       18268900       1.67       4904728       69.80       70       1       1
5       325       43705       3.17       14204125       1.30       3813441       87.25       87       1       1
6       390       28386       2.06       11070540       1.01       2972154       104.70       105       1       1
7       455       17697       1.28       8052135       0.74       2161791       122.16       122       1       1
8       520       68496       4.96       35617920       3.26       9562493       139.61       140       1       1
9       585       24494       1.77       14328990       1.31       3846964       157.06       157       1       1
10       650       44205       3.20       28733250       2.63       7714137       174.51       175       1       1
11       715       8074       0.59       5772910       0.53       1549877       191.96       192       1       1
12       780       12046       0.87       9395880       0.86       2522551       209.41       209       1       1
13       845       5729       0.42       4841005       0.44       1299685       226.86       227       1       1
14       910       6635       0.48       6037850       0.55       1621007       244.31       244       1       1
                                                1       1       31
15       975       12462       0.90       12150450       1.11       3262082       261.76       262       1       1
16       1040       16031       1.16       16672240       1.53       4476066       279.21       279       1       1
17       1105       794957       57.61       878427485       80.37       235835126       296.66       296       1       1
                                                1       29       50
1414. pcdave delhi |   Link |  Bookmark | November 22, 2010 5:22:02 PM
@Nandish

may I know from where did you got this information?
1413. santonu |   Link |  Bookmark | November 22, 2010 5:14:33 PM (200+ Posts)
whether anybody applied through AXIS Bank ASBA got allotment.Iam not getting
1412. rohit sachdev |   Link |  Bookmark | November 22, 2010 5:11:44 PM
panditji, shreedhar, ravi bangalore or any other senior members please guide, if we receive the shares by tomorrow in our demat accounts, can we sell them or there will be listing date declared for this fpo. thanks in advance
1411. ipuram |   Link |  Bookmark | November 22, 2010 5:08:25 PM
No change in ICICI,

Basis of allotment still same x/3.72 @85.5/-


Even Karvy site is not showing any info on PowerGrid yet.
1410. web ashish |   Link |  Bookmark | November 22, 2010 5:07:00 PM
1417. THS

You will get 140 shares.
1409. aniketmkul |   Link |  Bookmark | November 22, 2010 4:53:54 PM
Hi sreedhar , where did you check it? ICICIdirect accounts not showing any change in order book nor in demat allocation.
1408. THS |   Link |  Bookmark | November 22, 2010 4:52:19 PM
i applied for 520 shares... (8 lots)
hw much will i be alotted...???
1407. ambu |   Link |  Bookmark | November 22, 2010 4:50:51 PM
6 bids under asba, still no allotment details?, but money debited
1406. Pradeep Maitra |   Link |  Bookmark | November 22, 2010 4:43:24 PM
I got 84 shares out of 130. Amount yet to be credited.
1405. www.jdcalls.com |   Link |  Bookmark | November 22, 2010 4:36:30 PM
33646751 tell me how many shares alloted
1404. harishguru |   Link |  Bookmark | November 22, 2010 4:32:17 PM
@pcdave Delhi

Yes applied for 130 in ASBA First Time to check the system & get 65
1403. sameer gupta |   Link |  Bookmark | November 22, 2010 4:25:43 PM
where is the powergrid allotment,ye saare rishtedar lagte hai kya