Power Grid Corporation of India Ltd FPO Message Board (Page 42)

If one is bullish on PWG don't sell when allotment is done, if will be fatal error on your side. Sell only on listing day. If someone is bearish they can risk and sell as and when shares are displayed. People have burnt fingers in NTPC and NMDC FPO. There were group of operators headed by Sj who adviced to short-sell both FPOs and on listing day those who shorted got shares acutioned and suffered heavy losses. Also govt fooled and trapped short sellers by holding listing of NMDC for 7 days after allotment.

I Applied for 195 (65*3), how many shares will get allocate ??
Please tell me anybody...........

@ 1160 Rajniji,

This is a cut paste from IPO order make, I think this should settle all the confusion, both the codes are same

POWER GRID CO-OP OF IND : POWGRI

PGCFPO - POWER GRID CORP LTD - FPO

POWGRI - POWER GRID CORPORATION OF INDI

may be I wrong. i find from ICICI buy order then find stock code

Rahniji, please check again the symbol for both are the same, go to IPO section, check on order book, if you have applied POWERGRID through ICICID, you will the symboll POWGRI after the full name.

Correct me if Iam wrong, but I just checked the symbol for normal as well as FPO shares are the same i.e POWGRI

15 नवंबर 2010

सीएनबीसी आवाज़

पावर ग्रिड के सीएमडी एस के चतुर्वेदी का कहना है कि पावर ग्रिड के एफपीओ की लिस्टिंग 23 नवंबर को होगी। एफपीओ के लिए कंपनी ने 90 रुपये प्रति शेयर का भाव तय किया है।

panditji
in ICICI demet powegrid symbol is POWGRI & Power Grid FPO PGCFPO

when will be shares will be credited in demat account

for FPOs there is no listing day, the moment you see them in your account you can sell

AS PER T.V. NEWS , FPO SHARES ARE GOIENG TO BE

LISTED ON 23.11.2010 WITH F & O.

I AM NOT IN HURRY TO SELL WITH SUCH A SMALL PROFIT.

POWERGRID FPO LISTING DATE IS 23 NOVEMBER

Sell power grid...... target 95 short term

@1146 pandit ji,
i agree that the allocation would be around 290 for full application, jus wanted to know from where i can find the cutoff jus for my analysis.

Shyam Sunderji, stop permutation and calculations, the Retails was oversubscribed 3.85 times, thats final, a full retail application will get 287 shares plus or minus 3 shares.

The more one thinks, the more one is bound to get crazy, friends stop calculating at such and such cutt off and arriving at diff figures, Retail will get as I said 287 +/- 3 shares, thats it.

@1125 can u specify the RII subsription details @ cut off.
please share the source too, 1.5 times @cutoff seems so low.

@1139 the details given in the table is total subscription, the allotment will be mostly @cutoff so 3.85 times will be reduced based on the cutoff sbscription.

HI

WOULD APPRECIATE IF SOMEBODY WOULD SUGGEST HOW TO FORM A NEW LINK FOR UPCOMING IPO..RPP INFRA IPO THIS WEEK AND NO LINK PRESENT FOR POSTING ON RPP INFRA.

shall i buy some share current prize also? will it be a good idea? what is the expectation of upside % at the day of market release of this fpo

i applied for 130 (retail) shares will i get atleast 65 shares? and what is the share allocation day

@ 1139
As per my calculation(considering only cut off bids) on full 1105 shares application we will get around 315 shares.

all the very best

Dear Anup Bahl 1125:

Your saying that RII subscribtion in Power Grid FPO is only 1.5 times, is not right. As per the final table published after reconciling all transactions itself shows, the RII subscription is 3.85 times. Nothing is likely to be available from the employee quota to improve allotment to RII investors, since the subscription there is also 1.11 times.

In the Coal India IPO, employees quota was only partially subscribed, due to unions misleading employees not to subscribe, on the pretext it was against the unions' agitation against privatisation. That balloon has now been pricked and is seen by employees as so much hot air, after realising that they missed an opportunity to earn a 40% profit on investment within 10-12 days of the issue closing.

I do not expect that the nummber of shares per full application under the RII category could exceed 300 shares.

Since this is an FPO, whose share value has already been discovered by the market, it would be unrealistic to expect a major killing in terms of profit booking. This is good only as a long terms investment with a minimum holding period of 1 year, when its value could appreciate by 40%, even 50% in the market, unlike the CoalIndia IPO.

N.Narasimhan