Power Grid Corporation of India Ltd FPO Message Board (Page 46)

dear nav fame,
15 per cent means 1500 on application? u want to say or u want to say more

power grid 15 percent return .... guaranteed

DEAR VAS NAT JUST SELL POWER GRID IPO GOING ON 2800 TO 2900 PER APPLICATION FROM MONDAY IT WILL TO 2400 TO 2500. ON LISTING U SELL
IT AT RS.90/- PER SHARE

1061.Aniketmkul

Many times underperforming stocks continue underperforming and performing stocks continue performing. You may look at REC and NTPC FPOs. As everyone thought I skipped REC and applied in NTPC because REC had run a lot and NTPC was underperforming. You may see the current status of REC and NTPC now.

Anyway I have also applied in PowerGrid in full and hope we retail get decent returns of atleast 15%

@1051 kk natrajan
by mistak it was typed 28th nov actually it is 29 nov

As you see that last 4 years average of power grid id around Rs. 110. Now have a look on some facts :

1. During last 4 years profit of powergrid is significantly shwon a upward trend.
2. business of Power grid is also enhanced.
Nifty is increased from level of 3500-4000 to more than 6000.

So all it shown that powergrid shares are under performed.
so my advised is not to sell application in rs. 3000-3500 but wait for credit in your a/c of fpo shares. With in next 1 months it will definitely cross 125.

pls tell me in mkt price of power grid

Thanks Milindji, Mee too learning

Panditji,
You dont have to say sorry & i am sure you had done your best.
Thanks once again
milinds

Bhai Milind, I have answered to the best of my ability, Some expert here may advice you better. Iam sorry I was not able to answer to your satisfaction.

AT PRSENT PRE FPO SHAREHOLDING

BANK/INSTITUTION 5.34%
PUBLIC 3.9%
GOVT(PROMOTER) 86.36%
FII/DII/MF BALANCE(4.50%)

THE AVG RATE OF PUBLIC HOLDING RS 98-110) LAST 2 YEAR (98-152) LAST 4 YEAR. SO THEY NOT SELL THERE OLD STCK BELOW 100-110.

SIMILARLY BANK/INSTITUTION BACKED BY GOVT NOT SELL OLD HOLDING
FII/DII VERY LESS HOLDING(FII-1.64% BALANCE BY CORPORATE)

NOW IF FII/MF/OTHER INVESTOR WANT TO INCRESE THEIR HOLDING THEY SHOULD BY FROM NEW LISING IT MEANS LISTING WILL BE BACKED BY PURCHASE BY THESE ENTITY THEIR LONG TERM/SHORT TERM PERIOD

HOPE FII/MF AND OTHER WILL BUY CERTAINLY .

COMMENT INVITED ON ABOVE PLEASE.

NOW WHO WILL BUY STOCK OF CURRET LISTING

Dear Panditji & Mr Vijay nair,
I am not convinced by your answer.Now this interaction is becoming more &more academic.
Panditji,
Do You Really think that HNI dont take into consideration & not aware of probable oversubscbtions in HNi category.These guys are one of the most sophasticated, market savey people & most of them have inside information.Most of them invest in crores & hand in gloves with Lead mangers, promoters of issues.
Pl go through very informatve article in Eco Times (Mon 8th nov to 12th nov -daily one article).
Hence some more light/information/ diff angle is required from respectable boarders like GEM, Ravi bangalore,Sreedhar, Saharnpuriji, wise owl, perth, kk natarjan & Ipo garv.
I hope i will get answer.
milinds

On 24 u'll be able to see the shares in ur demat accounts.
On 25 u'll get the refund in ur bank account (NEFT or RTGS facility accounts onlr rest will get cheque delivered at home).
Now u can sell shares on 25 if u like. U can sell shares as soon as they start showing in ur demat account, the next trading day. If it shows in the morning of 25, u can sell on 25 the only. If it shows at night of 25 u can seel them on 26.

Or high risk takers (of auctioning) can also sell shares a day b4 they get the allotment, as the shares u sell will be debited in T+2 settlement cycle ie it will take 2 days after u sell the shares to get debited from ur demat account. CAUTION:This is a risky task. Suppose u dont get the requisite no of shares u sold it will go to auction.

I don't think that it will list again. We should be able sell as soon as shares are credited to our account.

If you look at 18 month chart for powergrid , its trading zone is well developed between Rs 100/- to Rs 120. In may 2009 nifty was at around 3600 levels & powergrid stock was at Rs 100 ( average price ). Now nifty is at around 6100 levels . It means nifty has rallied nearly 2500 points means nearly 70 % rise. But this stock has moved to maximum of Rs 120 in this span. It clearly shows that this stock has underperformed in respect of nifty & its peers.This particular fact must be in the minds of QIB's who have subscribed overwhelmingly. We may see a cracker listing on allotment day.keep your fingers crossed.A lot of upside is due for a long period in this stock. Right now based on fundamentals its fair value is not less than Rs 105.

WHAT A CO-INCIDENCE 4 YEAR BACK 286 SHARE ALLOTED ON FULL APPLICATION( THAT TIME LIMIT WAS RS 50000)

after selling of application in Rs 4000/- in gm. who should pay the brokerage & income tax & transfer charges?

Risk-reward ratio is low considering huge subscription in retail category.

I have got request for two applications one at the rate of Rs3500/- and other at the rate of Rs 4000/- per application of 1105 shares.Now I want to know that is it enough or I should wait for more? Genuine replies are needed to take the corrective action

Tiwariji, you will be alloted around 65 to 68 shares, on firm basis