Power Grid Corporation of India Ltd FPO Message Board (Page 51)

max profit rs. 400*10=4000.
i sold december future at 102 and apply for 6 applications
total allotment = 400 * 6 =2400
total profit = 2000*17=34000 + 400*10 =4000 = = 38000 rs.
net return 6% approx for 15 days investment.

AT 6=35HRS POWER GRID FPO IN RETAIL 3.13 TIMES...BIDDING IS STILL GOING ON

max allotment 400 shares min 395

978. abhishek jaiswal

it is 2.14 times at cut off price.

AT 6 PM
QIB : 18.52
NII : 28.86
RETAIL : 2.84
EMP : 1.01
TOTAL : 14.52 TIMES

WHAT FINAL SUBSCRIPTION IN RETAIL?

IS ISSUE CLOSE?

As of 6 PM... combined bid BSE+NSE Retails = 2.8347 times

BSE:
3      Retail Individual Investors (RIIs)      29,34,32,526      24,19,80,505      0.8247
3(a)      Cut Off            23,41,32,600      
3(b)      Price Bids             78,47,905      


NSE:
3      Retail Individual Investors (RIIs)      293432526      590262790      2.01
3(a)      Cut Off            440846835      
3(b)      Price Bids             149415955      

Full application will get 460-500 shares

Near about 425 share per full application will come.

Todays Ahmedabad based GMP for Power Grid is 3300-3500. Sameer Trivedi

Powergrid fpo in retail is oversubscribed 2.44 times
who is telling about 2.14

RETAIL SUB AT 5.00 PM AT NSE 2.01 + BSE 0.82 = 2.83 TIMES AND STILL CONTINUE

NSE + BSE subscription (number of times subscribed)

Employee - 1.01 (0.83+0.18)WOW This is terrific. Employee Confidence

Retail (total) - 2.83 (2.01 + 0.82)

Retail (only cut-off) - 2.29 (1.5 + 0.79)

Some body who is expert in this line please explain, if at all the price band is fixed @ rs. 90/- per share, if the retail investors who have applied below Rs. 90/- per share will not get any allotment and only the retailer who has applied at Rs. 90/- per share and cut off can get the share.

If at all this is the case why in coal india we are all allotted 199 shares. Kindly explain

retail investors will get shares at 85.5
how much profit is expected per share.considering this correction in market.

@sawan
your is only nse results
totally 2.14X times in retail at cut off

are bhai koi to batao power grid mai trading bandh ho kar ye wapar list hoga kya?

Power Grid Corporation of India Limited - NSE Bid Details                        
Updated as on 12 November 2010 at 1700 hrs                        
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)       419189323      6410796080      15.29
1(a)      Foreign Institutional Investors (FIIs)            3875714765      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            2122362905      
1(c)      Mutual Funds            406607370      
1(d)      Others            6111040      
2      Non Institutional Investors      125756797      1792901630      14.26
2(a)      Corporates            1307618520      
2(b)      Individuals (Other than RIIs)            475250750      
2(c)      Others            10032360      
3      Retail Individual Investors (RIIs)      293432526      590262790      2.01
3(a)      Cut Off            440846835      
3(b)      Price Bids             149415955      
4      Employees (EMP)      3389600      2799680      0.83
(a)      Cut Off            2185300      
4(b)      Price Bids             614380      
      Total      841768246      8796760180      10.45

no of shares offered- 293432526
bids at cutoff price- 440846835
difference- 147414309

subscription 1.5 times at cutoff price.
possible allotment
for 1 lot random allotment
for 2 lots you will get 97 shares
for 3 lots you will get 145 shares
for 4 lots you will get 194 shares
for 5 lots you will get 242 shares
+ or - 1share possible
peoples who are not applied at cutoff price will not get any allotment