Mr Niraj Karia @ 820: Yes. On a specific reference, I got the following Reply by mail from ICICI Bank
“Amount "blocked" in account for applying for IPOs under ASBA procedure qualifies for quarterly average balance (QAB) and earns Interest at rates applicable to Saving Account.”
i had sold 150 shares from existing holding @ 101.
Applied in FPO for 195 Shares & 455 Shares (2 applicatons), this is the right action according to me. What are your opinion?
812. CLD| Link| Bookmark|
November 12, 2010 1:40:04 PM
Top Contributor (500+ Posts, 100+ Likes)
Keeping todays weak market condition, retail portion at cutoff may not get subscribed more than 2.5 times. So expect allotment worth Rs.40,000 to 50,000 on full application of Rs. 99450.
is it sure that MOIL wll open on 26th nov any other information regarding upcoming IPO or FPO with perfect date
807. Pandit Ji| Link| Bookmark|
November 12, 2010 1:34:26 PM
Top Contributor (400+ Posts, 200+ Likes)
market mai dhulaai dekh ke, public thodi bahut bhag jayagi, dotn expect retail to be more than 3 to 3.5 times, good for people like us who applied, Maket favours the brave, dus rupay Power Grid mai kahin nahin gaye