Power Grid Corporation of India Ltd FPO Message Board (Page 61)

Subscribed 1.33 times in retail upto 12 hrs

Updated as on 12 November 2010 at 1200 hrs (NSE + BSE)            
Sr.No.      Category      
1      Qualified Institutional Buyers (QIBs)       18.52
2      Non Institutional Investors      6.65
3      Retail Individual Investors (RIIs)      1.33
4      Employees (EMP)      0.50
      Total      10.68

Ravi Bangalore, Sreedhar, GEM IPO Finder, Gane, Srini

From last 3 days market is going down. What to do with PowerGrid FPO?

If market will go down like this then i think from monday Powergrid will also go down and that time it's difficult to get any profit in PowerGrid FPO? What's ur suggestion guys?

Power Grid Corporation of India Ltd
Allotment: 22-Nov-2010
Refund: 23-Nov-2010
Listing date: You can sell shares once you see the shares in your demat as this is not IPO but FPO

This is in reply to
766. Newbee
If applied through ASBA remember the update happens at 2 p.m.
If the IPO is edited (as it is in your case), the change will reflect in you account only after 2 p.m.
so you got to wait.

Hindustan Copper is not worth more than 57/- rupees, that too comparing it to sterlite, which quotes at a overvalued PE of around 30, If the Issue is priced at around 200/- as per rumours going around, Hindustan Copper will be another NMDC in the making, the reason the shares quotes above 400/- currently is because there is no stock in the market as Govt is hold 99% percent shares, the share price is manipulated as there is no floating stock, the FY11 expected EPS is only 1.80, even at 57/- there is nothing left on the table for investors, although the GOVT may try to keep the price closer to 200/- the intrinsic value of the share is not more that 40 to 50 on the higher side.

I hope that retail portion at cut off price might oversubscribed by 2 to 2.5 times.

768. scservice
This is alrady listed shares and trading nearly 100

769. gfgfgff ghghghg

Power Grid is already listed shares and trading nearly 100.
After FPO closes price may come down by 10-15% depending upon the market.

powergrid premium on application pllllllllllllllllll

wat is the expected date of listing for PGCIL

The Power Grid FPO is attractive as per discount price to retailers. we estimate for its listing price, which may be between Rs.104-108/- . We also expect its target of Rs.112-118/- during January 2011.

Retail seems like will end up with 1.5 times subscription.

I applied for 17 lots of Power Grid shares on Wednesday and the order got successfully executed. Yesterday some unexpected expenses came up because of which I had to revise the original application to 12 lots. I made the Revision at 3:30 PM yesterday. However, the order is still "Under Process". Any idea why it is taking this long for the Revision to be executed?

As CNBC Awaz Hind Copper will expected to come on 6th Dec with Price Band near to 200Rs.
Current price of HC is 416. Does it mean that Share will fall near to 250 by end Nov. if yes can we trade reverse (i.e. sell now and buy later)

How much it will siubscribe in retail ?

Most analysts are recommending Powergrid suggesting target price of 110-115. I doubt this is going to touch those highs. It has run out of steam and has no substantial growth for 4-5 years. Even after 4-5 yeas the max it can chart is 160.

Just book your profits once you get those shares in your account. There will be more IPOs coming from our most corrupt government to make even more money. Happy investing

I think MOIL may come early...as advertise/Hoardings are started placing on the street...

HDFC Securities is not accepting order. It is giving message 'system processing is on - pls try later'.
Does anyone face the same problem?

Updated as on 12 November 2010 at 1100 hrs (NSE +BSE)            
Sr.No.      Category      
1      Qualified Institutional Buyers (QIBs)       18.52
2      Non Institutional Investors      3.46
3      Retail Individual Investors (RIIs)      1.07
4      Employees (EMP)      0.46
      Total      10.12