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?
It is purely an artificial move to hold the price above 100 for PowerGrid.
Once issue is closed (that is starting next week), price will fall down upto 92-95.
Price of 110 looks exagerated to me. Tell me one logic how it will suddenly reach 110, while it was always around 100 rs for many months. No concrete reason/performance to support 110 level.
Since more shares are being floated by FPO, the chances of going down is more.
The same broker who recommended a buy will take a quick U turn and will say 'Issue is overpriced. Underperformer..' etc.
Recall the similar comments during NHPC issue.
Anyway I am also investing 9 lots for a target price of 92-95. I am more than happy wil 10% return.
I have a demat account in my wife's name. She does not have internet banking account whereas I have an Internet Banking Account. My question is: Can I apply in IPO through ASBA on her behalf using her demat account and blocking money from my account. I want to apply in Powergrid FPO and hence I request an early response.
dear , deepak chaudhry I am also employee of power greed I have also applied in both categury employee & retail without any hesitation you also can apply in both categury
I have demate account with Sharekhan. Now i want to apply thru SBI ASBA facility but it's asking me Client ID and DP ID? I have client ID with 8 Characters(like 15128432) but i don't have any DP ID? In sharekhan we have cutomer ID only. So which DP ID i have to use? Can any one give the suggestion from where i can get DP ID which will start with IN?
Hi NG Actually, online is better, if we consider human error. Data is electronically transferred to the Book building "Electronic book" files. Application nos. for paper type and electronice have different series and ther is no need to fill paper by any one, when your details are send electronically. Hope it would help.
HELLO EVERYBODY..I WOULD LIKE TO KNOW IF THERE ARE ANY RISKS IN ONLINE IPO..DOBROKERS/BANKERS FILL IPO FORM N SIGN ON OUR BEHALF..IS THERE A POSSIBILIITY THAT THEY CAN MAKE A MISTAKE IN FILLING UP IPO FORM..WUD REALLY APPRECIATE YOUR VIEWS N SUGGESTIONS..
I want to apply forthcoming IPOs through "online / Netbanking ". I am residing at Kodambakkam, Chennai. Kindly suggest which Bank is better. Thanks in advance.