427. cee There is no quota for existing share holders. You need to apply as individual if you are retail investor. No mater whether you already hold shares of PowerGrid.
IN sbi ASBA pulldown shareholder as well is coming. Is there any quota for shareholders in PGCIL ? should you apply as a shareholder or individual if you are a shareholder?
@ 415 it all depends wat r ur expectations out of stock market ... if u want a 15-20% kinda returns YoY with significantly reduced risk go for powergrid it ll surely touch 115-120 levels in a year or so and listing gains would obviously be there at all points of time. this is a stock which needs to be a part of ur portfolio.
ppl here r saying 2 hold the power grid for 6-12 months but my point is that when the company is not performing for the last few years its high is abt Rs.125 so y 2 block our money in that compay apply for listing gains of around-3800-4200 per application and circulate your money for next IPO Regards
The Power Grid FPO post listing should give 25-30% gains in medium term. PowerGrid is another Gem after Coal India. Being FPO its returns are restricted to 25-30% from CURRENT LEVEL.
It is a must apply and qualify for your long term portfolio.