Dear friends- I`ve 500 shares of powergrid @ 106 Rs.Should i sell it,and to wait for FPO allotment,and will if FPO price band will below Rs 90,then will it go to Rs 90.Please guide me. Thanks.
Dear Friends Max Application fro Retail Investor is Rs 1 Lakh. Price Band May Be fixed Rs 88 to Rs 95. Would be announced Today Late Night or on Monday.
I think govt. should/would price it around Rs.85 for retail. However, after annoucement it would hover around the price for the QIB. Even then it is worth to apply in full. It would go the REC did. After the issue closes, it would touch Rs.100 around listing and thereafter Rs.110 in few days say 15 days. After that within 1 to 3 months it would touch 121 subject to the condition no major changes are there in domestic and world markets. I think on the basis of your requirment you can plan accordingly. Let's see how good is my assessment.
i had applied for 8 lots in gravita.....but seeing the huge subscription i did the " stop payment" of cheque....now ill use this money in powergrid ... can anybody tell me what are the charges(if any) and no of times the " stop payment" of the cheque can be done so that no charges are levied???
Guys....why the price band setting is sooo m-uch late...would it come at the end time....I`ll only gonna apply at 85-90 maxm.Agar 100 par diya to bazzaar se hi khareed lenge naa...hahhahahhahhahha
open---Company Open Close Offer Price Premium Kostak Rate Gravita India Ltd 01-Nov-2010 03-Oct-2010 Rs. 120 - Rs. 125 /////primium-Rs.98/-105/-garvita.shares.alloted-42,,on.date-12/11/2010 Pow er Grid Corporation of India Ltd 09-Nov-2010 12-Nov-2010 Rs. - Rs. ---- Rs. 3100/-3300/-
292. aRYANrAJ| Link| Bookmark|
November 5, 2010 8:25:08 PM
Top Contributor (600+ Posts, 100+ Likes)
293. rkrk
sebi has not issued circular yet hence it is highly imposible to make limits upto 2 lacs for nse and bse as powergrid will submit it's offer with price decided on monday. If circular comes on monday also chance are quite low.
So good news for small investors, no 2 lacs for powergird, almost certain.