can any body please tell me which is the best online trading account for IPO and Occasional Trading i have already one with icicidirect and i want to open one more in the name of my family member i will be very thankful to all of u
it will surely list above Rs.100/- if the market condition remains the same as on today. See the listing of Indowind & magnum ventures which has so much negative recommendations from all market pundits then when every one is recommending the stock it will surely list above rs.100/- also now a days POWER sector is on the move on +ve side u can see the price movement of all power sctor shares like ntpc. relenergy, tatapower, cesc. pfc, kalpataru power, etc happy investing I have applied for 8 applicatins of 1875 shares each and on each application of 1875 shares at least 250shares will be allotted.
nowadays even the IPOs are so pricy that the dividends do not even match chay-pani (a 5-10 rupee share priced at 500 plus is quite common these days) I wonder where we are heading to
hi In 533 comment number, i could nt understand whats grey market premium rates? the rates which is typed near to ipo's reprepresents what? profit or loss?
Power Grid IPO subscription details : High Allotment and Huge Listing gains ***************************
The Power Grid IPO closed for subscription yesterday. Power Grid IPO is one of those few IPO’s where investors, after looking at the final subscription details, would kick themselves saying “how did I miss out on the Power Grid IPO” or “why the hell didn’t I apply for more shares”. The retail investor category was subscribed by just 6.75 times (oversubscribed by 5.75 times). This will ensure high allotment to retail investors who applied in the Power Grid IPO. However, the institutional investors category has been subscribed by a whooping 116 times (oversubscribed by about 115 times). This will ensure that listing gains at the time of listing of Power Grid IPO will be huge. So high allotment coupled with high listing gains will provide excellent returns for retail investors who applied in the Power Grid IPO. Overall, the Power Grid IPO has been subscribed by 65 times. Good luck to all investors who apllied in the Power Grid IPO. For updates on the IPO allotment status, refund details and listing details of Power Grid IPO, do check this blog regularly.
hi prabhi, i am not sure of this NRE,NRO stuff but i know a friend who thought smart.he applied for idea cellular IPo.1 lac thru icicidirect and 1 lac offline thru cheque with his local broker for the same PAN no.both his application got rejected.may be you can getaway scotfree.may get overlooked.but i am not sure if it is 'legally' correct.bcoz then every retail investor will do the same.anyway keep us iinformed of ur experience after allocaton.