Precision Camshafts Ltd IPO Message Board (Page 16)

I got 80 shares for 1 Lac application. what is the basis of allotment?

shares credited to my DP account

Very much.. Thank you for your comments :)

Septa ji,

How much you got allotted? i knew you did apply in NII category also right.

Warren buffet says that if u understand business model dont track stock everyday. I would still say precision is better than teamlease in long term. Precision being market leader and have ahown excellent results and profits. I was impressed with its owner interview. Cant say anythi

nice

LET''S SEE ON MONDAY......PRECISION IPO WILL SPEAK ITSELF...

PCL list on Monday 8 ,list around 190-200...don''t panic stay few days for good return...wait and watch the game....

Grey market rate pcl in discount -5

Those who said that Narayana will list at discount and made same kind of panic and confusion and resulted in loss to investors.
Same thing repeated now in Precision Camshaft IPO and Teamlease. Understand that these are unique tested profitable businesses running for more than 25 years & 15 years respectively.
News is confirmed that listing is above Rs.220/- and can go upto Rs.250/-, dont get fooled by Grey market premium. See where is Navkar, Shree puskar and Kelkar is. I applied in also these IPO''s under HNI and made excellent profits.

Mr. Gupta, fully agree with you.. Some broker type person create unnecessary panic for real investor.

Sahil I want apply as hni as well in future IPOs. Can u please share ur contact number or mail id for some personal advice

according to new rule T+ 5 days for credit the share in demate a/c and T+6 day is for listing of ipo

this 6 days only bank working day only

On T+5 day, the registrar will receive confirmation of demat credit from depositories. The registrar along with issuer would then file confirmation of demat credit, lock-in and issuance of instructions to unblock ASBA funds with the stock exchanges. The issuer would then apply to the stock exchanges for permission to list and trade its securities.

On receipt of permission to list and trade from exchanges, the issuer along with the merchant banker and registrar has to issue an advertisement on allotment and date of commencement of trading in all newspapers which carried the advertisements related to issue opening/ closing.

Stock exchanges have to issue trading notice.

On T+6 day, the stock lists and trading commences. Six days for listing means six working days and excludes Sundays and bank holidays.

(This article was published on November 10, 2015)
RELATED
NEWS
SEBI halves IPO listing timeline to 6 days from Jan 2016

TOPICS
company information | initial public offering | regulatory bodies and rulings (commercial) | SEBI |
Get more of your favourite news delivered to your inbox

Enter Email
SEND MY NEWS

FROM AROUND THE WEB

Why SIP is an easy investment?
UTI

Thinking ahead: Singapore leads the way as the global thought leader in healthcare innovation
YourSingapore.com

Ranbir Kapoor loses out on Rs. 21 crore post break up with Katrina Kaif?
Bollywood Life

Listing of the Day: A Stately Mansion in Southampton
Mansion Global

Kourtney and Khloé Kardashian’s Miami Beach Hangout For Sale
Mansion Global by Dow Jones

Planning for retirement? Don''t make these 5 mistakes.
scripbox

Chinese economy: ''World''s factory'' slowing down, but wages still rising
Nikkei Asian Review

Cash-strapped Danish Kaneria says he is dying, appeals to Indian cricket board (BCCI) for help
News
MORE FROM BUSINESS LINE

Aidtya Birla Nuvo to turn ex-date for spin-off

‘2016 will be exactly the opposite of what happened in 2015’

Kaveri Seed Company (Rs 318.9)

Understanding biz is critical to equity investing, say experts
Recommended by

inShare
1
On T+5 day, the registrar will receive confirmation of demat credit from depositories. The registrar along with issuer would then file confirmation of demat credit, lock-in and issuance of instructions to unblock ASBA funds with the stock exchanges. The issuer would then apply to the stock exchanges for permission to list and trade its securities.

On receipt of permission to list and trade from exchanges, the issuer along with the merchant banker and registrar has to issue an advertisement on allotment and date of commencement of trading in all newspapers which carried the advertisements related to issue opening/ closing.

Stock exchanges have to issue trading notice.

On T+6 day, the stock lists and trading commences. Six days for listing means six working days and excludes Sundays and bank holidays.

(This article was published on November 10, 2015)
RELATED
NEWS

Please paste only related items...

PCL block application money release time ?? when share allotment nill

anybody know about allotment procedure ???? pls share

please refer to below link to understand IPO allotment procedure.

http://www.onemint.com/2012/12/26/new-basis-of-allotment-explained-with-care-ipo/

,does anybody has news final premium of pcl?

I think everybody is confused now after seen allotment status, even i have not alloted shares. But by looking at quality of company interms of profitability, MNCs presence and good rating given by capital market if it will go in discount there is an excellent chance to buy it for sure.

PCL GMP is sub-zero ... it is (-)2

I applied 2 lot and got zero(0) .

i applied 2 app got 1 allotment lets see on what price it listing

PCL LIST AROUND RS 225 SURE ENJOY..............................................

Open 225 and it will go to 280-300. . High .

It seems that Saumil jain and DRK have been allotted beyond their expectation.

Premium was trending at 4-7 Rs. and not 40 to 47 Rs.

If it is so,

Please take appropriate action to liquidate at 280-300 Range.


And show us the contract note of your trade (Whenever Possible)

To check status of Allotment one need to go to site of Registrar of the issue.In this case it was intime . Visit IPO status .One should be ready with Appln No. or PAN number and give input

Can anybody please explain how allotment is decided.
RII = 2.0 times
So If i applied for 320 shares (4 lots) then I should get 160 shares at minimum. But allotted only 80 shares.

U must have applied 320 in one bid in 1 demat account.

If you have 80 share lot in 4 different demat account, then u would have get 3 lots or 240 shares.

Like, I applied for 80 shares lot in 3 different demat account, and I allotted 160 share 2 lots out of 3 lots total.

So, now if 1 person has applied for 1 lot and 2nd person has applied for 10 lots, both will be allotted same 1 lot or 80 shares.

So, be smart and act smart.

Cheers

Dear Keshar,
I was also not clear until a friend in this forum clarified it.Actually the rule has changed.Now first priority is to allocate one lot to every applicant.If no of application is very high then its not possible to allocate one lot to everybody. So it will go to lottery. Here every body gets equal chance irrespective of the quantity applied.So always apply for 1 lot in case of over subscription. Hope it clears ur doubt.

Revived allotment msg already. Now see what will happen at Monday.

Thanks for reply .Shall try to understand.. If shares are subscribed 2 times then number of application should lower( in this case 2 times shares qty / 80 application.) I am missing the catch it seems.

I wish this ipo earn 100rs premium ..good luck all.

think in 6 months it will reach +100