my application on HNI category money which was blocked and now been removed and debit to my account however RII application the amount is still blocked
I am new here and i want to know how the remaining shares are allotted if a category is not fully subscribed. For example in PCL, HNI category is subscribed only 73% so who will get remaining 27% shares? RIIs or QIBs?
before it was priority of the lead managers and any non fully subscribed portion was allotted. lead mangers always preferred QIB. in 2005 SEBI changed and the new ruling it will be distribute equally .....
All senior members please help me, As the GMP is sub zero there is a fair chance that the listing for PCL will be below issue price. Is there any chance that if market will go down its price can come down to 140-160 in few days. I think that it will be a good time to buy more of it since the fundamentals are good and the YoY profits are also good. So the question is what are the chances that after buying b/w 140-160 after listing the price will go up in few months and by how much %. What can be the high, low in next 6-9 months and what should be the stop loss?
I think this ipo will open 6 to 7 rupees up sell it if u get opportunity let''s hope well
670. Eagleye| Link| Bookmark|
February 2, 2016 11:09:23 PM
IPO Guru (6600+ Posts, 21900+ Likes)
PCL GMP is sub-zero ... so we can infer that the matured well-informed market is not expecting it to list on a positive note .... but as per my information, flippers have not participated in this IPO ... and therefore I do not see much down side either ...
I have bought in IPO and I will NOT sell in panic ... the stock is fundamentally quite robust ... and I shall wait to see the March''16 results before I take any decision ... If all goes well ... I hope to get an exit @250ish
670.1. Septa| Link| Bookmark|
February 3, 2016 6:15:27 AM
(4000+ Posts, 4600+ Likes)
long run i am confident that is one reason i have heavy applied on HNI quota if short term if this falls i will buy more as i did with shree pushkar.... It always pays of in the market when u invest with market leader in a sector with entry barriers is high and growth is also high.... camshaft and moving to assemble camshaft with inorganic growth will have good impact on all fronts topline bottom line and margins
670.2. PavanM| Link| Bookmark|
February 3, 2016 8:34:28 AM
IPO Mentor (600+ Posts, 400+ Likes)
Eagleeye, what is meant by flippers in this context?
670.3. Eagleye| Link| Bookmark|
February 3, 2016 9:48:27 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Flippers = people who subscribe to an IPO with a firm intent to sell it immidiately upon Listing
670.4. Septa| Link| Bookmark|
February 3, 2016 10:08:25 AM
(4000+ Posts, 4600+ Likes)
90% of RII r flippers
669. Eagleye| Link| Bookmark|
February 2, 2016 10:56:22 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Precision Camshafts Limited:
Finalisation of Basis of Allotment – February 3, 2016 Unblocking of Funds – February 4, 2016 Credit of Shares to D’Mat Accounts – February 5, 2016 Commencement of Trading – February 8, 2016