Punjab & Sind Bank IPO Message Board (Page 36)

What is the control of SEBI & govt. how price are decided to loot the public money.


NHPC (PSU) – IPO @ 36/-. After One year struggling at 27/- Target – 18/-. Already Loss booked – 8,000/-
NMDC (PSU) – FPO @ 300/-. After one year struggling at 260/-. Target – 210/-. Already loss booked – 8,000/-
SCI (PSU) – FPO @ 140/-. Struggling at 133/-. Target 115/-. Have to book loss. No chance to get your investment as it is PSU like NHPC, SJVNL.
SJVNL (PSU) – IPO @ 26/-. Struggling at 22/-. Target – 14/-. Already loss booked -4,000/-.
Jaypee Infra – IPO @ 102/-. After one year struggling at 65/-. Target – 40/-. Already loss booked – 21,000/-
Emmbi – IPO @ 45/-. Struggling at 19/-. Target 10/-. Already loss booked – 18,000/-.
Indiabulls Power – IPO @ 45/-. Struggling at 27/-. Already loss booked – 19,000/-.
Reliance Power – IPO @ 270/- Struggling at 170/-. Already loss booked – 15,000/-.
D B Reality – IPO @ 450/-. Struggling at 250/-. Already loss booked – 10,000/-

NSE, BSE, SEBI wale kuchh nahi karenge. Retail investor jago aur sab 50000 se jyada ki application koi mat lagao

Dear Friends,
We have to fight against the Govt./SEBI's move to increase the maximum amount for applying in IPO/FPO from earlier Rs. 1 Lakh to Rs. 2 Lakh in retail segment. By doing this enhancement in application money from Rs. 1 Lakh to Rs. 2 Lakh the small and marginal investors are not able to apply for the full limit of Rs. 2 Lakh and majority of these small and marginal investors are not able to get any shares in these IPO/FPO surpassing to big investors having surplus idle money available with their bank account. By increasing the limit to Rs. 2 Lakh the IPO/FPO issues are being oversubscribed by more than 40 times of their subscription limit of shares, enabling the issuer and their banks and other intermediaries to get the funds of several thousand cores of rupees for minimum of 15 days without giving any interest to the applicants. This ASBA facility recently introduced by Govt./SEBI utilized by only few per centage of Investors and major part of the investors are going for the traditional method of either physical application through bank cheque or by online application facility being provided by some online trading portals. Nothing is getting extra for putting in extra amount of Rs. 1 Lakh, in contrary to getting more getting small quantity of shares compared to the era of Rs. 1 Lakh limit. We all small investors have to take up this matter with the Govt./Finance Ministry/SEBI/Stock Exchanges of NSE and BSE, they are always boasting about their better services to small investors to review their decision of enhancement of application limit to Rs. 2 Lakh and again it reduce to Rs. 1 Lakh if they are honest to their claims that they are working on the interest of Small Investor than High Net worth Investors or others having more cash than small and marginal investors. I hope we can fight for this and try our best to again roll back to Rs. 1 Lakh limit so that we can take the up downs of market movements in line with upper classes.

increasing limit to 2lac is great lose to retail investor either it should be 1 lac or per should be increased to 50

new ipo/fpo me ab 1 lac ki limit ho jai gi aisa sun ne me aya hai to kya ye bat sach hai. kisi malum ho to batana pls.

Dear Friends,
If anybody has the real idea regarding taking overdraft facility against the shares of bluchip companies i.e NIFTY & SENSEX stocks by pledging them with an ASBA facility providing bank and apply in IPO through ASBA application. Is any bank is providing this type of facility against Blue Chip Companies shares in the Dmat account. Please give the details about it and what will be the interest for this. Most preferably I want to know the HDFC Bank is having this ASBA facility and they can provide this Loan against Blue Chips NIFT Shares. Please give your view on it, if possible details for contacting them to take the utilization of ASBA application introduced by the SEBI and to tackle the shortage of money for applying full application for Rs. 2 lakh.

18 Dec, 2010, 04.38

NEW DELHI: State-owned power producer NTPC may approach the government next fiscal for permission to raise funds through a follow-on public offer to part-finance power equipment purchases worth an estimated Rs 1.5-lakh crore. “NTPC may approach the government next fiscal for a follow-on offer,” a power ministry official said.

NTPC currently generates over 32,000 mw of electricity per annum, but plans to ramp up capacity to 75,000 mw by 2017. For this purpose, it is expected to float a Rs 1.5-lakh crore international competitive bidding tender to source the power equipment. However, the stake to be divested by the government and the fresh equity to be offered under the FPO could not be ascertained, as the proposal is still at a nascent stage.

NTPC has already raised over Rs 8,000 crore through its FPO in February this year. The company may also borrow from overseas to fund its expansion plans. “It may raise money from the overseas market,” said the official. NTPC recently tied up with Japan-based Bank of Tokyo-Mitsubishi UFJ for a $300-million loan.

FPO may be at 521/-. Post FPO price may be settling at 121/- so there may be more and more losses to investors in this Gov as a part of this Gov policy.

NHPC (PSU) – IPO @ 36/-. After One year struggling at 27/- Target – 18/-. Already Loss booked – 8,000/-
NMDC (PSU) – FPO @ 300/-. After one year struggling at 260/-. Target – 210/-. Already loss booked – 8,000/-
SCI (PSU) – FPO @ 140/-. Struggling at 133/-. Target 115/-. Have to book loss. No chance to get your investment as it is PSU like NHPC, SJVNL.
Forthcoming – Hind Copper (PSU), Nalco (PSU), ONGC (PSU) will try to give maximum losses to Investors as Gov will be very happy to give more and more losses.
Now, Gov, SEBI or Corporate will not listen to any retailers or AAM Aadmi but they will think for there own profits only.
Now, after increasing limit up to 2.00 Lakhs by SEBI, retailers profit are almost gone but losses are unlimited like above.
We all should request to BJP to please raise the issue in Parliament as AAM Aadmi and Retailers have no other choice in this Gov. Happy losses to all investors of above in this Gov

@670 IPO Addict,

Lets say, I open an FD with Kotak for Rs 2,36000 and link it with Savings a/c(with zero balance for this instance). I apply for an IPO through ASBA online for 200000 from my SB a/c. The IPO gets oversubscribed by 20 times. I am allotted 10000 worth share in 10 days and ASBA block has been released. I deposit 10000 in my Savings a/c on the same 10th day itself. In this case, will I be charged interest for 10 days for whole 200000 or will I be charged only on 10000 for 10 days??

stiffknot

Int is usually 2 % higher than FD interest and is on the amount used for the no of days only. Also in asba no interest is charged on blocked amount. kotak gives overdraft facility in sb a/c itself .... so no need to open seperate overdraft a/c

@663 Bangnewman, @667 Ipoaddict
Thx for the info...

Ipoaddict, is it possible to apply ASBA ONLINE in Kotak Bank with overdraft amount?? Moreover, how is the interest calculated on the overdraft amount, is there any catch that they would levy interest on the overdraft amount for a month even if we pay back the overdraft within 10 days? And are u aware of any other better deal in market? I currently hold SB a/c with SBI and Kotak. I use SBI ASBA online for IPOs.

Re RA MO
Buy/do SIP in
AXIS BANK
TITAN
L& T
IDFC
HDFC Bank
HDFC
HAPPY INVESTING

Re : STIFFKNOT
You can make a Fd , take overdraft and apply through ASBA.... only your overdraft limit is reduced by ASBA blocking. On allotment u can transfer alloted amount to your overdraft account. I use this facility in Kotak Bank, SBI Bank and Bank of India. Moreover , kotak bank will give u an overdraft limit in your savings account itself
HAPPY INVESTING

HNI stands fir and How to become + what is share % allotment reserved for them Pl help i replying.

IT WILL NOT BETTER THAN MOIL.ALLOTEMENT WILL BE VERY TOUGH.MOIL WAS SUBSCRIBED ALMOST 33% AND PSB SUBSCRIBED NEARLY 44 TIMES IN RETAIL QUOTA . SO HIGHEST APPLICANT RS.2.00 LAKH IS ALSO NOT SURE TO GET ALLOTEMENT.SEBI SHOULD LOOK INTO THE MATTER AND REDUCE THE LIMIT TO RS 1.00 LAKH ONLY. FROM: VINOD JAIN, YAMUNA VIHAR DELHI.

Dear Pintu Todi @654.

Why don't you remember
GRSP given @ 29 -30 now 115.
NTPC given @ 62 now it is 200.
PetronetLng @ 15 now it is 125.

It depends on you what you selected and how long you are holding.
Even I got full in NHPC. I bought from market @ 32 and now holding. But I am not going to sell it.Honestly I don't have much hope from NHPC but it will give my money back. I am confident about this.
Good luck and Happy Investing.

Dear stiffknot,
--- You can deposit an amount of Rs.236000 in FD and get a CC/overdraft on the same for Rs.200000/-. You use this CC/overdraft account only for applying in IPO. Refund will come to the account linked to the Demat account. You have to monitor transfer of this amount to your CC/overdraft. Otherwise you will lose heavily in interest. Otherwise, you can change the link account in Demat account to this CC/Overdraft account. Do not use ASBA. ( ASBA can be used only in SB accounts, and transferring amounts from and to CC/overdraft will be cumbersome procedure for you and I donot see any interest benefit for you through ABSA since you will use CC/overdraft account ).
--- You have to forget ASBA. IT will definitely better than keeping all money in SB and using it for IPO.
--- I think some other banks may be giving better options.

DEAR ALL

I AM HAPPY TO SEE THAT ALMOST ALL THE BOARDESR HERE ARE AGAINST HIKING LIMIT FROM 1L TO 2L... BUT AT THE SAME TIME SURPRISED HOW SEBI TOOK THAT IMPORTANT DECISION IN SO HURRY WITHOUT DISCLOSING THE RELEVANT DATA BEHIND IT....


CB BHAVE (SEBI CHEAP) SHOULD BE INTERROGATED FOR TAKING BRIBE FROM LEAD MANAGERS FOR ALL THIS NONSENSE.. HE IS A TOTAL CORRUPT MAN.... HE WILL LOOT RETAIL INVESTORS DURING LAST FEW MONTHS OF HIS TENURE...

INVESTORS PLEASE JAAGO AND IPO BAZAR SE BHAGO
KISI AUR KAM ME LAAGO

Dear All,

See the below link on the increase in the retailers' amt.

http://www.telegraphindia.com/1101026/jsp/business/story_13101333.jsp

NTPC IS COMING WITH FPO AGAIN.

SHARE PRICE WILL MOVE UPWARD

Gotala govt. Nay small investor ko ipo market say bahar kar diya, 2 G gotala, rastra mandal gotala, swis bank gotala, ipo retailer limit 2 lakh, public ko BJP Govt. Ka golden period yad hoga jab oil ka rate 120 doller tha tab petrol 54/leter tha aj oil 88 doller may hi petrol 60/leter , jago public jago kahi aisa na ho sotay sotay umar gujar jai.