Punjab & Sind Bank IPO Message Board (Page 38)

Hi, what is the likely qty of shares to be alloted in Rs. 2 lacs amount i.e against 1650 shares.

I do not think that this IPO will give you good return.In fact it will opun/stabalise below its offer price.It is better to put money in existing PUS BANKS shares such as UNITED BANK OF INDIA,VIJAYA BANK or UCO since they have settled at quoted price under price discovery.I think no body should be upset for not getting shares of punjab&sind bank since it will be available at lower price

now we have to try for decease the limit to 1 lac from 2 lac up to next good ipo

@632
Vikasji, let us discuss in this forum, How to project this to SEBI the 2L/1L chapter .

Friends, let us suggest the best and act on it. Without action, only thinking will not serve the purpose.

I have applied for 3 full applications. The interest cost will be around Rs.1675.00. (I do not believe in the concept of your own money. Like people breathe every second, money earns interest every second where ever you put say in bank sb,bank fd or Company fd. Hence, Interest cost has to be calculated before arriving at profit). Now if i get 150 shares by luck and with a maximum listing price of Rs.160/-. I will get Rs.6900.00.( 6900 - interest 1675 - Rs.100 Brokerage - Rs. 1035 tax ) == Rs.4,090.00 Max i can get in this IPO if I were a highly OPTIMISTIC Person.

Overall over-subscription in Retail category is 44.45 times, however at cut-off price over-subscription in Retail category is 37.045 times.

http://www.nseindia.com/content/ipo/ipo_current_pnsb.htm

i app. one lack (96000) i tink bank can't give shere

pls suggest sebi for return to 2lac limit athorwise small investor will out of the primary market.

ab retail investor ko IPO se kamai hone vale ke din gaye.jab tak koi achha IPO 25 se 30% less main nahi open hota hai tab tak achhe IPO 40-45 times subscribe hote rahenge.COAL INDIA & 2 LAKHS LIMIT ne sabko daru pilaya hai. public ko haath main kuch nahi aayega.

I told that share will go above 40 times and if any one used loan amount then he /she can understand that what will happen.

This is the first govt, share in which i not applied not even 50 shares in this share.

GUYS we sud raise our voice to decrease limit from 2 lakhs to 1 lakhs

how much share i wl get ..i applied for 400 ?

616. Pintu Todi It looks like u are mentioning only loss making IPOS. Wt about Coal India, MOIL, EIL, OBC, PNB, Maruthi, etc etc etc. They have given fantastic returns to investors. It seams that you dont follow fundamentals like P/E, B/V,EV/ SALES, EV/Ebita, N.P to turn over % etc etc. Also you have to see peer comparision and 5 yrs balance is also imp if the profit jumps just the at the year of ipo then fully avoid that IPO or cuastiously apply and sell of while listing. People in this forum feel that there is no fundamentals only FIIS money drives the markets thats absolutly wrong.Another statergy to adopt in the market is when an IPO is allowted sell the shares and take your investment and leave the profit shares as it is. In that way you have zero investment. Never invest in a company with out comparing peer comparision in that group. Like NMDC public issue came at 30 P/E why buy NMDC buy sesa goa which is trading at 8 P/E. Shipping Corporation it came at 10 PE while GE shipping a PVT player available at 8 PE why pay PSU higher price.Even IOC, ONGC, SAIL IS a waste public issue no returns to investors. Hind copper a loss making company not even worth 30 RS why pay 200 Rs as public issue. MMTC not even worth 60 rs why pay 800+ rs.

I am holding LIC @ 1060. Should i hold or sell at loss?

OPEN INJUSTICE & DECLARED CHEATING OF RETAIL INVESTORS:

IPO limit increased from one lac to two lacs with-out increasing the allotment quota to retailers proportionally is to deprive the retailers from allotment and push to losses. it is very bad poonjivadi idea,that make rich to richer & the poor to poorer.Is this the justice?
There must be a voice against this injustice.

Regarding revision of maximum amount for each IPO Application, I agree with the views expressed by Mr Subramanian Nagarajan @ 593. Nobody in SEBI listens to individual retail investors. We may therefore approach thro media. Almost all leading news papers such as Economic Times etc., included Articles on the subject in their e-papers. We normally find provision to post Comments of Readers. Let us all avail this facility to voice our concern about doubling the maximum amount to Rs 2.00 lacs without corresponding increase in the Retail Quota of 35 percent. We may approach media by whatever other means is possible. I think there is no use approaching political parties for this purpose.

I have applied three application nos ......027,.....038, ......041.
In case it is 66:50 i hope that my chances are better than, if I had
applied for .....038,.....039,.....040.

Its again like MOIL. though you applied for full application (2 lacs) you don't have guarantee that you will get minimum lot.

44.45 times in retail quota - who applied for 1650 shares (1.98Lacs)-means, out of 66 applicants 50 applicants will get 50 shares !!!

I applied for P&S 400 shares...How much wl I get in allotment.

Please reply as I am new to it.

Thanks
Lucky