SEBI nay lemit 1 lakh say 2 lakh karkay small investors ki what laga di, ipo 43 times subscribe ho gaya 2 , 4 lot walay mar gaya, SEBI ko lemit 50000 karni chahiya thi.
Great to know that PSB subscribed 40+ times in retail. All effect of ASBA and 2 Lacs facility. Applicant gets interest also and if lucky gets allotment also. Without ASBA facility, this kind of subscription looks stretched.
Lets forget IPO and invest in good stocks and most importantly do not listen to brokers / companies providing stock tips. Analyse urself before buying and then go for the buy otherwise for getting highers u may face situation like investers who bought wespan, akruti city and delta corp which are almost 40% down since when SEBI banned 4 companies...so please be careful.
564 stiffknot Give a printout of the CDSL holding & your bank statement to your finance department. This should suffice. In future always keep a xerox of the cheque you are issuing for such purchases as prrof
IF YOU READ ECONOMICS TIMES , IN LAST FEW IPOs FII ARE BIGGEST SELLER ON FIRST DAY OF LISTING. SO WITH FEW LOCAL OPERATORS THEY FIRST SELL IN HUGE QUANTITY WHICH YOU & ME CANT DO IT. THEY DID THE SAME THING WITH MOIL & IN SCI , THEY SHORTED IN F&0 . SO IF YOU WANT TO MAKE MONEY IN IPO DONT WAIT FOR PRICE DISCOVERY , JUST SELL IT IMMED ON LISTING . THAT WAY YOU WILL GET BETTER RETURNS.
I know it is not the correct thread to raise my question, but I need the answer badly. I had applied for IDFC Infrastructure Bond for 20K. I am able to view this in my CDSL holding. But, I don't have any transaction statement for the same. I need the proof to claim 80CCF, the deadline my company has given me is tomorrow. Where can I get the proof for this txn. I tried to contact Karvy(Registrar), but the phone line is always busy.
Please do not predict anything about listing price....are u still wanna to become a predictor after seeing perfoamance of MOIL.....its disappointing...and best thing in PSB is that no one can say that I will get atleast one lot, reason being this is subscribed over 38 time so as per my calculation 1650/38 = 43 (< 1 slot) this indicate that lottory system would be applied for the person who had applied for 2L....so forget ur money and wait till allotment happens..gud luck guys..enjoy christmas and new year !!!!
May be if there is 1 lakh limit for retailers then subscription for retail is 20 times for PSB. As of increasing in limit it was going to be loss for retail investors.