Punjab & Sind Bank IPO Message Board (Page 42)

Punjab & Sind Bank
@5pm today

QIB 49.80 = Rs.11,354Crs
NII 85.84 = Rs.5,871Crs
RII 38.54 = Rs.6,150Crs
Emp 1.51 = Rs.36Crs

Overall 48.77 = Rs.47,799Crs

Why the retail investors go for this, even after knowing about the allotment basis...
Very funny....

2 lac applicants sell this at 160 on listing day and make profit of 2300 (160-114=46 profit per share) on one lot, don't expect more(return @ 1.15% for 2 lac)...

TILL 5 PM THE IPO IS SUBSCRIBED AS UNDER

RETAIL - 38.53
HNI - 85.84

The huge subscription figure in Moil & PSB is only because of handsome gain from Coal India.

I feel that this IPO Craze will last for next 3 - 5 IPO'S after that all will be bored and will get out of this counter...

Punjab & Sind Bank
@4pm today

QIB 49.80 = Rs.11,354Crs
NII 85.84 = Rs.5,871Crs
RII 33.80 = Rs.5,395Crs
Emp 1.47 = Rs.35Crs

Overall 47.20 = Rs.46,255Crs

PUNJAB &SIND BANK
WITH ALMOST 28 TO 30 TIMES SUBCRIBTION IN RETAIL IF WE DONOT GET AT LEAST RS 3000 TO RS 5000 PROFIT IN IPO IT IS OF NO USE TO APPLY FOR 2 LAKHS PER APPLICATION

what happens to the people who price bids? do they get allotment?say if you price bid at Rs 114 then what?

Average profit of retail investor assuming investor sold stake alloted in ipo within half n hour

Average Profit                              

      (Cost)      (Av. Selling pr) (shares allotted)      (profit) (appl)      
Coal      232.75      315      199      16368      1 lac
                              
Pwr gd      85.5      96      297      3119      2 lac
                              
Moil      356      535      17      3043      2 lac
                              
SCI      133      134      224      224      2 lac

Dear Shreedhar and Pandit ji where are you??? your views are always helpful for investers..pls appear asap and put your suggestions....

I think we should watch few more IPO after that better to forget about IPO because retail investers are only loosing their money since when limit has been increased to 2L. Its really frustrating....I am hopeless and not expecting more then 1 lot ....let wait for some more time and watch listing price.can any one tell me what is the final subscription for retailers???

guys party tym, wil list between @ 155 to 160 range. maal lao dis new year

increase of 2 lakh limit is negative for retail investors. they should have increased the number of shares in retail category, instead of the application limit.

dear fiends

dont expect any income from this IPO as well because this already subscribed 35 times in retail till 4 pm.

looking at the retail fancy, this will also not do very good on listing. per 2 lac application will generate less than rs. 500 return..

in other words, public will be looted and kooted again...

@santosh , no more ipos. ipo season is over. may be LT finance left.

what is the next ipo?

Punjab & Sind Bank Very good IPO
I hope 195/- listed

Dear KK Natarajan,

Thank you so much for your views and concerns on my purchase of MOIL and SCI. I have no other alternative but to be long on MOIL. Hope a miracle come and MOIL price to reach 600 again. If possible, I will buy it again, if price comes below 400 to average it. Regarding SCI, I am not worried much, I think further down is likely not there.

3PM - NSE
QIB - 42.40
NII - 35.71
RII- 19.89
EMP - 1.18
TOTAL = 31.90