Punjab & Sind Bank IPO Message Board (Page 46)

It appears retail would be subscribed around 35 times much like MOIL. So maximum allotment of 50 shares..I have applied for 700 shares and keeping the fingers crossed...

475 hari bobl
The 3 options would not apply if you apply on cut off price. You can not have multiple bids on a single price. Also if you bid at different prices, the maximum amout would be blocked. My advice would be to bid for 1650 shares at cut off price.

Hi hari bobl
If you bid 1650,1600,1500 with one pan no your application will be rejected,being multiple applications.You can only do it in three different names.....

In ASBA online applicatio there are three option for bidding, my question is can we bid for 1650, 1600, 1500 shares at cutoff price so that it can go in three bidding and if luck is there i can get allotment in any one of the above category. please clarify

Shreedhar,
I have submitted 3 applications in PSB.Ithink it willl over subscribe by atleast 30times.Enhancimg retailers investment limt to 2lac was a unnecessary thing which no retailer wanted.Now time for SEBI to reconsider limit change or increase the retailer quota to 50%.If they want to force us,we also have our own way.By investing through ASBA,we are not loosing much.....I am also sending my concerns to SEBI throwgh an e-mail....

@464 newuser

You simply fill in the correct details in the SBI ASBA page of your DP with sharekhan.

The shares will be automatically be credited in the DP if you are allotted the shares
No linking is required from your end

Mr Shreedhar,

Can you pls advise if I should hold PSB for longterm instead of selling immediately on allotment. Pls advise. Many thanks.

Ravi, Bangalore,
For most of the day yesterday Koutons was in upper circuit even when the market condition was not so encouraging. Though there was slight wobble during the market closing hours, since it has shown positive signs for the last two days, do you think the downtrend is almost over? Is it showing signs of reversal?

456. Arti

I like the way you compared both

plz help me out

HELLO SMART INVESTORS PLZ HELP ME, IF I INVEST ONLY FOR 150 SHARES, IS THERE ANY CHANCE OF GETTING SHARES , WHATS ITS LONGTERM AND SHORT TERM VIEW OF THIS

PLZ ANSWER INDEPENDENDLY NOT BY THAT ONE MORE IS APPLYING INTHIS AND LET MAKE IT OUT FROM RACE....

plz help me out

HI BANGALOREAN ,

Very very thanks...one more help sir.. If I applied through SBI ASBA then after allotment can i see my shares in my sharekhan(broker) account? If not then how can i sell my share?

465. newuser

To apply for IPO one needs the Demat Account.

Using the demat dpid you can apply from all possible sources, like sbi, axis, etc.

Not necessay that one has apply through broker. Can be done from banks directly.

Make sure that only one application is requested using one demat account, in case multiple orders for the same IPO using the same demat account orders will be dis-qualified.

Cheers

HELLO SMART INVESTORS PLZ HELP ME, IF I INVEST ONLY FOR 150 SHARES, IS THERE ANY CHANCE OF GETTING SHARES , WHATS ITS LONGTERM AND SHORT TERM VIEW OF THIS

PLZ ANSWER INDEPENDENDLY NOT BY THAT ONE MORE IS APPLYING INTHIS AND LET MAKE IT OUT FROM RACE

I have already put 4 half application( 1 lac ) in PSB. Subscription should be more than 40 times in retail.

Hi All,

I have Demat account with Sharekhan.Can I apply for IPO using my SBI netbanking and providing sharekhan demat dpid and clientid.
In case of yes,do i need to link these two in any way?

Thanks in advance.

Hies nd hellos...People I am tracking chittorgarh for more then a year..!! So i thought i should notify my presence also here..!!! Thanks for all of your advice... nd few people who give negative comments..thanks to u too...!!

Dear Sreedhar,
You are absolutely correct, banking sector is always rewarded, I was new to market when I applied for united bank IPO, but sold on listing day as my strategy was to sell in opening minutes, now it was doubled, same way PSB also will be rewarded for long term investors.
Srini.

Dear Gane,

I have already filed for 1 full application of 2L with the encouragement given by our beloved Sreedhar, and I have balance funds around 1.5L, I will go for another application with this amount tomorrow.

MOIL I did't sold today, hoped it cross 600 but it fell very fast to 530, so not interested to sell, can't decide to sell tomorrow around 500 or to hold for long term, since only 17 shares there is no worry for me, I can keep stop loss around 365, so no loss no profit, no tension.

Srini.

Dear Subramaniam Nagarajan & Friends,
Thanks for your belief in me.You will not get any loss in PSB if you apply through ASBA ,You will get interest & if alloted you will get great gains in PSB in longterm.I am once more repeating my appeal to all our friends ,apply in full & to maximum extent without taking loan & help in eradicating fair weather IPO investors.Remember I was the one who advised to go longterm in UNited bank & people were rewarded more than double,I was the one who asked to avoid SCI IPO for short term purpose & I was the one who advised not to buy MOIL post listing price for investment purpose.People will definitely make great returns in PSB.

Srini,

Are you applying in PSB? decided already?

Did you sell MOIL today?

Gane.

458. Ipofinder i 2nd u ... EVERYONE GO FOR ASBA ...