Punjab & Sind Bank IPO Message Board (Page 5)

Its increasing now. Its out of 130 now. Lets see.

Gane.

good return in MOIL, PSBANK........
dear investor leave the IPO market and invest in any where else, you will earn more then 800/- in 2 lacs investment.

Investors should learn to live with these kind of disappointment in Share market and move on with hope.

BUY THE SHARE TODAY'S LOWEST PRICE SROUND 127-125 THEN NEXT DAY U WILL GET SOME PROFIT ....

psb listing not as per expections.i was expecting to hold around it around 140-145 .

When everyone applies for listing gains this is what will happen.Hopefully after few more such IPOs non serious IPO Investors will get flushed out

i will enter PSB around 125 for intraday gains...

Very very good listing of P&S Bank, I sold my all my 100 shares at Rs 143.
My gain is (143-114) 30 X 100 = Rs. 3,000
Cost of purchase – Rs 11,400, Hence ROI = 26% in 15 days.
Excellent return – Happy investing.

i have placed BUY for @125...hope it will come down to 125 as more selling pressure.. SELL orders 4 million agaist BUY order 1.5 million..

punjab & sind bank
no use of wating for the rate to go up sell between 130 to 133
i am out at rs 132 to 134

Yeah, quite disappointing... and I feel its better to hold at these level than to flick it for just 800. This situation goes with the saying "Everyday is not SUNDAY" Chill guys...

People are not understanding the basics of economic, and they are running a bull race..... many people had told that it is not going to list above 150. and hold above that.... it is going t down to 130. as compare to other similar sector and competitive shares in the market....

Post Issue United bank has reached 95 from 105.Dena bank from 120-112 & so on.Compared to their book values PSB fair value is between 140-150.I expect it to stabilize around 130- 135 post listing where its a good buy for a target of 200+ in long term.

http://www.moneycontrol.com/news/ipo-listing-strategy/atprice-will-punjabsind-bank-list_509158.html

At what price will Punjab and Sind Bank list?

Investment Advisor, SP Tulsian said PSB would list around Rs 150 per equity share while Deven Choksey of KR Choksey Securities expects 25% premium over issue price. "One can buy below Rs 150 if he/she wants to buy. I expect the stock at around Rs 160-170 levels in next six months," Tulsian said.

Deven Choksey sees fair value for the stock around Rs 135-140. According to him the first target would be Rs 140 and next Rs 160 for the next 6-12 months.

The bank raised Rs 470.82 crore via offering of 4 crore equity shares. The object of the issue was to augment capital base to meet the future capital requirements arising out of the growth in assets due to the growth of the Indian economy.

What a sham guys.... 500 bucks on an investment of 2lacs... i didnt subscribe to it for this very reason... i think my fd for 15 days is gonna give me more than that without any risk involved... shame on you Mr Bhave for screwing the happiness of poor retail investors....

I am so so happy that I made 800 for application of 2 lakhs ! yeah ! yeah ! yeah ! yuppie !

waste of TIME

Oversubscribing Cause & effect can be seen in this IPO.Who is to blame?

Why stock is going down though all experts had the expection that it will list and hold above 150.

Gain% = {sp 130 (av)- pp 114 (retailer)}/114 x 100 = 14%
in Fig = 16 x 50 = Rs 800, very disappointing but not bad

3.5 milion SELL against 1 million BUY orders..

very poor listing after this much subscribed

As i told that this will give nothing so i not applied in this share.