Punjab & Sind Bank IPO Message Board (Page 50)

Dear Sreedhar,
It was heartening to read that the AP Govt. has passed the microfinance institutions bill in its original form amidst opposition from the microfinance institutions network. Hope the courts do no undue favour to the MFIN now.

Ravi, Bangalore,
Koutons hit the upper circuit yesterday after some time. Last time it hit the upper circuit, it lasted in that for just that day and started hitting lower circuits again. Let us wait and see what happens this time. But one thing is sure. Christmas vacation being the relatively inactive period, whenever the market goes southward, these stocks start declining immediately as many investors have lost hope in them.

If ever we expect similar participation as MOIL, this issue will subscribe 85x retail. 13 lac applications with an average of Rs 1.05 lac per application.

2 Times subscibed in Retail category, 2 more days still left to go.. I have been tracking IPO markets for 3 years. I have never seen such a response.. I just think the retail category would subscibe 40 - 50 Times...

Board members please share your opinion reg this.

395. C.A. Ramesha, What does it have to do with Punjab and Sind Bank IPO ???

Sub:- Non- receipt of Refund Coal india IPO Apllication No. 37865427


Respected Sir/Madam,
I have applied for Coal India Ltd. on 19th October,2010 for 200 shares with
total amount 49000/- cheque no.328601 dt.19/12/2010 OBC Kurukshetra bank.

Out of these 100 shares allotted to me and duly credited to my demat account but
I have not received my refund of Rs. 25725/- till date.

Hi friends,

MOIL listing is tomorrow, buy as much as you can if the listing is below 550 and make big profits. Don't miss the chance.

As Sreedhar Bhai & Natarajan has said no loss in applying with whatever we have.This IPO should be make or break for retail IPO Investors .Instead of keeping money in banks apply with ASBA & gain interest & if we are lucky we will get the allotment also .

Hi Sreedhar,

Please share ur views on Punjab sindh bank IPO
how mnay kostaks are u applying

I am applying 2 lacs each in all of my account
as there is no more issue to come until the refund of PSB comes
also my main aim is to optimize the use of money rather than thinking what will I get or not

Please share ur views also

Does this carry regular govt IPOs 5% discount for Retail inverstors?

Hi, Could you pls suggest?

Earliar if an Individual invest in equity >Rs.1 lakh, the Information used to sent to IT Dept. by respective depositories, for scanning purpose. (I got notice from IT Dept. for an Investment in Yes Bank during 2005)

If we apply >Rs.1 lakh in Equity, we need to disclose this in Income Tax Returns, Now the SEBI allowing upto two lakhs, bcos of this, whether we will be under Income Tax Dept Scanner.

Or the IT dept also has the ceiling of Rs.2 lakhs for an Individual?

Guys, Do apply in full power
very very good IPO
present at very very attractive valuations

There is nothing to lose if we apply but there is something to get if we apply

So better to apply , no need to keep money in bank because none of the issue will come until the PSB refund comes
So better to optimize the use of money in IPO
and apply in full load

I want sell the IPO application. Anyone intrested can contact me.
devendra kumar
9529917925

Hi Shreedhar,

I am new to Axis Bank ASBA. Can you help on couple of queries ?
1. Is it possible to register multiple DPs for applying into ipo through ASBA from same axis bank a/c. ?
2. Is there any cut off time to apply through ASBA from AXIS Bank online ?

Going in fully. Already applied in ICICIdirect account. Will submit 2 full physical applications tomorrow. There may not be much returns, but as Sreedhar says let people concerned know the fate of retail investors. Let the retail quota be increased to 50% or alternately let the concerned authorities do away with the retail category and allot the whole to QIBs and NIIs.

Kevin,
I use ventura securities limited .Axis bank is my bank for ASBA.I find it extremely convenient for applying IPOs.

Govt clears L&T Finance's FDI proposal

Thanks Srini.

Sredhar ji , which one you are using? suggest me the best brokerage.

Thanks in advance.

The issue will be subscribed at least 33 times in retail, even for 2 lakhs , retail will get 50 shares only.

Friends,
Last time Lot of people faced problems applying for MOIL IPO through ASBA.So those who want to ASBA try to apply tomorrow itself