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Punjab & Sind Bank IPO Message Board (Page 55)

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299. V.KUMAR |   Link |  Bookmark | December 13, 2010 9:07:48 PM
MR.ajay kiran AGAR SBI ASBA BEST HI TO MOIL KA ISSUE KA LAST DIN MI SBI ASBA KA SITE LOGIN KUNAHI HO RAHA TA
298. Dollar |   Link |  Bookmark | December 13, 2010 8:59:50 PM
To
292 Ajay Kiran,

Did you try ASBA of SBI for MOIL IPO on the last two days of closing?
If you did, then you would have never written your comment about SBI.

The web site was down for over 30 plus hours. The users could not log in to their net banking at all as it was fluctuating or partial connection. Result several SBI users could not apply for MOIL using ASBA. The same problem occured with HDFC users as well. Looks like something was fishy.
297. thegreat |   Link |  Bookmark | December 13, 2010 8:51:07 PM
I agree with 292. ajay kiran SBI and its associate banks SBBJ,SBP,SBH and SBT not only has appreciable ASBA but also many other Free-of-charge facilities which other PSU and Private Bankers lack.
296. Srini |   Link |  Bookmark | December 13, 2010 8:48:29 PM (400+ Posts)
292. ajay kiran,
Its wrong, it is the worst of all I believe, few facts are
1). Subscription will close by 2PM on last day of the issue.
2). Everytime you have to enter all the details.
3). Take the MOIL issue, everybody suffered on last day, online did't worked and lot of people did't applied because of this.

I have 2 banks, corpbank which is best one upto now for me, it will close at 3PM on last day, just select the issue code, select the account No. and investor name with bid quantity and bid price which is the simple way of application.
Other one is Axis Bank, this has the additional benefit of applying upto 3:15PM on last day of the issue, I never tried this so I cannot assure this.
Go for Corpbank or Axis bank.
295. KK Natarajan |   Link |  Bookmark | December 13, 2010 8:44:31 PM (500+ Posts)
289,Subash IPO,
The subscription details provided by you is wrong. The subscription is actually as follows at the end of Day 1:
QIB : 2.94
NII : 0.18
Retail : 0.40
Employees: 0.51
Total : 1.58
294. ajay kiran |   Link |  Bookmark | December 13, 2010 8:30:38 PM
STATE BANK OF INDIA HAS BEST ASBA FACILITY AMONG ALL INDIAN PVT AS WELL AS PSU BANKS
293. Gem ipo finder |   Link |  Bookmark | December 13, 2010 8:14:50 PM
Punjab & Sind Bank IPO looks attractive: Motilal
Subscribe Punjab & Sind Bank IPO at higher band: Anagram
Subscribe to Punjab & Sind Bank IPO: Mehta Equities
Subscribe to Punjab & Sind Bank IPO: KRChoksey
Subscribe to Punjab & Sind Bank IPO: Unicon Wealth

DESPITE ALL ABOVE RECOMENDATION EVEN IF WE CONSIDER THAT ONLY 40% OF THE MONEY RETURNED FROM MOIL FINDS PLACE IN PSB WE WILL GET ONLY 50 SHARES FOR 2 LAC APPLICATIONS SO MAXIMUM GAIN OF RS.1600/ 2 LAC APPLCNS.
292. Gem ipo finder |   Link |  Bookmark | December 13, 2010 8:06:46 PM
RSPARMAR

GO FOR AXIS BANK IT HAS BEST ASBA FACILITY AMONG INDIAN BANKS
291. subash ipo |   Link |  Bookmark | December 13, 2010 7:46:57 PM
Punjab & Sind Bank
Subscription Levels from NSE - EOD 13-12-2010

Qualified Institutional Buyers (QIBs) - 1.72
Non Institutional Investors - 0.10
Retail Individual Investors (RIIs) - 0.36
Employees (EMP) - 0.38
Total - 0.97
290. Gopal Patel |   Link |  Bookmark | December 13, 2010 7:34:31 PM
IPO Limit for retail is now 200000. How can a person with less money earn.
Rich geeting richer and poor geting Poorer.
289. NIRMAL BHATT |   Link |  Bookmark | December 13, 2010 7:23:52 PM
Asba application earn saving bank interest i.e. on block amount
288. vinnukaushik |   Link |  Bookmark | December 13, 2010 7:22:09 PM
can any bod plz tell me that from where we can seen that how much Subscriped any ipo....{punjab & sindh bank}.....please tell me
287. money hai to honey hai |   Link |  Bookmark | December 13, 2010 7:18:35 PM
can any one let me know the chances of getting punjab and sind bank ipo shares , i have bidded 250 share at the upper band of 120/-
286. RSPARMAR |   Link |  Bookmark | December 13, 2010 7:13:13 PM
which is the best bank among BOB,SBI & AXIS to apply in ipo through ASBA.PLEASE SUGGEST
285. Eagleye |   Link |  Bookmark | December 13, 2010 7:10:37 PM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
Punjab & Sind Bank

Subscription Levels - EOD 13-12-2010
QIB 2.94
NII 0.18
RII 0.40
Emp 0.51

Total 1.58

No. of Applications ~ 10,500
284. Eagleye |   Link |  Bookmark | December 13, 2010 6:33:40 PM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
Punjab & Sind Bank

Day 1 Subscription :

QIB 2.94
NII 0.18
RII 0.40
Emp 0.51
283. Santjyo |   Link |  Bookmark | December 13, 2010 6:28:57 PM
any one tell me that asba ke through apply karne se block amount ka savings a/c main interest , as applicable, milta hai kya/
282. Chem cho |   Link |  Bookmark | December 13, 2010 6:16:13 PM
IPO Guru IPO Guru (2600+ Posts, 2700+ Likes)
PUNJAB & SIND BANK
THIS ISSUE HAS ALREADY SUBCRIBED 1.58 TIMES
.5 TIMES IN EMPLOYEES QUOTA THAT SHOWS THE CONFIDANCE THE SHARE HAS
.4 TIMES IN RETAIL AND QIB 2.94 TIMES
AGAIN THERE WILL BE LOTTERY IN THIS ISSUE AND CHANCE OF GETTING SHARE WILL BE LESS AS IN CASE OF MOIL
AS THERE IS NO ISSUE IN 10 DAYS TIME THERE IS LIKEY TO HAVE MORE INTEREST FROM RETAIL INVESTORS ALSO
BUT TO BE FRANK THIS SHARE IS PURELY FOR LISTING GAINS
BANKING SHARE WILL RISE BUT NOT AS FAST THEY HAVE RISEN IN LAST 6 MONTHS INTEREST COST WILL GO UP, AND PROPERTY COST HAVE GONE UP THERE SHOULD BE INVESTORS TO TAKE LOAN AT HIGH INTEREST RATE, TEASOR RATE OF INTEREST HAVE BEEN REMOVED AND MORE RISE INTEREST IN FEB 11 TO MAY 11
TILL THE PROPERTY RATES CRASHES BANK SHARE ARE LIKELY TO RISE IN BETWEEN 4 TO 8% ONLY TILL 6 MONTHS
I HAVE ALREADY INVESTED IN THIS IPO IN ALL FAMILY ACCOUNTS
GOOD LUCK VIEWS EXPRESSED WITH NO BAD INTENSION
281. hsr |   Link |  Bookmark | December 13, 2010 6:12:53 PM
In general I read with lot of interest the message from Mr Sreedhar. He writes really technical details and that too with lot of confidence. Thanks Sreedhar
280. sameerjaipur |   Link |  Bookmark | December 13, 2010 6:09:08 PM
Dear Gem,
Thanks for advice.