Punjab & Sind Bank IPO Message Board (Page 67)

Price band of 113 - 120 looks very attractive with an EPS of 30, but i won't get any allotment because i have funds only for 2 lots, that too will be from MOIL ltd refund....
2 lakh applicants enjoy...
All the Best...

i think its all over for poor retail investors now. If you dont apply for 2 lakhs u wont get anything in such small IPOs....A disaster move from SEBI

Possible IPO/FPO in next three months....start digging info...

IND-Barath Power Infra Limited
Shekhawati Poly-Yarn Limted
Virgo Engineers Limited
Omkar Speciality Chemicals Limited
Midvalley Entertainment Limited
IOT Infrastructure & Energy Services Limited
Lavasa Corporation Limited
Hindustan Copper Limited

What is latest grey market premium of Punjab and Sind Bank and what is the discount for retalers

I am totally against the SEBI's step for increasing the limit for IPO up to 2 lacs.

This is a sin - one side you are saying that we want to kept small investor's interest protected....and do not want them to participate in the IPO by raising limit....

who on the earth - considered as small investor - if they are investing 2 lacs continuously in the IPO....any logical answer????

Dear Gem,
No posts from you since 4th Dec. Where r u? Please comment on present and coming IPOs.

Can any one suggest me that buying shares of Dena bank/Vijaya Bank/Syndicate bank from secondary market will be better than applying in Punjab and sindh bank....What about the financial health of bank,NIM,NII and position of NPAs,Spread and market share....

SEBI must have to dis. if any small inv. how to apply of rs. 2 l, ?? small inv. is going out of this ipo market...

YEs.. 5% discount for retail.... please read laetst article from ET...

Punjab & Sind Bank will raise up to Rs 480 crores through its initial public offer with a price band of Rs 113-120 a share. The subscriptions to the 4-crore-share issue begin on December 13 and closes on December 16.

"We are trying to work out what will be the book value after money, that is after 31st March 2011 and roughly we are planning to give some discount over here so that there is room available for the retail investors as well and we leave something on the table for the retail investors and for the stakeholders at large," said Parveen Kumar Anand, Executive Director, Punjab & Sind Bank.

Grading has nothing to do with IPO pricing.

is there 5% discount in this issue ?

We have still left a discount on the table for the investors and 5% discount of course is available besides this to the retail investors. -PK Anand, ED, Punjab Sindh Bank

5% discount to retail investors confirmed...

30. Deepak Kundalia,

I failed to understand the logic.. For increased limit to 2L, people would put own money and earlier when limit was 1L, people were borrowing (taking loan) ?? Interesting logic..
That means, if I want to buy food for me, which is say Rs100/-, I will take loan, on the other hand if I want to Buy a Car or House, I will put my own money ??

People usually take loan when they don't have money, now for 2L application limit, people would go for Loan to meet the higher side of limit.

As far as taking loan is concerned, it's a habit, it's immaterial whether limit is 1L or 2L.. You can practically see that by making limit of 2L, SEBI allowed some lower HNI to eat the Retail portion.
Also, the chances of getting allotment has gone down.

Disclaimer: No way one should take loan and apply.. Whatever you want to bid, bid with the money you have.

CARE Rating 4

Price band of Punjab & Sind Bank is too high it should be 80-90 Rs.
any body want to apply this IPO should think about price band. NHPC is good example of this.

44. rohit

I agree with you..

m gupta, you were negative for coal india, powergrid also, but retail investors gained from it. if anybody would have taken your advice they would have lost. once again u r here and giving negative comments regarding listing of moil. why r u doing so? let those who have applied be happy with whatever they gain. it's their luck as to how much profit they can get. y r u here trying to dishearten anyone. i agree that people are having huge expectations with moil listing, but one thing is sure people will gain in this, so stop saying that the premium is going down everyday and people will get looted and kooted. if people would have listned to u and not applied to coal india they would have been looted and kooted by you. so pls refrain from making any such comments.

PLEASE SJ ADVICE WHAT WILL DO IN CANTABIL

38. jagdish dudhagara

Not allowed.. Your application will be rejected...

Punjab & Sind Bank IPO Retail Investor Discount..may give a five per cent discount to retail investors and employees. The board is meeting to consider the proposal.