Punjab & Sind Bank IPO Message Board (Page 9)

dear friends,
dont wory about allotment. we got only 50. if we sell on listing with premium of 30 ( if) the profit is only 1500. it is not a big thing. forget it. wait for good one in future.

cheers
happy new year

mjm POST UR BID CUM APPLICATION NO

i cant see ipo detail in link intime. what to do? for sbi asba

Didn't got any share after applying full application. Keeping Finger Crossed for good listing for those who have got shares.

JUST BY MY OBSERVATION AND ON SOME CALCULATIONS... I CAN GUESS DAY HIGH AND DAY LOW OF P&SB.. PRICE RANGE 145.40 TO 179.60 .... OPENS BETWEEN 157-159... BY SOME CALCULATIONS.. I WILL EXPLAIN AFTER IPO FINISHES ONLY IF IM TRUE...

MY DEAR FRIENDS.. BEST PRICE TO APPLY FOR HEAVILY SUBSCRIBED IPO'S OR IN GENERAL IS IN BETWEEN 90000- 104000..... JUST OBSERVE BASIS OF ALLOTMENT OF SOME REPUTED SHARES AND OBSERVE... ARE AT THIS PRICE RANGE ONE CAN GET THE SAME NO.. OF SHARES AS THOSE WHO APPLIED FOR FULL AMOUNT.. SIGNIFICANCE 1 LAKH SAVED AND FREED FROM THIS ASBA UNBLOCKING NONSENSE.. I SEEN NEARLY 20 TO 25 IPOS .. THIS IS PURELY MY ANALYSIS.. THIS HINT IS FOR THOSE WHO APPLY IN FULL TO GAIN MORE PROFIT.. INTURN BLOCKING THEIR MONEY AND NOT MAKING IT AVAILABLE FOR SECONDARY MARKETS..

LISTING ON 30TH THURSDAY CONFIRMED

can anybody tell me about apps by asba sbi
em00274703,em00274689,21110108155,21110108858

If one has applied with 2 lakh, the chances that you will get allotment are 3:4 (74 %). Out of every 4 people who applied with 2 lakh, 3 people will get allotment and 1 will not get allotment. If you applied with 1 lakh, the chances are 3:8 (37 %). It is based on the below calculation: For 2 lakh application: 198,000/(44.45*6,000) = 0.74 0r 74% For 1 lakh application: 99,000/(44.45*6,000) = 0.37 or 37% and so on. You can calculate your chances based on the above formula.
[198,000 = amount applied; 6,000 = lot amount (50*120); 44.45 = RII oversubscription]. Though the formula applies in general, some people with many 2 lakh applications may not get allotment, and some with many 50,000 applications can get allotments in all applications. Luck is a strong factor since each family is applying only 2 or 3 applications. If we put 40 applications, then luck is minimized. - Subhasreddy, Hyderabad

Dear All,

In allotment, I got 50 shares BUT
It is not credited in my CDSL A/c nor BOB Asba amount not released yet.
What to do? Pls guide.

Regards,

@Nikhil Mane:

There is something called as a basis for IPO allotment.
Based on this allotments are made.If the issue is oversubscribed then the allotments are made on the basis of lottery.No one decides who gets it/doesnt get it.Id's are picked up by the system based on pure lottery.

Checkout allotment status in bse2nse site

i applied 100 shares @120
on first day of application....still i didnt got single allotment.....
whats the basic funda behind allotment.........
which idiots decides whom to allot shares and whom to not........

ICICI direct ASBA released....

Agree with "1185 K V Subba Rao". I raied the same point earlier - nothing has changed by increasing the retail limit from 1L to 2L. All those who used to apply from multiple accounts earlier - continue to do so even now. Only difference is someone with 10 accounts earlier could apply for shares worth 10L. Now, they can apply for shares worth 20L.

This is essentially driving all good IPOs to be heavily over-subscribed thereby reducing the chance of allotment for "real" retail investors who apply with one account - that too less than 1 lakh. So, in reality SEBI's decision has favoured HNIs to tab retail shares better.

Hi friends i had applied throgh HDFC ASBA FROM RAJKOT i had applied 2Lot of 1Lac and i got 50shares in both applications...
Money from HDFC is also has been relased....
At 1pm Punjab & Sind Bank shares also has been credit in Demat Account....

Enjoy..........

hdfc bank asba blocked amount released.

why i no get any share i had applied through sbi asba.
fund is unblocked

@ Trader:sry u didnt get any shares

Company Name:       Punjab And Sind Bank
Application Details
Sole / 1st Applicant:       RAJAN GARG
Cut off Price:       120
Shares applied:       200
Allotment Details
Shares Allotted:       NIL
Amount Adjusted:       NIL

DEAR FRINDS KINDLY GV ME FAST REPLYYYY WHN I WILL GET ECS..MY BANKER IS UNION BANK OF INDIA