i have been tracking this site for many IPO but today just registered myself and sad that no shares of RBL ipo is alloted. personally i feel the listing will be good but just people can book profit and come out as if there is interest hike by federal bank then it will come down.
1032.1. Khemka| Link| Bookmark|
August 30, 2016 11:59:25 AM
(1000+ Posts, 400+ Likes)
Us fed president become laughing stock among world market pundits and they believe she lack heart to increase any rates so no takers to her comentry.
Might be the application was rejected. It may happen because of many reasons. One possible one is ''name not matching in PAN and bank account''. Have you applied through some bank ?
Expect listing around 275 levels. P/bv 3 times of 92 suggest listing @ 276, while gmp indicates 265 levels. Hni+rii quota have around 2.70 crs shares allotted..(not everybody sells) if supply is absorbed, then steady kind of trade can be expected. Assuming qib''s don''t sell.
RBI is good bank. All private Sector Banks, NBFCs, MFIs are on the radar of FIIs. So all retail investors should this stock for some time, just like Ujjivan Finance. Regards
If u r regular in this forum, u should not have applied for 10 lots. Next time submit 10 application in the name of family members with one lot each. U will get sure success.
@ hemant Kumar ji......I need a clarification from you. Is it necessary to have ten diff bank a/c, ten diff demat a/c, ten diff PAN for submitting ten diff applications. Thanks in advance.
Yes 10 PAN numbers of 10 different individuals are required. One demat account can be hold by maximum 3 people so for 10 applications, minimum 4 demat accounts are required.