listing price 135/ dont sell , keep the stock for 15 days it may go to 155- 160 . market down fall is round the corner. keep buying. long run index target 30000+. 4600 is the very very strong suport to the nifty asper technical. from april 1st week market will go up. don;t vary be happy.
This is a good stock listing at a tough time. Cross your fingures if you are a trader. For all investors....accumumlate if it goes below allotment price.
As i had said earlier the allotment is similar to that of Powergrid Corporation. Check out archieve in www.chittorgarh.com.
510. GPS (72.163.216.217) 2/23/2008 11:47:50 AM IST Report Spam! SK, I do not agree with your analysis. Please do post your analysis if it really has substance. Do you have the correct data on per lot subscription? If thats available you can calculate the number of shares that would be alloted. There would be a proportionate allotment of shares on the lots too. Say certain lots would be sure to get x amount of shares while people who might have applied for lower lots where the subscription may be more would have some form of lottery. Looking at some of the previous allotments data earlier, my perception is that people who have applied 7 and above lots are sure to get allotment. but people below that might have to go through a lottery or they might be give lower then the lot size. Have a look at few of the earlier allotments for PSU's, yu might derive the formula your self. The calculations are preety basic arithmetic.
HiE! Guys i had applied for 480 shares(50,400rs).I was been aloted 65 shares.I also got 65 shares credited to my d mat account today ie 07/03/08 .I have a ICICI demat A/c.But No refund Has been given.I think last time also when i had applied for Reliance Power the money got credited a day before listing day.Dont Panic it will come by today evening or tomorrow evening.
Category No. of Applns. % to total Total No. of Equity shares applied % to total No. of Equity Shares allocated Ratio Total No. of of Equity shares allocated 60 81,723 11.05 4,903,380 1.44 60 3:22 668,640 ======> 3 our of 22 applicant got it
480 39,751 5.37 19,080,480 5.62 65 FIRM 2,583,815 ======> everyone who applied 480 or more got some shares
840 2,918 0.39 2,451,120 0.72 113 FIRM 329,734
ADDITIONAL 1 4:41 285, ==========? some people who applied 840 shares got additional 1 share in the rato 4:44