I purchased 225 shares on part payment from ShareKhan online account on 18.01.2008 at 0100 AM in the night. But the status is still showing "Processing". What does this means? Will I be getting the shares or not?
RPL listing may be effected due to market senerio, so i advice do not for sell on listing date. It will be definetely give return on midium term because this ia subsidiary of RELIANCE ENERGY with holding of 50% stake. So future is bright.........
Dear friends can anyone clarify this: As retail oversubscribed by 15 times so minimum shares expected are 15.will there be lottery again for those who have applied for 1 lot and 2 lots.
As the retail subscription is less than 15 times, all 225 share-applications will get at least 15 shares. This is the concrete possibility. Other things cannot be guessed as of now. Obviously people applied for less than 15 lots may face the possibility of allotment by lottery system. Man
see what it means: THERE IS NO BALANCE AMNT PAYABLE IF ALLOTED SHARES ARE 15.THERE IS NO CASE OF RECEIVING BALANCE AMOUNT.SO WE CAN SELL ON LISTING DAY. Furthermore, Equity Shares, if any, issued pursuant to Payment Method-1, will, not be traded after the date of allotment until the Balance Amount Payable is received, the Equity Shares have been fully paid-up andcorporate actions for credit of such Equity Shares into demat accounts of the successful allottees has been taken, receipt of listing and trading approval from the Stock Exchange
nothing as such.dont believe rumors.remember even intime crediting refund amnt atleast on listing day.so we can sell shares on listing date as they r fully paid.
Iska matlab to yeh hua ki mero ko yeh log second phase mein allotment release karenge. bhaiya yeh to cheating hai kyon ki mene RHP pehle pada hi nahin tha.........
Guys please clearify what does this mean. (RHP-Page47) Bidders opting for Payment Method-1
INVESTORS PLEASE NOTE THAT THESE SHARES WILL NOT BE TRADED UNTIL THE DATE OF CORPORATE ACTION FOR CREDIT OF FULLY PAID UP EQUITY SHARES TO THE DEMAT ACCOUNT OF SUCH ALLOTTEES AND LISTING AND TRADING APPROVAL FROM THE STOCK EXCHANGE IS RECEIVED ON THESE SHARES. SEE RISK FACTOR ON PAGE xxxi OF THIS RED HERRING PROSPECTUS.