If i will go for partial payment & let say i have allocated shares ,whose total price is less than my partially paid amount . In this case shall i able to sell the shares on listing day.
If i will go for partial payment & let say i have allocated shares ,whose total price is less than my partially paid amount . In this case shall i able to sell the shares on listing day.
If i will go for partial payment & let say i have allocated shares ,whose total price is less than my partially paid amount . In this case shall i able to sell the shares on listing day.
If i will go for partial payment & let say i have allocated shares ,whose total price is less than my partially paid amount . In this case shall i able to sell the shares on listing day.
I am a retail investor. I wanted to apply for this IPO. What is the maximum no of shares I can apply.what is the maximum amount I should pay At cutoff rate. And also kindly tell me at partial amount i should pay at cutoff.
I have one query: Why does the payment by resident bidders for the Reliance Power IPO say the cheque/draft is to be made out to "Reliance Power IPO - R" whereas inside the apllication form they say that they have opened an Escrow Account for this IPO as is normally the case. So the cheque is to be made out to " Escrow Account Reliance Power IPO - R" or "Reliance Power IPO - R"
sir, if I am applied for 225 shares trough partial paid option(115*225)and I havce got olny 30 shares (430*30) . then i will get fully paid shares and sell on listing day. Or I have to wait for party paid convert to fully paid. Please adivce me.
DLF IPO, India's biggest IPO until now was suscribed 1.05 times in retail category. The IPO was of 9000 crore rupees. No reliance Power is 11000 crore rupees. Based on the hype the issue has created and all the retail sector should not get oversusbribed more than 2 times at the most. So be careful while making applications.
Total no of shares ==> 6,84,00,000 (6.84 crore shares) Total Value ==> Rs. 2941,20,00,000 (2941 crore Rupees)
Total no of applns with full payment of 1 LAKH should be 304000 people. So only when 3,04,000 apply for 15 lots, this IPO gets 1 time subscribed. Do any body think, Indian retailers have that much money..... Off course the QIB is going to subscribe like anything, but not the retail side.
This is why ADA sir is giving all discounts and part payment options.........
Please dont go for, part payment option. Because, Though QIB SUbscriptions is going to go to a very high value. Lot of Profit booking will happen in the first week itself.. So when u get a chance to sell, u will have very less profits. Also, The Listing is going to sleep for another 8 months atleast like Reliance Petroleum...... Any one can get in later.