ITS A GOOD ISSUE, Dont compare with FORTIS, all togather different company thn FORTIS ( even promotors r same ), It will give good listing gain, I m goig for maximum but if it will oversubscribe heavily thn i will stop payment of my check so tht i can go for multiple application in MUNDRA PORT. Regards Happy investing
I always Had this problem with ICICI, But I think you can still sell it, You need to go to "Security projection" option, and if the share you want to sell is listed with BTST option, you can click on BTST to sell it, Hope it helped, and booked profits,
I purchased sm shares fr ICICI demat acc on last friday & wish to book profit today before markets fall(!!) -- but I cannot sell & get a message -- 'Insufficient stock in DP account.Please allocate shares for trading/ Insufficient stock in Demat account'
Those who have experience in fundamental analysis, please throw some light on this issue. Please don't suggest that since Fortis failed, this will also fail. All the children of a family are not alike. Please do remember that many including the analysts apperaring in TV asked everyone to avoid Indowind. The issue was undersubscribed. See its price now. It is one of the most successfull IPO. So get the fundamentals and decide.
A simple formula while applying for IPOs when such confusions prevail. Look for QIB portion of subscription and on the last day you can apply. Only risk factor is QIBs, if they need, they can withdraw even on the last day.