Kind attn:- Applicant name:- Krishna devi porwal Application no.:-62320561 Address:- NADI MOHALLA, BADA MANDIR KE PASS BHILWARA (RAJ) 311001 Application amount:- Rs 99000/- D.P in RELIGARE D. P. NO.11983474 Kindly request I am very needful pl convey registar about my refund and allotement. Thanks with regards Krishna devi porwal
i have got 45 shares of Renaissance Jewellery Limited IPO so should i sell them off on listing date or should i keep them for long terms also let me knoiw about the GMP of this IPO.
Dear K and IPO Prince, Thanks for information on Warrants. My next question is, are warrants free or I have to pay for it. And when can I sell them and how? And if I am to convert them into shares after 16 months, what will be the procedure to do that.
the warrants are issue to shareholders with the shares. the warrants have a maturity period. at the maturity period they can be converted into shares. these shares come at a discounted rate then the current market price. to check the details of the warrants you need to refer to the Red Herring prospectus as it would have been mentioned there. The warrants are tradeable entity in the Stock Exchange and they will reflect as seperate entity in your demat accounts. When Orbit Corporation was listed the company had also issued warrants. Today these warrants are trading on the Exchange as well. Those who have got allotments consider the warrants as icing on the cake. cheers and happy inveesting!!!!