Hi Manup Could you pls tell which broker allow this service to sell today? Thanks in advance 🙏 I have account in Zerodha and Upstox but they are not allowing also asked 2 full time service brokers they said we don't provide this service So pls tell which broker allow this 🙏
476.10. Manup| Link| Bookmark|
April 6, 2022 10:58:02 AM
Top Contributor (400+ Posts, 200+ Likes)
@ iponahi , any full service broker allows short sell with adequate margin
Manupji, EDELWEISS and IndMerchant full service broker hai or inhone Kaha Nahi hoga Aap pls koi broker Ka naam bataye Me Ahmedabad se hu or koi local broker Hoga toh better rahega visit BHI kar Lunga office so pls tell if possible 🙏
Bhai edelweiss ne kaha margin dena padega Mene Kaha double de raha hu margin phir baad me call Aaya Nahi ho payega Isliye Puch raha hu if possible do tell 4-5 brokers name will go there and open account
475. sree vas| Link| Bookmark|
April 6, 2022 4:20:59 PM
Top Contributor (500+ Posts, 100+ Likes)
i am placing a buy order at 605.3, so that i can average it day after, also shorted today and covered it back
The last FPO I applied was Yes Bank one of the laggard stocks in my portfolio. Today there was a spike which I hope is a sign and good omen for Ruchi Soya
473. Bhav| Link| Bookmark|
April 6, 2022 1:57:03 PM
Top Contributor (400+ Posts, 100+ Likes)
@ all experts,
my broker is saying that FPO shares will get new script number and start trading at 8th only, and both script new one and old one will trade differntly and than merged,
i am confused, can any one help.
473.1. arunARUN| Link| Bookmark|
April 6, 2022 3:15:57 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Not true in my view. Same scam was run in Yes Bank FPO
@arunARUN . NO OFFICIAL CIRCULAR SIR JI. THAT IS WHY I USED WORD "MAY". In market brokers are telling. Different ISIN news it as per market not authentic circular.
You know what exactly same story played during yes bank fpo. You can read there about different isin , merge etc..
Tdlr, who sold today because their broker allowed made good money. They gonna get away with it while rest keep arguing about ethics scam etc..
Unless you are knowledgeable its difficult to make money..
471.5. arunARUN| Link| Bookmark|
April 6, 2022 3:12:31 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Don't you think allotment would have to be done using new isin if it is true then it should be available some where in official system and beside SEBI would not like to waste one ISIN which cost money to SEBI for purpose of 10 hours
470.1. arunARUN| Link| Bookmark|
April 6, 2022 1:42:55 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Because allotment will be in account tomorrow and can be provided delivery for sales today
470.2. lokes| Link| Bookmark|
April 6, 2022 2:06:20 PM
IPO Guru (4400+ Posts, 5100+ Likes)
its 10-11% down now and it was expected it will go down , obviously it wont remain at 900 levels during listing else everyone would have applied. Even if it remains around 700 levels during friday then its good i think....hope u have seen below post, i thought it was very obvious information..... https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1118&c=501441&ap=0
470.3. lokes| Link| Bookmark|
April 6, 2022 2:11:52 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arunarun: As i can see your multiple posts here, can you please explain how we can sell today when shares are not present in our holdings already? I will be getting FPO shares credited tomorrow in demat and on friday it will be shown in holding and i will be able to sell it on friday. I called zerodha also to check, they informed same thing that we cant sell until shares come in our holding, else it will be normal short selling where we need to buy again same day before 3.20pm else broker will buy and close our position. So please explain how to sell today and deliver on friday as you are mentioning in your posts?
@ lokesh U cannot sell the share on discount broker But u able to sell on full time broker Agar aapne waha apply kiya hoga to Aaj short sell karke (t+2) me automatically share deliver agar margin rahega to
470.5. Bhav| Link| Bookmark|
April 6, 2022 2:57:04 PM
Top Contributor (400+ Posts, 100+ Likes)
@ lokes
don short sell, as i told in my previous post script number will be different, other wise your shares will go in auction and you have to pay penalty,
i think they are introducing new script number so this can be avoided
@ bhav Aisa kuch nahi he Same ISIN and same script code hoga Just like yesbank fpo
470.7. lokes| Link| Bookmark|
April 6, 2022 3:06:40 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@bhav: shares will go in aution only if we don't buy again upto 3.30pm (time as per zerodha broker) and if zerodha also not able to buy after 3.20pm due to lower circuit then only it goes to auction, else if we miss to buy then zerodha will buy and close position. So anyways i won't be doing short selling, that is like in normal stock then, nothing special here. @krupa: ok i am not aware about that possibility with full time broker. I am having account with zerodha only so i called them to check. @arunarun: so you meant same thing as krupa informed?
@Arunarun sir It has not yet been proved that people are altogether wrong with their expectation. Khela hobe , dekhte jaiye.
465.3. arunARUN| Link| Bookmark|
April 6, 2022 1:47:06 PM
IPO Guru (1900+ Posts, 1600+ Likes)
@Asoke sarkar Why do think people are selling today bindas. As they know how much allotment they are going to get and will deliver it on Friday What will drive Khela as now 1% outstanding stock point is over. What in your will drive Khela
Applied on 30th when it was available on SBI accounts. When checking allotment, system states records not found. Still the amount is blocked as lien. I guess people who applied after 28th are not allotted and their application might be rejected. Did anyone got allotment who applied after 28th?
If baba allot shares on Friday after 10 AM .there will be big auction because it is fpo and even if shares allot after 10Am it will be consider listing on 8th .who is buying at 800? .Risk he to isk he.BIG GAME?
463.1. arunARUN| Link| Bookmark|
April 6, 2022 1:07:41 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Allotment done. Listing on Friday as per information