Most of the companies are saying to apply on this IPO and since there are some extra days to apply hence it will definitely over subscribed by 50 up atleast. Their main business is on mobile towers and customers are Bharti and Reliance which we all know are planning to expand.. The question is only on "T" group but i personally don''t think that will impact anything. All the latest IPOs are moving high like crazy e.g. look at HUDCO,AU SMALL,CDSL etc. So looking at latest trend it might also go up like same. However we have to be over conscious this time only because of "T" group
upto my knowledge this will list under T section i.e Trade to Trade which means you can not sell on the same day on which you bought the share. you must take the delivery of the share. suppose you bought any share of T section company then you cant sell it today. if you sold out then you need to pay heavy penalty. apart from this the circuit limit is 5% instead 20%
I have some queries on this stock 1) being a fixed price and low value is this some stock 2)will there be any issue regarding buying or selling of the group stocks 3)are these stocks traded like normal stocks or somewhat different ?? I have seen some sme stocks are not easy to sell even the broking company I am transacting with does not have names of some recently listed ipo till now so that is why I am asking are these easy to sell or not
Sebi just seeing manipulation of new listed shares by operators like AUsmall, cdsl,hudco,by sitting in a corner .SEBI must order these shares trading on trade to trade platform to save innocent investors who rushing buying its as every day upmove of 10 percent makes richer in just a week and triple in a month .
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July 13, 2017 5:48:46 PM
IPO Guru (2600+ Posts, 3700+ Likes)
💯% agree with you. I also noted in AU after 1st day all stocks transfered in to the hands of big heads. In case of HUDCO also investors lost their hope and sold cheaply. Now the stock flies. CDSL just does the reverse of BSE.
As far I know: 1) On listing day, it can list at any price, but after listing upper/lower circuit will be 5%. 2) Later, if you buy this stock, you can''t sell on same day. That means no intraday. 3) Circuit will remain same, 5% till it is in "T" group.
if shares allot to you then you can sell it on listing date, but not after listing date, you must take delivery of the shares. you can not sell on the same day on which day you buy such ''T'' group co shares.
Salasar ipo is a fixed price ipo but when i apply through obc internet banking the application is showing as having applied at cut off price & this cut off option is not going despite removing it .my query is will my application is liable to be rejected? kindly answer