Budget allocates Rs 1.28 trn for telecom ministry; BSNL to get Rs 82,916. Govt targets 25% market share by 2025.
Great news for SAR TELEVENTURE LTD🔥 as they recently signed orders for telecom infra for BSNL in 11 circles in U.P, Haryana, Rajasthan and many more to be signed in very near future. The agreement is on 50-50 revenue sharing with BSNL. Govt plans to achieve 25% market share by 2025 is a huge news for SAR TELEVENTURE LTD.
New update by promoter on NSE website. Promoter holding in company post right and fpo stands at 57%.Huge investment by promoter in company about 230 cr.
@GrayIsTheNewBlack Bas allotment milte jaye isi taraha se surcharge bhi de denge .milne par hi dena hai na..jisko nahi mila wo kya dega aur kya koi usse lega..😁
I checked with Upstox and they gave me below respone: I would like to inform you that the shares are allotted from the exchange however, as per the update received from the exchange side you will receive the shares on the next trading day hence, I request you to stay connected with us.
@Santoshp I'm not sure about right issue. Did we need to do any different process for this? I applied in this FPO through Upstox and got allotment. Then received email for credit of shares on 26 July and today morning received email for debit and credit for shares again. And I was hoping that it will be available for trading at 9 AM however it was not at all reflecting. After contacting I received the response as above.
88.8. MuStrFc| Link| Bookmark|
July 29, 2024 12:07:50 PM
IPO Guru (2900+ Posts, 2300+ Likes)
@IPO milta hi nai hai That's pathetic practice from Upstox. The initial credit was for FPO shares with different ISIN. Then there was debit to remove this different ISIN and then credit again to merge with it already listed ISIN. All this easily happens before 9 AM. Holdings are visible and in no way shares shares should be credited by tomorrow.
This will be positive for this stock, Govt sets 25% market share target for BSNL by 2025 https://www.financialexpress.com/business/industry/govt-sets-25-market-share-target-for-bsnl-by-2025/3565261/
@Santoshp Indeed its big positive for Sar Tele (They have 11 circles agreement with BSNL) with the rights and FPO money, Sar Tele can make huge expansion in their business. I see a great future for Telecom sector stocks especially SarTele
76.2. MuStrFc| Link| Bookmark|
July 26, 2024 4:46:05 PM
IPO Guru (2900+ Posts, 2300+ Likes)
Yes 9-9:07 pre open. Can trade after 9:15. Possibly between 225-230 it can list. @Palka
76.3. Trueinfo| Link| Bookmark|
July 26, 2024 5:21:34 PM
IPO Guru (1900+ Posts, 1700+ Likes)
So, @Palka ji, Your earlier query regarding difference in subscription figures of CG site and IPO premium stand answered. The subscription was surely around 11-12 × in HNI and not 8× as shown here in CG site. I have also got two lots allotted against 18 lot application. IMO, rushing to sell wholelot in preopen may not be rewarding. Partial selling to reduce risk may be OK. But Suno sabki, karo apne man ki. Your money, your decision.
76.4. MuStrFc| Link| Bookmark|
July 29, 2024 9:10:27 AM
IPO Guru (2900+ Posts, 2300+ Likes)
Sold all the allotted three lots @ 232/- Will try to buy tomorrow morning near LC.. Thanks to the almighty GOD...Regards to @MuStrFc for guiding time to time..
76.6. MuStrFc| Link| Bookmark|
July 30, 2024 12:00:24 PM
IPO Guru (2900+ Posts, 2300+ Likes)
@Palka Good insights were shared by @MRavichandran Sir, wish you would have kept holding !!