SBI Cards and Payment Services Ltd IPO Message Board (Page 26)

Recall just a month ago one of the not so expert member made an observation that in 2008, another big issue, Reliance Power that a much awaited, wanted oversubscribed by hungry investors crashed on listing day with a discount. Around same as markets crashed on Lehman Brothers doom.
Most here joked about it, justified SBI Cards can never begin same way. Many didn't even imagine Nifty can go down over 30%in three weeks. With SGX Nifty down 1500 points today, nifty likely to tes 8800...

Sometimes not much thought out prophesies turn out to be real....

For the first time, I'm feeling happy that, I didn't get allotment!!! :-)

*BREAKING NEWS*

US FED TO BUY USD 500 BN OF DEBT SECURITIES ACROSS MATURITIES. LIKELY BUYING OF USD 500 BN TO HAPPEN TOMORROW.

*DOW RECOVERS* SWIFTLY AND NOW DOWN 5.5%

Dow down by 1950 today, we may see another bloodbath in indian market tomorrow.

Dow down 10% -2352 expect a new low today

Surprisingly, no allotment has been rcvd in shareholders category, applied two applications with 11 lots each in two different accounts with different PAN.

But alloted one lot each out of 5 lots applied in retail category in both applications.

Retail - 3/5
Shareholders- 2/21

Total lot allotted - 5
First time feeling happy for not getting allotment for the remaining lots.....
Hoping for a positive listing.

Listing on above 1000/-,

Tere mu mein Ghee Shakkar. Aisa hi ho, 900 bhi aaya to bhi chalega. Lets hope so. Lets hope market recover or did not go down further tomorrow. The we can see positive start on Monday.

Really?

Ab ye 1 ke baad 1 Congratulation for Allotment ke message bhi jale pe namak chidkne ka kaam kar rahe hai.. #CoronaEffectEverywhere ????????

Nifty P/B Ratio is 2.70 on 12-Mar-2020. Dividend Yield is 1.59 on 12-Mar-2020.

Nifty is considered to be in oversold range when Nifty P/B ratio is below 2.5 and it's considered to be in overbought range when Nifty P/B is near 4. Dividend yield generally bounces between 1 and 1.5. A dividend yield above 1.5 means its a good time to buy.

A long term investor should buy Nifty Bees as well as individual stocks when P/B ratio is near 2.5 to get maximum return from stock market. This is the point where Nifty is lowest which of course means that the so called "stock market gurus" on TV would be screaming gloom and doom messages about the world when the index reaches its lowest level.

Your last line is important. None of the gurus are saying gloom and doom as yet. Everyone is still "start nibbling in" and "ggod opportunity to buy or long term" mode.
I feel there is some significant downside still to go, but this is just a hunch. Having said that, I saw a long term trend-line chart from 2008 which has today's low as the bottom. But nothing can be said for sure. Unlike past, this is not a financial crisis alone - it is a mix of health and financial crisis - and no matter how much money govts and central banks throw around like QE or rate cuts, the health issue will not go away without any real vaccine or medicine being developed.
So stay safe, avoid risk, and stay healthy and stress-free.

Corona Virus started in China its Impact on Stock Markets across the World in the last 1 Month:-

???????? -26%
???????? -26%
???????? -25%
???????? -27%
???????? -20%
???????? -19%
???????? -16%
???????? -24%
???????? -14%
???????? -17%
???????? -12%
???????? - 17%

And

???????? (China) - 1.5%
????????

Why is it positive? It only means that it is spreading beyond expected regions.

@Dhanraj,It is war like emergency. I also support only delivery based trading only permitted till condition improves. otherwise, taking advantage of the situation shorters will create panic amount innocent investors and drag the market to rock bottom. India is not having money to support like US but policy can be framed.

i got message that 14 share are allocated.
but money deducted 2 times 14345.
i applied via Zerodha and only 1 application of full cutoff in retail section

please help ... what to do

Dont worry. it appears that there is some mistake at registrar's part. Write to them(      ipo.helpdesk@linkintime.co.in) with details such as application no., pan etc and bank statement showing double deduction.

Reason 300 pts in djia is approx 1 trillion market cap and it crashed more than 10000 pts that means already 30 trillion

How to recover 30 trillion using 500 billion ?

Unless otherwise theres another confirmed news about carona virus vaccine - which will be for spx, djia and nifty too - markets look precariously placed..

Two applied One alloted .. will keep the other money safe for first day selling. Get 20 more when reaches 700

Dow Jones recovered 1300 points from low.
Sgx recovered 400 pts. from low

Those who are not alloted considered lucky as they sold their shares @755/- which is 150-200/-higher rate .......

Kl Nifty 50 will down near 8000-8500 lavel
Like sgx Nifty

upi no refand axis bank

Please reply

It would happen by tomorrow don't worry

Market and SBI should postpone its launching date...

Nasdaq down 6.5% dow jones down 7.5%... trading halted for 15 minutes...
Got full allotment.
Really worried now. :(

applied for 2 lot did not got any bad luck...
one through corp bank another through upstox...

You are lucky guy because you did not allot in this market conditions

Badhai ho aapko... Congratulations... :D

help required

PAN - NO RECORD FOUND
DEMAT NUMBER - NO RECORD FOUND
APPLICATION NUMBER - SHOW ALLOTMENT ZERO

SO MY QUETION IS MY APPLICATION REJECTED OR ACCEPTED ?

go to BSE

Did you apply through third party ASBA?