Same issue....BUT WILL HAPPEN BY EVENING...BE CALM
713.6. sauravk| Link| Bookmark|
March 28, 2017 10:23:27 PM
Top Contributor (200+ Posts, 400+ Likes)
What do you all mean by saying money not blocked? I apply from icici asba and immediately after submitting application, the total available balance reflects the updated balance although the total balance shows full balance. I recently applied for dmart and now shankara. Same thing happened. Getting confused by these blocked/not blocked message? Is there something not happened correctly in my applications?
Shankara IPO GMP is 130 - 135...If market condition is good on 5th April, then it can list around 600-610.....Hope for the allotment which is difficult as the ratio is 1:12......
If you were new to the group in early 2016 and had invested Rs 1 crore in each and every IPO in 2016 and got the allotment according to the HNI category and still were holding all the shares allotted, you would have made a whopping profit of 37%.
Only caveat is you would need another Rs 9.1 crores to hold on to the shares allotted. So at the end of the year portfolio COST Rs 9.1 crore, profits 3.3 crores, Total Portfolio 12.4 cr. The profits have not been annualized (which itself would be a big number if done Time weighted Returns).
On the flip side if one sells the allotted shares on the day of listing..............the returns drop to............ (wait till evening) ;)
If you were new to the group in early 2016 and had invested Rs 1 crore in each and every IPO in 2016 and got the allotment according to the NII category and still were holding all the shares alloted, you would have made a whopping profit of 37%.
Only caveat is you would need another Rs 9 crores to hold on to the shares allotted. So at the end of the year portfolio Rs 9.1 crore, profits 3.3 crores. The profits not annualized (which itself would be a big number if done Time weighted Returns).
SHANKARA IPO DETAILS • • Bid/Offer Opens On: Mar 22, 2017 • Bid/Offer Closes On: Mar 24, 2017 • Finalisation of Basis of Allotment: On or about Mar 30, 2017 • Initiation of refunds: On or about Mar 31, 2017 • Credit of Equity Shares to demat accounts: On or about Apr 03, 2017 • Commencement of trading of the Equity Shares: On or about Apr 05, 2017
Can anyone please please tell me the correct broker name, through which I can apply to SME IPOs? I am from Pune and having Dmat account in Ventura, but Ventura is not dealing with SME IPOs. Further I have also contacted to ICICI Direct, but unfortunately they are also not dealing with SME IPOs. Those who have already applied to SME IPOS, Kindly request you to please tell me the broker name. Thank you.