Shilpi Cable Technologies Ltd IPO Message Board (Page 14)

hi sreedhar

can u tell me when will get sbi bonds interest
as
SBI has fixed March 17 as record date for payment of interest on the first year of these bonds ie March 16-March 31 2011

Thanks Mr. Dinesh shah for your kind information

Sreedhar

Sorry, I have not given any E-mail address in my profile since there was no option available. You can send your E-mail address on my mobile given in my profile so that I can send you my portfolio list.

ha finally sbi n5 crossed 10400.those who still hold enjoy

Sreedhar

Long live

I have got a large number of shares in my portfolio & do not know which to retain for long term & short term and which to sell immediately. I would be grateful to you if you review my portfolio & give your suggestions. Pl. communicate by E-mail so that I can send you the list. My E-mail address is in my profile.

@nifty fifty
The Virgo Engineers IPO which is scheduled to be hit the market in the 3rd week of Jan 11 has been postponed to indefinitely. Meantime’s if any development takes place, I will let you know, since I am working with this company only.

GEM- thanks.

Ravi,Bangalore

I agree with you. The IPOs and even the bonds which got listed recently appear to follow only the technicals, subscription levels, operator play & the market hype and it takes fews days for the fundamentals to act.

I follow the following funda in applying for an ipo.

1) Apply in all govt / public sector issues except when the valuations are too high and the subscription levels are low. The risk of these companies vanishing away is not there.

2) Apply in companies which I have heard/seen their products/brands.

3) Take a view after the seeing the various recommendations of brokerages (ofcourse many times it doesn't correlate with the performance after listing).

4) Finally read the views of the boarders and the experts of Chittorgarh and take my own decision.

Might be I can try the strategy you adopt for the tiny issues which generally I give a pass.

PTC FIN.
LISTING DATE OUT
ON 30 th MARCH

Dear All,

Who have applied for Shilpi Cable is lucky,

Latest GMP 8.25 to 9.

cld

simple route:-

either follow cash basis or accruel basis....

if u are following cash basis then consider the income for next yr, if accruel then pay this yr, u can choose to do anyone, in small individual return ITO generally forgive this tiny things...

but for margin of saftey because these days we r only filing ROI FORM no b/s etc requre so u :-

so this as income of this yr itself and be in peace of mind.

complicated route:-

here you have to fight with ITO under section 2(47)of incomet ax act which defines "transfer when complete"

since share are sold on 31 st march the transfer of ownership takes place under t+2 days so till31 st march transfer isnot complete so no tax liablity in this yr, pay in next yr.... these are professional tricks i dont want to go much deeper...

Friends,
I have started booking profits in ICICI Bank,Tatamotors,LIC Hsg finance & Reliance Industries.Those who have bought them (if any ) can also book profits at this level.5700-5750 is a great resistance zone & will be breached only if brent oil comes to 100-105 range.

Dear Senior members

Please anybody tell me about what is Kostak and How the GMP is calculated/arrived.

Gem ipo finder

Thanks for your reply on SBI bonds return taxation.

I have one more question. How you will account for the gain/loss of securities in cash market sold on 31st March, the proceeds of which are credited to your bank a/c on 3rd April. Will you take the gain/loss into account in FY 2010-2011 or 2011-2012

vas net

ur both the application will be rejected at bidding time itself because system will notaccept 2 application from same deemat/pan no so in the evening whether u decide to stop one ur both will be rejected due to multiple application..

friend try to understand the technical reason

vas net

i know ur motive behind that qstn it was how to get more allotment with the same money at opportunate time........

but i just ansrd the technical side of ur query like u wanted to play with two 2lac applications thats why i said , both will be rejected etc,

212. vas nat

For tiny issues, it is better to apply if HNI or QIB (either one) subscribes 3 - 4 times. No need to panic looking at brokerage house reports, valuation, promoter track record etc.

For good issues, I apply four full applications. However, for junk issues I submit only one application irrespective of their fundamentals.

Caveat is investor need to exit immediately on breach of IPO issue price. After missing HMVL, I have done this strategy & made handsome gains.

Nifty fifty - In general what you say is right. But take the case of Fineotex when the Retail is over subscribed 4.38 times whereas HNI is subscribd 0.22 times. That means if you had applied 2 lacs in retail, your allotment is 45,600 approx whereas if you had applied for Rs.2.01 lacs(HNI) your allotment is full 2.01 lacs.

For the same 2.01 lacs allotment you should have applied more than 8 full applications in retail. Ofcouse the interest cost of application is also less.

This is a rare occasion but why not take advantage.

vas net

If you are thinking to apply in HNI. Then you have to put a huge amount in to HNI as situation is same like retail category.

if you are applying in hni and your budget is less then 50 lakh or 1 crore then there is no use of applying.

may be you will get the share in draw in HNI if your budget is less then 1 crore

Keyur patel

YOU will get your interest with in 4 or 5 days as the registrar is sending cheques. i got the interest cheque on saturday, hope you will get it soon ..