Repeat of Power Grid drama- today, SCI is up by 1%.
Allotment status is available & probably it could come to demat a/c within two days. In that case, risk-appetite investors can sell today.
I assume this as this has happened in Power Grid FPO.
In other words, investors need to just assume that it will be credited to demat a/c within two days & SELL. If that does not happen, then need to incur some loss.
I have not applied & I am staying-away from this counter at this moment.
Breaking News:SCI allotment Status-2 LAC APPLICATION ALLOTED 224 SHARE AND 1 LAC APPLICATION ALLOTED 112 .iNVESTOR CAN CHECK LATEST STATUS ON http://203.199.177.158/ipo/. SCI Currently in cash 140.15 at 12:50 pm. Plz note Share not come in Demat a/c. So take care before selling.
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December 14, 2010 10:11:22 AM
Top Contributor (500+ Posts, 100+ Likes)
Easy way to check the status of allotment is to check the ASBA account through which booking has been done. If it shows some amount deducted for the IPO, the the allotment of shares will be done within two days of deduction. It is also advisable to all to register for free SMS with the bank. No sooner amount gets deducted the same is conveyed to you. This has also benefit of knowing any fraudulant withdrawal. As of now no deductions have taken place in SCI FPO
SCI FPO ALLOTMENT OUT. THOSE WHO APPLIED FOR SHARES 1400 (2 LAC) GOT 224 700 (1 LAC) GOT 112 YOUR PROFIT FOR 2 LACCCCCCCCCC APPLICATION IS MERELY 140-133=7*224=1568 WHAT JOKE BY SEBI BY INCREASING RETAIL LIMIT TO 2 LAC. IS THEY ARE RECONSIDERING IT OR NOT
Is the allotment has been done by SCI till now no allotment status link is available in their website. Very poor functioning from once upon a time No. 1 registrar.
One will be able to make only Rs. 1000 maximum on 1 lac issue....no chance of earning like anything in this issue.It would just take you away with the simple bank interest. Allotment on 14 th