As mentioned earlier in upcoming Issues,DQ Entertainment is coming soon with its IPO.It has already completed IPO preplacement.Get ready folks for this Issue if it is fairly priced.This is another niche sector with Prime focus being the only listed peer as far as I remember.
Can any body guess and tell me that approximately how many times the retail portion of REC can go at issue close tomorrow, as there will be full allotment for even 1lac application as of now (only 0.0336 times in retail, very poor response) Ravi Bangalore, IPO King, Smc Global, Gem IPO Finder, Sreeedhar? Are u hearing?
Dear Ravi,I have already sold shares of NTPC alloted on Friday itself after checking BSE circular dated 18 Feb.It clearly mentions no separate intimation for trading of FPO shares will be given & also the attached annexure in the circular clearly states there is no lock in period for FPO shares and are free to sell.I was in a hurry to sell as I had written 2 200 Feb calls of NTPC and wanted to sell them before NTPC breached 201.
Can any body guess and tell me that approximately how many times the retail portion of REC can go at issue close tomorrow, as there will be full allotment for even 1lac application as of now (only 0.0336 times in retail, very poor response) Ravi Bangalore, IPO King, Smc Global,Subhashchand Sreedhar? Are u hearing?
Ravi, Bangalore, I sold my NTPC FPO shares last Friday itaself. My brokers told me I can sell. I sold because I can get money which I can use for United Bank issue.
Exchange will assign separate lock-in period for NTPC FPO (new shares). Till those new shares are listed, investor cannot sell even if they are in demat a/c.
If you try to sell FPO allotted shares, software will not allow. It will show you error message. However, if you have normal shares (bought in normal market), you can trade normally.
Retail subscribed by 2.5 times as of 1400 hrs.At current run rate it may subscribe max by 8.5 times.Final subscription will be around 8.5 + or - 1.It is being heavily subscribed in QIB & HNI categories.Already 45 times in QIB,HNI combined.So ideal issue for retail investors wherein Heavy subscription in QIB,HNI & relatively lower subscription in retail indicates far greater returns for us as allotment to retail would be high & with heavy subscription in QIB,HNI ensures bumper listing.Retail got great returns in Jubilant due to this reason only.Good that I have stopped cheques in majority of my applications for ARSS.