SUPPOSE RECORD DATE FOR ISSUING BONUS SHARES LETS SAY FOR ONGC IS ON 10 SEPTEMBER, MEANS ANYONE WHO IS THE SHAREHOLDER ON 10 SEPTEMBER WILL BE ELIGIBLE TO GET BONUS, I OUR MARKETS SETTELMENT IS DONE ON T+2 BASIS THAT MEANS TO BE ELIGIBLE TO BECOME A SHAREHOLDER ON 10 SEPT ( RECORD DATE )U WILL HAVE TO BUY THE SHARES NOT LATER THAN 2 TRADING SESSION BEFORE THE RECORD DATE THAT IS 8 SEPTEMBER ( EX-BONUS DATE), U CAN SALE THE ORIGIONAL SHARES( BOUGHT ON 8 SEPT) ANY DAYS POST 8 SEPTEMBER, U WILL GET THE BONUS IN DUE TIME MAY BE 10-15 DAYS POST RECORD DATE.
The companies, which are planning to come out with their IPOs include Indosolar, Commercial Engineers, VA Tech Wabag, Ashoka Buildcon, Electrosteel, You Broadband and BS Transcom.
As many as 11 small to medium scale companies, including tutorial service provider Career Point and entertainment and media firm Eros International, are preparing to launch their initial public offerings this month, merchant banking sources told PTI.
----Dear Friends & EXPERTS, need your kind assistance to clear the Bonus and Dividend issue as below: Companies are announcing Liberal BONUS / Dividend on selected date (Example: Bonus 1:1 on date September 01, 2010), later, we sell the same share on September 03, 2010 after the Bonus Date, then, Bonus will affect to our account or not???
Ravi Bai well said about Operators. I think so everbody has to keep this in mind while investing or trading. Much needed !!!!. Let us save the poor retail investors from getting trapped in stock markets.
dear sj and sreedhar,kdly refer economic times on page no. ..17.. of today, it has mention that for retail limit has increased from one lakh to two lakh FROM THIS MONTH,...kdly inquire and let us know whether it is true..
As many as 11 small to medium scale companies, including tutorial service provider Career Point and entertainment and media firm Eros International, are preparing to launch their initial public offerings this month, merchant banking sources told PTI.
The companies, which are planning to come out with their IPOs include Indosolar, Commercial Engineers, VA Tech Wabag, Ashoka Buildcon, Electrosteel, You Broadband and BS Transcom.
"All these companies are trying to hit the market before September because otherwise they will have to re-file the June quarter financial results with the capital market regulator Sebi. Till September, they can go with March quarter financial results," said a person involved in a number of these IPOs.
DETAILS OF NEW IPO'S ,AS PER MARKET SOURCES------------ASHOKA BUILDCON 6/9 225 CRORES ORIENT GREEN POWER 13/9 900 VA TECH WABAGH 14/9 300 MICROSEC FINANCE 20/9 150 TECHPRO SYSTEMS 21/9 350 SEA TV NETWORK 16/9 ----- CANTABIL RETAIL 20/9 200 CHITTORGARH PL. OPEN BOARDS FOR THESE ISSUES
va tech wabag current gmp is 225-250 only buyer at 12:55 p.m. In Kolkata..
Price band expected is 1300-1500....
So 15 percent premium is ok
after starting of ipo date subscription........numbers will start...if retail is a bit lukewarm in starting...then possibility is it may come down to 170 odd...which is a good level to buy in grey.......else if retail is low after subscription then it will be even lower..
That doesnt mean ipo...is bad it is just a strategy for people who want to buy in grey