Punjab & Sind Bank IPO (Punjab & Sind Bank IPO) Detail

IOC ka chairman kabhi 450 pay fpo lanay ki baat karta hi,kabhi bolta hi abhi market faver may nahi hi, inko yah nahi malom ki market may is tarah ki rumer kitno ko lose pahucha sakti hi.

1 Barrel = 159 Liter, current oil rate 92 dollar/barrel , 1 dollar = 46 rupees , petrol price = 31 Rupees/liter, Gotala govt. 62 rupees/liter (double) rate may sell kar rahi hi ,and public ko bool rahi hi lose pay sell kar rahay hi, Andher nagri caupat raja aum janta ki pahuch say door bhaji aur kaja.

Gotala Govt. NHPC,SJVNL may retailers ko loot lay gai retailers rota muh takta rah gaya.

The market price of Punjab and Sind Bank has slipped below issue price. But total subscription was 51 times. We should not destroy our hard-earned money at least in future by subscribing to such IPOs. Most of the IPOs have given loss only. Should we not intelligent enough not to destroy our hard-earned wealth?

Dear Friends
Happy New Year 2 all.
I applied in Punjab and sind bank ipo vide appl. no. 80006405 and 80039036 in different Dmat a/c through Axis Bank ASBA.
The Amount 96000 respectively was blocked and released as well according to ipo schedule.
when i see detail for application allotment status on Link Intime website it display " unable to find ".
Amount of ASBA has been released fully having nill allotment.
Sreedhar,Natrajan,SJ,Ravi Banglore and friends kindly explain why it is saying " Unable to find " in application status and complete detail on the registrsr website.
Thanks please.........

SAIL fpo price band may be 65 to 75.

Hello All,

I applied for PSB and didnt get any allotment.Still money is not credited to my account.Please tell me how to proceed and to whom I have to contact for the same.

Thanks in advance
Dixit

Today rate of this script went down. In this rate shares are purchased or not?

Kus achay nayta bhi unko samnay ana chahiya , govt. Ko yah batana chahiya ki swis bank may 73 lakh karors kinka jama hi, govt. Ki ismay kiya bomika hi, govt. Isko apnay Bhart may kaisay laygi, income tax department kiya karay ga.

Hindustan coper ka fpo 120 say 140 pay a raha hi retailers ko 5%discount milay ga, jam kay sell karo , short sell bhi maro, yah bhi MOIL, NHPC,NTPC, NMDC ki tarh over valud hi, listing kay baad bhi 100 say 150 kay beach 2 years tak rahay ga.

“ARE RETAIL INVESTORS WAKING UP?”

Among the three recent IPOs., namely MOIL; Punjab & Sind Bank, and A2Z Maintenance, while retail investors who got allotments in the first two, could earn some profit since the shares listed at prices higher than prices at which they were offered, those who had applied for the A2Z IPO, actually lost money, when its shares listed at discounted prices and continues to remain so even now..

What could be the factors that have lead to this situation, has been discussed in my article titled “ARE RETAIL INVESTORS WAKING UP?” which appeared in the OPED page of “Business Standard” dated 1st Jan. 2011. To those who may like to read the article, the link to access is business-standard.com/india/news/n-narasimhanretail-investors-waking-up/420316/

Happy New Year

Be careful choor companies ipo like NHPC, I.B power, Cantabil, embi poly ,orient green, shree ganesh. Don,t take 10:1 risk in ipo market, secondary market very good operchunites.

Dear Friends
Happy New Year 2 all.
I applied in Punjab and sind bank ipo vide appl. no. 80006405 and 80039036 in different Dmat a/c through Axis Bank ASBA.
when i see detail for application allotment status on Link Intime website it display " unable to find ".
Amount of ASBA has been released fully having nill allotment.
Sreedhar,Natrajan,SJ,Ravi Banglore and friends kindly explain why it is saying " Unable to find " in application status and complete detail on the registrsr website.
Thanks please.........

@ 1361 - Ajay Yadav

You will have to contact the registrar of the issue, in this case Linkintime and give them your application details and they can give the status of your refund. If the reigstrar is not giving a acceptable response then you can file a compliant against the registrar with SEBI. You can login into sebi website - www.sebi.gov.in --> contact us --> and register a compliant under the link "To lodge Investor Complaint please" and they will look into the matter.

Dear Mr K.K.Nataraj, Mr Sreedhar, Mr Aryanraj, IPOFinder & all other friends,

I got benefited from all of your throughts and advises on the recent IPOs. Thank you so much for the same.

From my bottom of my heart, I wish all of you a very happy and prosperous new year 2011.

SEBI+Pramoters+Lead managers+HNIs ki caugadi dwara year 2011 ka sub say bada gotala, retailes limit 2 lakh karna.

Chivitra: Shorting means without having scrip you can buy or sell and cover it on the same day. If u want to do shorting you have to watch the stock's DMA atleast for 1 week. You have to arrive at its high and low during the period. For eg. Tecpro's low is Rs.363 and high is Rs.390. It is a low volume scrip but still you can make money if you first enter at Rs.363-365 and hold it for a week or 10 days and definitely it will rise to Rs.385-390 and you can come out.

Wishing you very happy new year 2011 all citizen of india.

Hi,

I applied for full application . 50 shares are allocated to me , But till now I did not get my balance amount (192300) refund in my account. All of my friends who applied with me got the same in their bank account. Please suggest me what should i do in this case.

31-12-2010.

FOR RETAIL INVESTORS, THE PROBLEM LIES ELSEWHERE

Happy, Wealth and Value Addition New Year to all of you!

In both the PSB and the earlier MOIL IPOs, the premium on their listing is far below estimates. MOIL which was expected to list around Rs.700/- to Rs.750/- listed far less at Rs.450/- and PSB which was expected to list around Rs.210/-. did so only around Rs.130/-, hugely disappointing investors, especially retail investors.

Retail investors are sore, naturally, Some boarders are attributing this development to SEBI's recent decision to increase investment limit in retail category from Rs.1.00 lakh to Rs.2.00 lakhs,and are demanding its roll back. Or, if this is not possible, then, they are demanding that atleast the percentage share in the IPOs., reserved for the retail category should be increased from the present 35% to 50%. There are also calls for retail investors to unite for this fight.

Both suggestions are misplaced, in my opinion. The problem lies elsewhere. Even if the limit for retail category is increased to 50% or even more, retail investors will continue to remain voiceless even in cases where managements are grossly incompetent, or are indulging in fradulant practices and are damaging or even destroying shareholders wealth. Under the present law, even if you participate in a Special or Annual General Body Meeting, which I have done on some occassion, what gets recorded as proceedings are only the management comments and approvals based strictly on the agenda circulated by the managements. Even if you make excellently researched suggestions on what is wrong with the company, and its consequential poor performance, and you suggest what are the solutions possible, not one word gets into the proceedings, and when the next AGM or SGM happens, you find that your efforts have been in utter vain. Such callous indifference is possible also because, voting is not on the basis of share holders attending, but on the total of the shares held by those who put their resolutions to vote. If 3 or 4 persons or for that matter even one from the managements, accounting for say 30% of votes, vote for the resolutions, and say, 500 attending shareholders accounting for 29% of the votes (in terms of number of shares held), vote against the resolution, the resolution is still considered approved! The nominees of banks, financial institutions, generally do not attend in majority of cases, and even where they do, conduct themselves as dumb zombies.

In the US, AGMs are dreaded by most managements, because the informed, assertuve retail shareholders do bring the roof down on the promoters, when the company is not doing well and show the door to such managements at times. Here, it is a brief ritual, may be at times also with some discomfoort and nuisance for managements, but surely something that will not stick!

If retail investors are to safeguard their interests, this aberration must be addressed first, by making atleast the gist of their comments, mandatorily included in the proceedings in the Annual Reports. There can be no greater nightmare for incompetent or fradulent managements, that could compel them to either shape up or get out, than by changing the meaning of calculating votes cast in an AGM or SGM, to mean the number of shareholders attending the meeting, and delinking votes cast, from the number of shares that each shareholder holds.

N.NARASIMHAN