Feedback Message Board

Markets are going through a very tough phase. Be patient and learn the right lessons and move on. Stock Market Investment is Risky as well as Rewarding depending upon macro and micro factors and timing of buy / sell decision of individual investor. One should invest only that much amount which he can spare and wait to get returns over a period of time and patiently tide over trying times such as this.

Dear Shri Dilip Davda,
Fresh Issue is for 50 Cr. 666666 shares @750. Adding this to the Pre Issue Equity of 17.30 Cr makes Post Issue Equity 17.97 Cr. as against 24 Cr. mentioned in the Review. Kindly clarify.

As the Retail Investors have burned their fingers in PFC and Dredging Corp OFS, Govt should consider introducing Safety Net mechanism for the benefit of Retail Investors and in the interest of future PSU Disinvestment. Let Investor Associations take up this matter with SEBI.

Lesson from PFC OFS ( FIASCO ). Had Retail Investors allowed to bid only at cut off, instead of bidding and re bidding at higher price points keeping in mind the 5% discount. every one would have received proportionate allotment at the cut off price of 254.10 less 5% discount i.e at Rs.241.40 per share and would have escaped unhurt. iS sebi listening ?

PFC OFS must be withdrawn and fresh issue shall come on a later date with modified terms after deep analysis by SEBI.

Mr Ravijai, You are correct. As there is 5 % Retail discount it is better to place some price bids also.

PFC OFS Allotment is on Price Priority Basis. Cut Off Price is the least price upto which Non Retail Bidders are allotted. In the Retail Category all those who bid over the cut off price will get allotment. Depending upon the extent of over subscription those who bid at cutoff will get full or proportionate allotment. Other Retail Bidders will not get any allotment

PFC OFS Allotmenment is on Price Priority Basis. C

To safeguard the interest of Retail Investors, SEBI must make it mandatory for all Issuers to offer 5 % discount as in the case of PSU Offerings. Also QIB Portion should close one day earlier as was being done earlier.