It is kind of risky bet keeping in view of election result of MP, Rajasthan, Chattishgarh. If BJp repeats govt in these states then it is worth apply otherwise market may crash on result day.
Partial allotment. how is it possible when it was on first come first serve basic? Either full allotment or no allotment should happen? Or my bid was the last bid which got the left over bonds.
@AHT, I know it is not lottery. Bonds are allocated in first come first serve basis. Whoso ever submits the bid first will get allotment first. I am not sure why proportionate allotment occurred in this issue.
Allotment on First Come First Served Basis - Subject to the allocation ratio, allotment will be made on a first-come first-served basis, as well as on a date priority basis, i.e. on the date of oversubscription, the allotment will be made on a proportionate basis to all the applicants of that day on which it gets oversubscribed.
Guys, any view on Suzlon. Suzlon came out of its bad phase. Moved 50% almost in last 3 months. Kr Chousey came with its recommendation of Target Price 31. Should we start accumulating this stock.
Natvarsinh, I m not asking price. I asking date of allotment. And I know it is already listed. I am asking about the date on which it will be available for sell if allocated. If you have these information then share.
I will be happy not to get share if allotment price will be above 262. for the gain for 2-3 rupee it is not advisable to put your money on stake. If allotment will be above 262 than price after discount will be 249 where PFC share closes at 252.55 today. So getting allotment in OFS will be foolish today at 262.
I do not know why people do not apply their brain. Some people bid over 270. When they are bidding over 270 than they can purchase it from open market. Why they are bidding in OFS. They are spoiling the bidding process. OR may be there are manipulating the price. See PFC closed at 252.55 which is lower than offered price.