CARE SHARES ARE NOT TRADABLE ON KOTAK SECURITIES I AM UNABLE TO SELL SHARES HENCE I HAVE SUFFERED A LOSS SEAMS STRANGE BUT IT IS TRUE PLEASE ADVOSE TO WHOM I CAN COMPLAIN
Shares are traded on NSE/BSE platform and not on kotak platform kotak is only feeding your order through there terminal to NSE/BSE.these big broker keep doing this type of mischief it is adviseable for retail invester not to have trading account with this type of broker besacse for them retail invester is insignificant compair to institunal invester.
Surprised why I didn''t get a single shares inspite of applying max 13 lots. The reason is fair and simple, the retailers applied for single lot(20 shares) oversubscribed the issue twice.
shareholder is a person holding shares of company , that''s why I said 99% share holders are retail applicant.
today on listing day 1.26 lac retail share holder portion will be offer for sale of shares while only 500 persons from NIB , QIB will offer the shares for sale . this is a big change .
once trading starts the sale/purchase will start in all portions
My request to chittorgarh team is to correct the format showing total subscription/ response received from public in terms of number of applications received rather than showing multiple of subscription. Should that have been done as we expect them to have complete knowledge of the new process of alllotment, many heart breaks would have been averted. Thanks in advance.
sebi is a govt org.new rule by sebi means no one get more than 1 minium lot per demate,so applying for 2 lac wouldnt be great apply in ipo,govt seems rationised the ipo kota similer to like lpg kota of 6 cylinder per year.
Hello All, For retail portion, the ratio of allotment is 101:256 for all categories. How this has been arrived? I do not understand this logic. Experts pl. comment on it. For all category of subscription, the ratio is same. That means, no point in applying for more no. of shares (or) full 2-lakhs. It would be a waste of money & tension. I think, SEBI is favouring only the small investors and not the bigger ones. Then the max. limit can be reduced from 2-lakhs to say, Rs.15000/-
IF you are long term investor then buy from market on listing date. if you select 2-3 ipo per year then no problem sacrifies the listing gain/loss for very small investor and buy this 2-3 ipo share on listing date if you are sure that these three companys are so good.
so as per my view this rule is good.
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December 26, 2012 10:55:14 AM
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