The shares are appearing, but they are locked, i.e. not available for sale. I spoke to the relevant person in the brokerage and they confirmed that many brokerages offering online trading platform faced problems. The investor can sell these shares through offline mode and shares will be automatically be debited from their account.
I feel government must come ahead and look into this issue to protect retail investors interests. Action must be taken against registrar / brokerage houses, whoever is responsible for the technical glitch.
dear.you should not consider power grid fpo f&o and cash market price are about same.i believe u came to know about what happened yesterday.most of the investor shorted about their share in the morning and all were trapped.bcz the price go up vaery fast.all have to bear the loss.so be cautious and dont believe it will go down and the chances are the operators will boostup the stock.and it can go higher.so be alert.bcz fpo will list seperately as a new share.
NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : LISTING DownRef.No.: NSE/CML/25297 Date : December 18, 2013 Circular Ref.No.: 1060/2013 To All Members Sub : Listing of Equity Shares of Power Grid Corporation of India Limited pursuant to Follow on Public Issue In pursuance of Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the list of securities further admitted to dealings on the National Stock Exchange (Capital Market segment) with effect from December 19, 2013 shall be as specified in Annexure. In pursuance of Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the respective lot sizes in respect of securities above shall be as specified in Annexure. For the purpose of trading on the system, the security shall be identified only by its designated codes and trading in such securities shall be in such lot sizes as specified in Annexure. This circular shall be effective from December 19, 2013. For and on behalf of National Stock Exchange of India Limited Samir Rajdev Manager Telephone No Fax No Email id +91-22-26598235/36, 8346 +91-22-26598237/38 Email
ANNEXURE Symbol POWERGRID Name of the Company Power Grid Corporation of India Limited Series EQ ISIN* INE752E01010 Face Value (In Rs.) 10.00 Paid-up Value (In Rs.) 10.00 Issue Price (In Rs.) Rs. 90/- per share Rs. 85.50/- per share for Retail & Employee category Security Description Equity shares of Rs. 10/- each issued pursuant to Follow on Public Issue Date of allotment 16-Dec-2013 No. of securities* 601864295 Distinctive number range 4629725354 to 5231589648 Market lot 1 Pari Passu Yes * Currently equity shares allotted in dematerialized mode have been credited under the temporary ISIN (IN8*********) in accordance with the SEBI circular no.CIR/MRD/DP/21/2012 dated August 02, 2012 and CIR/MRD/DP/24/2012 dated September 11, 2012 regarding activation of ISIN in case of additional issue of shares / securities. Note: Members of the Exchange are hereby requested to note the following regarding the offer for sale of 185189014 equity shares of Rs.10/- each of Power Grid Corporation of India Limited by the President of India: ''''The Depositories (NSDL and CDSL) have informed the Exchange that credits to the respective accounts have been carried out''''. The aforesaid 185189014 equity shares are already listed on the Exchange. Lock-in details: Distinctive Number Range From To No. of Shares Lock in End Date 1 2927565398 2927565398 15-Dec-2014 2927565399 3112754412 185189014 Not Applicable 3112754413 3214024212 101269800 15-Dec-2014 3214024213 4629725353 1415701141 Not Applicable 4629725354 5231589648 601864295 Not Applicable Total 5231589648
I applied in d name of my father funded from my Bank account not link wid father''s bank account...any 1 plz help me to know dat will I get refund in my bank ac or my father''s dmat connected bank account?
Have got the same 2 lots of 1029 each and have shorted one lot of 2000 shares@ 99 for december series .. So i have square of my position ..not sure why your have shorted 8000 ... God forbid if the share goes to 110 tomorrow ...you are over exposed by 6000 shares and can have a loss of Rs 66000 (11 per share) ... disclosure: i have limited knowledge of this ..maybe there is another logic which i dont know and you might explain
Expect 150 DMA at 103.85 and 200 DMA at 104.74 act as strong resistance. Close to these levels heavy selling should happen taking the stock to lower levels from here.
while nse circular give ISIN NO. as INE752E01010 where as in d-mat account fpo shares of POWER GRID are under INE752E01019. why this difference and will this create any problem while giving delivery against sale.
FPO shares has been given separate ISIN #, just to identify FPO shares . Since LISTING date has been announced 19th, FPO shares will start trading tomorrow but AFTER 10 AM only as per rules for new listing . OLD shares will Be traded as usual on exchange opening .
194.2. Lokesh Chiru| Link| Bookmark|
December 18, 2013 5:18:25 PM
Top Contributor (400+ Posts, 200+ Likes)
Hi,
Can I sell the shares at market opening only at 9:15 AM and square it off as the same will be alloted after 10 AM as per what u said
Sub : Listing of Equity Shares of Power Grid Corporation of India Limited pursuant to Follow on Public Issue In pursuance of Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the list of securities further admitted to dealings on the National Stock Exchange (Capital Market segment) with effect from December 19, 2013 shall be as specified in Annexure. In pursuance of Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the respective lot sizes in respect of securities above shall be as specified in Annexure. For the purpose of trading on the system, the security shall be identified only by its designated codes and trading in such securities shall be in such lot sizes as specified in Annexure. This circular shall be effective from December 19, 2013.
Aisi bhool mat karna aapkepass 150 share hein , PUT ka lot size 2000 ka hein, kuch bhi ho sakta hein - 150 ke jawab mein 2000 se protection....no..no...!!