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Credit Analysis & Research Ltd IPO Message Board (Page 4)

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233. Prem toshniwal |   Link |  Bookmark | December 23, 2012 5:06:38 PM
Applied three application for 20 shares each.
Fortunately allotted 20 shares each in all three account, means 60 shares in hand. What strategy should I adopt?

Experts plz advise....
Any news about grey mkt premium and listing date ?
232. prashant marfatia |   Link |  Bookmark | December 23, 2012 4:04:01 PM
CARE IPO REFUND CREDITED TO BANK ACCOUNT ON 22/12/2012
232.1. shetty |   Link |  Bookmark | December 24, 2012 12:14:15 PM
Dont give wrong information, its still not credited to Bank account. i checked with Karvy.
231. prashant marfatia |   Link |  Bookmark | December 23, 2012 4:02:09 PM
JUST CHECK THE KARVY MOBILE APPLICATION AND ENTER YOUR PAN NUMBER THERE YOU WILL EASILY GET THE ALLOTMENT STATUS
230. Ipo tracker |   Link |  Bookmark | December 23, 2012 2:26:33 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Hi everybody,
This is my first post. This site is very useful and informative. Thanks to mr. UK SINHA & his team i haven''t been allotted a single share in spite of applying 260 shares in care. If it was old method every full applicant would have got 43 shares. New method of retail is ridiculous as high risktakers are not rewarded suitably. I have written strongly to sebi@sebi.gov.in to revert back to old method. In old method on bid closing day itself one w''d know how much will be allotted, now it has become a suspense thriller. Anyhow being a fund. strong co, it c''d list above & stay above 900.
230.1. santonu |   Link |  Bookmark | December 23, 2012 4:30:39 PM (200+ Posts)
if old method of allotment was followed then issue could have been subscribed many times instead of mere 3 times in retail category as most of retail would have applied for maximimum lotand finally those who applied for maximum lot could have been content with 20 share.
230.2. tarun a |   Link |  Bookmark | December 25, 2012 8:41:55 AM
Santonu: Do you even know the basis of allotment before making comments like these? There were 21031 applications received for 260 shares, and 245680 applications for 20 shares. This is a normal ratio 1:10 applications at lowest lot vs highest lot in any IPO

People who had to apply for 260 shares still went ahead and did it. The overall subscription would have hardly changed if the old rule was there, but would have helped serious investors to get shares as against those who want to sell on listing day
229. SARBANANDA GATTANI |   Link |  Bookmark | December 23, 2012 11:36:04 AM
CARE WILL LIST AROUND RS 1000 - WHEN BEING COMPARED TO ICRA AND CRISIL PRICES AND THEIR WORKING - ALSO IF IT CAN BE HOLD ON FOR 2 MONTHS WILL GIVE A PRICE OF 1200
228. live lovelaugh |   Link |  Bookmark | December 23, 2012 9:12:09 AM
at least you know the status of your application.i have tracked on web site of karvy ,spoken personally to them and provided them with application no, pan no,demat no and even bid process no from ANGEL BROKING LTD but no result.
227. live lovelaugh |   Link |  Bookmark | December 23, 2012 8:46:40 AM
still no trace of my application status.the application was submitted with ANGEL BROKING LTD on 11/12/12 and the cheque cleared on 13/12/12.
226. Athar |   Link |  Bookmark | December 23, 2012 7:13:08 AM (200+ Posts)
I request Mr Sridhar to reenter this ipo discussion form and guide people like me.Will you please come in Sir?
225. ARCHIT SHAH |   Link |  Bookmark | December 22, 2012 11:10:36 PM
Thanks to Sebi.....

Yeh mera india.........

after all we have good thinkers.....
224. ARCHIT SHAH |   Link |  Bookmark | December 22, 2012 11:09:00 PM
New rules of sebi is very good.

This help the people who had less money for apply.
this help the people who had more money to apply by preventing them from any trap.....in the terms of more share and bad company.
223. lalitg |   Link |  Bookmark | December 22, 2012 9:45:33 PM
No, now it become pure lottery. No one will be sure for getting the shares. Smart people will start applying from multiple accounts to increase the probability. You can find the comments, one guy applied in 15 applications still no surety of getting a single lot. Luckily he got some lots, but it possible he didn''t get any lot or get 15 lots.
223.1. lalitg |   Link |  Bookmark | December 22, 2012 9:48:30 PM
I wonder why sebi didn''t change the limit of 2 lacs to 30k.
222. CLD |   Link |  Bookmark | December 22, 2012 9:11:42 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
New rules seems to be excellant. Now people will not raise loan at high rates for applying in IPOs. A loan of 2 lakhs costs an investor Rs. 3000 for 15 days @ 3% p.m. People who got 20 shares of CARE & if the premium on listing is Rs. 150, then such people who have raised loans hardly get any benefit. On the other hand people who just applied only 20 shares & also got them is highly benefitted. In times of large no of IPOs being offered within short period, one can apply in all IPOs with small fund availability without resorting to raising loans. As such, it is beneficial to all.
221. santonu |   Link |  Bookmark | December 22, 2012 5:19:27 PM (200+ Posts)
Though I am not alloted a single share after applying 4 different applications but i found this method quite interesting.now people will not be applying for max lot ,instead 90% retail will apply for minimum lot.As a result even good issue won''t be oversubscribed heavily and everybody will have chance to get alltment
220. PREMAL SHAH |   Link |  Bookmark | December 22, 2012 5:07:22 PM
heavly volume trade in premium market...care is 135 in morning now trade between 155-160 its come back from lower level.....pcj morning lower level is .50 paisa now its buyer @ 3rs...bharti no volume in morning but right now buyer @ 3.50 rs ...hope care well doing well so pcj and bharti also doing good ...
219. STAR IPO KING |   Link |  Bookmark | December 22, 2012 4:11:09 PM
sebi seems reverse the alotment ratio,for minumum appl.full alotment,for bellow 1 lac minimum lot.and over 1 lac goes to hni category.
218. RAJ KUMAR |   Link |  Bookmark | December 22, 2012 2:03:28 PM
I HOPE CARE LISTING PRICE ABOVE 900 - 925
217. lalitg |   Link |  Bookmark | December 22, 2012 1:50:11 PM
I applied for full application but didn''t get a single share. My money blocked for approx 10 days. I found others also in same situation. I send an email to sebi regarding it.
Please send email to sebi(sebi@sebi.gov.in) regarding new rules if you also think these are not good. New rules for allotment made it pure gambling.
216. cpb |   Link |  Bookmark | December 22, 2012 11:04:53 AM
PC JWELLERS ALLOTMENT IS AVAILABLE AT KARVY SITE
215. YESWANT KHANDELWAL |   Link |  Bookmark | December 22, 2012 10:49:42 AM
CARE KA ISSUE BHI FUSS HOGA
214. S.kumars |   Link |  Bookmark | December 22, 2012 9:47:41 AM
if price discover at 900,it may test 20% upper circuit ,so 1 can cross its fingers.