PC Jeweller Ltd IPO Message Board (Page 1)

sold 90 pcj at 191.50
sold 20 care at 935.50
holding nil

PCJ issue turned out well. Tara Jewels also going up.

Retail jeweller stocks UP. What is reason?

RETAIL WEAK HANDS ARE OUT OF THIS STOCK. STOCK IN STRONG HANDS. BIG FUND HOHAS PURCHASED SHARES. STOCK TO DOUBLE IN QUICK TIME

RETAIL APPLICATIONS ARE BASIS OF ALLOTMENT

In PC JEWELLERS out of 1.74 lacs Applications received in Retail , 1.55 Lac applications are made for 1 lot which were allotted shares .

it is 90% of retail application made and every one was allotted 1 lot

now onwards with this new retail allotment system based on application received , one should apply for 1 lot only for allotment, this will also not block huge funds

Also people who apply through cheques do not loose interest on their funds. People who apply through loans also get benefitted.

In retail full application also got 90 share. when Basis of allotment publish then retailer''s know how PCJ give allotment. Before listing every IPO''s Basis allotment published. PCJ Basis allotment not come. So wait & watch.

With SEBI''s new allotment rules, can retail shares be allocated to NII or QIB?

unsubscribed portion of Retail & NIB are spilled over to QIB and vice versa.

Incase of Bharti , QIB portion were app 7 crore shares , but since Retail and NIB had undersubcribed , QIB were allotted app 14 crore shares due to spill over from Retail and NIB portion.

this you may cheque from basis of allotment posted on this forum

Just curious, The retail subscription is only 1.68 times...but of the total allotment i got only 20% of what I had bid for...I can understand if the share has been oversubscribed 5 times but that is not the case here. Can someone please share light on why the Retail investor gets the short stick even if retail subscription is less than 2 times :(.

NOTE : I still hold on to the view that IPO in Indian markets are a swindlers paradise. A good IPO like this come few and far between and it is sad to see the Retail investor get the short shrift there as well...

old allotment system as per oversubscription in retail portion is no more effective now.
as per new SEBI rules now number of applicants are basis for allotment in retail . suppose 1 lac applications are made in retail, either in 1lot orupto full lot, all will be allotted 1 lot and then left over will be given to applicats of 2 lot and above proportionately as per applications received in that portion.
now retail investor should apply for 1 lot only for better chances on minimum amount blocked

So essentially that just means that as a Retail Investor in IPO, you get scr@wed both ways. If a stock is bad, you get full allotment and lose your shirt/trousers and more when listed. If the stock is even half good, you get peanuts or nothing for parking your money on the stocks. Wow...God bless the Retail Investors!!!

At this rate, SEBI can just debar Retail investors from IPO so that the small fishes dont become easy meal for the Institutional sharks. But then who is going to feed the sharks and hence SEBI will continue to look the other way. This was my first IPO subscription in 2 years and it will be the last IPO I suppose.

Why PCJ didn''t publish basis of allotment yet?

SOLD 180 SHARES AT 154 I TOLD THAT IT WILL LIST AROUND 150

PC JEWELERS THE REAL JEWEL OF INDIAN IPO

any idea about PC

sold 90 on 147

Allotted 90 Shares......sold out 80 shares @ 144.20 and kept 10 shares on hold.....M S R Mallikharjun

Reaches 145.....more than 10 % return on listing -not bad at all 1

Touches 143..... sold all.....!

dhar saheb well done..
nothing exciting as less quantity is alloted to retailers..
so even if it goes to 150-160 does not make huge dif. to overall profit

Not Bad, Not good....listed on 137

today range in my opinion should be @138-148

one month target 125-160

indicative price is 135.50

IS IT ALREADY LISTED? PRICE SHOWING 135.5 in BSE?

since when IPO started listing at 10 AM ?