Power Grid Corporation of India Ltd FPO Message Board (Page 3)

ANYBODY GOT REFUND IN HDFC ?

we had appiled 4 this fpo & moneny has been debitted to our a/c. but we have not recd either allotment or refund.any help.appln no 4 2979884 b.n vasundara,4 2979852 n.s.gopal. 4 2979853 b.n.vinutha,4 2979851 h.n.y.narasimhan.

i have applied for fpo but my broker submitted form without bidding .now how can i get my refund back

how is this share
to hold or to sell

For the remianing shares, I will wait for the target of 110. If there is a chance of increase further, I will wait for that.

Srini, did you manage to sell the remaining shares or still holding it?

Gane.

1925 Suresh,
Many times your 1 Lac can become 90000 in secondary market, even in 15 days, like in current situation...

anybody get refund in hdfc bank ?

So most of them got around 290 shares in prower grid.

what is the use of buying this.

290 * 7= 2030

so our profit is 2000 only..

but for this they blocked 1 lakhs of money for one month.
if we would have invested any of the Group A share for one month .i am sure we can earn more than this 2000 rs.

Please share your thoughts.

For refund allottment etc. contact registrar on following address.

See below the mail received from HDFC.

Dear Mr. John,

This is in reference to your mail.

Please note, that the allotment of shares or refund of application money is
done by the respective Registrar / Issuer of the IPO.

The Registrar will credit the shares to your Demat account or the refund
amount will be directly credited to your Savings Account or a cheque for
the refund amount will be sent to your mailing address registered with HDFC
Bank -Depository Services or application amount will be released to your
saving account if applied through ASBA, post allotment.

Hence, request you to contact the Registrar for the same.

For any further details we request you to contact the registrar of the
issue which is "Karvy Computershare Pvt Ltd
", and the contact details are as mentioned below:

Website: www.karvy.com

Karvy Computershare Private Limited
Plot No 17- 24
Vthalrao Nagar Madhapur
Hyderabad - 500081

Telephone 040-23420815-824
Fax 040-040 - 23420814
Email einward.ris@karvy.com

Assuring best of our services at all times.

Yours Sincerely,

Gayatri Poojari
Customer Care Desk
HDFC Securities Ltd.
Contact : 61411700 (Mumbai)
1800-209-9700 (Toll Free)

Refund of powergrid credited in Axis BANK YESTERDAY..
pROFIT IS SINKING.
vat 2 do,pls suggest..

Hi Suresh
1921
I agree with you.You are right.

Dear Friends,

I new to this forum but I am watching this forum for some times and taking lot of ideas from you guys. I have some thought on MOIL –IPO which I wanted to share with you all and request your feedback on the same.

The CIL –IPO and MOIL – IPO has lot in common both are come in very good valuation and discount to retail investors. Only difference is the Retail limit has been increased to 2 lacs on MOIL.

When you analysis the retail response on the CIL - IPO and Power Grid – FPO the retail response is overwhelming and I am sure the MOIL will have the same response . Now increase in the maximum limit for retail investor will allow the investors will lead to double the average investment size in the IPO application, which will lead to the less allotment subsequently.

This analysis based on the no of application received in the CIL – IPO and Power Grid –FPO and considering the issue size of the MOIL.

------------------
Coal India - IPO
------------------
Issue Price      245
No of Shares Allotted to Retail      198,965,479
Value of Retail Allotment      48,746,542,355
No of Shares Applied By retail      454,048,025
No of Times Subscription      2.28
No of Applications received       1,626,905
Total Value of Bids received       111,241,766,125
Average value per application      68,376
Aprox. Allotment Value in Rs terms      43,820
Aprox. Allotment no of Shares      179
-----------------------------------------------------------------
Power Grid
----------
Issue Price       90
No of Shares Allotted to Retail      293,432,526
Value of Retail Allotment      26,408,927,340
No of Shares Applied By retail      1,119,077,375
No of Times Subscription      3.81
No of Applications received       1,418,587
Total Value of Bids received       100,716,963,750
Average value per application      70,998
Aprox. Allot. Value in Rs terms      26,221
Aprox. Allotment no of Shares      291
---------------------------------------------------------------------
MOIL-IPO : Scenario 1
*Scenario 1 based on the average value of per application at RS 69,687.00 (without considering the impact of the retail maximum limit of 2 lacks)
---------------------
Issue Price       375
No of Shares Allotted to Retail      10,752,000
Value of Retail Allotment      4,032,000,000
No of Shares Applied By retail      282,975,112
No of Times Subscription      26.32
No of Applications received       1,522,746
Total Value of Bids received       106,115,667,014
Average value per application      69,687
Aprox. Allot. Value in Rs terms      7,599
Aprox. Allotment no of Shares      20
------------------------------------------------------------------
MOIL- IPO Scenario 2
*Scenario 2 based on the average value of per application at RS 139,374.00 (with due consideration of the impact of the retail maximum limit of 2 lacks)
------------------------
Issue Price       375
No of Shares Allotted to Retail      10,752,000
Value of Retail Allotment      4,032,000,000
No of Shares Applied By retail      565,950,224
No of Times Subscription      52.64
No of Applications received       1,522,746
Total Value of Bids received       212,231,334,027
Average value per application      139,374
Aprox. Allot. Value in Rs terms      3,800
Aprox. Allotment no of Shares      10
--------------------------------------------------------------------

My question- What is the use of applying for the IPO to get 10 or 20 shares and keep blocking the money for at least 15 days?

Regards
Suresh

It is an excellent stock to hold. It is more than 65% delivery takeout in NSE. So people are buying.....Please don't sell atleast before it reaches 103

Hi Shreedhar Ji,

As per your advice to hold on Power grid to its target price 98, so today it only touched 97.75, my bid was 98. how about 2morrow target? plz suggest.

Thanks,
Sameer

Hi BReddy,

Thanks a lot for quick reply..
I have again verified DP ID and Client ID is correct.
Actually i am also getting the same message on Power Grid FPO allotment online status.
That's why i am worry that how i get my money refund?

Please let me know any contact information to get deatils for the same.

Dear Ruchir
with the details you have given it is appearing that you have wrongly entered your DPID/CLIENT ID details. please checkup once again.

Dear ALL,

Is anybody Help Me???

I have applied for 390 Power Grid FPO of Rs 35100/- using ICICI Net banking and the details for the is given below.

But no share has been allocated in my Demat Account also i have not get refund to my account.

Is anybody provide me information to get information regarding refund.

DP ID : IN302269
Client ID : 11234049
BID : 187461747
Transaction Code : IPOI160170
Transaction Date : 09/11/2010


Please help me....

Thanks and Regards
Ruchir Kr. Mehta

Application No.      42302597
Name      MR MOOL CHAND RATHI
Shares Applied      1105
Shares Alloted      296
Congratulations!

You have been alloted 296 shares against your application

Karvy has very poor knowledge and thay are misguiding clients, thay are not selling fpo alloted shares today, according him today is locking period, NSE , BSE should take action againest this type of 420 se.

Sold 297*4 @ 96.8. I got credit to my DP a/c today morning.

It is capital intensive industry. Its Return on Equity (RoE) will not improve significantly like financial stocks. Hence, market will not assign high Price to Book Value (P/BV).

I believe 98.50 is the strong resistance. If crosses 102 Probably, I would like to buy around 88-86.