Power Grid Corporation of India FPO Message Board (Page 5)

can i sell the shares on 19th of dec assuming T +2 settlement.???

Kotak Bank also release ASBA amount and debited Rs. 87979.50 for 1029 Shares
In my another account I got 1030 Shares also

OK THANKS.

Today at 9.45 AM HDFC Bank mein amount debited Rs. 87979.50 against 1029 Share..........application for 2250 Shares
In another Bank i.e. in Kotak Bank mein abhi tak koi activity nahin...!

my account with bankof baroda.

DEAR KSK,

powergrid ke ASBA ke paise kab katte apke bank a/c mese?
mere abhi tak nai kate he money from bank.i apllied through ASBA.

ASBA walo k sabke paise kat gaye kya?

Plz reply all.

Today at 9.45 AM HDFC Bank mein
In another Bank i.e. in Kotak Bank mein abhi tak koi activity nahin...!

Abhi nahi kate hai

aT LAST IPO FINAL I got 1029 shares in 2250 category ASBA amount debited and balance release

Amount debited Rs. 87979.50 @Rs.85.50, my account is with HDFC Bank

Powergrid Basis of allotment
150/150.
300/213
450/276.
600/338
750/401.
900/464
1050/527.
1200/589
1350/652.
1500/715
1650/778.
1800/841
1950/903
2100/966
2250/1029

Allotment of 338 shares have been confirmed by PNB in my two accounts separately through E-mail

I had applied for 600 shares ( Rs. 51,300 @ Rs. 85.50 per share )each in two accounts. I will be getting 338 shares in both accounts since the amount deducted from my PNB ASBA account in both cases is RS. 28,899 & the rest has been released.
In the third account I had applied for 300 shares through normal cheque. Although full amount has been encashed in this case but it is not known as to how many shares will be alloted in this case. Going by latest SEBI rule, I am expecting full allotment of 300 shares in this case.

So friends do not expect more than 338 shares in any application. People who have applied for 150 or 300 shares will get full allotment.

Allotment is finaly 18 december e aavse .

aave etle vechi nakhjo ho.

ARE U SURE?????????

BASIS OF ALLOTMENT POWERGRID
SHARES APPLIED ALLOTMENT
150 SHARES 150 SHARES
300 SHARES 213-214 SHARES
2250 SHARES 1029 SHARES
LISITING DATE - 20 DEC 2013

WHERE U HAVE GOT THIS INFORMATION PLEAZ TELL ME

BASIS OF ALLOTMENT POWERGRID
SHARES APPLIED ALLOTMENT
150 SHARES 150 SHARES
300 SHARES 213-214 SHARES
2250 SHARES 1029 SHARES
LISITING DATE - 20 DEC 2013

babu kalia allotment kab hoga.............

when will be the allotment made.................so tired after seeing many times the karvy website for allotment

Allotment details available? It was expected to be available by 16th Dec

what is the strategy to be followed by ppl who will get shares on 18th Dec.
Should you SELL immediately
Should you hold for 1 month & then sell

Any suggestions scholars ???

Strategy to Play Power Grid FPO as below:
1. Share expect to be near 100 levels before listing
Action Point: Buy Puts of 95 strike to hedge your position in cash
2. Share expect to be open around 95 levels on listing day
Action Point: Premium Gained using Puts to be used in Buying Calls as StopLoss. Example: If 1 point gain earned in Puts then Calls Stoploss to be buy price + 1.
3. Share expect to be regain levels of 100 before closing.
Action Point: Square off Calls along with Shares bought using FPO.

Expected Gains for 2 Lakh Application using this strategy will be nearly Rs 20000 (10% target of amount invested)

Thanks
Ankur

Dear Ankur,
thanks for suggestion. I''m little novice in options and calls. so request you to please suggest strategy with current values. Like for 95 Strike puts value is 1.90 right now for 2000 lot size.
Should i buy 1 lot of put for 95 strike at 1.9 now?
Please clarify strategy for 2 AND 3 with vlaues as of now...

from where basis of allotment information taken (source of information)

I am novice and small investor have applied for 150shares @85 a piece.

Will there be any allotment to me?!

No, magenta. You won''t get any shares.