Punjab & Sind Bank IPO Message Board (Page 4)

Dear Routray,
You have got 2 options.If you want unlimited profit.You can hold on to short.Only risk is FPO deferral.You can add safety by selling Jan 180 put also at 8.In this method you will get only a profit 8000 per lot but you will be safe till 188.Take your own decision

DEAR SREEDHAR,

HOW MANY SAIL FUTURES HAVE YOU SHORTED? I HAVE SHORTED ONE AT SAME 180.

Dear 1315. Abdur Rahman Dec 30, 2010 11:50:48 AM IST Report Spam! For all those IPO investors who don't like limit of 2 Lac and want to get it back to 1 Lac. Here is what you can do.

Whatever email or any complain by retailers, no one will listen in India till this Govt. is there. Because everyone is busy with HNI, QIB etc. Otherwise if 90-95% (as per overall view) retailers are against this increase of limit than how can SEBI take the decision to increase the limit? But no one will give the answer and no one will look into the matter as only retailers will suffer and they are only for suffering. Rather this decision, why SEBI not taking decision for high pricing or retail quota increase or any other measures to benefit retailers? See even after one year how Reliance Power, NHPC, Indiabulls Power, Emmbi Polyarns or Jaypee Infra have given losses to retailers. But you will get only 17 or 15 shares of MOIL or PSB after 15 days investment of 2 lakhs because these are good. Hence, SEBI has given indication that losses are unlimited for retailers and gain is meager. Hence retailers should voluntarily quit IPO.

Is there anyone in The World who can realize to SEBI that he has done big mistake by increasing the limit of Retail Investors by Rs. 2.00 Lakhs. I can challenge no one will be there. SEBI has given hint to all retailers of India to quit from IPO market. This market will only for HNI, QIB and big players. SEBI will not take any decision for benefit of retail investors like IPO Pricing, IPO Loss etc. But SEBI will take decision to give more and more losses to retailers. This is very shameful that after applying two lakhs and after waiting for 15 days, you are getting 17 shares of MOIL or 50 shares of PSB and that is even by lottery!!!!
Great India! Great SEBI!! Great Corporate!!!

you are abselutly right mr. rajesh narang but where we complain to sebi. if this 2lac limit will be continue than small investor deffinetly out of ipo.

For all those IPO investors who don't like limit of 2 Lac and want to get it back to 1 Lac. Here is what you can do.

Please email to Mr. B. Rajendran [(GM)Matters Pertaining to Public Issues and Companies]. His email id is rajendranb@sebi.gov.in . Also u can email to main email id that is sebi@sebi.gov.in .

See the latest IPO of Punjab and Sind Bank. On application of 1650 shares one is getting allotment of only 50 shares and that too only 3 persons out of 4 got the allottment.

The problem is that all the HNI's have come down into the Retail category. Thereby creating a serious congestion. If SEBI wants to protect the Retail (small) investors then it should rollback the 2 lack upper limit to 1 lac as before, moreover 2 lac limit should be made on case 2 case basis; that is it should be made for big large size issues like Coal India etc or ones having issue size greater than 10,000 Crores.

Please go thru and email to SEBI/ Phone No. is 022 - 26449000. please request the officers there politely to rollback the 2 lac limit.

I sold 50@143 and another 50@132 within 3 minutes of opening.
Made 2300 Rs, though was expecting more. Banking stocks it is
always better to exit on listing day with whatever u get and
enter after a week or so. whether CBI or united bank hardly gave
anything on listing day.
Buy around 125 or so for longterm.

Gane,
HNI breakeven is broken so it will be continously under selling pressure.So very difficult to predict high point.

Sreedhar,

What could be the maximum target price one can expect for today?

or do you think it will go down further? please let me know.

Thanks.
Gane.

how someone can sell 70lakhs share just 1 minute after listing,friends speculation is going on,hold on this stock,may touch 150-160 after its Q3 results.

SEBI is certainly favouring HNI individuals by enhancing the limit to 2lac for retail. u can see 2lac app getting refunds or 50 shares getting profit of few hundreds rs worest than fd in banks, its high time we should all raise our concern to finance minister to pressurise sebi to decrese limit to 1 lac max . the experiment of raising limit to 2 lac is not in public interest

Anil g,
I will buy at 329 pm whatever the price.

Thanks Gane

I try to check sreedhar's post & then take decision coz I am short

term investor.

Gavin

You are right GEM...better to put 2L in FD then IPO. SEBI has spoiled primary market. Returns are very less and Risk is always there...Put Funds in FD and have peace of Mind..Udhay Bhave go to Hell

Gavin,

If you are a long term investor, you can wait for a year. Everybody is talking about target of 200/share. Please refer sreedhar's advice in this forum which he has posted yesterday.

Gane.

Dear Srini,

I hold 100 shares from IPO and then I bought 350 shares at 131/-. I am waiting for 140 to exit completely. May be today or tomorrow.

crossing my fingers now.

Gane.

Silver lining !!
may be such bad listing will discourage the flyby ipo investors !!

@ hsr
I agree with your view point

Dear Gane

I have 3 lots ie. 150 shares of PSB can you please advice if i sell 1

lot share at current price level.

Gavin

Dear Gane,
How many shares you hold, I am holding 100 shares, lets hope it will cross again its listing price.
Srini.

federal bankis offering 8.75% on fixed deposit !!!!!!!

guys what do u think, leave the ipo and buy fds?????????