Shipping Corporation of India Ltd FPO Message Board (Page 3)

Worst stage now, it has fallen to the issue price after discount for the retailers, now this is a lesson for all retail who applied for this kind of shares. Lucky that I have not applied in this, big thanks to Sreedhar and other who informed all of us to avoid this issue.

Srini.

566. KK Natarajan

It has crossed 95% OPEN-interest. Next, it will be CLOSED!

Those who sell SCI at this point of time will have to pay the brokerage out of their pockets! What a pity!
At least the subscription will be lesser than expectation in Punjab and Sind Bank, thanks to the performance of MOIL and SCI.

Sreedhar,

Any call on Shipping corp of india ?
What is best entry level, it is currently quoting @134.80
Seems selling presure of fpo.
Plz advice...

icici demet SCI shares credi in DP account. payment deduct. balance amount credit

DEVLUVSUALL

Dear,

dont paniq, u r lucky not to receive any SCI shares... those who got, are crying. Even interest not recovered.

Govt looted in this case.

No amount deducted from ASBA a/c nor the lean has been removed. Allotment expected only after amount has been deducted. I feel allotment is still under process. Only when all receive the allotment in D,mat a/c then only a fixed date will be set for trading. since it is an FPO trading will be done on prevelant market price

Whats wrong with SCI IPO..i have DMAT account in icici...and applied for 50 share(140/- each)..i havn't been allotted any shares...

HI, Bit urgent...
I have not yet received the refund for SCI application.. Who do I chase?

@ 553. RAJA RAJASTHANI

I applied thru SBI ASBA and got the refund back to my account.

Strange part is that I applied for 550 shares and got none. Anyone aware of allocation logic for SCI

545. Prem toshniwal

Not sure if were telling not getting allotment of SCI or getting 2lots on MOIL.

FPO Listing Detail
Listing Date:      Wednesday, December 15, 2010
BSE Scrip Code:      523598
NSE Symbol:      SCI
Listing In:      A Group
Sector:      Shipping
ISIN:      INE109A01011
Issue Price:      Rs. 140.00 Per Equity Share
Face Value:      Rs. 10.00 Per Equity Share

SCI LISTING AT NSE W.E.F. 15.12.2010 - VIDE NSE CIR.NO.NSE/LIST NO.2010/1213 DATED 14.12.2010

I applied for 550 SCI shares. I see money back in my a/c.
Was there lottery system for SCI allocation?

Anybody who has got refund of SCI FPO.

Kindly post the massage..

I have applied 500 shares in 2 accounts. One account got 80 shares as expected. But another got none, surprising.
Is this Karvy's mistake? What should I do, Will it be beneficial to contact them or waste of effort?

Got 50 shares in shipping corporation.applied for 2 lot * 2 application.
Net Invested Rs.28000/- for 11 days.If present price of 139.20 is maintained. I will get profit of Net Rs.139/-. ( 50 * 6.2 = 310 - 84 int cost ( if i have invested instead in a company deposit at 10% ), - 25 brokerage - 47 tax at 15% on 310 - 15 misc charges. All SCI shareholders ENJOY.

FPO SHARES DEPOSITED IN DEMAT A/C.....ANY INFO ABT LISTING

Yes unlike Power Grid which had an FPO size of 7600 crores SCI was around 1200 crores so corresponding supply from retails & HNI will be lower.

SCI BV is around 160 ,div yield of around 4 % for retail investors @ 133, PE around 8-9

All in all a safe bet & investors dont sell below 150

when is the listing date?